Taiwan Semiconductor raises revenue forecast–China worry not priced in so far
Taiwan Semiconductor Manufacturing (TSM), the world’s largest independent chip producer, expects revenue to grow about 30% in 2022. Sales growth this year should accelerate from 2021’s 24.9% (in dollar terms), Chairman Mark Liu said at the company’s annual...
Fertilizer demand looks to fall as North American farmers plant less in reaction to higher prices
Logic says that demand for fertilizer should be soaring as North American farmers look to increase production at a time when grain prices are near record highs thanks to the severe reduction in exports from the Ukraine and Russia. Logic, however, looks to be wrong. An...
Please watch my new YouTube video: Trend of the Week Danger of a Lithium Drought
My one-hundredth-and-forty-first YouTube video “Trend of the Week: Danger of a Lithium Drought” went up today. My Trend of the Week video looks at the effects of Chile’s 15-year drought on global lithium production and prices. In particular, I look...
This is the kind of bear market rally that tries portfolio discipline
On Tuesday, Snap (SNAP) fell 43.08% as the company lowered guidance for the remainder of 2022. On Thursday, the shares were just 4.59%. At today’s close of $14.81 they’re still trading well below the 50-day moving average of $29.86. Should you chase them...
Snap shocks market, plunges 43%, closes below 2017 IPO price
Snap (SNAP), the online company best known for its SnapChat platform, closed down 43.08% today, May 24. On April 21 when the company released its first quarter earnings report, the company had forecast second quarter revenue growth of 20% to 25%. That was already...
Watch Nvidia’s earnings report Wednesday for an indicator of odds of a summer rally
The most important indicator of market direction and sentiment this week will be Nvidia’s (NVDA) earnings report for the quarter that ended in April on Wednesday, May 25. Wall Street analysts and expect earnings of $1.09 a share. (That’s the consensus. The...
Palo Alto Networks beats, raised guidance again, gains 10.7% in after-hours trading
I’m actually surprised that shares of cyber-security company Palo Alto Networks (PANW) rose only 10.7% in after-hours trading after the company reported adjusted fiscal third quarter earnings of $1.79 a share. That was ahead of the adjusted earnings of $1.68 a...
My candidates for gains tomorrow after some of today’s more mindless selling? Coke and Pepsi
Ok, the bad news on profit margins from Target (TGT) was a big deal. No argument. When you’re operating margin falls to 5.37% when Wall Street was projecting 9.5%, it’s a big deal. And after yesterday’s earnings miss from Walmart (WMT), it’s...
Everything EV was up today on news of soaring new registrations
New registrations for electric vehicles jumped 60% in the first quarter of 2022 from the first quarter of 2021. according to Experian Automotive. Electric vehicles made up an all-time record 4.6% of the total market. The news was even more positive given that overall...
A day after bad news of an economic slowdown in China, officials talk up China’s Internet giants
Today, Tuesday May 17, China’s top economic official, Vice Premier Liu He, said that the government will support the development of digital economy companies and their public stock listings. The comments delivered after a symposium with the CEOs of some of the...
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...
Watch my YouTube video: Quick Pick Middleby
My one-hundredth-and-thirty-fourth YouTube video “Quick Pick Middleby” went up today. My Quick Pick this week is Middleby (MIDD), a company that produces restaurant equipment. I’ve been following them for 20 years, during which time they’ve...
Adding PepsiCo to my Dividend Portfolio on payout increase and demonstrated pricing power
Last week PepsiCo (PEP) declared a quarterly dividend of $1.15 a share, up about 7% from $1.075 a share. That brings the dividend yield up to 2.7%, almost exactly Coca-Cola’s (KO) 2.72% yield. On the basis of that yield and the pricing power that the company...
Please watch my new YouTube video: Trend of the Week China’s back!
My one-hundredth-and-ninth-eighth YouTube video “Trend of the Week China’s back!” went up today. At the end of last week, the Chinese government sent signals that it would make moves to stimulate the slowing economy amid widespread lockdowns, as well...
Natural gas prices soar–no summer slump in prices this year thanks to war in Ukraine
Normally at this time of year natural gas prices retreat and companies actually stash natural gas in storage for use during hurricane outages in the fall and winter heating season. Not this year, however. Today natural gas prices in the U.S. hit a new 18-year high. At...
