Jim McNeely hit a dead end… He dropped out of high school to care for his sick mother. Then, Madelon Wales put an end to Jim’s plan to marry her daughter. She wouldn’t accept a grocery checker as a son-in-law. The Wales family did toss one crumb Jim’s way, though… They connected him with someone …
Why Russia’s Attack Means West Texas Matters More Than Ever Read More »
If you still have a vintage 1970s “WIN” button, you might be able to cash in today… The buttons were part of a grassroots effort to fight soaring inflation at the time. WIN stands for “Whip Inflation Now.” Officials hoped to raise awareness with the WIN buttons. The idea was that individuals should save more …
The world’s most important investment committee made an odd choice last March… In short, it added an online gambling stock to the powerful index that it oversees. The gambling company was one of the COVID-19 pandemic’s so-called “meme stocks.” Outspoken Barstool Sports founder Dave Portnoy might’ve had some influence, too… Portnoy put the company on …
A $40 Trillion Investment Committee Gambled and Lost Read More »
Russia just sent troops into two breakaway regions in eastern Ukraine… And the U.S. and its allies quickly enacted sanctions to punish the country for the invasion. We can’t predict how things will play out from here. Russian President Vladimir Putin’s next move is unclear. But if you think we’re about to go to war …
It’s easy to trumpet the virtues of value when high-flying tech stocks crash… Cathie Wood’s ARK Invest family of exchange-traded funds (“ETFs”) is the perfect example. These former market-beating ETFs peaked about a year ago… Now, they’re laggards. As my colleague Pete Carmasino noted on February 4, the flagship Ark Innovation Fund (ARKK) is down …
Watch Out Below if You See This ‘Overvalued’ Ratio Combo Read More »
Editor’s note: The markets and our Chaikin Analytics offices will be closed Monday, February 21, to commemorate Presidents Day. Because of that, we won’t publish the Chaikin PowerFeed e-letter. Look for your next issue on Tuesday, February 22. Oil prices are on the rise… And current events suggest that isn’t changing any time soon. Russia …
The Best Hedge Against a Russian Invasion in Ukraine Read More »
Anybody who thought the metaverse would be paradise just got a rude awakening… On February 3, metaverse pioneer Meta Platforms (FB) plunged 26%. It was the social media company’s biggest one-day drop ever – topping a 19% decline in July 2018. In addition to a bad earnings report, Meta projected weaker-than-expected revenue growth in the …
Investing isn’t easy. Don’t let anyone tell you otherwise. Having access to the most powerful analytical tools available helps – a lot. Great investing requires great data and evidence-based analysis. But there’s something more basic underneath that, too… It determines, right from the outset, whether or not an investor will find long-term success in the …
I’m a visual person, so I’ve always liked charts… But back in the late 1960s, my branch manager at Shearson, Hamill wouldn’t let us have them on our desks. You see, investment-banking clients would come through our area. And he didn’t want anyone outside the firm thinking we relied on charts – or the “technicals” …
Teladoc Health (TDOC) was the perfect COVID-19 trade… until it wasn’t. Think about it… The lockdowns meant you couldn’t leave your house to go to the doctor in the pandemic’s early days. Instead, the doctor saw you over the computer. We’d finally stepped into the future… You would set up a brief video chat with …
