A 95% Chance of Double-Digit Gains in 2023

Folks, we've endured a wild month... Stocks started March with a pullback from their early February high. And before long, the banking crisis made everything worse. [Chaikin PowerFeed]( A 95% Chance of Double-Digit Gains in 2023 By Marc Chaikin, founder, Chaikin Analytics Folks, we've endured a wild month... Stocks started March with a pullback from their early February high. And before long, the [banking crisis]( made everything worse. The S&P 500 Index fell nearly 5% in a single week. So I get why many people might still be feeling startled. But over time, the market gives us strong historical data. As investors, we can't deny that data. Regular readers know I recently explained an indicator with 100% accuracy. (If you haven't already, you can read about that indicator [right here]( And today, I'm once again seeing a nearly indisputable signal in the market... Going all the way back to 1950, this signal has only led to losses for the S&P 500 over the next year on two occasions. And each of those times, the return was barely negative. Through 37 samples dating back 73 years, this indicator has a 95% positive rate. Even better, as I'll show you today, this indicator gives us an idea what to expect from the S&P 500 for the rest of this year. And as investors, you're not going to believe it... Recommended Links: [Bank Collapse Warning You Can't Afford to Miss]( A powerful indicator just triggered that has only appeared a handful of times since 1950 - and every time, it has predicted the stock market's next move with a 100% success rate. Marc Chaikin sounded the alarm... and explained why ignoring this signal could spell disaster for your money in 2023. [Click here to tune in now (includes a free recommendation)]( [The No. 1 Gold Play for 2023]( Some of the richest men in the world are jumping into gold right now... because evidence suggests we could see MUCH HIGHER prices in the coming weeks. But if you're not taking advantage of a little-known way to invest for around $5 today, you're missing out. [Click here for full details](. I won't draw things out any longer... The indicator we're looking at today reveals that the market is capable of hitting an 18% total return this year. Seriously. And as I said, this indicator is correct 95% of the time. You see, this indicator is related to the S&P 500's lowest point in December. That low was 3,783.22 on December 28. You can see it on the following chart... [Chaikin PowerFeed] Now, as you can also see in the chart, we've nearly completed the first quarter of 2023. And despite all its twists and turns, the S&P 500 stayed above that December low. That's an incredibly powerful signal throughout history... According to Carson Investment Research, this signal has happened 37 times since 1950. In every case except two, the S&P 500 produced a positive return over the next year. The two exceptions were in 2011 and 2015. But the worst result was a 0.7% drop. This is where the data gets really interesting... The average one-year return after this signal is 18.6%. And the median return is 18.1%. In other words... one or two big winners aren't skewing the results. Now, I understand that this might feel like a contrarian statement right now. It seems like many folks are still busy preparing for the next collapse. But the data is clear... The market is recovering. The S&P 500 is up nearly 5% so far this year. [And as I detailed recently]( the Power Gauge just turned "bullish" on the benchmark index. Now, this huge historical signal is behind us... The market is completing the first quarter of the year above its December low. History tells us that means big gains are possible through the rest of the year. And even if that doesn't happen, the downside should be relatively mild. That means our job is to find the best opportunities. I recommend you do the same. Good investing, Marc Chaikin P.S. Sometimes, finding the best opportunities can be tough. But if you know where to look, it gets much easier... That's why I hosted an emergency broadcast earlier this week. I showed attendees the one thing they need to do this year to be on the right side of history. And everyone who tuned in got a FREE recommendation. [Watch the replay here](. Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 +1.01% 8 20 2 S&P 500 +1.43% 107 293 97 Nasdaq +1.82% 41 42 17 Small Caps +1.14% 379 1026 484 Bonds -0.20% Real Estate +2.38% 0 10 20 — According to the Chaikin Power Bar, Small Cap stocks have become somewhat more Bearish than Large Cap stocks. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Energy +4.09% Utilities +3.96% Real Estate +3.67% Materials +3.34% Industrials +2.95% Information Technology +2.74% Staples +2.60% Financial +2.08% Communication +2.07% Discretionary +1.55% Health Care +1.27% * * * * Industry Focus Innovative Technology Services 42 44 14 Over the past 6 months, the Innovative Technology subsector (XITK) has outperformed the S&P 500 by +1.74%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #7 of 21 subsectors and has moved down 2 slots over the past week. Top Stocks [rating] HIMX Himax Technologies, [rating] TER Teradyne, Inc. [rating] NVMI Nova Ltd. * * * * Top Movers Gainers [rating] INTC +7.61% [rating] MU +7.19% [rating] PAYX +6.47% [rating] LRCX +6.32% [rating] CCL +6.00% Losers [rating] BBWI -2.08% [rating] ZTS -1.44% [rating] UNH -1.27% [rating] TGT -1.04% [rating] ULTA -1.03% * * * * Earnings Report Reporting Today Rating Before Open After Close No earnings reporting today. Earnings Surprises [rating] PAYX Paychex, Inc. Q3 $1.29 Beat by $0.05 [rating] CTAS Cintas Corporation Q3 $3.14 Beat by $0.11 [rating] FUL H.B. Fuller Company Q1 $1.04 Missed by $-0.20 * * * * 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 {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. © 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. 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.