I mean, the pull back from oct '18 to dec '18 was pretty significant.
Markets needed this kind of news.gougler08 said:
Futures up 14 after Mnuchin says trade deal is 90% done. Come on MU, run today
Prognightmare said:Markets needed this kind of news.gougler08 said:
Futures up 14 after Mnuchin says trade deal is 90% done. Come on MU, run today
Quote:
Needham upgrades Micron (NASDAQ:MU) from Hold to Buy with a $50 PT, a 53% upside.
After yesterday's earnings report, the firm thinks Micron's EPS is bottoming and the book value is stabilizing, creating a an attractive risk/reward balance.
More action: Piper Jaffray lowers its Micron target from $40 to $36, believing that the recovery will take several more quarters. The firm stays on the sidelines with a Neutral rating.
Micron shares are up 9% pre-market to $35.63.
The sad part is that they sway the stock price so muchIrishTxAggie said:
Analysts are just a modern day Nostradamus. Throw enough **** against the wall and eventually something will stick
rgag12 said:
Today feels like a day we are tricked into thinking it'll be a green day, but then it goes red.
Don't you bring those bad vibes in herergag12 said:
Today feels like a day we are tricked into thinking it'll be a green day, but then it goes red.
SoupNazi2001 said:Bonfire1996 said:
Turns out Powell doesn't like being called a dumbass and effectively a little beech. So he came out today and ensured that he looked like a dumbass and a little beech.
Someone should ask him what happens to his grandkids if China wins the economic warfare of the 21st century. Are they going to be free or are they going to speak mandarin and use an even more restrictive version of google? The FED should realize that capitalism is an economic theory that the totalitarianists would love to erase from the history books. Instead, we get a bunch of high ego intellectuals who care more about rubbing endows with the swells and would rather crash an economy than realize Donald effing Trump was right all along. Right on rates, right on China, right on Mexico, etc.
Because Powell won't cut 25 or 50 bps the economy is going to crash? This is hilarious. If the economy is going to crash, it will do it in spite of this because this has been the longest business cycle in history at 10+ years. As it stands a 2.5% Fed Funds rate would by far be the lowest terminal Fed Funds in history at the end of a rate hike cycle. The first Fed Funds cuts are typically a negative for the market. China is not going to budge in my opinion regardless of where rates are and Trump won't budge unless the market tanks again.
sold my calls at $2.92, bought a couple weeks back at $1.07.gougler08 said:
MU got up to $37 right after the open
jumped inEngrAg14 said:
NVDA fighting 160 resistance if it gets through then 162/165/170 are next stopping points
and jumped out on the spike over 161.Ragoo said:jumped inEngrAg14 said:
NVDA fighting 160 resistance if it gets through then 162/165/170 are next stopping points