May 10, 2023 @ 10:54 pm | Breaking News |
Today I posted my two-hundred-and-seventy-first YouTube Video: Lots of Volatility But It’s Not Tradeable. Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5...
May 9, 2023 @ 10:50 pm | Breaking News |
There’s always the question of exactly how smart the smart money is, but I find these moves from big Wall Street names interesting as I look for any signs of cracks in the current consensus looking for a quick pivot to interest rate cuts from the Federal...
May 9, 2023 @ 10:46 pm | Breaking News |
Tomorrow, May 10, brings the key CPI inflation report for April. Economists surveyed by Bloomberg are projecting that headline inflation will rise at a 5% year-over-year rate. That would match the 5% headline rate for the Consumer Price Index in March. The headline...
May 8, 2023 @ 10:38 pm | Breaking News |
The next potential BIG volatility day comes on Tuesday, May 9, when President Joe Biden is scheduled to meet with Speaker of the House Kevin McCarthy will hold talks on raising the debt ceiling to avert a U.S. default. I don’t expect a breakthrough of any...
May 8, 2023 @ 10:34 pm | Breaking News |
Today I posted my two-hundred-and-seventieth YouTube Video: Trend of the Week Where Is All That Oil Cash Going to Go? Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next...
May 8, 2023 @ 10:26 pm | Breaking News |
Every once in a while, Yahoo changes “something” on its feed of stock prices. No notification. No clue what to do if the change breaks something on a user’s site. Well, that’s where I found myself and this site again on Friday. We know there...
May 2, 2023 @ 10:38 pm | Breaking News |
This isn’t exactly what the stock market wanted to hear ahead of the Wednesday, May 3, meeting of the Federal Reserve’s Open Market Committee on interest rates. Before the open of the New York Stock Exchange, the Labor Department’s March Job Openings...
May 2, 2023 @ 10:31 pm | Breaking News, MMM |
Today I posted my two-hundred-and-sixty-seventh YouTube video: Trend of the Week The Pain is Spreading Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5 Years: Free...
April 28, 2023 @ 10:42 pm | Breaking News |
The headline Personal Consumption Expenditures index, the Federal Reserve’s preferred inflation measure, climbed at 4.2% in the year through March. That was a big drop from the 5.1% year-over-year rate in February. (Although, I’d note, economists were...
April 26, 2023 @ 12:54 pm | Breaking News |
Today I posted my two-hundred-and-sixty-fifth YouTube video: Central Banks to Take Away $1 Trillion in Cash Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5 Years:...
April 26, 2023 @ 12:24 pm | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MSFT |
Back on March 24, I added shares of Microsoft (MSFT) to my Volatility Portfolio on my subscription JubakAM.com site on the thinking that in a quarter when earnings were projected to be down for the Standard & Poor’s 500 as a whole, reliable technology...
April 24, 2023 @ 11:10 pm | Breaking News |
Important observation out of Morningstar on Friday. While the Morningstar U.S. Market Index is up 15.4% from its bear-market low on October 14, the market is only 1.4% higher than it was at the end of November. AND in recent months, the stock market has been moving in...
April 24, 2023 @ 11:04 pm | Breaking News, ISRG, Jubak Top 50 Portfolio |
Last week Intuitive Surgical (ISRG) surprised everybody, including, apparently, management. Intuitive Surgical’s first-quarter revenue grew 14% year-over-year to $1.7 billion. (Wall Street was expecting $1.6 billion.) Surgical procedures performed using the...
April 24, 2023 @ 10:58 pm | Breaking News |
Today I posted my two-hundred-and-sixty-fourth YouTube video: Trend of the Week Consumers Are Falling Behind on Their Debt Payments Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing...
April 20, 2023 @ 10:53 pm | Breaking News, Jubak Picks Portfolio, NEM |
Today I posted my two-hundred-and-sixty-third YouTube video: Quick Pick Newmont Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5 Years: Free download for...
April 20, 2023 @ 10:46 pm | Breaking News, Buy Hold Sell |
Tesla’s (TSLA) first-quarter earnings, reported yesterday April 19, after the market close, met expectations. But first-quarter automotive gross profit margins came in worse than expected. Tesla reported a profit of 85 cents a share, meeting expectations, on...
