September 18, 2024 @ 5:52 pm | Breaking News, GLD, GOLD, Jubak Picks Portfolio |
I think you want to own gold–through something like the SPDR Gold Shares ETF (GLD)–right now to profit from decreasing interest rates at most of the world’s central banks, from global macro uncertainty, from the possibility of domestic violence in the...
September 18, 2024 @ 5:43 pm | Breaking News, Jubak Picks Portfolio, NVDA |
I think of Nvidia (NVDA) as this market’s warning indicator; it’s the canary in a coal mine; the bird that will die first if dangerous gases start to build up. So, yes, it’s important that Nvidia shares plunged from $134.91 on July 10 to $98.91 on August 7. And again...
September 3, 2024 @ 7:50 pm | AMD, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NVDA |
So much for my feeling on Monday that a 7% drop in Nvidia (NVDA) after the company’s August 28 earnings report was about as big a dip as investors would get and that it was time to buy Nvidia shares. The stock dropped another 9.5% on Tuesday. I’d sure like to have...
August 28, 2024 @ 8:27 am | Breaking News, Jubak Picks Portfolio |
Gold hit a new all-time high yesterday of $2554 an ounce on the Comex for December delivery. Gold’s 20% or so gain in 2024vto date (as of August 26) is a result of strong central-bank buying plus Asian purchases plus anticipation that the Federal Reserve was about to...
July 26, 2024 @ 8:12 am | Breaking News, Jubak Picks Portfolio |
Viking Therapeutics (VKTX) has announced that its subcutaneous obesity drug candidate VK2735 is moving into Phase III development. Viking is currently preparing for an end-of-Phase II meeting with the Food & Drug Administration later this year. Just as...
July 21, 2024 @ 8:27 am | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
I expect technology sector weakness to continue this week with earnings worries still unanswered. What could put an end to selling in tech stocks? The NASDAQ 100 is down almost 4% in the last week. Certainly earnings news that showed earnings growth at the companies...
April 26, 2024 @ 5:18 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio |
Tuesday, April 23, after the market close Visa (V) reported adjusted net income of $2.51 a share. That ws 7 cent a share more than the consensus of estimates from Wall Street analysts. Earnings rose 7% year-over-year in the quarter. Revenue climbed 10% from a year...
April 3, 2024 @ 6:18 pm | Breaking News, BYDDF, Jubak Picks Portfolio |
Yesterday, April 2, Tesla (TSLA) reported that it delivered just 386,810 vehicles in the first three months of the year. That was the biggest difference between actual sales and Wall Street sales estimates in data going back seven years, according to Bloomberg. Most...
March 28, 2024 @ 6:10 pm | AAPL, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
Apple (AAPL) is likely to take its shareholders on an even wilder ride in the next six months than they’ve been on since the December all-time high at $199.62. The end result, I think is likely to be a renewed rally beginning in the fall–if you can either hold...
March 5, 2024 @ 6:34 pm | Breaking News, Buy Hold Sell, Jubak Picks Portfolio, NVO |
Back on February 20, I posted a YouTube video recommending a buy of Novo Nordisk (NVO). In the video, “Buy GLP-1,” I said that the stock, along with Eli Lilly (LLY) was riding the momentum of increased sales of GLP-1 drugs, originally developed to treat...
February 29, 2024 @ 7:45 pm | Breaking News, Jubak Picks Portfolio, VKTX |
Yesterday, February 28, development-stage biotech Viking Therapeutics (VKTX) announced results from a Phase 2 trial of its GLP-1 weight-loss drug candidate that that showed the potential for the VK2735 compound to be best in class in the $36.5 billion (revenue) market...
February 23, 2024 @ 5:23 pm | AMAT, AMD, ASML, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MSFT, NVDA, TSM |
Yesterday, Thursday, February 22, Nvidia (NVDA) gained 16.40% at the close after beating Wall Street expectations on earnings and revenue after the market close on Wednesday. And then raising guidance for the rest of 2024. I think it’s safe to say we’re in the midst...
February 21, 2024 @ 7:24 pm | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, PANW |
After yesterday’s earnings report–the company beat Wall Street estimates for the quarter–and radically lowered guidance for the next quarter and the rest of 2024–total billings for next quarter will grow by just 2% to 4% and revenue for all of 2024...
January 28, 2024 @ 11:27 am | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, V |
After the close Thursday, Visa (V) reported earnings of $2.41 a share (after adjusting for one-time items) for the December 2023 quarter. (That’s the company’s fiscal first quarter.) Analysts had been looking for $2.34 a share in adjusted earnings. Revenue grew...
January 3, 2024 @ 5:25 pm | Breaking News, Buy Hold Sell, BYDDF, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
This change at the top of the electric car market was widely expected. The only debate was whether it take place in the last quarter of 2023 or early in 2024. Now, we know. With both Tesla (TSLA) and BYD (BYDDF) reporting fourth quarter delivery numbers in the last...
