Apple raised iPad and MacBook prices 20 percent on memory costs and the stock paid back 6. The bond market did not engage. Either the rates side is right that this is a margin transfer, or it is wrong and chipflation is the next print the Fed has to chase. We can work out the shape from here.
...Apple raised iPad and MacBook prices 20 percent on memory costs and the stock paid back 6. The Dow set an all-time high. The Nasdaq logged a 4-day losing streak it had not managed since February. The bond market did not engage. Equity leadership did.
...Atlas now wears a Micron logo. MU jumped 16.57% pre-market on monster earnings and is holding up the whole index.
The chart setup leapfrogs two corrective pullbacks and the last swing high. Day-traders are salivating.
I’m dusting off the “at the open” gap-trading systems from the archive. Get me some of that.
Bitcoin bears out of hibernation, target revised down. Crude a cat’s whisker from $65.
A record 84.9% Micron margin and $100B contracted on the same evening as a brewing 4.1% PCE print. Two clean numbers, opposite signals, one multiple. What does the textbook say should happen, and what does this tape usually do?
...Micron printed the entire 2026 memory book pre-bell at floor prices: $41.5B revenue, record 84.9% margin, $100B contracted across sixteen deals. NQ +2.21%. Then PCE prints at 8:30 ET.
...Asia led the bear charge and the 4.1% bounce overnight. The US barely twitched.
The Premium Popper ORB system still pulled winners: SPX timed out to profit, RUT a full stack with a VWAP entry.
Patience was the play on the swings, and a new bull entry may help manage Monday’s ill-fated swing.
Crude grinds toward 65, Bitcoin’s neckline cracked, and the signed peace deal hasn’t calmed a thing.