You’ve probably heard that the stock market climbs a “wall of worry”… Well, folks… this is what it feels like. I’m sure you’ve seen all the “bearish” headlines about a credit crunch, an impending recession, a sharp drop in corporate earnings, and other cases of doom and gloom. Today, many investors are concerned about the …
Roughly eight months ago, I held a special presentation… My colleague Pete Carmasino had identified a unique way of using our Power Gauge system. And it was perfectly suited to the market conditions at the time… In short, Pete calls this type of buy signal a “tactical turning point.” And it was so perfect back …
Computers changed my career forever… There’s no question about that. After all, when I started on Wall Street in the late 1960s, we drew our charts by hand – that is, if my boss approved of them at all. Today, everything runs on code. From trading systems to children’s toys, computers are everywhere. But until …
I’m guessing many of you are still excited about the AI craze… I am, too. I can’t help it. I’ve spent decades in finance, specifically focused on using computers to generate the highest returns possible. So, when a new computer tool promises to revolutionize the way we work… I take it seriously. And I’m having …
Jerome Powell is trying to get millions of Americans fired. And the chairman of the Federal Reserve isn’t shy about it either… “Labor demand still substantially exceeds the supply of available workers,” Powell said recently in testimony before a Senate committee. That’s Fed speak for “It’s OK if unemployment rises.” That makes sense. The Fed …
The Federal Reserve Hasn’t Crushed Americans Yet Read More »
Elon Musk is furious… If you haven’t heard yet, social media giant Meta Platforms (META) just released its competitor to Musk’s Twitter. It’s a stand-alone app called Threads. And it piggybacks off a user’s existing Instagram account. That means Meta Platforms founder Mark Zuckerberg can funnel Instagram users into the new app. So more than …
The Power Gauge made a very contrarian call a few months ago… You see, in late March, our system flipped to a new “bullish” rating on the S&P 500 Index. That’s important for one reason… At the same time, the professional forecasters thought things were as bad as they could get. These economic pros were …
Editor’s note: We’re giving our employees an extended break to celebrate the Fourth of July holiday this year. So our Chaikin Analytics offices are closed today. The markets and our offices will both be closed tomorrow as well, so we won’t publish the Chaikin PowerFeed. Look for the next issue to hit your e-mail inbox …
This Is Like Sitting In on Private Board Meetings Read More »
A lot of people had high hopes for gold… After all, the COVID-19 pandemic felt like it was ripping the world apart in early 2020. Governments took extreme actions to fight the virus. And central banks around the world slammed interest rates effectively to zero as the global economy shut down. For a moment… it …
Folks, we’re unquestionably seeing bull market signs all around us… In fact, you’ve likely noticed the past few Chaikin PowerFeed essays have led with a similar message. We want to make it clear… The market is full of opportunity right now. But that doesn’t mean every sector and subsector is doing well… Ironically, one subsector …
Ironically, This Subsector Is Destroying Wealth Today Read More »
