Alert: Trump Sold This Semiconductor Stock!
In a Nutshell
Markets corrected 1.5% as expected after hitting resistance, with semiconductors like Micron (MU) and SanDisk down over 10%. Micron is testing critical $1,000 support after Trump disclosed selling $250K–$500K of the stock in May when it traded at $600; the speaker closed a profitable short and is waiting for validation before considering a long. Trump’s late-disclosed stock purchases and $1B+ 2025 earnings from crypto are flagged as conflicts of interest, while the speaker advises staying flat over the July 4th weekend rather than risking weekend exposure.
These notes were generated by AI and may contain inaccuracies.
NASDAQ declined 1.5%. Different time frames provide different perspectives on market movements. While the daily chart may appear concerning, zooming out reveals that markets reached overbought levels as discussed in previous videos. This correction was expected given the resistance zone patterns showing repeated rejection at elevated levels. The risk-to-reward ratio was no longer favorable for going long on shorter timelines.
Markets pulled back and are now testing support at 725-720. Breaking this support level opens the gap down to 700.
SanDisk (corrected from transcript reference to Micron) declined 10.6%. Micron declined 10.5%. A $2,500 profit was realized on the position which is now fully closed. The speaker expressed temptation to go long on the stock following Trump's disclosure regarding his Micron position.
Micron (ticker: MU) demonstrated strong performance. Using Investing Pro software for fundamental analysis shows the stock is not significantly overvalued with a P/E ratio of 25.8 times earnings. The company generates $50 billion in net income on $90 billion in revenue. Growth remains strong both technically and fundamentally. The stock appears oversold based on previous patterns, making it more attractive from a technical standpoint despite positive price momentum and sentiment.
The stock is testing a major support range on the 4-hour timeframe. Since the initial rally beginning in April 2026, price has remained above the moving average. The question is whether the stock can hold above $1,000, with potential downside to the $800s if that level breaks.
Semiconductor stocks could face amplified selling if broader markets decline given their substantial short-term gains. The speaker remains uncommitted to investing in Micron immediately and would prefer to see validation of support before considering a long position. A break below $1,000 could lead to the $800s.
The speaker was down $1,000 on a Nike short position. Despite Nike trading higher, the speaker ended up profitable through multiple position adjustments: adding to the short, buying to cover, going long for $4,000 profit, then going short again. A simple mistake occurred by entering a new short immediately after closing the long without waiting for confirmation. This resulted in giving back half the gains. The current position remains up $1,300 with a small portion still open.
The decision to short was based on volatility and gap-up action showing selling pressure the previous day, though patterns don't always repeat.
Bitcoin found support at $58,000. A small initial short was taken on Bitcoin but closed due to consolidation. No open position remains. The speaker acknowledges Bitcoin as a strong performer and would prefer to see it rally further before becoming overbought for a potential short opportunity.
MSTR (MicroStrategy) is viewed as a terrible business that consistently loses money with negative sentiment toward Bitcoin. The speaker called attention to MSTR when it traded at $500 per share, and it is now down 80% from its high nearly two years later. The company leverages investor money to buy Bitcoin. The speaker is not a Bitcoin believer and recommends buying Bitcoin directly rather than MicroStrategy if one believes in the asset.
Trump disclosed selling $250,000 to $500,000 worth of Micron (MU) back in May when the stock traded at $600 per share. The stock has since doubled. This disclosure does not necessarily represent his full position. Trump was purchasing on the way up and took profits, leaving money on the table but avoiding a bag-holding scenario.
Trump announced that Micron, described as a truly great American company and one of the hottest in the world, made a historic $250 million investment into Trump accounts. Trump accounts are scheduled to go live on the Fourth of July. The speaker created a page to inform viewers about opening Trump accounts, which would be free with a $1,000 initial deposit. Eligibility requires being born after 2025, making the speaker's son potentially eligible.
The disclosure appeared to add selling pressure to Micron, with the stock at a critical $1,000 level. The speaker questions whether investors view this as poor capital allocation.
Trump disclosed making over a billion dollars in 2025, with the majority from crypto earnings and royalties from Trump coin, which has lost 96% of its value. The speaker criticizes diehard supporters who lost 96% on the coin.
The day before Trump paused tariffs, triggering a 10% market rally, his account purchased 327 stocks worth up to $12.8 million. These trades were disclosed over a year late, beyond the standard 45-60 day SEC requirement, resulting in a $200 penalty.
The speaker emphasizes calling out politicians regardless of party affiliation when conflicts of interest exist, including investing in companies they regulate. While supporting certain initiatives like Trump accounts, the speaker refuses to ignore questionable actions simply because of voting preference.
Markets will be closed Friday in observance of the Fourth of July. Viewers are advised not to take trades that would result in weekend bag holding. The speaker encourages being intentional and calculated, and to cash out when in doubt.
Keep Ricky Gutierrez in your library
Save the videos and channels worth coming back to, and find them again in one place.
