January 14, 2022 @ 7:42 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My eighty-eighth YouTube video “QuickPick: The Trade Desk” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
January 12, 2022 @ 7:34 pm | Breaking News, Buy Hold Sell, Jubak Picks Portfolio, WFC, You May Have Missed |
Wells Fargo (WFC) is scheduled to report fourth quarter 2021 earnings on Friday, January 14. The bank is expected to be one of the few big money center banks to show a significant increase in earnings for the lat quarter of 2021 from the fourth quarter of 2020 (when...
January 12, 2022 @ 7:31 pm | Breaking News |
As of the close in New York on Wednesday, January 12, the Standard & Poor’s 500 was up 0.28%; the Dow Jones Industrial Average had edged higher by 0.11%; and the NASDAQ Composite had climbed 0.23%. Even though, the Labor Department reported this morning...
January 11, 2022 @ 10:54 pm | Breaking News |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My eighty-six YouTube video “Bitcoin and Kazakhstan” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
January 11, 2022 @ 10:41 pm | Breaking News, COP, Jubak Picks Portfolio |
I’m starting up my videos again–this time using YouTube as a platform. My eighty-fifth YouTube video “QuickPick Conoco Phillips” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
January 11, 2022 @ 7:32 pm | Breaking News |
The big news out of Federal Reserve Chair Jerome Powell’s told Congress appearance before the Senate today (President Joe Biden has nominated him for another term as head of the Fed) was that if inflation doesn’t come down, the Fed would more aggressively...
January 10, 2022 @ 7:43 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My eighty-fourth YouTube video “3 Picks for When the Tech Selling Stops” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
January 6, 2022 @ 7:35 pm | Breaking News |
Applications for unemployment benefits in regular state programs rose last week to 207,000 for the week ended January 1, the Labor Department reported today, Thursday, January 6. That was up 7,000 from the prior week and above the 195,000 predicted by economists...
January 6, 2022 @ 7:30 pm | Breaking News, Buy Hold Sell, Dividend Income Portfolio |
One of my many New Year’s resolutions (I get pretty granular. Poor Richard has nothing on me when it comes to goal setting for self-improvement) was to do a better job of keeping the performance reports of my portfolios up to date. I’ve fallen two years...
January 5, 2022 @ 7:28 pm | Breaking News, Buy Hold Sell, You May Have Missed |
Today, the Federal Reserve released its minutes from its December 15 meeting of its interest-rate setting body the Federal Open Market Committee. Investors and traders didn’t like what they thought they heard–a growing consensus on a first interest rate...
January 5, 2022 @ 7:23 pm | Breaking News |
U.S. private payrolls grew by 807,000 in December, according to ADP Research Institute today. That’s the most jobs added in a month in seven months. Economists surveyed by Bloomberg had projected an increase of 410,000. Financial market reaction has been modest...
January 4, 2022 @ 7:06 pm | Breaking News, F, Jubak Picks Portfolio |
As of the close New York today Ford Motor (F) shares were up 11.67% after the company announced it would nearly double production capacity to meet demand for its upcoming F-150 Lightning electric pickup truck. The price of $24.31 is a 21-year high for Ford’s...
January 4, 2022 @ 7:02 pm | AAPL, Breaking News, Jubak Picks Portfolio |
When I bought shares of Apple (AAPL) in my Jubak Picks and Volatility Portfolios, I was looking for gains from the end of the year rally (which kind of fizzed out) and the traditional Santa Claus rally (which came through as expected) to drive shares higher in the...
January 3, 2022 @ 7:52 pm | BABA, Breaking News, Jubak Top 50 Portfolio, TCEHY, You May Have Missed |
Shares in China Evergrande Group have been suspended from trading in Hong Kong, the property developer announced on Monday. The company did not give a reason. Leaving us to speculate and there’s plenty to speculate with. Evergrande missed new coupon payments of...
January 3, 2022 @ 7:32 pm | Breaking News, Buy Hold Sell |
In other years, this would be a no-brainer Yes! What we have right now is a classic, tried-and-true set up for big gains from buying China stocks. China is near the end, probably, of a big sell off. We’re talking drops of 20% or more. Much more. Market leaders...
