Look for buying at the end of the month by mutual funds, it's the end of the 3rd qtr
https://www.cnbc.com/2018/09/17/the-last-time-amd-shares-surged-like-this-the-stock-crashed-96percent.htmlgougler08 said:
AMD hasn't broken through that reversal line, so hopefully it will trend down some this week
Look for selloff into the close.Quote:
Stocks traded lower on Monday as increasing tensions between the U.S. and China put potential trade talks in doubt, dampening investor sentiment. Steep losses in some of the biggest tech shares also pressured the broader market.
President Donald Trump said an announcement on U.S.-China trade will be coming after the close on Monday. Trump said he has great respect for Chinese President Xi Jinping, but the U.S. deficit was too big. "We can't do that anymore," Trump said. The comments come after director of the National Economic Council Larry Kudlow told CNBC's Becky Quick that Trump has "not been satisfied" with the trade talks with Beijing.
Prognightmare said:
https://www.cnbc.com/2018/09/17/us-markets-us-china-trade-concerns-rumble-on.htmlLook for selloff into the close.Quote:
Stocks traded lower on Monday as increasing tensions between the U.S. and China put potential trade talks in doubt, dampening investor sentiment. Steep losses in some of the biggest tech shares also pressured the broader market.
President Donald Trump said an announcement on U.S.-China trade will be coming after the close on Monday. Trump said he has great respect for Chinese President Xi Jinping, but the U.S. deficit was too big. "We can't do that anymore," Trump said. The comments come after director of the National Economic Council Larry Kudlow told CNBC's Becky Quick that Trump has "not been satisfied" with the trade talks with Beijing.
Prognightmare said:
Imagine if the announcement were to be that we've made a deal with China instead of more tariffs. The market would explode tomorrow and the shorts get crushed.
gougler08 said:
If AMD could go ahead and reverse that would be great
gougler08 said:
If AMD could go ahead and reverse that would be great
That was expected for awhile now.Rusty_Shakleford said:
Class action suit just announced. I bought in today at 82.
Quote:
U.S. stock futures pared earlier gains after China said it will impose tariffs on $60 billion worth of U.S. goods, retaliation against levies placed on hundreds of billions worth in Chinese imports.
Dow Jones Industrial Average futures were up 17 points after gaining nearly 100 points. S&P 500 and Nasdaq 100 futures were also off their highs.
China's tariffs will go into effect on Sept. 24 and will target more than 5,000 U.S. products. The announcement comes after the Trump administration announced the U.S. will impose 10 percent tariffs on $200 billion worth of Chinese imports, and those duties will rise to 25 percent at the end of the year.
I've got a 9/28 $31 straddle. I would just like a slight reversal.gougler08 said:
If AMD could go ahead and reverse that would be great
UpstateAg said:
Does Amgen keep this going for a couple days? Or Dies it dip back around 200 or below again and repeat the process? Thinking about how I want to trade this.