There’s a reason I don’t get up four hours before the market opens to opine on what’s happening, but I’m afraid my mega-shifted sleep cycle rules the roost, so here I am.
Last night, there were two big earnings announcements: AMD and GOOGL. I was most interested in AMD, since not only do I find Alphabet’s chart to be incredibly boring, but also because I have a block of June puts with AMD. I got a jump-scare at first, since the stock shot up by $6, but for whatever reason (a deeper look at the report, I suppose?) the stock began to poo all over itself, and it is now – – well – – ugly!
Google (sigh, ummm, “Alphabet“) pulled the same stunt. A quick pop up, and then a Pampers pooper.
Both of which have contributed to the NASDAQ undoing its preposterous pop on Tuesday.
Oh, and as long as we’re rhyming, I’m also delighted to announce the “awesome blossom” of precious metals, as silver continues higher and gold, shown below, approaches $2900 for the first time in human history. Stocks down and precious up is what I’m all about!
