Another week of tech stock weakness ahead
I expect technology sector weakness to continue this week with earnings worries still unanswered. What could put an end to selling in tech stocks? The NASDAQ 100 is down almost 4% in the last week. Certainly earnings news that showed earnings growth at the companies...It’s a make or break earnings week for tech
I’m sure you’ve noticed. The technology sector, which led the stock market rally in 2023 and in the early days of 2024, is in a slump. The Technology Select Sector SPDR ETF (XLK) tumbled 6.27% last week and is down 7.16% in the last month. For 2024 to date, as of the...
Nvidia’s next earnings report shaping up as very, ahem, “interesting”
Nvidia (NVDA) doesn’t report earnings until May 22. But the report is already shaping up as critical for the stock. Analysts see the company reporting earnings of $5.13 a share for the quarter, up from just 88 cents a share in the same quarter of 2023. But the...
Tech earnings take spotlight this week–but we also get consumer and oil company reports
Hope you like earnings news. This week brings a ton of third-quarter earnings reports with news from Microsoft, Amazon, Meta Platforms, and Alphabet quite capable of moving the entire market. We’ll also get more consumer company (Coca-Cola and Kimberly-Clark for...
I’ll be selling Nvidia out of my Volatility Portfolio (on my JAM subscription site) tomorrow
I’m going to take advantage of today’s pop in Nvidia (NVDA) to sell the shares out of my very short-term Volatility Portfolio tomorrow on my subscription JAM.com site, Tuesday, October 2. The shares closed up at the close today at $447.82, a gain of 2.95%...
My 10 stocks for a core portfolio–you’ll have to sign up as a member (it’s free) to read the post with all the “why’s” in the Jim’s Extra section of this site
I think a well-constructed portfolio should resemble an onion. (Yes, to continue the analogy, it may make you cry in the short term, but the end result after cooking time is yummy.) At the center of that onion is a core built of stocks with extremely high,...
Your 10 Best Stocks for a Core Portfolio–and the “Why” for each pick
I think a well-constructed portfolio should resemble an onion. (Yes, to continue the analogy, it may make you cry in the short term, but the end result after cooking time is yummy.) At the center of that onion is a core built of stocks with extremely high,...My 10 Stocks for the AI Gold Rush–Why these picks?
Artificial intelligence really is a paradigm-breaking, transformative technology. Right now, investors are so enthusiastic about the sector, especially the obvious leader Nvidia (NVDA), that we’re looking at a potential bubble that will collapse with much...
Microsoft launches AI-enhanced version of its search engine Bing; Google responds with Bard
This isn’t exactly unexpected. Microsoft (MSFT) today unveiled new versions of its Bing search engine and Edge browser powered by the newest artificial intelligence technology from ChatGPT maker OpenAI. Microsoft recently invested $10 billion in OpenAI. “This...
Google kicks off Big Tech earnings with a stinker
Alphabet (GOOG) reported a drop of 24% in third-quarter earnings after the market closed on Tuesday, October 25. Gross revenue rose just 6% to $69.09 billion. In the third quarter of 2021, revenue grew by just 6% to $69.09 billion from the third quarter of 2021. In...
Please watch my new YouTube video: Investing to beat the coming recession
My one-hundred-and-sixtieth YouTube video “Investing to beat the coming recession” went up today. I’m back, after a week’s hiatus. This week I’m sharing some thoughts about the market trials and tribulations of Snap (SNAP) and Alphabet...
A very busy week ahead–Ukraine and commodities, tech stock earnings, and, of course, the Fed on interest rates
What a week ahead. I’d expect speculation about what the Federal Reserve will say on Wednesday to dominate a very lengthy slate of market news. No real suspense about whether or not the Fed will raise rates at its July 27 meeting. The central bank has made it...
Microsoft beats earnings estimates on cloud computing
On Tuesday, April 26, Microsoft (MSFT) reported net income of $16.73 billion or $2.22 share for the company’s fiscal third quarter. That was up from net income of $15.46 billion or $2.03 a share in the third quarter of fiscal 2021. Wall Street analysts had...
