PepsiCo (PEP) made its way into the tech-heavy Nasdaq Composite Index five years ago… That might sound strange on its own. After all, Pepsi is a soft-drink maker. It doesn’t scream “mega-tech company” to anyone. However, the idea isn’t entirely outlandish. The Nasdaq is tech-heavy, but it’s not only tech stocks. With that said… something …
This Soft-Drink Maker Is Now Masquerading as a Mega-Tech Company Read More »
Cathie Wood is the poster child for this bear market’s ongoing “tech wreck”… And regular readers know we love to call out inconsistencies when we see them. But we do it for good reason… Wood founded ARK Investment Management back in 2014. Her company’s suite of exchange-traded funds (“ETFs”) all seek to capitalize on “disruptive …
The Internet boom was just getting started in the mid-1990s… The tech-heavy Nasdaq 100 Index closed around 570 in December 1995. And by March 2000, it had surged to slightly more than 4,800. That’s a roughly 725% gain in four-plus years. At the time, as a young broker, I was flying high along with the …
The Making of a ‘Tech Wreck’ Is Still Ahead of Us Read More »
When you hear that “the wheels are coming off” in a situation, you likely think figuratively… After all, most people don’t ever expect the wheels to literally come off their cars or trucks. But as we’ll discuss today, one electric-vehicle (“EV”) maker recently had to deal with the possibility of that happening. In fact, it’s …
Don’t Buy This New ‘Virtue Signaling’ Nasdaq Pick Read More »
I hate being the bearer of bad news… But the energy sector is giving off an ominous signal right now. Now, before I go on, I get that this isn’t the consensus view. In fact, our paid publications include several energy recommendations that are still doing well. After all, the energy sector is one of …
This Year’s Best-Performing Sector Looks Ominous Today Read More »
Today, I want to discuss a proven technical pattern that has been around for decades… This signal already played out once this year. Back in March, it helped me warn a group of our paid subscribers about the June low on the S&P 500 Index three months ahead of time. And now… it’s flashing another …
If This Technical Signal Is Right… Look Out for New Lows Read More »
The retail sector should be getting clobbered… After all, interest rates are surging. And people are having trouble keeping up. That’s a recipe for tighter budgets and less spending, right? Well… no. The early data from Black Friday is out. And if the trend holds over the next four-plus weeks, another big holiday season could …
The Power Gauge’s Take After a Record-Setting Black Friday Read More »
With so much doom and gloom in the headlines, it’s hard to get a clear picture… We tend to read negative news. Then, we read some more. And then, even more after that. The mainstream media often feeds into our cravings as well. Each headline is worse than the last one. And they’re all designed …
The Dow Jones Industrial Average isn’t what it used to be… When the Dow launched in 1896, it featured 12 industrial companies. The index covered all types of American industry – including electricity, sugar refining, tobacco, lead, and more. But that’s no longer the case… Over the past 126 years, the Dow’s heavy emphasis on …
Industrials Are Winning… Just Don’t Look to the Dow Read More »
The pain continues for tech stocks… The tech-heavy Nasdaq 100 Index has already lost roughly 34% this year. And of course, tech leaders like Meta Platforms (META) and Amazon (AMZN) are down much more. But that doesn’t mean the worst is over for these stocks… You see, after the COVID-19 panic in 2020, an influx …
