April 1, 2021 @ 7:34 pm | AMAT, AMZN, ASML, Breaking News, FCX, FQVLF, GOOG, Jubak Picks Portfolio, Jubak Top 50 Portfolio, SCCO |
With the financial markets closed tomorrow for Good Friday, traders and investors jumped in to buy today ahead of what is expected to be a jobs report tomorrow morning showing unemployment dropping to 6.0% (by the official measure) from 6.2% in February. The Standard...
October 1, 2020 @ 7:41 pm | AMZN, Breaking News, IFNNY, MSFT |
The economic news today was at best “not terrible.” Initial claims for unemployment for the week showed a job market recovery that has stalled. Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi adjourned their talks for another day without...
July 20, 2020 @ 7:02 pm | AMZN, Breaking News, Jubak Top 50 Portfolio |
This morning shares of Amazon (AMZN) burst higher out of the box, gaining 5.98% as of noon New York time. The catalyst, it appears, was a new target price from Goldman Sachs of $3800 a share, up from the previous target of $3000. The shares had closed at $2961.97 on...
July 7, 2020 @ 7:34 pm | AMZN, Breaking News, WMT |
Walmart (WMT) will launch a new subscription service, Walmart+ later this month according to Recode.com. For $98 a year, a price comparable to Amazon Prime, subscribers will get same-day delivery of groceries and general merchandise, discounts on fuel at Walmart gas...
December 26, 2019 @ 6:32 pm | AMZN, Breaking News |
Amazon (AMZN) reported today, December 26, that the holiday shopping season broke records for the company this year. Among other high-lights five million new customers started Prime free trials or paid memberships globally, and the number of items delivered with...
October 24, 2019 @ 7:31 pm | AMZN, Breaking News, Jubak Top 50 Portfolio |
You know what an “Amazon quarter” feels like right? Lots of revenue growth but no earnings as capital spending eats profits? Well, that’s sort of what the company delivered today. But not quite. And the not quite is important. Usually an Amazon...
October 21, 2019 @ 6:56 pm | AMZN, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MSFT |
This week brings an earnings “showdown” between Microsoft (MSFT) and Amazon (AMZN) in the cloud space as the two companies report earnings only a day apart (on Wednesday October 23 for Microsoft and Thursday October 24 for Amazon.) Microsoft’s cloud...
July 23, 2019 @ 6:59 pm | AAPL, AMZN, Breaking News, FB, GOOG |
According to the Wall Street Journal this afternoon, the Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition. “The new antitrust inquiry is the strongest signal yet of Attorney General...
April 26, 2019 @ 7:54 pm | AMZN, Breaking News, Jubak Top 50 Portfolio |
Great first quarter for Amazon (AMZN.) On Thursday, April 25, Amazon reported earnings of $7.09 a share, $2.43 a share better than Wall Street expected. The company’s cloud unit, AWS, reported a 42% increase in revenue, 59% jump in operating income and a surge...
February 6, 2019 @ 7:31 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Volatility |
Nothing wrong with 20% year over year revenue growth–unless, of course, you’re Amazon (AMZN). On Thursday, January 31, the company reported that revenue growth in the fourth quarter–the strongest retail quarter of the year–had at 20% come in at...
October 25, 2018 @ 6:19 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Volatility |
Shares of Amazon (AMZN) climbed 7.09%, 117.97 points, in the regular session today on hopes for a good earnings report after the market close. The company delivered an earnings beat for the current quarter, reporting earnings of $5.75 a share, $2.66 better than the...
July 26, 2018 @ 7:46 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Update, Volatility |
A day after Facebook (FB) told Wall Street analysts to expect slower growth for the rest of 2018 (and saw its stock plunge 18.96%) Amazon (AMZN) beat Wall Street earnings projections by a massive $2.58 a share, reporting earnings for the second quarter of $5.07 versus...
May 14, 2018 @ 7:14 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Update |
OK, so even remembering that announcing a new technology product isn’t the same as actually putting a working product into the market (as Microsoft (MSFT) and Intel (INTC) have proved over the years), but this announcement from Amazon (AMZN) is still a very big...
April 26, 2018 @ 7:47 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, You May Have Missed |
Amazon (AMZN), Intel (INTC), and Microsoft (MSFT) all reported earnings after the close today. All three beat earnings estimates–but this market hasn’t been very generous in rewarding earnings surprises (after Netflix (NFLX)) that is. The key tests here...
April 2, 2018 @ 7:26 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Update, You May Have Missed |
Another day’s worth of tweets by President Donald Trump attacking Amazon (AMZN) and another day of losses for the stock. At 3 p.m. Monday New York time Amazon shares were down another 5.21% (in the midst of a meltdown in the technology sector, I’d note, so...
