Just remember that tomorrow is triple options expiration date
Weekly options, monthly options, quarterly options, and even futures contracts all expire tomorrow.
Selling Marvell Technology Group out of Jubak’s Picks tomorrow
Today, March 15, shares of Marvell Technology Group (MRVL) closed at $48.08, slightly above my target price of $48 a share. In this very volatile market for technology stocks, I’m going to take my almost 20% profit (19.90% to be exact) and sell these shares out of my Jubak Picks Portfolio tomorrow, March 16. The profit came in less than two weeks from my March 6 buy.
Watch my new YouTube video: 3 Picks for Continued Volatility
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The fourteenth YouTube video “3 Picks for Continued Volatility” went up today.
Sorry, the volatility isn’t over because the climb in Treasury yields isn’t over
In the last few days the yield on the 10-year Treasury note has tumbled from 1.6% on Monday, March 8, to 1.54% on Tuesday to 1.52% today. That’s brought a breather selling that had, by Monday, pushed the NASDAQ Composite index into a correction of around 11% from its February 12 high. Yesterday and today, the market is as relatively calm place. Cyclicals, vaccine recovery stocks, and “value” stocks are outpacing the technology sector and the BIG tech stocks like Apple (AAPL) and Amazon (AMZN) that had paced the move up to the February 12 high aren’t showing up on the leader board. But still–the Dow Jones Industrial Average may be outpacing the NASDAQ Composite today (up 1.57% to 0.31%) but both indexes are in the black. But don’t relax quite yet. I expect volatility will return.
Look ahead to a volatile 9 months: Time to chew gum, walk, rub your belly, and pat your head at the same time
As of today, November 3 at 12:30 p.m., I don't know who will win the Presidential election. I don't know if the rally in the stock market today, with the Standard & Poor's 500 up 2.02% at 12:30 p.m. New York time, is a vote for some specific outcome, or (more...
Passive investing strategies look like they raise risk of big but infrequent spikes in volatility
Readers of JubakAM.Com in comments to a number of my posts recently have been kicking around the question of whether the huge increase in passive investing strategies has changed volatility in the stock market. Passive investment strategies such as indexing now make...
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...
Stocks rally today–but I’d feel better if volume was higher and the same old big techs weren’t leading the day
Today looks like a strong rally but I've got my doubts. At the close the Standard & Poor's 500 was up 1.60%. The Dow Jones Industrial Average was ahead 1.34%. The technology laden NASDAQ Composite was higher by 2.26%. The NASDAQ 100, dominated by the technology...
Small move in S&P 500 disguises continued turmoil in big technology shares
Three stocks in the Standard & Poor's 500 were up for every two that were down as the index turned in a day with very little movement--a gain of 0.05% at the close on September 11. The Dow Jones Industrial Average was ahead a bit more at 0.48% That lack of...
Short-term leveraged options bets still unwinding this morning taking indexes down further
At noon New York time today the Standard & Poor's 500 was down 1.92% and the Dow Jones Industrial Average was off 1.63%. The NASDAQ Composite was lower by 2.65%. Despite solid gains in the August jobs report this morning that matched Wall Street expectations. But...
Trick or Trend: Signs of nerves but nobody wants to leave the party?
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. Something...
