SanDisk Corp Stock (SNDK)

The major equity indices closed modestly lower on Friday, one day after the S&P 500 notched a fresh record high close. The S&P 500 gave up 0.1% on the session while the Nasdaq Composite lost 0.2%. Six of the 11 S&P sector SPDR ETFs finished higher, led by Energy ($XLE). Healthcare ($XLV) was the weakest of these funds. Treasury …

Sandisk ($SNDK) is running wild in response to the firm’s investor day on Thursday. While unhappy that we sold most of our long position here at the Sarge-folio, we can take solace in the fact that at least we did not sell it all and that we did add an odd lot to the odd …

Another day, another record? Sort of. The S&P 500 managed to set a new all-time intraday record high as well as an all-time record closing high. Why? Inflation, or the lack thereof. For the month of July, headline PPI printed at +0.0% month over month versus the +0.2% consensus and at +4.7% year over year versus expectations for a +4.9% print. …

“Igor may I speak to you for a moment?” – Young Frankenstein Abby normal scene SanDisk ($SNDK) – $165 from day’s highs. Would you mind telling me whose brain you put in? Positions: None

Here are today’s things: * I sold out the following longs: ($AMZN) $236.89 ($GOOGL) $330.07 ($MSFT) $450.31 ($SNDK) $1156 * Added to ($MSOS) $4.04, ($TRLV) $8.02 and ($GTBIF) $6.92 Positions: Long MSOS VVL TRLV S GTBIF S