How to play the AI-driven ‘blue-collar renaissance’
As artificial intelligence fears grip the white-collar world , Oppenheimer believes that the technology may ignite a “blue-collar renaissance” by driving up demand for the power and machines that will fuel the new technology. Concerns over AI disruption have gripped markets this year, leading to growing concerns about unemployment. Software, in particular, is an industry […]
The Fed will give its latest monetary policy decision Wednesday. How to trade it
No rate cut at the Federal Reserve’s latest meeting is the consensus, but the tone of Chair Jerome Powell’s news conference after the decision on Wednesday is an unknown factor and could have major market implications. “If Powell starts to emphasize that inflation is a risk or any sort of mention of that could have […]
This tech stock is primed for a big move higher. How to trade it using options
The prolonged market dry spell we have endured since February is finally starting to show cracks, revealing some actionable setups as equities try to build a base. That said, with the Cboe Volatility Index still lingering in the 20s, this is not the time to go heavy. Trading volume and frequency must remain strictly controlled. […]
‘Old economy’ stocks look expensive, software screams cheap. How to proceed
Monday’s batch of Wall Street research made one thing clear: More people are starting to throw in the towel on software. While the sentiment makes sense — analysts aren’t blind to the price action and know their posture is out of step ahead of some key earnings reports — one has to wonder whether it […]