$SNDKB 1336, down five percent today. Closed at the low.
It wasn't anything SanDisk did itself. Google spent $51.3 billion on equipment in the third quarter, over $4 billion less than expected. Micron, Western Digital, and Seagate all fell in response, with SanDisk taking the biggest hit. Nvidia $NVDAB fell less than two percent, while Bitcoin $BTC was basically flat.
The money hasn't disappeared; it's just been pushed out to 2027. But SanDisk's current share price is based on this quarter's orders. It doesn't factor in next year's orders at all.
To me, the key isn't how much it fell—it's 1331. Buyers stepped in there twice today.
Earnings are actually due in four hours, and options are pricing in an eight-percent move. Hold above 1331 and 1404 is in sight; if it breaks below and can't recover, watch 1270.
I'm not guessing ahead of earnings. We don't know whether that $4 billion was cut or just pushed back. Keep an eye on 1331. Are you still holding any memory stocks?
#股票财报季 #USStocks
It wasn't anything SanDisk did itself. Google spent $51.3 billion on equipment in the third quarter, over $4 billion less than expected. Micron, Western Digital, and Seagate all fell in response, with SanDisk taking the biggest hit. Nvidia $NVDAB fell less than two percent, while Bitcoin $BTC was basically flat.
The money hasn't disappeared; it's just been pushed out to 2027. But SanDisk's current share price is based on this quarter's orders. It doesn't factor in next year's orders at all.
To me, the key isn't how much it fell—it's 1331. Buyers stepped in there twice today.
Earnings are actually due in four hours, and options are pricing in an eight-percent move. Hold above 1331 and 1404 is in sight; if it breaks below and can't recover, watch 1270.
I'm not guessing ahead of earnings. We don't know whether that $4 billion was cut or just pushed back. Keep an eye on 1331. Are you still holding any memory stocks?
#股票财报季 #USStocks
