The Federal Reserve’s war against inflation took a wild turn over the past week… In this war, the Fed has taken an aggressive approach. The central bank has raised its key short-term federal funds rate an unprecedented 460 basis points over the past 12 months. And last Tuesday, Fed Chair Jerome Powell said more rate …
Folks, the Power Gauge is telling us to rethink the energy sector… When we mention the word “energy,” most investors typically think about oil and gas prices. From there, their focus moves on to oil and gas producers. But the producers don’t act alone. They need a lot of help from other types of companies …
Everybody knows rising interest rates benefit banks… Well, almost everybody. You see, when it comes to banks, the idea of interest can get complicated. That’s because the word itself does double duty for these institutions… When banks loan out money, interest is an important revenue source. And when banks pay depositors, interest is an important …
Being a “data guy” is endlessly frustrating… On one hand, you constantly hear the mainstream media shout about whatever the narrative of the day is. And on the other hand… you see what the data shows. More often than I’d like, the data doesn’t align with the narrative of the day. That’s happening again right …
Things are looking up in the markets… Sure, we’ve recently experienced some volatility. And the S&P 500 Index is only about breakeven over the past two months. But we’re still a long way from the October bottom. The overall trend is in our favor. And several market sectors are beginning to outperform others… For example, …
Folks, the financial news is full of negativity these days… Most pundits are still calling for a recession or major wipeout. Take a look… But as regular Chaikin PowerFeed readers know, the technical details behind the market today are very different. And we’re already seeing the beginnings of the next bull market. Does that mean …
The Power Gauge Is ‘Very Bearish’ on This Defensive Position Read More »
On February 28, CNBC published the following headline… On the surface, that headline looks bad. “Weakened sharply” sounds horrible. And it seems especially concerning for anyone who recently paid top dollar for a home. But when we dig deeper, we see that it’s not as bad as it seems at first. In fact, the last …
By This Measure, We’re One Month From Inflation Tumbling Read More »
One of Cathie Wood’s “innovative” holdings just got a letter from the feds… The last time it got a letter like that, it ended up costing the company $65 million. So once again, it looks like Wood’s definition of innovation will mean big trouble for shareholders. You see, I agree with Wood that the Nasdaq …
This Investing ‘Video Game’ Is Burning Shareholders Read More »
Deutsche Bank upgraded its outlook for one retailer last Monday, just ahead of earnings… Why do analysts always try to time the market before earnings? It doesn’t seem like a smart bet to turn optimistic on this retailer today, either… Consumer debt is at an all-time high. And delinquencies are rising. Plus, the Federal Reserve …
This ‘Recession Proof’ Retailer Doesn’t Look So Hot Today Read More »
The COVID-19 pandemic crippled the global supply chain… Here in the U.S., we experienced mass shortages in everything from food to cars. And roughly three years later, it’s still hard to find certain items (at affordable prices, at least). For one, semiconductors (or “chips”) are still in short supply… Part of the problem is that …
Uncle Sam Is Spending About $53 Billion to Bring This Industry Home Read More »
