April 28, 2026 | CCJ, COST, Daily JAM, Jubak Picks, LNG, PAAS, Special Reports, WMT |
Could stocks move higher from here even though they’re more expensive than a year ago? Of course.
Could they gain another 29.8% in a year? It’s possible. But it strikes me as unlikely.
That sums up the current market puzzle very neatly, I think. Stocks are expensive and don’t seem to be pricing in potential very real risks. But stocks have returned almost 30% in the last year. And it’s very hard to walk away from the possibility of that kind of gain. Even if it is unlikely. What I’d suggest right now is a stock market strategy that takes into account both a solid appreciation of the excessive valuations in this market (along with a failure to price in risk), and the realities of investor psychology.
It is too difficult to go cold turkey on stocks right now and move 100% out of the market. On the other hand, you should be moving to reduce your exposure to the riskiest parts of the market–high multiple stocks–and raising your exposure to counter-cyclical or non-cyclical stocks. In this post, I’m going to give you 10 stock picks to use in executing that kind of strategy–a way to stay in the market and yet to reduce your risks.
January 22, 2026 | Daily JAM, Long Term |
In my opinion, 2025 WAS the year that nuclear fusion went from “If” to “Is it cost competitive?”
October 21, 2025 | CCJ, Daily JAM, Jubak Picks, Top 50 Stocks |
Third, the intense competition to lock up sources of decently priced and reliable electricity: Pick #6: Cameco
October 7, 2025 | Daily JAM, Mid Term, Morning Briefing |
This is Part 2 of my Special Report 3 Energy Crises. I’ve also attached into the end of Part 1 that I posted earlier
Crisis #2–When Things Get Really Nasty
To understand the second of my three energy crises, think about where the NOW! stage has left us: electricity demand is surging with growth rates nobody expected; electricity prices are climbing with stunning rapidity; because no one saw this coming, the United States faces a potential gap between supply and demand created by the length of time it takes to built a power plant of any sort. Of course, I can fantasize that industry and consumers and government regulators and political leaders are going to have civilized productive discussions that will result in long-term plans that will solve these problems in the most expeditious manner possible while distributing the pain fairly among competing consumers of electricity.
Do I think this situation will actually play out that way? Nope. No way. Not a chance. Instead what I see happening is a period of bitter confli
September 22, 2025 | Daily JAM, Dividend Income, KVUE, Morning Briefing, NKE |
Just so we’re all on the same page: I’ve made two more sells in my Special Report: “10 better dividend stocks for a dangerous market”
July 8, 2025 | Daily JAM, Special Reports |
Going forward, I’m not all that interested in investing in the “old” Magnificent Seven. But I am interested in investing in a new “enhanced” Magnificent Seven that builds on and increases the exposure of these stocks to the market’s AI enthusiasm.
January 23, 2025 | AMZN, AVGO, CRM, Daily JAM, GOOG, MRVL, NVDA, Special Reports, TSM |
In 2025 you will want your portfolio fully weighted toward AI, ENERGY, and WEIGHT-LOSS DRUG stocks.
Not just any stock in those sectors, of course. All three sectors will be full of surprises and they won’t play out the way the conventional wisdom now believes. Some stocks in these sectors will do just okay as a rising tide lifts all boats. But some stocks will be GREAT. These winners could be the foundation for another great year for your portfolio. In fact, I expect that 2025 will be a tough year for an investor to make money even if stocks do finish higher. That’s because the year will be filled with more than the usual twists and turns designed make you sell on fear just when you should be holding on or even buying more. And don’t think that the year won’t include more than one of those moments rallies designed to suck you in at the top because–well, because you fear missing out. Yes, FOMO, fear of missing out will be alive and well in 2025. To do well in 2025, you’ll have to not only pick the hot trends, but also understand when that trend is about to zig zag and which stocks you’ll want to ride through all the noise and chaos. Giving you what you need for profits in 2025vis what this Special Report: 10 stock picks for the hottest sectors of 2025 is all about.And there’s no better sector to demonstrate the challenges of 2025 than Artificial Intelligence, the first of my hottest sectors for 2025. (The next two hot trends, energy and weight-loss drugs will follow in the next few days.)
December 19, 2024 | Daily JAM, Morning Briefing |
It’s taken a while–what with the distraction of another potential government shut down. BUT IT’S ALL NOW AVAILABLE. You can find the complete version under the Special Reports tab.
December 15, 2024 | AAPL, Daily JAM, MCD, Special Reports |
What you need as an investor and what your portfolio needs is a road map to the likely events of the beginning of this new administration. And a take on what those events are likely to mean for the financial markets–and the prices of stocks and bonds. And recommendations on what moves to make to respond to the events of the first 100 days of a Trump Administration. Which is what this Special Report is all about. Here /i’ll give you an investor’s calendar to the first 100 days of Trump; a run-down of the likely effects on the financial markets of the events in the first 100 days; and recommendations for moves that you should make with your portfolio.
November 29, 2024 | BRK/B, Daily JAM, Jubak Picks, Stock Alerts |
Today I added Berkshire Hathaway (BRK-B) as Pick #9 in my Special Report “10 New Ideas for an Old Rally.” Here’s what I wrote in that Special Report.
November 26, 2024 | Daily JAM, Dividend Income, VZ |
Today I made Verizon the sixth pick in my Special Report “3 Strategies and 1O Picks for a Yield Drought.” Here’s what I wrote.
November 22, 2024 | Daily JAM, Morning Briefing |
Let’s start with the 4.54% yield. And then note that, if you hold a bill to maturity, it is essentially risk free. Compare that combination to gold which has a comparable degree of risk but pays a yield of 0%. Or to a 3-month CD where the average U.S. yield is 1.52% or to a 6-month CD where the average U.S. yield is 1.68%.
