AMD expected to rally strongly from fall through Q1 next year; current weakness dismissed as temporary.
Jump to any passage
Seeing this down 6.6% AMD [clears throat] down over 7%. We might talk about AMD at some point in this video here today, okay?
This one likely has one epic end of the year run, okay? I think a lot of people assume AMD's done for the year. It's gone into hibernation. Watch out. Watch out. Where is AMD going in the next two to four weeks?
Your guess is as as mine. I don't know. Maybe it goes down to 400. I don't know, maybe it goes to 500. Maybe it stays around here 450. I don't know where it goes in the next couple weeks here, but I think it has an epic end of year run, okay?
And you got to understand with AMD stock, this stock is is usually weak. It's weak right now, right? It's clear. Like you look at AMD over the past month or whatever, you know, recently here.
It's a very weak stock. Super recently, right? This stock frequently struggles in late summer into September. What time we in right now? Oh, late summer, right? And so, and then it usually performs best from mid-November through mid-February.
So, the moral of the story is here, as we get out of summer and get into the fall time, do not be surprised if AMD goes on a ripper rally. And I mean an epic ripper rally through the end of the year and into the first quarter of next year.
Does that Once again, does that mean I'm going to place any call options in AMD? Am I going to go buy the stock heavy because it it might go crazy, you know, in the fall time through the winter time?
No. No. I got my position built. I'm good. I don't need to do all that foolishness of trying to time it out perfectly and all that stuff. Who knows, maybe this year is different, right?
Maybe it's just is a weak stock in the fall and into the winter. That's fine as well. Like, I'm not going to trip off that or make my financial decisions based upon what traditionally happens or anything like that.
I'm going to hold strong and I'm going to likely make a ton of money. And um if I want to exit some of my shares, you know, in March of next year, April of next year, I'll exit some of my shares at that point time, right?
But I think we're going to have an absolute ripper rally. And, uh I think the death of AMD stock has been greatly exaggerated. So, get ready for some fun ahead, okay?
What this channel has said about $AMD
Financial Education has 8 calls on this stock; only the adjacent ones are shown.