|Day Low/High||48.77 / 50.45|
|52 Wk Low/High||28.39 / 51.39|
Micron bulls are likely to run into the Micron bulls of Christmas past.
The best stocks to buy in this environment are the ones that have the greatest growth.
LRCX could be a counterintuitive opportunity to cash in.
Some analysts are calling the day's optimism unwarranted.
Eclectic leadership is not the kind of leadership I can bank on.
There are some skeptical analysts but the bulls have a good argument and Micron's stock is reacting well.
While it is in the best interests of all producers to cut the supply glut for prices, that's not always the way things shake out.
Micron reported results that were slightly better than expectations but provided lower guidance. 3Q2019 sales estimated to be $4.6-$5.0 billion, gross margins of 37%-40% and EPS was guided to $0.75-$0.95. Nevertheless investors are supportive of ma...
Micron may be putting in the bottom on memory demand.
MU could rally Thursday but it will probably do very little to really improve the technical picture.
Because you know I'm all about that bass 'Bout that bass, no treble I'm all 'bout that bass, 'bout that bass, no treble I'm all 'bout that bass, 'bout that bass, no treble I'm all 'bout that bass, 'bout that bass -- Meghan Trainor, All About the Bas...
Ahead of the Fed's announcement and of Micron's EPS report (after the close), my Trade of the Week is to short the Nasdaq: * The Nasdaq has been held up (absolutely and on a relative basis) by strength in Alphabet and Amazon . There is no reason why...
Equity markets had been hot. Real hot, going into this week's FOMC policy decision. Still no China trade deal.
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.
I would expect some tough sledding over the next day or two ahead of Wednesday's FOMC policy meeting.
This quarter is a heavy test for Tilray because of the stock's lofty valuation.
But most important, networking is on fire - the internet of things and that's so terrific for everyone.
(Short) Micron is my Trade of the Week this week. Mizuho has lowered its estimates for Micron based on further DRAM price declines: Mizuho analyst Vijay Rakesh, after traveling to Asia, believes DRAM and NAND pricing trends for the March quarter are...
* The consensus is growing more consensus! * The notion of risk has left the Exchange's building * The last hour of trading uncharacteristically weak Today's session was another one supported by good overall breadth (2,154/786 on the NYSE). Howeve...
I am adding to my Micron short. The shares have been a noticeable under-performer this week.
*Raising net short exposure Some late morning observations: * With Google and Amazon market beasts -- now both medium sized -- I feel "comfortable" adding to my short hedges. * Added to my Micron , Caterpillar and Coca-Cola shorts. * So weird that t...
I shorted Micron Technology at $39.22 this morning -- not believing the bullish semiconductor thesis.
It signals the glut in chips may be done with, which is good news for most of the semiconductor names.
Why am I not more worried about a recession? Because Fed Chair Jay Powell has our back.
It's time to buy using very wide scales.
There are signs in the market that the talks may not be going as well as thought, or at least that some believe that Trump thinks he has the upper hand.