We talk a lot about "bearish" stocks here at the Chaikin PowerFeed... On its face, that might seem a little odd. After all, what's the use in telling you about something you shouldn't buy?
Why I Wouldn't Buy 141 Stocks in the S&P 500
By Vic Lederman, editorial director, Chaikin Analytics
We talk a lot about "bearish" stocks here at the Chaikin PowerFeed...
On its face, that might seem a little odd. After all, what's the use in telling you about something you shouldn't buy?
Well, identifying stocks to avoid matters a heck of a lot...
Just look at United Parcel Service (UPS). I shared the shipping giant's terrible "very bearish' Power Gauge rating with readers just a few days ago.
UPS shares have tumbled about 18% this year. Considering the S&P 500 Index's staggering 27% gain so far this year, United Parcel Service's stock has been a wealth destroyer by comparison.
And with such a bad rating in the Power Gauge, our system sees more downside ahead for United Parcel Service.
But back in February, Marc Chaikin shared this name with paid subscribers of his Power Gauge Investor publication. He saw, alongside the Power Gauge, that something serious was amiss with United Parcel Service.
So he released the name – along with nine other stocks to avoid – in a special report. He called it "The Chaikin 2024 Bottom Ten Report."
And Marc is just about to release his "Bottom Ten" list for 2025...
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Billionaires Warren Buffett, Stanley Druckenmiller, George Soros, and David Tepper have all sold off massive U.S. stock positions, including shares of Nvidia, Apple, and Bank of America. Billionaire Ray Dalio, who runs one of the world's most successful hedge funds, says, "Things are going to get worse for our economy." What are these billionaires so worried about? Click here to see why experts and insiders may be preparing for the biggest financial crisis of the past 200 years.
We all know that the broad market is soaring. Again, the S&P 500 is up about 27% in 2024.
And many stocks in this basket have performed even better. The top stocks soared by triple digits. Just take a look at gains like these in 2024...
That's great for the investors who found those kinds of big winners.
But when it comes to S&P 500 stocks that did poorly... they absolutely crushed investors. Take a look at these losses from this year...
Folks, those are wealth-destroying numbers. And they're from some of the largest companies in America.
Just look at tech giant Intel (INTC)...
The stock has lost a staggering 60% this year. The company's CEO stepped down. And now, Intel has left investors hoping the next person can turn things around.
It's a terrible situation. But it's one that lots of investors faced this year.
After all, we're in the middle of a tech renaissance. The promise of AI is driving stocks higher. And companies like Intel should be participating.
But Intel's wipeout proves the point that the stocks you don't buy are just as important as the stocks you do buy.
Today, the Power Gauge rates 141 of the stocks in the S&P 500 as "bearish" or "very bearish." That's about 28% of the largest stocks in the U.S. And the Power Gauge is warning that these stocks look dangerous right now.
I wouldn't buy those stocks today... that's for sure.
But as I mentioned earlier, there's another list that I'll be keeping special tabs on...
Later this morning, at 10 a.m. Eastern time, Marc is going on camera with a special announcement. He'll be sharing his forecast for 2025.
In it, he'll provide a detailed path forward for the coming year. And that will include the name and ticker of one stock he thinks is a good one to buy... as well as one he strongly recommends avoiding.
I'm most excited for the details of his road map. And during this special event, Marc will also cover how to get his brand-new "Bottom Ten" list of stocks to avoid for the coming year.
It's a list that that every investor in this market should have at their side. As I said, success in the markets isn't just about the winning stocks to buy... It's also about the wealth destroyers to avoid.
So I urge you to join Marc today at 10 a.m. for his special event. It's free to attend – just register in advance right here.
Good investing,
Vic Lederman
Market View
Major Indexes and Notable Sectors
# Hld: Bullish Neutral Bearish
Dow 30
-0.23%
9
11
10
S&P 500
+0.42%
100
256
141
Nasdaq
+1.44%
30
45
25
Small Caps
+0.61%
587
941
378
Bonds
+0.31%
Consumer Discretionary
+1.35%
13
28
9
— According to the Chaikin Power Bar, Small Cap stocks are somewhat more Bullish than Large Cap stocks. Major indexes are mixed.
* * * *
Sector Tracker
Sector movement over the last 5 days
Discretionary
+2.85%
Communication
+2.58%
Information Technology
+0.91%
Financial
-0.5%
Staples
-0.78%
Industrials
-1.28%
Utilities
-2.11%
Real Estate
-2.85%
Health Care
-3.72%
Materials
-3.75%
Energy
-3.94%
* * * *
Industry Focus
NYSE Technology Services
17
12
6
Over the past 6 months, the NYSE Technology subsector (XNTK) has underperformed the S&P 500 by -2.37%. However, its Power Bar ratio, which measures future potential, is Strong, with more Bullish than Bearish stocks. It is currently ranked #7 of 21 subsectors and has moved up 7 slots over the past week.
Top Stocks
BKNG
Booking Holdings Inc
CRM
Salesforce, Inc.
SHOP
Shopify Inc.
* * * *
Top Movers
Gainers
AVGO
+11.21%
TSLA
+6.14%
MU
+5.62%
CRWD
+5.48%
TER
+5.08%
Losers
SMCI
-8.26%
CVS
-5.61%
PSX
-5.24%
WYNN
-5.13%
MPC
-5.06%
* * * *
Earnings Report
Reporting Today
Rating
Before Open
After Close
AZO
HEI
No earnings reporting today.
Earnings Surprises
No significant Earnings Surprises in the Russell 3000.
* * * *
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