April 20, 2022 @ 8:14 pm | AMZN, Breaking News, COST, Jubak Picks Portfolio |
Today, as we watch Netflix (NFLX) edge toward a drop of 35% at the close on yesterday’s huge earnings disappointment, the name of the game is “Find the new Netflix.” Other streaming service companies? Sure. An obvious choice. Shares of Disney (DIS)...
April 19, 2022 @ 7:24 pm | Breaking News |
Here’s what caught my eye yesterday, April 18. For a big change from recent losses, the chip group of stocks was all in the green. And not just by a pinch either. Yesterday Nvidia (NVDA) was up 2.47%: NXP Semiconductors (NXPI) was up 1.91%; Synaptics (SYNA) was...
April 19, 2022 @ 7:13 pm | Breaking News, Buy Hold Sell |
The International Monetary Fund cut its forecast for global economic growth in today’s regular update of its World Economic Outlook. The IMF is now projecting global economic growth of 3.6% in 2022. That’s down from a forecast of 4.4% growth in January...
April 19, 2022 @ 7:07 pm | Breaking News, DAL, Jubak Picks Portfolio |
Oil is down strongly today with U.S. benchmark West Texas Intermediate lower by 5.13% to $102.61 a barrel. You don’t need to look in obscure, dark corners of the financial market for the reason. The IMF sharply cut its forecast for global growth today and China...
April 18, 2022 @ 7:15 pm | Breaking News |
Forget about all the hoopla over Tesla (TSLA) founder Elon Musk’s bid to buy Twitter (TWTR). (If you can.) On Wednesday, when the electric car leader announces first quarter 2022 earnings the story will be China, China, China. China’s strict Pandemic...
April 18, 2022 @ 7:08 pm | Breaking News, QCOM, S |
My one-hundredth-and-twenty-second YouTube video “Trend of the Week: A Summer Rally for Two Underdog Tech Stocks” went up today. This week’s video looks at the implications of the coming “summer rally” for 2 tech stocks that have been...
April 14, 2022 @ 7:54 pm | Breaking News |
My one-hundredth-and-twentieth YouTube video “Trend of the Week How to Sell in this Market” went up today. This week’s video is an add-on to a special report I did for my JubakAM.com suscription site, “An Investor’s Guide to Selling Over...
April 14, 2022 @ 7:51 pm | Breaking News |
My one-hundredth-and-twenty-first YouTube video “Another Global Financial Crisis?” went up today. In this week’s video, I’m looking at Sri Lanka’s announcement that it will default on its foreign debt as the canary in the coal mine for a...
April 13, 2022 @ 10:27 pm | Breaking News, DAL, Jubak Picks Portfolio |
Delta Air Lines (DAL) reported a smaller than expected first quarter loss today and shares rose strongly after the company said a strong rebound in summer traffic would turn results positive in the second quarter. As of noon New York time Delta shares were up 4.51%....
April 13, 2022 @ 7:09 pm | Breaking News |
The Producer Price Index (PPI), which tracks prices at the wholesale level, showed a 2.4% month to month increase in food costs for March from February. the Bureau of Labor Statistics reported this morning. That was the biggest month to month increase in 10 months....
April 12, 2022 @ 7:28 pm | Breaking News |
China’s Premier Li Keqiang issued a third warning about risks to economic growth. Authorities should “add a sense of urgency” when implementing existing policies, Li told local authorities at a seminar Monday. China will study and adopt stronger economic policies as...
April 12, 2022 @ 7:26 pm | Breaking News |
As of noon New York time today, April 12, the Standard & Poor’s 500 was up 0.47% and the Dow Jones Industrial Average had gained 0.34%. The NASDAQ Composite was higher by 0.73% and the NASDAQ 100 had moved up by 0.67%. The small cap Russell 2000 had tacked...
April 12, 2022 @ 7:20 pm | Breaking News |
The Great Plains could see its most significant drought in a decade, Becky Bolinger, assistant state climatologist for Colorado and a research scientist at Colorado State University, wrote in the Washington Post on April 11. According to the U.S. Drought Monitor, 70%...
April 11, 2022 @ 8:10 pm | BAC, Breaking News, C, Dividend Income Portfolio, Jubak Picks Portfolio, USB, WFC |
Just want to make sure that no one missed the sell recommendations in yesterday’s Saturday Night Quarterback post on my subscription JubakAM.com site. Big banks will kick off another earnings season beginning with JPMorgan Chase (JPM) on Wednesday, April 13....
April 11, 2022 @ 7:56 pm | Breaking News, DAL, Jubak Picks Portfolio |
As of 3 p.m. New York time Monday, April 11, airline stocks were rallying strongly ahead of Delta Air Lines (DAL) earnings report Wednesday morning. The stocks gave up some ground at the close but still finished the day strongly Delta shares were up 4.68% at 3 p.m....
