RamenPanda
RamenPanda|Jun 23, 2026 15:38
What is happening in the stock market now? Let's explain. Firstly, tomorrow's Micron financial report MU is very similar to the atmosphere of Nvidia's financial report days in 2023 and 2024. The hype surrounding Micron's performance is the key factor driving the current wave of volatility. This stock now has a market value of over $1.2 trillion and has driven a broader, momentum based uptrend - largely dependent on market sentiment towards Micron's stock price. In addition, the South Korean stock market, which has quickly entered one of the top six global markets, plummeted by -10% last night due to reports that South Korean lawmakers are discussing taxation on unrealized gains (unrealized gains on paper) in stocks. Adding another fact: the leverage level in the South Korean market is at a historic high, with financing and securities lending reaching a scale of $26 billion, while the trading volume of leveraged ETFs in the United States is also at a historic high. The result is that the two-way volatility has been amplified - which also explains why the S&P 500 has rebounded by+60 points from its opening low. Looking at it from a broader perspective, the larger AI narrative is actually only further enhanced, and after the surge we just experienced, market volatility is completely normal. Make good use of this wave of fluctuations.
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