$Advanced Micro Devices (AMD.US)$$Xilinx (XLNX.US)$$SPDR S&P...
$Advanced Micro Devices (AMD.US)$ $Xilinx (XLNX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
What a peep show AMD/XLNX delivered today. A solid open, then a long fade into the red, followed by a recovery to green and then finish in the red. A great day to NOT watch the "action". The reality is this was to be expected following the impressive 5.62% up day on Monday, giving back .78% today for AMD and 1.13% for XLNX, is normal market action. I ALWAYS just hope for the best and a little more movement in our favor.
The SPY opened the day up but ended the day down a mere .08% and the QQQ ended down .46%. AMD was looking like a decent recovery was in play until the SPY gave up late in the morning. Both AMD and XLNX painted a higher high and low on the daily charts which look intact for continued upward movement to resume on Wednesday.
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