Big Picture SPY:
SPY still in an uptrend on the Daily Chart. All time highs. Strong market. We could say is up too much (16.84%) but we are not going to bet on that until the market shows us is weak.
SPY on the 30-MIN chart was testest at 329.45 support a few times – Strong support.
SPY on the 5-MIN chart – Pre-market – shows support at 331.44.
Intraday Fundamentals – AMD
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. Semiconductors have seen a resurgence back into growth as the cyclicality of the segment is turning in its favor.
Avg. Vol: 53.10M
Current Volume: 57.007.188
Short Float: 8.90%
Shares Outstanding: 1.13B
Institutional Ownership: 78.40%
Technical Analysis – Daily Chart – AMD:
Technical Analysis – 5-MIN – Chart – AMD: