January 11, 2021 @ 7:41 pm | Breaking News |
At the close today, January 11, the Standard & Poor’s 500 was off 0.66%. The Dow Jones industrial Average was lower by 0.29%. The NASDAQ Composite had fallen 1.255 and the NASDAQ 100 had dropped 1.55%. The small cap Russell 2000 was down just 0.03%. The...
December 28, 2020 @ 7:40 pm | Breaking News |
With President Donald Trump signing the coronavirus stimulus/relief and fiscal 2021 government spending bill, financial markets can go back to their favorite holiday week activity–using the opportunity afforded by shrunken volumes to push up stocks. As of the...
December 17, 2020 @ 6:15 pm | Breaking News, Buy Hold Sell |
Democratic and Republican attorney’s general from 38 states, led by Colorado and Nebraska, have filed an antitrust lawsuit against Google (GOOG). The suit alleges that Alphabet manipulates its search results to give its own products and services greater rankings...
September 11, 2020 @ 7:13 pm | Breaking News |
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...
September 4, 2020 @ 7:09 pm | Breaking News |
The Standard & Poor’s 500 almost got to break-even late in the day today (at 3:28 p.m. New York time) but stocks couldn’t hold the line. Still the 0.81% loss at the close for the index as much better than the 2.99% loss at 10:45 this morning. That was...
August 26, 2020 @ 7:44 pm | Breaking News |
On Monday the Standard & Poor’s 500 and the NASDAQ Composite hit new all-time highs on what I’m calling the Vaccine Put, the hope that we’ll see the announcement of an approved coronavirus vaccine by early in 2021 or maybe even the end of 2020...
August 24, 2020 @ 7:54 pm | Breaking News |
Forget about a “V-shaped” recovery or a “W-shaped” bounce-pullback-move up again recovery. The talk on Wall Street is now about a “K-shaped” recovery where a handful of companies and their shares sooar ahead but where the average...
July 8, 2020 @ 7:52 pm | Breaking News |
Today what I’m calling “re-opening dependent” stock fell again. At least in the early going. Toward the end of session–like yesterday–these stocks and stocks in general rallied. Which in and of itself tells us something important about...
February 25, 2020 @ 7:55 pm | Breaking News, Volatility, You May Have Missed |
The last two days of a plunging stock market on fears that the outbreak of coronavirus will last longer and spread farther than previously imagined have taken a huge chunk out of some momentum stocks. Just today shares of Nvidia (NVDA) fell another 4.11%, Twilio...
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...
May 20, 2019 @ 7:29 pm | Breaking News, GOOG, QCOM |
Call it a secondary effect of the U.S.-China trade war but it’s still clearly taking a bite out of the shares of U.S. chip makers today. Last week the Trump administration added sanctions on China’s Huawei Technologies that would prevent the company from buying U.S....
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...
July 24, 2018 @ 7:07 pm | Buy, Volatility, You May Have Missed |
The major indexes were up today on Alphabet’s (GOOG) huge quarter, reported yesterday. The Standard & Poor’s 500 stock index closed ahead 0.48% and the Dow Jones Industrial Average was up 0.79% at the close. Alphabet itself finished the day with a...
April 25, 2018 @ 11:40 am | Breaking News, GOOG, Update, Volatility, You May Have Missed |
Some times in the financial markets, the numbers aren’t as important as the narrative. I think that was the case with Alphabet (GOOG), Tuesday, April 24. Monday after the market close Alphabet reported first quarter earnings of $9.93. That was a healthy 64 cents...
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. Â Alphabet (GOOG) beats by $1.17 a share on earnings. Revenue climbed 23.7% yer over year to...
July 24, 2017 @ 11:32 pm | Breaking News, GOOG, Jubak Top 50 Portfolio, Update, You May Have Missed |
Alphabet (GOOG) dropped 3.1% in after hours trading in spite of reporting earnings of $5.01 a share, well ahead of the $4.49 expected by Wall Street. Revenue of $26.01 billion, up 21% from the second quarter of 2016, also beat the Wall Street consensus of $25.6...
July 21, 2017 @ 6:08 pm | Breaking News |
In my Saturday Night Quarterback post last weekend on my subscription site JubakAm.com, I said that I was looking for Microsoft’s (MSFT) earnings, reported after the close yesterday, July 20, for clues on how the U.S. stock market would react to earnings reports...
December 1, 2016 @ 8:02 pm | Breaking News, Volatility |
After yesterday’s surprise agreement to cut production from OPEC, oil prices have continued to climb–West Texas Intermediate was up 3.07% to $50.96 as of 3:15 p.m. New York time this afternoon–but oil stocks have stalled with such leaders from...
November 8, 2016 @ 5:56 pm | AAPL, Buy, Jubak Top 50 Portfolio, Recent Buys |
Today, I’m going to tell you why Apple’s (AAPL) iPhone 7 is way ahead in the race to build the next new device, the one that comes after the smartphone as it now exists. I think that leading position means you should add Apple stock to your long-term...
October 27, 2016 @ 3:07 pm | Breaking News, Jubak Top 50 Portfolio, Volatility |
Earnings reports from Amazon (AMZN) and Alphabet (GOOG) after the close today. Earnings from ExxonMobil(XOM) before the open tomorrow. The advance report on third quarter U.S. GDP at 8:30 a.m. New York time tomorrow. Yep, the financial markets in New York are going to...
October 17, 2016 @ 7:58 pm | Breaking News, Leading Indicators, Volatility |
Netflix reported third quarter earnings of 12 cents a share, beating the Wall Street consensus by 7 cents a share. Revenue climbed 31.7% to meet Wall Street expectations. And the company raised guidance for the fourth quarter of earnings of 13 cents a share versus the...
July 15, 2016 @ 7:31 pm | Breaking News, Leading Indicators, You May Have Missed |
Investors start to see second quarter reports on revenue and earnings from Internet search, streaming, and social media companies next week when on Monday, July 18, both Yahoo (YHOO) and Netflix (NFLX) report. Amazon (AMZN) follows on July 21. And then in the...
July 13, 2016 @ 7:49 pm | AAPL, Breaking News, Leading Indicators |
Not terribly surprising that U.S. stocks are meandering in slightly negative territory today after busting out to new all-time highs. (The Standard & Poor’s 500 stock index was off 0.09% at the close in New York.) We’re about to head into the meat of...
July 15, 2010 @ 6:41 pm | Leading Indicators |
Good news for the economy. Just okay news for Google (GOOG) After the market close on July 15 Google reported second quarter earnings of $6.45 a share. That was worse than the $6.52 Wall Street analysts had projected. The stock dropped 4.2% or $20.62 in after hours...
October 16, 2009 @ 1:11 pm | Breaking News, Leading Indicators |
Google’s (GOOG) good earnings news is an indicator of something, but just what? On October 15, after the market close,  Google reported earnings of $5.89 a share, 47 cents a share above the consensus estimate of $5.42. Revenue, after traffic acquisition costs,...
August 6, 2009 @ 5:16 pm | AAPL, Breaking News |
Ladies and gentlemen. In this corner, wearing the Macintosh red trunks, Apple (AAPL) and its partner China Unicom(CHU) In the other corner, wearing the Chrome trunks, Google (GOOG) and its partner China Mobile (CHL). That’s the lineup that’s about to cross...
August 4, 2009 @ 8:30 am | AAPL, Breaking News |
Not a bad’s day work for any company. You could have once described Apple (AAPL) as a niche company that produced cool products for a tiny sliver of the market. No more. On Monday, August 3, Apple demonstrated that although it may not have the market share of a...