Stock Market Mentor on $INTC (Oct 30, 2026)
INTC is a big sell: forecasts came in much lower than expected on a PC-market slowdown, and it had its biggest single-day drop. The speaker would have considered a speculative buy, but the long-term chart scares him; he can easily see INTC fall to $50, though not inevitably.
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But here's the thing: you have to look at Alphabet , Meta, Amazon, and Intel.
Then there's Intel, which dropped significantly today. And remember, this is something I don't know if it's relevant here, but it's worth noting. This was one company, and probably the only one, in which the US has a stake now.
This was the biggest drop in a single day, and their forecasts were much lower than expected because of the slowdown in the PC market.
this is a big sell. I would have looked at this as something to buy for speculation. However, look at... does this chart scare you? I have to tell you, if you're in a buy position, it should be.
I can easily see this stock drop to $50. But I'll say it again, like I said before, am I saying that it's inevitable? No. But that's how I look at the long-term chart.