Today it looks more like a bear market rally
In my weekend Saturday Night Quarterback on my subscription JubakAM.com site I said that this week would, probably, answer the question of whether Friday’s big bounce was just a bounce, the start of a buy on the dip rally, or even a bear market rally with a bit...
Get used to it: Today I was an investing genius; yesterday I was an investing idiot; tomorrow?
Yesterday I owned the wrong stocks. Ford Motor (F) fell another 0.51%. Lithium producer Albemarle (ALB) dropped 1.39%. Deere (DE) gave up 1.38%. Today I owned the right stocks. Ford was up 3.55%. Albemarle gained 6.02%. Deere picked up 1.59%. And other stocks in my...
My picks for infrastructure stocks after Congress finally acts
There was a mad scramble today as Wall Street tried to identify the winners from the $1.2 trillion ($550 billion in new money) infrastructure bill passed by the House of Representatives (finally) late on Friday night. President Joe Biden will sign the bill, which...
So far it’s just a typical September slump
I found myself humming “I scare myself” this morning as the market continued its September selling. The Dan Hicks and the Hot Licks song pretty much sums up the market action this morning. We all know that stocks go down in September so we’re sending...
Senate passes infrastructure bill heavy on traditional road, rail, and water spending–so guess which stocks went up today?
The $1.2 trillion infrastructure bill that the Senate passed today–roughly half of that represents new spending–still faces a tough go in the House of Representatives where progressive Democrats have criticized the measure as light on dollars to fight...
Watch my new YouTube video: QuickPick–3 reasons to buy Deere
I’m starting up my videos again–this time using YouTube as a platform. My thirty-fourth YouTube video “QuickPick: 3 reasons to buy Deere” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
Buying Martin Marietta Materials in my Jubak Picks Portfolio to add to infrastructure plays
On Monday, June 28, I’ll be adding shares of Martin Marietta Materials (MLM) to my Jubak Picks Portfolio to increase my exposure to the infrastructure sector after the Thursday, June 24, announcement at the White House of a bipartisan infrastructure deal. You...
Watch my new YouTube Video: 5 stock picks for the infrastructure deal
I’m starting up my videos again–this time using YouTube as a platform. The twenty-ninth YouTube video “5 stock picks for the infrastructure deal” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
News that White House and Senator group have struck a deal on infrastructure sends the usual suspects higher today
The White House has announced that it has struck an infrastructure deal with a bipartisan group of 10 Senators. There are almost no details on the deal and it’s not at all clear that President Biden will be able to convince the progressive wing of his own party...
Two stock picks that are both growth and value to add to the Millennial Portfolio for long-term investors
Sure looks like a market struggling with rotations between growth and value stocks. One day the growth stocks sell off on fears of higher interest rates and rising inflation or something–and because after such a strong rally in the style growth stocks are very...
Watch my new YouTube video “Don’t panic: 3 Picks for This Rotation”
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. The twenty-second YouTube video “Don’t Panic: 3 Picks for this rotation” went up today. Please watch and subscribe to my YouTube channel. And like my...
My pick for rising farm commodity prices is Deere; adding it to Jubak Picks Portfolio
Wheat prices hit new highs at $7.46 a bushel at the end of April. That the highest since February 2013. Corn climbed to a new eight year high. The day soybeans rose for a tenth straight session to reach on eight year high. When the prices of farm commodities climb,...
Rotation turns to general selling
At 11:07 a.m. today the Standard & Poor’s 500 was up 0.80%. At the close it was down 0.55%. Same picture for the small cap Russell 2000 index. Up 1.65% at 10:54 a.m. New York time. Down 2.26% at the close. What looked like one of the rotation markets...
A wild day for stock gains–although you wouldn’t know it from the indexes
At the close today the Standard & Poor’s 500 was down 0.19%. The Dow Jones Industrial Average ended dead even. The NASDAQ Composite “soared” 0.07%. It wasn’t until you looked at the Russell 2000 small cap index that you saw any signs of...
Tariffs up, talks end, Chinese retaliation next
Whatever the ultimate end point of the trade talks between the United State and China, the next step is almost certainly the announcement of retaliatory measures by China in the wake of the Trump administration’s decision to raise tariffs on $200 billion of...
Deere beats on earnings, raises guidance, soars 7.3% on the day
Before the market open today, Deere (DE) reported fiscal second quarter earning of $2.14 a share. (That excludes the gain from the sale of SiteOne Landscape Supply for $111 million.) Those earnings were 45 cent a share better than the Wall Street consensus of $1.69 a...
Deere signals bottom for farm stocks
Deere (DE), the world’s biggest maker of farm machinery, is signaling that the worst is over in for its industry even as the U.S. Department of Agriculture is projecting another down year for farm incomes. In fiscal first quarter earnings reported today Deere said...
Deere soars on big earnings beat from cost cutting
Update August 19, 2016. It’s not often that you’ll see a stock climb 13.49% on the day when the company announces that full year sales will fall 10%, worse than the 9% drop it had forecast earlier. But that’s the story today for Deere (DE.) The...Looking for bargains? Look down on the farm
If you’re thinking of bargain hunting as global stock markets reel under the impact of what is close to open war by the Gaddafi regime on the Libyan people—but would like a little near-term positive catalyst with those lower prices, might I suggest the farm sector....Update Deere (DE)
Good times for the world’s farmers and for Deere (DE) will continue, Deere said in its fiscal first quarter 2011 earnings report released on February 16, before the New York stock markets opened. The company’s earnings reports get scrutinized as much for Deere’s...Update Deere (DE)
Valuing a cyclical stock such as Deere (DE)—which reports fourth quarter fiscal 2010 earnings on Wednesday, November 24–is always difficult. You have to figure out where the company is in the revenue cycle from peak to trough and back again. And you have to...Earnings are solid–and the economy's on track–even if the U.S. stock market doesn't care right now
Earnings, schmearnings. The stock market simply doesn’t care. After the close yesterday, May 18, Hewlett Packard (HPQ) reported earnings for its fiscal second quarter of 2010 of $1.09 a share. That was 4 cents a share better than Wall Street had projected. Revenue...Sell Deere (DE)
Sometimes the words are worse than the numbers. And that’s the case with Deere’s (DE) November 25 guidance for fiscal 2010, which began on November 1, 2009. The company said fiscal 2010 earnings would come in at $2.12 a share on a 1% decline in sales. First quarter...Are you contrarian enough to own farm stocks?
So when’s the farm rebound? The U.S. Department of Agriculture can’t cut its forecasts of farm income fast enough. Farm income will drop 38% in 2009 from 2008 levels, the USDA said on August 27. The forecast of $54 billion would mark a seven-year low in farm income...Update Deere (DE)
Deere’s (DE) third quarter earnings report on August 19 confirmed what the company forecast in its second quarter report: forget about 2009. In the quarter earnings per share fell by 25% to 99 cents from $1.32 in the third quarter of 2008. Revenue dropped 24% to $5.89...Jim’s Daily Email Alerts:
Every post from Jubak Picks straight to your mailbox. And they're free!