Articles for author: Russ Cohen

Russ Cohen

Assessing the SPX Rally: Bulls’ Resilience as Bears Lurk Assessing the SPX Rally: Bulls’ Resilience as Bears Lurk

We meticulously analyze the S&P 500 (SPX) using the Elliott Wave Principle (EWP), seen through the lens of historical price patterns. In our recent evaluation, we projected an upward impulse wave targeting the $5427-53 range, stemming from a specific Fibonacci-based impulse model. However, the index veered off the anticipated path, entering a sideways phase for ...

Russ Cohen

S&P 500 Hits 5,500 Milestone; Nasdaq and Dow Surge S&P 500 Hits 5,500 Milestone; Nasdaq and Dow Surge

Market Highlights and Insights The bellwether S&P 500 index triumphed over the 5,500 milestone, sending waves of enthusiasm rippling through the markets. Both the Nasdaq and Dow Jones Industrial Average surged by triple digits on Tuesday fueled by an uptick in investor sentiment. Market Performance Analysis Investors eagerly absorbed Federal Reserve Chair Jerome Powell’s insights ...

Russ Cohen

Insightful Analysis of Two AI Stocks with Potential to Make Investors Millionaires AI Stocks Set to Make Millionaires

The United States boasts approximately 24 million millionaires, equivalent to the entire populace of Florida. Despite inflation eroding its power, a million-dollar bounty is still a princely sum. What’s the conduit to millionaire status, you may ask? Look no further than the stock market, with artificial intelligence (AI) equities leading the pack. Here we delve ...

Russ Cohen

Nvidia vs. Microsoft: A Clash of AI Titans The AI Investment Chronicles: Nvidia vs. Microsoft

A Tale of Exponential vs. Linear Growth Nvidia and Microsoft emerge as behemoths in the realm of artificial intelligence, benefitting immensely from the AI revolution. While both companies have shown resilience and prowess in capitalizing on AI technologies, a careful analysis of their trajectories unveils intriguing nuances that might tip the scales in favor of ...