Semiconductor Index Correction Could Be Complete In our June 25 update on the semiconductor index (), we found, using the Elliott Wave Principle (EWP), that “the June 22 high is now labeled red Wave-iii [W-iii], and red Wave-iv [W-iv] is now underway, ideally targeting $10,870 – $11,765” Fast-forward to today: the index bottomed at $11,960 ...
Insiders are selling AI enablers such as Penguin Solutions and , but investors should think twice before doing so. AI is more than a one-company, one-system, or one-ecosystem solution; it is a global network of data, computing power, memory storage, and inference outputs that has yet to be fully realized. While insiders sell these stocks, ...
Several beaten-down large-cap stocks combine attractive valuations with strong rebound potential. Screening favored financially healthy companies trading well below fair value and analyst targets. The Trade Desk and Gartner stand out despite sharp declines and resilient underlying fundamentals. Wall Street delivered a strong first half of 2026. The S&P 500 gained 9.6%, while the Nasdaq ...
Listen to the audio version of this article (generated by AI). Editor’s Note: AI memory stocks have been some of the market’s biggest winners. But after a recent pullback, many investors are asking the same question: Is the opportunity over, or just gently tapping the brakes? That’s the question TradeSmith CEO Keith Kaplan tackles in ...
lived up to its motto, with the Q2 2026 earnings results showing strength, suggesting its shares can Keep Climbing. Drivers include outperformance driven by international demand, overall demand, premiumization, and structural cost advantages, which together provide ample cash flow. The critical detail in the release was the guidance, which forecasts that these trends will continue. ...
Wedbush is making a bold call on memory chip maker . The firm aggressively raised its targets for revenue, earnings, and stock price, citing pricing trends and a high likelihood that management had underestimated the strength. Wedbush hiked its revenue and earnings targets by quadruple-digit basis points, pushed both above consensus, and warned that even ...
Global e-commerce grew up in a comfortable world of cheap shipping, frictionless customs clearance, and predictable consumer demand. That setup has dissolved. By mid-2026, trade policy had become one of the most influential forces shaping international retail margins. Tariffs, stricter border checks, and protective industrial policies are rewriting business models faster than many companies can ...
This market is in a three-way “tug-of-war”—and it’s set up some sweet deals on our favorite 9%+ dividends. The Fed. The White House. Iran. A peep from any of the above and stocks soar (or tank). But we contrarians can see through the short-term fog here. We’re buying this volatility, in part because we’re playing ...
Well, after being away for just over a week, I am officially back. I’m sure everyone missed me. Magically, not much has changed since we last touched base. Even after falling by around 0.8% on Monday, the is still roughly where it was on July 2. However, dispersion remains high, implied correlations remain low, and ...
The highly anticipated U.S. trading debut of SK Hynix (NASDAQ:) delivered on its initial promise by pricing at $158.14 and raising an unprecedented $28.1 billion on July 10. Shares quickly gapped above $170 as early buyers scrambled for exposure to the global leader in high-bandwidth memory (HBM). Gravity quickly took hold. A localized wave of macroeconomic selling ...
