Micron dropped 10% in a single session. One day. Gone. The AI trade is getting a reality check.
Full disclosure, I bought MU ahead of earnings and intend to add to my position...
The trigger was a set of reports that its rivals, Samsung and SK Hynix, are preparing to pour a fortune into new capacity... This tells me Memory is still the play.
Friday's jobs report drops a day early due to the holiday.
Markets are thin, nerves are high... but take today's action with a grain of salt, the fund managers are already at the lake.
This volatility is mostly retail slop. IMHO
- Greg
ad- America’s 250th Birthday Flash Sale – This Weekend OnlyAmerica's 250th Birthday Flash Sale – This Weekend Only Marc Chaikin, the 60-year Wall Street legend who called Nvidia before it soared 45,000%, is offering a first-ever sale on his flagship newsletter, Power Gauge Report - PLUS free access to his Power Gauge Rating system. As a living Wall Street legend who’s been nicknamed "The Billionaire Maker," Marc is heavily discounting his analysis only until July 6th. Click to claim before the deal is gone.
Learn More
ad- The “secret weapon” behind Microsoft, Meta, AmazonLouis Navellier has spent 40+ years identifying stocks before major tech waves — his system helped him flag. Nvidia before its 82,000% run. Today, he's revealing the three stocks at the center of the biggest AI buildout in history. Click here for the full story
Learn More
ad- Billionaire Trader Warns: Get Out of StocksAfter starting out 50 years ago in a 2-bedroom apartment... Today, Billionaire trader Ray Dalio has made more money for his clients than any hedge fund manager in history. And he's done this by predicting – and reacting to – the "big picture" of the markets... in a way that even the smartest people in the world are unable to replicate. Now, along with multiple Wall Street banks, Dalio is warning of a historic crisis for stocks that could keep your portfolio in the red for...
Learn More
ad- Konstantin's 'time machine' (check this out)What if you could legally follow corporate insiders - the one group that knows more about a company than any analyst alive? A little-known 48-hour 'loophole' makes their biggest moves public, and one trader built software to surface them instantly. The result: documented wins like 92.31%, 96.67%, 139.13%, even 157.89% - each in three days or less. He's recorded a free training revealing how it works. No live event, no waiting - watch it right now.
Learn More
ad- Could This Stock Be “Trump’s Next Big Buy”?
Could This Stock Be “Trump’s Next Big Buy”? Jim Rickards believes the Trump administration is about to take a direct stake in a tiny $2 stoc k . The Trump administration has taken a direct stake in MP Materials, Lithium America, Trilogy Metals, and USA Rare Earth. Each time, shares sprinted higher. Click here to see why Jim believes this one is next .
Read more →Disclaimer:
This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. All opinions expressed are based on publicly available data believed to be reliable but are not guaranteed for accuracy or completeness. Investing and trading involve risk, including the possible loss of principal. Always perform your own due diligence and consult with a qualified financial advisor before making investment decisions. Past performance is not indicative of future results. Paid ads from 3rd parties are clearly identified. We do NOT specifically endorse these products nor are we responsible for the content of these ads. You should assume an affiliate payment will be made to us if you click a link or buy a product.