January 21, 2020 @ 7:41 pm | Breaking News, Jubak Top 50 Portfolio, PANW, SCHW, VEEV, WST |
In my most recent Special Report: When to sell: What to sell on my JubakAM.Com subscription site I recommended that any current rebalancing build up some cash. To implement that cash-building strategy, when you sell to rebalance a portfolio for 2020, buy fewer stocks...
January 16, 2020 @ 7:28 pm | Breaking News, Volatility |
Well, that certainly didn’t take long. With the ink barely dry on the Part 1 trade agreement between the United States and China, the European Union said that the deal could violate the rules of the World Trade Organization. EU Trade Commissioner Phil Hogan said...
January 16, 2020 @ 7:23 pm | Breaking News, Jubak Picks Portfolio, WCC |
Last night, I made Wesco International (WCC) my #11 Pick for my Special Report: 12 Bargain Stock Picks NOW on my Jubak.com subscription site. Today I’m adding Wesco International to my Jubak Picks Portfolio. As the market continues to climb to new records,...
January 16, 2020 @ 7:12 pm | Breaking News, Jubak Picks Portfolio, V |
Yesterday, the day of the announcement of the Part 1 trade deal between the United States and China, shares of Via (V) climbed 1.91%. MasterCard (MA) gained 1.16%. American Express rose 0.79%. On a day when the Standard & Poor’s 500 fell 0.15% and the Dow...
January 15, 2020 @ 7:32 pm | Breaking News |
The United States and China signed a Part 1 trade deal today that contained little in the way of positive surprises and an expected lack of detail. As analysts and economists struggled to fill in the blanks, much of the deeper dive wound up stressing the negatives in...
January 15, 2020 @ 7:24 pm | Breaking News, NKTR |
Yesterday an advisory joint committee at the U.S. Food & Drug Administration voted to reject Nektar’s application for its new non-addictive opioid NKTR-181. The thinking–my thinking–was that the committee had structured the vote so that the most...
January 14, 2020 @ 6:46 pm | Breaking News |
Wednesday is still likely to bring the signing of a Part 1 agreement in the U.S.-China trade war. But the public document is likely to have even fewer details than expected recently and to leave existing tariffs in place until after the Presidential election in...
January 13, 2020 @ 7:49 pm | Breaking News, Jubak Picks Portfolio, NKTR |
I understand why the U.S. Food & Drug Administration has moved so slowly on a decision on Nektar Therapeutic’s (NKTR) new non-addictive opioid NKTR-181. The last thing the FDA wants to do in the midst of epidemic of opioid addiction is to approve a drug...
January 13, 2020 @ 7:46 pm | Breaking News |
Today has continued a pattern that emerged last week. With the odds improving that the United States and China will sign a Part 1 trade agreement on Wednesday (or so), the risk on, momentum stocks that led the market in 2019 have reasserted their leadership....
January 10, 2020 @ 7:41 pm | BAC, Breaking News, C |
What with everything going 0n, I wouldn’t be surprised if the start of earnings season next week has slipped your mind. Reports of fourth quarter earnings are actually fairly important this year because stocks trade near all time highs and estimates say that...
January 10, 2020 @ 7:36 pm | Breaking News |
The U.S. economy added 145,000 jobs in December That did set a record of 10 years of job growth for the economy. But the 145,000 job growth in December was below the 256,000 added in November and below the 160,000 expected by economists surveyed by Bloomberg. (I would...
January 9, 2020 @ 7:35 pm | Breaking News, Volatility, You May Have Missed |
Today in its semi-annual report Global Economic Prospect, the World Bank warned, again, of the risk of a new global debt crisis as a result of the biggest buildup in borrowing  in the past 50 years. Of the four waves of debt accumulation since the 1970s, the current...
January 9, 2020 @ 7:30 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Volatility |
Apple’s iPhone shipments in China grew 18.7% year over year in December to roughly 3.18 million units, according to Bloomberg. (Bloomberg’s calculations are based on data from the China Academy of Information and Communication Technology, a government...
January 8, 2020 @ 7:58 pm | Breaking News, JCI, Jubak Top 50 Portfolio |
Today, January 8, I made Johnson Controls stock pick #9 in my Special Report: 12 Bargain Stock Picks NOW on my JubakAM.com subscription site. If you haven’t looked at Johnson Controls in a while, but you used to follow the stock, today even a glance will show...
January 8, 2020 @ 7:48 pm | Breaking News, PANW |
After last night’s Iranian attack on the U.S. troops stationed at two Iraqi airbases and a relatively restrained morning message from U.S. President Donald Trump, financial markets have decided to take profits in oil and cybersecurity stocks today. And wait for...
