There is life beyond the bull market record focus on Wednesday.
AMD Is Pounding Intel
This interesting note just hit our inbox from Jeff Johnston at Arthur Wood:
"As Nvidia (NVDA - Get Report) increases its lead in the graphics market, all eyes are on AMD's EPYC server sales as investors track the company's efforts to reach their market share goals; mid-single digit share by EOY 2018 and double-digit by EOY 2019. And based on our checks, we see no reason to change our long-held belief that AMD is well-positioned to disrupt the server market. We note that EPYC demand from major server manufacturers looks very strong through the end of 2018 as AMD takes advantage of INTC's 10nm issues and security flaws.
TheStreet's @EricJhonsa is fresh off talking with AMD CEO Lisa Su. Read it here, it's on the upbeat side.
La-Z-Boy (LZB - Get Report) shares spiked 13% on a solid second quarter. Couple that with strong results from retailers Walmart (WMT - Get Report) and Target (TGT - Get Report) , one gets the sense the U.S. consumer is poised to spend in a big way this holiday season.
Place your bets accordingly.