StocksLeak·Where the leaks Wall Street tries to bury surface first.
Read at stocksleak.com→Micron prints fiscal Q3 after Wednesday's close, SanDisk is sitting on a 200-point air pocket, and the Korean memory cascade is the only macro signal that matters into the print. Here's where MU and SNDK are right now, what the tape is telling me, and the three scenarios I'm trading.
Today's tape was not random. A 10% KOSPI crash, a memory-chip liquidation, momentum names hit with no news, and quiet bids under gold, energy, utilities, defensives, and small caps. This is what a positioning unwind looks like in real time — and the rotation map tells you exactly where the next trade lives.
MU and SNDK led the U.S. memory complex lower Tuesday as South Korea's KOSPI crashed 10%, triggered a trading halt, and Samsung and SK Hynix gave back weeks of gains. With Micron reporting fiscal Q3 after the close on Wednesday, the dip is either a gift entry or the first crack in the AI-memory thesis.
After three decades on the desk, two high-frequency trading firms, and more market cycles than I can count, I wrote down exactly how I trade. ROGUE ALPHA is a $35 PDF field manual — the same frameworks, rules, and mental models I use to trade size, control risk, and stay profitable in markets that refuse to cooperate.
MU's own materials say FY26 capex is now above $25B and FY27 steps up meaningfully, with over $10B more construction spend year-over-year. Near term that's not bearish — it's proof supply is tight. Medium term it becomes the bear case the moment gross margin stops expanding with it. My framework for Wednesday's print: capex up + GM guide up = bullish; capex up + GM guide flat/down = sell the news. Plus the hidden risk nobody is pricing — TrendForce already says DDR5 64GB RDIMM overtook HBM on wafer profitability in Q1 2026.
I sat for the Uniform Investment Adviser Law Examination on June 4, 2026 and passed in the 90s after three days of studying. I never opened the textbook. My entire method was five practice exams, taken twice each, with the real test the next morning — and the only material I 'studied' was the questions I got wrong. Here's exactly how I did it, why it works, and who should not copy it.
Wall Street comes off a holiday-shortened week into the Fed's preferred inflation print on Friday, a fresh hawkish tone from new Chair Kevin Warsh, a US–Iran tanker deal that has crude rolling over, and the single most-watched earnings release of the month: Micron (MU) fiscal Q3 on Wednesday after the bell. My read on what's actually tradable Monday morning, the day-by-day calendar, and how I'm thinking about the MU print with HBM sold out and the stock up 800%+ in a year.
An investigative reading of the Office of Inspector General complaint Guy Gentile's counsel drafted against the SEC: a 2015 threat letter to a Bahamian employee, an ignored cease-and-desist from Bahamian counsel, a March 10, 2016 'whistleblower' submission filed thirteen days before the SEC and DOJ both sued, a stayed federal docket the SEC kept investigating around, an executive-meeting audio recording the staff attorney did not stop, a chain of emails directing a foreign national to spy on a US citizen without a warrant, and a foreign regulator told things about Guy Gentile that the staff attorney could not back up. Named, dated, sourced.
A close reading of Yaniv Frantz's March 11, 2023 sworn deposition in SEC v. MintBroker/Gentile — the record in which the SEC's solicitation witness conceded he was hired as 'senior sales manager,' that his only prior deposition was his own COVID-related wrongful-termination suit against his last employer, that the rule Guy taught him was 'you can accept U.S. customers as long as you're not soliciting U.S. customers,' that he did not know what 'affiliates' meant when he found the program, and that his knowledge of the affiliate deals came from third- and fourth-hand hearsay from colleagues whose full names he could not recall.
