$Advanced Micro Devices(AMD)$ NOV20 545C in play. Zone: $527.56 to $535.00 Invalidation: close under $514.01 Objectives: $556.79, then $568.62 The math works out to a 4.8% move to the first objective and 7.0% to the second, against 3.3% risk on the invalidation, so better than 2 to 1 to the second target. This is a chip name that fell hard for weeks and then found its footing on Monday, climbing almost 3 percent to close near 531 dollars. The setup is a swing into the November 3 report after the close, and that report is the next big test of whether demand for its server chips is still growing the way buyers hope. If the bounce holds above the Monday low near 514 dollars, the path back runs first to 556 dollars and 79 cents, then to 568 dollar
$Meta Platforms, Inc.(META)$ Circular financing again? $NVIDIA(NVDA)$ AMD. The actual term circular financing was also used for the electricity boom deals back in the 1920s. The core ideas here are solid, but the speed and nature of capital flows, charged with leverage and heavy speculation, have started to rhyme with that period. It feels like giving a kid a gun versus an adult. Long term I'm bullish, but smart money already has a sleeve ready for the inevitable three steps forward, one step back.
$NVIDIA(NVDA)$ For the bears and the clowns out there, just think about it for a second. Do you really want to bet against the two smartest people on the planet?
$Advanced Micro Devices(AMD)$ Riding the AI and semi wave right now. The whole sector is showing strength as compute demand keeps climbing. The datacenter growth story still looks intact. I like the setup here.
$NVIDIA(NVDA)$ $Trump Media & Technology(DJT)$ Trump's latest financial disclosure shows he bought as much as $1.6 million and sold as much as $1 million worth of Nvidia stock in August. The filing came out around the same time he was preparing to give Nvidia CEO Jensen Huang the nation's highest honor for scientific achievement.