COMMON SENSE SAYS AMD WAY OVERHYPED ON NEW NETFLIX OF GAMING $AMD $NFLX $NVDA $AMZN $AAPL $FB $T $INTC $ATVI $TTWO $MU $EA $MSFT $GOOG $SNE $QQQ
Momentum investors have abandoned common sense and gone mad over a new announcement in the world of video games.
Alphabet’s Google GOOG, GOOG has announced a cloud-based gaming service called Stadia. Stadia is meant to be the Netflix NFLX of gaming. Gamers will be able to stream complex games to their screens without needing consoles or high-powered graphic chips in their computers.
Let’s explore how the momentum crowd is viewing Advanced Micro Devices AMD incorrectly.
Chart
Please click here for an annotated chart of AMD. Please note the following:
• The chart shows there is a strong move in AMD’s stock on the announcement that Stadia will use a custom AMD chip.… Please click here or the title below to read more.
March 20, 2019