April 25, 2022 | Daily JAM, MOO, Perfect Five-ETFs, XLP |
Back on April 11 when I “trimmed” my bank stock positions in my Jubak Picks Portfolio ( https://jubakam.com/trimming-bank-st…wfc-and-kbwb-etf/) by selling Wells Fargo (WFC) and the Invesco KBWB Bank ETF, I said I’d sell that ETF out of my Perfect 5 ETF Portfolio when I had a replacement ETF to offer. Today I’ve got a replacement to recommend and I’m selling the Invesco Bank ETF out of that portfolio. The replacement is the Consumer Staples Select Sector SPDR ETF (XLP).
April 11, 2022 | C, Daily JAM, Dividend Income, JPM, Jubak Picks, KBWB, Perfect Five-ETFs, USB, WFC |
Just want to make sure that no one missed the sell recommendations in yesterday’s Saturday Night Quarterback post. Big banks will kick off another earnings season beginning with JPMorgan Chase (JPM) on Wednesday, April 13. Citigroup (C) and Wells Fargo (WFC) follow on April 14. Bank of America (BAC) reports on April 18. Bank earnings forecasts present a complicated picture for the quarter–which is only appropriate since that’s true of Standard & Poor’s 500 earnings forecasts as a whole.
April 5, 2022 | AMD, C, Daily JAM, KBWB, Long Term, NVDA, Special Reports, WFC |
I think these financial market curves will let you map out the longer stories of Federal Reserve interest rate increases and a potential recession–and then chart the shorter stories of war in the Ukraine, global oil and natural gas crunches, summer Pandemic relief, global food crisis, computer chip shortages (and whatever else you think might be important) under those longer curves. That will let you decide when to buy and sell (and what) in order to profit from short-term stories while preparing your portfolio for the longer arcs.
November 23, 2021 | Daily JAM, KBWB, Perfect Five-ETFs |
Today on the market’s recalculation of the Federal Reserve’s schedule for interest rate increases–initial hike in June instead of September and two increases 2022 instead of one–I’m adding my allocation to the Invesco KBWB Bank ETF (KBWB) in my Perfect 5 ETF Portfolio to 30% from the prior 20%.
June 29, 2021 | C, Daily JAM, KBWB, Morning Briefing, USB |
That didn’t take long. On Thursday the Federal Reserve reported that all 23 big banks tested in its annual stress test, passed. Which means that the last remaining restrictions on dividend increases and share buybacks are now history. Yesterday big banks started to announce dividend increases
March 30, 2021 | Daily JAM, Morning Briefing |
You can judge the stock market’s mood pretty accurately today, Tuesday, March 30, from just a few price movements. Take a look at the performance of bank stocks, the small cap Russell 2000, the CBOE VIX “fear index,” and technology stocks to see where we’re likely to be headed for the rest of this week.
March 25, 2021 | C, Daily JAM, Dividend Income, KBWB, Perfect Five-ETFs, USB |
U.S. banks that pass their next stress tests will be allowed to raise their dividends after June 30, the Federal Reserve said today, March 25. The Fed will also lift any remaining restrictions on stock buybacks.
March 4, 2021 | Daily JAM, Jubak Picks, Perfect Five-ETFs |
Yesterday in my YouTube video and in my latest addition to my Special Report: “Profit and Protect” I added the U.S. Copper Fund ETF (CPER) and the Invesco KBW Bank ETF (KBWB) to my Perfect Five ETF Portfolio. In that portfolio they will replace the SPDR Gold Trust ETF (GLD) and the Vanguard Intermediate Term Treasury Bond ETF (VGIT), respectively. The two new ETFs will keep the portfolio weighting of the out-going ETFs at 25% and 20%, respectively. You can find more about the logic of these hedges and about the specifics of these ETFs in my video and in my Special Report update. Tomorrow I’ll also be adding the Invesco KBW Bank ETF to my Jubak Picks Portfolio.
March 3, 2021 | Daily JAM, Dividend Income |
Hedges that can pay off on the downside and the upside are the most useful and most valuable. They also tend to be relatively rare. There aren’t a lot of these bets floating around in most markets just waiting for you to snap them up. However, I have found two hedges of just this sort in today’s market that I’m going to recommend to you today. (In this post I’m going to give you some of the nitty gritty numbers that support my recommendation for these two hedges. If you want to see some charts for copper and gold, banks and bonds check out the video I posted today.) I’m going to add these new recommendations to my standing Special Reports post tomorrow.
March 3, 2021 | Daily JAM, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The thirteenth YouTube video “2 Hedges for All Your Market Worries” went up today.
February 17, 2021 | Daily JAM, Mid Term, Special Reports, You Might Have Missed |
2021 is shaping up as an especially challenging year for investors. Much, much more challenging than 2020. I don’t think we can count on this rally running uninterrupted through the year. That would be simple, wouldn’t it? We’d all know how to profit from that scenario. And I don’t think the market is about to drop off a cliff from its current record highs. That would be traumatic. But, still, we do know how to protect a portfolio in that scenario. And even how to profit from a prolonged plunge–if we can bring ourselves to place those short and Put Options bets. Instead 2021 is likely to be one of those years with a Rally Stage and then a correction (or “something”) to be followed by a last quarter of 2021 that is, at this moment, close to completely unpredictable. That would make 2021 one of those years that gives investors a chance to be wrong several times over, to botch timing on the upside and the downside, and to let emotions power some really bad investment moves. I don’t pretend that I’ve got this year’s market stages down perfectly–although I think the outlines for the first two stages for 2021 are pretty clear. I don’t imagine that I’ve got the timing for navigating these stages clocked perfectly–although I do think I understand “generally” when the market is likely to switch gears. And that lets me lay out for you a likely pattern for 2021 and to suggest stocks and ETFs to use to navigate this year. Part of the point in getting as specific as I can at this point isn’t that I expect that I’ve got everything right, but to lay out concrete markers that will let you and me adjust portfolios as the year progresses. I’m dividing this Special Report into three parts.
July 12, 2018 | Daily JAM, KBWB, Perfect Five-ETFs, Stock Alerts, Volatility |
As I outlined in my recent special report "Five Places to Hide from a Downturn--and Still Make Some Money" on my JubakAssetManagemnt.com site, Â I think worry over the added downside potential for stocks created by everything from the tariff war, to higher interest...
