...the further the rubber band stretches to the upside, the sharper the reversion to the downside is likely to be...

What goes up must come down. Silvant CIO Michael Sansoterra explains why Micron's massive multiple expansion means even a great earnings beat is already priced in.

(Bloomberg) -- US stocks ticked higher as investors looked ahead to Micron Technology Inc.’s results for the next read on whether artificial intelligence spending is living up to…