What Are Your Moves Tomorrow, June 23, 2026

u/verified-trader · Reddit — r/wallstreetbets · June 22, 2026 at 20:00 · ⬆ 46 pts · 💬 1083 comments  | View on Reddit ↗
AI Summary

Summary

  • The thread is dominated by a stark divergence: memory/semi stocks (MU, SNDK) have surged massively, while the former "Mag 7" (MSFT, GOOGL, META) are now derisively called "BAG7" and are bleeding.
  • SpaceX (SPCX) is the most hated ticker, with multiple comments mocking its 17 failures, 0 successes, and bagholders from a hyped IPO. Bears are confident.
  • There is a growing consensus that AI capex overspending is unsustainable, which threatens both hyperscalers and the memory suppliers that depend on them.
  • Major disagreement exists on memory stocks: some predict continued parabolic gains, others warn of a 30%+ correction. Earnings are a key catalyst.
AI Summary

Summary

  • Main themes: SpaceX (SPCX) IPO pump & dump, Micron (MU) bullish despite earnings dip, big tech (MSFT, GOOGL, AMZN) weakness, market macro concerns (Middle East, US economy).
  • Dominant sentiment: Mixed – bearish on big tech and SPCX, bullish on MU and contrarian call plays.
  • Key earnings discussed: Micron (MU) upcoming earnings expected to be strong; SPCX IPO priced at $135 with potential failure.
  • Notable consensus: Community agrees SPCX is a short; MU longs are confident in $1,000+ target; big tech is overextended but some see bounce opportunities.
AI Summary

Summary

  • Memory stocks (MU, DRAM) dominate discussion with a bullish lean despite near-term volatility; SpaceX (SPCX) is widely seen as a crashed pump-and-dump.
  • Big tech (MSFT, AMZN) are deeply bearish, with multiple comments lamenting 20% drops from highs and continued weakness.
  • MU earnings are considered a “coin flip” – beat/raise expected but punishment possible, mirroring past patterns.
AI Summary

Summary

  • Dominant theme is the SPCX (SpaceX-related) IPO collapse, with multiple comments calling it a “waterfall” and a “dying star”; bearish consensus.
  • Earnings focus is on MU (Micron) and memory sector (DRAM), with mixed but leaning bearish sentiment ahead of results.
  • General market sentiment is cautious: only 2% below SPY ATH but fear/greed at 36; many commenters skeptical of rally sustainability.
  • Notable disagreement: a few regard SPCX as a buying opportunity if it drops to $100, but the majority expect further downside.
AI Summary

Summary

  • The thread is dominated by panic over an overnight sell‑off, with heavy losses in tech/semis (MU, MRVL), Asian markets (Kospi circuit breaker), and broad commodities (oil, gold, silver).
  • Key earnings discussed: Micron (MU) – community suspects a leaked earnings report is “dogshit,” driving the dump. Multiple commenters note the drop is happening after hours when options can’t be sold.
  • Dominant sentiment is extremely bearish, with comparisons to 1929, 2000 bubble, and Korean crash repeats. A minority (cash gang) welcomes the red.
AI Summary

Summary

  • Thread dominated by panic over Korean market crash (KOSPI -8%) and memory/tech selloff (MU -7.77%), with concerns of AI bubble bursting.
  • Sentiment is deeply bearish, though some see MSFT as a relative safe haven and recall past V‑shaped recoveries.
  • Notable consensus: memory stocks are getting crushed, while software (MSFT) remains green; disagreement on whether this is a buying opportunity or start of a larger correction.
AI Summary

Summary

  • The thread is overwhelmingly bearish, with users citing an ugly overnight chart, leveraged Korean liquidations, and the SpaceX (SPCX) IPO as market-crashing catalysts
  • Key tickers discussed: SPCX (SpaceX), MU (Micron), ASTS (AST SpaceMobile), NVDA, MSFT, and SPY 0DTE options
  • Notable consensus: SPCX is viewed as a "meme stock on Nasdaq" that caused a cascading crash; MU is seen as overbought with a potential -20% intraday drop after earnings; most agree fear is high, which some interpret as a contrarian buy signal
AI Summary

