Advanced Micro Devices, Inc. AMD shares are trading higher on Wednesday. The company recently reported its earnings. But the move may have temporarily stalled out. The stock has run into resistance at a former peak."Sell at former peaks" is an old adage, and it may prove to be good advice with AMD. That's why it is the Stock of the Day.As you can see on the chart, AMD has hit resistance around $186. There is resistance at this particular level for a reason. It was a peak in March 2024.Some investors and tra ...

Shares of Microsoft Corporation MSFT were little changed during early trading on Monday. But that may not be the case for long. The company is set to announce its quarterly earnings on Wednesday after the close. If they are good, it could be a catalyst that breaks the stock’s resistance and sends it higher.This could be bullish for the broad stock market. This is why we have made it our Stock of the Day.The S&P 500 Index is composed of 500 stocks. It is a market capitalization-weighted index. This means tha ...