This has been long in the making. In the summer of 2013, I made this little tutorial but silly me did not use two colors(duh!) so it wasn't terribly useful. This time, I used two colors and hopefully, this will be clear and useful to some. I use this trick in all of my chevron loops (hint, there is one more coming very very soon!).
Step 1, you have come to the point where you change color, in this case from navy to cream.
Step 2, see that stitch on the right side of the green marker? That's the stitch you just knit. Lift the stitch under it and place it on the left needle as shown. You are literally lifting the stitch you just knitted into!
Step 3, with new yarn (in my case, cream), knit the next two stitches on the left needle together. Note that the stitch count does not change since you added a stitch in Step 2 and reduced a stitch in this step. slip it off the needle as you normally would! you're done!
So this is what it looks like after you have knitted several stitches. As you can see, there are not jogging here. Or very little anyway!