Summary

  • Extreme bearish sentiment dominates; heavy losses in MU and SPCX, Korean market crash (-10% KOSPI), and fears of circuit breakers.
  • Key themes: MU post-earnings dump already pricing in further downside, SPCX collapsing toward IPO price, and a general market selloff driven by macro fears (Iran, rate hikes).
  • Notable consensus: Community agrees MU will not recover and SPCX is dead money; no bullish counter-narrative gains traction.
AI Summary

Summary

  • Market is experiencing a sharp tech sell-off, particularly in semiconductors (MU, memory names) and speculative space stocks (SPCX), while MSFT defies the downturn.
  • Dominant sentiment is panic and bagholding, with many users joking about becoming long-term investors against their will; a minority expects a quick V-shaped recovery.
  • Key earnings/macro: No specific earnings discussed; the catalyst appears to be a Korea/KOSPI crash and profit-taking ahead of rebalancing, with some blaming the SpaceX IPO.
AI Summary

Summary

  • Dominant themes: massive bullish euphoria on Micron (MU) as the "only stock that matters," contrasted with catastrophic bearish sentiment on SpaceX (SPCX) post-IPO collapse. Microsoft (MSFT) is widely mocked as a bag-holder trap.
  • Strong consensus: memory/HBM stocks are the only winning AI play; hyperscaler stocks (MSFT, GOOG, AMZN, META) are bleeding despite their AI spending.
  • Key divergence: some traders expect a rug‑pull on MU, but the overwhelming majority sees further upside.
AI Summary

Summary

  • Dominant themes: MU (Micron) hitting ATH, SPCX (SpaceX) cratering, MSFT (Microsoft) bleeding, and a strong “memory trade” conviction (DRAM).
  • Sentiment is MIXED overall: euphoric on MU and memory stocks, deeply bearish on SpaceX and Microsoft, with a side of frustration over bagholding.
  • Key earnings: MU reports Wednesday after close; community expects a massive move but is split on direction (blowout vs. soft guidance).
AI Summary

Summary

  • Main themes: earnings reaction (MU), space stock crash (SPCX), broader market fear of a selloff (“blood bath” after MU, bagholders in mega-caps)
  • Dominant sentiment bearish overall, with pockets of bullish contrarian bets on memory stocks and selected space plays
  • Key earnings discussed: Micron (MU) after-hours report, with implied move uncertain but community split between “triple digits” and “blood bath”
AI Summary

Summary

  • Dominant sentiment is panic and confusion over red futures, with many users anticipating a market drop but also a contrarian "green by open" camp
  • Key tickers discussed: MSFT (multiple bearish comments), MU (mixed, with both warning and sarcastic bullish takes), and SPY (a conditional bullish level at 746)
  • Geopolitical tensions (Iran, Korea) and inflation fears (10% panic) add to the uncertainty, but no strong consensus on a single catalyst
AI Summary

Summary

  • Main themes: Memory stock crash (DRAM -7%, SNDK -5%), KOSPI circuit breaker, broad market fear.
  • Dominant sentiment: Bearish, with panic over overnight losses and Korea’s 6% drop.
  • Notable consensus: Memory/semis are under severe pressure; disagreement: a few users (e.g., u/Heineken_500ml) plan to buy more memory stocks, but they are outliers.
AI Summary

