Editor’s note: Regular readers might recognize today’s essay from Marc Chaikin… We first published it back in December. But as we believe you’ll see, the essay’s message is important today… We’ve discussed many times this year how we believe stocks have more room to run in 2024. But despite the S&P 500 Index’s 11% gain …
I’ve written a lot about what history tells us regarding stocks in presidential-election years… Stocks have rallied from June through December during 16 of the past 18 presidential-election years. And they’ve produced an average gain of 10% in those years. A recent study from Bank of America zeroed in on this idea even further… According …
The Great Fire of Rome raged for six days. It wiped out 10 of the city’s 14 districts… Nearly three-quarters of Rome burned before officials got the blaze under control. If you’ve ever heard how Emperor Nero “fiddled while Rome burned”… this is that fire. In Nero’s time, Rome was the world’s biggest city. It …
Investment Opportunities Hide in ‘Boring’ Places Read More »
The latest model of an iconic Japanese sports car turned heads… And not in a good way. In 2022, Nissan launched the newest version of its Z-series car – the 400Z. It’s the seventh generation of the vehicle. The first generation was originally known as the Fairlady Z in Japan. More than half a million …
Absurd Car-Dealer Markups Are Fading Into the Past Read More »
Stocks just went on an incredible five-month run… The S&P 500 Index surged roughly 25% from the end of October through the end of March. That’s the best five-month performance for the benchmark index since 2020. Perhaps more impressively, the S&P 500 didn’t suffer a single 2% pullback in that span. A few catalysts led …
Last week’s inflation data surprised a lot of folks… On Wednesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (“CPI”) report for March. In short, the numbers came in above expectations. So-called “headline” inflation was up 3.5% year over year. And “core” inflation (which ignores food and energy costs) showed that prices …
What the Latest Inflation Numbers Mean for Investors Read More »
The S&P 500 Index has just kept shaking off all the “noise” and churning higher… It made another new all-time high at 5,254 on the final day of the first quarter (March 28). That capped one of the best first-quarter performances in 20 years (up about 10.2%). But then, things got a little choppy… The …
It’s undeniable at this point… Stocks are off to a strong start this year. The benchmark S&P 500 Index has soared about 10% so far in 2024. It has made new all-time high after new all-time high. Now, I get that things are looking a bit lofty. And I realize that probably gives you pause. …
Editor’s note: Longtime readers might recognize today’s essay from Marc Chaikin… We’ve published it a couple of times in the Chaikin PowerFeed over the past few years. But as we believe you’ll see, the essay’s message is timeless… In it, Marc explains how a period in his Wall Street career played a big role in …
By now, regular Chaikin PowerFeed readers know all about my market optimism for 2024… In short, it draws heavily on the “bullish” tendency of stocks in a presidential-election year. The S&P 500 Index made another new all-time high this week. It closed at 5,175 on Tuesday. It’s up about 8% so far this year. Notably, …
I’m Still ‘Bullish’… But Ready for the Next ‘Buying Opportunity’ Read More »
