$SPDR S&P 500 ETF Trust(SPY)$ Some people seem to be posting a lot of noise, but the markets look set to push toward new all-time highs soon. That will probably make the current pessimism look even more out of place.
$Micron Technology(MU)$ One thing I appreciate about holding MU long is that even after a 20% drop, you can write a leap about 10% out of the money at your basis and still get paid around 15-20%.
$Micron Technology(MU)$ When memory suppliers were losing money a few years ago, Apple probably could have locked in supply for a decade at a 25% margin. Instead, they were stingy and squeezed the memory makers while they were down, and now they're stuck paying 85% margins.
$SanDisk Corp.(SNDK)$ RAM, SKHY, and others are surging as blowout earnings from CRWV and SNDK push aside the cyclical memory downturn narrative. The rally is being driven by several headlines. MU says demand will continue to exceed supply well into 2028. BoA analyst Vivek Arya holds a $1,550 price target on Micron. Elon Musk pointed out that memory is the single biggest bottleneck in the AI landscape. Apple noted that Chinese chips cannot compete with Micron's HBM chips. There was also a report that humanoid robots require 10x more memory than autonomous cars, predicting a memory demand explosion over the next decade.