Micron Technology Inc. (MU)

I am offering (slightly above last sales) shorts in , , , and . I am bidding (slightly below last sales) longs in , and .

* Another yawner * The implosion of retail was a clear takeaway from the trading session. * Strength in selected financials. * Again, some cyclical weakness after a few weeks of strong action. * FANG was dull, but Facebook continues to be jiggy. * T...

I am short Micron on fundamental grounds. Bruce Kamich gives a nice technical rundown on the name this morning - it's a worthwhile read!

Last week's Trade of the Week -- Micron (short) -- is down by another $1 and is now almost $4/share lower than last Tuesday.

My Trade of the Week is long the iPath Series B S&P 500 VIX Short-Term Futures ETN , which closed last Friday at 18.64. * Last week's Trade of the Week (short Micron at $49.62) served us well, producing a nearly 5% return in four days. * Let's try t...

This week's Trade of the Week - shorting Micron - turned out fine (with a gain of almost 5% in an "up" market). Currently trading at $47.26, it was shorted on Tuesday's opening at $49.62. My rationale: * Semiconductor stocks are momentum darlings an...

UBS downgrades Micron Technology this morning.

* A "snoozer" * Good overall action in the face of possible snags in the U.S./China trade negotiations. * But volume is light and programs mainly moving the markets. * Breadth almost flat and little movement in the Indices. * Gold rallied (+$8/oz) a...

Micron's shares fell yesterday in a flat tape. Today they are down another -$1.50/share (nearly 3%).

* Breadth was slightly negative on the day. * Gold and bond prices were down bigly. * The S&P closed near the day's low -- but nothing dramatic. * Retail (Macy's +5%) and financials were upside features. * Boeing up off a well received CNBC (+$7) in...

I shorted more Micron on the opening at $49.62.

* Semiconductor stocks are momentum darlings and are making new highs * I question the bottoming thesis Micron's shares have risen because of hope that the U.S./China trade negotiations will be resolved favorably. (I am less optimistic). Here are so...

I have added to my , and shorts.

Fred Hickey was correct and the management of Micron , some technicians (who admired the semi charts) and the unusual call activity cabal were wrong - the semi recovery is not likely underway. My key takeaway from the large miss: 4Q2019 revenues gui...

As expected, Texas Instruments  spit the bit after the bell. The sell-side's fave (and our short), Micron , should suffer collateral damage. There were other earnings high-profile minefields uncovered in the after hours.  In looking at the bigger pi...

There is probably no group as loved today as semiconductors. I am short Micron and I have been adding all week.

I was quite active in my trading and investing over the last two days (while I was on the West Coast and not writing in my Diary). Here is a summary of my actions: * I have added to my private equity shorts - (a new position) joins . * I have reesta...