Articles for category: Market News

Russ Cohen

Dow Jones Outlook Points to Another Leg Lower Below 48,500

Executive Summary Trend Bias: Down as the may have finalized its first bearish leg lower. Key Level: ~49,989 (start of the bearish wave). After a brief rally, we anticipate a decline to 47,758 – 48,409, and possibly lower levels. While the mega cap stocks are rallying to new highs, DJI is struggling to reach its ...

Russ Cohen

700 Billion Reasons to Stay in AI This Summer

Listen to the audio version of this article (generated by AI). Q1 earnings: fantastic (but with a caveat) … Tech does the heavy lifting… Luke Lango’s “Summer of AI” … one stock from Louis Navellier for a summer surge… nervous about buying Tech today? Don’t be As I write on Wednesday morning, the markets are ...

Russ Cohen

AMD’s Upside Movement Has Just Begun After Years in the Making

It has been years in the making, but is set up to accelerate its revenue and sustain high-level growth for years, as it’s become the spokes to ’s hub. NVIDIA’s GPUs and AI infrastructure offer many advantages and will continue to drive AI. However, Advanced Micro Devices GPUs, specifically the MI450 line to be launched ...

Russ Cohen

The Biggest Myth In the Market Just Broke

Listen to the audio version of this article (generated by AI). In the spring of 1999, Wall Street reached a consensus. The dot-com rally, once the exclusive property of a handful of Silicon Valley darlings, was finally broadening out. Retailers were getting websites. Manufacturers were becoming “e-businesses.” Regional banks were upgrading their software.  But the ...

Russ Cohen

S&P 500 Gains Mask Volatility Disconnect Across Markets

volume on Tuesday was lower than on the day after Thanksgiving. At least based on the data I have, the total volume was just 35.9 million shares. Christmas Eve, a half day, saw 39.5 million shares traded, Friday, November 28, a half day saw 49.2 million shares, and even July 3 saw 51 million shares ...

Russ Cohen

The Backlash to “Train Your Replacement” Begins

Listen to the audio version of this article (generated by AI). The cold math behind Oracle’s mass layoffs… the Prisoner’s Dilemma, live and in person… Luke Lango describes the backlash that could end the AI bull run… Eric Fry with where the smart money goes now… make money before 2028 The layoff itself wasn’t all ...

Russ Cohen

AI Isn’t Done, but the Leaders Might Be

Listen to the audio version of this article (generated by AI). Editor’s Note: 🔊 Prefer to listen? You can now listen to today’s issue. Click the play button above. Most investors assume the biggest gains in a new technology come from the companies that build it first. That’s not usually how it works. My colleague ...