Please watch my new YouTube video: Lessons from Amazon
My one-hundredth-and-twenty-seventh YouTube video “Lessons from Amazon” went up today. Today I’m covering Amazon’s (AMZN) earnings report after hours on April 28. The company delivered its first quarterly loss in 7 years. The shares closed down...
Microsoft beats earnings estimates on cloud computing
On Tuesday, April 26, Microsoft (MSFT) reported net income of $16.73 billion or $2.22 share for the company’s fiscal third quarter. That was up from net income of $15.46 billion or $2.03 a share in the third quarter of fiscal 2021. Wall Street analysts had...
Visa’s earnings beat one more sign that post-Pandemic travel is back
After hours on Tuesday, April 26, Visa (V) reported earnings of $1.70 a share. That modestly beat analyst projections of $1.65 a share for the quarter. But it was a big jump from the $1.35 a share in the first quarter of 2021. Visa said payment volumes rose 17% and...
Microsoft beats earnings estimates on cloud computing
On Tuesday, April 26, Microsoft (MSFT) reported net income of $16.73 billion or $2.22 share for the company’s fiscal third quarter. That was up from net income of $15.46 billion or $2.03 a share in the third quarter of fiscal 2021. Wall Street analysts had...
Good enough earnings from Coke and Pepsi, adding both to additional portfolios
Neither company crushed Wall Street earnings expectations, but both reported good enough news in a very tough environment. I own PepsiCo in my long-term 50 Stocks Portfolio, where it was up 220.4% from my initial December 30, 2008 pick as of the close on April 26. I...
Beijing steps in and China stocks soar
Yesterday, March 15, I was thinking that I wished I didn’t own any China stocks at all. Today, March 16, I wished I owned more. Lot’s more. First, China’s top financial policy group vowed to ensure stability in capital markets, support overseas stock...
U.S. to ban Russian oil and natural gas–Brent hits $131 a barrel, WTI $127
The United States will ban imports of oil and natural gas from Russia, President Biden announced Tuesday. I’ve tried to pin down the exact timing and implementation of the ban (I don’t see these details in the executive order as released by the White...
More disruptions to the global chip supply chain-I’ll do some trimming in the sector tomorrow by selling ASML, LRCX, and IFNNY
Right now investors and traders are getting a crash course in how vulnerable global supply chains are to disruption–especially when they become really extended. And how a supply chain disruption can ripple out in unexpected directions thanks to the complexity of...
Please watch my new YouTube video : Steady vs. hot hands
I’m starting up my videos again–this time using YouTube as a platform. My one-hundredth-and second YouTube video “Strong vs. hot hands” went up today. Hello there! Today I’m looking at a few stocks that exemplify what most experienced...
Nvidia beats on earnings and revenue after the close–stock trades flat after pre-earnings run
After the close today, Nvidia (NVDA) reported fourth quarter earnings of $1.32 a share (versus analyst projections of $1.22) and revenue of $7.6 billion (versus expectations for $7.42 billion). As of 4:45 the stock has trading down $1.09 in the after-hours market. In...
Please watch my new YouTube video: QuickPick Cummins Update
I’m starting up my videos again–this time using YouTube as a platform. My one-hundredth YouTube video “QuickPick Cummins Update” went up today. Welcome back to Quick Picks. I have another update this week, this time on Cummins (CMI), the maker...
Disney beats on revenue, earnings–and new streaming subscribers
So much for fears the Disney (DIS) would follow the disappointing course plotted by Netflix (NFLX) and report disappointing numbers for new subscriptions to its Disney Plus streaming service. For the December quarter, the company’s first quarter of fiscal 2022,...
Selling Amazon tomorrow–worrying signs in core e-commerce business
Investors have been really impressed by Amazon’s fourth quarter earnings report. And there were some impressive numbers in the report for the quarter. Amazon’s cloud services unit, AWS, saw revenue growth accelerate again to a 40% growth rate. Revenue...
Please watch my new YouTube video: “Why PayPal is a buy and Facebook isn’t”
I’m starting up my videos again–this time using YouTube as a platform. My ninety-sixth YouTube video “Why PayPal is a buy and Facebook isn’t” went up today. Please watch and subscribe to my YouTube channel. And like my video. Here’s...Jim’s Daily Email Alerts:
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