Z-SYMBOLS
December 8, 2021 | CHPT, Daily JAM, Morning Briefing, NKTR, Short Term |
With the VIX “fear index” falling back closer to “normal” levels–it dropped to 21.89 yesterday from 31.12 on December 1–it sure feels like the extreme volatility of the end of November and early December is on the ebb. The move to yesterday’s 21.89 close from December 1 was was a surge of 30% in the CBOE S&P 500 Volatility Index in a week. This move away from panic follows on a jump in the “fear index” in the week from November 24 to December 1 of 67% in the opposite direction. I’d be surprised if we don’t see another surge in volatility in the rest of December or in January with what promises to be a crazy earnings season, but even if volatility holds at something like today’s level–slightly elevated from the historical averages but in the rough ballpark–don’t forget that volatility has a long tail. Volatility, in fact, creates volatility. And not least of all in individual stocks.
December 7, 2021 | Daily JAM, Long Term, WST |
It’s been a while but I haven’t forgotten. Back on October 5 I named Intuit (INTU) my eighth pick in my Special Report: 10 Greatest “Savings Account Stocks. Which meant that I owned readers two more picks. Today’s pick of West Pharmaceutical Services (WST) is pick No.9. One more to go. (As with picks No. 7 MasterCard and No. 8 Intuit, I’m suggesting that you hold off on buying West Pharmaceutical until we see a bigger dip or what I now anticipate as the end of the current extreme volatility sometime around March 2022.)
December 7, 2021 | AAPL, AMAT, ASML, Daily JAM, Morning Briefing, NVDA, NXPI |
Here we go again. It’s not that we really have any more information about the Omicron Variant–we certainly don’t know what its effects will be on global economic acuity–but just as fears that the Covid-19 variant would send the world back into lockdown crushed stocks last week, this morning, December 7, a belief that Omicron won’t be all that bad has taken root and stocks are soaring in morning action.
December 6, 2021 | BMY, Daily JAM, Jubak Picks, Stock Alerts |
As I noted in my posts over the weekend, I think that along with all the general volatility and the rotation away from high moment and higher price-to-earnings ratio technology stocks, the last week or so saw a rotation into “safe” haven stocks such as utilities and Big Pharma. Which is one of the reason I’m adding Bristol-Myers stock to my Jubak Picks Portfolio as of December 7
December 3, 2021 | Daily JAM, Top 50 Stocks, VEEV, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My seventy-sixth YouTube video “Quick Pick Veeva Systems” went up today.
December 2, 2021 | Daily JAM, JO, Stock Alerts, Volatility |
But 2021 has been very, very good to the iPath B Bloomberg Coffee Total Return ETN (JO). A series of disruptions–weather in Brazil and Colombia, a shortage of shipping containers that curbed exports from Vietnam, a civil war in Ethiopia–sent coffee prices to a 10-year high on November 30. Despite the global Pandemic depressing demand from consumers who didn’t venture out of coffee shops during the worst of the virus outbreak. Now after a 73% gain for 2021 to date the question for investors after the is how much higher can coffee prices and this coffee ETF go?
The trend for the next year or two looks positive.
December 2, 2021 | Daily JAM, Millennial, NVDA, Top 50 Stocks |
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.
December 2, 2021 | Daily JAM, DHR, PFE, Top 50 Stocks, VEEV, Videos, WST |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My seventy-fifth YouTube video “4 Picks for the Omicron Wave” went up today.
December 2, 2021 | AAPL, AMAT, Daily JAM, Morning Briefing, SMNNY |
Want to know exactly how volatile the stock market is right now? Yesterday investors and traders got news that the first case of the Omicron Variant had been recorded in California. On that, and some “We’ll tighten sooner than expected” remarks from Fed officials, stocks plunged with the Dow Jones Industrial Average showing a 972 point swing from high at 11:25 and 34,994 to the close a 34,022. Today investors and traders got news of a second case–a Minnesota man who had attended an anime conference in New York. And the stock market didn’t just shrug; it rallied big time with the Standard & Poor’s 500 closing up 1.42%, the Dow Industrials u 1.85%, and the small cap Russell 2000 ahead 2.74%.
December 1, 2021 | AMAT, Daily JAM, DIS, Jubak Picks, MGM, Millennial, OTLY, Top 50 Stocks, Volatility |
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.
December 1, 2021 | AMAT, ASML, Daily JAM, Short Term |
After yesterday’s selling, we’re getting a bounce today. But, significantly, the bounce in stocks is much less “bouncy” than the Monday bounce from Friday’s plunge.
November 30, 2021 | Daily JAM, DHR, Jubak Picks |
It’s hard today, November 30, to find any stock with the kind of momentum that I’m looking for in the last month of 2021. Apple (AAPL) looks like a good possibility, which is why I made it Pick #5 in this Special Report and why I added the shares to my Jubak Picks and Volatility portfolios. Danaher’s (DHR) momentum is less obviously–especially on a day like today when the stock has closed don 1.87% to $320.42. But take a step back.
