May 27, 2022 @ 5:32 pm | Breaking News, Jubak Top 50 Portfolio |
On Tuesday, Snap (SNAP) fell 43.08% as the company lowered guidance for the remainder of 2022. On Thursday, the shares were just 4.59%. At today’s close of $14.81 they’re still trading well below the 50-day moving average of $29.86. Should you chase them...
May 25, 2022 @ 4:48 pm | Breaking News, Jubak Picks Portfolio, WEAT |
My one-hundredth-and-thirty-sixth YouTube video “Quick Pick WEAT” went up today. I’m continuing my recent focus on wheat prices as they continue to rise. Higher wheat prices are the result of a perfect storm: the ongoing war in Ukraine, a blockade of...
May 25, 2022 @ 4:26 pm | Breaking News |
Minutes from the Federal Reserve’s May 4 meeting shows central bank officials in agreement on the ned for 50-basis-point interest rate increases at the June and July meetings. And then, the minutes say, the Fed would respond to developments in the economy either...
May 24, 2022 @ 6:39 pm | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
Snap (SNAP), the online company best known for its SnapChat platform, closed down 43.08% today, May 24. On April 21 when the company released its first quarter earnings report, the company had forecast second quarter revenue growth of 20% to 25%. That was already...
May 23, 2022 @ 10:54 pm | Breaking News |
Looking for the bottom on this plunge or bear market (true bear in the NASDAQ and near bear market in the Standard & Poor’s 500)? Despite the pain we’re all feeling in our portfolios, I think we’ve got a way to go. I base that conclusion on both...
May 23, 2022 @ 10:47 pm | Breaking News, Jubak Top 50 Portfolio, NVDA |
The most important indicator of market direction and sentiment this week will be Nvidia’s (NVDA) earnings report for the quarter that ended in April on Wednesday, May 25. Wall Street analysts and expect earnings of $1.09 a share. (That’s the consensus. The...
May 20, 2022 @ 3:13 pm | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, PANW |
I’m actually surprised that shares of cyber-security company Palo Alto Networks (PANW) rose only 10.7% in after-hours trading after the company reported adjusted fiscal third quarter earnings of $1.79 a share. That was ahead of the adjusted earnings of $1.68 a...
May 20, 2022 @ 2:15 pm | Breaking News, DBA, JJA, Jubak Picks Portfolio |
I expect volatility out of any position in commodities–especially in this economy with war raging in Ukraine and sanctions raining down on Russia. And I welcome the volatility–it’s what I buy commodities for right now–as long as I get paid for...
May 19, 2022 @ 6:39 pm | Breaking News, Jubak Picks Portfolio, USB |
Back on April 11 when I sold Wells Fargo (WFC) and the Invesco KBW Bank ETF (KBWB) out of portfolios to reduce my exposure to a slowing economy caused by the Federal Reserve interest rate increases, I kept my position in U.S. Bancorp (USB) because I wanted to collect...
May 19, 2022 @ 6:35 pm | Breaking News, JJA, Jubak Picks Portfolio |
My one-hundredth-and-thirty-seventh YouTube video “Quick Pick Invesco Agriculture ETF” went up today. My Quick Pick this week is the Invesco DB Agriculture ETF. If you follow me my JubakPicks.com and JubakAm.com sites, you’ll know I’ve been...
May 18, 2022 @ 5:12 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, PEP |
Ok, the bad news on profit margins from Target (TGT) was a big deal. No argument. When you’re operating margin falls to 5.37% when Wall Street was projecting 9.5%, it’s a big deal. And after yesterday’s earnings miss from Walmart (WMT), it’s...
May 18, 2022 @ 4:06 pm | Breaking News |
My one-hundredth-and-thirty-sixth YouTube video “Looking for a wider credit crunch” went up today. I think last week’s video worrying about a credit crunch in the consumer economy was a bit too optimistic. I’m now seeing signs in the market of...
May 18, 2022 @ 3:48 pm | Breaking News, COST, Jubak Picks Portfolio, WMT |
As of 3:30 p.m. Wednesday May 18 shares of Target (TGT) were down 25% for the day after the company reported a big earnings miss for the first quarter. Let’s be clear. The sales picture at Target was very positive for the quarter. Same store sales were up 3.3%...
May 17, 2022 @ 11:47 pm | ALB, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, Volatility |
New registrations for electric vehicles jumped 60% in the first quarter of 2022 from the first quarter of 2021. according to Experian Automotive. Electric vehicles made up an all-time record 4.6% of the total market. The news was even more positive given that overall...
May 17, 2022 @ 11:37 pm | BABA, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, TCEHY, Volatility |
Today, Tuesday May 17, China’s top economic official, Vice Premier Liu He, said that the government will support the development of digital economy companies and their public stock listings. The comments delivered after a symposium with the CEOs of some of the...
