has finally gone public and, as expected, there is a lot of excitement around the stock. We are already seeing strong buying interest, with prices pushing higher shortly after the listing. This is quite normal. Most IPOs attract aggressive demand in the early stages as traders rush to gain exposure. However, traders should be careful … Read more
Will SpaceX, Aiming for the Biggest IPO Ever, Soar After June 12? History Offers an Answer That's Remarkably Clear.
Russ Cohen
Key Points SpaceX’s IPO, expected to unfold on June 12, could top $1.7 trillion. The Elon Musk-led company has big ambitions, but to reach these exciting goals, it must invest heavily. 10 stocks we like better than CoreWeave › One of the biggest stock market events ever is just days away. SpaceX’s historic initial public … Read more
After SpaceX, Amazon Could Be the Next Best Space Stock
Russ Cohen
Shares of are trading under $250 this week, down from nearly $275 at the end of last month. The stock has been buffeted by a combination of AI CapEx concerns, a high-profile rocket explosion, and a broader risk-off mood that’s weighed on even the strongest names in tech. It’s been a frustrating sell-off given the … Read more
Warsh’s First Move – And the Test That’s Just Getting Started
Listen to the audio version of this article (generated by AI). The FOMC decision is in … what Warsh signaled … why the market’s inflation relief may be premature … the curveball every new Fed chair faces … As I write on Wednesday in the wake of new Federal Reserve Chairman Kevin Warsh’s press conference, … Read more
Gold Miners’ Correction Has Cleaned Up Excess but Still Lacks Capitulation
The HUI Gold Bugs Index Is Well Along in Its Correction In the precious metals, like other markets, I am usually focused on market internals, especially by way of ratio charts. I am into other aspects, especially about the macro environment in which a given sector or market exists. Indeed, the ratio and ‘internals’ charting … Read more
SpaceX Stock Faces Post-IPO Valuation Risks as AST SpaceMobile, Rocket Lab Rebound
The public debut of SpaceX (NASDAQ:) is officially in the books, and the sheer velocity of the price action caught even seasoned institutional desks off guard. Priced at $135 just days ago, SpaceX quickly re-rated, recently pushing past $225 on intraday volume exceeding 200 million shares. This aggressive accumulation briefly sent it beyond the $2.5 trillion … Read more