Online ad spending trends to pick new winners among Facebook, Google and the rest of the sector
Investors start to see second quarter reports on revenue and earnings from Internet search, streaming, and social media companies next week when on Monday, July 18, both Yahoo (YHOO) and Netflix (NFLX) report. Amazon (AMZN) follows on July 21. And then in the...
Earnings from JPMorgan Chase show strong U.S. economy
Second quarter earnings results announced this morning by JPMorgan Chase (JPM) held solidly good news for the U.S. economy. Not as much good news for the bank and the banking sector in general, though. JPMorgan Chase is the first of the big banks to report with...
U.S. stocks pause ahead of earnings
Not terribly surprising that U.S. stocks are meandering in slightly negative territory today after busting out to new all-time highs. (The Standard & Poor’s 500 stock index was off 0.09% at the close in New York.) We’re about to head into the meat of...
Stocks break above all-time high but that doesn’t answer the growth question
In my Saturday Night quarterback post of July 9 on my subscription site JubakAM.com I wrote that the big question for the upcoming week was whether or not the Standard & Poor’s 500 stock index would this week take out the all-time high near 2135 set in May 2015....Rethinking emerging markets after Libya? Who isn't? Here's how that violence has changed my thinking.
Is the violence in Libya the last straw for the world’s emerging economies? Or at least for investors in those markets? I certainly think that the big drops in emerging market stock markets are leading some investors to abandon markets that they never felt all that...So why are there so many vacant jobs in China's exporting heartland?
They went home for the spring festival holiday in early February and the never came back. Short-term problem or long-term trend? That’s the question for anyone trying to predict China’s growth rate over the next decade or two. Across China factories are reporting...Will the crisis in Libya finally produce a (needed) market correction?
Way back on January 20, I wrote that the U.S. stock market was headed for a 5% correction. In fact, I said that the market needed a correction. (See my post https://jubakpicks.com/2010/02/17/so-is-the-correction-over-already/ ) The U.S. market was overbought, I...Looking for bargains? Look down on the farm
If you’re thinking of bargain hunting as global stock markets reel under the impact of what is close to open war by the Gaddafi regime on the Libyan people—but would like a little near-term positive catalyst with those lower prices, might I suggest the farm sector....It's still a little early in the Libya crisis for bargain hunting
Just a wild guess but the world’s financial markets were a bit rattled yesterday when Libya’s leader Muammar Gaddafi, “Guide of the First of September Great Revolution of the Socialist People’s Libyan Arab Jamahiriya,” vowed to fight to his “last drop of...Trying to put a price on fear
There’s short-term panic and long-term fear. Both are at work in the financial markets this morning. The common factor, of course, is Libya, where Muammar Gaddafi seems determined to fight for control to “the last man standing” in the words of his son Seif al-Islam....The happiness of "early" and the sadness of "too early": How to maximize your portfolio's happiness
There’s early. And then there’s too early. Early is buying Apple (AAPL) on October 6, 2008 at $98.14 and having to wait until March 2009—six months–before the stock moves up. And up. And up. On March 6, 2009 Apple closed at $85.30. A year later on March 5, 2010...Dark for Presidents Day
The New York financial markets are closed today, February 21, for Presidents Day. (Don’t get me started on the lameness of replacing Lincoln and Washington’s birthday holidays with something called “Presidents Day.”) Jubak Asset Management will...5 picks for energy, the once and future sector
On January 28, I argued that the U.S. economy is still in the early recovery stage of the business cycle, and that you should overweight your portfolio toward the stocks that do best at this point in the cycle: “Sectors that do best are usually industrials, near the...Could negative investor sentiment on Japan be wrong?
Japanese stocks soared overnight, February 17, to their highest level in nine months on forecasts of higher economic growth. Of course, the higher forecasts of economic growth were for the United States and the Japanese stocks that soared highest were those of...Core U.S. inflation rate accelerates to normal
Two ways to look at this morning’s U.S. inflation data. First, the Consumer Price Index (CPI) came in above expectations with a 0.4% increase in January. Economists had expected a 0.3% increase, according to Briefing.com. That puts the headline inflation rate at an...Even after an "adjustment" at 4.9% China's inflation is too fast
Call it the surprise that wasn’t very surprising. Before today’s release of consumer price inflation data for January in China, economists surveyed by Bloomberg had projected a 5.4% annual inflation rate. That would have been a big increase from the 4.6% annual...So when will interest rate hikes stop hanging over emerging stock markets?
