Nvidia to get pop from CES and Huang keynote today
Last year, Nvidia’s stock experienced a 16% increase over the 10 days following the beginning of the huge Consumer Electronics Show in Las Vegas. This year Nvidia (NVDA) CEO Jensen Huang is scheduled to deliver the opening keynote speech at 6:30 p.m. Las Vegas...
On my subscription site I made Verizon Pick #6 in my Special Report: “3 Strategies and 10 Picks for Juicy Returns in a Yield Drought”
Yesterday on my subscription site, JubakAM.Com, I made Verizon the sixth pick in my Special Report “3 Strategies and 1O Picks for a Yield Drought.” Here’s what I wrote. (Verizon is a member of my Dividend Portfolio.) Yield Drought Pick #6: Verizon (VZ). Let’s be...
Pick #8 Qualcomm in my “10 New Stock Ideas for an Old Rally” Special Report
Today I added Qualcomm as Pick #8 for my Special Report “10 new stock ideas for an old rally” on my JubakAM.com subscription site. The stock is already a member of my Volatility Portfolio on that subscription site. Here’s what I wrote Pick #8: Qualcomm QCOM). Qualcomm...
Nvidia to replace Intel in Dow Jones industrials Average–another catalyst for shares
AI chipmaker Nvidia (NVDA) will join the Dow Jones Industrial Average, replacing chipmaker Intel (INTC), S&P Dow Jones Indices, the owner of the 127-year-old index, said late Friday. Nvidia’s (NVDA) is currently the world’s second-most valuable public company....
Watch my YouTube video: Quick Pick Fortinet
Today’s Quick Pick is Fortinet (FTNT). Fortinet is a cybersecurity company with a concentration in firewalls. They have about 15% of the firewall market. Firewall sales have a four or five year cycle as technology develops and companies need to upgrade their...
It’s a BIG week for BIG TECH earnings reports
Expect Big Tech earnings reports and more earnings reports this week.. All capped on Friday with the October jobs report, the last one before the November 7 meeting of the Federal Reserve on interest rates. (Which means that the Fed will be in its blackout period...
A new pick–TSM–for my Special Report “10 Trump and 10 Harris winners” on my subscription site
Last night I added a third potential Harris election victory winner to my Special Report “10 trump and 10 Harris winners” on my subscription site, JubakAM.com. Here’s what I wrote about Taiwan Semiconductor Manufacturing (TSM) in that post. Harris winner #3: Taiwan...
Today I added VMC as the third pick to my Special Report “10 new stock ideas for an old rally” on my subscription site
Here’s what I wrote today when I added Vulcan Materials to my Special Report “10 new stock ideas for a old rally” on my subscription JubakAM.com site. Pick #3; Vulcan Materials (VMC). As stock prices have kept climbing, it’s become harder and harder to find good...
China fires the big bazooka again–a sign of a panic?
There was a whiff of panic to the big moves by the People’s Bank today. China’s central bank cut a key short-term interest rate and announced plans to reduce the reserve ratio, the amount of money banks must hold in reserve, to the lowest level since at least 2018....
Think about gold and gold miners as two different asset classes right now
I think you want to own gold–through something like the SPDR Gold Shares ETF (GLD)–right now to profit from decreasing interest rates at most of the world’s central banks, from global macro uncertainty, from the possibility of domestic violence in the...
So what happened to the big market crash?
I think of Nvidia (NVDA) as this market’s warning indicator; it’s the canary in a coal mine; the bird that will die first if dangerous gases start to build up. So, yes, it’s important that Nvidia shares plunged from $134.91 on July 10 to $98.91 on August 7. And again...
Apple’s Meh! iPhone 16 update begins to bite pre-orders and stock
Apple (AAPL) shares were down 2.78% today, Monday September 16, as pre-order sales to the iPhone 16 showed lower than expected demand for the new phones after a lackluster update that included fewer AI features than competitive smartphones. Pre-order sales, which...
Weak Chinese economy takes toll on copper demand, prices–wait to buy SCCO
China’s copper imports in August dropped by 12.3% from the previous year, preliminary official Chinese customs data showed on Tuesday, September 10. It’s yet another sign that the slowdown in Chinese economy is rippling out into the global economy. Copper...
Nvidia drops another 9.5% on the day
So much for my feeling on Monday that a 7% drop in Nvidia (NVDA) after the company’s August 28 earnings report was about as big a dip as investors would get and that it was time to buy Nvidia shares. The stock dropped another 9.5% on Tuesday. I’d sure like to have...
