Chaikin Analytics founder Marc Chaikin made it clear in his most recent essay... Not all sectors are created equal.

These Big-Name Stocks Aren't Booming By Pete Carmasino, chief market strategist, Chaikin Analytics Chaikin Analytics founder Marc Chaikin made it clear in his most recent essay... Not all sectors are created equal. The benchmark S&P 500 Index's performance doesn't always track with every individual sector or company. Everything doesn't go up or down at the same time. Consider the Dow Jones Industrial Average, for example... This famed index is how most folks check the health of blue-chip companies across various sectors and industries. It tracks 30 of the largest businesses in the U.S. – including UnitedHealth (UNH), Microsoft (MSFT), Goldman Sachs (GS), McDonald's (MCD), and Home Depot (HD). So far this year, the Dow is lagging the S&P 500. And its Power Gauge report is underwhelming... Our system is "bullish" on the S&P 500. But it currently holds a "neutral" grade on the Dow. In fact, only nine of the 30 stocks in the index earn a "bullish" or better rating. Let's take a closer look at what that means today... Recommended Links: Move Your Money Before June 23 Over 50% of the U.S. stock market is set to move before the market closes on Friday, June 23 – including Apple, Amazon, Tesla, Google, and thousands of others. This major Wall Street event will send some stocks soaring... while slashing others up to 90%. Don't get blindsided – see what's coming and how to protect yourself immediately, right here. If You Own Stocks (or You're Sitting on Cash), Read This Immediately... Investors are wondering what's next after the U.S. narrowly avoided a default, and where they should be putting their money. Now, one insider has revealed there's a way to invest that still gets results in a volatile market – even in times of crisis. It's our No. 1 recommendation today. Click here to learn more. We'll start with the Dow's underperformance in 2023. It's easy to see on a chart... The Dow is up around 2% in 2023. Meanwhile, the S&P 500 is up more than 11% over the same span. Keep in mind that the Dow only represents 30 companies. It tracks a more specific segment of the market than the S&P 500 – the so-called "blue chips." So it's easier for the Dow to diverge from time to time. That might seem obvious. But it can lead to a big performance difference if some of those stocks struggle... That's the case with several of the 30 companies in the Dow today. For example, Walgreens Boots Alliance (WBA) is down roughly 17% this year. And the Power Gauge is currently "very bearish" on the company. On the flip side, the Nasdaq 100 Index is the real star of the 2023 show... This index includes 100 of the largest nonfinancial companies on the Nasdaq stock exchange. It's focused on technology, growth, and innovation. So it's a way for us to know how these types of companies are doing at any given time. As you can see in the following chart, the Nasdaq 100 is crushing the S&P 500. It's up more than 30% this year. Take a look... We're clearly seeing a big disparity in the stock market this year. And again, it boils down to one thing... Sector performance. We live in a world that relies more and more on the latest digital and technological innovations. And the Nasdaq 100's performance shows that investors are buying back into the high-growth potential of these businesses right now. But the big blue-chip stocks you would expect to soar in a market rally are moving slower. Investors like us need to keep both these market trends in mind... As we head into the summer, it's clear that technology is leading the way this year. And other corners of the market are performing much worse. It's a simple yet powerful observation. And fortunately, the Power Gauge can help us... Our system gives us the tools to dig into the individual stocks within each market sector. It helps us pinpoint the most attractive opportunities at any given time. We want to make informed investment decisions. And the best way to do that is to follow the Power Gauge's lead. Good investing, Pete Carmasino Market View Major Indexes and Notable Sectors     # Hld:     Bullish     Neutral     Bearish Dow 30 +2.14% 9 18 3 S&P 500 +1.45% 151 256 92 Nasdaq +0.75% 55 36 9 Small Caps +3.59% 517 891 467 Bonds -1.10% Materials +3.35% 5 19 5 — According to the Chaikin Power Bar, Small Cap stocks and Large Cap stocks are somewhat Bullish. Major indexes are mixed. *  *  *  * Sector Tracker Sector movement over the last 5 days Discretionary +3.31% Real Estate +3.11% Materials +3.06% Industrials +2.64% Health Care +2.19% Financial +2.12% Communication +1.61% Energy +1.43% Information Technology +1.29% Utilities +0.82% Staples +0.25% *  *  *  * Industry Focus NYSE Technology Services 29 6 0 Over the past 6 months, the NYSE Technology subsector (XNTK) has outperformed the S&P 500 by +19.56%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #1 of 21 subsectors. Top Stocks QCOM QUALCOMM Incorporate AMAT Applied Materials, I INTU Intuit Inc. *  *  *  * Top Movers Gainers DISH +16.24% MMM +8.75% CAT +8.40% CE +8.10% CZR +7.68% Losers TMUS -5.56% COO -4.74% T -3.80% VZ -3.19% ANET -2.51% *  *  *  * Earnings Report Reporting Today Rating Before Open After Close SAIC No earnings reporting today. Earnings Surprises No significant Earnings Surprises in the Russell 3000. *  *  *  * 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 indra21poetra@gmail.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 investment advice. © 2023 Chaikin Analytics, LLC. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Chaikin Analytics, LLC. 201 King Of Prussia Rd., Suite 650, Radnor, PA 19087. www.chaikinanalytics.com. 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. 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