August 11, 2021 @ 7:44 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My fortieth YouTube video “3 picks for the fall tech rotation”-went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it below:...
August 10, 2021 @ 7:32 pm | Breaking News |
Back in 2018 the Federal Reserve started to run down its valance sheet out of concern that its asset pile had grown so large that the central bank was in danger of becoming the market for things like Treasuries and mortgage-backed assets. (For some of the dangers in...
August 10, 2021 @ 7:28 pm | Breaking News |
The $1.2 trillion infrastructure bill that the Senate passed today–roughly half of that represents new spending–still faces a tough go in the House of Representatives where progressive Democrats have criticized the measure as light on dollars to fight...
August 6, 2021 @ 5:34 pm | Breaking News |
This morning the Labor Department released its July jobs report. It showed a gain in non-farm payrolls of 943,000 against 938,000 in June and the 865,000 proejcted by economists surveyed by Bloomberg. The headline unemployment rate fell to 5.4% from 5.9% in June and a...
August 6, 2021 @ 5:26 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My thirty-ninth YouTube video “Will China sink global stocks?”-went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
August 5, 2021 @ 7:34 pm | Breaking News |
Today President Joe Biden unveiled a plan that would speed up the transition to electric vehicles in the United States. Included was an executive order (in this case a goal) calling for half of new passenger car sales to be of electric vehicles powered by batteries...
August 5, 2021 @ 7:29 pm | Breaking News |
With the report of 94 new local infections marking the broadest outbreak since the first in Wuhan in 2019, China imposed new restrictions on travel in 144 of the worst hit areas. The new rules curtail public transit and taxi service, curb train and subway service, and...
August 5, 2021 @ 7:25 pm | Breaking News |
It’s the problem that won’t go away if you’re looking to build a diversified portfolio of ETFs (or any other asset) to manage the risk that some one asset class will implode unexpectedly. Given the continued outperformance of U.S. stocks, How do you...
August 5, 2021 @ 7:19 pm | Breaking News, CMI, Jubak Top 50 Portfolio |
I’m starting up my videos again–this time using YouTube as a platform. My thirty-eighth YouTube video “QuickPick: Cummins”-went up today. (I’d also note that Cummins has been a member of my long-term 50 Stocks Portfolio since May 3, 2013....
August 2, 2021 @ 7:58 pm | Breaking News |
I’m looking for answers to two big questions that earnings from Amazon (AMZN) and Caterpillar (CAT) left us with last week. In the case of Amazon, where the company reported a slide in revenue growth after a big bump in sales due to everybody ordering everything...
July 29, 2021 @ 7:38 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My thirty-seventh YouTube video “QuickPick: Shimano”-went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
July 29, 2021 @ 7:32 pm | Breaking News |
U.S. gross domestic product grew 1.6% in the second quarter of the year, the Commerce Department said today, July 29. That’s up from 1.5% growth in the first quarter of 2021. On an annualized basis, second-quarter growth was 6.5 percent. It is, however, well...
July 28, 2021 @ 5:23 pm | Breaking News |
Senate Democrats and Republicans on Wednesday appeared to clinch a deal that would invest roughly $1 trillion into the nation’s infrastructure. The new agreement — announced separately by two of its lead negotiators, Senators Rob Portman (R-Ohio) and Kyrsten Sinema...
July 28, 2021 @ 5:18 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My thirty-sixth YouTube video “Is China un-investable?”-went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
July 28, 2021 @ 5:13 pm | Breaking News |
No change. But change coming someday. (Not soon, though.) That was the message from today’s meeting of the Federal Reserve’s Open Market Committee. The central bank held interest rates steady at 0% to 0.25% and maintained its schedule for purchases of...
July 23, 2021 @ 7:41 pm | Breaking News, Jubak Picks Portfolio, MSFT |
After picking up; 1.3% yesterday, shares of Microsoft added 1.23% today, Friday, July 23, as Wall Street analysts raised earnings estimates ahead of the company’s July 27 earnings report. It’s a tried and true earnings season game: No analyst wants to be...
