Dip-O-Meter Posts
Restocking the Dip-O-Meter with 14 technology stocks (so far)
The recent drop in the prices of technology shares--the Technology Select Sector SPDR (XLK) was down 1.86% today, November 10, after retreating 0.72% yesterday, November 9, certainly draws the eye of any investor or trader looking for potential bargains. We're not at...
Patterns and positioning after today’s weakness in stocks
I think anyone who tells you they "know" where stocks are going next week is either smoking something (and I'd like some, please) or is looking to sell you something. In the last two weeks we've seen a market that was totally willing to look past all the evidence that...
Buy-on-the-dip Dip-O-Meter update for April 27
Still waiting for a second bottom before going hog wild on buy-on-the-dip buying. Some interesting prices here, certainly, for Middleby (MIDD), HBFC (HDB), Westpac Bank (WBK), and Infineon (IFNNY0, but I'm still convinced that we'll see another dip in...
Buying Meituan Dianping in my Volatility Portfolio on Monday
I'm buying Meituan Dianping (MPNGF) on prospects for a China rally and on a gradual return of consumer confidence in China. The company, backed by Tencent Holdings (TCEHY), said that its food delivery business began to recover in March, when shuttered restaurants...
5 MORE smart, short-term moves while we wait for longer-term trends to resolve
In my recent post "What do you do when the market is insane and you're not?" I argued that one of the dangers in a very volatile market with strong--and temporarily profitable--short-term trends is that we'll give in to the pressure to do something--and do something...
Special Report Part 2: Calls to “re-open the economy” increase–what’s my investing strategy for that?
President Donald Trump has made it clear that his preference is to re-open the economy by May 1. Administration officials including economic advisors Larry Kudlow and Peter Navarro, and Attorney General William Barr have taken to repeating the mantra "The cure can't...
Special Report: Do you have a strategy for the really dangerous stage in this bear? Let me tell you mine–Part 1: The ups and downs of the Bear over the next 6-10 months; Part 2: The re-opening rally; Part 3: Is the re-opening rally over already?
Part 1: The ups and downs of the Bear In digging into the historical record of Bear Markets--again--I've come to the conclusion that what you can say about a bear market with any hope of a degree of accuracy very much depends on your time scale. In the longest time...
Removing Luckin Coffee from my list of Buy on the Dip future opportunities on 75% loss today
This morning the board of Luckin Coffee (LK), the fastest growing coffee brand in the world, announced that it had told the U.S. Securities & Exchange Commission that it had initiated an internal investigation into the possibility that former COO, Jian Liu had...
Good news out of Palo Alto Networks doesn’t count for much in a bear market–but enough to earn a neutral from me
The problem isn't that there's no good news out of individual companies. It's just that good news on specific stocks doesn't count for much in a bear market when everything moves together in a single direction--most usually down. Take Palo Alto Networks (PANW), a...
Market climbs on 6.65 million new claims for unemployment? Buying Starbucks Puts
Okay, I simply don't understand how the government could report 6.65 million new claims for unemployment in the week ended March 28--up from 3.31 million (revised) the week before--and stocks climb. As of 11:15 a.m. New York time the Standard & Poor's 500 was up...
Using my Dip-O-Meter to predict how individual stocks will behave in this bear market
On many days right now the market seems manipulated by big computer trades. The major indexes are stopping and starting on dimes that correspond closely to technical levels in the market--such as the 20-day moving average. I think that's because algorithms designed to...
Correction on yesterday’s Dip-O-Meter
I woke up at about 4 a.m. last night with the realization that I'd included data on the December 2019 lows for these stock when I meant to post the much more informative December 2018 lows. I have now posted the correct numbers in yesterday's table. And I'm going to...
The newest Dip-O-Meter: March 30 version
I did my numbers for this newest revision of the Dip-O-Meter on Sunday night so they don't reflect any of today's bounce. Nothing I'm seeing, however, convinces me that this is anything but a bounce in a bear market. For this iteration, I've added four more stocks,...
Selling Nvidia today out of Jubak Picks Portfolio on belief that the downturn isn’t done
I'm taking advantage of the "Hope the White House has a plan" rally today to sell Nvidia (NVDA) out of my Jubak Picks Portfolio. Nvidia shares are up 3.05% as of 2:35 p.m. today, March 10, for a gain of $7.44 a share to $252.92. The shares are up 25.05% since my pick...
A new Dip-O-Meter: Tracking more stocks and more buy-on-the-dip analysis
I'm getting this in on Sunday night before Monday shifts all the prices and analysis for my Dip-O-Meter again. For this iteration, I've expanded the number of stocks I'm tracking to see when/if this insane market might give us a buy on the dip opportunity to 25. The...
Dip-O-Meter Posts
