Replies to post #64969 on Savvy Trades and Investments

[cliffvb]

MU The only thing one can count on at earnings time is volatility. It appears that it was up 3.5% initially after the earnings report came out which showed a beat in eps and revs. Then sold off after hearing the CEO comments. Now down nearly 10%.

I am on the sidelines and plan to remain there for awhile. MU could well become a pawn if the trade war with China broadens. Bloomberg reported today that the administration is considering limiting Chinese access to our financial markets including perhaps a delisting of some China stocks. It may well be just a new bargaining chip but it could also turn into an escalation of the trade war. Too dicey for me now.