January 14, 2021 @ 6:53 pm | AMAT, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
As I noted in my January 13 video “4 picks for the chip shortage,” investors are looking at shortage of silicon chips that has hit the auto industry especially hard and that argues for a multi-year increase in capital spending to expand chip production at...
January 13, 2021 @ 6:54 pm | Breaking News |
Today, January 13, China recorded the highest one-day case total in more than five months, according to the country’s National Health Commission. Most of the new patients recorded in Tuesday’s figures were near the capital, Beijing, but a province in north-east...
January 13, 2021 @ 6:50 pm | Breaking News, Buy Hold Sell |
I’m starting up my videos again–this time using YouTube as a platform. The sixth YouTube video “4 stock picks for the chip shortage” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
January 12, 2021 @ 7:37 pm | Breaking News |
For a day, at least, the seemingly inexorable climb in Treasury yields stopped. The yield on the 10-year Treasury, which is up 23 basis points in the last month, dropped back to 1.13%, a retreat of 2 basis points. (It takes 100 basis points to make up one percentage...
January 12, 2021 @ 7:34 pm | Breaking News |
Johnson & Johnson (JNJ) said today, January 12, that the the company is in the “final stages” of analyzing the data from its 45,000-patient Phase 3 trial of the single-dose version of its vaccine. “We hope to have that information very soon,” CEO Alex Gorsky said...
January 11, 2021 @ 7:47 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. The fifth YouTube video on why this very stretched market will hang in for another six months went up today. Please watch and subscribe to my YouTube channel. And like my video. (Note...
January 11, 2021 @ 7:41 pm | Breaking News |
At the close today, January 11, the Standard & Poor’s 500 was off 0.66%. The Dow Jones industrial Average was lower by 0.29%. The NASDAQ Composite had fallen 1.255 and the NASDAQ 100 had dropped 1.55%. The small cap Russell 2000 was down just 0.03%. The...
January 8, 2021 @ 6:46 pm | Breaking News, Jubak Top 50 Portfolio, TSM |
Today, January 8, Taiwan Semiconductor Manufacturing (TSM), the world’s largest contract chipmaker, reported December sales that translate into record quarterly revenue with estimated sales in the quarter climbing to $12.9 billion (361.5 NT$). (The company...
January 8, 2021 @ 6:42 pm | Breaking News |
The U.S. economy shed 140,000 jobs in December. That’s the first monthly job loss in eight months. Economists had expected the economy to pick up a very modest 50,000 jobs in the month. The official unemployment rate held at 6.7%. The U-6 unemployment rate,...
January 7, 2021 @ 7:05 pm | Breaking News |
The stock market is in the midst of euphoria at the prospect that unified Democratic control of the White House and Congress will mean more fiscal stimulus–those $2,000 checks for a start–increased aid to cities, and increased spending (maybe) on...
January 7, 2021 @ 7:02 pm | Breaking News |
Initial claims for unemployment in regular state programs fell to 787,000 for the week ended on January 2. Economists were looking for 800,000 initial claims. New claims for the prior week were revised lower to 790,000. To keep the “improvement” in...
January 6, 2021 @ 7:47 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. The fourth YouTube video on 5 Stocks for a Biden market went up today. You can see it below: Please watch and follow (and like) my...
January 6, 2021 @ 7:44 pm | Breaking News |
Of course, a sector can rally on new cash coming off the sidelines. Often, however, when one sector rallies another falls as investors use profits from that sector to fund new buys. That seems to be what happened today when “green” stocks rallied and...
January 6, 2021 @ 7:10 pm | Breaking News, SMOG |
The stock market rally that started so strong this morning as Democrats, surprisingly, rode to victory in both Georgia Senate races, took a big step backwards as the day wore on with scenes of rioters roaming the hall of Congress in an effort to overturn the November...
January 5, 2021 @ 5:58 pm | Breaking News |
Today, January 5, Saudi Arabia shocked OPEC+ with a voluntary 1-million-barrel-per-day output cut. The announcement came after OPEC and Russia agreed to allow a 75,000 barrels a day increase in total production from Russia and Kazakhstan in February and March. On the...
