Be careful out there: This is one insanely volatile market both on the up and down sides
Want to know exactly how volatile the stock market is right now? Yesterday investors and traders got news that the first case of the Omicron Variant had been recorded in California. On that, and some “We’ll tighten sooner than expected” remarks from...
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...
Apple is Pick #5 for my Special Report: It’s a Market Melt Up!! on JubakAM.Com. (And for my Jubak Picks and Volatility portfolios tomorrow)
It was sure hard to see a market melt up today, November 22. The Standard & Poor’s 500 was down 0.32% and the NASDAQ Composite fell 1.26%. Market leaders in the melt up rally like Applied Materials (AMAT) and Microsoft (MSFT) were down 1.65% and 0.96%,...
I’m looking for a test of Friday’s rotation into tech stocks
This week I expect a test of the Friday’s rotation into technology stocks and away from anything that depends on economies remaining relatively free of Pandemic restrictions. On Friday, the winners were technology shares–Apple, Amazon, Tesla, Nvidia, for...
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...Forward into the past with tech stocks: We’ve seen this market before
On November 15 in my post on what’s priced in and what’s not, I noted that an upsurge in Covid infections this winter wasn’t priced in. And that evidence of a new wave from Europe where infection rates have headed higher in what might be a preview...
Apple reportedly to cut iPhone 13 production targets on chip shortage
This doesn’t help a chip sector already in a correction and on the verge of breaking major technical support. (The iShares Semiconductor ETF (SOXX) fell 1.25% yesterday to $435. That’s well below the 50-day moving average at $459 and just slightly above...
Buy-the-dippers are showing a little fatigue
After Monday’s selling, the Standard & Poor’s 500 was down 5.2% from its September 2 high. And as has been usual lately that drop brought the buy-the-dip investors and traders out in force today, Tuesday, October 5 At the close the Standard &...
Watch my new YouTube video October volatility for technology stocks
I’m starting up my videos on again–this time using YouTube as a platform. My fifty-second YouTube video “October volatility for technology stocks” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see...
The big tech earnings reports may be over, but now tech earnings get interesting
We’ve heard from Amazon, Alphabet, Facebook, Microsoft, and Apple. The earnings from the BIG GUYS are IN. But this week brings a bushel of earnings reports from the next generation in technology. And on recent performance these stocks have been out gaining most...
Watch my new YouTube video: “Amazon’s miss is a big deal…for all stocks”
I’m starting up my videos again–this time using YouTube as a platform. My forty-fourth YouTube video “Amazon miss is a big deal…for all stocks” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can...
Why Microsoft outpaced the market and techs today
Today Microsoft (MSFT) closed up 2.08%. The NASDAQ 100 was ahead just 0.51% and the Standard & Poor’s 500 gained only 0.13%. The gains took Microsoft shares to a record intraday high of $297.35. Why the extra pop in Microsoft shares? Because today Microsoft...
Watch my new YouTube video: “3 picks for the fall tech rotation”
I’m starting up my videos again–this time using YouTube as a platform. My fortieth YouTube video “3 picks for the fall tech rotation”-went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it below:...
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...
Taiwan Semiconductor earnings on Thursday upended chip stocks–here’s why
On Thursday, July 15, Taiwan Semiconductor Manufacturing (TSM), the world’s leading chip foundry, reported earnings of 93 cents a share for the second quarter, up 18% year over year. That was inline with analyst estimates. Sales rose 28%. The company raised its...
For one day at least the central banks are back in charge of stock and bond markets
Stocks rallied today and bond prices moved higher (sending bond yields lower) on news that China People’s Bank and the European Central Bank would both pursue monetary moves to bolster growth. The People’s bank reduced the amount of cash that banks have to...
OPEC+ is in crisis again–but since no one knows quite what the result is likely to be, we’ve had big swings in sentiment and prices in the oil market (and in banks, other commodities, and the inflation/deflation play) today
The Organization of Petroleum Exporting Countries and its affiliated oil producers (OPEC+) abandoned their Monday meeting after days of tense talks failed to result in an agreement on a tentative deal to increase production, and even over how to measure production....
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...
Don’t forget the “animal spirits”
I left my keyboard at 11:30 this morning to go for a walk in my neighborhood. The temperature was near 60 degrees in New York City. The sun was out. Restaurants with outdoor space were full. Columbia and Barnard students were out in skirts and even a few tank tops....
The rotation gets extreme–Dow hits record intraday high while NASDAQ Composite falls into a correction
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...
The tide rises–Treasury yields climb again and so do inflation plays
As of the close in New York today, February 22, the yield on the 10-year Treasury had climbed another 3 basis points to 1.37%. Commodities that can act as inflation hedges were up as well. Copper showed no signs of ending its climb, rising 4.17% today to $8909 a ton...
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...
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...
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...
This week starts out like last week–down; will it end with a rally?
At the close today, January 11, the Standard & Poor’s 500 was off 0.66%. The Dow Jones industrial Average was lower by 0.29%. The NASDAQ Composite had fallen 1.255 and the NASDAQ 100 had dropped 1.55%. The small cap Russell 2000 was down just 0.03%. The...
Watch my YouTube video, please, on what Apple and Microsoft’s moves on Intel mean for tech stocks
I’m starting up my videos again–this time using YouTube as a platform. The third YouTube video on What Apple and Microsoft’s moves on Intel mean for technology stocks went up today. Please watch and subscribe to my YouTube channel. And like my video. (Note that for...
Stocks rally today–but I’d feel better if volume was higher and the same old big techs weren’t leading the day
Today looks like a strong rally but I’ve got my doubts. At the close the Standard & Poor’s 500 was up 1.60%. The Dow Jones Industrial Average was ahead 1.34%. The technology laden NASDAQ Composite was higher by 2.26%. The NASDAQ 100, dominated by the...
Stocks take a while but deliver expected bounce today
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....
Market cuts losses in half in afternoon session; NASDAQ 100 bounces into green
At noon today, September 21, the NASDAQ 100, dominated by the big stocks that have led this rally, was down by 1.17%. Shares of Apple (AAPL), were lower by 0.41%. Amazon (AMZN) was off 1.66%. Alphabet (GOOG) was down 2.72%. Facebook (FB) had tumbled 2.10%. Microsoft...Jim’s Daily Email Alerts:
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