Three months ago, I told Chaikin PowerFeed readers that things weren’t going well for an iconic U.S. automaker… Well, folks, things are still looking rough for Ford Motor (F). You see, at the beginning of the year, the titan of American trucks issued a massive recall. And weak sales numbers for its electric F-150 Lightning …
Ford Could Be Paying Workers $35 Million to Stop Making Trucks Read More »
Gold prices have been breaking through new highs this year… Gold is up about 12% since the start of 2024. That has outpaced the tech-heavy Nasdaq Composite Index’s roughly 8% year-to-date rally. Sure, gold’s big rally this year is impressive. But it’s particularly remarkable because gold is rising in the face of a strong U.S. …
You probably heard this type of criticism a lot last year… “Except for a few tech giants, the market doesn’t look that strong.” At the time, it was true. Yes, the S&P 500 Index spent most of 2023 in positive territory. But the so-called “Magnificent Seven” dominated the market last year. Regular Chaikin PowerFeed readers …
This week, Tim Cook just opened Apple’s (AAPL) newest store… in China. The tech giant is currently facing what could be one of the biggest antitrust lawsuits in history. Yet its CEO was halfway around the world taking care of business. Cook wasn’t in China just to grace the opening of Apple’s second-largest store worldwide …
Apple’s CEO Is Fighting Hard to Win This Market… And It’s Not the U.S. Read More »
Folks, something is changing in the market… If you’ve been paying attention, you know that one thing has defined this bull market. That’s high-flying tech stocks. Over the past six months, tech stocks – as measured by the Technology Select Sector SPDR Fund (XLK) – have soared more than 26%. And that same fund is …
Tech Has Just Underperformed Three ‘Boring’ Sectors Read More »
In the mid-20th century, TV took off in the U.S… Previously, radio had been dominant. But after World War II, TV went on to replace radio as the main way for folks to get home entertainment. In 1946, about 8,000 U.S. households had TV sets. By 1960, that number had soared to 45.7 million. It …
Whether TikTok Stays or Goes, One Thing Is Clear Read More »
Sometimes, being a “leader” just isn’t what you’d hope… On March 11, 2021, fabric and crafts retailer Joann (JOAN) announced its initial public offering (“IPO”) pricing. The company would start trading on the Nasdaq exchange the next day. And it had been roughly 10 years since Joann last traded publicly. The company applauded itself in …
The Power Gauge Saw the Problems at This Industry ‘Leader’ Coming Read More »
Folks, a major change is taking place in the world of biotechnology… We’re entering an era of personalized medicine. That’s where a doctor can order a genetic work-up and prescribe treatment based on the very genetic markers that make you an individual. Beyond that, artificial intelligence (“AI”) is helping in the world of drug development. …
Folks, we’re getting closer to a major shift in the markets… Last Thursday, Federal Reserve Chairman Jerome Powell spoke before the Senate Banking Committee. And he had some choice words about the interest-rate cycle. You see, up until recently, the Fed’s focus was inflation. Powell had made it clear that the central bank would raise …
The bull market is alive and well… The benchmark S&P 500 Index is up 44% from its October 2022 lows. Meanwhile, the tech-heavy Nasdaq Composite Index is up a whopping 59% since its lows later in the same year. And bitcoin is back from the dead. The cryptocurrency is making the gains in stocks seem …
Why This ‘Inflation Hedge’ Is Soaring Despite Lower Inflation Read More »
