Micron $MU - '𝘐 𝘩𝘢𝘷𝘦 𝘱𝘭𝘢𝘺𝘦𝘥 𝘵𝘩𝘦𝘴𝘦 𝘨𝘢𝘮𝘦𝘴 𝘣𝘦𝘧𝘰𝘳𝘦!!' After popular demand in my mentions amidst all the memory noise, let's do an update on where memory is as we continue to follow exactly with our blueprint from last year: 💡 Around $1,100 I had mentioned memory was still cheap fundamentally, but owning* memory had become historically expensive. What did I mean by that? It's fairly simple. -- Fundamental story for memory is not changing. -- The same fundamental story which drove memory to record highs is still going to be the driving factor behind more record highs next year. However, as someone who expertises in aligning fundamentals and technicals along with quantitative positioning, options market was waving a red flag in memory ownership. Both, IV and Call Skew were trading at record highs, which more often than not, signal stagnant price action moving forward. -- The sell off in summer? Not a sell off at all. -- What we saw happen in Summer was no different what we saw earlier this year in March. The same level of selling pressure has been seen before, and that same level of selling pressure created the next big moment for memory. Long story short, take exactly what happened in March, and elongate that price action by an extra quarter in between. I would not anticipate for memory to keep doubling per quarter like our prior forecasts at Feroce Research were. Instead, I expect memory to double every other quarter from here on out. Something which I discussed in the quoted post ahead of time during peak fomo back in early June. -- Attractive once again. -- Option markets are starting to price in memory at attractive prices once again which brings up another unique opportunity to build exposure in memory yet again. Memory simply had to become range bound in order to bring fear mongering posts out. That is quite literally the point of bringing IV and Call Skew back to regular levels. It does not require a sell off event. It only requires a choppy price action which throws off both sides. -- Price levels? -- As long as Micron can continue to trade above 830s, expect the market to build as much exposure as possible on memory. A floor of $890-900? You are almost guaranteed to start the fresh uptrend which would welcome $1,830s by sometime Q1 of 2027. Keep it simple. Everything happening right now is everything we have discussed months in advance.

We’re at disbelief btw $ALAB $PENG $MRVL

bro who is telling cramer about BlackBerry????? just when I thought $BB was the ultra slept on play for software

Where do you think we are on the memory pooling basket? Retimer + CXL based names all look very identical in recent weeks $ALAB - Astera Labs $MRVL - Marvell $PENG - Penguin Solutions

approaching 95% capital invested

Would be funny to see if software $IGV breaks out into new ATHs and everyone talks about how 'overvalued' cybersec and cloud names continue to defy all odds $DDOG $CRWD $NOW $BB $PANW

Fiscal easing and critical mineral edge that Brazil holds in current times is not going to magically disappear on election results In fact, Lula's terms have actually been net positive for $EWZ and that's all that matters in this case Brazil is a bet on optimism vs any other global EM. Not a bet on who was going to become their president contrary to any short term price action volatility

being bearish on memory means you're rooting for your semis investments to fail so choose wisely on how you speak about memory, as memory is the backbone of the entire tech market, friend 🙂 $SMH $DRAM

big mistake if you’re losing bullishness towards micron $mu here if there’s one industry which I know, atleast I know memory

I love $NBIS but this is a great take. $BE rides the same compute demand wave as neoclouds with none of the long term economic question marks. I am bullish $NBIS but otherwise I would rather just own $BE and ride the rising tide.

Bloom Energy is a better compute/energy play than any neocloud out there If your belief is that we simply do not have enough compute to power the growth of AI, you are likely to see more success through $BE moving forward versus a basket of neoclouds Same reasoning behind both baskets, but vastly different investor confidence between both

Yes Brazil fell 20%, but brazil also ran 15% just before, keeping it just -6% for the month and trading at the same prices as it did the last 4 months. EM's are notorious for being illiquid and large ranged. Unless your book is based off a quick trade that you put in on an elections bet, Brazil continues to showcase a strong investment opportunity as it continues to hold up well. Lula or not, Brazil's optimistic approach towards fiscal easing and rate cuts remains a solid trend to bet towards when compared to many global markets out there $EWZ $NU $MELI

Micron has been the strongest holding memory stock over the past 6 weeks If $DRAM does bottom here, we might see $MU go on one of its strongest leadership moves yet All eyes on the South Korean earnings this week to do their part

If agentic ai really does keep growing faster than expectations as elon says according to Micron, the biggest wave in memory demand is actually yet to come — 30x jump higher than the demand we’ve seen through training and inference so far $MU $DRAM

working on my latte art during my free time I present to you: stepped on leaf

$BB is indeed a cybersecurity play and it’s the strongest cybersecurity play at the embedded edge, in an era of edge ai . That’s exactly why even $nvda uses them when safety matters finance.yahoo.com/markets/st…

in case you’re wondering, the biggest backbones to $QQQ pushing to new highs would be Micron and Nvidia Both set ups lingering just shy of ATHs, and if ignite, that’s the 30w EMA retest that NASDAQ just had today $NVDA $MU

NASDAQ leading the way today Only one day worth of action, but at a very notable time has $QQQ gone back to taking charge

Food for thought into the weekend $QQQ $SPX $DXY