Can you name the market’s worst-performing sector this year? Even if you don’t get the right answer, I bet you can at least get near the bottom. After all, despite an overall “bullish” setup, the market is still grappling with rising interest rates. For example, mortgage rates are soaring. They just hit a 21-year high …
The Power Gauge’s Take on the Market’s Worst Sector Read More »
Editor’s note: Florida just experienced another massive hurricane landfall… Hurricane Idalia struck near the community of Keaton Beach last Wednesday morning. The Category 3 storm flooded streets, closed several airports, and led to a lot of power outages. Some Chaikin PowerFeed readers might know that both Pete Carmasino and Vic Lederman live in Florida. Fortunately, …
Editor’s note: The markets and our Chaikin Analytics offices will be closed Monday, September 4, for Labor Day. As a result, we won’t publish our Chaikin PowerFeed e-letter that day. Expect to receive your next issue on Tuesday, September 5. Enjoy the holiday. We all know technology stocks are soaring this year… The tech-heavy Nasdaq …
The Second-Best Subsector Should Still Surprise You Read More »
The market doesn’t usually depend on one company’s earnings report… But two nights ago, it did. Several industry analysts told me some variation of, “I’m waiting to see how their earnings play out.” In that instant, it seemed like everyone in finance was watching one company. I’m sure you already know that I’m talking about …
I’ve probably written “tech-heavy Nasdaq” more than a thousand times over the years… After all, the Nasdaq Composite Index is known for its high-flying, tech-focused components. Think about companies like Apple (AAPL), Alphabet (GOOGL), and Meta Platforms (META). But that doesn’t mean the Nasdaq – or even the smaller Nasdaq 100 Index – is only …
The ‘Best of the Nasdaq’ Includes… a Hotel Chain Read More »
Soon after ChatGPT burst onto the scene last year, I went to New York City for work… I was making small talk with someone at a company that’s part of the fabric of Wall Street. And during our conversation, ChatGPT came up… Until then, I had mostly heard about the problems with the generative artificial-intelligence …
“Corporate disaster” doesn’t even begin to describe it… This company’s stock is down roughly 97% from its June 2020 peak. That peak happened just days after it went public. Now, the company’s CEO is stepping down… He said it’s for a “family health matter.” And sure, that could be the reason. I don’t want to …
The Power Gauge NEVER Rated This Loser ‘Bullish’ Read More »
Today, I want to talk about a group of people I admire… They’re some of the hardest workers in America. Their dedication, grit, and productivity are nothing short of inspiring. And now, the Power Gauge is taking notice of their efforts… I’m talking about the employees at small-cap industrial companies. Before we dive in, let …
The Hardest-Working Americans Are Now ‘Very Bullish’ Read More »
Folks, this story is front-page news… But in case you missed it, Fitch Ratings just downgraded the U.S. government’s credit rating. Fitch’s highest credit rating is “AAA.” And now, the U.S. is one notch below that at “AA+.” Credit-ratings agencies’ goofy letter systems always crack me up. But this is serious business… Fitch is basically …
U.S. Credit Downgrade Could Push the S&P 500 up 16% Read More »
Editor’s note: We’re excited to introduce you to our newest addition today… Vic Lederman worked at our corporate affiliate Stansberry Research for the past six years. In that role, he helped financial-newsletter legend Steve Sjuggerud with the True Wealth franchise. And he covered commercial real estate as the editor of True Wealth Real Estate. Recently, …
