← @danieltniles

$AMD

BULLISH2026-06-04
Price around the call
2026-06-04
By horizonMaturing · ~19 trading days to go
1d
+4.9%
5d
21d
Original post
Dan Niles · 2026-06-04

As I discussed on this CNBC interview earlier today with @KellyCNBC @SullyCNBC semiconductor investors should be thrilled today. This is what I posted on X on Sunday night “Over the near-term, the overall market at some point will need to take a breather from increasingly overbought technical conditions. After nine straight weekly gains, the S&P is now up 19% from its recent closing low on March 30th. But I feel like any losses will be contained to the typical ~5% pullback which is typically seen three to four times per year.” But then the $SOXX (semiconductor index) gained 8.5% in just the first three days of this week! Coming into today, I was concerned over the increasing near-term bubble like behavior in the which the SOXX was up a staggering 95% from the market closing lows on Mar

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