Summary

  • Dominant bearish sentiment on memory stocks (MU, DRAM) and the space-ticker SPCX, with multiple users expressing regret over bullish positions and praising their decision to sell calls or buy puts.
  • A minority of users argue the selloff is a “fake drop” and call for buying the dip, creating a split between bears and contrarian bulls.
  • Key themes include overnight liquidation events (Korea bros), manufacturing cycle tops, and a general tone of panic and loss.
Score 46
Comments 1,083
▶ Full Post Text
Ideas
r/wallstreetbets community Reddit community discussion
Multiple high‑upvoted comments ("MU to $2000", "MU and chill", "Micron 8% again") show near‑universal bullish consensus. Users mock MU bears and compare the stock to an unstoppable force. The community believes memory is the "alpha, omega, god itself" of the AI trade, while hyperscaler customers are getting crushed. This creates a crowded, momentum‑driven opportunity where retail is piling in daily. Buy MU with a very short‑term bias (earnings implied move not given, but community targets $1500‑2000 by end of month). The hype is extreme, but the wave is still going. Several comments warn of a classic top: "still haven't bought MU so it will continue to go up" (reverse indicator), "MU will dump on good earnings", and "every mfer piling into MU, what could go wrong". A sudden pause in hyperscaler capex could trigger a 20% drop.
TICKER LOW
r/wallstreetbets community Reddit community discussion
Thread is filled with bagholder lament (e.g., “Imagine bag holding SPCX lmao”, “SPCX trillion dollar rug pull”, “Space ex still about 50% over valued”). Stock dropped from $230 to ~$150 in days. $400B lost in one bad day. The community sees SPCX as a speculative mania that reversed violently. The “rapid unscheduled disassembly” of the market cap is a clear short signal. Retail trapped, and the stock is still overvalued. Short SPCX at current levels or sell any long positions. The rug‑pull narrative is strong; momentum is decisively down. Expect further decay toward “fair value” (below $150). Elon’s “retarded army” could trigger a short squeeze. Some mentioned a possible bounce after janitors sell. Also, the stock has already fallen 30%+ – some may argue it’s oversold.
SPCX LOW
r/wallstreetbets community Reddit community discussion
Several comments (e.g., “Any small dip tomorrow and ill load up on $100 DRAM yolos”, “You just invest in Memory and get rich”, “When people buy DRAM and earn profit?”). DRAM (likely a memory‑focused ETF or small‑cap) is lumped with MU as part of the memory trade. The memory cycle narrative is spilling over into related names. DRAM is seen as a cheaper way to play the same theme, with potential for outsized gains if MU keeps rallying. Long DRAM on dips, but with caution – the trade is derivative of MU’s success. If MU earnings disappoint, DRAM will suffer disproportionately. Low liquidity or obscure ticker. Some commenters “fumbled DRAM at 50 after the run”. No earnings catalyst of its own. Community is less unanimous than on MU.
DRAM LOW
r/wallstreetbets community Reddit community discussion
META is called “fucking ass” and “absurd” by multiple users. Despite a low forward P/E of ~16x, the stock has been underperforming and is part of the BAG7. The community views META as a value trap – strong net income but facing ad slowdown risk and sentiment-driven selling. “Zuck finally got cucked.” Short META as a high-beta play on big tech weakness, but with lower conviction due to its valuation support. META’s cheap valuation could attract bargain hunters; a surprise earnings beat could reverse the trend.
META LOW
r/wallstreetbets community Reddit community discussion
Many comments (Rabbidextrious, bluen, jraiv420, horse-meat-chalupa) agree SPCX IPO was a pump & dump. Price target $135 fails, "60 is on the table" if underwriters bail. Retail bagholders getting smoked. The community consensus is overwhelmingly bearish on SPCX post-IPO due to lack of fundamental support and typical hype-dump pattern. Shorting into the hype is a classic WSB play. Short SPCX from current levels or near IPO price; target $60 if support breaks. Space-themed speculative bounce; Elon Musk tweets could cause squeezes; "SpaceX boys" long-term holders ignore short-term.
SPCX LOW
r/wallstreetbets community Reddit community discussion
“MSFT down 23% since 6/1”, “MSFT is a first class piece of shit”, “Pieces of shit – MSFT, GOOG, META, PLTR axis of death”. Multiple upvoted comments express sheer frustration and bagholding. The MAG7 leadership has broken; the community believes the “dynasty has ended”. MSFT is failing to benefit from AI while spending billions. The constant down days without news (“random 5% drop”) signal institutional distribution. Short MSFT or avoid long positions. The stock is in a downtrend with no support. If it falls below $355, $300s are possible. Some hope for a bounce (“When the AI bubble pops MSFT will rise like a phoenix!”). Also, the stock could be oversold. Earnings season could surprise to the upside.
