In late March, the Power Gauge warned us to "buckle up"...
Regular Chaikin PowerFeed readers will remember that our system sent us two critical signals on the market's health back then. Both the State Street SPDR S&P 500 Fund (SPY) and the Invesco QQQ Trust (QQQ) turned "bearish."
SPY hadn't seen this rating since mid-2022. And the last time QQQ flipped "bearish" came after President Donald Trump's "Liberation Day" tariffs announcement in April 2025.
The ongoing war in Iran caused this most recent "bearish" turn...
Uncertainty over the Strait of Hormuz shook the markets for weeks. QQQ even fell into "correction" territory (a 10% drop from its peak).
But something changed soon after that March 31 essay...
Investors began acting like the war in Iran didn't matter.
The news cycle moved on. And within a month, the market soared well above its prewar level.
Less than two months later, the Power Gauge now rates SPY as "bullish" overall. And QQQ gets an even better "very bullish" rating.
Folks, this rapid swing in both directions makes one thing clear...
The market’s playbook has changed.
In fact, I've been watching as the markets adopt a "new normal" that could alter how we view our investments...
A Foundational Market Shift Is Underway
Geopolitics, AI, or even a social media post from Trump could send stocks careening in any direction...
My colleague Ethan Goldman noted this in a PowerFeed issue two weeks ago. And he talked about three big-name AI stocks that had just experienced massive one-day gains...
Memory giant Micron Technology (MU) enjoyed the biggest surge. It rose more than 15% on May 8.
That kind of one-day move used to be rare with a large-cap stock like Micron. But lately, it's becoming more common...
In the past month alone, the stock is up an incredible 54%.
That's remarkable. But it's also often unsustainable. As longtime readers know, quick surges in the stock market often lead to falls that are just as fast.
This is exactly what I mean by the market's "new normal." Without a doubt, we're now in an era of elevated volatility.
And the market's recent winning streak leaves investors asking a valid question...
"What happens next?"
Folks, the answer to that question may surprise you...
It doesn't matter.
Now, this answer may sound odd to you. But it relates to the work I've done recently "behind the scenes" with another legendary investor to bring this reality to my readers...
This Incredible Strategy Returns 95% on Average
Jonathan Rose spent 28 years on some of the country's most important trading floors...
He traded Nasdaq futures during the tech boom and bust in the early 2000s. He traded bond futures during the Federal Reserve's extraordinary intervention from 2002 to 2010.
And his investment strategy takes inspiration from my 60-year career on Wall Street...
He spent decades looking at what the "smart money" does – and learned how to read it.
Here's the most important point...
This strategy makes money whether the market goes screaming higher or crashes down.
In his 28 years, Jonathan saw the same thing I did...
The system is built to reward the "financial elite" and leave the scraps to regular investors.
It's why we both turned our backs on this system. It's also why, for the first time ever, I'm stepping in front of a camera with Jonathan to share his strategy with my readers.
Incredibly, Jonathan's strategy produced an average gain of 95% across all his positions. And he didn't need to wait months or years for these gains...
On average, it took less than six weeks to achieve these incredible profits.
Put simply, in our "new normal" of elevated volatility, it's hard to know the market's next move. But with the right approach, you can set yourself up to succeed no matter what.
I urge you all to tune in on Thursday, May 28 at 8 p.m. Eastern time to hear the details. This event is FREE to attend. We only ask that you sign up in advance right here.
I hope to see you all there.
Good investing,
Marc Chaikin