July 22, 2021 @ 7:54 pm | Breaking News |
For the third time in six weeks, initial claims for unemployment in regular state programs rose. The number of new claims grew to 419,000 from 368,000, according to data from the Department of Labor. Economists surveyed by Bloomberg had expected a slight drop to...
July 22, 2021 @ 7:47 pm | Breaking News |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My thirty-fifth YouTube video “QuickPick–For bank disruptors, buy Square” went up today. Please watch and subscribe to my YouTube channel. And like my...
July 22, 2021 @ 7:38 pm | Breaking News |
The Standard & Poor’s 500 closed up 0.20% today, July 22. The Dow Jones Industrial Average squeezed out a 0.07% gain. But if you were looking for bigger upside moves, turn your eyes to the technology sector. The NASDAQ Composite was up 0.36% and the NASDAQ...
July 21, 2021 @ 11:17 pm | Breaking News, Jubak Top 50 Portfolio, NVDA |
Nvidia (NVDA) finally began trading at a price adjusted for the stock’s announced 4 for 1 split. At the close the shares traded at $194.10, a gain of $7.98 a share (or a pre-split $31.92 gain), up 4.29% on the day. The solid move higher bodes well for...
July 20, 2021 @ 7:18 pm | Breaking News |
Today investors and traders ran to buy all the re-opening, post-vaccine recovery, cyclical stocks that they dumped yesterday. Macy’s (M) is up 4.29% as of 3:30 p.m. New York time after plunging 4.90% yesterday. Amusement park operator Cedar Fair (FUN) is up...
July 19, 2021 @ 7:06 pm | Breaking News |
Today, Monday, July 19, stocks accelerated their retreat from the end of last week on fears that a fourth wave of the pandemic, fueled by the Delta variant, will crush hopes that the economy is headed back to normal. As of the close New York the Standard &...
July 19, 2021 @ 6:52 pm | Breaking News, IFNNY, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NVDA, NXPI, TSM |
On Thursday, July 15, Taiwan Semiconductor Manufacturing (TSM), the world’s leading chip foundry, reported earnings of 93 cents a share for the second quarter, up 18% year over year. That was inline with analyst estimates. Sales rose 28%. The company raised its...
July 19, 2021 @ 6:45 pm | Breaking News |
Tune in to my live Q&A on Wednesday via my YouTube channel. You can also leave me questions to answer (What’s the meaning of life? Who left the cap off the toothpaste again?) in the comments to this post.
July 16, 2021 @ 6:52 pm | Breaking News |
U.S. retail sales surged 18.0% in June from June 2020, the Commerce Department reported today. Demand for goods remained strong but spending is clearly shifting back to services. Stocks fell despite the good news with economic recovery and post-vaccine recovery stocks...
July 15, 2021 @ 7:58 pm | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
I’m starting up my videos again–this time using YouTube as a platform. My thirty-fourth YouTube video “QuickPick: 3 reasons to buy Deere” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
July 15, 2021 @ 7:49 pm | BABA, Breaking News, Jubak Top 50 Portfolio, TCEHY |
China’s economy grew by 7.9% in the second quarter of 2021 from the second quarter of 2020. That was a huge slowdown from the 18.3% year over year growth in the first quarter. No one had expected that growth surge from the end of pandemic lockdowns to be...
July 14, 2021 @ 7:38 pm | Breaking News |
Chinese regulators gave unconditional approval Tuesday to Tencent Holdings (TCEHY) to acquire Sogou, China’s second-largest search engine company. That was a huge relief to investors who in recent weeks have seen Beijing crack down on the country’s big...
July 14, 2021 @ 7:30 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My thirty-third YouTube video “Inflation is here–listen to Pepsi and Conagra” went up today. Please watch and subscribe to my YouTube channel. And like my video. You...
July 14, 2021 @ 7:22 pm | Breaking News |
The dispute over oil production quotas between Saudi Arabia and the United Arab Emirates that blew up the OPEC+ meeting two weeks ago looks to be over. Under the compromise, the UAE will see its baseline production level rise to 3.65 million barrels per day when the...