The Power Gauge Sees Potential in $30 Billion Space Lasers

When I started working on Wall Street, we hadn't yet landed on the moon... Now, the U.S. government is planning to spend a ton of money on space lasers. [Chaikin PowerFeed]( The Power Gauge Sees Potential in $30 Billion Space Lasers By Marc Chaikin, founder, Chaikin Analytics [When I started working on Wall Street]( we hadn't yet landed on the moon... Now, the U.S. government is planning to spend a ton of money on space lasers. No kidding... The White House released its 2024 defense budget request last month. And in the proposal, it earmarked roughly $30 billion for the sixth branch of the U.S. military. In case you're not aware, the sixth branch is the U.S. Space Force... This space-defense organization formed in 2019. It's under the Department of the Air Force – like how the U.S. Marine Corps falls under the Department of the Navy. Among other innovations, it's pursuing laser technology to connect satellites orbiting Earth. Now, I can't pretend to know all the ins and outs of the latest "galactic" arms race... But I can tell you that people are still people. And they're motivated by the same factors as always. So no matter where the conflicts occur, it's reasonable to expect they'll happen. With that in mind, it makes sense that the U.S. government wants to have the best protection available. And that's the case even if it's literally out of this world. More importantly, as investors, we can profit from these advanced technologies... This industry is outperforming the broad market over the past six months. And as I'll show you today, the Power Gauge expects this outperformance to continue in the months ahead... Recommended Links: [The $10 Million Retirement Secret?]( There's a dead-simple and extremely lucrative way to make high inflation, high interest rates, and a choppy economy work to YOUR advantage. It may be the ONE strategy that could pay you 14% or more today with little risk... set you up for long-term income streams as high as 29% per year... plus HUGE capital gains. Backtesting even shows this could have added an extraordinary $10 MILLION to your bottom line with an initial $100,000 nest egg. [Click here for details](. (Expires soon.) [Gold Is SOARING... Here's the No. 1 Move to Make]( As overall market volatility continues, the world's financial elite have started piling into the safety and security of gold. 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](. The aerospace and defense industry is an area of long-term strength for investors. And over the past year, we've seen why... [On March 4, 2022]( not long after Russia invaded Ukraine, we talked about the world's armies in these pages. We noted how they were increasing military budgets just in case. That's still true today. And it means the biggest defense contractors will likely keep thriving. We can track this industry through the SPDR S&P Aerospace & Defense Fund (XAR)... This exchange-traded fund ("ETF") holds shares of 33 companies within the industry. Its top 10 holdings include familiar names like Raytheon Technologies (RTX), General Dynamics (GD), Northrop Grumman (NOC), and Lockheed Martin (LMT). XAR is beating the benchmark S&P 500 Index in a big way over the past six months. Take a look... [Chaikin PowerFeed] XAR is up around 18% over that span. Meanwhile, the S&P 500 is only up about 11%. The Power Gauge helps us see that this outperformance should continue, too. To show you what I mean, let's turn to XAR's Power Bar ratio... [As we've explained before]( the Power Bar ratio is part of our one-of-a-kind system. It compares the number of favorably and unfavorably ranked holdings in an ETF at any time. The Power Gauge is currently "bullish" on XAR. And here's the current Power Bar ratio... [Chaikin PowerFeed] As you can see, 13 of the 33 ranked stocks in XAR currently earn "bullish" or better ratings (marked in green). And only three stocks earn "bearish" or worse ratings (marked in red). Now, look at the yellow part of the Power Bar. That part represents the stocks with "neutral" ratings. And today, 17 stocks within XAR fit into this part of the Power Bar. That's more than half the ETF. Meanwhile, XAR recently entered a "cooling off" period. It's underperforming the S&P 500 over the past three months. XAR is up around 4%, while the S&P 500 is up about 6%. So what does that all mean for us as investors? In short, XAR is positioned for another run of outperformance... The Power Bar ratio helps us see that the ETF has far more "bullish" or better stocks than "bearish" or worse ones. And with 17 holdings in the "neutral" zone, it could soon turn even more positive. Don't forget that the U.S. government is about to pour billions more into this space... As that happens, this strong industry trend will likely resume. And it could get even stronger. Put simply, the aerospace and defense industry is full of opportunity today. Good investing, Marc Chaikin P.S. I learned a long time ago that the market isn't just one entity that goes up or down... In reality, it's much more nuanced than that. Aerospace and defense is one of the smaller parts of the market. And right now, the Power Gauge tells us it's full of opportunity. But that's not the case everywhere... A new wave of crashes is set to rock the market this year. And if you're not careful, your portfolio could get wrecked. Find out what you can do to prepare immediately [right here](. Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 -0.04% 11 16 3 S&P 500 +0.07% 157 266 76 Nasdaq +0.01% 49 37 14 Small Caps -0.45% 414 982 491 Bonds +0.36% — According to the Chaikin Power Bar, Large Cap stocks are more Bullish than Small Cap stocks. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Financial +3.15% Industrials +1.86% Discretionary +1.63% Information Technology +1.40% Materials +1.38% Staples +0.41% Energy +0.08% Communication -0.10% Health Care -0.25% Real Estate -0.27% Utilities -1.18% * * * * Industry Focus Aerospace & Defense Services 11 19 3 Over the past 6 months, the Aerospace & Defense subsector (XAR) has outperformed the S&P 500 by +7.96%. 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. Top Stocks [rating] VVX V2X, Inc. [rating] NPK National Presto Indu [rating] AIR AAR Corp. * * * * Top Movers Gainers [rating] TYL +3.42% [rating] PHM +3.30% [rating] STT +3.05% [rating] LEN +3.03% [rating] DHI +2.71% Losers [rating] CTLT -7.37% [rating] DISH -4.66% [rating] FRC -4.34% [rating] CF -3.78% [rating] JNJ -2.81% * * * * Earnings Report Reporting Today Rating Before Open After Close ABT DFS, FFIV, LRCX BKR, ELV, NDAQ, TRV IBM, LVS, STLD, SYF, ZION MS, USB CCI, CFG, EFX, KMI, TSLA No earnings reporting today. Earnings Surprises [rating] BAC Bank of America Corporation Q1 $0.94 Beat by $0.12 [rating] OMC Omnicom Group Inc. Q1 $1.56 Beat by $0.16 [rating] PLD Prologis, Inc. Q1 $0.50 Missed by $-0.06 [rating] GS The Goldman Sachs Group, Inc. Q1 $8.79 Beat by $0.73 [rating] JNJ Johnson & Johnson Q1 $2.68 Beat by $0.18 * * * * 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}. 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