Last night whilst working night shift at Macdonalds, I opened my brokerage app and saw a sea of red. I immediately called my ex-boss at Wendy's and begged to have my day job back. My ex-colleagues at Wendy's welcoming me back this morning. 😭😭😭
SK Hynix Gains 4.7% — Did JPMorgan Just Add Memory to Its Beneficiary List?
Memory bounced Tuesday — SK Hynix +4.70%, SanDisk +2.68%, Micron +0.87%, SOXL +2.31% — taking back part of the post-earnings slide. The trigger was sell-side positioning: JPMorgan said Nvidia's cycle strength is broadening past logic into the memory chain, naming six beneficiaries. Unresolved: how long new Chinese capacity and long-term contract pricing can hold. Upstream keeps confirming while the prices keep swinging — what is the market still waiting on?
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