Micron's Earnings Could Be Extremely Important For The Market Near-Term
- It’s always good to be a least a little bit skeptical to initial responses in the marketplace…in either direction. With this in mind, we thought we’d ask one quick question: The last (and only) time we had a soft landing, the Fed only had to cut rates by 75 bps…so why do are they telling us they need to be much more aggressive this time?
- Even though much of the focus for investors is spread out in several different areas right now, the tech stocks are still very important for the stock market…..Several different chip names are sitting at key technical junctures, so Micron’s (MU) earnings announcement/guidance tomorrow night could be very, very important for the tech sector…and the broad stock market.
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