$SanDisk Corp.(SNDK)$ 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.

$Advanced Micro Devices(AMD)$ $Micron Technology(MU)$ $Marvell Technology(MRVL)$ Seems like a strong day pretty much across the board.

$Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ Technical indicators are starting to improve as KOSPI begins showing signs of life again after that brutal leverage wipeout last month. MACD made a bullish convergence on Aug 3. RSI rebounded from 31 to 47. Price is back above the 20 MA, which is the midpoint in Bollinger Bands, and it's trying to reach the upper band. $SK hynix(SKHY)$  $Micron Technology(MU)$  $SanDisk Corp.(SNDK)$  DRAM.X

$Micron Technology(MU)$  Burry is getting burned on both his shorts and longs, and it probably won't be long before the same thing happens here.

$Micron Technology(MU)$  $SanDisk Corp.(SNDK)$ $Invesco QQQ(QQQ)$ Looking at Micron's price action, it bounced off the 61.8% Fibonacci retracement level measured from its recent high of $1255 down to the April 7th low. The initial rebound from $705 was a 33% move up to $933. Since then, profit taking and consolidation have pulled it back to $848, which is still 20% above the $705 low. Despite how bearish the chart might look at first glance, Micron is still in a bullish consolidation. To really break the bullish retracement setup, the stock would need to drop all the way back to $705. And by pretty much every chart book

$Micron Technology(MU)$  I get the feeling the next report that comes out will probably highlight how unreliable Chinese chips are.

$SPDR S&P 500 ETF Trust(SPY)$ Trump mentioned that the mines in the strait have been cleared. Could drive the market to an all-time high.

$SPDR S&P 500 ETF Trust(SPY)$ There's a pretty clear falling wedge forming on the daily chart. Volume is basically nonexistent. The final hour of trading has been quiet so far, but sometimes those are the sessions where things actually start moving.

$Micron Technology(MU)$  UBS is pointing to higher memory pricing as a factor that strengthens Micron Technology's earnings outlook.

$Rocket Lab USA, Inc.(RKLB)$ Up 1,156% over 3 years compared to $SPDR S&P 500 ETF Trust(SPY)$ 's 78%. Numbers like that don't come without taking on real volatility along the way. That chart has had multiple 30%+ drawdowns baked into the climb. The return is real, and so is the ride.

A few names on my radar right now. $Broadcom(AVGO)$  is breaking out of a daily and weekly flag. I'm watching for strength above $430 to target $450 on calls, with $472 as the key gap-fill area. The setup looks solid if momentum keeps going. $Micron Technology(MU)$  is still holding below daily trendline resistance. $930+ would be the trigger for calls toward $950+. The consolidation looks ready to resolve higher, and I'm watching call flow closely. $IBM(IBM)$  is bouncing from the $200 support zone. Calls above $240 could target $250 to $275 if momentum holds. $Palo Alto Networks(PANW)$  is in a strong

$MannKind(MNKD)$ Mannkind's first 200,000,000 in profit from its scPharma division will be tax-free. That is a meaningful tailwind to have going forward.

$Micron Technology(MU)$ Memory stocks seem to be stirring up a lot of debate lately, with some pretty opinionated takes on names like MU, SK Hynix, and SanDisk. Honestly, both sides can make valid points here. I'm still long memory. The near-term opportunity might just be a chance to build positions at better prices, with the understanding that growth isn't going to keep running at over 500% year-to-date. That kind of pullback is actually healthy. AI infrastructure bottlenecks rotate. Memory had its moment in the spotlight, and now photonics is getting attention again. That doesn't mean memory is finished, and I wouldn't be shorting any of these names either. A more measured memory cycle with steady compounding is probably better for the broade

$Micron Technology(MU)$  I think the "memory peak" call is early. MU mentioned 100% of its 2026 HBM4 is already sold out, while customers are only getting around 60-70% of what they requested. TrendForce still sees DRAM staying tight through 2027. On top of that, there was reportedly around $6B of Korean chip selling forced by leveraged ETFs. MU, SNDK, SKHYV. Price weakness isn't the same as demand weakness. Even if NVDA ends up trimming Rubin Ultra from 12-Hi to 8-Hi HBM to stretch limited supply across more GPUs, that doesn't suggest AI demand is slowing down. More accelerators still point to more scale-out connectivity. That's bullish for AAOI, LITE, COHR. From where I stand, this looks like rotation and forced

$Palantir Technologies Inc.(PLTR)$ Believe it or not, the float is drying up. $SPDR S&P 500 ETF Trust(SPY)$  $Apple(AAPL)$  iPhone 1. $Micron Technology(MU)$  and $SanDisk Corp.(SNDK)$  in January.

$Micron Technology(MU)$ Glad I added on that dip around 700. It pushed my average up quite a bit, but the position is still up five figures.

$SanDisk Corp.(SNDK)$ $Micron Technology(MU)$ From the SNDK earnings call, one of the more interesting dynamics mentioned was that some of their biggest customers are already coming back wanting more, just based on what they thought they needed three months ago.

$SanDisk Corp.(SNDK)$ $Micron Technology(MU)$  From the SNDK earnings call — they mentioned demand from customers is growing faster than supply. They expect bids to stay on allocation beyond calendar year 2027. For the first quarter of fiscal 2027, they guided revenue between 10.3 and $10.8 billion, with sequential growth driven by both bid growth and higher pricing.

The relationship between stocks and bonds has completely flipped. The 90-day correlation between the 10Y Treasury Yield and the S&P 500 is now at -0.48, its most negative reading since 1999. That means rising Treasury yields have recently been tied to weaker stock performance, while falling yields have helped equities. The current reading is even more negative than the 2022 bear market low of -0.42. For context, before the 2020 pandemic, the correlation was positive for over a decade, with Treasury yields and equities often rising together as higher yields reflected stronger economic growth. Right now, the negative correlation suggests investors are treating higher yields less as a sign of economic strength and more as a result of inflation uncertainty and fiscal concerns.

$Micron Technology(MU)$  Looking at the 3-month chart, you can see pressure building at the bottom. It looks like it could explode like a volcano.