LIVE: MICRON TECHNOLOGY $MU EARNINGS REPORT 2026
In a Nutshell
The host bought a tiny $10k long position in MU before earnings, watched it gap up 14% on a strong beat, then opened and added to a small short at $1,085–$1,160 while repeatedly warning viewers not to copy. Core message: size risk extremely small on volatile earnings trades, separate intraday shorts from long-term holdings, and wait for better entries rather than chase.
These notes were generated by AI and may contain inaccuracies.
Micron Technologies (MU) has been one of the best performing stocks for 2026 and 2025, rising from lows of $50 to highs of $1,200. The stock hit new all-time highs just two to three days ago before retracing after news from South Korea. The stock dropped below $1,000 per share with a 20% decline in two days. The stock trades at a premium and is considered expensive. Fundamentally the company is performing well.
The Nasdaq is currently down 0.6%. The question is whether Micron's earnings will be strong enough to drive market recovery or whether guidance will spook investors. The host bought a $10,000 position in Micron as a light position representing less than 10% of position size.
The host emphasizes that viewers should not copy the trade. The $10,000 position is very small relative to the host's total portfolio. The strategy involves buying semiconductor stocks as they sell off due to bullish market conditions. Recovery is possible but not guaranteed. Risk is mitigated at the moving average based on previous highs. The risk-to-reward ratio is just under 3:1. The host is waiting to see if the stock sells off into the close before potentially buying a small additional position.
Market expectations for Micron's earnings include EPS of $19.92 and revenue of $34.66 billion. There is a significant jump in both EPS and revenue expectations compared to previous earnings. The bar has been raised for the company. The P/E ratio stands at 40x earnings, which is not the cheapest but not the most expensive valuation. Net income is $24 billion and revenue is $58 billion.
The host notes that Micron is growing exponentially on a fundamental level, not just on price performance. The company makes money, which justifies the valuation in contrast to overhyped companies like MSTR, which the host considers overvalued even at $90 per share.
The host has no open position initially and is watching the earnings release. The host would be very surprised if Micron sells off after earnings, viewing that as a red flag indicating weak guidance or lower demand. The host believes Micron is likely to push higher and support broader market recovery. Semiconductors are viewed as oversold in early stages despite recent bullishness.
A poll showed 58% of viewers expect the stock to rise. After earnings release, the stock is rising with a big push of 3% to 4%. The host opens a short position of 10 shares at an average price of $1,085 after the 4% rally, keeping the position very light at $10,000.
Micron beat earnings with a big surprise on both EPS and revenue. The host loves when companies trade at elevated levels and then deliver strong earnings. The host contrasts Micron with Intel, calling Intel one of the most overhyped companies. Micron is seeing genuine demand increases, not forced by external factors.
The host maintains a small short position despite liking the company fundamentally, citing uncertainty in the semiconductor space as justification for an intraday short play. The position size remains small at 20 shares. The stock pushes up 5% and approaches $1,100. The host notes earnings do matter during speculative and uncertain times, though guidance is also critical.
The stock pushes up 12%, then 10%, with a 6.5% gain. Risk-to-reward becomes less favorable. The Nasdaq recovers fully with a 1% gain. The host takes a picture of the recovery. The stock hits 8% gains. The host discusses trimming positions after a 7.5% move and a 12% move from lows to highs in the past hour.
The host takes profits on the short position. The stock continues pushing higher to 14%. The host adds another 10 shares to the short at the $1,085 level, keeping position size light at $10,000 to $11,000 per trade. Western Digital is up 8%, SanDisk up 7%, and Marvell up 3%.
A viewer asks why the host is shorting MU despite good earnings. The host explains the position is super risky, which is why the size is kept very small at less than 10% and why the host warned against copying. The stock gapped up 10% in minutes. The host notes that markets have become more willing to sell off in the past two weeks compared to previous resilience. The host does not expect Micron to go red but anticipates 2-3% pullbacks after 10-11% rallies.
The host made over $8,000 on Intel earlier and is not worried about the $300 loss on the Micron short. The position is viewed as a quick scout rather than a long hold. The host would sell all shares if the stock breaks resistance at $1,160.
The host would love to own Micron in a long-term portfolio but wants more fear injected into the market before buying. The host is patient and waiting for a better entry point. The host distinguishes between intraday plays and long-term investments, noting that Nvidia and Amazon have also been shorted intraday while held long-term in the portfolio.
The host warns against using leveraged inverse ETFs on volatile stocks like Micron, which moved 10% in minutes. One-to-one exposure through stock purchase or shorting is recommended over leverage, especially for beginners during earnings.
The stock reaches new highs above $1,162 and trades at $1,167 with an 11.2% gain. Bitcoin is discussed in relation to AI narratives. Tomorrow's economic calendar includes Core PCE, GDP, continuing claims, initial claims, jobless claims, and personal income spending, all releasing one hour before market open. The expected move for the stock was 17%, but the actual move reached 10%.
