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Semis is the sweet spot of the market.. GO MU
back in business!!!.......micron to start shipping components to Hauwei ......nice change of luck.....up 12% alreadytoday
$$$$$$$$$$$$$$ MICRON $$$$$$$$....glta
NVDA UP $8 RIGHT NOW.......all my other babies are ridin' the wave.......amd..amat..cmcsa..msft..mu......all having a great day.....market up 300 points, but not the reason......the tariffs against mexico, shows china that trump doesn`t bluff....glta
$$$$$$$$$$$$$$$$$$$$$ NVDA $$$$$$$$$$$$$$$$$
positive trade talks in the making......although china says they will never back down, a revolutation against communism is brewing in china......some tech companies coming back to america....MU
is riding the positive energy today
$$$$$$$$$$$$$$$ MU $$$$$$$$$$$$$...glta
back to TURD status lol
Time to buy
$MU Options action alert, $37 June strike Huge Volume
These high volume options as listed on the chart are really unusual as the price action is so poor in NASDAQ:MU and sentiment within the SMH and the Tech sectors are terrible. The June G20 summit is really seen as the last chance for any change in tone towards trade with China, so investors in TECH are wishing June was over asap . On the flip side the sector is in oversold conditions and MU have earnings on June 25th.
Seems weird that Micron short interest is at the lowest in over a year. Nearly 30 million shares covered since start of 2019.
One would think with all the doom and gloom it would have gone up. Why cover if it’s destined to go lower?
Tough one to figure out lately, I figure a few calls bought on NVDA, and buying not selling a few puts, might be the way for now? JMO remember my opinions are possibly worth about. .0000000000001 cents!! Bought I had bought NVDA back in the $40.00 range. No where near the amount of shares you have. Nice job!!
I`m with you T B.......going to sell some amd today.......have 1200 shares of nvda left from 2014....($63)......I think it`s time for them to go as well....havn`t decided what to do with micron yet.......have 5000 at about $43.......probably sell half....good luck this week
MUMUMUMUMUMUJUMUMUMU....OUCH.....MUMUMUMUMUMU
100% out of MU for now, I sold most of my nvda, sold amd. What I have done is bought calls out to sept. I have been in NVDA for some time but seems like their going nowhere for now? Mu -well heading back lower again? I bought puts on NVDA, and bought Calls on NVDA out to Sept. $1,100. bucks to own the stock @ $160.00 out till Sept. Bought a couple MU calls also. For now just waiting and watching for a place to buy back in if the market heads a lot lower. JMO
I`m up big-time on amat..amd...nvda, but under-water on micron, by about 50k......this mornings news against qcom, isn`t going to help us......a lot of my large cap tech ....msft etc, iv`e owned for 4 or 5 years .......amd I own 11k/shares, at a little over $8.00.......I`m with you on this......the china trade war has no end in sight, and I think it`s time to get "light " on big tech......the small cap bio`s are risky, but have treated me well the last few years.........utx, is the 1ST to go!!!.....good luck to you...."gettin light"
Will continue to add through all of 2019. This will see all time highs soon enough. I got time.
All about the effects of the ban on whowwwaaayyyy! Looks like it's hitting my mu, nvda, and many others! For now I'm not adding, only have calls out to sept. calls on nvda, glad I did not add any amat shares!! I'm going crm, roku, sq, I have been to beat up by mu and nvda. JMO
OUCH!!!........mu getting a haircut almost everyday.......under water .......drowning!!.........but this is beginning to look like a sweet place to add.......good luck to all, the "bumpy ride" goes on...$$$$$$$$$ MU $$$$$$$$$.......????
Hard to tell at this point.
$SPX is still in a rising channel and rose a little today, but there hasn't been a significant correction since late December. For that reason, I wouldn't be surprised to see a test of SMA(200). By that I mean that SMA(20) comes down so that it tags SMA(200). I would like that since I've been out of the market for several days (though not exactly by choice). And I would like that for other reasons too.
My feeling is that since $SPX has been going mostly higher since late last year, it should probably have a more significant correction in order to take some of the pressure off which, if not released, will ultimately result in a more disastrous correction later. So, let's have a bumpy ride now in order to avoid a crash later.
I always liked to climb trees as a kid. I always felt more comfortable climbing higher when there were strong branches lower for me to land on should I slip and fall.
I've essentially been out of the market since early Monday. I sold all my stocks on Monday morning; but as it turned out, that was a huge mistake as I would have made a whole lot more if I stayed in. In the mean time I've been screwing around with new computer hardware.
Hard to tell at this point.
$SPX is still in a rising channel and rose a little today, but there hasn't been a significant correction since late December. For that reason, I wouldn't be surprised to see a test of SMA(200). By that I mean that SMA(20) comes down so that it tags SMA(200). I would like that since I've been out of the market for several days (though not exactly by choice). And I would like that for other reasons too.
