Alphabet (NASDAQ:) shares have returned to a major decision zone after Monday’s selloff wiped roughly 5% from the stock and dragged the wider lower. The immediate trigger was renewed concern over Google’s ability to retain top artificial-intelligence talent after senior DeepMind researcher John Jumper reportedly left for Anthropic. However, the decline was not solely about … Read more

Healthcare: Pockets of Alpha

Russ Cohen

We recommend a market-weight position in the . It is down 3.8% ytd, the worst among all 11 sectors, and remains one of the clear laggards of the bull market that began in October 2022 (chart). That underperformance has created selective opportunities. The aggregate sector still lacks a near-term earnings catalyst, carries the second-lowest forward … Read more

Market News

The Technical Backdrop: When Flows Meet a Hawkish Fed

Russ Cohen

Here’s the setup most investors are underrating right now. Over the next two weeks, the tape will trade on plumbing rather than fundamentals. We just cleared the largest options expiration in history. Quarter-end pension selling comes next, and then July 1 reopens the passive-money firehose into a market that already routes forty cents of every … Read more