S&P 500 Elliott Wave Weekly Update - Friday, Feb 6
A powerful short-term rally on Friday, February 6, pushed the Dow Jones Industrial Average well above the 50,000 milestone and sparked a significant rebound in the S&P 500.
Beaten Meat
The stock performance of Beyond Meat (BYND) has transitioned from a market leader to what analysts now classify as penny stock territory.
Alphabet And Microsoft: Billion Dollar AI Bettors
Both stocks have seen weak reactions post-earnings so far, though the reaction to MSFT has been considerably more negative. Extremely high CapEx have been a major driver of sentiment, with both investing heavily in their futures.
