Yesterday’s tech stock rally evaporates this morning
Yesterday’s rally in technology stocks and the NASDAQ Composite has disappeared this morning. At 12:30 New York time the NASDAQ was off 1.6%; the Technology Sector Select SPDR (XLK) was down 1.72%; and individual technology stocks were also in the red. Amazon...
Familiar downside pattern for technology stocks and NASDAQ–is worry spreading to the wider market?
Once again the technology sector moved up, very modestly, in morning trading and then fell into the close. The Technology Select Sector SPDR Fund (XLK) saw its high for the dy around 11 a.m. New York time and then dropped into the close at $55.08, a loss of 1.64% for...
Tech stocks down again but not a replay of Friday rout
Set off, or certainly encouraged, by a downgrade of Apple (AAPL) to neutral from buy at Mizuho Securities, tech stocks continued Friday’s retreat. But the speed of the drop has been much more measured during the first half of the trading day in New York. The...
Celebrate 20 years of Jubak Picks and use your 30-days of free access to my $199 paid JubakAM.com site to read my take on tomorrow’s market volatility
Usually I’d be teasing my post on my paid JubakAM.site here and telling you to subscribe if you want to read all of what I think tomorrow will bring after today’s extraordinary volatility. The Dow Industrials fell 372 points and the VIX volatility index...
Markets rediscover risk–for a day anyway
This morning it looks like the combination of turmoil in Washington and some weak economic data have led traders and investors to take money out of risk assets and put money into safe havens. As of 11:40 a.m. New York time, the Standard & Poor’s 500 was off...
Here’s what I’ve been writing about on my paid sites: Facebook options and new life in volatility
Here’s what I’ve been writing about lately on my two paid sites JugglingWithKnives.com and JubakAM.com. I’ve been watching the long LEAPS options on Facebook (FB) since back in January. On March 30 I finally added the January 18, 2018 calls with a...
Here’s what I’ve been writing about on my paid sites: Reading oil prices from the futures market and a (possible) return of volatility and the VIX
Let me share two inside baseball investing posts that I put up today on my paid sites. Yes, that’s sites. Plural. I’ve been busy building a second site, JugglingWithKnives.com, that parallels the focus of my book Juggling With Knives on volatility. If you...
Light volumes make it hard to find a market trend–but watch volatility and the VIX
On a day that has been dominated by geopolitical news–the Obama administration has imposed sanctions in response to Russian cyberattacks during the November election–light volume in the financial markets today make drawing any conclusion from market moves...
What me worry?
Am I the only one who finds Friday’s GDP report of 1.2% annualized growth worrying? Especially when combined with a drop in consumer sentiment? What’s bothering me? The deeply disappointing second quarter GDP number was only as good as it was because...
How bad will the effects of Brexit be? Pick your time frame
German investor confidence fell in July on worries over the United Kingdom’s vote to leave the European Union. Released today the ZEW Indicator of Economic Sentiment for Germany, which looks six months ahead ( in other words into early 2017), fell to -6.8 from...Jim’s Daily Email Alerts:
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