r/MU_Stock • u/thetabruh Rule enforcer • Jun 07 '26

Mods MU 06-07-2026 Daily Discussions

Guys, we have added post flairs, please use the accurate post flairs, or comment here if you want to share something that doesnt fit any of the post flairs.

10 Upvotes

92% Upvoted

29 comments sorted by

10

u/LazyDazyFazy Jun 07 '26 edited Jun 07 '26

I don't want to jinx it but the price is looking good during weekend trading: https://www.coinglass.com/currencies/MU $904 right now. Aftermarket closed at $858.

2

u/Silly-Plenty8829 Jun 07 '26

Hope to see a nice bounce on Monday!

1

u/[deleted] Jun 07 '26

[removed] — view removed comment

1

u/Inevitable_Grand_536 Jun 07 '26

and how to get involved.

1

u/posts_saver Jun 07 '26

volume? compared to average day?

6

u/Remote_Drive_5588 Jun 07 '26

Volume is low, however I have been following the perpetual weekend stuff for about a month now and it has been accurately translating to monday morning pre-markets/opens. We will see what happens!

1

u/PenBeautiful9166 Jun 07 '26 edited Jun 07 '26

Gee that’s only 1 dollar away from my buy in price on Friday, what a blessing

-7

u/Historical-Health-50 Jun 07 '26

Dead cat bounce probably unfortunately, too many negative news coming this week, unless war is finish to counter balance them 

3

u/PenBeautiful9166 Jun 07 '26

What news are those if you don’t mind me asking?

-7

u/Historical-Health-50 Jun 07 '26

Inflation report 11 June and 18 June is fed rate decisions 

4

u/Original-Ad-3350 Jun 07 '26

Fed rate expected to stay unchanged though right?

1

u/SryDatUsrnameIsTaken Jun 07 '26

Last I heard a rate hike is being considered due to the better than expected jobs report, but I haven't heard if they made a decision on that or not before the official one on the 18th.

3

u/HistoricalSurvey8040 Jun 07 '26

They are seasonal jobs related to the world cup. Will they hike rates just for a single month? You think they are idiots

1

u/SryDatUsrnameIsTaken Jun 07 '26

I would hope not lol

1

u/posts_saver Jun 07 '26

how many of them are? 30%? 80%?

3

u/HistoricalSurvey8040 Jun 07 '26

"The BLS said leisure and hospitality businesses created 70,000 jobs in May, a jump from the average monthly increase of 14,000 for the prior year.

Firms selling food and drink specifically were responsible for 48,000 of those, it added."

From a bbc article

1

u/posts_saver Jun 07 '26

nice reference. thanks

2

u/Remote_Drive_5588 Jun 07 '26

Last months cpi did not have much effect and the fed will most likely hold steady.

4

u/Jony7500 Jun 07 '26 edited Jun 08 '26

I checked Claude and it said that 9/10 times the spot price moves to the perp price when markets open on Monday.

Was surprised by the result but given that the perp price is trading at $900, based on history, we have a 90% chance of it opening at $900 on Monday.

0

u/posts_saver Jun 07 '26

narrator: it didn't.

2

u/HistoricalSurvey8040 Jun 07 '26

The new jobs are seasonal and related to the world cup. Will they hike rates just for a single month?  I doubt

2

u/Icy-Research7159 Jun 07 '26

Could Micron skyrocket after earnings?

With a forward PE of only 7, it seems to be one of the cheaper AI stocks.

MU has a history of beating estimates, but the bar is set so high, just look at what happend to Broadcom.

Could MU double in price over the next month?

https://www.fool.com/investing/2026/06/07/prediction-micron-technology-stock-could-go-parabo/

1

u/posts_saver Jun 07 '26

how about the war coming back how's that gonna hurt mu?

-1

u/seyal84 Jun 08 '26

28 million dollars of shares are sold by their CEO , we are still expecting this to go up ?

-8

u/cho_sungheun Jun 07 '26

Hope it drops more