December 26, 2022 @ 10:52 pm | Breaking News |
On Friday I posted my two-hundred-and-twentieth YouTube video: Quick Pick Sell MHGM This week’s Quick Pick is a little different. Normally my Quick Picks are long (buys) but this one is a short (sell). This is a reaction to the terrible Covid outbreak in China...
December 21, 2022 @ 6:27 pm | Breaking News |
After swiftly abandoning its 0-Covid lockdown policy–without replacing it with anything resembling a national Covid protocol–China is facing a Covid disaster that could see more than 1 million deaths from the coronavirus in 2023. That would put...
August 1, 2022 @ 7:17 pm | Breaking News, Jubak Picks Portfolio |
I ended my recent post “This looks like the Bear Market rally I’ve been waiting for” on my subscription JubakAM.com site by saying “Enjoy the ride but look to sell shares of companies that look most exposed to the return of recession/high...
June 19, 2022 @ 2:52 pm | Breaking News |
Friday, June 17, was a modestly up day for most of the indexes. The Standard & Poor’s 500, for example, gained 0.22% and the NASDAQ was up a stronger 1.43%. (The Dow Jones Industrial Average lost 0.13% on the day.) But you’d never know that the...
March 18, 2022 @ 7:38 pm | Breaking News, DAL, Jubak Picks Portfolio, KO, MGM |
I’m starting up my videos again–this time using YouTube as a platform. My one-hundredth-and fourteenth YouTube video “Three great summer trades get tricky” went up today. Special extra video this week! Ahead of tomorrow’s Quick Pick (no,...
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...
October 29, 2021 @ 7:49 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. My sixty-second YouTube video “Quick Pick MGM Resorts International” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
August 17, 2021 @ 7:26 pm | Breaking News, Jubak Picks Portfolio, MGM, WH |
I try to use big up and (especially) down days in the stock market to stress test my portfolio. One of the things I look to learn from a high volatility down days is how the hedges that I’ve put on to protect my portfolio work under big stress. So, for example,...
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...
July 16, 2021 @ 6:52 pm | Breaking News |
U.S. retail sales surged 18.0% in June from June 2020, the Commerce Department reported today. Demand for goods remained strong but spending is clearly shifting back to services. Stocks fell despite the good news with economic recovery and post-vaccine recovery stocks...
June 21, 2021 @ 7:21 pm | Breaking News |
Remember way back at the beginning of last week? That is before the Federal Reserve signaled on Wednesday that more of the members of its Open Market Committee were thinking about raising interest rates sooner than previously expected. Re-opening stocks, value stocks,...
May 14, 2021 @ 7:33 pm | Breaking News |
As I write this on Friday, May 14, at 3:25 New York time, the Standard & Poor’s 500 has climbed 1.61% for the day to 4178.91. That puts it within 56 points of the close for the index of 4232.60. So after all panic in the early part of the week, the index is...
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...
April 1, 2021 @ 7:42 pm | Breaking News, Jubak Picks Portfolio, MGM, WH |
I’m starting up my videos on again–this time using YouTube as a platform. The seventeenth YouTube video “3 picks for earnings season” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
March 19, 2021 @ 7:46 pm | Breaking News |
The Standard & Poor’s 500 closed down 0.06% today, March 19. About as exciting as watching paint dry. The NASDAQ Composite, down yesterday, reversed that drop and a little bit more by adding 0.76%. The iShares MSCI Emerging Markets ETF (EEM), down 1.84%...
March 15, 2021 @ 7:38 pm | Breaking News, Jubak Picks Portfolio, MGM |
Shares of MGM Resorts International (MGM) are up 15.16% since I added them to my Jubak Picks Portfolio on February 11, 2021. I don’t think the gains are done for this casino and hotel stock. Today I’m raising my target price to $48 a share from the current...
March 4, 2021 @ 7:27 pm | Breaking News |
Back on February 23, I wrote a post with the headline “Everything is down today” and added that while I wasn’t buying everything on the dip I was doing some selective nibbling. Today’s market looks almost exactly the same–if a bit more so...
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...
February 23, 2021 @ 11:15 am | Breaking News, Buy Hold Sell |
Yesterday tech tumbled but utilities, commodities like copper and even gold, and many “vaccine recovery” plays gained. Today almost everything is down. Which to me is a sign that this now 6-day downturn is getting closer to an end. Right now, as of 1:30...
February 11, 2021 @ 7:41 pm | Breaking News, Jubak Picks Portfolio, MGM |
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...
February 3, 2021 @ 7:00 pm | Breaking News, Buy Hold Sell |
I’m starting up my videos again–this time using YouTube as a platform. The ninth YouTube video “Trading Rationally in an Irrational Market” 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...
November 23, 2020 @ 6:59 pm | Breaking News, MGM |
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,...
October 29, 2020 @ 7:19 pm | Breaking News, Volatility, You May Have Missed |
As of the close today, October 29, the Standard & Poor’s 500 was up “just” 1.17%. (The NASDAQ Composite had gained 1.64% and the Dow Jones Industrial Average had picked up 0.52%) I say “just” because after yesterday’s 3.53%...
October 27, 2020 @ 7:15 pm | Breaking News |
What I like to see–if I’m on the long side of stocks–after a drop like yesterday when the Standard & Poor’s fell 1.86% for its biggest loss in a month and the Dow Jones Industrial Average gave up 2.29%–is a bounce that speaks to...
September 24, 2020 @ 7:21 pm | Breaking News |
Stocks moved up modestly this morning (modest considering the damage down in the last few days) with the Standard & Poor’s 500 up 0.99% at 1 p.m. New York time, the Dow Jones Industrial Average ahead 0.94%, and the NASDAQ Composite gaining 1.16%. The move...
September 22, 2020 @ 6:57 pm | Breaking News |
This morning it looked like we might not get the bounce I expected today after the Monday morning sell off and Monday afternoon recovery. The NASDAQ, dominated by the big tech names most likely to bounce today, started Tuesday off in a mild downturn. As of 11:07 a.m....