$AMZN - Amazon Sells Over 13,000 AM4-Compatible CPUs In A Single Month, While Combined Sales Of All Intel CPUs Don’t Even Reach 8,000 -- WCC

Advanced Micro Devices $AMD reports earnings after the close today ETFs that hold it as a top 10 position own ~$66.0B of AMD. Here are the biggest holders: 🥇 $QQQ Invesco QQQ Trust: ~$17.1B 🥈 $VUG Vanguard Morningstar Growth ETF: ~$10.4B 🥉 $VGT Vanguard Information Technology ETF: ~$6.5B 4. $XLK State Street Technology Select Sector SPDR ETF: ~$6.0B 5. $SOXX iShares Semiconductor ETF: ~$4.0B 6. $QQQM Invesco NASDAQ 100 ETF: ~$3.9B 7. $SMH VanEck Semiconductor ETF: ~$3.6B 8. $VONG Vanguard Russell 1000 Growth ETF: ~$1.6B 9. $JEPQ JPMorgan Nasdaq Equity Premium Income ETF: ~$1.4B 10. $MGK Vanguard Morningstar Mega Cap Growth ETF: ~$1.1B 11. $FTEC Fidelity MSCI Information Technology Index ETF: ~$726M 12. $BAI iShares A.I. Innovation and Tech Active ETF: ~$655M

I don't hold trades into earnings reports as it is 50-50 at best. I will hold let it rides as they have lots of cushion and can handle ER pullbacks. A rule I don't break $INTC a good example of a recent holding and selling pre earnings.

Earnings | AMD reports after the US close today (Tue 3 Nov). Also today: US midterm elections and JOLTS job openings at 16:00 CET. For information only. Not investment advice. Trading CFDs on margin carries a high level of risk.

$INTC alone is killing the market. The amount of money that was there with size that is getting killed badly. I wish them well. But the intel trade is a good lense to see things through. For what it’s worth I think we bottom today overall at least for a while. I’m seeing some pain levels I would be puking in some stocks if I was all in margin those tickers.

I feel like we’re seeing a backlash against AI. $GOOGL and $INTC have also taken a hit, and I know I’m probably forgetting others. Still, this could open up some great opportunities—I don’t have expertise in this area, so I’ll just be observing for now.

$INTC had its worst day in history last week. Today there is no bounce and it’s down another 5% INCREDIBLE!

I repeat. $AMD is still expensive. If I have time, I will post why - detailing all the points?

$INTC will bottom at $45-50 Mark my words...