September defied its usual bearish trend with the Nasdaq-100 reaching new highs and the S&P 500 nearing its peak. The upcoming PCE inflation report is expected to cause market volatility, presenting a tactical opportunity to buy on dips. The strategy includes holding cash, using selective hedges with TQQQ/SQQQ options, and trimming positions like Micron Technology ahead of potential sell-the-news reactions. The outlook remains bullish for year-end with plans to accumulate gold-related stocks and expand consumer experience investments.
Micron Technology (MU) trades at USD 1,069.27 with a slight 0.24% decline, while the leveraged ETF TQQQ is down 0.34% at USD 78.39 as of Sep 28, 2026 09:21 WIB on Pluang. The inverse ETF SQQQ shows a modest gain of 0.38% at USD 34.27, reflecting cautious positioning ahead of the PCE inflation data. Gold miners ETF GDX fell 3.17% to USD 90.59, indicating some risk-off sentiment in the market.
In 1980, J.R. Simplot, known as Idaho's 'French Fry King,' invested $1 million for a 40% stake in Micron Technology, then a struggling startup operating out of a Boise dentist's basement. Today, Micron's market value exceeds $1.2 trillion, making tha...
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Tech sector sentiment is dominated by AI safety concerns and rising supply chain inflation, especially in memory components, causing demand declines in PCs and smartphones. Despite these challenges, the market remains more driven by greed than fear a...
Micron Technology's stock fell sharply after a strong Q3 earnings beat, but Wall Street analysts remain bullish, seeing about 40% upside. The company benefits from a booming AI memory market, with $100 billion in long-term contracts securing future r...
Rosenblatt analyst Kevin Cassidy reiterated a Buy rating on Micron with a $1,500 price target, highlighting upcoming strategic customer agreements, rising memory prices, and potential stock buybacks as key growth drivers. Despite concerns about earni...
