Memory stocks getting wrecked today.
Samsung tanked -9% after their buyback plan flopped. Market wanted aggression, got nothing. That fear bled straight into the entire memory sector:
$MU -6.6%
$SNDK -10.71%
$SKHY -7%
$NVDA -2.24%
Profit-taking after the recent pump + everyone repositioning before $NVDA earnings Wednesday.
If you're long memory plays, this week decides if you're early or just wrong.
Samsung tanked -9% after their buyback plan flopped. Market wanted aggression, got nothing. That fear bled straight into the entire memory sector:
$MU -6.6%
$SNDK -10.71%
$SKHY -7%
$NVDA -2.24%
Profit-taking after the recent pump + everyone repositioning before $NVDA earnings Wednesday.
If you're long memory plays, this week decides if you're early or just wrong.
