Watch my new YouTube video: Recalculating the interest rate outlook for 2022
I’m starting up my videos again–this time using YouTube as a platform. My seventy-second YouTube video “Recalculating the interest rate outlook for 2022” went up today. Please watch and subscribe to my YouTube channel. And like my video....
Selling remaining Treasury ETFs out of my portfolios
On what looks like solid odds for interest rate increases in 2022, I’m selling my remaining Treasury ETFs out of my portfolios. (Treasuries drop in price as interest rate and yields climb.) I’m selling the Vanguard Short-Term Treasury ETF (VGSH) out of my...
A Biden vote of confidence in Powell at the Fed is a vote of no confidence in the economy
I realize this is very contrarian, but… This morning President Joe Biden announced that he will renominate Jerome Powell to another four-year term as chairman of the Federal Reserve. Wall Street sounds like it’s generally happy with the...
Apple is Pick #5 for my Special Report: It’s a Market Melt Up!! on JubakAM.Com. (And for my Jubak Picks and Volatility portfolios tomorrow)
It was sure hard to see a market melt up today, November 22. The Standard & Poor’s 500 was down 0.32% and the NASDAQ Composite fell 1.26%. Market leaders in the melt up rally like Applied Materials (AMAT) and Microsoft (MSFT) were down 1.65% and 0.96%,...
I’m looking for a test of Friday’s rotation into tech stocks
This week I expect a test of the Friday’s rotation into technology stocks and away from anything that depends on economies remaining relatively free of Pandemic restrictions. On Friday, the winners were technology shares–Apple, Amazon, Tesla, Nvidia, for...
Watch my new YouTube video: “QuickPick Qualcomm”
I’m starting up my videos on again–this time using YouTube as a platform. My seventy-first YouTube video “QuickPick Qualcomm” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
Watch my YouTube video: The rally narrows–or does it?
I’m starting up my videos again–this time using YouTube as a platform. My seventieth YouTube video “The rally narrows–or does it?” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...Forward into the past with tech stocks: We’ve seen this market before
On November 15 in my post on what’s priced in and what’s not, I noted that an upsurge in Covid infections this winter wasn’t priced in. And that evidence of a new wave from Europe where infection rates have headed higher in what might be a preview...
Nvidia beats: Does this set the stage for the next leg up in stocks?
On Saturday I posted–on my subscription JubakAM.Com site, that Nvidia’s (NVDA) earnings report on November 17–that is today–and the market reaction to the company’s quarterly earnings report would tell us a lot about market sentiment and...
Please watch my new YouTube Video: Trend of the Week Big Pharma for Safety
I’m starting up my videos again–this time using YouTube as a platform. My sixty-ninth YouTube video “Trend of the Week Big Pharma for Safety” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
Are oil prices headed lower? OPEC thinks so; Wall Street disagrees
OPEC has decided that the current global economic recovery is very fragile and that the smart course is to raise production only gradually. The Organization of Petroleum Exporting Countries said the global oil market will switch from being under-supplied to...
October retail sales come in with 1.7% increase from September, most in 7 months
U.S. retail sales rose in October for a third month. The value of overall retail purchases increased 1.7% last month, the most in seven months, the Commerce Department said today, November 16. Excluding gas and motor vehicles, sales gained 1.4% in October. The figures...
With stocks at record highs, what’s priced in (or not)?
Making a list. Checking it twice. Gonna find out what’s priced in or not. With stocks trading at record highs, I’d argue that nothing is as important as what “news” is priced in–or not. If stocks have priced in all the likely good news,...
Record 4.4 million U.S.workers quit their jobs in Sptember
A record 4.4 million Americans quit their jobs in September. September’s “quit” numbers constituted 3% of the workforce, according to the Bureau of Labor Statistics. That’s up from the previous record set in August, when 4.3 million people quit their jobs —...