January 7, 2020 @ 7:51 pm | Breaking News |
Shares of Beyond Meat (BYND), the maker of a plant-based burger, jumped 12.47% today, on news that investors and traders took to mean that competitor Impossible Foods is out of the running to supply plant-based burgers to McDonald’s (MCD). Impossible Foods CEO...
January 7, 2020 @ 7:47 pm | Breaking News, EQNR, Jubak Picks Portfolio |
Norwegian oil company Equinor (EQNR) has decided to take a 10% stake in start-up Kobold Metals. Kobold’s aim is to apply artificial intelligence to big subsurface data to create what it calls a “Google Maps” of the Earth’s crust that will...
January 7, 2020 @ 7:42 pm | Breaking News |
The U.S. manufacturing sector may be in deep and continued contraction, but according to the Institute for Supply Management’s Purchasing Managers Non-manufacturing Index, the U.S. service sector–the bulk of the U.S. economy–hit a four-month high in...
January 6, 2020 @ 6:36 pm | Breaking News, Jubak Top 50 Portfolio |
Before I move onto looking at future buy and sells for this long-term portfolio, let me take a look at where the 50 Stocks Portfolio has been over the last two years. It makes some sense to treat your portfolio returns for 2018 and 2019 as one giant two year period...
January 6, 2020 @ 6:25 pm | Breaking News, PANW |
As of 2 p.m. New York time today, January 6, U.S. crude benchmark West Texas Intermediate was up 0.17% to $63.16 a barrel. Â International benchmark Brent crude was ahead 0.34% to $68.83 a barrel. Both increases came on worries that Iran’s retaliation for the...
January 6, 2020 @ 6:18 pm | Breaking News |
It’s not exactly a confirmation of President Donald Trump’s announcement that the Part 1 trade deal would be signed between the United States and China at the White House on January 15. But China has scheduled a high-level trade delegation for  travel to...
January 2, 2020 @ 7:20 pm | Breaking News, Jubak Top 50 Portfolio |
In an ideal world, every stock market trend–up, down, sideways–would begin on January 1 and end on December 31. That would make an annual rebalancing of any portfolio as easy as falling off a madly spinning log in a Canadian logging festival. Most market...
January 2, 2020 @ 7:13 pm | Breaking News |
We’ve seen this before. And investors and traders seem determined to keep a good thing going–until it doesn’t work anymore. Today, January 2, the first trading day in the new year for U.S. markets, stocks were off to the rally races again. The...
January 1, 2020 @ 7:25 pm | Breaking News |
3,2,1. The ball drops and we’ve all moved from 2019 to 2020. May the new year bring all the best to you and yours. Thanks for reading in 2019 and I’ll see you in 2020. Jim Jubak
January 1, 2020 @ 7:20 pm | Breaking News |
Yesterday, December 31, all 11 of the sectors that make up the Standard & Poor’s 500 closed higher for the year. That’s the first time that’s happened since 2010. For the year the S&P 500 itself gained 29%. The Dow Jones Industrial Average...
December 30, 2019 @ 6:29 pm | Breaking News |
Trading volumes will be low and investors attentions will be focused elsewhere than the financial markets, but this is a week with a surprising amount of market news. Tomorrow, Tuesday December 31, China announces the official Purchasing Managers Index for...
December 26, 2019 @ 6:36 pm | Breaking News |
It looks like looser monetary policy is on the way in China for 2020. Chinese Premier Li Keqiang said Monday the government will study further cutting bank reserve requirements in 2020. It’s a good bet that the Premier would have raised the possible policy...
December 26, 2019 @ 6:32 pm | AMZN, Breaking News |
Amazon (AMZN) reported today, December 26, that the holiday shopping season broke records for the company this year. Among other high-lights five million new customers started Prime free trials or paid memberships globally, and the number of items delivered with...
December 23, 2019 @ 7:13 pm | Breaking News, Volatility, You May Have Missed |
We’ve got two short weeks coming up–since the New York markets are closed this week for Christmas and next week for New Year’s–when trading volumes shrink and it doesn’t take much in the way of news to move stocks up or down. I think we...
December 23, 2019 @ 7:09 pm | Breaking News, Jubak Picks Portfolio, LGF/A |
Comcast NBCUniversal and Lions Gate Entertainment (LGF-A) have settled their differences. Comcast (CMCSA) will continue to carry Lions Gate’s STARZ and STARZ Encore channels on its Xfinity TV platform nationwide and NBCUniversal’s Peacock streaming service will...