SithInvest

Micron is a major provider of data storage semiconductors, including DRAM, flash memory, and solid-state drives, which are essentially commodities needed for the manufacture of most digital products. Micron was breaking out prior to the pandemic and is now making new 2020 highs. It appears that it finally resumed that breakout. Micron just closed the week at the highest weekly close in 20 years and appears likely to finish November at the highest monthly close in the last two decades. I believe Micron has the potential to test its all-time high closing price of $96.56 made on July 14, 2000, and possibly make new all-time highs on a continuing melt-up. Read The Full Article Here

  Riot is a U.S. based publicly traded Bitcoin miner. Bitcoin is breaking out. Riot is likely to continue to follow Bitcoin, and could significantly appreciate in 2021. Riot LEAPS appear attractive, but lending of common shares is also compelling. In early August, we  proposed   that Riot Blockchain was likely to appreciate in reaction to the apparent Bitcoin breakout. Since then, both Bitcoin and Riot are beating the market. I continue to anticipate a frenzied demand for both in 2021, much as did occur in 2017. Even though Riot is up around 30% in the past few months, the opportunity is still rather significant, and Riot may be cheaper now than it was in August, relative to the price of Bitcoin. Read Full Article Here