Watch my new YouTube video: 3 Picks for a Market That’s Grinding Higher
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My sixty-first YouTube video “3 Picks for a Market That’s Grinding Higher” went up today.
Dip-O-Meter update for April 9–time to give “buy on the dip” a rest for a few weeks
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.
My revised Dip-O-Meter as of April 1–to me it looks like this buy on the dip moment is over (but wait for next time)
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.
Take what the market is giving you: Three short-term moves for short-and mid-term gains
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.
Dip-O-Meter update for March 29–taking a very modest bite of buy on the dip with three picks
I’ve scrubbed through the 20 stocks in the Dip-O-Meter, with updated numbers as of the close on Friday, March 26, looking for the best three buy on the dip trades. (Why only three? Because I think the same volatility that has created these profit opportunities makes it hard to be certain of a trend and I don’t want to bet the farm with the current degree of uncertainty. My choices for trades that I’ll put on tomorrow in my Volatility Portfolio are SunRun (RUN), Teladoc (TDOC), and PayPal (PYPL). These are all going into my Volatility Portfolio
Rotation turns to general selling
What looked like one of the rotation markets we’ve seen recently with selling of technology shares and buying of cyclicals and post-vaccine recovery stocks turned into a market-wide sell off by the close.
Saturday Night Quarterback says, For the week ahead, don’t be surprised if…
Some of the money from those $1400 coronavirus relief/stimulus checks is likely to wind up in the stock market. And give a new boost to some of the market’s most speculative stocks.
10-year Treasury yields surge again–touch near 1.50% briefly
At 3:30 p.m. New York time today, March 3, the yield on the 10-year Treasury was 1.47%. That’s up from yesterday’s 1.42%. So much for any thoughts that yesterday’s rally in bonds and drop in yields might be the beginning of a larger move.
Stocks continue to sell off as market sees coronavirus lockdown fears coming true
The Standard & Poor's 500 closed down 1.21% today and the Dow Jones Industrial Average dropped 0.59%. The NASDAQ Composite was lower by 2.45% and the NASDAQ 100 fell 2.54%. The Russell 2000 small cap index tumbled by 1.96%. The rising tide of new coronavirus...
Special Report: Your Investing Guide for the Next Six Dangerous Stock Market Months (Complete with 14 picks)
Yikes. Does this market have enough volatility for you? And I think that volatility will only get worse over the next two to six months, I can't remember a market with so much potential to move up or down in big relatively short-term volatility as this one. Just as...Download Jim’s eBook for Free
