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2021/02/27

📝 The Cheat Sheet - February 27, 2021

 
Profit Trends

1.1% YTD

1.5% YTD

2.4% YTD

Dow Jones Industrial Average

S&P 500 Index

Nasdaq Composite

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- Kaitlyn Hopkins, Assistant Managing Editor

 
Texas License Plate in Snow

Here's Why the Recent Winter Storm Devastated Texas

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High Risk Button

Should You Prepare for a Correction? Yes and No.

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Laptop Credit Card

E-Commerce Will Make Up More Than Half of Chinese Retail Sales This Year

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Guy Looking at Tablet

Is This the "Nifty Fifty" All Over Again?

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Texas Snow
 

Last week, Texas was hit by a rare winter storm that devastated many areas. And now grid operator officials say that the state's power grid was less than five minutes away from collapsing and creating a statewide blackout that could've lasted for weeks or more.

In order to prevent the system from totally failing, operators ordered additional blackouts. But the grid froze over in places and was not producing enough power to reverse these blackouts, causing some people to spend days without electricity.

 

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Group Smiling
 

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Video - Matthew Carr

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Left Quote

Around the globe, e-commerce was king in 2020. And this is not a crown that's likely to be relinquished soon.

Right Quote
 

- Matthew Carr
Chief Trends Strategist

 
 
Chart - Largets Market Cap Increases
 

Technology is what has kept the economy moving forward. And in today's world, it has been a necessary distraction.

We see this reliance on tech in the dramatic rise of the Nasdaq Composite over the past year.

And when we look at the companies that have seen the largest increases in their market capitalizations over the past year, we see they are all Nasdaq-listed companies.

Many of these are next-generation blue chips that every investor should probably have exposure to. But we should all be aware of another aspect of these gains...

Read more...

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