Situational Awareness
🔻 The memory pop is unwinding. A day after Micron’s blowout lit the complex, it’s reversing: Micron −4.7%, SanDisk −5%, and Western Digital −10.5% are giving back the rally. The broad tape is risk-off — Nasdaq −1.25%, S&P −0.75% — even as the Russell 2000 trades green (+0.7%) on reconstitution flows.
📅 Russell reconstitution finali…
