In the June 3 update, when the (SPX) was trading at around $7,570, it was shown, using the Elliott Wave Principle combined with market breadth, that “the weight of the evidence points toward a large-degree decline that could last several months.” Fast-forward to today: the index fell to $7,237 on Tuesday and has since rallied … Read more
SpaceX Guide: Everything You Need to Know About the Biggest IPO in History
Russ Cohen
SpaceX begins trading on Nasdaq today under the ticker , targeting a valuation of approximately $1.75 trillion and seeking to raise $75 billion, more than 2.5 times the previous record set by in 2019. The scale alone rewrites the record books. But the more interesting argument for “unique” runs deeper than the headline number. SpaceX … Read more
Is Marvell Stock a Buy After It Joins the S&P 500?
Russ Cohen
Key Points Inclusion in the S&P 500 (SNPINDEX: ^GSPC) is a big deal for a stock. It helps validate a company’s success, and the stock typically gets an immediate boost, as funds that track the index are forced to purchase shares. Marvell Technology (NASDAQ: MRVL) will become one of the newest members of the index … Read more
This Index’s Comeback Is a Lesson in Long-Term Investing
Value Investing and the Importance of Diversification Factor investing can play an important role in maintaining a well-diversified portfolio, especially in today’s market, where a relatively small group of large, growth-oriented stocks has driven much of the performance. At its core, factor investing is simply owning a basket of securities that share a common trait … Read more
The SpaceX IPO Is the Biggest in a Decade. These 2 Stocks Will Benefit.
Key Points The SpaceX IPO is nearly upon us. And investors around the world are grappling with the company’s lofty $1.77 trillion valuation target. Critical to that valuation target is the company’s fledgling artificial intelligence division. SpaceX estimates that its AI division alone is chasing a total addressable market of $26.5 trillion. If true, that … Read more
Applied Digital Is Building a $36 Billion AI Real Estate Empire
recently finalized a 15-year, 210-megawatt lease at its Delta Forge 2 campus, signaling a definitive transition from a high-beta crypto miner to a tier-one digital infrastructure landlord. While retail investors temporarily dumped shares over macroeconomic inflation jitters and near-term debt mechanics, institutional capital recognizes a business holding approximately $36 billion in total contracted base-term lease … Read more