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Editor's Note: Our friend Louis Navellier has been a guest at Mar-a-Lago more than 10 times and manages a $1.1 billion portfolio — including $358 million in AI stocks. He called Nvidia before it went up 44,000%, Apple before it went up 36,000%, and Microsoft before its 60,800% rise. Now he says Trump's new AI project — which just received its official code name — represents the biggest investment event of his 40-year career. Dear Reader, When a little known government project gets a name... It means we're closer to a major breakthrough than most people think. And for investors who get ahead of it, that timing could mean everything. The name is "Golden Dawn." That's what President Trump's team is calling America's new Manhattan Project — but for AI. Right now, behind the razor wire of a secretive government lab in the mountains of Tennessee... 40,000 scientists and engineers are putting the finishing touches on an AI computer 283 trillion times more powerful than today's leading data centers... Spanning a territory larger than the state of Texas... Built to accelerate AI breakthroughs by 36,000%. One government insider working on the project called it "a scientific instrument for the ages." And when Golden Dawn goes live, it will instantly leapfrog every AI model on earth — ChatGPT, Gemini, and Elon's Grok — in a single stroke. The financial implications are staggering. Certain AI stocks will be rendered obsolete overnight... While sending shares of one specific company — the one I've been quietly tracking for months — soaring. I've laid out the full case in a new presentation – including why you need to act now. I even name the company down to the ticker. Click here to watch it now, free of charge. Regards, Louis Navellier P.S. "Golden Dawn" will span more than 700 miles — making it by far the largest AI infrastructure project ever built. When Trump flips the on switch, I believe it will trigger a $100 trillion reset of the AI markets. I'm revealing the one stock at the center of it all. Go here for the details. Today’s editorial pick for you Ulta Beauty Earnings Beat Masks a Stock Searching for DirectionPosted On Jun 04, 2026 by Chris Markoch 
Ulta Beauty (NASDAQ: ULTA) posted a genuinely strong first quarter of fiscal 2026. The market sold it off anyway. Shares of the beauty retail giant fell nearly 5% following the fiscal year 2027 Q1 earnings report, closing at $471.21, despite results that beat on nearly every meaningful metric.
Table of ContentsThe official explanation for the sell-off centered on multi-year guidance that left some investors wanting more. Management held net sales growth guidance flat at +6% to +7% and kept comparable sales guidance unchanged at +2.5% to +3.5%. The company did nudge full-year EPS guidance slightly higher — to $28.36–$28.80, implying 10.6% to 12.3% growth — but not enough to satisfy a market that had perhaps priced in a more aggressive raise. The more honest read, though, may be simpler: the stock needed a reason to move, and a solid-but-steady print wasn’t it. Tech investor Jeff Brown - former senior executive at Qualcomm, Juniper Networks, and NXP Semiconductors - says one chipmaker 148 times smaller than NVIDIA is positioned to supply Elon Musk with 5 billion chips over the next two years. ULTA Chart Tells a Complicated StoryLook at the five-year weekly chart, and a clear picture emerges. Ulta spent most of 2022 through mid-2025 trading in a well-established range between roughly $400 and $550, punctuated by brief excursions in either direction. The run to over $600 in late 2025 and early 2026 stands out as the anomaly — a momentum-fueled extension above the long-term trend that has since been unwinding in orderly fashion. The stock is now trading just above its 200-week moving average near $462, and the RSI on the weekly chart has dropped to 36, approaching oversold territory not seen since the 2022 drawdown. That combination — mean reversion from an extended high, a return to a well-established long-term support zone, and a momentum indicator nearing a washout — is the kind of technical setup that tends to attract contrarian buyers. A recovery toward the $550 area, which represented the upper bound of Ulta’s multi-year range before the late-2025 breakout, would represent a gain of roughly 17% from current levels. That is a meaningful return for a company growing earnings in the double digits, with a loyalty program of nearly 47 million members and broad-based category growth — fragrance in the high teens, haircare in the high single digits, and every other category positive in Q1. 
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