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AI Surge Ending: Only One Category Was Up This Week
Article By:
Lorimer Wilson
Saturday, April 6, 2024 7:00 PM EDT
Six of the 7 categories we cover dropped this week, compared with 3 in March. The data clearly indicates that the surge in this sector is stalling or perhaps is even over.
In this article: AIQ, AMD, ATEYY, FTNT, EQIX, MU, SNPS, PANW, ANET, PSTG, ZS, DELL, RLAY, RXRX, QBTS, RGTI
Fortinet Inc. Elliott Wave Technical Analysis - Monday, March 4
Article By:
Peter Mathers
Monday, March 4, 2024 9:44 AM EDT
We seem to have completed a flat correction in Primary wave 4, and now we see to be on the way to break previous wave (X) high at around TL8 80$. We could either be in wave {v} of 1 or else wave {iv} could be higher degree wave 2.
In this article: FTNT
Cybersecurity Software Stocks Index Only Up 2.3% In February; Now Up 10% YTD
Article By:
Lorimer Wilson
Saturday, March 2, 2024 6:49 PM EDT
The projected 14% increase in cybersecurity spending in 2024 should have a positive affect on stocks in that category and, we hope, at least match the 42% increase of 2023. That being said, the category is off to a slow start in 2024.