Articles for author: Russ Cohen

Russ Cohen

This Golden Cross Could Send Urban Outfitters to New Highs

was identified through one of MarketBeat’s premier stock analysis tools. The Golden Crossovers screen highlights stocks whose moving averages indicate a potential shift in market momentum. A Golden Cross occurs when a stock’s short-term moving average rises above its longer-term moving average—a technical signal that many investors interpret as the beginning of a sustained upward ...

Russ Cohen

9 Tech Stocks Still Trading Below Fair Value After the US-Iran Deal

The Nasdaq got off to a flying start on Monday following the US-Iran agreement However, valuations remain very stretched in the tech sector, and investors should be selective What are the best US tech stocks that aren’t yet overvalued? The jumped 3.07% on Monday, June 15, closing at 26,683.94, after the United States and Iran ...

Russ Cohen

5 Companies Betting Big on Themselves Through Massive Buybacks

Buybacks are a sign of financial health and confidence in future cash flow. Companies that initiate or expand buyback programs not only affirm their outlook but also provide investors with leverage. Share buybacks are a tax-efficient means of returning capital and aid shareholders by reducing share count. In the best cases, buybacks reduce shares aggressively, ...

Russ Cohen

Fading Volatility Supporting S&P 500 Rally

Stocks rallied sharply as volatility was crushed after news of a deal between the U.S. and Iran eased tensions in the Middle East and allowed to fall. The , which closed around 19 on Friday, traded down to 13.5 on Monday, while the fell to 16. That was really the story of the day. Volatility ...

Russ Cohen

SpaceX Becomes the Market’s New Gravity Well

That can keep working longer than sober people expect. This is by far the most interesting stock story I have ever traded and written about. Not because is simply going up, but because it is doing so with every modern market accelerant strapped to the same rocket: retail obsession, tight float scarcity, mega-cap dreams, options ...

Russ Cohen

The Biggest IPOs in History — and How They Performed

Key Points Some of the biggest U.S.-listed public offerings are names that might surprise you. Just as surprising is how little money these outfits actually raised at the time compared to their current size. Even so, breaking fundraising records in place at the time of their IPOs merits a closer look. 10 stocks we like ...

Russ Cohen

Tesla Forms a Massive Cup-and-Handle Pattern With a $765 Target

Tesla (NASDAQ:) rose alongside on Friday, continuing its rise from Thursday after tailwinds from a potential peace deal between the US and Iran. The chart is now looking very interesting as Thursday’s low looks like a retest of a potential “handle” of a year-long cup and handle formation. For now, markets appear to be risk-on ...