Market Expert Jay Woods Says This Sector Scares Him Right Now: ‘Lagging is a Yellow Flag’
Market expert Jay Woods is keeping a close eye on one sector during the month of October. Here's what and why.
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Micron has a major catalyst as the company may soon announce a large share buyback once the CHIPS Act restrictions end.
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Market expert Jay Woods is keeping a close eye on one sector during the month of October. Here's what and why.
Sandisk stock has surged over 600% this year due to strong AI-driven demand for NAND memory chips. The article projects that if memory demand remains strong through 2030, a $10,000 investment could triple to $30,000, supported by industry forecasts showing continued supply constraints and low-20s percentage growth in NAND shipments.
Micron Technology is experiencing exceptional financial performance with soaring revenue, profits, and cash flow, yet its stock price remains stagnant. The disconnect between strong fundamentals and stock performance raises questions about valuation and market sentiment.
Morgan Stanley sees a 32-GW U.S. data-center power shortfall but says Nvidia and Broadcom’s 2027 outlooks may be protected.
Samsung is expected to report its first quarterly operating profit exceeding 100 trillion won, with consensus forecasts around 106.94 trillion won. However, the article argues that Micron Technology has more downside risk than upside potential from Samsung's results. While Micron's DRAM prices rose in the high-teens percentage last quarter, this represents a significant slowdown from the prior quarter's low-60s gains, suggesting the memory pricing boom is moderating. A Samsung miss could indicate memory prices have stalled, which would be concerning for Micron's guidance.
The Nasdaq gained 1.05% to 27,477 as tech optimism drove market gains despite rising Treasury yields. The S&P 500 rose 0.66% and the Dow added 0.18%. Key movers included Vaxcyte (up 30% on vaccine success), Genmab (up 11% on lymphoma drug data), and PTC (following a $22.6B buyout offer). Nvidia gained 2.12% amid speculation about reaching a $6 trillion market cap. Investors showed increased appetite for risk following softer-than-expected jobs data, reducing expectations for further Fed rate hikes.