The Doomsday Clock is 90 seconds from midnight... Going back to its creation in 1947, we've never been this close to Armageddon. [Chaikin PowerFeed]( Turn the 'Doomsday' Panic Into Profits By Joe Austin, senior analyst, Chaikin Analytics
The Doomsday Clock is 90 seconds from midnight... Going back to its creation in 1947, we've never been this close to Armageddon. The Doomsday Clock came from many of the same scientists who created the first atomic bomb. They wanted to show the world how close we were to destroying ourselves. The scientists chose a clock ticking toward midnight to express urgency. Unless someone stopped it, disaster would occur. The Doomsday Clock started seven minutes away from midnight. It has gone forward 17 times and backward eight times. In 1991, it was as far as 17 minutes away from midnight. But the clock has gotten a lot closer to midnight in recent years... In 2018, it went to two minutes away. It hadn't been that close since the U.S. and Soviet Union were testing hydrogen bombs in 1953. The clock moved to 100 seconds away in January 2020. And that was before the peak of the COVID-19 pandemic, Russia's invasion of Ukraine, and escalating tensions in the Middle East. Fortunately, the Doomsday Clock is only a measure of vulnerability. No one really knows how close we are to destroying ourselves. Of course, we don't need the Doomsday Clock to know the world is more dangerous than ever. And whether we like it or not, that idea creates opportunities for some companies. So before you head for your bunker, let's take a closer look... Recommended Links: [Here's What You Missed Last Week]( The man who called the 2020 and 2022 crashes explained why a surprising, upcoming twist to the Harris-Trump election could double your money 10 different times – as he showed during the 2020 election year. Plus, he shared his terrifying blueprint of exactly where stocks could go next and why it could be "lights out" for one of the candidates. [Click here to learn more](. [Day 1 for President Kamala Harris]( If elected, Kamala Harris has pledged that she will "take on price gouging and bring down costs" on Day 1 of her presidency. Yet throughout history, the same "strategy" she's planning to deploy has led to skyrocketing inflation... food and commodity shortages... and, in the worst cases, widespread famine, starvation, and death. [Learn how to prepare and protect yourself now](.
Put simply, U.S. defense spending has grown steadily for many decades. Take a look... It's not just the U.S., either... Global military spending rose 7% year over year to $2.4 trillion in 2023. That's the biggest year-over-year increase since 2009. And it's a new record high. When you look around, it's easy to see why... For starters, 28 conflicts directly threaten U.S. interests around the world today. At least one is happening on every continent except Australia and Antarctica. Ten countries are in a state of what policy experts call "extreme conflict." Across the globe, anxiety is high... The Halifax International Security Forum polls people in 30 countries about world conflicts each year. And the latest results from last November show that folks are worried... Nearly 85% of the respondents said the world got more dangerous over the previous year. And 71% fear the threat of a biological, chemical, or nuclear attack. Beyond that, 70% of respondents expect to see another world war within the next 25 years. And only 44% are confident in their government's ability to respond to an attack. So if you're worried, you're not alone. And as investors, we should take notice. That's why I'm keeping my eye on the SPDR S&P Aerospace & Defense Fund (XAR)... This exchange-traded fund allows folks to buy shares of 32 companies all at once. Its top 10 holdings include defense contractors Lockheed Martin (LMT) and Northrop Grumman (NOC). Even better, the Power Gauge is flashing opportunity in this space today... XAR currently gets a "very bullish" rating in our system. And the Power Bar ratio shows that it has a lot more "bullish" or better holdings than "bearish" or worse ones. Take a look... You might've heard this old saying before... An ounce of prevention is worth a pound of cure. The Doomsday Clock is ticking closer to midnight. That's making a lot of folks nervous. As investors, it's wise to look at the companies that could prevent that from happening. The Power Gauge agrees. It points to a "very bullish" opportunity in XAR today. Good investing, Joe Austin Market View Major Indexes and Notable Sectors
# Hld: Bullish Neutral Bearish
Dow 30 +0.55% 11 16 3
S&P 500 +0.93% 167 270 53
Nasdaq +1.18% 20 65 14
Small Caps +0.54% 626 954 347
Bonds -1.18% Consumer Discretionary +1.51% 9 32 10 â According to the Chaikin Power Bar, Large Cap stocks and Small Cap stocks are Bullish. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Financial +2.88% Industrials +1.69% Materials +1.67% Utilities +1.15% Health Care +1.13% Energy +0.98% Staples +0.82% Real Estate +0.39% Communication -0.21% Discretionary -0.4% Information Technology -1.59% * * * * Industry Focus Bank Services
66 24 1 Over the past 6 months, the Bank subsector (KBE) has outperformed the S&P 500 by +10.31%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #2 of 21 subsectors and has moved up 1 slot over the past week. Top Stocks [rating] AX Axos Financial, Inc.
[rating] BK The Bank of New York
[rating] BPOP Popular, Inc.
* * * * Top Movers Gainers [rating] INTC +9.49%
[rating] GEV +5.04%
[rating] WDC +4.06%
[rating] TSLA +3.8%
[rating] AVGO +3.75%
Losers [rating] ULTA -4.01%
[rating] APA -2.9%
[rating] SMCI -2.48%
[rating] TSCO -2.25%
[rating] CRM -1.6%
* * * * Earnings Report Reporting Today
Rating Before Open After Close ZS
GTLB 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](. Youâre receiving this e-mail at {EMAIL}. For questions about your account or to speak with customer service, call [+1 (877) 697-6783 (U.S.)](tel:18776976783), 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. © 2024 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 â or 72 hours after a direct mail publication is sent â 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.