Folks, we’re officially in the final month of the year… That means scores of investors are in the process of making a rookie mistake. Next April, they’ll do their taxes. And they’ll realize they owe money to the government. But the good news is that it might not have to be that way… It all …
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 »
At 4:01 a.m., a 10-foot-high vapor cloud started drifting across the floor… It was roughly 95% propane, 2.5% hydrofluoric acid, and 2.5% other hydrocarbons. It came from a busted pipe joint in the Philadelphia Energy Solutions refinery’s alkylation unit. And a minute later, it caught fire. You don’t need a chemistry degree to know that’s …
We’re Still Feeling This Accident in the Energy Sector Read More »
I don’t need to keep harping on the market’s struggles… Even with its most recent bounce, the S&P 500 Index is still down more than 16% in 2022. And the tech-heavy Nasdaq Composite Index remains in full-on crash territory. It’s down roughly 30% from its November 2021 peak. With stocks down, it means less money …
We’re Nearing the End of the Downturn… But We’re Not There Yet Read More »
Editor’s note: Our Chaikin Analytics offices will be closed this Thursday and Friday for the Thanksgiving holiday. Because of that, we won’t publish Chaikin PowerFeed. Our normal publishing schedule will resume on Monday, November 28. Enjoy the long weekend… With all the volatility of earnings season, it’s refreshing to see some companies doing well… Walmart …
My Favorite Warehouse Retailer’s Outlook Is Strong 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 …
Groucho Marx allegedly once quit an elite club with a telegram… PLEASE ACCEPT MY RESIGNATION. I DON’T WANT TO BELONG TO ANY CLUB THAT WILL ACCEPT PEOPLE LIKE ME AS A MEMBER. Now, I said “allegedly” because Marx was a comedic genius. And it’s clear that he told many different versions of the story over …
This Tech Giant Fails the ‘Groucho Marx Test’ Today Read More »
Two major indexes just made history… The benchmark S&P 500 Index gained 5.5% last Thursday. And the tech-heavy Nasdaq Composite Index did even better. It climbed 7.4% that day. Neither index had surged that much in one day since 2020. And according to Dow Jones Market Data, it was the best “CPI day” performance for …
The Bear Market Ends After the S&P 500 Does This Read More »
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 market rejoiced when the latest inflation update came out last week… As my colleague Karina Kovalcik noted yesterday, the Consumer Price Index (“CPI”) showed a 7.7% year-over-year gain in October. And stocks ripped higher in response. The CPI result was a bit lower than the projected 7.9% increase. And notably, it was also below …
Today’s ‘Robots’ Haven’t Replaced 1980s Investors Read More »
