r/stockmarket
Micron (MU) earnings really changed the mood in my portfolio
MU's earnings beat boosted my portfolio, confirming the semiconductor theme still has legs despite some tech laggards.
- MU reported an earnings beat, validating the semiconductor investment theme.
- The portfolio is heavily driven by gains in semiconductor stocks like MU, TSM, and LITE.
- Some mega-cap tech stocks like MSFT, GOOG, and AAPL are lagging and trading red or flat.
- The author is actively trimming positions into strength, suggesting caution at current levels.
Not gonna lie, today felt pretty good.
MU just printed an earnings beat after hours, and it honestly came at the right time for my portfolio. It’s my largest position (\~5.8K shares), and after the recent run it’s been the main driver of my gains this year.
Looking at my book right now:
MU is doing most of the heavy lifting (by far)
TSM and LITE also held up strong
Some laggards like MSFT / GOOG / AAPL are still red or flat, but nothing too concerning
A few small option positions are still noisy, but that’s just part of the game
Overall I’ve been slowly managing exposure trimming a bit into strength and adding selectively when I see setups I like. Nothing too aggressive, just trying to stay disciplined while letting the winners run.
After-hours MU reaction definitely adds some relief and validation to the positioning. Feels like the semis theme still has legs if execution stays solid.
Curious how others are positioning around semis after this MU print still bullish or taking some chips off the table?