$Advanced Micro Devices(AMD)$

$Advanced Micro Devices(AMD)$ There’s honestly no telling how low AMD will go in the next 1-2 months. AMD’s earnings and forecast was lackluster. AMD was completely relying on $NVIDIA Corp(NVDA)$ in hopes of riding its coattails because AMD can’t yet stand on its own two feet. Nvidia is now imploding, and now AMD is riding its coattails downward. Until AMD can deliver blowout earnings and strongly raise forecast it is going to drift aimlessly with the markets, and most likely downward regardless. AMD is red YTD. That’s all an investor needs to know now.

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