Top 50 Stocks

Time to shift gears on your selling strategy (if any) as we move to 2022 from 2021–my last two sells for 2021 are Itau Unibanco and Cemex

Time to shift gears on your selling strategy (if any) as we move to 2022 from 2021–my last two sells for 2021 are Itau Unibanco and Cemex

We’ve got just two more trading sessions left in 2021. And then it’s on to 2022. Which means you should have wrapped up–or making any last minute sells–to harvest tax losses from 2021 in the next day or so. Of course, being the tax-savvy investor that you are, you have postponed taking profits on big winners in 2021 until 2022. (I’ll have an update on January profit-taking in the week after New Years.)

There’s damage to individual stocks–like Amazon–below the surface of this market volatility

There’s damage to individual stocks–like Amazon–below the surface of this market volatility

If you look just at an index like the NASDAQ 100, an index dominated by BIG TECH, the volatility of the last month hasn’t done much damage. The index closed today December 21 at 15,986, up 3589 points. That’s almost exactly–with the difference in the decimal points–where the index stood on November 10 when it closed at 15,986. The index did drop through support at the 50-day moving average yesterday but rebounded to the upside today to clear resistance at 15,921. See nothing has happened! But you get a different picture if you look at the shares of a market leader such as Amazon (AMZN).

FTC sues to block Nvidia takeover of ARM

FTC sues to block Nvidia takeover of ARM

Today, December 2, the Federal Trade Commission sued to block Nvidia’s (NVDA) $40 billion acquisition of ARM. “The FTC is suing to block the largest semiconductor chip merger in history to prevent a chip conglomerate from stifling the innovation pipeline for next-generation technologies,” Holly Vedova, director of the commission’s Bureau of Competition, said in the statement.

A stock isn’t a buy just because it’s cheaper than it was–Lessons from Disney on when to buy on the dip

A stock isn’t a buy just because it’s cheaper than it was–Lessons from Disney on when to buy on the dip

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 previous price after a dip. And especially that it has to return to that former price on your schedule. Let me use Disney (DIS), one of the stocks I’m tracking in my Dip-O-Meter, as an example.

FTC sues to block Nvidia takeover of ARM

Nvidia beats: Does this set the stage for the next leg up in stocks?

On Saturday I posted that Nvidia’s (NVDA) earnings report on November 17–that is today–and the market reaction to the company’s quarterly earnings report would tell us a lot about market sentiment and the magnitude of any year-end, market melt up rally.
Wall Street analysts were projecting that the company would announced earnings of 95 cents a share for the quarter that ended in October. That would be a huge 58% increase from the 60 cents a share reported for the October 2020 quarter, I
But, I worried, that much of that number was already in the share price. The stock was up 47% in the last month and 133% for the year to the November 15 close. Would the stock drop if all the company did was meet expectations?

Special Report: Buy on the Dip Strategy #4 (of 4) and three more picks (Nos. 12, 13, and 14)

Special Report: Buy on the Dip Strategy #4 (of 4) and three more picks (Nos. 12, 13, and 14)

When I started Special Report for how to Buy on the Dip, What to Buy on the Dip and When to Buy on the Dip I was only looking to have three strategies (and 10 picks). The more I look at the current market, the more complex it seems with more moving parts that could generate an Oh, No! moment for this stock or that stock.Which is why, in my last update to this Special Report, I added a fourth strategy, one I’m calling “The China bomb” and four more picks to my Buy on the Dip Special Report. Today, I’m going to complete this Special Report with this post on the strategy that was, initially, going to be Strategy #3 (when there were just three strategies in the report.) Because I inserted “The China Bomb” strategy as a new Strategy #3, the original Strategy #3, Buy on the Regret, got bumped to today’s Strategy #4.

Special Report: Buy on the Dip Strategy #3 (of 4) and four more picks (Nos. 8, 9, 10 and 11)

Special Report: Buy on the Dip Strategy #3 (of 4) and four more picks (Nos. 8, 9, 10 and 11)

When I started Special Report for how to Buy on the Dip, What to Buy on the Dip and When to Buy on the Dip I was only looking to have three strategies (and 10 picks). The more I look at the current market, the more complex it seems with more moving parts that could generate an Oh, No! moment for this stock or that stock. Which is why I’ve added a fourth strategy, one I’m calling “The China bomb” and four more picks to my Buy on the Dip Special Report.