Speaking of MU. Micron’s monster post-earnings rally is almost gone. Traders divided on where it goes next https://www.cnbc.com/2026/06/29/mic...s-and-bears-are-positioned-in-chip-trade.html OK.......traders yes....but what do ACTUAL INVESTORS think? it would be nice if the MEDIA was not totally focused on the...TRADERS. BUT.....actual investors are BORING....and do not generate as many....CLICKS.
WELL....a big bounce for MU in the last 15 minutes today......and.....a big gain for me in my stocks today. My three losers today....MSFT, AAPL, and COST. I also beat th SP500 today in my stocks by.....0.34%. Nice to make a bit of money today. NOW......LETS DO IT AGAIN TOMORROW.
Some REALITY here for those thinking about buying MU. of course I own it as a full position. Micron Stock: Let’s Talk About Those Long-Term Contracts https://www.trefis.com/stock/mu/art...lk-about-those-long-term-contracts/2026-06-29 ....."Opportunities like Micron highlight how individual semiconductor stocks can surge dramatically during technology transitions, but they also carry concentrated exposure to industry cycles, capacity expansion, and execution risk. A disciplined portfolio approach helps smooth these risks while still participating in long-term growth themes.".....
After reading what WXYZ wrote that triggered my curiosity and decided to use Gemini AI and wrote a quick prompt: Create a table listing the 25 companies with the highest market capitalization in the S&P 500 as of today, in descending order. In the same table, add two columns: one with the current P/E ratio and the other with the forward P/E ratio. Thank you. Add the Market Cap value to the previous table, placing this information in column 3. Can you export that table to PDF? In seconds you have a list, with some interesting data to analise. Sadly I cannot add this document here but just a few notes: as WXYZ well notes a few names on that list are not expensive at all. Even if you start investing today and simply pick 10 names on this list I doubt if you will not beat SP in 6 years. Cysco (#22) PER/ F PER around 16. Caterpillar (#21) PER/ F PER around 15. Exxon Mobil (#18) PER/ F PER around 13. JPM (#13) PER/ F PER around 13. MU (#9) PER/ F PER around 18/12. etc
Let's unpack what's really happening in this stream of consciousness. The media, objectively, are morons. We don't need more data points to unequivocally prove the media, as a group, have reasonable intelligence and wield weaponized ignorance. And, clearly, something was written you don't like. Consider this: If you agreed with what the media were saying, you would be losing money. Short term trading is a redistribution of wealth. Long term, wealth can be generated but. short term, it's a shell game. Not everyone can make money in a shell game. Not everyone can break even, either. The more myopic the media becomes, the easier it is to make money for people who analyze companies and markets. If you consider my returns for the last two years, it's undeniable they wouldn't have been possible if the media were remotely accurate or truthful. The dumber the media is, the better.
BTW, Micron positioned itself for this run in the middle of 2025. I had been following them for years but didn't purchase until last summer. At this point, most of the gains have been made. I don't see a lot of upside but I do see a little upside and I like how the company is run so I'm hanging on for the short term. Micron now is like Tesla was in 2022. Sure, they could go up but they could also go down. Most of the meteoric rise has already taken place. The question of the moment is, what company will benefit most from CXL? Micron is the horse that did well in the last race. Right now, we are watching the parade to post for the next race. The data is all there... Place your bets. I know I have.