MSFT LOW
r/wallstreetbets community Reddit community discussion
Comment "GOOGL calls are a generational wealth opportunity currently" receives +9 upvotes. Contrasts with another comment noting John Jumper resignation cost $210B in market cap. A minority sees the massive drop as a generational buying opportunity, similar to MSFT. The community is split, but the bullish call has decent support. Speculative long via out-of-the-money calls; potential for a sharp reversal if AI fears ease. Leadership uncertainty (Jumper resignation); "Amazon and Google lost 28k today" – real pain; macro headwinds.
GOOGL LOW
r/wallstreetbets community Reddit community discussion
Comment "Hormuz will never close again. Short oil for free money" earns +5 upvotes. Geopolitical tensions in the Middle East are expected to de-escalate. The community believes the risk premium in oil is unwarranted, leading to a short opportunity as supply fears fade. Short oil ETFs or futures; profit from receding geopolitical risk. "Things in the Middle East aren't gonna get any better, only worse" – counterpoint from another comment; oil spikes on any new conflict. Note: Other tickers like AMZN, META, PLTR, Quantum were discussed but lacked strong consensus or actionable direction. Avoided due to low confidence.
WTI LOW
r/wallstreetbets community Reddit community discussion
Multiple high-upvote comments celebrate "memory bubble popped," "DRAM bagholders assemble," and note MU down 7.5%. The community is convinced semiconductor memory names are in a structural decline today, with panic selling and no immediate catalyst reversal. The thread overwhelmingly views MU as a crash victim, making a short-term bearish play aligned with community fear. Some comments expect a V-recovery by month-end; KOSPI historically bounced +10% after a -10% day. TICKER - MSFT - LONG | confidence: 0.65 | sentiment: +0.60 Speaker: r/wallstreetbets community Thesis: MSFT is repeatedly noted as "green" while the market crashes, with comments like "MSFT green is all you need to know" and "can't be real." The stock is acting as a safe-haven tech name, suggesting institutional rotation into high-quality mega-caps during the sell-off. Consensus expects MSFT to hold up or recover quickly, making it a relative-strength long. If the broader sell-off deepens, even MSFT could eventually be dragged down; no explicit catalyst beyond "green." TICKER - SPCX - AVOID | confidence: 0.70 | sentiment: -0.80 Speaker: r/wallstreetbets community Thesis: SPCX (SpaceX IPO proxy) is described as "everyone underwater," "regarded to buy," and "people going broke." The community views this as a disastrous, hype-driven pump that has now collapsed, with no recovery narrative. Strong bearish consensus suggests avoiding any SpaceX-related exposure; the "railgun on the moon" joke underscores absurdity. A contrarian bounce is possible, but thread is uniformly negative with no bullish counterpoints. TICKER - PLTR - SHORT | confidence: 0.45 | sentiment: -0.50 Speaker: r/wallstreetbets community Thesis: A specific comment asks about buying $114 put (June 26 expiry) on PLTR, which receives +7 upvotes indicating tacit agreement. The broad tech sell-off and PLTR's correlation to risk-on names make a put play reasonable, especially given the short-dated expiration. While not a dominant theme, the community validates a tactical short via puts on PLTR for the next few days. Only one commenter; no broader PLTR discussion; PLTR may be less affected than semiconductors. TICKER - SPY - NEUTRAL | confidence: 0.60 | sentiment: 0.00 Speaker: r/wallstreetbets community Thesis: Sentiment split – some bought puts ("1 spy put with my blown up account"), others say "everyone too bearish, time to buy calls," and "buying before you realize nothing has changed." The market is at a crossroad; the community cannot agree on direction, making a neutral/watch stance appropriate. No clear consensus on SPY; volatility expected but direction uncertain. Both sides have vocal supporters – the V-recovery crowd vs. the "half crash" crowd.
MU LOW
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This Reddit post, published June 22, 2026, features r/wallstreetbets community discussing TICKER, SPCX, DRAM, META, MSFT, GOOGL, WTI, MU. 9 trade ideas extracted by AI with direction and confidence scoring.

Speakers: r/wallstreetbets community  · Tickers: TICKER, SPCX, DRAM, META, MSFT, GOOGL, WTI, MU