| Prev Close | 88.41 |
| Day Low/High | 86.53 / 88.95 |
| 52 Wk Low/High | 41.19 / 96.96 |
Micron Technology, Inc. (MU)
87.48
NASDAQ
| Exchange | NASDAQ |
| Shares Outstanding | 1121.42B |
| Market Cap | 99.14B |
| P/E Ratio | 31.05 |
| Div & Yield | N.A. (N.A) |
Uncaring Rabble, Coming Covid-Flu Cocktail, Downer Data: Market Recon
Plus, the equity markets suddenly are trading quite listlessly and Applied Materials surprises.
Micron's Cautious Sales Outlook Is Worth Taking Note Of
The memory giant indicated November quarter sales would be below its preliminary outlook, and also says its August quarter will be more back-end loaded than originally expected.
Micron's Weakness Â
Micron shares are trading down after company management, at a KeyBanc conference, said that Q4 (Aug) will be weaker than previously thought.
A Trade on Micron Technology as it Tests Support
A small trading position or bull call spread might be warranted, depending on support.
Looking at Trade Setups for Micron and TLT ETF
I'll consider the MU setup a bust if we break the support cluster. Let's see if TLT can hold above the recent low.
6 Key Takeaways from Texas Instruments' Earnings Report and Call
The analog chip giant topped estimates and issued above-consensus guidance. But it also cautioned that macro pressures might take a while to go away.
What to Watch as Earnings Season Kicks Off for Tech Companies
Among the things to watch: How Q3 demand is trending for markets such as smartphones, online advertising, streaming and e-commerce.
The Parallels Between the Current Environment and the Dot.com Bubble Are Growing
While valuations still aren't as high as they got in 2000, a lot of recent investor behavior feels very familiar.
Micron Technology Is Poised to Break Out of an Equilateral Triangle Formation
With so many bullish clues it's easy to recommend a long position on MU.
Here's How I'm Playing Micron
MU's cloud integration and migration to the cloud remains a main business theme driving capital expenditure on the data center.
Economy Stalling? Virus Spreads, Jobs Week, Watching Tesla: Market Recon
I will tell you this. Nobody I talk to is talking much about Q2 earnings. In fact, Q3 is not even the topic of conversation.
The Long and the Short of It
* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...
Rioting in the Streets, Retail Response, Trading Thoughts
Let's hope that the violence subsides, the valid voices of peaceful protesters are heard, and the lack of social distancing protocols does not lead to a resurgence in the spread of the virus.
Jim Cramer: This Market's a Long Horse Race
Let's take stock of who's likely to come out ahead in this winner-take-all marathon.
Dealing With a Broadening List of Uncertainties
* A further look at Warren Buffett's actions suggests that there are more uncertainties today regarding the trajectory of economic and profit growth than existed in March, 2009 * Stocks may have a short term bias slightly higher (bearsh positioning,...
AMD and Samsung's Earnings Point to a Cloud Server Spending Boom
For now at least, cloud giants appear to be scrambling to add capacity to help support usage spikes for many apps and services.
Jim Cramer: The Great Oil Disconnect
In any other business, if you saw demand fall, you would make less, but what did oil producers do as Covid-19 stopped people from driving, flying and leaving home?
PC Demand Isn't Quite as Bad as the Latest Shipment Estimates Would Suggest
China's COVID-19 outbreak weighed on both PC production and demand in Q1. But sales got a boost late in the quarter.
SAP and Microchip's Pre-Announcements Are a Likely Sign of Things to Come
In their own ways, enterprise hardware and software demand are coming under pressure, as is chip demand in some end-markets.
New Buy (and Short) Levels
* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the t...
Selling TROW
I have just sold my trading long rental for a nice gain. This follows the profitable sales of and recently. That day, I also purchased and - despite the sharp gains (particularly in Procter), I am holding on to these.
For a Trade?
As I have remarked in the past, there is an old trading adage - buy what is up in a down market (for a trade). Today I see these stocks as green in a sea of red: , , , , , , .
Updating Some Trades and Investments
Back in mid-March I established five new long positions: Mar 17, 2020 ' 01:01 PM EDT DOUG KASS 5 New Long Positions In addition to materially adding to existing longs, I have established new long positions (some are trades, other investments) in the...
Smartphone Demand Appears to Be Getting Hit Hard
With retail stores shut and many consumers viewing smartphone upgrades as discretionary purchases, signs are mounting that smartphone demand has fallen sharply in recent weeks.
Jim Cramer: Here Are the Quarter's Winners, Losers
The five best performing and worst performing stocks in the S&P 500 in the previous quarter pretty much tells the tale of the tape, so here goes.
Richly-Valued Tech Firms Could See Multiples Drop if There Isn't a Fast Recovery
Should growth expectations have to come down for more than a few months due to macro headwinds, tech companies sporting high valuations will likely see multiple compression.
Advanced Micro Devices Is Set to Rally, Be a Buyer of a Small Dip
With so many charts of companies in weak positions lately, it's refreshing to see charts so strong as AMD.
Jim Cramer: Microsoft Has Been the Biggest Beneficiary of the Moment
Now the one thing you need to worry about with MSFT, as you have to do with all of the techies, is the GDP.