My feeling is that since $SPX has been going mostly higher since late last year, it should probably have a more significant correction in order to take some of the pressure off which, if not released, will ultimately result in a more disastrous correction later. So, let's have a bumpy ride now in order to avoid a crash later.
I always liked to climb trees as a kid. I always felt more comfortable climbing higher when there were strong branches lower for me to land on should I slip and fall.
I've essentially been out of the market since early Monday. I sold all my stocks on Monday morning; but as it turned out, that was a huge mistake as I would have made a whole lot more if I stayed in. In the mean time I've been screwing around with new computer hardware.
Wow are we going to see below $30 soon?
Then more than erased,
four days later. Same with AMD.
But SMH stayed relatively flat.
So I left semiconductors behind for awhile.
Seems we have a minor breakout happening
already rich!..........glad I starting adding again last year......have almost 7k now....just about even money..........mu has been good to me, and will be again........sold 9k.. 18 months ago for about $44/share.......cost me $15 in dec/2015......this will be at $60-$70 by years end.......glta
This the one...that could make YOU, rich yet? MU 5-6x P/E within high growth AI, from RAM bulbs(1947) to higher performance & lower power consumption 3D XPoint technology(2015).
Paul Mampilly's Chance of a Lifetime.
Anybody know for sure if MU is the stock that this Paul Mampilly is pushing for its AI chip ???? TIA
I see it's doing quite well.
I watch MU regularly and saw negative news about it yesterday (as I recall) but it's being ignored which I interpret as a good sign.
So I was just mumbling to myself a few minutes ago that I should monitor it a little more carefully and come back to trading it once in a while.
As I see it until it's proven otherwise, MU will trade in the upper half of its red fork, or perhaps above SMA(50), so any test of the middle tine or SMA(50) is a good entry point, but only if the overall market is behaving well.
I underline that last phrase because I would not be surprised if $SPX rolls over and goes farther down in a significant correction, and I'm not the only one that thinks that. If you look at $SPX using weekly intervals (bottom chart), I have $SPX making the right shoulder of an H&S pattern. That means that $SPX topped out last week. And it also means that MU topped out last week, at $44.21 (the upper corner of the red down-fork).
Start pushing hedge fund loading
$mu...shorts getting tired trying to hold this down...bulls continue to hammer the ask...
$mu...$41.30 and climbing...about to break wide open...
$mu should be trading over $42 before lunch...heavy buying volume pouting in....
$mu..$41.19...could cross $43 as resistance was been busted and shorts on the run....
$mu is ripping higher onchina trade talks..$41.11 and climbing...
$mu looking good today
That trip down below 30 ...
was probably year-end loss-taking for those who could use a tax write-off against earlier profits.
Your guess/analysis probably better than mine. "Slowdown" caused the mini-crash where MU went to $32s (close to $20s).
I'd like to see retrace to $40.
$20's? Don't think so. Earnings estimates for fiscal 2019 are still above $7, and fiscal 2019 is half over. And ... MU did beat this quarter's earnings estimates! At today's price, MU is trading at a PE of 5. Historically, at this point in the memory cycle, MU would have negative earnings.
Below $40, then what?
I don't have a clue. Does it bounce then, or does it go to $36? That's beyond my ability to figure out.
But, I drew a down-fork anyway. That suggests MU bounces at $40.
I think MU is going back to the $30s. The future is very uncertain as China's economy slows, EU economy slows & US economy slows. I even think $20s are possible for MU.
"awful" is no longer applicable,
The chip technology has become so advanced, and so covered by patents, that it is very difficult for other memory manufacturers to compete.
In past memory cycles, the competition would be so strong that the memory manufacturers would be operating at a loss right now.
That is not going to happen anymore.
And as I've said before, Micron could do themselves a huge favor if they would use some of their cash to merge with a non-memory semiconductor company.
Imagine the possibilities if MU merged with AMD -- boom!, bang!, to the moon, Alice!
News: $MU Dow Jumps More than 250, Led by Apple
Stocks rose on Thursday as Apple and Micron surged to lead the tech sector higher. The Dow Jones Industrial Average spiked 216.84 points to close at 25,962.51, as a 4.2% gain in Apple offset a decline in J.P. Morgan Chase. The S&P 500 took on 30.65 points, or 1.1%, to 2,854.88 ...
In case you are interested https://marketwirenews.com/news-releases/dow-jumps-more-than-250-led-by-apple-7862608.html
"Certainly Micron has not been in a situation before where it's been able to deliver such healthy profitability and cash flow in an adverse industry environment," Chief Executive Sanjay Mehrotra said in an interview with Reuters.
Results compared to last year were awful; outlook not good
and MU is up 9 - 11%
See link. Explains the apparent disconnect quite well. IMO
https://www.cnbc.com/2019/03/21/south-korea-semiconductor-stock-movements-following-micron-earnings.html
Also feeling the love on MU earnings,
SWKS
NXPI
two of my holdings.
Put options more then double Call options, big firms aren't going to let retailers profit off them. They'll keep it up till all the open contracts expire...
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