AMD, Fails to Boost

At the time of this post, 7:43 p.m., EST, the effect of AMD’s earnings release appears to be fading (not advice, not a recommendation).

Fading not only for AMD, but for those that rose higher in sympathy: NVDA, TSM, AVGO, and MU, have all given up their sympathetic gains.

Depending on what happens overnight, the SOXX may have re-established its trading channel.

If so, that will be discussed in tomorrow’s update.

Stay Tuned

Charts by StockCharts, TC2000

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