Had a solid $SPDR S&P 500 ETF Trust(SPY)$ day. One trade covered a truckload of lumber. Need to get more tomorrow, so I'll probably have to trade it again to pay for it.
$Micron Technology(MU)$ Chart update. The EMA wave is in sync, and price action is showing room for more if momentum continues. A break above $1,105.50 puts $1,254.81 fully into play. Earnings are behind us now, so it's back to reading the chart and letting price do the talking.
AI hardware should pay back 10x in about 2 years. Memory only accounts for roughly 15% of the cost of systems installed today. Agentic AI like Grok Bot, Meta Muse, and OpenAI dots could push compute demand up 100x within a year. All reserved 8x h100, h200, b200, and b300 systems are sold out on vast globally. H200 rates are now 4.5x what they were 9 months ago, if you can even get allocation. If $SK hynix(SKHY)$ , $Micron Technology(MU)$ , and Samsung charged 10x current memory prices, $NVIDIA(NVDA)$ and others would still buy RDIMM, NAND, and HBM. $Micron Technology(MU)$ was modest. OpenAI was bad with
$Robinhood(HOOD)$ The Treasury announced they are auto-enrolling 61 million kids in the Trump Account. The app behind it looks similar to Robinhood's, and the Robinhood logo appears every time they open it. With grandparents and parents handing off their fortunes to their kids and grandkids, an estimated $11 trillion is expected to shift over the next decade. Robinhood could be their choice for brokerage, banking, credit card, and social media with Robinhood Social. It is positioned as a finance platform for all things. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Micron Technology(MU)$ BTC.X
$SPDR S&P 500 ETF Trust(SPY)$ $Eversource(ES)$ Bullish divergence = green dot. Exhaustion = yellow dots. Flush = purple dot. Pros = white candles. 30 EMA = red line. 50 EMA = green line. 100 EMA = yellow line. 200 EMA = aqua line. Most recent 3 timestamped lines: Pro triggered bullish divergence near the lows. Higher low flush. Support discovery at session low is a 100 EMA breakout over $7732.25 and 200 EMA breakout threat over $7735.50.