Is AMD Ready to Run Again? (AMD)

 
   
     
   
   
So far, 2026 has been a year of tosses and turns.

One minute, the stock market is doomed. A few hours later, we’re ready for a multi-year bullish run.

Where do we stand now?

The Bulls are back. 

The market is optimistic about rate cuts and great earnings reports from big names. At least, it is for now.

And we’re getting close to making new all-time highs again.

Here’s the chart for SPY:

 
 
Could this turn on a dime? Of course. There are wild news reports coming out constantly. 

But for now, the market is surging upward.

As far as sentiment, the market is feeling good. The Fear & Greed Index has bolted up to 62 (from 51) and is now in Greed mode:

 
 
At the same time, Advanced Micro Devices (AMD) is surging once again.

Here’s the chart:

 
 
The past two weeks have seen AMD make a run for new highs, and it’s sitting right below that breakout level.

Some positive Fed news and a good earnings report from the company could push the stock above $267.08, which could lead to a big bullish explosion.

We’ll keep an eye on it.

Happy trading,
—The ProsperityPub Team

We make no future earnings claims, and you may lose money. From 10/02/24 to 09/22/25, the average win rate was 81.2% on live published trades. The average return on options trades was 3.4% over a one day hold time with an average winner of 24.5%
   
 

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