Top 50 Stocks

What are the effects on stocks of China’s economic slowdown? Doing some selling of copper ETFs today

What are the effects on stocks of China’s economic slowdown? Doing some selling of copper ETFs today

August 17, 2021 | COPX, CPER, Daily JAM, Dividend Income, Millennial, SCCO, Top 50 Stocks | 3 comments

On Monday the Chinese government reported that the country’s economy slowed more than expected in July. Retail sales were crimped by tough new virus restrictions introduced toward the end of the month to contain fresh outbreaks. Retail sales rose by 8.5% near over year. Analysts had expected growth of 10.9%. Industrial production to a 6.4% year over year increase instead of the 7.9% in economist forecasts. Investment in fixed assets rose 10.3% year to year in the first seven months of 2021 against expectations for an 11.3% increase. No big secret about the effects. China’s economy is the driver for global demand for commodities such as copper. And for demand for some key manufactured goods such as chips.

Saturday Night Quarterback says, For the week ahead expect…

Saturday Night Quarterback says, For the week ahead expect…

July 24, 2021 | AAPL, AMD, AMZN, Daily JAM, FB, GOOG, Jubak Picks, MSFT, Top 50 Stocks | 2 comments

I hope it’s no surprise to you–I’ve been yammering away on this topic for the last two weeks after all–but next week is a big week for earnings from bellwether tech companies. The market reaction to those earnings will determine whether the current earnings based rally goes on for a while or if, instead, we get a sell on the news retreat. Tuesday, April 27, is the first big day with Apple (AAPL), Advanced Micro Devices (AMD), Alphabet (GOOG) and Microsoft (MSFT) all reporting.

Taiwan Semiconductor earnings on Thursday upended chip stocks–here’s why

Taiwan Semiconductor earnings on Thursday upended chip stocks–here’s why

July 18, 2021 | AMD, Daily JAM, IFNNY, Jubak Picks, NVDA, NXPI, Top 50 Stocks, TSM, Volatility | 3 comments

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 revenue guidance for the third quarter to a range of $14.6 billion to $14.9 billion. The midpoint of that range, $14.75 billion, was above the Wall Street consensus estimate of $14.57 billion. Sales in the third quarter of 2020 are $12.4 billion.Taiwan Semiconductor said that it now expects sales to grow more than 20% this year, an increase from the 20% target announced earlier in the year. For 2020-2025, the company raised its revenue forecast to a compound annual growth rate of 15% from a previous target of 10% to 15%. But the stock dropped 5.5% on July 15 and fell another 1.52% on Friday, July 16. Why?

Special Report: 5 Post-Pandemic Picks and 5 Post-Pandemic Pans for a “New Normal”–my first three picks

Special Report: 5 Post-Pandemic Picks and 5 Post-Pandemic Pans for a “New Normal”–my first three picks

June 27, 2021 | Daily JAM, Jubak Picks, Special Reports, Top 50 Stocks, You Might Have Missed | 9 comments

The pandemic is over. (I’ve got my fingers crossed, I’ll admit, about a resurgence in the winter.) But it has left behind a changed world. The new normal won’t be exactly like the old normal in big and critical ways. For investors. Think of the pandemic as a really painful test for the global economy and individual companies. (As well as a global horror that killed more than 3 million people.) Some companies passed the test with flying colors–and in fact came out of the pandemic with stronger prospects than ever. Others saw the pandemic expose expected or unexpected weaknesses. In this Special Report I’ll be putting together a list of 5 picks and 5 pans for a Post-Pandemic economy.

News that White House and Senator group have struck a deal on infrastructure sends the usual suspects higher today

June 24, 2021 | CAT, Daily JAM, DE, Jubak Picks, Top 50 Stocks, VMC | 2 comments

The White House has announced that it has struck an infrastructure deal with a bipartisan group of 10 Senators. There are almost no details on the deal and it’s not at all clear that President Biden will be able to convince the progressive wing of his own party to support the deal. On the other side of the aisle, Republican Senate Minority Leader Mitch McConnell has not endorsed the deal. As I do the math, if only the 5 Republican Senators who were part of the negotiating group vote for the deal in the Senate, it will fail to clear the 60-vote threshold necessary for passage if McConnell and other Republicans decide to filibuster the legislation. All that aside, today the usual infrastructure stocks gained.

Nvidia joins small group of “must-own” stocks

Nvidia joins small group of “must-own” stocks

June 22, 2021 | Daily JAM, NVDA, Top 50 Stocks | 0 comments

If you’re building a portfolio and want e-commerce exposure, you buy Amazon (AMZN). For smartphones, you buy a stake in Apple (AAPL). For electric cars, it’s Tesla (TSLA). There’s a small group of stocks that are “must own” stocks for any growth portfolio because they encapsulate a key growth trend. I’d now add Nvidia to the list.