Public trading strategy
Apple's price hikes prove Micron's pricing power — long memory chips on the sque
Thesis
The combination of Micron's blowout quarter and Apple's被迫 price hikes tells us there is a severe supply shortage in memory chips. Apple had its worst session in a year simply because they have to pass memory costs to consumers, validating Micron's pricing power. This creates a classic commodity squeeze: the raw material suppliers (Micron) hold all the cards while consumer brands (Apple) absorb the margin hit. We want to be long the bottleneck.
Strategy approach
Build a rule-based strategy that enters long MU on D1 when it gaps up post-earnings and closes >5% above prior day close, targeting a 15% profit with an 8% stop loss.