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hi guys welcome to another episode of guys like trouble and today I'm going to just give you a quick update on what's been going on with AMD no much has been going on really it's been kind of quiet I did expect it to be kind of quiet and it is going to be quite the next couple of weeks and then we can out good news every week and it will be all ok so let's start off with AMD so AMD monday was good you can see here it went up by seven percent or something it was really say hi and then on Tuesday came back down again and this was basically monday was when we call a ducati S&P 500 I mentioned it in my last video that stocks would be up but I did happen but then it lost that on on Tuesdays and on Wednesday is back up against we got still half way about 2% I think it's a four percent and down by two percent and up by two percent and then down again and then here we've gone below lost folder games on Friday the issue was that we had the health care bill in the US which was going to pass it was the same on thursdays vs meant to pass on thursday and then what happens is they postponed it then it's meant to pass on friday you know they went to vote on it and then they pull it all right so this is where the bulletin equals back up again so this was to do with the i think the US government all the the crop is they're going to but the good news is that they did it say they're going to move on from there on the healthcare go and they're going to just concentrate now on the tax reform so okay in the new tax reform but through and all the rest of it so that's good news so if the tax reform just go through that means it may be less taxes for companies and that's AMD and so they'll be more money and they'll show up in the balance sheet and so the stock should go so that's a good sign so anyway that's been the the week so spin up a lot of law I I could have gone gone into anything else I suppose but I took a dish another one I knew that was going to go this week you know that was a good percentage chance is going to go up so it was a micro technologies this one basically dad earnings earnings were on on the clothes on Thursday now the issue with this was I'll just show you this so that was a news story that they had increased the price margins using the margins to make on the make like memory computers so dear um and so on and they be increasing margins earlier so there was a good chance that they're gonna have a you know a good for the canal good earnings but the problem I saw this is as I see you this is this suddenly scary to this so the earnings before these are brisk tea urn is he the estimated earnings in the extra learning so if you see here the losing money losing money yeah the beat earnings there so they would have you know stock token up there and there to be an go to go home and the beat earnings there and they are in profit which is pretty good but the this was the expectation this is given this is the expectation so the expectation is way up there and I thought if they miss it by even a little bit this talk is they might come down so you know that's why I didn't go into it but as you can see with the sub pricey of an oak goes up I i think a total of twelve percent and then because of the health care bill nor the rest of it yeah because friday should have been a good day for this stock so after the close on thursday it went up because of the cool earnings and they be and it's not only the beat earnings but that good for guidance so I went up by ten percent and then early part of friday yeah it was open at a couple of cents on twelve percent in tall or the inter set of thing and then it's got to come down and the reason for this is again you know you can see here the if all because of the US and they help healthcare thing so I just this is crazy and stupid right but the volume look at the volume was it was like four times the volume that's the average volume 46 million shares 103 million shares so it'd be interesting at the volume but i think it's just outside or is it events were affecting it only shows you you know even with a complete as be expectations that has beat the high expectations that was free hard and had good for guidance I still it ends the day only seven percent up right and it will show you how outside events can really affect the stock market means this you shouldn't be like that you shouldn't beat it out extent you know you had that that good of a corny but the good for guidance and you know doesn't matter what anyone says you should have amazing upside in the next couple of days at least but nothing you know it's just killed it so I did read a new story saying that you know stock market could be held hostage by the administration the Trump administration all the rest wait I hope is not true and I hope they they lose up that power to do that but at the same time the positive is whenever to take positive action which they are going to be doing in the future you know hopefully affected in a positive way so anyway moving on or we got so we do not once micro devices so this was the health care bill here so he says stocks closed mixed after house pose health care bill I I did listen to the conference call I think Paul Ryan gave the conference call i listen to that I need you to say that we are decision a sign of things to come you know just because we can't pass the health care bill doesn't mean that we can't pass other things so I think they can move forward and he said