March 28, 2018 @ 7:27 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Volatility |
Well, why not? Shares of Amazon (AMZN) were down as much as 7.4% after Axios reported that President Donald Trump is “obsessed” with regulating the company and has discussed changing the way the company collects (or doesn’t) sales tax. The stock...
December 18, 2017 @ 6:35 pm | AMZN, Breaking News, Jubak Top 50 Portfolio |
I think 2018 will be the year that Amazon (AMZN) finally starts motoring on all cylinders. Not that the stock has done all that badly in 2017–up 56.5% year-to-date as of December 15–on its dominance of the e-commerce economy and it’s leading position...
October 26, 2017 @ 5:20 pm | AMZN, Breaking News, GOOG, Jubak Top 50 Portfolio, Update |
Just the bare facts. And on the bare facts of earnings from Alphabet, Amazon, Microsoft, and Intel it’s hard to see the market doing anything but climbing tomorrow. Alphabet (GOOG) beats by $1.17 a share on earnings. Revenue climbed 23.7% yer over year to...
July 31, 2017 @ 6:26 pm | AMZN, Breaking News, FB, Jubak Top 50 Portfolio, Volatility, You May Have Missed |
Let’s try to put together a few events from last week into a coherent (or, if that’s too much to hope, at least a semi-coherent) explanation for where the equity market stands now. What events, you ask? How about Friday’s report on second quarter GDP...
December 21, 2010 @ 8:30 am | AMZN, Leading Indicators, SYT, You May Have Missed |
2011 is shaping up to be a volatile year. The euro debt crisis threatens to expand to include Spain—before Greece and Ireland have moved out of danger. The U.S. economy seems to be on a path of moderate growth but the end of spending from the 2009 stimulus package in...
November 30, 2010 @ 8:30 am | AMZN, Leading Indicators, You May Have Missed |
When you’re being chased by a bear, you don’t have to run faster than the bear; you just have to run faster than the other guy. Good advice when you’re camping in bear country. Good advice, too, when you’re thinking about how to allocate your money in the current very...
June 14, 2010 @ 7:37 pm | AMZN, Leading Indicators, You May Have Missed |
Psst! Mister. You wanna buy some cloud? Cloud computing that is. It is the wave of the future in the delivery of everything from computer software to media products to computer services. Market researcher The 451 Group estimates that revenue for infrastructure as a...
May 7, 2010 @ 8:30 am | AAPL, AMZN, Breaking News, Leading Indicators, You May Have Missed |
It’s war. Full out war. Savage your former allies war. To the victor go the spoils war. To the death war. It’s Google (GOOG) against Hewlett Packard (HPQ) against Microsoft (MSFT) against Dell (DELL) against Lenovo (LNYGY) against HTC against Amazon.Com (AMZN)—and, of...
April 19, 2010 @ 5:08 pm | AMZN, Leading Indicators |
The Great Recession created quite a backlog in the technology sector. The average corporate notebook computer is now four years old, according to Needham & Co., and the average corporate desktop is five years old. That catch-up market is huge. One reason I own...
December 18, 2009 @ 2:22 pm | AMZN, Leading Indicators |
Nothing like a market where volume is drying up as it usually does at the end of the year—which makes it easier for traders to move stocks on news and rumors. Especially when the world is so busy supplying lots of potentially market-moving headlines. It’s a potent...
October 20, 2009 @ 8:30 am | AMZN, Breaking News, Leading Indicators |
Elisabeth Kubler-Ross laid out the five stages of grief in her 1969 book On Death and Dying. There’s denial, anger, bargaining, depression, and finally acceptance. The financial markets when confronting a strong trend work through their own five stages. Not of grief....
October 9, 2009 @ 6:13 pm | AMZN, Leading Indicators, Stuff Jim Recommends |
Happy Europeans discover the New World even though none of the people who lived there then knew that they needed finding Day. I don’t mean to disparage Columbus. As a history such as Hugh Thomas’ Rivers of Gold: The Rise of the Spanish Empire from Columbus to Magellan...
September 25, 2009 @ 8:30 am | AMZN, Breaking News, Leading Indicators |
Sometimes the shortest distance to portfolio disaster is a straight line between two points. This, I believe, is one of those times. If I’ve been clear about nothing else in the last few weeks, I hope I’ve been clear on how impossible it is to find a reliable,...
August 28, 2009 @ 1:35 pm | AMZN, Leading Indicators |
So who’s right about China’s stock markets? Domestic Chinese investors, who follow government pronouncements on bank lending as if they’re portfolios depended on it, have led selling that has taken the Shanghai Stock market down 16% in August. Wall Street money...
July 23, 2009 @ 7:11 pm | AMZN, Leading Indicators |
Thank God it’s Friday. After moving up so strongly–aother 4% gain on the Standard & Poor’s 500 stock index from Monday to Thursday–the stock market is almost certain to retreat tomorrow. But because it’s a Friday–and the market...