Micron is technically overbought and not attractive, despite strong fundamentals and price performance.
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TOP 5 STOCKS TO WATCH THIS WEEK
Ricky Gutierrez discusses the market's continued push to all-time highs, attributing it to peace talks regarding the Iran war. He notes the NASDAQ's aggressive opening and highlights the upcoming Federal Reserve interest rate decision on Wednesday as a key event. Big tech companies like Microsoft, Amazon, Meta, and Alphabet are also reporting earnings this week.
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Tickers discussed in this post
Intel is overvalued despite recent price gains, as the company is fundamentally losing money.
Ricky Gutierrez holds AMD for his daughter but believes its current high valuation and rapid gains are unsustainable and advises caution for beginners.
Caution advised on HOOD due to volatility and business model risks ahead of earnings.
Netflix is at a critical support level; waiting for confirmation of a break above or below before deciding on a trade.
ExxonMobil is mentioned as an oil company reporting earnings this week.
Chevron is mentioned as an oil company reporting earnings this week.
Apple is mentioned as a major tech company reporting earnings this week.
Alphabet is mentioned as a major tech company reporting earnings this week.
Alphabet (Google's parent company) is a key big tech stock to watch this week due to its upcoming earnings report.
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