December 28, 2023 @ 7:48 pm | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
Today I made BYD (BYDFF) the eighth pick in my Special Report 10 GREATER Growth Stocks. Here’s what I wrote in my post on JubakAm.com. Pick #8: BYD (BYDDF). I know; I know. What’s a Chinese stock doing on this list? It’s here because BYD, not Tesla (TSLA) is the big...
December 14, 2023 @ 4:21 pm | Breaking News, Jubak Picks Portfolio, MRNA |
Shares of Moderna (MRNA) were up 13.67% to $89.15 as of noon New York time today, December 14. They closed ahead 9.25% at $85.87. A vaccine developed by Merck and Moderna helped prevent the recurrence of severe skin cancer for three years, according to new results...
December 1, 2023 @ 4:07 pm | Breaking News, GDX, GLD, GOLD, Jubak Picks Portfolio, NEM |
Gold (for February 2024 delivery) was trading at $2087 an ounce on New York Comex today, December 1. That easily beats the old record high of $2051.50 an ounce back in August 2020. The shiny metal is up 12% from $1830 an ounce in early October. The SPDR Gold Shares...
November 10, 2023 @ 5:11 pm | Breaking News, Jubak Picks Portfolio, LLY |
Back on August 18, I posted a buy for Eli Lilly (LLY). I said the stock was over-valued but would likely get more so. At the time Lilly shares were 46% over-valued according to Morningstar. Yesterday November 8, the stock was 68% over-valued. And even after a plunge...
November 2, 2023 @ 7:41 pm | Breaking News, GOLD, Jubak Picks Portfolio |
Yesterday, Thursday, November 2, Barrick Gold (GOLD) reported earnings of 24 cents a share for the company’s this quarter. That was ahead of the 21 cents a share consensus estimate among Wall Street analysts. In the third quarter of quarter of 2022, the company...
October 31, 2023 @ 5:14 pm | Breaking News, F, GM, Jubak Picks Portfolio |
On my subscription site JubakAM.com I added Step #7 to my Special Report: 8 Steps to Protect Your Portfolio from the Global Debt Bomb today. And my advice was to sell Ford and General Motors sometime between now and before the December 13 meeting of the Federal...
October 23, 2023 @ 5:35 am | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
Hope you like earnings news. This week brings a ton of third-quarter earnings reports with news from Microsoft, Amazon, Meta Platforms, and Alphabet quite capable of moving the entire market. We’ll also get more consumer company (Coca-Cola and Kimberly-Clark for...
October 10, 2023 @ 6:18 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, PEP |
Clearly, inflation isn’t bad for everyone. Not if you have pricing power, anyway. Today, PepsiCo (PEP) reported earnings and sales that a beat Wall Street estimates, and raised its guidance for the next quarter. PepsiCo reported third quarter fiscal 2023...
October 9, 2023 @ 5:37 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, PXD |
The Wall Street Journal has reported that Exxon Mobil (XOM) is in advanced talks to buy Pioneer Natural Resources (PXD) in a deal valued at $60 billion. Pioneer currently has a market cap of $55 billion. Throw in the debt that Exxon would be buying and there’s...
September 14, 2023 @ 5:56 pm | Breaking News, Jubak Picks Portfolio, MRNA |
Shares of Moderna (MRNA) closed up 3.18% yesterday, September 13, on news that 1. The Food & Drug Administration has approved updated Covid-19 vaccine boosters (including one from Moderna) and that the Centers for Disease Control was recommending the boosters for...
September 14, 2023 @ 5:51 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, SCCO |
The People’s Bank of China cut the amount of cash banks must hold in reserve for the second time this year. The move is an effort to boost flagging economic growth in China. The bank could have cut its benchmark interest rate in pursuit of the same goal. But...
September 11, 2023 @ 5:08 pm | AAPL, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
I expect a wild ride for Apple (AAPL) this week and consequently for the entire tech sector. Apple shares dropped another 3% on Thursday taking the two-day losses in the shares to almost $200 billion, (Yep, with a “B.” That brought Apple’s market cap...
July 21, 2023 @ 7:23 pm | Breaking News, Dividend Income Portfolio, IRM, Jubak Picks Portfolio |
Today I posted my three-hundredth YouTube Video: Quick Pick Iron Mountain Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5 Years: Free download for subscribers to...
June 29, 2023 @ 7:22 pm | Breaking News, Jubak Picks Portfolio, LLY |
Today I posted my two-hundred-and-ninety-first YouTube Video: Quick Pick Eli Lilly (LLY) Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5 Years: Free download for...
June 22, 2023 @ 1:51 pm | Breaking News, COP, Dividend Income Portfolio, DVN, Jubak Picks Portfolio, PXD |
My baseline assumption is that Russia will cheat on its promises to cut oil production whenever and wherever it can. The country is crushed between the need for more oil revenue to finance the war in Ukraine and falling oil prices. The one way out of that dilemma is...