One and done. Two, we’re through. Three, we’re free. Four, no more. Five… At some point the central banks of India, Brazil, India, Indonesia, Turkey, and other developing countries will decide that they’ve raised interest rates enough to combat inflation. They will...China and U.S. inflation numbers arrive this week
After lots of news about inflation in India, Brazil, Indonesia, and the European Union, this week we’ll get new inflation numbers from the United States and China. China is scheduled to release inflation numbers for January on Tuesday, February 15. After running at a...Inflation and interest rates in developed economies? Here's what the markets are predicting now
Here’s an interest rate calendar for the economies of the developed world that you can put up on your office wall—but it is subject to revision. (I know it’s shocking but markets do get this stuff wrong from time to time.) Right now the futures markets are...India shows why money is flowing out of emerging markets right now
Want to see why investors worry so much about the world’s emerging markets that they are taking money out of these stocks? Just take a gander at India. In an effort to fight inflation the Reserve Bank of India has raised interest rates seven times in the last 12...Investing in water–it's hard but here are 8 stocks that do the job
China, the world’s largest wheat producer, is facing a severe drought in areas of the North China plain that account for 67% of the country’s wheat crop. China’s wheat production fell to 114.5 million tons in the 2010 harvest from 115.1 million tons a year earlier....Inflation edges higher in Brazil–and government budget cuts are just the minimum expected
In spite of a 0.5 percentage point increase in its benchmark Selic interest rate to 11.25% and an increase in bank reserve requirements in December, inflation in Brazil failed to slow in January. The IPCA index rose 0.83% for the month, increasing the annual inflation...USDA reports global wheat producer lower than expected–forget about inflation relief from falling food prices
This isn’t good news for anyone worried that soaring food prices are fueling global inflation. Today, February 9, the U.S. Department of Agriculture lowered its forecasts of global wheat inventories because of falling production in the Ukraine. Global stockpiles will...So who's next for an acquisition in the oil drilling sector?
My two conclusions from the Ensco (ESV) bid to buy Price International (PDE). First, the Deepwater Horizon disaster in the Gulf of Mexico has put a big premium on owning the newest deep-water drilling rigs. The theory is that with regulatory scrutiny getting tighter...U.S. stocks will outperform the rest of the world, in my opinion, for the first half of 2011–but don't forget that "first half" part
Another good day for the world’s developed stock markets today, February 8. In the United States the Dow Jones Industrial Average was up 0.59% and the Standard & Poor’s 500 was up 0.42%. The NASDAQ 100 rose to its highest level since February 2001. In Europe the...For commodity profits follow the long cycles–here's how
The sky’s the limit. The sky is falling. In the short term pretty that much describes the behavior of commodity stocks. And it’s all too easy to get caught up on the drama of those short-term moves because the possible profits if you can outguess the market are all...Shanghai opens for trading again on Wednesday: Think that means more volatility?
Enjoy your last few days of calm. China’s mainland financial markets remain closed for the Lunar New Year holiday until February 9. (Exchanges in Taiwan and Vietnam are closed until February 8.) But if trading in Hong Kong, which resumed today, is any indication, the...For the first half of 2011 anyway, you need to own industrial stocks: Here's how to learn that possibly unfamiliar sector
“I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.” I don’t have the foggiest idea if Abraham Maslow, the psychologist who authored that quote back in 1966, knew anything about investing. But from painful...Brazil's economy slows but bets are that interest rate increases aren't done
Will a second straight monthly drop in industrial production put Brazil’s interest rate increases on hold? December output fell by 0.7% from November. November’s output was itself down 0.2% from October. The drop came as a surprise to economists who were expecting...Jim’s Daily Email Alerts:
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