🚨 Stock Market Live: AMD Earnings, Market Rally + How To Make Money Trading – LIVE at 4:10pm ET
Why It Matters
AMD’s robust earnings validate the semiconductor rally, but the group’s caution signals a near‑term correction, highlighting profit‑taking opportunities for traders using AI‑enhanced platforms.
Key Takeaways
- •AMD Q1 beats EPS and revenue, guidance exceeds expectations
- •AMD shares jump to all‑time high, up about seven percent
- •Founder trims Micron after 1,000% gain, citing sector euphoria
- •Semiconductor rally may stall; memory stocks show unsustainable price action
- •True Trading Group uses AI tools, reports 85% long bias today
Summary
The live stream focused on AMD’s earnings release, broader semiconductor rally, and real‑time trading tactics from True Trading Group’s co‑founder Michael Edward Parinati.\n\nAMD posted $1.37 EPS and $10.2 billion revenue, both beating forecasts, and raised Q2 guidance to $10.9‑$11.5 billion, sending the stock to a post‑market high near $368. The group highlighted an 85% long bias across major indices and disclosed a 75% conviction short on Netflix and a 75% short on Palantir, underscoring aggressive positioning.\n\nParinati noted he trimmed a 10% slice of his Micron position at $644 after a 1,000% run‑up, warning that memory stocks like SanDisk and Micron are showing “euphoric” price action that could precede a pullback. He also signaled potential trimming of AMD if it reaches overbought levels, while planning to recycle shares near prior support zones.\n\nThe commentary suggests the semiconductor sector may face a short‑term correction despite current all‑time highs, offering profit‑taking opportunities for traders leveraging True Trading Group’s AI‑driven tools and data partnerships.
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