$SanDisk Corp.(SNDK)$ SNDK has generally moved up more than Micron, but right now it seems to be going the opposite way, which is widening the percentage gap between the two. Feels like SNDK needs to catch up a bit here.
$Invesco QQQ(QQQ)$ $SanDisk Corp.(SNDK)$ I'm going all in on SNDK. The DRAM space looks strong, and the SMH ETF is holding up well. SNDK also tends to have a solid run-up on Fridays.
$SanDisk Corp.(SNDK)$ A nice spike in shares might be coming soon. There should be some serious buying pressure when Sandisk gets added to the MSCI World 100, since index followers will be in the market adding shares. I think we test $1700.
$SanDisk Corp.(SNDK)$ Tom Lee said in a live interview that the S&P 500 will reach or exceed 8200, with the close at 7667. I've always felt Lee sets the standard for financial honesty, and he's always right. So it seems like a big Wall Street uplift could be coming within two weeks or less.
SNDK.$1,650 on Friday. Joining the S&P 100 on September 21. Expect major buying as funds rebalance. Imagine being short while management announces a $10 billion share repurchase plan every quarter for the next three years.
$SanDisk Corp.(SNDK)$ A 2% dip on 5-6M volume. This doesn't look like real selling, more like capitulation without much conviction behind it. Feels like weak retail hands getting shaken out ahead of the Fed meeting, and I don't see any wall of institutional money driving the move down. Easy flip if you have dry powder.