Wait for a dip. AMD is a roller coasterBuddy just texted me and is bullish on AMD based on the new Intel server chips not performing well. Not sure I love a $27 entry point though.
Yeah that is why I dont love the $27 entry point. I bought at $10ish and sold mid $20ish last year. My buddy made over $200k over the last 2 years on AMD so the fact he is bullish tweaks my spider sense.Wait for a dip. AMD is a roller coaster
Well listen to your buddy. Up 1.25 pre market this morning. Some analyst raises the target for AMD to 33. Also raised target price for intel despite 10nm chip delay. Going to be another good year for semi conductors I think.Yeah that is why I dont love the $27 entry point. I bought at $10ish and sold mid $20ish last year. My buddy made over $200k over the last 2 years on AMD so the fact he is bullish tweaks my spider sense.
There are some interesting things going on that seem to have really started with Turkey. Most US Investors will not have a clue for a while but this IS important.
https://www.armstrongeconomics.com/international-news/emerging-markets/the-financial-panic-of-2019/
The distortion in the Yield Curve is building with tremendous force. There are vast bids for US 90-day T-Bills from around the world and no offers. The shortage in US government paper is now being reported to us from Repo desks around the world. There is a MAJOR PANIC into the dollar as emerging markets come under a financial crisis, in part, instigated by Turkey. The government simply trapped investors and refused to allow transaction out of the Turkish lira. Turkey’s stand-off with investors has unnerved traders globally pushing the world ever closer to a major FINANCIAL PANIC come this May 2019.
There are some interesting things going on that seem to have really started with Turkey. Most US Investors will not have a clue for a while but this IS important.
https://www.armstrongeconomics.com/international-news/emerging-markets/the-financial-panic-of-2019/
The distortion in the Yield Curve is building with tremendous force. There are vast bids for US 90-day T-Bills from around the world and no offers. The shortage in US government paper is now being reported to us from Repo desks around the world. There is a MAJOR PANIC into the dollar as emerging markets come under a financial crisis, in part, instigated by Turkey. The government simply trapped investors and refused to allow transaction out of the Turkish lira. Turkey’s stand-off with investors has unnerved traders globally pushing the world ever closer to a major FINANCIAL PANIC come this May 2019.
10 year treasury yield rising... market needs to take a breather. by the way if u are looking for a good crypto play go to sleep for 5 years and when you wake up, give thanks you didn't make a crypto play.
10 year treasury yield rising... market needs to take a breather. by the way if u are looking for a good crypto play for a buy in may stock its brphf. put limit orders in at 1.51; go to sleep for 5 years and thank me later.
im only tellin u bc its too illiquid foe me to mess with being grey sheet an all but it is the best long term hold in the entire sector imo.