MU 2X Long ETF

$Micron Tech(MU.US) buyers spotted stepping into the $1070C for 10/16, aggressively loading up with over $6.13M in premium.

Context

Micron just closed a historic fiscal year 2026, completely rewriting its narrative from a cyclical memory player into a secular AI infrastructure powerhouse. The financials from its recent Q4 report are staggering:

• Exponential Top-Line Growth: Full-year revenue reached $133.19 billion, up 256.3% year-over-year. Q4 revenue alone hit $54.23 billion.

• Explosive Profitability: Full-year net income jumped nearly 900% to $84.97 billion ($74.33 EPS).

• Peak Pricing Power: Driven by data center demands for High-Bandwidth Memory (HBM) and premium DRAM, Q4 gross margins reached an unprecedented 87%.

My Trade

• The Setup: Despite “crushing” earnings and projecting an even stronger fiscal Q1 2027 ($61.5B revenue midpoint), the stock experienced a mild short-term pullback to $1,045.56 due to minor Wall Street anxieties surrounding long-term capital expenditure rises and peak gross margin metrics. Technical indicators reveal that an inverse head-and-shoulders breakout past $1,041 remains valid.

• Action Plan: Buy the Dip. I am accumulating a long position at the current support zone between $1,000 and $1,050.

• Execution Structure:

• Entry Triggers: Build a 70% core position at current prices ($1,045), and save 30% for emergency add-ons if it sweeps liquidity down to the psychological $1,000 floor.

Takeaway

The key takeaway is that the market is still mispricing the length and structural shift of this memory cycle. Traditional memory cycles bust when supply floods the market, but structural physical layout complexities for HBM4/HBM4E mean that newly constructed wafer fabs won’t bring massive supply online until late 2027 or 2028.

Trading at just 14x trailing earnings and a microscopic 6x forward P/E, the denominator (profits) easily supports the high share price. Micron isn’t just a trade; it’s a structural long-term hold for the duration of the physical AI infrastructure buildout.

📌🇺🇸 last session ended well with SPCX, may need to buy back to balance my last acct, and NVDA and most trades boosted except MU and SNDK, only not sure this will even last for a good end week! 🇸🇬 I have invested on our 3 major banks, will DCA slowly if prices softened further, is good to buy in smaller lots as today market is too uncertain, even for banks highly depended on the US imposing new hikes and other factors. Though SG stocks growth may be boring but more stable, save our mental energy to pay attention our stocks than compared to highly volatile US tech stocks across the board. This is my experience so far. Buy may be easy, sell is hard and holding is too daunting!

Our local banks have been rather stagnant, closing slightly higher by the end of the day. Turnover has been slightly higher since the start of the reduced board lot size, which is great as it is now more affordable for investors to DCA. However, I also do think that this would allow traders more opportunities to take partial profits here and then so the banks' share prices may not increase as quickly as seen previously.

After the implementation of the stocks, the three banks will be good if it ever went to 52 weeks low to buy for the long term if the core business and guidance has not been changed too dramatically. DCA slowly will always beat in the long terms 5 to 10 years and above.

Labour marker is not as strong as expected. It will be hilarious if the Fed has to stop being hawkish so quickly especially if inflation and labour support a dovish take.

I am looking at how the markets trend into mid-late October. So far rotation is into tech and out of financials etc. I believe tech might pull back a bit into mid-late October and how it does will be telling.

cheaper for investors, young, old or new, to buy some SG stocks at lesser lots with lesser costs. doubt will affect volume and price fluctuation much. still can consider a good move going forward.