we'll be looking at a movie for the tax I said there already he'd already spoken to the administration earlier in the day about tax reform so and there's a lot of consensus on tax reform you know a lot more support on there that's all good news and that means it'll go so next and what else is there so we called new cover that let's see what else Tesla so despite the stop pin down everyone else right okay so building somewhere tesla went up you know i think this is just because it's a cop stock and it's you know whenever there is any kind of news or anything smaller on tesla you know on the CEO anything it just goes up so again i waited for that want to come down mobile i got bought out I think of last week as i mentioned that again it went up later absent they know that was going to happen so I don't blame myself not being in their house in their last year could have made some money today last year who else is there so intel bought mobile i basically I've got them on my list the video really nope but again is a family involved what happened with the amt as well so you can see where it was hope EMB was similarly up at the start of day and then again you know it crashes down because of the health care thing you know this was at the time of the vote was coming and then they pulled a ton of Google so this is the thing but I think you know there was a lot of questions going through my head I was talking to other investors as well at the same time that they should we stay in over the weekend or should we pull out our money and then go I thought I said the same thing is whether it's good news bad news right let's say this bad knees normally opposite if it's bad news there's a big sharp decline and then within the next couple of days people come to their senses and think oh it's all right and then it starts to go back oh so because of the weekend taught by Monday it was a clear the air but instead of losing before it just pulled the bill which means i'll introduce it somewhere down the line I think they'll do in 2018 now because i read somewhere that they get two chances i forget what the exact wording is for together to chances and the degree at one chance a year to amend the bill right and put it through Congress so that's what they were doing they weren't going to completely scrap Obamacare that we're going to amend it and put it through so that so that they only get one chance like that in a year and they were going to do the tax reform in 2018 because if used up their one chance in 2017 and put the health care bill through but now that they're not going the health care bill through they they might I think they lose it for the tux so we'll get the tax reform done in 2017 and 2018 positive be health care bill so anyway that's everything for me I don't see anything else and i'll see you guys next time these videos are getting shorter sure there's not much going on it's just going sideways generally speaking and i just go on the monthly chart and just to illustrate that so monthly three monthly chart so this is what's happening so this was the peak came down when i came down see because he's kissing out yeah it's like a heart monitor no it's not like she's freezing out is going sideways but i expect it to take off on monday mondays always okays and then after that we cooking is out because there's not there's no news as far as i know for the next couple of weeks there was the rise in five launch I think that's coming up on this have a look-see yeah that's just me i want to go get nicer on the fifth put my money in class in my UK savings if it so on the 11th horizon was due to launch so that was start good news that week length of April but there was I'd read the news report where they had delivered already the CPUs to swaps in Europe and some of the shops had sold the cpu the rise of my gps by mistake so that's a big blunder so far but good for us because if there is bad news about the you know benchmarking and all that kind of stuff is back to get gradually you know if you get it piece by piece and then it can be dissected and takes over the next three three weeks or so and responses and you know all that kind of stuff how many are the official launch and then it's not as huge but then when the stock goes up it's more gradual thing instead of going up shop and walking down I'm going to try to have a gradual or put friend with the stock another one I i was surprised about another stop cause facebook you know Facebook last year I it went down from I think 334 23 26 it's on my I lost ten percent a lot i fear due to bad for guidance but then I look at it it's crazy now you know it's 140 and that's been gradually ticking though right but they've got nothing going so now I think you'll be next year till half because they've got the VR headset thing coming along and this yet this can take over here to get that through again with retailers one wait until next year because that's when the numbers really come on I think a lot of people notice in verse we hanging on well I expect livestock to go down and then I'll buy that below 200 and that's my plan anyway I hope it goes below 200 so maybe I mr.
boat I hope you haven't but that's it so anyway guys that's going to be it for today I hope that was informative and if you would like me to comment on either stock or anything else just let me know in the comment section below so please like subscribe and comment so see you next time guys ending up
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