Will Nvidia’s earnings this week move the market?
The earnings report of the week will be Nvidia’s (NVDA) report after the close on Wednesday, February 26. For the fiscal quarter ending January 2025, the consensus EPS forecast is $0.79. The reported EPS for the same quarter last year was $0.49. Analysts expect...
There’s more money in crypto, so the hacks are getting bigger
Stands to reason. With more money in crypto, the hacks are getting bigger. Brings to my mind, the quote attributed to famed bank robber Willie Sutton. Sutton is supposed to have said, when asked why he robbed banks: “I rob banks because that’s where the...
China readies antitrust probe of Apple
China’s antitrust watchdog, the State Administration for Market Regulation, is laying the groundwork for a potential probe into Apple’s (AAPL) app store policies and the fees it charges app developers. Apple policies under scrutiny include the cut of as much as 30% on...
Please watch my new YouTube video: The Fed is caught between a rock and a hard place
Today’s video: the Fed is between a rock and a hard place. Inflation has been stuck around 2.8% and the Fed would like to get it down to 2%. In January, the Fed paused on interest rates but Wall Street still hopes for two cuts in 2025. The March 19 meeting will...
AMD’s drop on huge revenue growth exemplifies risks in the tech sector
Yesterday, February 4, after the close of trading Advanced Micro Devices (AMD) reported record revenue growth for the fourth quarter. The chipmaker even reported growth in market share at the expense of rival Intel (INTC). Yet in after-hours reading the stock dropped...
Budget circus comes to Congress
I expect a two-ring (at least) circus this week on Capitol Hill as Congress confronts two years worth of budgets. By law, the President is required to submit a budget for the next fiscal year–in this case the 2026 fiscal year that begins on October 1...
Two sells before the tariffs start–more to come, I suspect
Stocks moved down slightly on Friday–with the Standard & Poor’s 500 off 0.50% and the NASDAQ Composite down 0.28%–as investors started to revise their belief that President Donald Trump wasn’t really serious about raising tariffs. And they’re down...
Wall Street still in denial on tariffs
Futures markets are substantially lower as U.S. stocks get ready to open. Futures on the Standard & Poor’s 500 were down 1.64% and NASDAQ futures were off 1.87%. But I still say that Wall Street is in denial about the full economic damage from President Donald...
Market is still looking for 2 rate cuts in 2025, CNBC survey says
We won’t get another update on the probable trajectory of Federal Reserve interest rate policy from the Fed itself until the central bank updates its Dot Plot projections at its March 19 meeting. But meanwhile, we have a survey from CNBC that shows a majority of...
As tech sells off in a rout, where’s the fear?
Don’t think traders and Wall Street market strategists haven’t noticed: on a day when AI stocks like Nvidia (NVDA) and Broadcom (AVGO) fell 17% each, the Dow Jones Industrial Average added 0.4%. Yes, Wall Street’s “fear gauge”—-the VIX—soared 20% the most since...
China’s DeepSeek news leads to AI stock rout–do you think AI stocks might have been overvalued?
News that DeepSeek a Chinese AI startup, had developed an open-source AI model that matched the performance of U.S. AI models from OpenAI, Alphabet, and Meta platforms at a fraction of the cost sent AI stocks reeling today, Monday, January 27. Nvidia (NVDA) shares...
This week the earnings parade moves into full march speed
This week it’s earnings, earnings, earnings. From the tech giants and more. And this week, we’ll discover three things. First, are tech company earnings as good as the market clearly expects. I think that with the exception of Apple (AAPL) and Tesla (TSLA) the...
Will there be any clues on the next rate cut from the Fed on Wednesday?
I expect Wednesday’s meeting of the Federal Reserve’s Open Market Committee to be the big event of the week. Not because the Fed will do anything unexpected on interest rates. It won’t change its benchmark policy rate now at 4.25% to 4.50%. But because the Fed might...
Paul Krugman puts some numbers on the effects of Trump’s tariffs
Assuming that conventional economics still has some validity and that economic history has some predictive value, Paul Krugman, who won his 2008 Nobel-prize in economics for his work on international trading patterns, has put some numbers on the likely effects of the...
Apple’s iPhone sales dove in China for the December quarter
Sales of Apple’s iPhones dove 18.2% in China during the December quarter, according to independent research firm Counterpoint Research. The company’s flagship handsets, China’s top sellers a year earlier, relinquished the top spot to Huawei Technologies. Apple slipped...
