Articles for category: Most Popular

Russ Cohen

Is Alibaba Group a Hidden Gem to Buy Amidst David Tepper’s Portfolio? An Investor’s Take Is Alibaba Group a Hidden Gem to Buy Amidst David Tepper’s Portfolio? An Investor’s Take

David Tepper, renowned for his investment acumen, is not just your average billionaire. He’s the force behind Appaloosa Management, steering through market ebbs and flows with enviable success. His portfolio reads like a “who’s who” of the market’s finest, with the Magnificent Seven stocks dominating the ranks. Among them, Amazon, Microsoft, Meta Platforms, Nvidia, and ...

Russ Cohen

Assessing the SPX Rally: Bulls’ Resilience as Bears Lurk Assessing the SPX Rally: Bulls’ Resilience as Bears Lurk

We meticulously analyze the S&P 500 (SPX) using the Elliott Wave Principle (EWP), seen through the lens of historical price patterns. In our recent evaluation, we projected an upward impulse wave targeting the $5427-53 range, stemming from a specific Fibonacci-based impulse model. However, the index veered off the anticipated path, entering a sideways phase for ...

Russ Cohen

S&P 500 Hits 5,500 Milestone; Nasdaq and Dow Surge S&P 500 Hits 5,500 Milestone; Nasdaq and Dow Surge

Market Highlights and Insights The bellwether S&P 500 index triumphed over the 5,500 milestone, sending waves of enthusiasm rippling through the markets. Both the Nasdaq and Dow Jones Industrial Average surged by triple digits on Tuesday fueled by an uptick in investor sentiment. Market Performance Analysis Investors eagerly absorbed Federal Reserve Chair Jerome Powell’s insights ...

Russ Cohen

Insightful Analysis of Two AI Stocks with Potential to Make Investors Millionaires AI Stocks Set to Make Millionaires

The United States boasts approximately 24 million millionaires, equivalent to the entire populace of Florida. Despite inflation eroding its power, a million-dollar bounty is still a princely sum. What’s the conduit to millionaire status, you may ask? Look no further than the stock market, with artificial intelligence (AI) equities leading the pack. Here we delve ...