September 14, 2021 @ 6:41 pm | Breaking News |
This morning the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.3% in August (on a seasonally adjusted basis.) That comes after a 0.5% increase in July. Year over year the headline CPI rose 5.3% in August. That’s slightly below...
September 14, 2021 @ 12:13 am | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
Sign Up for Jim‘s Newsletter Back on September 4 I posted a video on YouTube and this site “September and October 2021 Worse Than Usual for Investors?” that argued that September, the worst performing month for the Standard & Poor’s 500 from 1950...
September 13, 2021 @ 7:57 pm | Breaking News |
Most of the major U.S. stock indexes broke a five-day slide today thanks largely to gains in the energy sector as crude prices rallied to a six-week high. Indexes such as the Standard & Poor’s 500 and the Dow Jones Industrial Average, with their energy...
September 13, 2021 @ 7:53 pm | Breaking News |
Economists expect the Consumer Price Index (CPI) to have edged lower in August in tomorrow morning’s report. Expectations are that the Core CPI, which excludes volatile food and energy prices, fell in August to a 4.2% year over year rate. The core CPI hit 4.5%...
September 5, 2021 @ 11:59 am | Breaking News |
I’m starting up my videos on again–this time using YouTube as a platform. My forty-sixth YouTube video “September and October 2021 Worse Than Usual for Investors?” went up today. The “solutions” post will go up Sunday. Please watch...
August 31, 2021 @ 8:03 am | Breaking News |
With apologies to the GoGos. “Vacation All I ever wanted Vacation Had to get away” I’m taking some time off starting today. I’ll be back at the keyboard full time on September 13. Except for travel days–like today and...
August 30, 2021 @ 7:51 pm | Breaking News, Jubak Picks Portfolio, OKTA, PANW |
In last week’s YouTube video QuickPick of Palo Alto Networks (PANW) I promised a longer take on the cybersecurity sector and another pick for my portfolios to go with Palo Alto Systems and CrowdStrike (CRWD). This post is that (somewhat) longer take and OKTA...
August 30, 2021 @ 7:44 pm | Breaking News, OKTA |
We’ve heard from Amazon, Alphabet, Facebook, Microsoft, and Apple. The earnings from the BIG GUYS are IN. But this week brings a bushel of earnings reports from the next generation in technology. And on recent performance these stocks have been out gaining most...
August 27, 2021 @ 7:58 pm | Breaking News |
Federal Reserve Chair Jerome Powell didn’t surprise Wall Street with his speech today at the (virtual) Jackson Hole central bankers conference. Instead he left the Federal Reserve on a path to begin reducing its purchases of Treasuries and mortgage-backed assets...
August 27, 2021 @ 7:51 pm | Breaking News, Jubak Picks Portfolio, PANW |
I’m starting up my videos on again–this time using YouTube as a platform. My forty-fifth YouTube video “QuickPick: Palo Alto Networks” went up today. The post to add another cybersecurity pick to my portfolios will go up this evening. Palo Alto...
August 26, 2021 @ 7:58 pm | Breaking News |
Investors and traders are hedging their bets–a little–ahead of tomorrow morning’s speech by Federal Reserve chair Jerome Powell at the central banker’s (virtual) Jackson Hole jamboree. The worry is that Powell will says something relatively...
August 25, 2021 @ 8:29 pm | Breaking News, Jubak Top 50 Portfolio, TSM |
Taiwan Semiconductor Manufacturing (TSM), which makes chips for everybody and everything, plans to raise prices on its silicon by 10% to 20% in 2022, DigiTimes reported today. The company will raise prices on “mature-technology chips” manufactured on 16...
August 25, 2021 @ 8:00 pm | Breaking News, Jubak Top 50 Portfolio |
I’m starting up my videos again–this time using YouTube as a platform. My forty-fourth YouTube video “Amazon miss is a big deal…for all stocks” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can...
August 24, 2021 @ 7:44 pm | Breaking News |
Today the Standard & Poor’s 500 gained just 0.15%. Trying volume was really light on the day at 1.735 billion shares. Normal average daily volume is almost twice that at 3.404 billion shares. Just about what I’d expect from a stock market where...
August 24, 2021 @ 7:39 pm | Breaking News, F, Jubak Picks Portfolio |
Shares of Ford Motor (F) are up 2.75% as of the close in New York today, August 24, on news that the company has doubled its production target for the F-150 Lightning because of strong early demand for the full-sized electric pickup truck ahead of its 2022 launch. The...
