Bookkeeping: I added NVDA, MSFT, and Adobe to my Volatility Portfolio on March 24

Bookkeeping: I added NVDA, MSFT, and Adobe to my Volatility Portfolio on March 24

In Step #3 of my Special Report: 5 Moves for the Next 5 Months, on March 24 I added three Big Tech stocks–Microsoft (MSFT), Adobe (ADBE), and Nvidia (NVDA) to my Volatility Portfolio ahead of earnings season. My theory, explained in that post was that we were facing a tough earnings season for most stocks and that reliable earnings growth from Big Tech would make those stocks look like a safe haven in a period when the Standard & Poor’s 500 as a whole was projected to show a drop in earnings. (I also owned up to my mistake in selling Nvidia back on February 16. That was just wrong. More on why I was wrong and why I’ve changed my mind on that in a post tomorrow or so.)

Will Netflix earnings on Thursday shock the market?

Will Netflix earnings on Thursday shock the market?

Right now Wall Street analysts project that on Thursday, January 19, Netflix (NFLX) will report earnings of just 44 cents a share for the fourth quarter of 2022. That would be a huge drop from the $1.33 the company reported in the fourth quarter of 2021. If Netflix reports as expected, will the stock market shudder lower? After all, the Netflix results would be very similar to the negative reports from the big banks so far this earnings season. And it might foreshadow disappointing earnings from the technology companies that began reporting on January 24 with Microsoft (MSFT). Probably not. Although I think it should.

3 Retail Stocks Say Bah, Humbug to Christmas Sales

Disappointing holiday sales and margin pressures. Not a good combination for any stock. And today shares of Macy’s (M), down 6.39% as of 2 p.m. New York time; Lululemon (LULU, down 9.01%, and Chico’s FAS (CHS) down 9.41% are paying the price for disappointing Wall Street.

Please watch my new YouTube video: Earnings Not as Bad as They Could Be

Please watch my new YouTube video: Earnings Not as Bad as They Could Be

My one-hundred-and-sixty-second YouTube video “Earnings Not as Bad as They Could Be” went up today. Microsoft (MSFT) serves as my example. We’re seeing some companies that, despite very meager earnings growth, give investors the impression that things “are not as bad as they could be.” These stocks will see bumps after upcoming earnings reports. Is this a long-term trend? Is it enough to keep the Bear Market rally going? Not necessarily. But it supports stocks for now.

Good enough earnings from Coke and Pepsi, adding both to additional portfolios

Good enough earnings from Coke and Pepsi, adding both to additional portfolios

Neither company crushed Wall Street earnings expectations, but both reported good enough news in a very tough environment. I own PepsiCo in my long-term 50 Stocks Portfolio, where it was up 220.4% from my initial December 30, 2008 pick as of the close on April 26. I will add the stock to my 12-18 month Jubak Picks Portfolio tomorrow, April 27, with a target price of $190 a share. The stock pays a 2.47% dividend I own shares of Coca-Cola in my Jubak Picks Portfolio, where it was up 29.8% from my February 19, 2021 pick, and in my Dividend Portfolio, where it was up 41.75% from my May 1, 2020 pick. Tomorrow, April 27, I will add shares of Coca-Cola to my long-term 50 Stocks Portfolio. In addition I will raise the target price on Coca-Cola in my Jubak Picks Portfolio to $78 from the current $56 a share.

Buying Puts on Apple and Google ahead of tomorrow’s CPI and dicey earnings season

This week is last stand for growth stock earnings hopes

Going into this earnings season, the hope was that strong, surprisingly strong perhaps, earnings from the big growth stocks would put a stop to the selling. Earnings would be strong enough to convince investors that the market wasn’t over-valued since at these growth rates stocks would be seen to be quick growing into current extended valuations That hasn’t exactly worked so far. But this week the earnings story from growth stocks hits its stride. If the companies reporting this week can’t make the case for growth stock earnings, there probably isn’t a growth stock story to be made in the light of Federal Reserve interest rate increases, supply chain disruptions, and fears of a recession.

Will Netflix earnings on Thursday shock the market?

Netflix stuns with loss of 200,000 users in first quarter–what’s that mean for other consumer companies?

Shares of Netflix (NFLX), fell 25.73% today, April 19, in after-hours trading after the company announced first quarter earnings. (In regular trading the shares had gained 3.23%.) The stock was already down 42% for 2022 before today’s after-hours plunge. The bad news: In the first quarter of 2022 Netflix (NFLX) lost 200,000 subscribers. That was a bit short of the company’s guidance for the addition of 2.5 million subscribers for the quarter. And to put a cherry on top of the bad news in the company’s earnings report, Netflix forecast that it would lose another 2 million subscribers in the second quarter of 2022.