The host adds to the short position at overbought levels in preparation for a potential pullback but emphasizes not adding too early. The position size is 28 shares. The market needed this earnings win after forming lower highs and lower lows. A 14% or 10% move is significant. Long-term investors should not be bothered by volatility if their timeline extends to targets like $1,500 or $2,000. Traders must decide whether the risk outweighs potential reward at current levels.
The host notes that guidance will be key to determining whether the 14% celebration is justified. Market sentiment is currently healthy and celebrating the earnings win, though uncertainty remains for tomorrow's data releases.
The short position is only 28 shares. The speaker states they would be more than happy to double, triple, or quadruple the short if price action supports it, but it does not right now.
Do not copy this trade.
The speaker emphasizes they have never said viewers should copy their trades. They explicitly stated at the start of the video that Micron is likely to go up and it makes more sense to go long than to go short.
If the speaker is willing to take risk, it does not mean viewers should take the same risk. People hear what they want to hear.
The price action is showing signs of slowing down, but there is not enough selling pressure. The speaker wants to add more to the short but will not do so right now due to how resilient the stock is.
A viewer asked if PLTR is overvalued. The speaker can see why people are going to start buying PLTR. They no longer think it is incredibly cheap, but markets do not always care about what is cheap.
The P/E ratio is high even after the stock lost 50% of its value. When it was trading at a 200 to almost 300 P/E ratio, the speaker discussed it. It makes a lot more sense to buy PLTR now than at those levels.
The key question is whether the current price is good enough based on where the company is going to justify the valuation. PLTR might be cheaper now, but that does not mean it cannot go even lower.
Can you tolerate that?
Nothing is guaranteed. You do not know the timeline or what will happen before it gets better, or if it gets better.
Key questions to ask yourself before investing:
- What is your plan?
- Where is your entry?
- Where do you think it is going to go?
- If it drops below a specific price, what do you consider selling?
The speaker thinks PLTR could go lower because nothing looks like it is stopping it right now.
Do not bite more than you can chew. If you are an absolute beginner and want to test investing, buy just one share even if you have a million dollars in your account. This encourages tracking the position. Even if the stock drops, you learn throughout the process.
Stop overfixing on how much you can afford to buy and trying to maximize position size. If you like Palantir, have understood it fundamentally, know what they are working on and where they are going, and accept it can get worse before it gets better, then buy one share.
The speaker does not like the company personally but does not mind talking about it because some viewers might be interested.
The speaker thought Palantir was overvalued at $120, but it rallied to $200 before returning to $120. Wall Street loved Palantir at one point and it felt unstoppable. When a company looks resilient and institutions are pouring in, the speaker acknowledges it is important to work with that momentum.
You will not learn any of that without exposure. The advice is to keep it simple: buy one share, track it, and follow it. Stop overcomplicating investment decisions you are not experienced enough to understand yet.
To gain experience, have some skin in the game in a tasteful way. Instead of overcomplicating with paper trading, buy one share and trade with one share. Have some skin in the game but not so much that it overwhelms you. Keep it simple.
Micron pushed up 14%. The idea of profit taking makes complete sense given the uncertainty in the semiconductor space. The speaker is shorting after it gapped up, but acknowledges it earned the screen day and earned the rally.
Markets sometimes celebrate good results even when confusing for beginners. When a company exceeds expectations and sells off, or misses expectations but rallies, it creates confusion. This Micron reaction is not confusing because it has been a strong company both fundamentally and technically.
The NASDAQ is holding up at elevated levels and markets can trade sideways up here. The speaker is in no rush and will keep LPP team members updated on the MU short. Average price is $113.33 with 38 shares (they added 10 shares).
It is a 4% move. The speaker would love to add more and double or triple the position, but direction is super in favor of the bulls. They must be patient. The earnings call has not happened yet, so the stock could push up 15-20% if guidance is better than expected.
If the speaker had traded this with $100,000 and it went against them, it would have been a terrible feeling. Manage your position size. It is important to not be afraid to have some skin in the game, even on something speculative, but minimize exposure. It does not have to be all or nothing.
You can go long or short if you have the experience, but manage position size and do not use leverage, especially with speculative assets during uncertain times.
The speaker is holding the short for a few days. Direction is currently in their favor. After tomorrow's economic reports, if they are good enough, markets could move even higher. If reports come out worse than expected, a slight correction is possible. It is better to be aware than surprised.
The speaker liked the overbought reversal setup. They are currently down $2,000 on the day for MU and waiting for more signs of a pullback to add to the position. LPP team members will receive updates.
The software used to dive deeper into companies costs $10 a month. The first link in the description is for InvestingPro. It is not required, but useful for understanding companies being traded and invested in.
The speaker is adding 10 shares at overbought levels, then another 10. The stock is testing $1,200. They will be careful here and continue keeping viewers updated.
Live trading sessions happen every market day at market open. The second link in the description is for joining. Promo code MSTR gets nearly 50% off LPP 3.0 in celebration of Bitcoin selling off and MSTR falling below $100 per share, as MSTR bag holders are down over 50%.
Questions can be sent via Instagram. The goal is to win the year on a green note.
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