February 16, 2023 @ 10:27 pm | Breaking News, DIS, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NVDA |
The rally on February 15 sure looked like a speculative blowout of the kind that often signals a market top. For me, it was the last straw and I’m selling into the rally. This post tells you what I’m selling and how I arrived at these decisions. But first,...
October 27, 2022 @ 7:43 pm | Breaking News |
Okay, quarterly revenue and earnings reported yesterday after the market close stank up the joint. Revenue at Facebook’s parent, fell 4.5% in the quarter, a second consecutive drop in quarterly revenue to $27.7 billion. Wall Street forecasts called for $27.4...
May 17, 2022 @ 5:47 pm | ALB, Breaking News, DE, FQVLF, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MRVL, NVDA, SCCO, USB |
In my weekend Saturday Night Quarterback on my subscription JubakAM.com site I said that this week would, probably, answer the question of whether Friday’s big bounce was just a bounce, the start of a buy on the dip rally, or even a bear market rally with a bit...
February 9, 2022 @ 7:38 pm | Breaking News, Buy Hold Sell, DIS, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
So much for fears the Disney (DIS) would follow the disappointing course plotted by Netflix (NFLX) and report disappointing numbers for new subscriptions to its Disney Plus streaming service. For the December quarter, the company’s first quarter of fiscal 2022,...
December 1, 2021 @ 7:00 pm | AMAT, Breaking News, Buy Hold Sell, DIS, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MGM |
After a huge rally like we’re had this year, it’s easy to fall into one of the most common buy on the dip traps. Just because a stock is cheaper than it was, it’s not necessarily a bargain. There’s nothing that says a stock has to return to its...
November 30, 2021 @ 6:47 pm | Breaking News, Buy Hold Sell |
Federal Reserve Chair Jerome Powell retired the word “transitory” to describe stubbornly high inflation in testimony today in front of the Senate Banking Committee. And, Powell continued, the Fed might accelerate the pace at which it is winding down its purchase of...
November 29, 2021 @ 6:55 pm | Breaking News, Buy Hold Sell |
Today, Monday November 29, it’s a tale of two bounces from Friday’s big sell off. Technology stocks and especially big technology stocks are up big. At the close in New York Applied Materials was up 5.53%. Adobe (ADBE) was ahead 3.83%. Nvidia (NVDA) was...
August 17, 2021 @ 7:15 pm | Breaking News |
Retail sales dropped 1.1% in July, the Commerce Department reported today, August 17. Sales of furniture, sporting goods, building materials, cars and auto parts were all down strongly in the month. Sales at non-store retailers, which include e-commerce sales, dropped...
May 13, 2021 @ 7:47 pm | Breaking News, DIS, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
Disney (DIS) shares tumbled by 3.64% in after-hours trading after the company reported fiscal second quarter numbers that beat Wall Street estimates on earnings but missed projections on revenue and on subscribers to the company’s Disney+ streaming service....
April 22, 2021 @ 7:51 pm | Breaking News |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The twentieth YouTube video “6 picks for next week’s earnings flood” went up today. Please watch and subscribe to my YouTube channel. And like my video....
April 9, 2021 @ 7:09 pm | Breaking News |
Earnings reports for the first quarter of 2021 start rolling in on April 14 with JPMorgan Chase (JPM) and Wells Fargo (WFC) both reporting before the stock market open. The big question is how much of the huge year over year earnings growth is already in the price of...
March 31, 2021 @ 7:35 pm | Breaking News |
The one certainty in the stock market right now, I’d say, is volatility. Both to the upside and to the downside. So I think we should take what the market is giving us. Using these three moves in the short term. 1. Buy a few buy on the dip candidates from my...
March 24, 2021 @ 7:19 pm | Breaking News, DIS, Jubak Top 50 Portfolio |
A couple of weeks before Christmas, Disney (DIS) decided that the pandemic coast would be clear enough by May for it to send Black Widow, the next Marvel universe potential blockbuster–to movie theaters in May. Not so far, the company has now decided. With rates...
March 24, 2021 @ 7:01 pm | Breaking News, Volatility, You May Have Missed |
At 11:07 a.m. today the Standard & Poor’s 500 was up 0.80%. At the close it was down 0.55%. Same picture for the small cap Russell 2000 index. Up 1.65% at 10:54 a.m. New York time. Down 2.26% at the close. What looked like one of the rotation markets...
