My AMD stock was up over $3 today at one point but closed at a .88 cent loss at $94.24
All the many stocks I look at were in the red for most of the day.
AMD wants to go higher especially after a great quarter but there is always a external reason like the large interest rates hikes or China or Russia news or our congress’s insane spending.
I’m predicting the S&P 500 to drop a total of 30% before I buy back into equities. And that’s if it reaches that point soon (in a month or two). It dropped 30% quickly in 1987 (3 months) and 2020 (1 month) and immediately reversed and made nice gains. But in dropped 49% slowly in 2000 (March 2000 to fall of 2002) and 56% in 2008 (Oct 2007 to March 2009) before it started making gains.