MU – The Cheap Investor

What is the Micron Price Action Telling Us?

The Cheap Investor3 years ago04 mins

Semiconductors are coming off their worst week since January. Micron (MU) earnings was a key reason why the group was under intense pressure. MU posted a decent third quarter as results were in line with expectations. The problem was with the guidance. The company forecast revenue of approximately $7.2 billion for Q4 (Aug). This was…

The Week Ahead: Can the Bulls Hold Serve?

The Cheap Investor3 years ago011 mins

Last week, the bulls were finally able to establish an advantage. Extreme levels of bearish sentiment suggested that most sellers already left the building. Buyer climbed out from under their desk and started to nibble. This week will be important for bulls to hold these gains. There are a few key factors with regards to…