Doing a little selling to raise some cash for potential bargains: Selling Invesco Yen ETF, JD.Com, and Vanguard Treasury ETF
Let’s be clear. I don’t have any idea of when the current selling in technology and high-valuation growth momentum stocks will end. It does seem likely to me, even after the March 9 bounce, that the rotation into cyclicals, vaccine recovery stocks, and...
Buying Marvell Technology Group in my Jubak Picks Portfolio
While the NASDAQ Composite and Standard & Poor’s 500 were flirting with a correction on Thursday, March 4, Marvell Technology Group (MRVL) has moved into its own better than 10% drop in just the last week. The stock is down 13.89% in the last week as of the...
Keeping Palo Alto Networks with a big boost to my target price
After the close on Monday February 22 Palo Alto Networks (PANW) reported a loss of $1.42 million (or $1.48 a share) on revenue of $1.02 billion million for the company’s fiscal second quarter. Adjusted earnings–which exclude share-based compensation and...
Stocks bounce back as bond prices take a breather and yields fall slightly
As of 2 p.m. New York Time today, March 1, the Standard & Poor’s 500 was up 2.57% and the Dow Jones Industrial Average was higher by 2.30%. The NASDAQ Composite had climbed 2.80% and the NASDAQ 100 had gained 2.83%. The small cap Russell 2000 had added...
Watch my new YouTube Video: 5 Picks for the next 6 months
I’m starting up my videos again–this time using YouTube as a platform. The twelfth YouTube video “5 Picks for the Next Six Months” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
Jubak Picks recommendation Applied Materials blows out the quarter and raises guidance
Given how strong the earnings beat was for the last quarter and how big the increase in guidance was for the next quarter from Applied Materials (AMAT) after the market close last night (February 18) today’s stock gain of 5.19% was actually rather modest. For...
Intuitive Surgical Pick #10 for my new Millennial Portfolio (for investors who have more time than money); also adding it to Jubak Picks
In my first 10 (actually to be 11 since I’ve got another pick up my sleeve today) picks for my new Millennial Portfolio (for investors who have more time than money) on my subscription site JubakAm.com I’ve been on the hunt for shares of companies with...
MGM Pick #9 for my new Millennial Portfolio (for investors who have more time than money) on my JubakAM.com site; also adding to Jubak Picks on this site
I’m taking advantage of today’s drop in shares of MGM Resorts International (MGM) after yesterday’s earnings report to add these shares to my new Millennial Portfolio. The stock dropped on bad pandemic performance from the company’s Las Vegas...
FCX hold: Mixed signals still add up to plus
Back on January 26 copper miner Freeport McMoRan (FCX) dropped sharply–down 6.5%–when the company lowered guidance for production in 2021. For 2021 Freeport McMoRan expects sales of 3.8 billion pounds of copper and 1.3 million ounces of gold. In October...
Accepting what we don’t know (what no one knows) about prices in this market
I looked at my Jubak Picks Portfolio with more than a tinge of seller’s remorse this morning. I sold shares of First Majestic Silver (AG) out of that portfolio on Friday, January 29, after the stock rose 21.38% on Thursday. That gave me a gain of 45.52% since I...
Nektar should be climbing but this fast?
Nektar (NKTR) is another one of those stocks that looks to be moving up more strongly right now than the relatively sparse news would explain. Shares of this biotech are up 18.96% in the last week and 24.37% for the last 3 months. I can see a stream of positive news...
Selling First Majestic Silver on Friday on Reddit rally
Shares of First Majestic Silver (AG) climbed 21.38% Thursday, January 28, as silver futures climbed on a post on Reddit suggesting profiting from a short squeeze on silver. “Any short squeeze in silver paper shorts would be EPIC,” a post on Reddit’s...
Market sees fourth quarter GDP slowdown as good news
U.S. GDP growth slowed in the fourth quarter, gaining just 1% from the third quarter. For the full year the U.S. economy contracted by 3.5%. That makes 2020 the first time that the economy has contracted for a full year since 2009 and the Great Recession. At the...
