Micron just had its best quarter ever. One analyst just called it a Sell.

Plus: SpaceX's $4.3B Nasdaq-100 trap. And Palantir's supervillain manifesto. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  

July 1, 2026 SpaceX Joins the Nasdaq-100 on July 7. That's $4.3 Billion in Forced Buying. Here's the Catch. SpaceX (SPCX) went public June 12 at a $1.77 trillion valuation, the largest IPO in history. The stock hit $225 before falling more than 30% to near $155. Now comes the next catalyst. On July 7, SpaceX joins the Nasdaq-100. That triggers an estimated $4.3 billion in mandatory institutional buying from index funds required to own the stock. It's mechanical, time-limited, and real. But lurking right behind it: the lock-up expiry. Roughly 20% of insider shares become sellable after Q2 earnings in late July. The gap between those two events may be the most important trade in SPCX right now. Read the full analysis › Sponsored — Advantage Gold On July 29th, the Fed picks your poison On July 29th, the Federal Reserve makes a call that touches every dollar you've saved. They're cornered. Raise rates and the market cracks. Cut them and the dollar buys less by morning. Goldman, JP Morgan, and UBS are projecting gold at $6,300 an ounce. It trades near $4,177 today. A free guide shows you how to protect your 401(k) or IRA before the Fed decides. Tax-free. No penalty. See it before July 29th › Palantir Published a Manifesto. A UK MP Called It 'Supervillain Ramblings.' The Stock Is Down 36%. Palantir (PLTR) published a 22-point manifesto in April. A UK member of Parliament called it 'the ramblings of a supervillain.' ESG funds sold. The stock is down 36% this year. Meanwhile, the business posted 85% revenue growth in Q1 2026. The U.S. Army handed them a $10 billion, 10-year contract. U.S. commercial revenue is growing at 120% annually. The analyst consensus sits at Buy with a $182 target, implying 61% upside from $113. The question is whether a 129x P/E and a CEO who publishes manifestos is a problem or a feature. Read the full analysis › Sponsored — Strikepoint Are you leaving Social Security money on the table? Most retirement plans still have quiet gaps that don't show up until it's too late. A tax strategy costing you thousands each year. Social Security timing leaving real money on the table. An income strategy that could be working twice as hard. For most people, these aren't small details. They can be the difference between a retirement that works and one that slowly unravels. Take the free 2-minute quiz to see where your plan stands › Micron Is Up 259% This Year. One Analyst Just Called It a Sell. Micron (MU) just reported fiscal Q3 revenue of $41.5 billion, up 346% year-over-year. Gross margins hit 84.9%. Q4 guidance of $49-$51 billion crushed the $43.2 billion estimate by $6-8 billion. The stock is up 259% this year from a 52-week low of $103.38. Its entire HBM capacity is sold out through 2027. Customers have paid $22 billion in deposits under take-or-pay contracts. And yet one prominent analyst just published a Sell call with a $1,014 target on a stock trading near $1,140. Here's why the bear case isn't crazy, even against the best numbers in Micron's history. Read the full analysis › You are receiving this e-mail at fromworksmart.jewelry@blogger.com, as part of your subscription to Money Morning. Manage Your Preferences by clicking here. No longer interested? Unsubscribe. © 2026 Money Morning. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication prior to following an initial recommendation. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Agora Media, 14 West Mt Vernon Place, Baltimore, MD 21201. Money Morning is a First Light Financial, LLC publication. To contact us call 866-616-2166 or visit us online. Website  |  Privacy Policy  |  Terms & Conditions