May 17, 2022 @ 5:47 pm | ALB, Breaking News, DE, FQVLF, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MRVL, NVDA, SCCO, USB |
In my weekend Saturday Night Quarterback on my subscription JubakAM.com site I said that this week would, probably, answer the question of whether Friday’s big bounce was just a bounce, the start of a buy on the dip rally, or even a bear market rally with a bit...
May 17, 2022 @ 1:26 pm | Breaking News, Buy Hold Sell |
Retail sales rose in April by 0.9%, the Commerce Department reported today. Sales rose in nine of 13 retail categories, including for discretionary items such as apparel, electronics, and furniture. Further buttressing the case for continued consumer spending...
May 15, 2022 @ 10:14 pm | AES, Breaking News, CRWD, Dividend Income Portfolio, GNRC, Jubak Picks Portfolio, OKTA, WCC |
I don’t know if Friday’s bounce will continue into the new week. I think the summer season is likely to be positive for revenue at many companies–travel, airlines, Las Vegas–but I don’t like the longer term fundamentals in the economy....
May 13, 2022 @ 9:30 pm | Breaking News, Jubak Top 50 Portfolio, MIDD |
My one-hundredth-and-thirty-fourth YouTube video “Quick Pick Middleby” went up today. My Quick Pick this week is Middleby (MIDD), a company that produces restaurant equipment. I’ve been following them for 20 years, during which time they’ve...
May 13, 2022 @ 7:44 pm | Breaking News, Buy Hold Sell, Volatility, You May Have Missed |
It’s easier to explain why stocks, especially technology stocks, staged a huge rally today, Friday May 13, than to predict whether or not the BIG BOUNCE will continue on Monday. But here’s my take and my recommendation for what to do on Monday....
May 12, 2022 @ 7:13 pm | Breaking News |
My one-hundredth-and-thirty-third YouTube video “My fear is a credit crunch” went up today. My fear is a credit crunch. I’m not as concerned with the Fed raising rates, or a recession–those are sort of run of the usual events. But a credit...
May 12, 2022 @ 7:07 pm | Breaking News |
But did he have to say it? The financial market would prefer not to think about inflation all the time. The markets are indeed pretty good at ignoring the inconvenient. But this morning Federal Reserve Bank of St. Louis President James Bullard said out loud what Wall...
May 11, 2022 @ 7:13 pm | Breaking News, Buy Hold Sell, You May Have Missed |
Inflation, as measured by the Consumer Price Index, fell in April to a year over year rate of 8.3%. That was down from an 8.5% rate in March, raising hopes that the economy had seen the inflation peak. But economists had been projecting a drop to 8.0% in April. Which...
May 9, 2022 @ 10:37 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, PEP |
Last week PepsiCo (PEP) declared a quarterly dividend of $1.15 a share, up about 7% from $1.075 a share. That brings the dividend yield up to 2.7%, almost exactly Coca-Cola’s (KO) 2.72% yield. On the basis of that yield and the pricing power that the company...
May 9, 2022 @ 10:02 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, PXD, You May Have Missed |
My one-hundredth-and-thirty-second YouTube video “Trend of the Week Give “Em the Cash” went up today. So far, so good this earnings season: oil and natural gas producers are holding the line on capital spending on new production, as they promised,...
May 9, 2022 @ 7:52 pm | Breaking News |
Normally, a report of 8% year over year inflation wouldn’t be considered good news for the financial markets. But in case you haven’t noticed, these aren’t normal times. Which means a report of 8% year over year inflation in April in the Consumer...
May 9, 2022 @ 7:49 pm | Breaking News |
Today, the Start & Poor’s 500 closed at 3991.24. That’s below the magic 4,000 level. For weeks investors and traders, technically inclined of not, have focused on 4,000 for the Standard & Poor’s 500. Because it’s a nice round number...
May 9, 2022 @ 7:39 pm | Breaking News, FQVLF |
Good timing. With copper and nickel prices near all-time highs and fears that the rapid growth of production of battery-powered cars would result in a severe nickel shortage, on Sunday First Quantum Minerals (FQVLF) announced that it would expand it Kansanshi copper...
May 6, 2022 @ 7:57 pm | Breaking News |
The U.S. economy aded 428,000 jobs in April, the Labor Department reported today, May 6. That matched the jobs gains in M arch and was above e the 380,000 jobs expected by economists surveyed by Bloomberg. The official unemployment rate remained at 3.6%. Economists...
May 6, 2022 @ 7:52 pm | Breaking News, UNG |
My one-hundredth-and-thirty-first YouTube video “Quick Pick: U.S. Natural Gas Fund” went up today. Natural gas hit an 18-year high in the United States on Thursday, May, even as oil was sliding. Consequently I’m looking for a pick that focuses on...