Not a whole lot has happened since my last update. Indices are morphing into trading ranges, minimizing the impact of some of the losses, even losses registering higher volume distribution. The () undercut its 20-day MA on confirmed distribution. Technicals saw new losses in the MACD and +DI/-DI. Next up is the 50-day MA. Such ...
Key Points Netflix’s management has shown discipline, which bodes well for its stock. Microsoft is well diversified, and its AI business is growing especially briskly. Nvidia shares have surged, but its stock still seems appealingly priced. 10 stocks we like better than Netflix › It can be a bummer buying into great stocks after a ...
In the June 12 update, when the S&P 500 () was trading at around $7,422, I showed, using the Elliott Wave Principle, that a bounce to $7,440-7,525 followed by a decline to $6,840-7,075 was expected. Fast-forward to today: the index peaked on June 15 at $7,577, fell to $7,294 on June 26, rallied to $7,551 ...
Key Points Ford Motor Company is repurposing its manufacturing facility to produce battery energy storage systems. FuelCell Energy notes that 90% of its growing sales pipeline is related to data centers. Fluence Energy has partnered with Nvidia to integrate its battery technology into Nvidia’s AI factories. 10 stocks we like better than Ford Motor Company ...
’s Nasdaq listing can not only reset the AI memory trade but also accelerate it. The company is weaponizing Wall Street to ensure it retains its leadership position in the hottest market since the AI boom started booming. With control of approximately 60% of the high-bandwidth memory (HBM) market, which is critical for advanced computing, ...
BridgeBio Pharma BBIO is moving from a launch-driven story toward a broader commercial execution test. Attruby has quickly become the company’s financial backbone, while late-stage pipeline assets could add new revenue streams. The stock’s outlook now depends on whether BridgeBio can scale Attruby, convert upcoming regulatory catalysts into launches and manage risks tied to a leveraged ...
The Middle East ceasefire breaks down… Luke Lango says corrections are a feature, not a bug… his gameplan for where to buy… a contrarian 14% Bitcoin play from Jonathan Rose… As I write on Wednesday, the ceasefire between the U.S. and Iran is over. At least, that’s how President Trump described it. Overnight, three commercial ...
Shares of were up more than 40% in the month ending July 6, after the company announced positive results from its late-stage (Phase 3) trial of its lead candidate, Obefazimod, which is being designed as a long-term maintenance treatment for ulcerative colitis (UC). The rally pushed ABVX nearly to its all-time high of $146.41, set ...
Key Points Alibaba’s stock has plunged nearly 70% from its all-time high. Macro, competitive, and regulatory challenges are compressing its valuation. Investors shouldn’t underestimate the impact of the Trump Administration’s tariffs. 10 stocks we like better than Alibaba Group › Alibaba (NYSE: BABA), China’s largest e-commerce and cloud infrastructure company, set a record high of ...
American Bitcoin Corp (NASDAQ:) co-founder Eric Trump celebrated on X on July 7, 2026, as the company’s treasury surpassed 8,000 BTC, valued at around $504M. The Bitcoin price is trading for around $62,000 at the time of writing. He congratulated the ABTC team despite the company’s shares dropping by -23.2% to close at $6.52 that same ...
