AMD Longs should really enjoy this green in a sea of red! I predict US market will bounce back. The eastern markets did well... except for the Hong Kong market and those affected by the China crackdown on tech and new socioeconomic restrictions.
Shares of China's two most valuable companies, Alibaba (BABA) and Tencent (TCEHY), slid over the past 48 hours, with Alibaba closing down 6.4% in Hong Kong on Monday and falling another 6.4% on Tuesday. Tencent's declines over the past two days have erased more than $100 billion from its market value.
But I think US market will shrug it off too just like Australia, Shanghai and Taiwan markets did.
And look at little AMD so far.... GO AMD !$AMD(AMD)$
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