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SPX "Pivotal" Opening, AMD Earnings Driver for A.I., Utility Outperformance Signals

SPX "Pivotal" Opening, AMD Earnings Driver for A.I., Utility Outperformance Signals

Schwab Network · Schwab Network

August 5, 20256m 25s

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Show Notes

Kevin Green says trends continue to lean bullish when it comes to the SPX, with 60% of stocks opening in the green. However, any reversal of recent action can put that trend at risk. On the chip trade, Kevin highlights the 3-year trend and highlights the key role AMD Inc. (AMD) will play in the group's all-time high push. He also notes utilities like Constellation Energy (CEG) outperforming tech, which could be bullish for rate cuts but warns investors won't want to see that price action for long.


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