$Micron Technology(MU)$ If it doesn't happen tonight, we could easily see a strong green rally by tomorrow's close. Buying the dip and riding the move back up makes sense from where I stand. Tech is oversold in the short term while other sectors are still overbought, so money should rotate back into oversold tech soon.
$Micron Technology(MU)$ Picked up MU on the early dip and then watched it tick higher all day. Bulls held firm into the close. CPI is coming, but the bears might be running out of room here.
$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ Three data centers in Russia have been taken out by Ukraine. You can already tell the bots on social media are gone. There are several more data centers that could be targeted as well. Iran and the Houthis are also looking at data centers, and it was mentioned before that these are considered military targets. I'm being careful with long positions here. Ukraine will very likely finish wiping out all of these other data centers, and this war will escalate further. Elon Musk and Trump are not happy because there are less spots on their sites and the bots were in their favor. Interesting times to be alive.
$SPDR S&P 500 ETF Trust(SPY)$ BTC.XThe 400 richest Americans are now worth a record $8 trillion. The entire bottom 50% of American households is worth just $4.27 trillion.
$Micron Technology(MU)$ TrendForce expects conventional DRAM contract prices to rise another 10–15% QoQ in Q4 2026, with NAND prices expected to climb 15–20%. AI data-center demand continues to keep memory supply tight. For MU, that matters a lot since higher DRAM/HBM prices flow almost directly into significantly higher earnings.
$Micron Technology(MU)$ MU 196-1052 in one year. Global DRAM and High-Bandwidth Memory shortages look set to persist through 2027 and 2028, with AI infrastructure demand soaking up factory production capacity. Two main drivers stand out. First, AI data center buildouts by major tech firms require huge amounts of specialized HBM paired with AI accelerators. Second, fabricating stacked HBM consumes up to three times the factory capacity of standard commodity DRAM, so every wafer diverted to AI reduces supply for consumer electronics.
When $SPDR S&P 500 ETF Trust(SPY)$ is positive after the 2nd trading day of Oct, there's usually a drawdown with an average of -2.7%. In 33% of cases, those first 2 days turned out to be the low for the month. In short, there's potential for a dip, but it's very buyable since October and November returns tend to be excellent — especially November.
Had a solid $SPDR S&P 500 ETF Trust(SPY)$ day. One trade covered a truckload of lumber. Need to get more tomorrow, so I'll probably have to trade it again to pay for it.
$Micron Technology(MU)$ Chart update. The EMA wave is in sync, and price action is showing room for more if momentum continues. A break above $1,105.50 puts $1,254.81 fully into play. Earnings are behind us now, so it's back to reading the chart and letting price do the talking.