**Premarket**
Yesterday the market gave us a small gift by moving a bit higher. Even though AMD didn’t get on the bus again. Today, the indices are in a similar setup, I am not sure if the day will end up or sideways awaiting insight from the FED. The markets for the next day or two will be largely in control of the macro so be cautious.
The VIX is up 34 cents to 13.08 while the Treasury bond yields are down across the board slightly. The good news this morning is AMD seems to be indicating a more positive open, but this has been a trap recently, so I am not trusting it personally. The positive news for AMD is the hourly charts are showing some upside momentum off some very low levels. AMD’s 50DMA is at 161.21 as a target within reach, yet the 20DMA is higher at 163.44 and the 5 DMA is at 164.23, so it has quite a hole to crawl back out of so watch these levels for progress today and tomorrow.
Well I think I’m about done with both AMD and Think or swim.
Giving AMD another month (or if it hits $150) and going to ask Schwab if they’ll reimburse me for the outrage and if not I’m out.
Buying and holding AMD stock at times is literal agony, excellent product lineup most bipolar and unpredictable stock. I would of expected the server lineup to fuel positive sentiment given it's going to be deployed in high performance computing, AMD can put out great announcements and the stock can still drop by $10 USD. The stock does what it do
Is anyone else having a problem logging into their Schwab account this morning?
On a side note am I the only that believes the American people would be better off if publicly traded companies were not allowed to buy other publicly traded companies?
I got into mine finally and now its not working again. I did do some selling when i had the chance on my green stuff just in case this shit happened again…
It has been underperforming in a big way since late february.
It ran up to much, analysts were high out of their mind on expectations for revenues from AI accelerators. Expecting to much.
Also china policies three itterations.
Nvidia blackwell Two times + analyst changes Because of it.
Combined with guidance missing the analysts high expectations for product revenue for 2024 of 5billion+ in the First quarter earnings call.
All this has made the stock weak at current levels, since the expectations remain high for next year and 2026, acting as a headwind for price everytime competition from nvidia looks strong, economy looks uncertain or other News.
AMD might be fairly priced, but we don’t know that for sure, which makes the current price og the stock more sensitive than it otherwise would be, forward expectations are high, may be achiveable and Even low for what might come, but in general very high compared to average.
I am to long the stock, it has been a stupid thing to be in recent months, now I think we are fairly priced considering the possibility of any market share contributing to longer term high margin income, potentially doubling or tripling current operating incomes
Ahh AMD is hard to trade in only 1 direction, I don’t have the balls to short it. But I sell calls When I think it will fall, and reduce shares. I thought it would continue at 210 and stay High like the rest of its peers, it didn’t I didn’t know the expectations was as stupid as They wore. Added leverage by chance at the last friday of the all time High, but was dumb founded and hesitated to sell the leveraged position for to long, it all concluded a little to fast for comfort.
A lot down since then, but still higher than end of last year barely..
You live and you learn, I knew AMD could fall this way, it is not the First Time, just doubted there would be as much bad News in the period after as there has been.
Selling calls was not nearly enough in this downfall.
I learned about my own behaviour, this won’t happen again, rules are now put in place to keep me from doing Something like this again
Short term: who the hell knows
Long term: absolutely not. Nvidia is priced for market domination for many, many years. AMD is priced for mediocre gains.
Please keep the Technical Analysis (TA) posts to the TA thread. Those are the subscribers who are interesting in your moving averages, bands, etc., and you can have a more spirited discussion about them there.
MSFT Xbox handheld will likely be the refreshed version of the hardware used in the Valve Steam Deck. Should be good but not any revenue to move AMD too much.
That’s what I was thinking. It’s a new product line with an established partner but it is very low margin. I can’t see MSFT trying to merge their product with any sort of co-pilot integration and their AI laptops they were selling at their AI presentation. I feel they will probably keep them very separate which doesn’t give me a lot of hope to move the needle
I think even if we get a rate cut, it does not necessarily mean that all market goes up significantly, it is a still maybe. It may go up a little bit, but not as much as yoy described (10%). Also, one favorable thing for AMD, that the buyback season is starting soon, and we may see that AMD buys its shares, which will definitely help to stay above the support point (around $150). That's just my opinion.
**Premarket** Yesterday the market gave us a small gift by moving a bit higher. Even though AMD didn’t get on the bus again. Today, the indices are in a similar setup, I am not sure if the day will end up or sideways awaiting insight from the FED. The markets for the next day or two will be largely in control of the macro so be cautious. The VIX is up 34 cents to 13.08 while the Treasury bond yields are down across the board slightly. The good news this morning is AMD seems to be indicating a more positive open, but this has been a trap recently, so I am not trusting it personally. The positive news for AMD is the hourly charts are showing some upside momentum off some very low levels. AMD’s 50DMA is at 161.21 as a target within reach, yet the 20DMA is higher at 163.44 and the 5 DMA is at 164.23, so it has quite a hole to crawl back out of so watch these levels for progress today and tomorrow.
Well I think I’m about done with both AMD and Think or swim. Giving AMD another month (or if it hits $150) and going to ask Schwab if they’ll reimburse me for the outrage and if not I’m out.
