$Micron Technology(MU)$ Last time MU's put/call ratio was at 0.45, the stock went up 250% in 3 months. The train is taking off. The daily MACD just turned green above the line. Last time it looked like this was 9/24/26, and MU was at 124. I've said 3k before 2027. All the indicators are pointing to a buy time. Buying RAM.X to hedge against strike or CCP drama. The p/c ratio just hit 0.43.
$SPDR S&P 500 ETF Trust(SPY)$ This daily chart looks similar to August, with a bullish breakout to start the month. Last month all the gains came early, followed by sideways action. The weekly upper expected move is in the 778s, which lines up with the top of the sideways channel and the upper Bollinger Band. Technicals are ticking up, and there was a bullish volume spike today. Basically, it is back in the August sideways channel.
$SPDR S&P 500 ETF Trust(SPY)$ Starting the week, the expected weekly range was 760.16 on the lower end and 778.54 on the upper end. Price initially gravitated toward the lower weekly level, but the big move over the last two days has it pushing toward the upper weekly level. At 778.54, there does look to be room for more upside in the next session if there's an effort to squeeze bears into a holiday-shortened week.
$Micron Technology(MU)$ The $Solowin Holdings(AXG)$ story has gotten a lot more serious. Bahrain's central bank granted the first stablecoin issuer license under its framework. The numbers here: $28.05M annual revenue, +895% YoY, a $350M AlloyX deal, and a stablecoin market around $308B. That is a big market to be entering.
$Micron Technology(MU)$ Dell's earnings call sounded pretty positive for MU and the AI infrastructure trade overall. They talked about accelerating AI server demand, orders, and backlog, plus a broadening customer base that now includes enterprise and sovereigns.
$Micron Technology(MU)$ Just looking at the bigger picture here. Each swing keeps getting smaller and tighter, setting up for a move back to 1500 around the final earnings report.