- TickerAMD
- ISINUS0079031078
- ExchangeNASDAQ Stock Market
- SectorTechnology Hardware & Equipment
- CountryUnited States
Market In “Wait-And-See†Phase We started to see waning upside momentum in the S&P 500 last week with the rising wedge breakdown and 2760 support level violation on Tuesday. Despite this, there was no downside follow through the following day as investors digested a new $484B fiscal relief package. This led to the S&P 500 finding support at 2725-2735 which leads us to where we are now -- testing recent highs. We see waning upside momentum and several aspects continue to suggest the S&P 500 remains vulnerable to a pullback, but the market is simply not breaking down. We believe some near-t...
ullish Tape Despite Inconsistencies Despite the bulls still being in control, we have several ongoing concerns and we cannot rule out the potential for a pullback. Below we highlight developments that are inconsistent with a major bottom in equities that suggests the broad equity market is not yet out of the woods. · S&P 500 Short-Term Levels. We continue to respect the bullish tape, however the S&P 500 remains in the 2855-2900 resistance zone while forming a bearish rising wedge pattern. This pattern results in a breakdown roughly 70% of the time. Still, support at 2760 would need ...
A director at Advanced Micro Devices Inc sold after exercising options/sold 81,500 shares at 84.025USD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted...
Global TMT headlines: BT (Buy): Strong set of Q3 results – guidance now looks conservative to us. Alibaba (Buy) FY3Q19 Results: Feed Recommendation May Be Closer to Launching but Near-Term Revenue Deceleration Expected Nokia (Neutral): Good revenues momentum and Gross Margins recovery in the core business. We remain cautious on revenue growth in coming years. Apple (Neutral) 1FQ19: Macro is a small portion of the problem – thesis playing out in full. AMD (Sell) 4Q18 Wrap-up: Quarter in-line, 1Q guide 15% below, FY guide above. Entel (Neutral) reported Q4s last night. Revenue was...
Global TMT headlines: AMD (Sell) Heads Up. VZ (Neutral) 4Q18 Heads Up. Japanese telcos; iPhone Air-pocket – history repeats? Positive for Japanese EBITDA. US 28GHz Auction Ends At Uninspired $703MM; Why the 24GHz Auction Might Be More Interesting. Huawei charged in the US; Pressure on Chinese telcos rising. UI/DRI – German auction credibility building goes on. Capex/auction concerns overblown. Failure to launch: TPG says it won’t build a 4th mobile network in Australia. DTAC (Reduce): Another weak quarter – lack of detailed guidance a concern. LG Uplus (Reduce) Q418 re...
The independent financial analyst theScreener just requalified the risk of ADVANCED MICRO DEVICES (US), active in the Semiconductors industry. As regards its fundamental valuation, the title receives a new star(s) and now shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and can be qualified as risky. theScreener considers that these elements lead to an overall rating downgrade to Slightly Negative while the title remains exposed to strong pressure. As of the analysis date March 5, 2021, the closing price was USD 78.52 and its target price was estimated ...