January 5, 2021 @ 5:54 pm | Breaking News, Buy Hold Sell, Dividend Income Portfolio, VGSH |
It’s unusual, to say the least, to have a dividend portfolio match the returns on the Standard & Poor’s 500–especially in a year when the S&P 500 was setting an all time high–but that’s what happened in 2020. My Dividend Portfolio...
January 5, 2021 @ 5:49 pm | Breaking News, Buy, FCX, Jubak Picks Portfolio |
Commodities have soared on prospects for a post-coronavirus vaccine economic recovery. And copper is one of the best commodities to own in order to in the recovery of the global economy–and especially the growth in the Chinese economy–as the coronavirus...
January 1, 2021 @ 4:21 pm | Breaking News |
Hoping that 2021 is in all ways better than 2020. And hoping that you and your family stay healthy and secure in the New Year. Thanks for reading for another year. P.S. And unlike last year I’ve already started work on portfolio performance reports for 2020 (It...
December 31, 2020 @ 6:25 pm | Breaking News |
Initial claims for unemployment dropped to 814,000 last week from 873,000 the prior week, the Labor Department reported today, Thursday, December 31. The short week due to Christmas makes it hard to judge the trend in new applications. Another 308,000 people filed for...
December 31, 2020 @ 6:21 pm | Breaking News |
The Standard & Poor’s 500 closed up 0.64% today to a new closing high and ended the year ahead more than 16%. The Dow Jones Industrial Average also closed in record territory after a gain of 0.65% on the day. The Dow is up about 7% for 2020. The NASDAQ...
December 30, 2020 @ 7:31 pm | Breaking News, You May Have Missed |
A coronavirus vaccine developed by Chinese drugmaker Sinopharm is 79% effective in protecting people from the coronavirus, according to interim data released Wednesday by the company Sinopharm.. The results for the two-shot vaccine were based on interim analysis from...
December 30, 2020 @ 7:18 pm | Breaking News |
Today, Wednesday December 30, is pretty much the reverse image of yesterday’s stock market action. Traders are having fun–and making money, I’d hope–in the day to day action but I don’t see a trend in this market that might extend into...
December 29, 2020 @ 7:02 pm | Breaking News |
Oil managed to close to the upside today, December 29, even though OPEC+ is set to add another 500,000 barrels a day to output starting in January. U.S. benchmark West Texas Intermediate gained 0.76% to $47.98 a barrel. International benchmark Brent crude climbed...
December 29, 2020 @ 6:59 pm | Breaking News |
Yesterday stocks moved higher on news that President Donald Trump had actually signed the combined coronavirus stimulus/relief and government spending bill. I guess after contemplating the possibility of no bill and another government shutdown, even $600 checks seemed...
December 29, 2020 @ 12:58 pm | Breaking News, Jubak Picks Portfolio, LGF/A |
Sell today if you’re looking to sell to generate tax losses for 2020. After today, December 29, you can still sell but the losses will count for the 2021 tax year. Remember you can rebuy any stocks or other financial assets you sell to generate a 2020 tax loss...
December 28, 2020 @ 7:40 pm | Breaking News |
With President Donald Trump signing the coronavirus stimulus/relief and fiscal 2021 government spending bill, financial markets can go back to their favorite holiday week activity–using the opportunity afforded by shrunken volumes to push up stocks. As of the...
December 24, 2020 @ 7:11 pm | Breaking News |
Stay safe. Think of all the ones we love. Remember that even the darkest days of the year give way to light. Look forward to better times. I’ll be back in the old posting saddle on Friday.
December 24, 2020 @ 7:02 pm | Breaking News |
Congress dispersed for Christmas. President Donald Trump headed to Florida.. And there’s still no telling whether President Trump will, as he’s suggested via Twitter, whether he will veto the huge coronavirus relief/government spending bill. Today...
December 24, 2020 @ 3:40 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. The third YouTube video on What Apple and Microsoft’s moves on Intel mean for technology stocks went up today. Please watch and subscribe to my YouTube channel. And like my video. (Note that for...
December 23, 2020 @ 6:53 pm | Breaking News |
On Tuesday President Donald Trump tweeted a video heavily criticizing the recently passed coronavirus stimulus/relief bill–and a huge funding bill to keep the government running–and implying that he could veto the bill. Today, Wednesday, December 23,...