Microsoft blows away analyst earnings projections after close today; Apple and Facebook report tomorrow
Microsoft (MSFT) reported its earnings for the company’s fiscal second quarter 2021 earnings today, Tuesday, January 26, after the close. Revenue of $43.1 million easily beat Wall Street projections of $40.2 billion. Earnings per share of $2.03 crushed...
Nidec tacks on 7.69% gain today on updated annual forecast and new buyback plan
Nidec (NJDCY) shares gained another 7.69% today, after the maker of electric motors for hard drives, robots, and electric vehicles, raised its annual outlook for the fiscal year that ends on March 31. The new outlook forecasts operating income of 155 billion yen ($1.5...
Adding Applied Materials to my Jubak Picks Portfolio on chip shortage
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...
50 Stocks Portfolio member TSM reports record quarterly revenue on 5G iPhone demand
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...
I’m adding shares of SMOG to my Jubak Picks Portfolio tomorrow
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...
2020 was a great year for dividend stocks: my Dividend Portfolio showed a return of 15.71% for 2020
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...
Adding copper miner Freeport to Jubak Picks Portfolio tomorrow
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...
Reminder: Today is the deadline for selling to take tax losses in 2020
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...
Corning picks up sales/ margin gains from supply crunch in high-tech glass
“While Corning (GLW) shares have rallied, we believe that a ‘stronger for longer’ consumer trend augurs well for underlying demand drivers in Corning’s business segments exposed to consumer electronics, with further tightening in the glass supply demand environment...
Publication of FDA review shows Pfizer vaccine almost certain to get emergency use authorization on Thursday
A 53-page review published as a Food & Drug Administration briefing document today confirms that the vaccine from Pfizer (PFE) and BioNTech (BNTX) meets the agency’s standards for emergency use authorization. The briefing document is the result of two weeks...
Adding Citigroup to my Dividend Portfolio as 7th pick in my JubakAM.com Dividend Stocks Special Report
Let’s follow the template from Omnicom, my previous dividend pick, okay? The dividend yield on Citigroup is 3.48% against the five-year average yield of 1.96%. The current price-to-earnings ratio is 10.03 versus the five-year average of 10.17. The current price...
Buying Omnicom, the first of my post-vaccine dividend picks in my JubakAM.com Special Report, for my Jubak Picks Portfolio today
I started my research on this dividend indicator by comparing the current yield with the historical yield on the stock. For example, as I’ve noted in my Special Report Omnicom Group (OMC) currently pays a forward yield of 4.00% on its closing price of $64.99 on...
Eversource is my fifth utility pick in my Special Report on dividend stocks (on my JubakAM.com subscription site)–I added it to my Jubak Picks portfolio on Monday
Eversource Energy (ES) pays a 2.65% dividend but I’m adding it on Monday, December 7, not to my Dividend Portfolio but to my Jubak Picks list. Why’s that? Because of the high potential for capital gains–above the dividend payout–from this stock...
Pfizer’s warning on logistics difficulty in delivering vaccine stalls stocks at end of trading
Pfizer (PFE) stock tumbled Thursday after the company reportedly slashed its expectations for coronavirus vaccine deliveries in 2020 due to supply-chain issues. “Scaling up the raw material supply chain took longer than expected,” a company spokeswoman...
China’s economy grows faster than expected in November
China’s official Purchasing Managers Index for Manufacturing rose to 52.1 in November. The was up from 51.4 in October. And beat the 51.5 median estimate from economists surveyed by Bloomberg. The index for the non-manufacturing sector climbed to 56.4 in...
Nevada puts new coronavirus restrictions on Las Vegas casinos–but so far MGM Resorts stock gains
Saying on Sunday that the coronavirus surge in Nevada is running at wildfire levels, Governor Steve Sislak announced new restrictions to start on Tuesday and that will run for three weeks. The new rules will require casinos, amusement and theme parks, arcades, bars,...Jim’s Daily Email Alerts:
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