Articles for category: Market News

Russ Cohen

Korea Chases the SpaceX Rocket After Missing the Launchpad

That is the SpaceX debut in one frame. Scarcity was not a footnote. Scarcity was the product. Of course, none of this should come as any surprise to anyone who has followed the Korean café crypto crowd over the years. These are traders who have repeatedly moved markets en masse with almost surgical technical precision, ...

Russ Cohen

Tweezer Top in Equal Weight S&P – Double Top Semiconductors

Back from holiday, and indices flash another round of topping patterns following earlier patterns which were breached, so while one could go short, you don’t want to be holding if pattern highs are breached. While I missed the announcement, the real shocker was the multi-decade lows posted by the Survey – perhaps one of the ...

Russ Cohen

A New Fed Chair Could Rewrite the Playbook for Markets

Today is the big day, with the Fed meeting and Kevin Warsh’s first major press conference as chair. One thing that seems likely is that Warsh will be very different from the Bernanke-Yellen-Powell lineage. Recall that Warsh resigned from the Fed before the completion of his term and was openly critical of the Fed’s use ...

Russ Cohen

Inflation Fears Are Rising. Do You Own the Right Stocks?

Higher energy prices won’t derail the bull market, but they could separate strong stocks from weak ones. Source: shutterstock.com/sweeann Listen to the audio version of this article (generated by AI). Energy prices are stirring up inflation worries – but strong stocks are still separating from weak ones. Consumer and wholesale prices surged in May, and ...

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 ...