We’re trading Micron today

[] Micron could set up for a big move [] [] [] Micron’s After-Hours Earnings Might Make The Stock Pop Micron (MU) is set to report its second-quarter earnings today after markets close. [I’ll be trading it live with Graham in a free trading room if you want to join us at 3pm sharp](. For those not familiar with Micron, they’re a major player in the semiconductor space. Micron is one of the largest semiconductor companies in the world and specializes in memory and storage chips. Its primary revenue stream comes from dynamic random-access memory (DRAM). They also serve a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. Micron has huge potential — as does any stock in this sector right now — but it’s lagging far behind the king of semiconductors since early 2023… [] But today I think we could see a pop that attempts to close some of that gap. Last quarter, Micron beat analysts' revenue expectations by 8.8%... Over the following week, shares surged as high as 8.5%, but it wasn’t just the beat that was impressive: The company's revenue climbed 57.7% compared to the year prior — that’s some serious growth. Now, COVID was great for Micron… But in the second half of 2022 and all of 2023 Micron saw shrinking revenue. But as we saw from this past quarter, the tides are turning. Analysts are expecting Micron’s revenue to grow 77.9% year-over-year to $6.67 billion. That’s a staunch reversal from the 56.6% decrease in revenue it recorded in the same quarter last year. Take a look at Micron’s revenue back to 2019: [] You can see the 2022 and 2023 dip in revenue along with the recent revenue growth MU has been experiencing. But here’s something really interesting… Wall Street Analysts covering Micron have reconfirmed their estimates over the last month, and suggest that the business will stay its great course heading into earnings. However, Micron has missed Wall Street's revenue estimates four times over the last two years… That gives us a hit rate of right at 50%... A coin flip essentially. And I can tell many traders feel that way as well: [] As you can see, there's a ton of options action on Micron, but it’s quite a mixed bag of bearish and bullish positions. But as I’ve shared before, I'm a momentum guy and Micron has some serious momentum heading into this earnings season. The stock is already up 66% this year and analysts are expecting that trend to continue… So I am pretty biased to the upside on MU as we trade it today, but I’ll share a little hedge technique [during the class as well](. Graham and I will be trading Micron’s earnings live today @ 3pm for free and we will be sharing our accounts and real trades so you can follow along if you'd like. Please click here to register. Hopefully, we get a result as beautiful as Nvidia was during our last live room! — Nate Tucci [] Micron’s After-Hours Earnings Might Make The Stock Pop Micron (MU) is set to report its second-quarter earnings today after markets close. [I’ll be trading it live with Graham in a free trading room if you want to join us at 3pm sharp](. For those not familiar with Micron, they’re a major player in the semiconductor space. Micron is one of the largest semiconductor companies in the world and specializes in memory and storage chips. Its primary revenue stream comes from dynamic random-access memory (DRAM). They also serve a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. Micron has huge potential — as does any stock in this sector right now — but it’s lagging far behind the king of semiconductors since early 2023… [] But today I think we could see a pop that attempts to close some of that gap. Last quarter, Micron beat analysts' revenue expectations by 8.8%... Over the following week, shares surged as high as 8.5%, but it wasn’t just the beat that was impressive: The company's revenue climbed 57.7% compared to the year prior — that’s some serious growth. Now, COVID was great for Micron… But in the second half of 2022 and all of 2023 Micron saw shrinking revenue. But as we saw from this past quarter, the tides are turning. Analysts are expecting Micron’s revenue to grow 77.9% year-over-year to $6.67 billion. That’s a staunch reversal from the 56.6% decrease in revenue it recorded in the same quarter last year. Take a look at Micron’s revenue back to 2019: [] You can see the 2022 and 2023 dip in revenue along with the recent revenue growth MU has been experiencing. But here’s something really interesting… Wall Street Analysts covering Micron have reconfirmed their estimates over the last month, and suggest that the business will stay its great course heading into earnings. However, Micron has missed Wall Street's revenue estimates four times over the last two years… That gives us a hit rate of right at 50%... A coin flip essentially. And I can tell many traders feel that way as well: [] As you can see, there's a ton of options action on Micron, but it’s quite a mixed bag of bearish and bullish positions. But as I’ve shared before, I'm a momentum guy and Micron has some serious momentum heading into this earnings season. The stock is already up 66% this year and analysts are expecting that trend to continue… So I am pretty biased to the upside on MU as we trade it today, but I’ll share a little hedge technique [during the class as well](. Graham and I will be trading Micron’s earnings live today @ 3pm for free and we will be sharing our accounts and real trades so you can follow along if you'd like. Please click here to register. Hopefully, we get a result as beautiful as Nvidia was during our last live room! — Nate Tucci [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](