Volatility
July 16, 2021 | Daily JAM, EVGO, Millennial, Volatility |
On July 15, General Motors announced that Brightdrop, its new unit for recharging electric vehicles, would expand to the recharging of commercial fleet vehicles (such as FedEx.) GM named EVgo (EVgo), already partnering with GM to expand its network of fast charging stations, as a preferred partner in the fleet effort. Yesterday shares of EVgo jumped 14.18% on the news. Today, Friday, July 16, the stock gave back 2.57%. EVgo is already a member of my Volatility Portfolio where it is up 4.81% since I added it on May 19, 2021 through a purchase of shares in the the SPAC that would take the company public via a reverse merger. I’ll be adding EVgo shares to my “Millennial Portfolio (for investors with more time than money)” on Monday
July 15, 2021 | Daily JAM, VIX, Volatility |
My strategy for trading volatility using the CBOE S&P 500 Volatility Index (VIX) has two parts
July 8, 2021 | Daily JAM, Videos, Volatility |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The thirty-third YouTube video “QuickPick: EVGO for fast charging” went up today.
July 1, 2021 | Daily JAM, Jubak Picks, Volatility |
Yesterday in my video “3 Picks for an Earnings Blowout” I argued the case that even the 61% second quarter year to year jump in earnings in the Wall Street analyst consensus was understated.. There’s a very high likelihood that we’ll see lots of positive earnings surprise in the second quarter earnings season the begins on July 13 when JPMorgan Chase reports earnings before the market opens. In that video I suggested three stocks JPMorgan Chase (JPM), Taiwan Semiconductor (TSM) and Advanced Micro Devices (AMD) as picks to play that second quarter earnings surprise. Today I’m adding one of these Advanced Micro Devices to my online portfolio with shares in my 12-18 month Jubak Picks Portfolio and Call Options in my Volatility Portfolio.
June 29, 2021 | Daily JAM, VIX, Volatility |
Last Friday I recommended a buy of the November 17, 2021 Call Options on the CBOE S&P 500 Volatility Index (VIX) with a strike at 18 for a new hedge in increased stock market volatility in the fall. The 3.32% drop that day to 15.44 took the index, which measures how much investors and traders are willing to pay to hedge against volatility in the S&P 500, took out the low for the VIX for 2021 and you have to go all the way back to February 10, 2020–before the pandemic knocked the stuffing out of stocks–to find a lower level for the “fear index” at 13.68. My thought on this buy was that at this price I was getting a chance to hedge volatility at a level that would generate a profit even if we didn’t get a big volatility event. Since that buy that Call Option (VIX211117C00018000) has climbed to $5.75 from my buy at $5.20 with a gain of 2.68% today. The VIX itself has edged high both today and yesterday to a close on June 29 at 16.11, up 2.22% on the day.
June 25, 2021 | Daily JAM, VIX, Volatility |
Investors and traders are less afraid of a drop in stocks than at any time in 2021. The CBOE S&P 500 Volatility Index (VIX), which measures how much investors and traders are willing to pay to hedge against volatility in the S&P 500, is down another 3.32% to 15.44 today, June 25, as of 3:30 p.m. New York time. The drop took out the former low for the VIX for 2021 at 15.65. I have to go all the way back to February 10, 2020–before the pandemic knocked the stuffing out of stocks–to find a lower level for the “fear index” at 13.68. So today I’m buying Call Options on the VIX–which will go up if fear and the index climb for November 2021 with a strike at 19.
June 21, 2021 | Daily JAM, Dividend Income, FCX, Jubak Picks, NVDA, SCCO, Short Term, Special Reports, Top 50 Stocks, Volatility |
After Wednesday’s news from the Federal Reserve, we all know that an interest rate increase is coming–even if we don’t know when. Could be 2022. Could be 2023. And even if we don’t know how many increases we’re looking for in that time period. Could be one. Could be two. The need to revise your portfolio to take that change in monetary policy is obvious. But figuring out how and when isn’t by any means straightforward. What gives? And how should be navigate a period that is almost certainly going to end with a reversal of the lower for longer interest rates that have dominated asset prices for decades? Today, for the last installment in my Special Report: “5 Picks and 5 Hedges for a Falling Market” I’m going to take one last run at how to hedge this market and how to position your portfolio for the developing trends. (I don’t have much hope that this will be the last time I’m visiting this topic, of course.)
June 7, 2021 | Daily JAM, Volatility |
The CBOE S&P Volatility Index (VIX) dropped 8.9% on Friday, June 4, to 16.44. It’ up just slightly today to 16.73 (up 1.89%) as of 2 p.m. New York time. That’s, in my opinion, an extremely low reading on the fear index considering how many potentially market moving volatility events we’ve got ahead of us over the next six months. (For a list see my Special Report: 5 picks and 5 hedges for a falling market.) So today, June 7, I’m adding another Call Option on the ViX to my Volatility Portfolio.
May 26, 2021 | BBW, Daily JAM, Volatility |
When I added shares of Build-A-Bear Workshop (BBW) to my Volatility Portfolio on March 31, 2021, I was thinking that the stock would move up in price as pandemic restrictions that had forced the closing of most of the company’s stores eased. The company had made a huge and successful shift to online selling and I thought that Build-A-Bear would be able to continue that success as well as reap the revenue gains that would come from the reopening of its brick and mortar stores. But I certainly didn’t expect the stock to gain 103.91% from then until the close on May 26. The stock climbed another 39.31% today on the release of earnings and is now up 100.14% in the last three month; 78.10% in the last month, and 56.33% in the last week. I’m selling the shares today, May 27, on the great news in the earnings report for the quarter.
May 25, 2021 | Daily JAM, DIS, Volatility |
The Disney July 16 Call Options (strike price $170) are up another 17.98% today, May 25, as of 1:30 p.m. New York time to $9.91. I’m going to make my profit in this option position today ahead of the potential volatility later this week ahead of Friday’s big inflation data release. I bought these options back on May 17 at $7.17 a contract. I’m closing the position with a 32.6% gain.
May 24, 2021 | Daily JAM, Jubak Picks, Volatility |
Gold closed up today, May 24, by 0.27% to $1884.00 an ounce for August delivery on the COMEX. That took the metal to its highest price since its January 5 high for 2021 at $1954. The rally in gold from a March 8 low at $1678 an ounce, has not only brought gold near breakeven for 2021, but is pressing against resistance near $1900 an ounce. Gold has posted three straight weekly gains. No secret what’s been driving gold higher: fears of rising inflation.
May 18, 2021 | CHPT, CLII, Daily JAM, DNNGY, ES, Jubak Picks, Morning Briefing, Special Reports, Volatility |
Here are my first five stock picks for my Special Report on finding “Real Green” Stocks. These are my “low-hanging fruit” stocks for climate change.
