In a recent update on the semiconductor index (), we showed that, based on historical analyses of the relative strength indicator (RSI) returns for the short-, intermediate-, and long-term, the average returns were -7%, +15-25%, and -8 to -26%, respectively. See Table 1 below. Table 1: Forward returns when the daily RSI5 and 14 are ...
Listen to the audio version of this article (generated by AI). Why Jonathan Rose is bearish on PLTR… triple-digit “Super Signal” wins with Jonathan and Marc Chaikin… Huang’s roaring AI endorsement… the AI stock Luke Lango just upgraded to “Buy” … a new agentic AI pick from Brian Hunt In our May 4 Digest, we ...
Two of the most valuable private companies ever created are heading for the public markets within months of each other. The question is no longer whether investors want them, it is whether the market can absorb trillion-dollar newcomers without blinking. Wall Street has seen mega-listings before. It has never seen anything like what is queued ...
Listen to the audio version of this article (generated by AI). I hope you had a good holiday weekend, folks! Last week, NVIDIA Corporation (NVDA) delivered another quarter of record-setting earnings. I wrote about NVIDIA’s earnings here, but the big takeaway is that the AI boom is far from over. In fact, it’s entering an ...
The AI race is accelerating, and Google is certainly not standing still. At its annual Google I/O developer conference on May 19, Alphabet unveiled a wave of new AI models and products that signal a company moving decisively to keep pace with OpenAI and Anthropic in one of the most competitive technology races in history. ...
Are your holdings on the move? See my updated ratings for 131 stocks. Source: iQoncept/Shutterstock.com Listen to the audio version of this article (generated by AI). During these busy times, it pays to stay on top of the latest profit opportunities. And today’s blog post should be a great place to start. After taking a ...
Google parent needs no introduction, and we’re not going to waste your time with one. The stock’s decline in 2022, attributed to inflation risks and the ChatGPT threat, is a laughably good example of how short-sighted the market can be. Over the following four years, the company’s market cap surged roughly fivefold as it proved ...
(INTU), the financial software provider responsible for TurboTax, QuickBooks, and Credit Karma, is currently experiencing a challenging period. Disappointing tax-season results and slowing growth across major business segments have raised concerns regarding the company’s short-term outlook. The stock has plunged approximately 62% from its 52-week high of $813.70 to its current price near $320 – ...
Merck & Company Inc () has gone from patent-cliff worry to large-cap pharma comeback story. Not long ago, the stock was being valued like a mature drugmaker with one giant problem: Keytruda. Merck’s blockbuster cancer therapy remains one of the most important drugs in the world, but its eventual loss of exclusivity has long raised ...
After three decades of watching market cycles play out from both sides of the trade, I’ve come to a simple conclusion: Wall Street’s love of simple rules is one of the most dangerous aspects of investing. When stocks fall 10%, it’s just a “correction.” However, if they decline 20%, it’s a “bear market.” Simple, clean, ...
