$Advanced Micro Devices(AMD)$ continues to show an incomplete bullish sequence within wave ((5)), keeping the upside bias intact. As long as 419 holds, pullbacks could offer buying opportunities before the next leg higher.
338.98We are not at $4.95 trillion yet, and I would not want that kind of read at my bank. Summer is winding down and fall is here. For most people, it has felt like fall since midnight. We are heading to $5 trillion soon. Shorts better get ready to move aside because the bulls are taking over.
$Advanced Micro Devices(AMD)$ For AMD to reach a $1 trillion market capitalization, its stock price would need to get to roughly $612.57 per share. Once that milestone is hit, $1,000 per share could be on the table by 4Q.
$Apple(AAPL)$ I don't think the price action was really about the new product reveals. Macro conditions were rough for AI and semis, and tech overall. Meanwhile, Apple is still a revenue and cash flow monster with relatively little CapEx.