Micron Technology Inc. (MU)

40.88
0.21 0.51
NASDAQ : Electronic Technology
Prev Close 41.09
Open 40.97
Day Low/High 40.55 / 41.86
52 Wk Low/High 31.13 / 61.19
Volume 18.19M
Avg Volume 29.49M
Exchange NASDAQ
Shares Outstanding 1.11B
Market Cap 44.37B
EPS 5.70
P/E Ratio 19.36
Div & Yield N.A. (N.A)

Trade of the Week - Shorting Micron ($43.32) 

On Friday I reestablished my short in Micron .  This morning I am adding MU (short) to my Best Ideas List, and making Micron my Trade of the Week. Here is my investment rationale: * From an investment and trading standpoint MU seems overpriced after...

Google Just Opened Up a New Revenue Stream for Google Assistant - Tech Check

Google Just Opened Up a New Revenue Stream for Google Assistant - Tech Check

Google will now show full search results -- including search ads -- when handling certain Google Assistant queries on Android devices.

Shorting Micron

I am back shorting Micron at $43.25.

Samsung Stock Slips as Profits Forecast Falls to Lowest Level in Years

Samsung Stock Slips as Profits Forecast Falls to Lowest Level in Years

Samsung is setting yet another bearish standard for semis and smartphones in the first half of 2019.

Semiconductor Rally Offers Opportunity in Some Old School Stocks

Semiconductor Rally Offers Opportunity in Some Old School Stocks

The semiconductor sector surge could send some standby industrial stocks higher with it.

Jim Cramer: The Best Time of All to Invest

Jim Cramer: The Best Time of All to Invest

Lowered expectations are the best kind of expectations and they can make for great markets.

Among the Semis, Taiwan Semiconductor Is Wednesday's Laggard

Among the Semis, Taiwan Semiconductor Is Wednesday's Laggard

A published report said that TSM has seen orders for 7nm chips ramp higher.

Semiconductor Stocks Surge as Taiwan Semi Signals Smartphone Strength

Semiconductor Stocks Surge as Taiwan Semi Signals Smartphone Strength

Reports of a smartphone market recovery from Taiwan Semiconductor is taking the sector higher.

The Semi Schmeissing

Speaking of Micron  this helps to explain the broad weakness in semiconductors.

Samsung Warning Should Sour International Investors on Seoul and Taipei

Samsung Warning Should Sour International Investors on Seoul and Taipei

The tech giant makes up such a large part of the Korean stock index that its woes can't help but be a drag on the market as a whole.

Another Dumb Ass Move

Covering my short in Micron was another idiotic investment mistake. More lessons learned: * Markets, especially over the near term, are governed by price momentum based strategies and products that exaggerate short term moves. * Use the machines and...

The Trade Desk Remains a Pretty Unique Story - Tech Check

The Trade Desk Remains a Pretty Unique Story - Tech Check

The online ad firm has seen strong growth in a U.S. market where Google, Facebook and Amazon loom large. And it's now entering China.

This 'Panic' Is Way Overdone: Fade It

This 'Panic' Is Way Overdone: Fade It

Yes, the yield curve inverted, but it is NOT the same as in years past.

Is Micron a Buy? Friday's Trading Will Provide the Answer

Is Micron a Buy? Friday's Trading Will Provide the Answer

Micron bulls are likely to run into the Micron bulls of Christmas past.

Jim Cramer: The Fed's Dramatic Sea Change and What It Means for Stocks Now

Jim Cramer: The Fed's Dramatic Sea Change and What It Means for Stocks Now

The best stocks to buy in this environment are the ones that have the greatest growth.

Lam Research Is an Attractive Alternative to Micron

Lam Research Is an Attractive Alternative to Micron

LRCX could be a counterintuitive opportunity to cash in.

Here's Why Citigroup Says You Should Sell Micron Stock

Here's Why Citigroup Says You Should Sell Micron Stock

Some analysts are calling the day's optimism unwarranted.

Jim Cramer: Forgotten Companies Stocks' Are Leading the Way Up

Jim Cramer: Forgotten Companies Stocks' Are Leading the Way Up

Eclectic leadership is not the kind of leadership I can bank on.

Micron's Breakout Boosts the Semiconductor Stocks

Micron's Breakout Boosts the Semiconductor Stocks

There are some skeptical analysts but the bulls have a good argument and Micron's stock is reacting well.

Is Micron Ceding Market Share to South Korea?

Is Micron Ceding Market Share to South Korea?

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's Results

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...

Covered MU

I covered my Micron short for a loss. Column coming.  

Micron Stock Advances Amid Memory Demand Recovery Forecast

Micron Stock Advances Amid Memory Demand Recovery Forecast

Micron may be putting in the bottom on memory demand.

Micron Technology Is Likely to Continue Trading Sideways in the Weeks Ahead

Micron Technology Is Likely to Continue Trading Sideways in the Weeks Ahead

MU could rally Thursday but it will probably do very little to really improve the technical picture.

And Next Up... It's All About the SOX

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...

Trade of the Week (Short QQQ at $178.77)

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...

FOMC Policy Decision, Repairing the Economy, Trading Micron: Market Recon

FOMC Policy Decision, Repairing the Economy, Trading Micron: Market Recon

Equity markets had been hot. Real hot, going into this week's FOMC policy decision. Still no China trade deal.

Jim Cramer: The Ultimate Case for the Leap of Taste Not Faith

Jim Cramer: The Ultimate Case for the Leap of Taste Not Faith

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.