Shark

SanDisk -5.6% today after that huge run. Time to buy the dip or is memory cooling off?

$Micron Tech(MU.US) The perfect earnings report this time is already a consensus. The market only cares whether the memory shortage is a new normal or part of a cycle. If the Q3 guidance or full-year guidance remains strong, then Micron will start a new round of rally. If the guidance is flat or even declines, I will sell all my Micron shares. Flat guidance would be devastating for Micron, further confirming the market's view of memory as cyclical. Although the probability of lowered guidance is extremely low, thinking about how to respond to the earnings report before it's released is the only way to make timely and correct moves. This way, you won't miss out on gains by selling too early, nor will you stubbornly hold on to losing positions.