Long Term

The surge in the U.S. debt couldn’t be coming at a worse time

The surge in the U.S. debt couldn’t be coming at a worse time

February 7, 2024 | Daily JAM, Long Term, Morning Briefing | 0 comments

The United States is on a pace to add nearly $19 trillion to its national debt over the next decade, according to a new report from the Congressional Budget Office released today, Wednesday, February 7. The budget office projected that the annual deficit will grow to $2.6 trillion in 2034 from $1.6 trillion this year, adding $18.9 trillion to the national debt during the decade. By then, the debt is projected to surpass $54 trillion.

Special Report: 10 Penny Stock Home Runs–Pick #1 LAZR, #2 PILBF, #3 GWH, #4 NLLSF, #5 LYSDY, #6 VWDRY, #7 LCCTF

Special Report: 10 Penny Stock Home Runs–Pick #1 LAZR, #2 PILBF, #3 GWH, #4 NLLSF, #5 LYSDY, #6 VWDRY, #7 LCCTF

January 30, 2024 | Daily JAM, Long Term, Millennial, Special Reports, Volatility | 4 comments

Usually I start off one of these stock-picking Special Reports by building a paradigm that I can use to screen for the kind of stocks I’m looking for. For this Special Report: 10 Penny Stock Home Runs I’m going to reverse that process and begin with the 10 picks.My first pick is Luminar Technologies.

Taiwan Semiconductor results set the chip sector on fire

Taiwan Semiconductor results set the chip sector on fire

January 19, 2024 | Daily JAM, Long Term, Morning Briefing, Top 50 Stocks, TSM | 5 comments

Shares in Taiwan Semiconductor Manufacturing (TSM) were up almost 10% yesterday after the company announced an unexpectedly strong return to growth. That has in turn pushed chip stocks higher across the sector. For example, shares of Advanced Micro Devices (AMD), which were already moving higher this week ahead of the news, hit a new record high today. The good news from semiconductor companies and the moves on their stock have also rallied the general market.

China economic growth hit official target in 2022, but population plunge accelerates

January 17, 2024 | Daily JAM, Long Term | 0 comments

Well, what did you expect Chinese officials to talk about at Davos? Yesterday, Premier Li Qiang said in a speech at the World Economic Forum in Davos, Switzerland, that China’s economy is expected to have grown 5.2% in 2023. Which would exceed the government’s target of “around 5%” set in March. Li’s estimate roughly agrees with the average 5.3% expected by economists. In 2022, China’s economy grew at a 3% rate.But also yesterday, the National Bureau of Statistics said that China’s population decline has accelerated.

Taiwan Semiconductor results set the chip sector on fire

Special Report: 10 Great Growth Stocks that Are Getting Greater–today my 10th (and final) pick QCOM

January 14, 2024 | Daily JAM, Jubak Picks, Long Term, QCOM, Short Term, Stock Alerts, Volatility | 1 comment

GREATER Growth Stock Pick #10: Qualcomm (QCOM). I think the market and the current stock price are missing a good prt of the growth story for Qualcomm. Which is why I find the stock undervalued enough to buy here. Right now the market disagrees. However, I’ll be adding the stock to my Jubak Picks and Volatility Portfolios on Tuesday, January 16.

The surge in the U.S. debt couldn’t be coming at a worse time

Is the debt market ignoring the coming wave of bond supply?

January 10, 2024 | Daily JAM, Long Term, Morning Briefing | 1 comment

Right now all that the bond market and indeed all the financial markets care about is when will the Federal Reserve begin to cut interest rates. The consensus is that sometime relatively soon–March or more likely June–the Fed will begin to deliver interest rate cuts that will total somewhere around 100 basis points (at least) for 2024. But what if the Federal Reserve and other central banks around the world really aren’t in control of interest rates in the bond market anymore?