Z-SYMBOLS
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 26, 2021 | Daily JAM, Dividend Income, KMI |
Like many oil-related stocks Kinder Morgan (KMI), the operator of 70,000 miles of natural gas pipelines, has moved up strongly during the recent rally in the price of oil. The stock, a member of my Dividend Portfolio since February 24, 2016, has gained 38.13% in 2021 to date as of the May 26 close. The stock has gained 26.67% in the last three months and 10.11% in the last month. The dividend, which produces a yield of 5.89% isn’t in danger. And I’m not selling because I’m worried about that potential. But growth at Kinder Morgan depends on the company’s ability to buy or build new pipeline capacity and earn a high rate of return on that investment.
May 25, 2021 | AMAT, Daily JAM, MGM, Mid Term, Morning Briefing, NXPI, Special Reports |
2021 will be a very different year from 2020. Or to be more exact the second half of 2021 and 2022 will be very different. We’re looking at going from a financial market where investors and traders believed the Federal Reserve was on their side with cash and more cash to push the prices of financial assets higher and then higher some more to a market where everyone is asking when will the Fed take th punch bowl away and shut down the party.Let me be clear. At this point it’s not the certainty that the Fed will reduce its $120 billion in monthly bond buying in this exact month or that, or the certainty that the Fed will start raising interest rates before the end of 2022, say, but rather the worry that those events are on the calendar, that they will change the trend in the market, and that no one can predict when the turn will materialize.FDR said “We have nothing to fear but fear itself.” To which the market right now says “Exactly.” Look at this “fear and worry calendar” that I’ve put together. And today I’ve got 3 picks and one hedge for this market
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 25, 2021 | Daily JAM, EQNR, Jubak Picks, Stock Alerts |
Oil prices have bounced back big time and with them the prices on oil stocks. I still think the long-term trend is against oil producers as efforts to combat global warming lead to lower consumption of fossil fuels. And I’d prefer not to own any oil and natural gas shares–even in as “progressive” a company as Equinor. I’m going to take advantage of the rally in oil prices to sell these shares out of my Jubak Picks Portfolio with a small 0.9% gain since I established that position in May 2012.
May 24, 2021 | Daily JAM, NVDA, Top 50 Stocks |
Nvidia’s (NVDA) board has declared a 4 for 1 stock split effective after the close on July 19. Assuming that share holders approve at the company’s June 3 annual meeting. (Gee, you think shareholders would vote against a split?) The stock is up 4.1% today, May 24, at the close. On first look, it seems that news of a split still boosts the price of a stock. But the Nvidia story is a bit more complicated than that.
May 21, 2021 | AMAT, Daily JAM, Jubak Picks, Stock Alerts, Top 50 Stocks |
The chip shortage that has hurt technology companies such as Apple (AAPL) and hammered auto producers continues to pay dividends to Applied Materials (AMAT), the dominant manufacturer of equipment used to make semiconductors. Yesterday, May 20, after the market close in New York, Applied Materials reported fiscal second-quarter adjusted earnings of $1.63 a share against 89 cents a share in the second quarter of the last fiscal year. Revenue rose to $5.58 billion from $3.96 billion in the second quarter of fiscal 2020.
May 21, 2021 | Daily JAM, Jubak Picks, Millennial, PANW |
Yesterday, May 20, after the market closed, Palo Alto Networks (PANW) reported third-quarter fiscal 2021 non-GAAP earnings of $1.38 per share. That beat the Wall Street consensus by almost 8%. Last earnings for the third quarter of the fiscal year were $1.17. Revenue gained 24% year over year to $1.07 billion. That was slightly above the Wall Street projection of $1.06 billion. After the earnings announcement the company raised guidance for the fiscal 2021 fourth quarter to project earnings per share of $1.42 to $.44 and year over year revenue growth of 23$ to 24% to $1.65 billion to $1.715 billion. For all of fiscal 2021 the company forecast adjusted earnings of $5.97 to $5.99 a share. That was up from an earlier projection of $5.80 to $5.90 a share.
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.
May 17, 2021 | Daily JAM, Dip-O-Meter, IFNNY, Jubak Picks, NVDA, NXPI, PYPL, RUN, SEDG, Top 50 Stocks |
Last week’s sell off and rally, which left the Standard & Poor’s 500 down 1.4% for the week, resulted in farther dips in many of the Dip-O-Meter stocks. The picture that emerges is much more complicated than simple advice to “Buy on this dip.”
May 17, 2021 | Daily JAM, DIS, Volatility |
Last night I said that I’d buy the Disney Call Options for July 16 at either the $170 or $175 strike price. On Friday, I noted that the spread between the two options seemed especially large at 38.4% and that I’d wait for Monday trading to give me more of a clue on which option to prefer. Today I’m going with the $170 July 16 Call Options (DIS210716C00170000) because with today’s drop to $170.01 they remain slightly in the money and I think they’re more likely to give me a significant gain during the life of the option.
May 16, 2021 | Daily JAM, DIS, Jubak Picks, Top 50 Stocks |
Shares of Disney (DIS) dropped like a stone when the company reported after the close on May 13 that subscriptions to its Disney+ streaming service fell short of Wall Street projections for the March quarter. The shares closed at $178.37 on May 13 before the report and then opened the next morning at $169.57. They recovered some ground during the day and closed at $173.70 on Friday, May 14, down another 2.60% on the day. I’ve been arguing recently and repeatedly that I think Disney is one of the best stocks to own for a post-vaccine recovery economy. Sure, the subscription gains for Disney+ are likely to slow now that we’re not all locked in our homes and going stir-crazy. But the company’s most profitable unit–the big entertainment parks have been just about shut down during the pandemic and the California parks just started to reopen at the very end of April. I see the drop on the March quarter results as a substantial buying opportunity.
