leoj said:

---

Due to broadcom mentioning a slowdown. AMD is down as well



Geopolitical uncertainties and export restrictions on a large customer are tamping down demand, CEO Hock Tan says. "As a result, our customers are actively reducing their inventory levels, and we are taking a conservative stance for the rest of the year."

---

AMD trades in such large channels, it's crazy.. when it breaks out it's like a rocket. It damn near felt stuck at $9 to $12.. next step was around 16, then 24

Pulled out of MU AH for very minimal loss, going to let it flash down to that 30 or lower mark

Geopolitical forces. Gotta love'em.

Gold continues its move. CDE up another 16 cents. GOLD up another 24 cents

Changed my MU order price down a bit. I'll take the lower prices and say thank you in a couple of years. If this pays a dividend in the future, I'm going to be very happy.

UpstateAg said:

---

Changed my MU order price down a bit. I'll take the lower prices and say thank you in a couple of years. If this pays a dividend in the future, I'm going to be very happy.

---

You look at AVGO with a 20:1 p/e trading over $250 on $11/share earnings. Then you look at MU at 3.1 p/e on $10.65/share earnings. The difference in price is that 4% dividend. MU would be a rocket ship on a dividend announcement.

LPSN with a pop up 97 cents

Not gonna hold my breath on this one. It was only 110 shares.

NIO getting taken to the woodshed PM

So SFIX. Flag pattern. 50-50 on previous flag patterns. Watch closely how it breaks as a broader market indicater.

IrishTxAggie said:

---

Not gonna hold my breath on this one. It was only 110 shares.

---

See that. When stocks virtue signal....

Dear beautiful SPY please test and break 290 and grace 291.

This feels like a day where stocks will rip way down in the morning and fight all day to be down just a tiny bit at close. For personal reasons hope the opposite happens.

MU recent lows were $32.17 then $32.15 over last month. Watch for test of that and then magnet $32. Hope for a flash immediate rebound beginning a move higher. Otherwise don't be a share holder naked. Any building under $32 and all signs would point to another wave down.

If it does drop below that recent support then a full on retest at $30 with flashes into $28's are possible. From 5/23 to 6/11 could end up being a left shoulder of an inverse head and shoulder if that happens, giving a recovery bounce to form the right shoulder as a very tradeable time.

It's always possible this pullback on bad news will be treated as baked in and we see buyers push towards continuation. We never filled that $34.75 gap, which is always worth watching. Whether that happens on continuation or longer term after the inverse h&s is what's at stake.

I need it to rip higher first thing so I can get out of these DE calls.

oldarmy1 said:

---

MU recent lows were $32.17 then $32.15 over last month. Watch for test of that and then magnet $32. Hope for a flash immediate rebound beginning a move higher. Otherwise don't be a share holder naked. Any building under $32 and all signs would point to another wave down.

If it does drop below that recent support then a full on retest at $30 with flashes into $28's are possible. From 5/23 to 6/11 could end up being a left shoulder of an inverse head and shoulder if that happens, giving a recovery bounce to form the right shoulder as a very tradeable time.

It's always possible this pullback on bad news will be treated as baked in and we see buyers push towards continuation. We never filled that $34.75 gap, which is always worth watching. Whether that happens on continuation or longer term after the inverse h&s is what's at stake.

---

Isn't their ER expected out 6/25? Based on AVGO's report, I expect MU's to be something similar, or are you thinking their ER isn't as bad?

IrishTxAggie said:

---

I need it to rip higher first thing so I can get out of these DE calls.

---

This!

Whelp...

Every stock on my watchlist is red except TEUM lol

Win some. Lose some

CHK torpedo'd down this morning.

I'm out till November, but I'm still thinking too soon.

SWN moving

MU coming off that 32.25 line pretty well

And in a see of red, BYND doing well today (which of course I have puts on)...when it rains it pours

Aren't you glad you held onto that SUM covered call?

Yessir...one of the biggest learnings I've had in the past year of following this thread is don't overreact one way or the other, need to remember it more

JD eclipsed that $26.75 target posted early this week.

oldarmy1 said:

---

JD eclipsed that $26.75 target posted early this week.

---

Does that mean you're sitting on some $28 calls or 6/28

Hmm to enter a position on OSTK now or JD. I've been on sideline on those

Have an order set at $.4 on the 6/28 $28 calls

Damn. Didn't fill. Bounced hard off $.41

DOCU going to close the gap today?

That'd be a hell of a day to get up to 52.50+

Is anyone still holding the bag on HEAR, or jump in when it touched into the 8s?

Spy has tested 289 4 times now.

NM misread chart

Sorry guys, bought a position in OSTK at $9.70. So, see you at $8

Aggie_2463 said:

---

Sorry guys, bought a position in OSTK at $9.70. So, see you at $8

---

Better than my $10 I guess