March 17, 2021 @ 6:50 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. The fifteenth YouTube video “3 Disney Picks” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
March 10, 2021 @ 6:48 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. The fourteenth YouTube video “3 Picks for Continued Volatility” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
March 8, 2021 @ 7:44 pm | Breaking News |
Two indexes will tell you what you need to know about today’s stock market action. The Dow Jones Industrial Average, driven by cyclicals, vaccine recovery stocks, and consumer stocks rose to an intraday record high. After a slight retreat at the end of the...
February 24, 2021 @ 7:07 pm | Breaking News, CAT, DIS, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, MGM |
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...
January 28, 2021 @ 6:54 pm | AG, Breaking News, DIS, FQVLF, GDX, GOLD, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MGM, SCCO |
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...
October 20, 2020 @ 7:54 pm | Breaking News |
Netflix (NFLX) shares fell 5.42% in after-hours trading (after closing 1% lower in the regular session) after the company reported additions to paid subscribers the missed estimates and lower guidance for the rest of 2020. Revenue for the company’s third quarter...
September 30, 2020 @ 6:54 pm | Breaking News |
I’m afraid that this is just a sign of bad things to come at lots of other companies for lots of workers. Disney (DIS), which had announced back in April that it would furlough more than 100,000 workers after the coronavirus pandemic forced the company to close...
July 20, 2020 @ 7:02 pm | AMZN, Breaking News, Jubak Top 50 Portfolio |
This morning shares of Amazon (AMZN) burst higher out of the box, gaining 5.98% as of noon New York time. The catalyst, it appears, was a new target price from Goldman Sachs of $3800 a share, up from the previous target of $3000. The shares had closed at $2961.97 on...
July 13, 2020 @ 7:32 pm | Breaking News |
On Sunday, Florida reported the highest single-day total of new coronavirus cases by any state since the start of the pandemic. The 15,299 new cases surpassed the previous high for any state on a single day of 12,274 recorded in New York on April 4. The record comes...
May 5, 2020 @ 7:19 pm | Breaking News, DIS, Jubak Top 50 Portfolio, Volatility |
How did Wall Street analysts get Disney (DIS) earnings today so wrong? Analysts had been projecting earnings of 86 cents a share. The company reported earnings of just 60 cents for the company’s second quarter. The bigger-than-Disney takeaway here is...
April 8, 2020 @ 7:22 pm | Breaking News, DIS, Jubak Top 50 Portfolio, Volatility |
You know that Disney (DIS) is really serious about the likelihood of continued social distancing measures disrupting movie going for months when it delays the release date of Black Widow, once intended as the tentpole of its summer schedule. Black Widow has been...
November 21, 2019 @ 7:07 pm | Breaking News, DIS, Jubak Top 50 Portfolio |
Netflix (NFLX) customers couldn’t log in to their accounts for about two hours on Thursday morning. Downdetector.com recorded more than 1,000 companies in the first hour. This follows on a much more serious service disruption suffered during the launch of...
November 13, 2019 @ 6:35 pm | Breaking News, DIS, Jubak Top 50 Portfolio |
The bad news is that 10 million customers tried to sign up for Disney+ on Tuesday, intermittently crashing the website for Disney’s (DIS) new streaming service. The good news is that 10 million customers flocked to the newly launched streaming service and by Day...
July 19, 2019 @ 7:56 pm | Breaking News, Volatility, You May Have Missed |
It’s not just the huge miss on subscriber growth that has sent shares of Netflix (NFLX) plunging in the two days since it reported second quarter earnings. The stock fell 10.27%, or $37.23 a share, on July 18 and it was down another 1.87% today as of 2 p.m. New...
May 14, 2019 @ 7:52 pm | Breaking News, Buy, DIS, Jubak Top 50 Portfolio, You May Have Missed |
Every so often the calendar and the movie release schedule give patient long-term investors a chance to buy Disney (DIS) on some mild weakness. That’s where we are now. The stock pulled back slightly after the company announced first quarter earnings on May 9 of...
August 13, 2018 @ 4:15 pm | Breaking News |
Sector Monday is my regular (or occasionally regular) post on the investible trends in a timely sector. I’m filling the first of the two weeks while I’m on break in Sicily (it’s nasty work but some has to do it) with a week of Sector Monday posts....