🚨 $MUB COULD BE THE EARNINGS PRINT TO WATCH THIS WEEK
Memory is already one of the market’s favorite trades.
But here’s what’s interesting:
📌 Positioning doesn’t look excessively crowded despite the recent rebound.
📌 Options are sending a similar signal.
📌 And the biggest question may be what management says about memory pricing.
For this print, I’m watching 2 things closely:
1️⃣ Buyback: Expected to start in December
2️⃣ Pricing outlook: Does management see memory prices continuing higher?
The market appears to be pricing in a much flatter memory curve from here.
I think that may be too conservative. 👀
Recent channel checks continue to point toward further DRAM + SSD price increases, with sequential pricing momentum still intact.
That creates the key setup:
📈 Market expectations vs. actual pricing momentum
If management confirms continued pricing strength, the market may have to rethink just how strong the memory cycle can become.
$MUB earnings could be a major test for the entire memory trade.
What are you watching going into the print? 👇
#MUB #Earnings #EarningsSeason #Semiconductors #Memory #DRAM #SSD #AI #Stocks
Memory is already one of the market’s favorite trades.
But here’s what’s interesting:
📌 Positioning doesn’t look excessively crowded despite the recent rebound.
📌 Options are sending a similar signal.
📌 And the biggest question may be what management says about memory pricing.
For this print, I’m watching 2 things closely:
1️⃣ Buyback: Expected to start in December
2️⃣ Pricing outlook: Does management see memory prices continuing higher?
The market appears to be pricing in a much flatter memory curve from here.
I think that may be too conservative. 👀
Recent channel checks continue to point toward further DRAM + SSD price increases, with sequential pricing momentum still intact.
That creates the key setup:
📈 Market expectations vs. actual pricing momentum
If management confirms continued pricing strength, the market may have to rethink just how strong the memory cycle can become.
$MUB earnings could be a major test for the entire memory trade.
What are you watching going into the print? 👇
#MUB #Earnings #EarningsSeason #Semiconductors #Memory #DRAM #SSD #AI #Stocks
