It’s undeniable at this point… Stocks are off to a strong start this year. The benchmark S&P 500 Index has soared about 10% so far in 2024. It has made new all-time high after new all-time high. Now, I get that things are looking a bit lofty. And I realize that probably gives you pause. …
Editor’s note: Longtime readers might recognize today’s essay from Marc Chaikin… We’ve published it a couple of times in the Chaikin PowerFeed over the past few years. But as we believe you’ll see, the essay’s message is timeless… In it, Marc explains how a period in his Wall Street career played a big role in …
Apple (AAPL) is not going to disrupt the auto market. The tech giant spent about 10 years on a research-and-development project to make electric and self-driving car. It called the effort “Project Titan.” Now, Apple didn’t formally announce the project. But there have been plenty of rumors over the years. These included numbers of employees …
Apple Is Big Enough to Absorb a $10 Billion Failure 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 »
Editor’s note: If you’re still worried about the market making record highs… Don’t be. The Power Gauge remains “bullish” on U.S. stocks today. And as we’ve said time and again so far this year, stocks hitting new highs doesn’t mean a crash is imminent. You also likely know that we aren’t the only ones who …
By now, regular Chaikin PowerFeed readers know all about my market optimism for 2024… In short, it draws heavily on the “bullish” tendency of stocks in a presidential-election year. The S&P 500 Index made another new all-time high this week. It closed at 5,175 on Tuesday. It’s up about 8% so far this year. Notably, …
I’m Still ‘Bullish’… But Ready for the Next ‘Buying Opportunity’ 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. …
Just four weeks ago, no one had a problem getting their meds… That all changed around February 21. Reports started coming in across the country… Insurance denied. To get your medicine quickly, you need to show the pharmacy your prescription and proof of insurance. But what if you have both – and something out of …
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 …
