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FISV - Fishing for the Void - $38 target
FISV
, 1W
Short
FISV: FISV - Fishing for the Void - $38 target

FISV has reached the top of the exponential channel and is taking a breather below the 50 week MA. This tends to mark a market top, as you will notice from the 2000 to 2002 summit. Back then, there wasn't a huge decline, only a 52% drop. Today we are sat at a much higher multiple, after a comparatively long 13-year bull market. FISV's price to earnings ratio...

AMD - A Mighty Decline... to $18
AMD
, 1W
Short
AMD: AMD - A Mighty Decline... to $18

NOT SO BULLISH CASE AMD today announced decent earnings and had a very good bounce off a small decline recently. Aided by less hawkish noises from the Fed mulling a 'soft landing', the market lapped it up - with AMD rallying almost 10% for the day. The reversal was quick and pronounced. With perhaps more juice to squeeze out of this green lime, it would need to...

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