January 3, 2022 @ 7:22 pm | Breaking News, You May Have Missed |
The yield on the 10-year Treasury is up 11 basis points as of 1:30 p.m. New York time today, Monday, January 3, to 1.62%. That’s the first time the yield has been above 1.60% since the emergence of the Omicron Variant in November. The yield on the 30-year...
December 30, 2021 @ 7:52 pm | Breaking News, CX, ITUB, Jubak Top 50 Portfolio |
We’ve got just two more trading sessions left in 2021. And then it’s on to 2022. Which means you should have wrapped up–or making any last minute sells–to harvest tax losses from 2021 in the next day or so. Of course, being the tax-savvy...
December 30, 2021 @ 7:48 pm | Breaking News |
For the week ended December 25, U.S. workers filed 198,000 new claims for unemployment, a drop of 8,000 from the previous week and below the 206,000 initial claims expected by economists surveyed by Bloomberg. Continuing claims for unemployment for the week ended...
December 29, 2021 @ 7:12 pm | Breaking News |
Today, Wednesday December 29, the yield on the 10-year Treasury is up 6 basis points to 1.54% and is now up 60 basis points in the last year. You sure could see this as evidence that yields are headed toward the magical 2% level in 2022. But we’re been here...
December 27, 2021 @ 7:40 pm | Breaking News |
I hope everyone was able to share the holiday with those who you love. Remember that the days are getting longer again. I’m rooting for the light. Thought I’d share the family tree. (No one got a lump of coal in their stocking. This year.) Stay...
December 27, 2021 @ 7:32 pm | Breaking News, Buy Hold Sell |
Judging from the close of Monday’s trading session, there looks to be enough fuel for a Santa Claus rally to end 2021. The Standard & Poor’s 500 closed up 1.38% and the Dow Jones Industrial Average gained 0.98%. The NASDAQ Composite was ahead by 1.39%...
December 23, 2021 @ 7:16 pm | Breaking News, Buy Hold Sell |
205,000 workers filed initial claims for unemployment benefits last week. That was the same as in the prior week. And not far off the five-decade low recorded earlier in December. Which is good news considering the threat of the Omicron Variant to the economy. Except...
December 22, 2021 @ 7:23 pm | Breaking News |
It qualifies as good news certainly. Better than a poke in the eye with a sharp stick, as they say. But it’s not big good news. Real gross domestic product (that is after inflation) increased at an annual rate of 2.3 percent in the third quarter of 2021, the...
December 22, 2021 @ 7:00 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My eighty-third YouTube video “A new trade war with China?” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
December 21, 2021 @ 7:34 pm | Breaking News |
Yesterday the Standard & Poor’s 500 fell 1.14% and market leading stocks such as Applied Materials (AMAT) dropped 0.78%. Big drug stocks made up the only sector in the green as Pfizer (PFE) rose 2.59%,and AbbVie (ABBV) gained 1.23%. The fears yesterday were...
December 21, 2021 @ 7:31 pm | Breaking News |
I’ve learned over the years never to think that a piece of legislation is dead until I’ve seen its proponents cut off its head and bury it at a cross roads with garlic around its neck and a stake through its heart. But I’d certainly entertain the...
December 20, 2021 @ 7:14 pm | Breaking News |
and I’ll be notifying the three winners of a free subscription to my $199 JubakAm.com investing Internet newsletter by email tonight. Thanks to all who participated.
December 20, 2021 @ 7:05 pm | Breaking News |
It’s actually surprising that markets aren’t down more so far today. As of noon New York time, the Standard & Poor’s 500 is lower by 1.62% and the Dow Jones Industrial Average is down 1.75%. The NASDAQ Composite has lost 1.65% and the NASDAQ 100...
December 20, 2021 @ 6:57 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My eighty-second YouTube video “QuickPick EverSource (update)” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
December 16, 2021 @ 7:58 pm | Breaking News, Buy Hold Sell |
Looking ahead at 2022, it’s not too hard to list the forces that will drive the financial markets. Putting those forces together and blocking out a schedule for their effects on the stock market? Well, that’s a lot harder. But let me try. Here’s my...