No matter the details, Peloton Interactive (PTON) is in big trouble… News reports last Thursday indicated that the fitness-equipment maker would temporarily halt production due to slowing demand. The stock plunged roughly 24% on the day. Almost immediately, CEO John Foley tried to do damage control… He blamed a “leaker” for the reports and called …
The Power Gauge Is All Over Peloton’s Road to Nowhere Read More »
Folks, when I started on Wall Street, we hadn’t yet landed on the moon… That was a long time ago. I’ve learned a lot during my decadeslong career. But the most important lesson I ever learned happened early on… And with the tech-heavy Nasdaq Composite Index hovering around correction territory for the first time in …
I Learned How to Handle Today’s Tech Wreck in 1969 Read More »
I was born too early… Decades ago, many kids’ lives revolved around team sports. If you were a good player, other kids accepted you – even if you were a jerk. Well, I wasn’t made for team sports… My high school football coach had enough sense to cut me before the end of spring practice …
A flurry of new exchange traded funds (ETFs) is hitting the market… In fact, several of these ETFs came out over the past month alone. Wall Street is pitching them as investors’ shields against our biggest threat right now – inflation. And naturally, in return for that alleged protection, it’s asking for a hefty fee. …
Wall Street Is Set to Make Big Bucks off Inflation Read More »
One of my college professors would often respond to students’ ideas by saying… “That sounds good if you say it fast enough.” It’s a way of saying that the idea makes sense if you don’t stop to think about it. But if you give the idea a little bit of thought, you’ll see that it …
My life as an investment professional was very different a few decades ago – before the machines won on Wall Street… Every Monday, the portfolio managers and analysts would gather in the conference room – usually at 10 a.m. – for the investment committee meeting. Our team managed billions of mutual-fund dollars. And our mentor, …
Editor’s note: The markets and our Chaikin Analytics offices will be closed Monday, January 17, to commemorate Martin Luther King Jr. Day. Because of that, we won’t publish the Chaikin PowerFeed e-letter. Look for your next issue on Tuesday, January 18. We’re all human… We all make mistakes. But that doesn’t mean we should accept …
A big difference exists between being wrong… and understanding why you’re wrong. Consider the case of “Larry Smith”… That’s a fake name for a real person with whom I’ve crossed swords over the years on a well-known, investment-focused website. It all started back in December 2011… Larry stated his case for short-selling Amazon (AMZN) in …
Market pundits fixate on round numbers and milestones… I remember “Dow 10,000″… then “Dow 20,000.” The index is well above 30,000 these days… And it could hit 40,000 as soon as this year. Imagine that… “Dow 40,000.” It’s the same story with individual stocks… Pundits love to talk about share prices. They debate when a …
If you’re searching for high yields, you’re bound to look into real estate investment trusts… Historically, they’ve offered some of the most attractive yields in the market. But as we learned in our “prudent yield hog” series a month ago, it’s naïve to just chase high-yielding stocks without doing a little bit of additional work. …
This Stock’s High Yield Is Less Risky Than It First Appears Read More »