Big market reaction on a tiny move in CPI inflation
As of noon New York time today, January 15, the Standard & Poor’s 500 was ahead 1.30%. The NASDAQ Composite and the small-cap Russell 2000 were both up 1.80% on the session. Today’s big moves come on relatively minor changes in inflation trends in this...
Tough road ahead for farmers and food commodity prices–I’m selling some farm stock positions
U.S. farmers harvested some of the largest corn and soybean crops in history this year. The timing couldn’t be much worse for farm incomes and commodity prices. And for shares of farm stocks. Big harvests weigh on crop prices because plentiful supply depresses prices....
It’s a pivotal week ahead for stocks
In the coming week I expect more inflation turmoil and the beginning of a challenging earnings season. After last week’s jobs surprise and Friday’s selling on the surprising strong showing on employment and the U.S. economy, the Wednesday, January 15 release of the...
Tariff trial ballon on how much and who will get hit?
Today the Washington Post reported that President-elect Donald Trump’s aides are exploring tariff plans that would amount to paring back–the Post’s characterization–the tariff plans that candidate Trump proposed on the campaign trail President-elect Trump...
Nvidia to get pop from CES and Huang keynote today
Last year, Nvidia’s stock experienced a 16% increase over the 10 days following the beginning of the huge Consumer Electronics Show in Las Vegas. This year Nvidia (NVDA) CEO Jensen Huang is scheduled to deliver the opening keynote speech at 6:30 p.m. Las Vegas...
Fed signals fewer cuts, higher interest rates, higher inflation in 2025
In Wednesday’s quarterly update to its projections on economic growth, inflation, and interested rates in its Dot Plot survey of sentiment, Fed officials and governors forecast fewer rate cuts for next year than in their September projections, and they saw the fight...
Will the Santa Claus rally visit Wall Street this week?
Expect the annual Santa Claus rally this week. And if it doesn’t arrive, that will increase feelings of uncertainty on Wall Street as we begin 2025. The Santa Claus rally typically occurs during the last week of December and the first two trading days of January....
It’s CPI inflation time again this week
All eyes will be on the Consumer Price Index inflation report for November due out on the morning of Wednesday, December 11. It’s the last big inflation data dump before the Federal Reserve meets on December 18. In October, the Consumer Price Index for All Urban...
It’s jobs report Friday again this week
I expect the Big Event of the week to be Friday morning’s report of the November jobs numbers. The Dow Jones Industrial Average rose more than 2% last week. The Nasdaq Composite and the Standard & Poor’s 500 rose more than 1%. Both the S&P 500...
Adding Berkshire Hathaway as Pick #9 in my Special Report “10 New Stock Ideas for an Old Rally”
Today I added Berkshire Hathaway (BRK-B) as Pick #9 in my Special Report “10 New Stock Ideas for an Old Rally” on my JubakAM.com subscription site. Here’s what I wrote in that Special Report. Pick #9: Berkshire Hathaway (BRK-B). Warren Buffett now has Berkshire...
More evidence that the inflation rate is stuck
Yesterday, Wednesday, November 27, the report from the Bureau of Economic Analysis showed that the Personal Consumption Expenditures index, the Federal Reserve’s preferred inflation measure, had continued the stall that began in May. In October the headline number...
On my subscription site I made Copa my 5th pick in my Special Report “10 picks for a Yield Draught”
On my subscription site JubakAM.com, I added Copa Holdings (CPA), an airline stock paying 6.9% to my Special Report. Here’s what I wrote Yield Drought Pick #5: Copa Holdings (CPA). Seems unlikely I know–an airline stock paying a forward dividend of 6.90%....
On my subscription site I made Verizon Pick #6 in my Special Report: “3 Strategies and 10 Picks for Juicy Returns in a Yield Drought”
Yesterday on my subscription site, JubakAM.Com, I made Verizon the sixth pick in my Special Report “3 Strategies and 1O Picks for a Yield Drought.” Here’s what I wrote. (Verizon is a member of my Dividend Portfolio.) Yield Drought Pick #6: Verizon (VZ). Let’s be...
Gold is up today on Ukraine worries, but the trend points up for all of 2025
Gold will rally to a record next year on central-bank buying and U.S. interest rate cuts, according to Goldman Sachs. The investment bank listed the metal among top commodity trades for 2025. “Go for gold,” analysts said in a note, reiterating a target of $3,000 an...Jim’s Daily Email Alerts:
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