Folks, the stock market’s top-performing subsector has a problem… You see, the market isn’t just one big object. It’s made up of thousands of individual companies. And they fall into a variety of categories. Regular readers know that the Power Gauge gives us an easy way to track the market’s 11 top-level sectors. And it …
Sure, the benchmark S&P 500 Index is up around 19% so far this year… But don’t let that fool you. The S&P 500 lost about 20% of its value in 2022. And you’ll likely recall that tech stocks fared even worse. The tech-heavy Nasdaq Composite Index fell 33% last year. So yes, it’s true that …
Folks, we’re just a week away from Black Friday… And two of America’s biggest mega-retailers are once again about to battle it out. I’m talking about Walmart (WMT) and Target (TGT), of course. Together, these two companies accounted for more than $607 billion in consumer spending last year. But if you’ve looked at their stocks …
Boeing (BA) kicked off the Dubai Airshow with big news on Monday… In short, Emirates and flydubai ordered 125 jets from the aircraft maker. The deal is valued at more than $50 billion. As you might imagine, the deal made headlines around the world. And from there, the news got better for Boeing… You see, …
This year’s banking crisis scared the heck out of many Americans… A few, mostly unknown regional banks collapsed in the first few months of 2023. And as the story unfolded, we learned more about their dangerous and tangled bets. But if you’re a regular Chaikin PowerFeed reader, you likely weren’t caught off guard… Chaikin Analytics …
The Power Gauge Spots a Change in Regional Banks Read More »
You might not think chicken nuggets have much to do with investing… That’s especially true for dinosaur-shaped “Fun Nuggets.” After all, they’re made for kids. But this product is a serious business for Tyson Foods (TSN). And unfortunately for the packaged-food producer, that part of its business just suffered a big setback… On Saturday, the …
It’s official, folks… Federal Reserve Chair Jerome Powell is adjusting the central bank’s posture. Powell told reporters yesterday that the Fed is still asking itself, “Should we hike more?” But then, he followed that question with a newly “dovish” statement… Slowing down is giving us, I think, a better sense of how much more we …
After a few rough months, the stock market just crossed an important threshold… Both the S&P 500 Index and the Nasdaq 100 Index are in “correction” territory. In other words, the market is now in a “double correction.” A double correction means the S&P 500 and the Nasdaq 100 have both fallen at least 10% …
The end of the “easy money” era is punishing the car industry… When loans were cheap, buying an overpriced car didn’t seem so bad to most folks. After all, low interest rates made for low monthly payments. But the current environment is a lot different… Like anything else these days, interest rates for car loans …
When Money Is Expensive, Electric Cars Look Like This Read More »
If you’re a news junkie like me, you’ve likely seen the latest report about LinkedIn… The career-focused social media company is laying off nearly 700 people. LinkedIn previously cut about 700 positions in May. So that’s around 1,400 layoffs this year. These moves shouldn’t surprise you… After all, Microsoft (MSFT) owns LinkedIn. The software giant …
