Micron Technology Inc. (MU)

I have orders in (slightly below the market) to add to my longs in , , and . I have orders in (slightly above the market) to short , , , and . __________ Long TWTR (Large), KHC (large), CGC (large), AMZN (large). Short TROW, BX, MU (large), CAT (lar...

Mr. Market moved steadily lower as the afternoon progressed and closed on the day's lows. I wouldn't make too much out of the meaning of today's action. * Breadth was almost exactly flat. * Bonds closed a bit stronger with yields down by two basis p...

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...