
SPACE MANIA ADDS TO SEMI AND OPTIONS MANIA, MICRON GAMMA SQUEEZE, S&P 500 8K MAGNET BUT WEAK UNDER SURFACE
By Nigam Arora

To gain an edge, this is what you need to know today.
Weak Under Surface
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.
- Micron is important because it is the poster child for the current semi and options manias.
- The chart shows MU stock is approaching the magnet we previously provided to members of The Arora Report in advance.
- RSI on the chart shows there is more room for MU stock to run.