With 30 analysts currently covering the stock, Advanced Micro Devices (AMD) has received consensus ratings of 'hold' and 'buy.' The target price range for AMD's stock is between $95 and $150. Based on the previous close of $96.43, it suggests that there may be an opportunity for potential upside in the stock.
We expect AMD to report in line but likely guide Q4 in line to modestly below consensus as it faces headwinds in its embedde...

Sector Rotation
Tech has been killing it in the market this year, thanks to the artificial intelligence boom. The tech sector has lifted the entire market while other sectors have greatly underperformed.
Occasionally, an overheated sector will begin to cool off as investors rotate their capital into underperforming sectors in expectation of a broadening rally or a change in the economy.
Even the NASDAQ announced a special rebalancing later this month, ...

so tired, but so much is going on. Today could be huge. we are at a breakout point. Do we squeeze up? or do we get rejected and fail?
Banks may want to run a little bit and take the markets with it. The Nasdaq is particularly interesting. We are near the year highs and looking to break out of the wedge that has formed.
There are all manor of FED speakers today as well as some manufacturing data. This is mostly meaningless and should lead to nothing more than a burp in the markets. ...