April 18, 2023 @ 10:55 pm | Breaking News |
The exact date that the federal government could run out of accounting gimmicks and actually default on the national debt is open to debate. Could be June or July or as late as December or even sometime in 2024. The estimates are all over the block. Which is one...
April 18, 2023 @ 10:50 pm | Breaking News |
Today I posted my two-hundred-and-sixty-first YouTube video: Trend of the Week Banks–It Can Still Get Worse Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5...
April 16, 2023 @ 10:30 pm | Breaking News |
I expect the earnings season story to continue to be dominated by banks. But whereas last week, Friday specifically, was all about big banks, this coming week will be dominated by earnings reports from regional and smaller banks. The very kind of banks that are the...
April 12, 2023 @ 11:25 pm | Breaking News |
Today I posted my two-hundred-and-fifty-ninth YouTube video: Trend of the Week Houston, We Have a Trend Problem Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5...
April 12, 2023 @ 11:18 pm | Breaking News |
All items inflation as measured by the Consumer Price Index rose by just 0.1% in March, the Bureau of Labor Statistics reported today. That is a big drop from the 0.4% increase in February. The year-over-year all-items inflation rate fell to 5.0% in March from 6% in...
April 11, 2023 @ 7:44 pm | Breaking News, INTC, Jubak Picks Portfolio |
I will sell Intel (INTC) out of my Jubak Picks Portfolio tomorrow, April 12. The position was up 14.55% as of the close on April 11 since I added it on February 8, 2023. Intel is set to report on April 27 and it will be an ugly quarter with Wall Street looking for a...
April 10, 2023 @ 11:16 pm | Breaking News |
Today I posted my two-hundred-and-fifty-eighth YouTube video: Trend of the Week Houston, We Have a Trend Problem Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5...
April 10, 2023 @ 7:38 pm | Breaking News |
I expect a disconcerting CPI inflation report for March on Wednesday, April 12. The headline, all-items inflation rate is expected to drop to an annual rate of 5.2% from 6%, according to economists surveyed by Bloomberg. That would be good news for the Federal...
April 10, 2023 @ 12:54 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, PXD |
The Wall Street Journal reported Friday, April 7, that Exxon Mobil (XOM) has held talks with Pioneer Natural Resources (PXD) about a possible acquisition. The Journal reported that Exxon also has discussed a potential acquisition with at least one other company as the...
April 4, 2023 @ 11:01 pm | Breaking News |
Monday oil prices and oil stocks soared on the bullish case that the surprise OPEC+ production cut will push gasoline to $4 a gallon and oil to $100 a barrel. Not everyone buys the bullish case–at least not after a few days of what these analysts call a...
April 4, 2023 @ 10:54 pm | Breaking News |
On Sunday, April 2 OPEC+ announced a surprise oil production cut of more than 1 million barrels a day. The organization had not so long ago promised that it would hold supply steady. Saudi Arabia led the move by pledging its own 500,000 barrel-a-day supply reduction....
April 4, 2023 @ 10:44 pm | AG, Breaking News, GDX, GLD, GOLD, Jubak Picks Portfolio, NEM |
Gold for June delivery closed at 2039.00 an ounce on the Comex today. That’s not too far away from the all-time record high of $2,070 an ounce. The move above $2,000 an ounce and any breach of the record at $2070 could trigger a rally as traders short gold buy...
March 28, 2023 @ 7:41 pm | Breaking News |
Now it’s not just the Cleveland Fed’s NowCast that’s pointing at problems in Friday’s PCE (Personal Consumption Expenditures) index inflation report. Economists surveyed by Bloomberg project that the core PCE index–that is excluding food...
March 27, 2023 @ 11:09 pm | Breaking News, COP, Jubak Picks Portfolio, PXD |
Oil rallied today, Monday, March 27, for the first time in, well, quite a while. Oil is likely to finish with a loss in March, for a fifth monthly drop. So today’s move, which saw West Texas Intermediate jump by almost 55, marked quite a shift in direction. You...