It is increasingly looking like the future belongs to artificial intelligence. Two of the hottest stocks in that industry are Nvidia NVDA, and Advanced Micro Devices AMD. The strength of those stocks is largely attributable to the excitement around the artificial-intelligence capabilities of their processors. A key to success in
They’re neutral on FAAMG and FAANG shares, while the momentum crowd is still very bullish. Technology stocks have been hot this year. And excellent earnings are expected when big companies start reporting this week. Given the momentum and aggressive buying by the momo (momentum) crowd, expectations are widespread that earnings
I have been getting a flood of requests from investors for an update on smart-money flows in popular technology stocks. I previously wrote about this on June 15 and June 16. The highest interest among investors is in Advanced Micro Devices AMD, and NVDA. Both stocks have recently had several positive
This post was just published on ZYX Buy Change Alert. AMD has significantly benefited from its chips being used for cryptocurrency mining. NVDA is introducing a platform for cryptocurrency mining. This will increase competition for AMD. Since AMD is meant to be a trade and not an investment, it is prudent to take
This post was just published on ZYX Buy Change Alert. AMD is long from $11.42. It is trading at $13.90 as of this writing. To protect profits, consider moving protective stops on one-half of the position to $13.23 to $13.38, and the remaining half to $12.63 to $12.73. The new target zone is
This post was just published on ZYX Buy Change Alert. AMD is long from an average price of $11.42. It is trading at $13.73 as of this writing in the pre-market. It was bought four trading days ago and there is about 20% gain now. The first target zone was $12.68 to $13.23. Most subscribers should
This post was just published on ZYX Buy Change Alert. AMD is long from an average price of $11.42. It is trading at $12.54 as of this writing. It was bought three trading days ago. The low band of our first target zone was $12.68. Most subscribers may consider taking partial profits right here
Should big technology stocks known as FAAMG or FAANG be bought now that they’re a few dollars cheaper? Or should they be sold now because they’re expensive and upward momentum is broken? Those are the questions investors are asking me. From emails that I receive, many investors have strong opinions
The response to my last column, which warned of an ominous pattern in charts of big technology stocks, shows that while professionals are hedged against a decline, the average investor is full of bravado. The real question The real question for investors is what comes next — bloodbath or bliss.
President Trump’s tweet accusing his predecessor of wiretapping him during the campaign — followed by Barack Obama’s denial — has created a highly sensitive subject for many people. With this type of allegation flying around, investors must be pragmatic and review the hard data without a political lens. This is