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Actionable news in QQQ: PowerShares QQQ Trust, Series 1,

​Weekly Action List for August 22

Weekly Action List for August 22

AMD’s surprise preview for Zen – the 8 core and 16 core – last week sent the stock to the moon. At $8, AMD trades beyond a margin of safety I would find comfortable. Momentum may still give AMD more gains for speculators.

Analysts have a target price of $5.64 on AMD. Its fair value is $4.26.

Valeant (VRX) may make a run to the $29 - $30 per share level. It just...