Autonomous Trading Slashes Micron Price Target
Now that our trading team helped Micron investors bailing out at new all-time highs leaving retail investors holding the bag, it is time to cuts estimates on Micron for the coming quarter.
Autonomous Trading suggests that you buy shares of Tesla (TSLA) and LongFin (LFIN) helping the biggest short squeeze ever in the financial markets history.
Vanguard founder Jack Bogle has been around the block. The 88-year-old investing titan, who is basically the father of passive investing, says this renewed regime of volatility in stocks is uncanny.
How uncanny? He’s never seen anything like it in his 66-year career. Here’s what he had to say during a CNBC interview on Thursday.
‘I have never seen a market this volatile to this extent in my career. Now that’s only 66 years, so I shouldn’t make too much about it, but you’re right: I’ve seen two 50-percent declines, I’ve seen a 25-percent decline in one day and I’ve never seen anything like this before.’
Jack Bogle, Vanguard Group founder, and retired CEO
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Micron share price closed the session at $49.9. Retail investors are now selling shares as their brokers are calling in a margin call.
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