Blog

Russ Cohen

Investor’s Perspective on Amazon Stock Valuation Amazon Stock: A Valuable Buy Opportunity?

Hightower Advisors’ investment strategist Stephanie Link is passionately accumulating shares of Amazon.com Inc (AMZN), and she has a compelling reason for doing so. According to Link, the stock is currently trading at its most attractive valuation in years. The Aesthetics of Valuation: In an appearance on CNBC’s “Fast Money Halftime Report,” Link articulated her bullish sentiments, ...

Russ Cohen

Zuckerberg Vs. Musk: Meta Platforms Rejoins $1 Trillion Club Before Tesla Zuckerberg Vs. Musk: Meta Platforms Rejoins $1 Trillion Club Before Tesla

In 2023, a stampede of investors strutted their way to the financial watering hole, driving technology company NVIDIA Corporation NVDA to a market capitalization of $1 trillion, joining an exclusive club with glee. On Thursday, a former member resurrected itself and outran one of its rivals. Battle of Giants: Early in 2024, a majestic duel ...

Russ Cohen

Navigating the Nasdaq, S&P 500, and Russell 2000 Amidst Profit Taking and Looming Support Test Navigating the Nasdaq, S&P 500, and Russell 2000 Amidst Profit Taking and Looming Support Test

Early buying momentum from pre-market through to morning trading had the potential to stamp bulls’ authority on markets. But by the close, we are again looking at bearish ‘black’ candlesticks for the Nasdaq and S&P 500, with a bearish ‘cloud cover’ for the Russell 2000. For the Nasdaq, we are perhaps looking at an opportunity ...

Russ Cohen

Tesla: A Comprehensive Analysis of the Recent Earnings Dip Tesla: A Comprehensive Analysis of the Recent Earnings Dip

Tesla, the groundbreaking electric vehicle (EV) manufacturer, has recently experienced a noticeable dip in earnings. Dubbed as the “EV king,” Tesla has historically been a market leader, heralding the revolution in the electric vehicle industry. Despite this, the company’s stock has plummeted by over 50% from its all-time high in 2021, raising concerns among investors. ...

Russ Cohen

Ford faces $1.7B Q4 Pretax Charge on Pension Accounting Adjustment Ford faces $1.7B Q4 Pretax Charge on Pension Accounting Adjustment

fredrocko/iStock Unreleased via Getty Images Ford’s Q4 Financial Hit Ford (NYSE:F) is expecting a pre-tax remeasurement loss of $1.7 billion in Q4, primarily due to its pension and other post-retirement employee benefits, OPEB. The remeasurement is anticipated to reduce after-tax net income by approximately $1.3 billion, although it will not affect total adjusted EBIT or ...

Russ Cohen

Spot Bitcoin ETF Approval and Cryptocurrency Market Decline The Ripple Effect: Spot Bitcoin ETF Approval Causes Prices to Decline

The anticipation for the SEC’s decision on a spot Bitcoin ETF stirred up the cryptocurrency market, which had been waiting for the regulatory stamp of approval after Bitcoin’s debut on the Chicago Mercantile Exchange (CME) in late 2017. As the news broke on January 10, 2024, and eight spot ETFs began trading, the market’s reaction ...

Russ Cohen

Market Analysis – Crude Oil and DuPont Shares Market Analysis: Crude Oil on the Rise and DuPont Shares Plunge

U.S. stocks traded higher midway through Wednesday, with the Nasdaq Composite gaining around 150 points, reflecting a broad market rally as positivity spread. Leading and Lagging Sectors Communication services shares surged by 1.7% on Wednesday, contributing to the market’s upward momentum. In contrast, utility shares took a hit, falling by 0.8% in Wednesday’s trading. Top ...