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,...
January 17, 2023 @ 11:03 pm | Breaking News |
Right now Wall Street analysts project that on Thursday, January 19, Netflix (NFLX) will report earnings of just 44 cents a share for the fourth quarter of 2022. That would be a huge drop from the $1.33 the company reported in the fourth quarter of 2021. If Netflix...
October 18, 2022 @ 7:07 pm | Breaking News, Buy Hold Sell |
After the close today, Octob er 18, Netflix (NFLX) reported fiscal third-quarter earnings that beat Wall Street projections and added far more subscribers than analysts had expected. After falling 1.73% in the regular session, the stock added 14.02% in after-hours...
April 25, 2022 @ 6:55 pm | Breaking News |
My one-hundredth-and-twenty-sixth YouTube video “Trend of the Week Are Food Delivery Stocks the Next Netflix” went up today. Will continued inflation and demand destruction from the Fed’s rate hikes added to changes in consumer behavior now that the...
April 20, 2022 @ 8:24 pm | Breaking News |
My one-hundredth-and-twenty-third YouTube video “Netflix, Inflation, and Demand Destruction” went up today. Today I’m covering Netflix’s (NFLX) crash after releasing subscriber numbers showing the loss of 200K subscribers for the quarter and...
April 20, 2022 @ 8:14 pm | AMZN, Breaking News, COST, Jubak Picks Portfolio |
Today, as we watch Netflix (NFLX) edge toward a drop of 35% at the close on yesterday’s huge earnings disappointment, the name of the game is “Find the new Netflix.” Other streaming service companies? Sure. An obvious choice. Shares of Disney (DIS)...
April 19, 2022 @ 7:24 pm | Breaking News |
Here’s what caught my eye yesterday, April 18. For a big change from recent losses, the chip group of stocks was all in the green. And not just by a pinch either. Yesterday Nvidia (NVDA) was up 2.47%: NXP Semiconductors (NXPI) was up 1.91%; Synaptics (SYNA) was...
March 24, 2022 @ 7:52 pm | Breaking News, Jubak Picks Portfolio, LULU |
I’m starting up my video again–this time using YouTube as a platform. My one-hundredth-and fourteenth YouTube video “Three Recession Sells” went up today. This week’s video takes a look at what I’m calling consumer discretionary...
October 20, 2021 @ 7:13 pm | Breaking News |
Shares of Netflix (NFLX) were down today, closing 2.17% lower, even through the company reported after the close yesterday that it had added 4.38 million new subscribers. That was well above the company’s own forecast of 3.5 million new subscribers and Wall...
July 20, 2021 @ 7:18 pm | Breaking News |
Today investors and traders ran to buy all the re-opening, post-vaccine recovery, cyclical stocks that they dumped yesterday. Macy’s (M) is up 4.29% as of 3:30 p.m. New York time after plunging 4.90% yesterday. Amusement park operator Cedar Fair (FUN) is up...
July 19, 2021 @ 7:06 pm | Breaking News |
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 &...
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 20, 2021 @ 10:30 pm | Breaking News, Buy Hold Sell |
This won’t help an already nervous market one bit. Today, April 20, after the close Netflix (NFLX) reported first-quarter subscriber growth way below projections. The stock was down 1.21% in after-hours trading as of 4:30 p.m. New York time. Revenue of $7.16...
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...
January 27, 2021 @ 7:04 pm | Breaking News |
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...
January 22, 2021 @ 7:23 pm | Breaking News |
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...
January 20, 2021 @ 7:33 pm | Breaking News |
Today the Standard & Poor’s 500, the Dow Jones Industrial Average, and the NASDAQ Composite all hit record highs. Likely cause? The peaceful inauguration of Joe Biden as President? Yesterday’s report of blow out gains in subscribers in the fourth...
January 19, 2021 @ 7:34 pm | Breaking News |
After the market close today,January 19, Netflix (NFLX) reported that it had added 8.51 million subscribers in the fourth quarter. Wall Street was expecting an add of 6.03 million. In after hours trading shares of Netflix gained 13.13%. The quarterly results were...
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...
October 1, 2020 @ 7:41 pm | AMZN, Breaking News, IFNNY, MSFT |
The economic news today was at best “not terrible.” Initial claims for unemployment for the week showed a job market recovery that has stalled. Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi adjourned their talks for another day without...
July 8, 2020 @ 7:52 pm | Breaking News |
Today what I’m calling “re-opening dependent” stock fell again. At least in the early going. Toward the end of session–like yesterday–these stocks and stocks in general rallied. Which in and of itself tells us something important about...
April 17, 2020 @ 7:27 pm | Buy Hold Sell |
Jim’s Extras are something new that I’ve added to JubakPicks.com. Jim’s Extras are posts that provide a wider economic or market analysts than the normal diet here of stock specific posts or posts that cover the day’s market moves. Like...
January 23, 2020 @ 7:43 pm | Breaking News |
On Tuesday after the close of trading Netflix (NFLX) smashed through fourth quarter projections by adding 8.76 million subscribers globally in the quarter. That easily beat analyst estimates for the quarter of 7.9 million new subscribers. For the quarter earnings came...
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...
February 26, 2019 @ 7:52 pm | Breaking News, Dividend Income Portfolio, T |
The U.S. Appeals Court in Washington ruled today that AT&T’s (T) $85 billion takeover of Time Warner (now known as WarnerMedia) could go ahead. The court said in a 35-page opinion that the Justice Department had failed to establish that a lower-court judge...
January 17, 2019 @ 7:13 pm | Breaking News, Volatility, You May Have Missed |
The big banks have delivered to start off earnings season. And the financial sector has been a key source of strength for the uptrend in stocks since January 3. Over the last month, the Financial Select Sector SPDR ETF (XLF) is up 5.4% as of the close on January 17....
October 16, 2018 @ 11:07 pm | Breaking News, Volatility, You May Have Missed |
After the market close yesterday, October 16, Netflix (NFLX) announced third quarter earnings of 89 cents a share, a huge 21 cents a share above Wall Street projections. Revenues climbed 34% year over year to $4 billion against analyst estimates of $3.99 billion. The...
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....