Woods: Hesitant on MU Rally, CPI Positive Catalyst & 2026 to See "Tempered" Bull Run

Jay Woods is hesitant to how Micron (MU) will react on Thursday's trading session after experiencing a strong earnings rally. His hesitancy comes after Nvidia (NVDA) and Broadcom (AVGO) saw strong post-earnings rallies that faded the following day. He adds that Santa Claus is finally hitting Wall Street in the form of the CPI, with Jay holding cautious optimism to see if "this is the change we need" for the inflation picture. He's optimistic on 2026 continuing a bull run but adds that the run will be "tempered" with Mag 7 leadership in question, guiding for low to mid single digit gains in the SPX.

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