AMD Earnings down 4.7% tomorrow

This is based on my dowsing and is mainly just for my journaling. I'm getting AMD goes down about 4.7% and possibly a little more after earnings (tonight) and I'm asking for tomorrow's move.
This and GOOGL might move QQQs down a decent amount (2.4%), but I don't think it does anything other than suck in shorts who will be squeezed later in the week - Thurs. or Fri. Personally, I want the market to roll over here, but the readings seem more short term bearish (like tomorrow) and then a short squeeze.

Bình luận:

I hate when I get negative energy for these things but they gap first. I haven't figured out yet how to address this potential, but also haven't given it a ton of thought cuz it's just earnings primarily that this happens.
The cool thing though is that you can short it at least for the day after the gap up.