Dark pool flow ahead of $MU earnings Wednesday: institutional money is selling, not building. $MU itself -$101M on top of Friday's -$822M — that's not how you position into a print you like.
$SPY -$274M, fourth straight session of selling. $NVDA -$88M, seventh consecutive sell (series record). $META -$55M, sold. The broad market and mega-cap semis are being unloaded.
But $QQQ +$233M — the only index bought — while Nasdaq dropped -0.92%. And $AMD +$40M, the only semi getting bought while $NVDA and $MU get sold. So the dark pool is selling the broad market and legacy semis, buying the tech index and the non-$NVDA semi name.
That's a rotation, not a setup. Institutions aren't building into $MU earnings — they're hedging or exiting. If you're long semis into Wednesday, you're betting against the flow.
$SPY -$274M, fourth straight session of selling. $NVDA -$88M, seventh consecutive sell (series record). $META -$55M, sold. The broad market and mega-cap semis are being unloaded.
But $QQQ +$233M — the only index bought — while Nasdaq dropped -0.92%. And $AMD +$40M, the only semi getting bought while $NVDA and $MU get sold. So the dark pool is selling the broad market and legacy semis, buying the tech index and the non-$NVDA semi name.
That's a rotation, not a setup. Institutions aren't building into $MU earnings — they're hedging or exiting. If you're long semis into Wednesday, you're betting against the flow.
