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ADVANCED MICRO DEVICES

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AMD it's over for the AI hype, time for the work to happen.

SPY I know I was trashing chips earlier but this setup actually looks like it could be quite bullish. Reentered 4/25 $550c at the last minute.

VIX also looks like it wants to gap down. Couldn’t break above $32 again. I still have puts open but I’m suspicious that next week could see bullish price action.

NVDA AMD SOX

tradingview.com/x/eCKMUOkl
Snapshot

AMD Volume is very low because of easter which is coming and lasting 4 days so the big boys are derisking and not doing a lot.

AMD volume is very low this morning 🤔

SPY NVDA AMD SOX Chips will drag this down today. Perhaps the biggest bubble since dot com. People will soon come to the realization that these insane valuations came from Bitcoin mining (Nvidia), covid-chip shortages, and government spending. AI is here to stay but the media has spent the past 3 years hyping it up to justify these outlandish P/E ratios. Chips will soon come back to reality.

SPY spy looks like its finding support.. posted a bunch of charts on my page today if anyones interested! 😛 TSLA NVDA AMD


AMD don’t mind the tariffs just go back up like a good little boy