AMD stock has been roaring back to life, up about 17% this week. Can the bulls keep the party going with a major breakout? Read More...
TheStreet.com
I’ve Got a Wary Eye on Intel, and a Few Sector and Index ETFs
Thursday was the day the bulls were looking for, but was the buying a fundamental change in trend or merely another bout of random volatility likely to fade or reverse in the next few days? Beginning with the Invesco QQQ Trust , price exploded higher, clearing all short-term moving averages, the multi-week downtrend and the volume-weighted average price anchored to the Feb. 2 swing high. While nearly 88% of Nasdaq 100 stocks gained ground on Thursday, the bulk of the advance was led by semiconductor names such as Advanced Micro Devices and Intel .
