Advanced Micro Devices, Inc. AMD

Had I known the rule that applies to every company doesn’t apply to MSFT or GOOG I might have went long yesterday.

Nasdaq is on some special crack today.

Chip bull 280B ✅✅??

https://www.axios.com/2022/07/26/senate-chip-funding-bill-c

If everyone thought today was gonna be 2 to 3% up day I believe futures and prices action would much stronger.

Key is everyone is expecting an up day because of the FED. What if it goes the other way.

Watch all that money that pumped up futures flood out at the open. It’s a game to see if they can build momentum in a direction. Somehow a earnings miss makes stocks go up. We must be in a parallel universe.

Trend is starting in the last 3 trading days lower highs and lower lows in AMD

This little head fake just makes it hurt worse when it drops in the morning.

Earnings will fk the market today
We are about to see the next 20% nasdaq drop

AMD at 50 in this case

Remember in school when teachers used to say “look it up” instead of asking dumb questions. Nobody wants to do a little work instead asking repetitive questions.