January 25, 2021
What You Need to Know Today:
New claims for unemployment dip slightly, remain elevated
Initial jobless claims in regular state unemployment programs declined–on an adjusted basis–by 26,000 to 900,000 for the week ended January 16, the Labor Department announced today, January 21. On an unadjusted basis, initial claims for unemployment dropped by more than 151,000 to 960,668. Continuing claims in state programs–the number of people receiving ongoing jobless benefits–decreased by 127,000 to 5.05 million in the week ended January 9. In the week ended January 2 there were 3.03 million continuing claims for Pandemic Emergency Unemployment Compensation, which provides federal extended jobless benefits for those who have exhausted their regular state benefits

Saturday Night Quarterback says (on a Sunday), For the week ahead expect…
This week brings fourth quarter earnings reports from Microsoft (MSFT) on Tuesday, and Apple (AAPL) and Facebook (FB) on Wednesday to add fuel to the Big Tech rally. The NASDAQ 100, the home of big tech stocks, climbed 4.4% last week. Apple is expected to report record fourth quarter earnings. And that will certainly help technology stocks in general. But I’d also count the diversity of the companies reporting this week on the positive side of the ledger.

Trick or trend: Is negative vaccine news gradually eroding stock market confidence?
Public health consequences aside, for the moment, as dire as they are, investors have to wonder if all the bad news on the coronavirus vaccination effort has started to erode the positive vaccine consensus that helped underpin the rally at the end of 2020 and into 2021.

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.

Watch my new YouTube video on 5 picks for after the pandemic
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The seventh YouTube video “5 picks for after the pandemic” went up today. Please watch and subscribe to my YouTube channel. And like my video.

New claims for unemployment dip slightly, remain elevated
Initial jobless claims in regular state unemployment programs declined–on an adjusted basis–by 26,000 to 900,000 for the week ended January 16, the Labor Department announced today, January 21. On an unadjusted basis, initial claims for unemployment dropped by more than 151,000 to 960,668. Continuing claims in state programs–the number of people receiving ongoing jobless benefits–decreased by 127,000 to 5.05 million in the week ended January 9. In the week ended January 2 there were 3.03 million continuing claims for Pandemic Emergency Unemployment Compensation, which provides federal extended jobless benefits for those who have exhausted their regular state benefits

Special Report: My new Millennial Portfolio (for anyone who has more time than money) with first three stock picks
Today I’m starting a new portfolio on JubakAM.com as part of a new Special Report.The portfolio, The Millennial Portfolio (for anyone who has more time than money), isn’t intended to be limited to millennials, that generation from 1981 to 1996. Its strategies and stock picks are aimed at any investor who has more time–to retirement, to college tuition payments for the kids, to the downpayment on a house–than money. But millennials get their name on this portfolio because this generation is such a perfect example of the problem.
Live Market Report (20 minute delay)
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Recent Blog Posts
- Saturday Night Quarterback says (on a Sunday), For the week ahead expect…
- Trick or trend: Is negative vaccine news gradually eroding stock market confidence?
- Get ready for the earnings: I’m looking at another big week for tech stocks
- Watch my new YouTube video on 5 picks for after the pandemic
- New claims for unemployment dip slightly, remain elevated
- Gold is behaving like Biden stimulus is on its way
- Today’s rally: Was it Biden or Netflix?
- Netflix big surprise today likely to give big boost to big tech shares tomorrow
- Stocks stage 180 as Yellen tells Senate Finance Committee that she, as Treasury Secretary, would support Biden’s plan to “go big” on coronavirus relief and stimulus
- China reports 6.5% GDP growth in the fourth quarter; economy looks primed to be driver of global economy in 2021
- Saturday Night Quarterback says (on a Sunday), For the week ahead expect…
- ExxonMobil shares drop on reports of SEC investigation
- Wall Street dips as present (retail sales) stinks and future (vaccines and stimulus) disappoint
- Adding Applied Materials to my Jubak Picks Portfolio on chip shortage
- New claims for unemployment hit 1.15 million
- Watch my new YouTube video on 4 stock picks for the chip shortage
- China puts three cities into lockdown to head off new coronavirus outbreak
- J&J vaccine data may be coming shortly but the company is as much as two months behind its production schedule
- Johnson & Johnson says its coronavirus vaccine could go to the FDA for emergency approval on January 21–if it works
- Special Report: My new Millennial Portfolio (for anyone who has more time than money) with first three stock picks
- Yields on the 10-year Treasury pull back a bit in today’s auction
- This week starts out like last week–down; will it end with a rally?
- Watch my YouTube video on why this very stretched market will hang in for another six months
- Saturday Night Quarterback Part 3 says, For the week ahead even more of what to expect…
- Saturday Night Quarterback Part 2, says, For the week ahead more of what to expect…
- Saturday Night Quarterback says, For the week ahead expect…
- 50 Stocks Portfolio member TSM reports record quarterly revenue on 5G iPhone demand
- Trick or trend: Alibaba and Tencent rally after avoiding blacklist
- Economy unexpectedly loses jobs in December
- Inflation worries? You’ve got to be kidding but bond market starts to price in higher interest rates