Taking a hard look at the actual numbers on $Micron Technology(MU)$ after it wrapped up the session at 975.56. The massive run-up we saw through the middle of June has completely retraced, which leaves us with a highly volatile setup. My plan from here is completely straightforward. On the upside, buyers have to actively reclaim and hold a spot above 1032 to prove that a real recovery is starting. On the downside, my line in the sand is the major support shelf at $950. If the stock drops and stays below 950, the immediate bullish case is completely broken and I am cutting active positions to protect my capital. Keep it simple and CHECKİNG $SPDR S&P 500 ETF Trust(SPY)$ $Vanguard S&P 500 ETF(VOO)$ $Invesco QQQ(QQQ)$ 
Two-Thirds of Next Year's Capacity Already Sold — Who's Still Shorting Memory?
Memory led Tuesday's rally as the Nasdaq closed at a record: SanDisk +6.82% to $1,887.04, Micron +5.00% to $1,096.16, SK Hynix +3.45% to $195.37. Rosenblatt started SanDisk at Buy, target $2,400, and about two-thirds of its next-year capacity is already contracted; Bernstein puts Samsung's Q3 HBM revenue up 72% QoQ. Bears had their own headlines: Michael Burry added to his Micron short on Acer's supply warning, and Micron's $25B Taiwan fab faces a possible strike — the stock rose anyway. Selling next year's capacity now: locking in profit, or borrowing from the upside?
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