Too early to buy CrowdStrike on the dip–wait until just before the September 4 earnings report
Nothing like being at the center of the largest IT “event” in history to send a stock tumbelling. Last week CrowdStrike (CRWD), one of the biggest makers of cybersecurity software, pushed out a flawed update that caused an error in the Microsoft Windows operating...
Hold onto Nvidia for Blackwell chip launch–it’s a big deal even for the AI rocket
If you own Nvidia (NVDA) shares or are thinking of buying them post the stock’s 10 for 1 split, I know you’re trying to figure out 1) how much more upside is there to Nvidia’s shares, and 2) how much more valuable can a stock with a $3 trillion market cap get? You’re...
Nvidia beats even the most optimistic earnings forecasts
esterday, May 22, after the market close, Nvidia (NVDA) crushed Wall Street projections for revenue and earnings for the company’s fiscal first quarter of 2025. Nvidia reported that revenue soared 262% year-over-year to a record $26 billion, marking an 18%...
Apple’s smartphone market share slide continues
pple has lost its spot as the world’s biggest mobile phone seller, IDC reported today, April 15. A steep drop in sales in China for Apple let South Korean rival Samsung retake the lead in global market share. Samsung had been the biggest global seller of mobile phones...
Tesla shocks Wall Street with size of quarterly sales drop
Yesterday, April 2, Tesla (TSLA) reported that it delivered just 386,810 vehicles in the first three months of the year. That was the biggest difference between actual sales and Wall Street sales estimates in data going back seven years, according to Bloomberg. Most...
Apple shareholders looking at an even more volatile six months–buy, sell, or hold (and when)
Apple (AAPL) is likely to take its shareholders on an even wilder ride in the next six months than they’ve been on since the December all-time high at $199.62. The end result, I think is likely to be a renewed rally beginning in the fall–if you can either hold...
Inflation, AI, and auto news headline a short market week
Lots of important news on inflation and on the auto sectors and from Adobe on developments in AI this week. With some strange wrinkles in timing due to the short Good Friday week. Inflation first, because that’s where timing is so strange. At 8:30 a.m. New York time...
Buy/Sell/Hold Apple: Sell
Apple (AAPL) shares are down 12% for 2024 to date as of March 5. But I don’t think Apple’s troubles are over. And it will take some pretty fast talking at the June WWDC (World Wide Developers Conference) to reverse the downtrend in the shares. Absent a...
Here’s why lithium producer Albemarle was down 17.9% today
Today lithium producer Albemarle (ALB) announced that it would sell $1.75 billion in ADRs to fund capital spending during the collapse in lithium prices. The offer will be for a mandatory convertible preferred with a 7% to 7.5% coupon. The plunge is a reaction to the...
Buy, sell, hold: Buy Novo Nordisk NVO
Back on February 20, I posted a YouTube video recommending a buy of Novo Nordisk (NVO). In the video, “Buy GLP-1,” I said that the stock, along with Eli Lilly (LLY) was riding the momentum of increased sales of GLP-1 drugs, originally developed to treat...This week it’s a battle between AI and inflation
This week I expect a battle for the market’s attention between the continued AI monster momentum story and the macro story on inflation and interest rates. Will the extreme AI momentum that ended the week–with Nvidia (NVDA) up 4.0%, and Advanced Micro Devices...
Need more GLP? Buying Viking Therapeutics on trial results
Yesterday, February 28, development-stage biotech Viking Therapeutics (VKTX) announced results from a Phase 2 trial of its GLP-1 weight-loss drug candidate that that showed the potential for the VK2735 compound to be best in class in the $36.5 billion (revenue) market...
Nvidia lifts most but not all tech boats
Yesterday, Thursday, February 22, Nvidia (NVDA) gained 16.40% at the close after beating Wall Street expectations on earnings and revenue after the market close on Wednesday. And then raising guidance for the rest of 2024. I think it’s safe to say we’re in the midst...
Nvidia beats; stock picks up 7% in after hours trading
Well, optimistic analysts just weren’t optimistic enough about Nvidia’s (NVDA) fourth quarter 2023 earnings. The company reported adjusted earnings of $5.16 per share on revenue of $22.1 billion. Analysts were expecting earnings of $4.60 a share and revenue of...
Yes, I’d buy Palo Alto Networks today–with these caveats
After yesterday’s earnings report–the company beat Wall Street estimates for the quarter–and radically lowered guidance for the next quarter and the rest of 2024–total billings for next quarter will grow by just 2% to 4% and revenue for all of 2024...Jim’s Daily Email Alerts:
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