March 18, 2026

By Nigam Arora

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

Hotter Inflation

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

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of MU stock is being used to illustrate the point.
• The chart shows MU stock has broken out of zone 1 (support).
• The chart shows MU stock has gone parabolic for the second time since late 2025.
• The chart shows that the trendline this time has a much steeper slope than the prior trendline.  The reason is that unlike Nvidia (NVDA), MU stock has not been over-owned, and late comers in the momo crowd are super aggressively buying MU stock.