November 2, 2021 | Daily JAM, FCX, FQVLF, Jubak Picks, NJDCY, SCCO, Top 50 Stocks, Volatility, VWAPY |
When I started Special Report for how to Buy on the Dip, What to Buy on the Dip and When to Buy on the Dip I was only looking to have three strategies (and 10 picks). The more I look at the current market, the more complex it seems with more moving parts that could generate an Oh, No! moment for this stock or that stock. Which is why I’ve added a fourth strategy, one I’m calling “The China bomb” and four more picks to my Buy on the Dip Special Report.
October 20, 2021 | Daily JAM |
This dynamic–a company and its stock gets hammered by supply chain chaos but we know the supply chain problems will end one day and that the company will return to business as usual (and we like that “business as usual”)–doesn’t apply only to chip and chip equipment makers. You can find it throughout the global economy and one of the most attractive situations–for investors looking for an opportunity–is oat milk producer Oatly Group (OTLY).
October 18, 2021 | AMAT, AMD, AMSC, ASML, Daily JAM, EVGO, F, FCX, Jubak Picks, Mid Term, Millennial, NJDCY, NVDA, SEDG, Special Reports, TSLA, Volatility, VWAPY |
Yes, we want to buy on the dip. Whenever we get a significant dip. (And significant to me is 5% or more in the major indexes–and 10% or more in specific sectors.) But, we need new strategies for buying on the dip that take into account the market’s valuation problem, the central bank tightening that looks to be in the cards, and the real possibility of a dip in growth below forecasts in 2022. I’ve got fouir strategies to suggest for buying in this market on these dips. And 14 picks to use to execute those strategies.
October 11, 2021 | Daily JAM |
To these technicians it looks like we’re in a downward sloping channel on the S&P in the short term.
October 5, 2021 | Daily JAM |
As long as the buy-the-dip buyers come out in force after any dip, its unlikely that we’ll see anything worse than a 5% to 7% decline in October. Which is why data that points–maybe–to fatigue among the buy-the-dip crowd makes me a little worried.
September 21, 2021 | Daily JAM, Morning Briefing |
Retail investors sure tried. They bought $1.93 billion in stocks on Monday. But after a solidly higher open today, Tuesday, September 21, that saw the Standard & Poor’s 500 up 0.78% at 9:48 a.m., stocks drifted slowly lower for the rest of the day as a second day of buying on the dip failed to emerge.
September 20, 2021 | ALB, Daily JAM, Morning Briefing |
The Standard & Poor’s 500 fell another 1.70% today and it’s now down 3.94% from the September 2 high. As the index dropped last week (again) and over the weekend, lots of Wall Street money managers said Hey, stocks were over-valued and news from Beijing and Washington (and places in between) is negative, but if stocks drop 5% we will be buyers. It looks like might get to test that conviction sooner than anyone expected. Which way will things break on another decline?
July 20, 2021 | Daily JAM, Morning Briefing |
Today investors and traders ran to buy all the re-opening, post-vaccine recovery, cyclical stocks that they dumped yesterday. Macy’s (M) is up 4.29% as of 3:30 p.m. New York time after plunging 4.90% yesterday. Amusement park operator Cedar Fair (FUN) is up 4.12%. Cyclical Dupont (DD) is up 1.34% after closing down 4.46% yesterday. Carnival Cruise (CCL) is ahead 7.83% today after dropping 5.74% yesterday. It’s as if the market has decided that the really scary upward trend in new infections from the spread of the Delta variant is done with and over. Pandemic yesterday. No pandemic today.. The figures from the pandemic front say otherwise. The 14-day change in new cases as of July 19 is 198%. The 14-day change in new deaths is 44%.
June 20, 2021 | Daily JAM |
The question for Monday and for the week ahead is whether stocks will pull back further on the Fed news or whether the market’s propensity to bounce back well before a slight dip can turn into even a 5% pullback will reassert itself.
April 12, 2021 | Daily JAM, Dip-O-Meter, Mid Term, PYPL, RUN, TDOC, Volatility |
Looking at the recent performance numbers on the 20 stocks I’m tracking in my Dip-O-Meter as of the close on Friday April 9, I have to conclude that for most of these stocks it’s time to take a pause on any “buy on the dip” opportunities. What I’m seeing in this sample is a general weakening of the upward bounce on rally days from these stocks–and without a strong bounce on a good day there’s not much reason to buy on the dip.
April 7, 2021 | Daily JAM, Dip-O-Meter, Short Term, You Might Have Missed |
This buy on the dip moment is over–this week’s revision of my Dip-O-Meter argues to me. The discounts to the February highs are, in general, getting smaller. And in many cases the size of the bounce that I’m seeing on up days is decreasing too.
March 31, 2021 | Daily JAM, Morning Briefing |
The one certainty in the stock market right now, I’d say, is volatility. Both to the upside and to the downside. So I think we should take what the market is giving us. Using these three moves in the short term.
