#$amd

[dragonflycap]

5 Trade Ideas for Monday: AMD, CBOE, Capital One, Illumina and Microsoft

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Advanced Micro Devices, $AMD, comes into the week at resistance. It has a RSI in the bullish zone with the MACD crossing up and positive. Look for a push over resistance to participate…

Cboe Global, $CBOE, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Capital One Financial, $COF, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Illumina, $ILMN, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Microsoft, $MSFT, comes into the week at short term resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into earnings season and the July options expiration week, saw equity markets exhibit continued strength holding at the highs.

Elsewhere, look for Gold to continue to consolidate in its uptrend while Crude Oil drifts up in consolidation. The US Dollar Index continues to drift higher in the short term move to the downside at more than 3 year lows while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the move higher in consolidation while Emerging Markets continue their break to the upside.

The Volatility Index looks to continue in the normal range making life easier for equity markets to the upside. The charts of the SPY and QQQ are showing strength on both timeframes as they continue to print new all-time highs. The IWM continues to lag the SPY and QQQ in recovery in price but is looking stronger as it moves higher as well. The classic “V” recovery continues to build in all 3 Index ETFs. Use this information as you prepare for the coming week and trad’em well.

[dereckstrades]

What Are the Semiconductors Telling Us Here?

One of the big reasons behind the incredible market strength this year has been the much-touted “A.I. narrative” that has invaded almost every feature of the news cycle. Even coffee shops and tattoo artists are involving A.I. into their business models to the extent that they can get away with. It’s been amazing and strange, even perhaps surreal. Be that as it may, many of the semiconductor…

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[dereckstrades]

The Weekend Review of the Markets: The Three Coming Errors

In this weekend’s article, I will examine a few of the things I have been discussing about the situation locally, and then I will turn to a discussion about the long-term picture. In that discussion on the long-term picture, I will lay out “Three Coming Errors” that I expect market participants to make over the coming 6-9 months, and I believe those 3 errors will govern the structure that unfolds…

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[dragonflycap]

5 Trade Ideas for Monday:  AMD, Check Point Software, Cummins, Capital One and JB Hunt

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Advanced Micro Devices, Ticker: $AMD

Advanced Micro Devices, $AMD, comes into the week pressing up to resistance. It has a RSI rising into the bullish zone and a MACD positive and rising. Look for a push over resistance to participate…..

Check Point Software Technologies, Ticker: $CHKP

Check Point Software Technologies, $CHKP, comes into the week pressing up to resistance and the gap from April. The RSI is rising toward the bullish zone with the MACD about to turn positive. Look for a push over resistance to participate…..

Cummins, Ticker: $CMI

Cummins, $CMI, comes into the week at resistance. The RSI is poking into the bullish zone with the MACD positive and rising. Look for a push over resistance to participate…..

Capital One Financial, Ticker: $COF

Capital One Financial, $COF, comes into the week at support. It has a RSI turning lower with the MACD leveling and negative. Look for a break of support to participate…..

JB Hunt Transport Services, Ticker: $JBHT

JB Hunt Transport Services, $JBHT, comes into the week at resistance. It has a RSI rising toward the bullish zone with the MACD pushing positive. Look for a push over resistance to participate…..

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the second week of June and the last week before the next FOMC meeting, saw equity markets take a breather, digesting the strong finish to the prior week.

Elsewhere look for Gold to pause in its short term move higher while Crude Oil drives towards a retest of the March highs. The US Dollar Index continues to hold just below resistance while US Treasuries move lower. The Shanghai Composite looks to continue the short term move higher while Emerging Markets continue their downtrend.

The Volatility Index looks to remain slightly elevated making the path somewhat easier for equity markets to the upside. Their charts failed to follow through on last week’s strength though, leaving them in consolidation without making a higher high and lacking momentum on the shorter timeframe. On the longer timeframe it is too soon to tell if the IWM, the QQQ and the SPY are reversing or setting up for the next leg lower. Look for more uncertainty and sideways consolidation. Use this information as you prepare for the coming week and trad’em well.

