I think a rotation is in order here. INTC hasn't underperformed this two, and specially AMD like this in a long time. All timeframes look like this might be a bottom in the ratio, so, I'd reccomend swapping your AMD for INTC if you have any, and/or take the pair trade. As you know, I'm 10% long INTC, and also shorting NVDA, but I have no AMD position. The NVDA one will suffice, but I wanted to point this out to investors who might be holding AMD, sell it while it's hot.
Good luck,
Ivan Labrie.
Not
Looks like it's about to turn up.
Not
Doing well here. I'd reccomend covering AMD shorts if you didn't yet.
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