April 8, 2022 @ 10:24 pm | Breaking News |
Economists surveyed by Bloomberg now say that consumer price index (CPI) inflation will average 5.7% in the final three months of 2022. That’s up from a forecast of 4.5% a month ago. (The March CPI report is due on Tuesday, April 12.) These economists also upped...
April 8, 2022 @ 10:17 pm | Breaking News |
My one-hundredth-and-twentieth YouTube video “Quick Pick: Tellurian” went up today. I see an opportunity in Tellurian (and its penny stock) and its ambitious plans for adding new liquified natural gas supply in the U.S. Tellurian (TELL) reminds me of...
April 7, 2022 @ 11:01 pm | Breaking News, Jubak Picks Portfolio |
My one-hundredth-and -nineteenth YouTube video “Time to buy oil on the dip” went up today. We’ve had a pretty good dip over the last few days in oil prices. I think that comes from a trading pullback from a quick run-up in prices, as well as optimism...
April 7, 2022 @ 10:51 pm | Breaking News, Buy Hold Sell, Dividend Income Portfolio, PFE |
Pfizer (PFE) will buy privately held respiratory syncytial virus drug maker ReViral for up to $525 million. Wall Street liked the deal–the stock was up 4.33% today, April 7–because it fits with Pfizer’s RNA virus program–which produced a...
April 6, 2022 @ 10:01 pm | Breaking News |
Minutes from the March meeting of the Federal Reserve released Wednesday, April 6, showed that only Russia’s invasion of Ukraine kept the central bank from raising benchmark interest rates by 50 basis points instead the 25 basis-point increase the Fed actually...
April 6, 2022 @ 9:56 pm | Breaking News, Buy Hold Sell |
Today, April 6, oil fell to the lowest since mid-March today. U.S.benchmark West Texas Intermediate closed below $97 a barrel at $96.23 (down 4.98%) for May delivery. International benchmark Brent lost 4.63% to close at $101.07 a barrel. The news driving the selloff:...
April 5, 2022 @ 11:27 pm | Breaking News, Buy Hold Sell |
On Monday consumer discretionary stocks gained as investors decided risk was again “buyable.” The Consumer Discretionary Select Sector SPDR ETF (XLY) gained 2.25% on the day while the Consumer Staples Select Sector SPDR ETFdipped 0.31%. Tuesday,April 5...
April 5, 2022 @ 11:03 pm | Breaking News |
In remarks prepared for a Tuesday speech to the Minneapolis Federal Reserve Bank Federal Reserve Governor Lael Brainard said “Currently, inflation is much too high and is subject to upside risks. The committee is prepared to take stronger action if indicators of...
April 5, 2022 @ 12:07 am | Breaking News |
My one-hundredth-and eighteenth YouTube video “Trend of the Week: Low VIX in a risky market?” went up today. This week’s Trend of the Week asks Why, despite all the turmoil in the markets, has the CBOE Volatility Index–also known as the VIX, or...
April 5, 2022 @ 12:01 am | Breaking News, Jubak Picks Portfolio, WMT, You May Have Missed |
Tomorrow I will add shares of Walmart (WMT) to my Jubak Picks Portfolio. The stock is one of the 12 “Recession Picks” in my current Special Report: A Recession is Coming–Three Portfolio Strategies for a Recession; and 12 Recession Stock Picks on my...
April 1, 2022 @ 4:56 pm | Breaking News |
The national job creation machine roared ahead in March. The U.S. economy aded 431,000 jobs. The official unemployment rate fell to a Pandemic low of 3.6 percent. This is the 11th consecutive month in which the economy added 400,000 or more jobs. The economy has...
April 1, 2022 @ 4:52 pm | Breaking News |
My one-hundredth-and seventeenth YouTube video “Quick Pick Utilities ETF XLU”” went up today. This week’s Quick Pick is a utilities ETF. Utilities are a good place to turn to for the next few months before we hit a full recession slowdown. This...
March 31, 2022 @ 10:23 pm | Breaking News, DNNGY, Jubak Picks Portfolio, VWDRY |
A couple of days doesn’t a trend make, but the trading action in European wind stocks has caught my eye in the last week or so. Yesterday, Wednesday, March 30, wind turbine maker Vestas Wind Systems (VWDRY) gained 5.80%. That took the stock to a gain of 4.60% in...
March 31, 2022 @ 7:49 pm | Breaking News |
China’s official purchasing managers’ index (PMI) fell to 49.5 in March, the government announced on Wednesday. In this index any reading below 50 signals that the sector is in contraction. This is the first time in five months that this index has shown...
March 31, 2022 @ 7:45 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My one-hundredth-and seventeenth YouTube video “The Death of the Global Economic Order” went up today. Is it forward to the 16th century? One of the lessons that many...