[fivestocksthat]

What Wall Street thinks about 5 top semiconductor stocks

Analysis of target price estimates and analyst ratings for semiconductor stocks, including NVDA, AMD, QCOM, MU and TSM.

[dragonflycap]

4 Trade Ideas for AMD: Bonus Idea

AMD, $AMD, spent 4 months in consolidation after a small bounce from the March low. It the exploded higher to a top in August. It has been consolidating under resistance, with one failed break out, ever since. The price ended Friday at resistance with the Bollinger Bands® turned higher. 

The RSI is rising into the bullish zone with the MACD positive and moving higher. There is resistance at 88.25 and then 94. Support lower comes at 86 and 83 before 79. Short interest is moderate at 3.9%. The stock does not pay a dividend. The company is expected to report earnings next on January 26. The 

December options chain shows large open interest from 82.50 to 85 then again at 80 and 75 on the put side. On the call side it builds to a peak at 90 and remains large through 100. The January chain sees open interest build from 90 to a top level at 75 on the put side. On the call side it builds from 75 to a peak at 100. The February chain is the first to cover the next earnings report. It is still building but has largest open interest at the 75 put and then the 87.50 and 100 calls.

AMD, Ticker: $AMD 

Trade Idea 1: Buy the stock on a move over 88.50 with a stop at 86.

Trade Idea 2: Buy the stock on a move over 88.50 and add a December 88/86 Put Spread ($1.20) while selling the December 96 Call ($1.13).

Trade Idea 3: Buy the December/February 92.50 Call Calendar ($4.65) and sell the December 83.50 Put ($2.15) to lower the cost.

Trade Idea 4: Buy the February 75/90/100 Call Spread Risk Reversal (35 cents).

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link, with special Holiday Sale Pricing.

After reviewing over 1,000 charts, I have found some good setups for the week.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the first week of December, sees equity markets have moved out of consolidation and are showing strength.

Elsewhere look for Gold to continue its pullback while Crude Oil drives higher. The US Dollar Index continues to move to the downside while US Treasuries resume the move lower. The Shanghai Composite looks to continue press against resistance while Emerging Markets trend to the upside.

The Volatility Index looks to continue towards a new lower range making the path easier for equity markets to the upside. Their charts are looking strong again, especially on the longer timeframe. On the shorter timeframe both the QQQ and SPY are starting to break ranges higher with the IWM leading them to the upside. Use this information as you prepare for the coming week and trad’em well.

[itswallstreetpr]

The Dow is Taking a Dip Along With These Doosies

Shares of Altice USA, Inc. (ATUS) opened at $25.75 and are currently trading at $25.56. More than 41,446,099 shares exchanged hands compared to an average daily volume of 5,021,793 shares. At the current pps, the market capitalization stands at 21.093B. Analyst are currently predicting a target of $34.23 for Altice USA, Inc. ALTICE USA REPORTS THIRD QUARTER 2019 RESULTS   Shares of Chesapeake Energy Corporation (CHK) opened at $1.2900 and last traded at $0.88. More than 296,522,895 shares exchanged hands compared to an average daily volume of 58,922,466 shares. At the current pps, the market capitalization stands at $1.527B. Chesapeake Energy Corporation Reports 2019 Third Quarter Financial And Operational Results, Maintains 2019 Guidance And Announces Plans To Reduce 2020 Capital Budget   Shares of Uber Technologies, Inc. (UBER) opened at $26.06 and last traded at $27.05. More than 116,012,275 shares exchanged hands compared to an average daily volume of 11,213,376 shares. At the current pps, the market capitalization stands at $46.348B. The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MGNX, TME and UBER   Shares of Advanced Micro Devices, Inc. (AMD) opened at $36.06 and last traded at $35.98. More than 44,872,598 shares exchanged hands compared to an average daily volume of 57,541,275 shares. At the current pps, the market capitalization stands at $37.394B. AMD Announces Upcoming Investment Community Events   Shares of Micron Technology, Inc. (MU) opened at $48.15 and last traded at $47.65. More than 16,800,206 shares exchanged hands compared to an average daily volume of 20,945,258 shares. At the current pps, the market capitalization stands at $52.596B. Micron Technology Announces Upcoming Investor Event Read the full article