This week is last stand for growth stock earnings hopes
Going into this earnings season, the hope was that strong, surprisingly strong perhaps, earnings from the big growth stocks would put a stop to the selling. Earnings would be strong enough to convince investors that the market wasn’t over-valued since at these...
Please watch my new YouTube video: 3 Picks on Tech Stock Guidance
I’m starting up my videos again–this time using YouTube as a platform. My ninetieth YouTube video “3 Picks on Tech Stock Guidance” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
Apple, Amazon, Alphabet,Adobe, Applied Materials and other big techs rally hard–rest of stocks not so much
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...
Watch my YouTube video: The rally narrows–or does it?
I’m starting up my videos again–this time using YouTube as a platform. My seventieth YouTube video “The rally narrows–or does it?” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s the...
Market looks to be setting up for next week’s tech earnings parade
The Standard & Poor’s 500 closed up 0.20% today, July 22. The Dow Jones Industrial Average squeezed out a 0.07% gain. But if you were looking for bigger upside moves, turn your eyes to the technology sector. The NASDAQ Composite was up 0.36% and the NASDAQ...
Stocks extend growth fears, selling today–how far does this go?
Today, Monday, July 19, stocks accelerated their retreat from the end of last week on fears that a fourth wave of the pandemic, fueled by the Delta variant, will crush hopes that the economy is headed back to normal. As of the close New York the Standard &...
Friday’s move in tech signals that’s where you want to be for a second quarter earnings blowout
Friday’s market action argues that investors and traders are looking to buy shares of Apple, Amazon, Microsoft–you know the usual suspects–ahead of what looks like a blowout earnings season that will start on July 13 when JPMorgan Chase (JPM) reports...
Watch my new YouTube video: “3 Ad Picks But Not Google or Facebook”
I’m starting up my videos again–this time using YouTube as a platform. The twenty-first YouTube video “3 Ad Picks But Not Google or Facebook” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
It’s not that Wall Street loved the potential Biden tax hikes today after hating them yesterday–it’s just that the market remembered there’s profit to be made today while the tax increases are a long way off–if ever
Yesterday, a quite promising early stock market rally got derailed on news stories–based on anonymous sources–that the Biden administration would propose tax increases on wealthy Americans and corporations. The speculation points to an increase in the top...
Watch my new YouTube video “6 picks for next week’s earnings flood”
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....
Watch my new YouTube Video “Best Pick for the Big Tech War”
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The eighteenth YouTube video “Best Pick for the Big Tech War” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see...
Apparently everybody decided today that tomorrow’s March jobs report will show accelerating economic growth
With the financial markets closed tomorrow for Good Friday, traders and investors jumped in to buy today ahead of what is expected to be a jobs report tomorrow morning showing unemployment dropping to 6.0% (by the official measure) from 6.2% in February. The Standard...
Again but not as bad–spike in Treasury yields clips technology stocks today
The yield on the 10-year Treasury note climbed to 1.62% today, March 12. That’s a jump of 9 basis points on the day. (It takes 100 basis points to make up one percentage point.) Following the recent pattern, the climb in yields meant a drop in the prices of...
GameStop turmoil doesn’t hinder broad market rally
Sure GameStop (GME) shares fell 60% today, February 2, at the close but that didn’t stop a rally in the broad market. For the day, the Standard & Poor’s 500 gained 1.39% and the Dow Jones Industrial Average rose 1.57%. The NASDAQ Composite added 1.56%...
GameStop “effect” spreads–how much did it contribute to today’s stock market tumble?
Shares of GameStop (GME) were up another 134.84% today, January 27, to close at $347.51. The stock traded at just $17.25 on January 4, 2021. The heady gains in GameStop have led traders to look for other heavily shorted stocks that might go up BIG as short sellers are...
Get ready for the earnings: I’m looking at another big week for tech stocks
After barely dragging higher over the last month, big tech stocks turned red hot this week. And next week, when we get earnings from Microsoft (MSFT), APPLE (AAPL) and Facebook (FB) could be even hotter. The rally in big tech was fueled this week by blockbuster...Jim’s Daily Email Alerts:
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