August 23, 2021 @ 7:46 pm | Breaking News |
Today Delta Variant optimism ruled. First, investors cheered as the Food & Drug Administration granted full approval to the Pfizer-BioNTech coronavirus vaccine. That status replaces the “emergency use” authorization and it should, the theory goes,...
August 20, 2021 @ 7:59 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My forty-third YouTube video “QuickPick: Procter & Gamble”-went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it below:...
August 20, 2021 @ 7:47 pm | Breaking News |
This quote on Bloomberg today caught my eye. It may be a crucial explanation for why the market is so unfazed by the possibility that the Federal Reserve might announce a schedule for paring back its $120 billion in bond purchases either at next week’s central...
August 19, 2021 @ 7:35 pm | BABA, Breaking News, JO, Jubak Picks Portfolio, Jubak Top 50 Portfolio, TCEHY |
I’m starting up my videos again–this time using YouTube as a platform. My forty-second YouTube video “3 China stocks to buy but not now”-went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it below:...
August 19, 2021 @ 7:24 pm | Breaking News |
Today Microsoft (MSFT) closed up 2.08%. The NASDAQ 100 was ahead just 0.51% and the Standard & Poor’s 500 gained only 0.13%. The gains took Microsoft shares to a record intraday high of $297.35. Why the extra pop in Microsoft shares? Because today Microsoft...
August 18, 2021 @ 7:32 pm | Breaking News |
Very little mystery about what sent stocks lower today, August 18. As of 2:10 p.m. New York time the Dow Jones Industrial Average was essentially flat for the day with a tick down of just 0.05%. By 2:16, after the release of minutes from the Federal Reserve’s...
August 17, 2021 @ 7:26 pm | Breaking News, Jubak Picks Portfolio, MGM, WH |
I try to use big up and (especially) down days in the stock market to stress test my portfolio. One of the things I look to learn from a high volatility down days is how the hedges that I’ve put on to protect my portfolio work under big stress. So, for example,...
August 17, 2021 @ 7:15 pm | Breaking News |
Retail sales dropped 1.1% in July, the Commerce Department reported today, August 17. Sales of furniture, sporting goods, building materials, cars and auto parts were all down strongly in the month. Sales at non-store retailers, which include e-commerce sales, dropped...
August 17, 2021 @ 6:58 pm | Breaking News, Dividend Income Portfolio, Jubak Top 50 Portfolio |
On Monday the Chinese government reported that the country’s economy slowed more than expected in July. Retail sales were crimped by tough new virus restrictions introduced toward the end of the month to contain fresh outbreaks. Retail sales rose by 8.5% near...
August 16, 2021 @ 7:12 pm | Breaking News |
Look for attention to start to shift from the amazing earnings growth story in the second quarter to increasingly uncertain projections for the third and fourth quarters of 2021. It’s not an official finish line, mind you, but second quarter earnings season...
August 16, 2021 @ 7:04 pm | Breaking News |
The Chinese government reported today that the country’s economy slowed more than expected in July. Retail sales were crimped by tough new virus restrictions introduced toward the end of the month to contain fresh outbreaks. Retail sales rose by 8.5% near over...
August 13, 2021 @ 7:28 pm | Breaking News |
The politics and the science argue that this fall we’re not going to see a repeat of the economic lockdowns put in place in 2020 in an attempt to control the spread of the coronavirus. But it’s also clear that the the current huge surge in infections from...
August 13, 2021 @ 7:23 pm | Breaking News |
For the week ended on August 13, U.S. oil and natural gas companies added 9 oil and natural gas drilling rigs to bring the total rig count to 500. That’s up 256 rigs, or 105%, from a record low of 244 in the summer of 2020, according to Baker Hughes. U.S. oil...
August 12, 2021 @ 7:24 pm | Breaking News, Jubak Top 50 Portfolio |
I’m starting up my videos on again–this time using YouTube as a platform. My forty-first YouTube video “QuickPick Johnson Controls”-went up today. (By the way, Johnson Controls is a member of my long-term 50 Stocks Portfolio.) Please watch and...
August 11, 2021 @ 7:49 pm | Breaking News |
The Consumer Price Index climbed 0.5% in July. That was in line with Wall Street expectations. And down from the 0.9% gain in the inflation index reported for June. That was enough to send stock prices higher as investors and traders decided the data supports the...