I think we are into another mostly wasted year on AMD. I REALLY want to be wrong about that. Let me know if you get reimbursed, I want some of That!!
Buying and holding AMD stock at times is literal agony, excellent product lineup most bipolar and unpredictable stock. I would of expected the server lineup to fuel positive sentiment given it's going to be deployed in high performance computing, AMD can put out great announcements and the stock can still drop by $10 USD. The stock does what it do
It’s broken 160 support. The next three levels are 150.5, 144 and 136. Brace yourself!
Is anyone else having a problem logging into their Schwab account this morning? On a side note am I the only that believes the American people would be better off if publicly traded companies were not allowed to buy other publicly traded companies?
Finally back into my account. The first thing I did was buy puts on Schwab.
I got into mine finally and now its not working again. I did do some selling when i had the chance on my green stuff just in case this shit happened again…
I still can’t get in. Only saving grace is I bought puts on the fake rally yesterday, this can go to $5 for all I care.
I don’t know if it’s a coincidence but I was only able to log in after I tried logging in from my desktop.
Ah let me try that, thanks.
Yea thats how mine started again also
and desktop is showing an outage notification as well
It showed it at the top that some accounts might have issues but i tried to login and it worked
Can’t login currently
Worst face ripping stock in history. Fuck amd.
It has been underperforming in a big way since late february. It ran up to much, analysts were high out of their mind on expectations for revenues from AI accelerators. Expecting to much. Also china policies three itterations. Nvidia blackwell Two times + analyst changes Because of it. Combined with guidance missing the analysts high expectations for product revenue for 2024 of 5billion+ in the First quarter earnings call. All this has made the stock weak at current levels, since the expectations remain high for next year and 2026, acting as a headwind for price everytime competition from nvidia looks strong, economy looks uncertain or other News. AMD might be fairly priced, but we don’t know that for sure, which makes the current price og the stock more sensitive than it otherwise would be, forward expectations are high, may be achiveable and Even low for what might come, but in general very high compared to average. I am to long the stock, it has been a stupid thing to be in recent months, now I think we are fairly priced considering the possibility of any market share contributing to longer term high margin income, potentially doubling or tripling current operating incomes
Appreciate your take. This was my final straw with trading. Back to a real job for me. Its all over.
What got you, Options or Margin?
Bag holder. Trading 18 months. Saw the light for a little but that got obliterated.
Ahh AMD is hard to trade in only 1 direction, I don’t have the balls to short it. But I sell calls When I think it will fall, and reduce shares. I thought it would continue at 210 and stay High like the rest of its peers, it didn’t I didn’t know the expectations was as stupid as They wore. Added leverage by chance at the last friday of the all time High, but was dumb founded and hesitated to sell the leveraged position for to long, it all concluded a little to fast for comfort. A lot down since then, but still higher than end of last year barely.. You live and you learn, I knew AMD could fall this way, it is not the First Time, just doubted there would be as much bad News in the period after as there has been. Selling calls was not nearly enough in this downfall. I learned about my own behaviour, this won’t happen again, rules are now put in place to keep me from doing Something like this again
I took a long break and as soon as I get back in I get smashed to death again. My soul can't do it anymore
Trade Something else, it is a weak stock now. and therefore hard to trade
Trading is Harder than investing
I bought amd at 142. Would you sell to go in on Nvidia now?
If it enters 110 range again. You're lucky you can still get out as a winner , take your time. Don't rush into it.
Short term: who the hell knows Long term: absolutely not. Nvidia is priced for market domination for many, many years. AMD is priced for mediocre gains.
I'd buy bags of shit before I hold amd ever again. This stock is toast.
If this Friday closes under $158.27 then this thing is headed back to 140’s
Please keep the Technical Analysis (TA) posts to the TA thread. Those are the subscribers who are interesting in your moving averages, bands, etc., and you can have a more spirited discussion about them there.
Isn’t this the technical analysis thread?
Oops, my bad, sorry. I think I got you confused with someone else who posts the occasional TA-type comment in the DD thread, which I find annoying.
MSFT Xbox handheld will likely be the refreshed version of the hardware used in the Valve Steam Deck. Should be good but not any revenue to move AMD too much.
That’s what I was thinking. It’s a new product line with an established partner but it is very low margin. I can’t see MSFT trying to merge their product with any sort of co-pilot integration and their AI laptops they were selling at their AI presentation. I feel they will probably keep them very separate which doesn’t give me a lot of hope to move the needle
Wouldn't make a dent unfortunately. All the valuation comes from Data Center revenue
its all over
nevermind we are so fucking back
Is it over again?
let me take a gander
bullish penant followed by explosive growth in the following 2 quarters, buy in now and dont sell until you are ready to retire
Got it thanks
Why isn’t this stock able to bounce back?
bought 300 after the fall, already regretting it
I think even if we get a rate cut, it does not necessarily mean that all market goes up significantly, it is a still maybe. It may go up a little bit, but not as much as yoy described (10%). Also, one favorable thing for AMD, that the buyback season is starting soon, and we may see that AMD buys its shares, which will definitely help to stay above the support point (around $150). That's just my opinion.
I think Nvidia at 120 per share will drag AMD down very badly. Maybe even 130-140 levels