Watch my new YouTube Video: Quick Pick Li-Cycle Holdings
I’m starting up my videos again–this time using YouTube as a platform. My sixty-eighth YouTube video “Quick Pick Li-Cycle Holdings” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
Consumer inflation up 6.2% year over year in October for biggest annual jump since 1991
In October the headline Consumer Price Index rose 0.9% from September and 6.2% from October 2020, according to the U.S. Labor Department. The increases exceeded all estimates from economists surveyed by Bloomberg. Higher prices for energy, shelter, food and vehicles...
Now it’s China feeding inflation fears
China’s factory-gate prices, the Chinese equivalent of the U.S. Producer Price Index, grew at the fastest pace in 26 years in October. Factory inflation climbed 13.5% year over year, the National Bureau of Statistics reported Wednesday.(Economimsts had projected a...
As Glasgow climate change conference ends, 2 reports say things are even worse than they seem–and they seem pretty terrible
We’re still not serious about fighting global warming. As the Glasgow global climate conference whimpers to a close on November 12–another year of delay and inadequate action, but, hey, we’ve got plenty of time right (maybe even 8 or 9...
Watch my new YouTube video: Trend of the Week Biotech
I’m starting up my videos again–this time using YouTube as a platform. My sixty-sixth YouTube video “Trend of the Week: Biotech” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
Buying Generac Holdings on the dip and on “not enough” global climate conference results
I wouldn’t call the Glasgow Global Climate Summit, which wraps up on November 12, a failure. The pledge to reduce methane emissions is an important step forward: Methane is an extremely powerful global warming gas. And the promise of a big step up in global...
My picks for infrastructure stocks after Congress finally acts
There was a mad scramble today as Wall Street tried to identify the winners from the $1.2 trillion ($550 billion in new money) infrastructure bill passed by the House of Representatives (finally) late on Friday night. President Joe Biden will sign the bill, which...
What we need is a Crappy Jobs Index
This morning the Bureau of Labor Statistics reported the U.S. jobs numbers for October. The official unemployment rate fell to 4.6% in October. That’s down from 4.8% in September and better than the drop to 4.7% expected by economists surveyed by Bloomberg. The...
Fed, jobs report clears the deck for an end of the year market melt up
The dominoes keep tumbling and I think we’re now set up for one of those extremely volatile market melt ups through early January. First, on Wednesday, the Federal Reserve removed a big worry hanging over the stock market when it announced that it would begin...
Move over Fed; Treasury is about to cut its bond insurance by $1 trillion
While financial markets try to guess the pace at which the Federal Reserve will reduce its $120 billion a month in Treasury and mortgage-backed asset purchases, the Treasury Department looks to be on the verge of scaling back its quarterly sale of longer-term Treasury...
Fed says it will start taper of asset purchases in November with end to buying by middle of 2022
After today’s meeting of the Federal Reserve’s Open Market Committee the U.S. central bank said it would start slowing the pace of its monthly $120 billion in asset purchases this month. The slowdown would take place at a rate of $15 billion a month, which...
Watch my new YouTube video: Trend of the Week Timing the Oil Stock Rally”
I’m starting up my videos again–this time using YouTube as a platform. My sixty-third YouTube video “Trend of the Week: Timing the Oil Stock Rally” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see...
With November we move to the best six months of the year from the worst
What a difference turning a page of the calendar makes. Historically speaking. November marks the beginning of the best six months of the year for market returns. According to the Stock Trader’s Almanac, from 1950 through 2020, the Dow Jones Industrial Average...
Watch my new YouTube video: Will we repeat the mistakes of the Great Depression?
I’m starting up my videos on again–this time using YouTube as a platform. My sixty-first YouTube video “Will we repeat the mistakes of the Great Depression?” went up today. Please watch and subscribe to my YouTube channel. And like my video....
Ford raises 2121 earnings forecast and reinstates dividend
So far Ford Motor (F) is meeting the expectations I had when I added it to the Jubak Picks Portfolio on June 9, 2021. On Wednesday, October 27, the company raised its earnings forecast (EBITDA) for 2121 to $10.5 billion to $11.5 billion on an improved supply of chips,...Jim’s Daily Email Alerts:
Every post from Jubak Picks straight to your mailbox. And they're free!