I ignore that post because it is off topic, should have posted in s&p and nasdaq thread.
The challenge was against Jim Cramer , but not about S&P.
While talking to @Jil MU bounced up strongly without touching $36 
My GTC BTO calls didn’t get triggered, obviously 
purchase price is too low. Hopefully better luck Monday. I don’t share @jil bearish view, MU price behavior is bullish, refer to chart posted 1 days ago.
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• Nvidia (NASDAQ:NVDA) is nearing a deal to acquire Mellanox (NASDAQ:MLNX) for more than $7B, according to Bloomberg and CNBC sources.
• The sale could be announced as soon as tomorrow and Nvidia is the leading bidder of a pack that also includes Intel (NASDAQ:INTC).
• Mellanox has a market value of about $5.9B.
• Why Nvidia? Mellanox chips power high-speed networks connecting servers and would help Nvidia boost its chipmaking for data centers at a financially vulnerable time thanks to China weakness and the cryptocurrency mining bubble burst.
• Also benefitting: Activist investor Starboard Value, which is a Mellanox shareholder and last year reached a board member agreement with the company.
Trade options 
In 6 calendar days (4 trading days), $1657 became $3953. Gain 139%. Easily afford an iPhone XSmax
For the same period, option trading portfolio +12% 
About 600% a year. Wasn’t even aggressive.
Bought?
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Yup. Bought. Back into amd as well. WS is still badmouthing micron. The latest is Wells Fargo.
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NVDA broke above the cloud >> in up trend. However, I don’t like the decreasing volume so I STC the calls as they can quickly become worthless
Barron wants us to hold MU through earnings Mar 20 Wed, comply or defy?
Wall Street is trying very hard to kick micron down:
• Morgan Stanley thinks Micron (MU +0.7%) will report a “tough” Q2 this week and the print could diminish optimism that DRAM memory chips will see a recovery in H2.
• Analyst Joseph Moore says he’s surprised Micron didn’t preannounce and that it isn’t a question of how bad things are in the short term but rather “how long conditions will continue to deteriorate.”
• Moore doesn’t expect “definitive answers” in the report, but the firm continues to see “discouraging lead indicators.”
• Morgan Stanley maintains an Equal-Weight rating on Micron with a $33 PT.
• Micron will report on March 20. Consensus estimates have revenue at $5.85B with EPS of $1.68.
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MS analyst is “surprised” Micron didn’t preannounce bad news. Haha. Never seen that one before.
Barron/WSJ vs Morgan Stanley, who to believe?
Buy ‘Cheap’ Micron (MU) Stock Before Earnings, Despite Chip Price Worries?
Micron Investors Prepare to Learn the Latest
Will Falling Chip Prices Thwart Micron’s (MU) Q2 Earnings?
Call(Mar 22 $41) is heavily traded.
MU earnings: Beat WS reduced estimates and slightly below previous estimates. AH hardly changed.
Micron beats second quarter revenue expectations
Micron Shares Rise as Memory Chipmaker Beats Estimates
Micron stock ticks higher as results top lowered Wall Street expectations
40 mins later…
Magic words from Sanjay,
Chief Executive Sanjay Mehrotra said on the call he will idle 5% of DRAM and NAND “wafer starts” while waiting for expected data-center growth to resume in the second half of 2019.
“In response to near-term industry conditions, we are taking decisive action to reduce our supply growth to be consistent with industry demand,” Mehrotra said in the call. “At the same time we continue to invest and execute against our strategic priorities to reduce costs and increase the mix of high-value solutions in our portfolio.”
Micron Technology (MU) Q2 2019 Earnings Conference Call Transcript
@Jil Another small win Pure technical play 
@manch Barron is correct, MS is wrong.
Those guys make 2x, didn’t follow them 
After 4 days (6 calendar days) of pull back, MU is at $39 Time to BTFD?
Is Micron (MU) Stock a Buy? Deutsche Bank Says Yes
Micron Stock Is Tanking, but Could Soon Bottom Out
Price Declines Are Normal for Micron
Edit:
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Where Chip Stock Investors Should Focus Now After the Sector’s Big Rally
… this might be a good time for chip stock investors to pare their exposure to higher-multiple names that have less of a margin for error in the event that a recovery doesn’t go exactly as planned and/or some company-specific pressures emerge. Xilinx, which now trades for 34 times its expected fiscal 2020 (ends in March 2020) EPS consensus, and Cree, which now trades for 33 times its fiscal 2021 (ends in June 2021) EPS consensus, are two examples of firms that now don’t have much of a margin for error.
Sell @manch XLNX. No advice on what to do with MU which is the only chip stock I have
According to Bret of InvestorPlace,
Micron has been putting in a series of higher lows and bobbing along the 50-day moving average and uptrend support. Short of some unexpected bad news, bulls will likely pounce on this area again should MU stock pullback.
A push over resistance can propel MU up to $46.60, the 50% retracement for the 52-week range. Above that and $50+ is eventually possible. If the 50-day and uptrend support give way, bulls will need to wait for Micron to reset.
4 Large-Cap Semiconductor Stocks to Buy Now
INTC, TXN, NVDA, MU
Micron (NASDAQ: MU ) shares are pushing up and over their 200-day moving average for the first time since last August, setting up a further retracement of a decline from the highs hit last summer that resulted in a 50%+ loss of value. CLSA analyst Sanjeev Rana recently cited falling inventory levels as a reason to expect a strong demand recovery.
Since above 4 are moving in tandem, does it matters which one you buy?
I do not own any chip stocks, MU or NVDA or LRCX, but generally, we are near peak at this stage.
Micron Stock Will Plunge Because the Chip Market Hasn’t Hit Bottom, Morgan Stanley Says
Morgan Stanley timing is right, they just see whole market is upside and trying to downgrade (weak) one.
All it needs 40 points in S&P to reach the last year peak. Market is doing reverse against the GDP. It will eventually correct soon. Remember Trump-Pelosi shutdown majority of 35 days shutdown falls last quarter, there is no escape now
You didn’t follow this thread and another thread closely, MS has been bashing MU for nearly a month to no avail. Broken clock is right twice, MS would be right eventually by keeping repeating this bearish posture ad nauseam.
So far Barron/WSJ/Zacks is correct.
Ytd return of XLNX, AMD and NVDA are higher than MU 
MS did not say anything about MU in Jan, Feb, but started telling about Mar end. Since you are so much attached to MU and other chip stocks, you are not accepting any negatives on those. You believe in TA, look at TA of SPY and MU or similar stocks, they are coming at peak level.
They are not broken clock, but they are timing with TA or similar. They sense it is going higher without fundamentals behind it.
No one can predict exact date of fall or raise.
I do not follow MU or other Chip stocks, but generally this nature.
When the fundamentals, say FED or many other well know analysts/economists are predicting less growth in GDP and market booms, there is eventually correction in market.
Who’s that kid? I skimmed thru his garbage and he listed China slowing down as the number 1 key risk. Huh? It’s been bouncing back for a couple weeks now. Did he just watch American TV news and thinks he knows everything about the world?