Hubert Senters here.
Let’s take a look at Intel, INTC. It is in drop mode here along with the rest of the market. As you can see it is gapped down into the cloud worked its way all the way through the cloud. And then today it’s going to gap down situation. Don’t mind this. This is just an artifact either my graphics card or TradeStation. I should have to restart it and it goes away but it will drive you bat shit crazy looking at that thing. I’ll give you that.
Anyway, Intel looks like it’s going to continue to drop and probably go to $44.16 and $44 and $42 so $44 to $42 on Intel. It could really get sporty and drop as low as like $36. I don’t think it’s going to do that but that’s a nice looking and a little short it’s ugly.
It looks really sexy to the downside. AMD. Let’s check their competition. Their competition is going down too but they’re not going down at a rate that they are going down so don’t add AMD. I misspoke. And Intel to your potential things that you like to short.
Mark Helweg is doing a special webinar today at noon ‘’How to Profit from Wall Street’s Secret Research without analyzing charts for hours.’’ It’s going to be Thursday, May 9th at 12PM EST. First story here, it’s not funny. It’s sad. If you only knew how many times I’ve missed a plane thinking that at 12AM and 12PM were the same thing. Not funny. My wife still makes fun of me to this day because if I have a flight that leaves at 12AM or 12PM I just can’t take it because I know I will mess it up.
Anyway webinar takes place Thursday, May 9th at 12PM. That’s today at noon. I’m going to HYPERLINK you to this page. Sign up and show up.
Good luck. Hope it helps. I’ll see you on the next video.