Micron MU Earnings Report 12-18-19
MU Micron Technology Inc Before Earnings 12-17-19
Tape Reading the Stock Market | Jesse Livermore
Tape reading is not as popular as it was in the old days. Computers have taken care of that.
Savvy traders have adapted and are skillfully implementing tape reading in a much different way today. Chart reading is one method. Another technique is interpreting news and volume traded off the news.
When I say the old days, I am referring to 2007. This is when the NYSE expanded to allow increased amounts of electronic trading. (More on this at the end of the article)
Micron stock climbs to highest price in more than a year as memory-chip optimism swells
Micron MU, +0.11% shares closed up 0.1% at $53 Tuesday, after touching an intraday high of $54. Shares hit a 52-week high of $54.30 on Monday, their highest price since July 27, 2018, weeks after shares hit their highest price since the dot-com bust.
For the year, Micron shares are up 67%, with the bulk of that growth coming in the past six months.
This week’s rise has coincided with optimistic analyst previews of Micron’s fiscal first-quarter earnings report, which is scheduled to drop after the close of trading Wednesday.
marketwatch.com/micron-mu-earnings-report
The Big Hole In The China Trade Agreement
There's something missing from the “Phase One” trade agreement with China, announced Friday. And it's something critically important. Yet, Larry Kudlow, President Trump's director of the National Economic Council, appeared not to know about it afterwards.
zerohedge.com/big-hole-china-trade-agreement
The Bull Market Almost No One Saw Coming
Hedge your holdings. Stay defensive. Figure out a risk tolerance and don’t buy anything that keeps you up at night. All the investment advice at the tail end of the financial crisis came with a huge dollop of caution.
bloomberg.com/bull-market-surprise
WeWork arranges $1.75 billion credit line with Goldman Sachs
cnbc.com/wework-credit-line
