Editor's note: The markets and our Chaikin Analytics offices will be closed Monday, September 7, for Labor Day. As a result, we won't publish our Chaikin PowerFeed e-letter that day. Expect to receive your next issue on Tuesday, September 8. Enjoy the holiday.
Editor's note: The markets and our Chaikin Analytics offices will be closed Monday, September 7, for Labor Day. As a result, we won't publish our Chaikin PowerFeed e-letter that day. Expect to receive your next issue on Tuesday, September 8. Enjoy the holiday.
A Global 'Blue Screen of Death' Before 22% Gains
By Ethan Goldman, analyst, Chaikin Analytics
In 2024, a "blue screen of death" cost Fortune 500 companies about $5.4 billion...
This catastrophe went down as the largest IT outage in recorded history.
Governments and private businesses across the world watched their computer systems crash – and fail to restart.
These disruptions hit airlines, hospitals, emergency services, and even the stock market.
Impacted businesses bled money every minute the issue dragged on.
Users see this infamous blue error screen when experiencing a fatal crash of Microsoft's (MSFT) Windows operating systems.
Now, Microsoft wasn't to blame for this global software failure. Instead, the glitch stemmed from a popular software vendor.
This vendor sends frequent updates – sometimes even multiple times a day. And that day was no different.
There was no reason to believe this update would cause an issue.
But this time, a single-digit discrepancy brought the world to its knees...
You see, a specific part of the software called for 21 inputs. The latest update only supplied 20.
This seemingly minor mistake caused a domino effect that led to a system-wide failure.
When the "blue screens of death" stopped, the real culprit emerged. As you can imagine, Wall Street ran as fast as it could from its stock...
While investors chase the latest IPOs and AI headlines, 60-year Wall Street legend Marc Chaikin says the real opportunity is in the rare market extreme happening right now – the same phenomenon that has been credited as the "hidden engine of alpha" behind the fortune of one of his former clients, billionaire Steve Cohen. According to Marc, it could hand you hundreds or even thousands of dollars in as little as seven days (and it's not options, crypto, or anything you've likely considered before). Learn more here.
Whitney Tilson's calls in 2000, 2008, and 2020 made history. He earned millions of dollars following the "tech wreck." Now, he says the opportunity that made his name is opening again after 27 years... And he wants to show you how to take advantage. Click here to learn more.
The 'Smart Money' Fled This Stock at First
The company behind the error was the popular cybersecurity firm CrowdStrike (CRWD).
CrowdStrike's stock was already down roughly 13% from recent highs prior to the debacle. After, it fell another 36% in two weeks.
During the plunge, the Chaikin Money Flow indicator was deep in the red. Within weeks, the Power Gauge downgraded CrowdStrike's rating to "bearish" for the first time in 2024.
Take a look at CrowdStrike's price action in 2024...
Folks, that's a painful loss for investors of any size...
Fortunately, the weakness didn't last for long. On October 2, the Power Gauge caught a constant stream of institutional investors buying back into CrowdStrike.
This support pushed CrowdStrike's share price higher. By the end of 2024, CrowdStrike had almost gotten back to its earlier high. Shares grew 22% in the three months between October 2 and December 31.
Even better, the Power Gauge flipped back to "bullish" in early December.
Today, CrowdStrike still gets a "bullish" rating from our system. And its share price has soared 90% this year.
I'm not here to recommend you buy CrowdStrike, however. This story simply illustrates the power of trusting the "smart money" – and the profits that follow.
Follow Wall Street's Moves to a Quick Profit
Folks, the story above took place in 2024.
But today, our founder Marc Chaikin is tracking a dramatic market "splintering." This process can tank buy-and-hold investor portfolios. Or it can create lightning-fast opportunities for investors to make quick gains.
But only if they move fast.
Marc shared this message on Tuesday, but there's no need to worry if you missed out...
You can still hear all the details of Marc's warning and his smart-money strategy. The replay of this event is available for a few more days.
— According to the Chaikin Power Bar, Small Cap stocks have become somewhat more Bullish than Large Cap stocks. Major indexes are mixed.
* * * *
Sector Tracker
Sector movement over the last 5 days
Energy
+3.74%
Communication
+1.77%
Financial
+1.17%
Health Care
+0.98%
Discretionary
+0.50%
Staples
+0.21%
Utilities
-0.35%
Real Estate
-0.92%
Materials
-1.15%
Information Technology
-1.40%
Industrials
-2.37%
* * * *
Industry Focus
Oil & Gas Exploration & Production
31
18
2
Over the past 6 months, the Oil & Gas Exploration & Production subsector (XOP) has outperformed the S&P 500 by 7.32%. Its Power Bar ratio which measures future potential is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #3 of 21 subsectors and has moved up 3 slots over the past week.
Top Stocks
CHRD
Chord Energy Corporation
CLMT
Calumet, Inc.
COP
ConocoPhillips
* * * *
Top Movers
Gainers
HOOD
+16.57%
COIN
+10.14%
PLTR
+7.71%
NOW
+6.49%
PFG
+6.47%
Losers
APH
-48.73%
CIEN
-10.36%
TSN
-7.26%
CHTR
-4.77%
ALB
-4.06%
* * * *
Earnings report
Earnings Surprises
IOT Samsara Inc.
Q2
$0.20
Beat by $0.04
VSXY Victoria's Secret & Co.
Q2
$0.95
Beat by $0.18
CIEN Ciena Corporation
Q3
$2.11
Beat by $0.38
LULU lululemon athletica inc.
Q2
$2.06
Beat by $0.26
WLY John Wiley & Sons, Inc.
Q1
$0.44
Beat by $0.04
* * * *
You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here.
You're receiving this e-mail at penunggangbadai.moneyblog@blogger.com.
For questions about your account or to speak with customer service, call +1 (877) 697-6783 (U.S.), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. Please note: The law prohibits us from giving personalized financial advice.
Any brokers mentioned constitute a partial list of available brokers and is for your information only. Chaikin Analytics, LLC, does not recommend or endorse any brokers, dealers, or investment advisors.
Chaikin Analytics forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Chaikin Analytics, LLC (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation.
This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.
0 Response to "A Global 'Blue Screen of Death' Before 22% Gains"
Post a Comment