March 29, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Glimmers Of Hope

Please click here for a chart of Micron stock (MU).

Note the following:

• The Morning Capsule is about the big picture and not individual stocks.  The chart of Micron stock is being used to illustrate the bigger point.
• We have often shared with you that semiconductors are a leading sector.  Semiconductors often move before the rest of the stock market.  Within semiconductors, Micron is a bellwether as it is the largest semiconductor memory manufacturer in the country.
• During the pandemic, when the momo crowd was running up semiconductor stocks without understanding how the industry worked, we provided you with an edge by repeatedly sharing with you that a common practice in the industry was double and triple ordering.