Investment Strategies / Mechanical Investing
No. of Recommendations: 1
S&P 500 falls on global chip rout with Nasdaq off more than 1%, led by Micron: Live updates
The S&P 500 was lower on Tuesday as a tech sell-off that began during the prior session picked up steam overnight, with global markets in Asia routed as memory chip-related shares tumbled.
The broad market index fell 0.8%, while the Nasdaq Composite slid 1.2%. The Dow Jones Industrial Average traded around the flatline.https://www.cnbc.com/2026/06/22/stock-market-today...Steve
No. of Recommendations: 3
As I write this post, the DOW is in the green and the Nasdaq is down 1.8%. Just noise.
I see a bubble but I don’t see any bursting.
No. of Recommendations: 0
Does this mean that solid state memory drives prices will be dropping?
No. of Recommendations: 1
Does this mean that solid state memory drives prices will be dropping?
Remember 99-2000? Supposedly, there was a semiconductor "shortage". Prices and margins soared. Everyone built new fabs like crazy. When the new fabs came on line, prices and margins collapsed. I used to hold Sandisk. You could see their stock price track the "shortage" and "glut" cycles. I remember the day after Thanksgiving of 2000. I had the day off from work, so was home, with bubblevision on. Bubblevision announced that Broadcom had just issued a warning. I ran to the phone, called the human broker I had not fired yet, and sold my Broadcom. Over the next month, I sold every other tech stock I had.
Steve
No. of Recommendations: 2
Over the past 6 months, Micron is up almost 300%.
I only know this because my wife flagged it last night. I don't track Micron. I think I could handle a 1% sell-off if I were up 300%. :-)
On a more serious note, I agree with someone else on this board that I invest forever until the thesis changes. Market goes up, it goes down, and sometimes it 'bubbles'. Since I cannot predict the future with any reliability, I don't pay much attention. Sure, I leave money on the table...in hindsight. In the moment, I couldn't have predicted it. I buy what I think are good companies, and I sit on them for years. Not flashy, but it seems to work.
