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 »
Folks, it’s finally happening… Gold prices are soaring. Now, if you’re like me, you probably remember all the talk about gold during the peak of the COVID-19 pandemic. After all, it was obvious we were entering an inflationary period. And just about everyone knows the refrain – “gold is an inflation hedge.” But gold prices …
Folks, one of the top-level market sectors is in trouble this year… I’m talking about utilities. In the Power Gauge, we track this sector with the Utilities Select Sector SPDR Fund (XLU). And put simply, it’s not going well for this basket of stocks. XLU has lost about 1% since the start of the year. …
What the Power Gauge Says Now About the Market’s Worst Sector Read More »
Fast-food chain Wendy’s (WEN) was in damage-control mode last week… Early in the week, the media picked up on the company’s potential plans to eventually introduce “surge pricing” at some of its restaurants. (Wendy’s CEO used the phrase “dynamic pricing,” which I’d argue means the same thing.) In short, surge pricing is when a business …
