Technical Take on the Market Investors have been feeling pretty good over the last week as the S&P 500 and other indices have added more than 3% in what appears to be a relief rally. The relief? It comes mainly from the soft jobs report on Friday. That number single-handedly put investors right back into […]
Three Stocks: Microsoft, Nvidia, and Reddit
Microsoft Microsoft (MSFT) is one of the Magnificent Seven stocks that has maintained its value well against the backdrop of recent selling. The software and AI giant remains only 4% from its all-time highs, as the company prepares for its earnings call next week. Historically, Microsoft sees a simple “buy the rumor” rally that averages […]
Three Stocks: CXApp, Micron, and Reddit
CXApp shares of CXApp (CXAI) are trading 150% higher today after the company announced a new partnership with AI giant Alphabet (GOOGL). If you haven’t heard of CXAI before today, you’re probably not alone. This company uses their proprietary technology platform to combine customer experience (CX) and artificial intelligence (AI), thus their ticker symbol “CXAI”. […]
Three Stocks: Reddit, Gamestop, and Nvidia
Reddit Reddit (RDDT) shares are taking a well-deserved break today. The stock is trading 12% lower, as sellers appear to be profit-taking on post-IPO gains of more than 100%. As I always say, there’s nothing wrong with taking profits, especially on gains like that in less than a week. Literally, we should expect to see […]