Add to AbbVie on latest acquisition
I’ve owned shares of AbbVie (ABBV) in my Diividend Portfolio since January 29, 22020. The gain during that period through the close on June 30 has been 201% plus dvidends. (The stock currently pays a 2.72% forward dividend.) Besides my adding to my position in the...
Selling by India adds to the weakness in gold
India’s central bank looks to be selling a portion of its gold holdings protect the rupee, according to an analysis by Bloomberg. The Reserve Bank of India likely sold gold reserves worth roughly $12 billion in the two weeks through May 22, while buying $7.5 billion...
So exactly how bad are things down on the farm?
Very, very bad. Last year, America’s crop farmers lost $34.6 billion, and farm bankruptcies surged to numbers not seen since 2020, according to the American Farm Bureau Federation. This year, 70% of farmers surveyed claim they cannot afford all the fertilizers they...
Now that’s a narrow market!
Artificial intelligence infrastructure spending is poised to become the dominant force behind S&P 500 earnings growth over the next two years, according to new analysis from Goldman Sachs. Goldman Sachs projects that beneficiaries of AI infrastructure investment...
Lilly adds new obesity drug-and revenue growth tops expectations
What do the stocks of AI chip maker Nvidia (NVDA) and weight-loss drug leader Eli Lilly (LLY) have in common? Their lofty valuations depend on years and years of fast growth. At a trailing 12-month price to earnings ratio, Nvidia isn’t especially expensive–as...
India roils the gold and silver markets–how long will that continue?
This week we’ll get to see if the restrictions India slapped on gold and silver imports in an effort defend the rupee seNd precious metals tumbling again in the week ahead. India tightened restrictions on gold imports again Thursday, imposing fresh limits on duty-free...
Pan American Silver meets the test in its earnings report
Pan American Silver (PAAS) reported earnings and revenue on Tuesday that met my goals for a silver miner in this market. My premise is that the silver stock to buy is one that combines expanding production with declining production costs. Which is exactly what Pan...
At Southern Copper and Vale the cost of producing copper has gone negative
There’s an old business joke–its origin may stretch back to 1833–that has a company claim that it loses money on every sale but makes it up on volume. I swear I remember it as a kid as part of a radio ad campaign for a clothing store in New Jersey. And...
Except for Nvidia, the Magnificent Seven has an earnings problem
This is a condensed version of a story from FactSet. In aggregate, the “Magnificent Seven” companies have reported higher (year-over-year) earnings growth than the other 493 companies in the S&P 500 over the past several quarters. Is this trend expected to...
3-5 years to repair Qatar LNG war damage changes the story for U.S. exporters–adding more shares of LNG
The early stages of the Iran war had relatively little impact of U.S. natural gas prices and revenue projections for U.S. LNG exporters. That’s because U.S. LNG export terminals are operating at or near full capacity, so disruptions to global LNG supplies...
I think it’s time to give Nvidia a rest–selling my position on Wednesday
When the CEO extends the company’s $500 billion revenue projection for 2026 by adding another $500 billion for 2027–we’re talking $1 trillion in revenue here, folks–and the stock barely budges, I think we’re looking at a stock in need of a valuation reset....
Will the Fed’s Wednesday Dot Plot move gold?
No secret. The big financial event of the week is the Wednesday, March 18, meeting of the Federal Reserve’s Open Market Committee. But the news out of that meeting will likely NOT be a decision on interest rates themselves. As of Friday, the CME FedWatch Tool was...
Buying Costco: one of the few companies to benefit from higher gasoline prices
Today I’m adding Costco Wholesale (COST) to my Jubak Picks Portfolio. I’m looking for stocks of companies that might actually benefit from the effects of the war with Iran on the U.S. economy. There aren’t many candidates. Costco is one. (Walmart is another but it’s...
If you’re looking for a highly leveraged play on the worst case scenario in the Strait of Hormuz, I think it’s natural gas and not oil
No one knows, of course, how the attack on Iran will play out in either the medium or long term. The energy and financial markets were closed for the weekend, so they’ve given us relatively subdued feedback on the events. It will be “interesting” to see on Monday how...
Nvidia blows past Wall Street earnings expectations
Nvidia (NVDA) shares rose 3% in after-hours trading on Wednesday after the company reported fiscal fourth-quarter results and guidance that topped Wall Street’s forecasts by a wide margin. For the period ending January 25, Nvidia said it earned an adjusted $1.62...
Coming soon, DeepSeek V4: the next big test for AI stocks, tech sector, and the entire market
I’m writing this while waiting for Nvidia’s earnings report. I’m interested to see if the company addresses the DeepSeek challenge. China’s AI disruptor DeepSeek is preparing to introduce a new model. Reuters had initially reported that DeepSeek would launch its...
Why gold is a long-term winning and safe bet
The argument for owning gold for the long term comes down to simple supply and demand. Unlike the world’s supply of fiat currencies where supply will soar as the world’s indebted countries–just about everyone–print more money to pay their bills, the global...
Would you buy a 100-year AI bond even from Google?
Alphabet/Google (G00G) borrowed another $20 billion in its biggest ever U.S. dollar bond sale on Monday. And that’s just the beginning. The company is also planning debut deals in Switzerland and the UK. Including the sale of 100-year bonds. Drum role, please: That...
Will earnings this week be enough to restore tech leadership in the market?
A week of Big Tech earnings reports will confirm or reverse what sure looks like a sector rotation away from tech shares and into metal company stocks. The group known as the Magnificent Seven–Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Meta (META), Microsoft...
A new quarter but the same old Intel problems
On Friday, January 23, shares of Intel (INTC) fell by more than 17%. And they dropped another 5.7% today, January 26. Which was quite a turnaround from the stock’s recent performance. From 1 October 1, 2025 to January 21, 2026, Intel’s stock rose from about...
Could memory chip shortages, price hikes put tech earnings at risk?
Prices for memory chips are forecast to soar in 2026. but what just as bad/even worse it looks like chip customers are looking at serious supply shortages during the year. Higher prices and supply shortages could be enough to put earnings at risk at some high multiple...
Atlantic wind projects are back on again–but for how long? Time to buy more EQNR
As I read about the latest attempt by the Trump Administration to shut down wind energy projects off the Atlantic Coast, I kept thinking about Laurel and Hardy’s great short “Two Tars.” The “boys” eventually lead the complete demolition of the cars in a traffic...
Nvidia speeds things up in AI
I’d argue that the big news out of the 2026 Consumer Electronics Show in Las Vegas wasn’t about new chips, or flashy hardware across TVs, PCs, phones, and robots. It’s all about speed: Nvidia (NVDA) pushed up the launch schedule for its new Vera Rubin AI...
The road to rare earth independence runs through Lynas and MP Materials
If the United States (and other technology economies such as Japan and Europe) are serious about reducing China’s dominance in the crucial minerals called rare earths (and I believe they are), then you need to realize as an investor that in the next five years all...
Next week is Nvidia’s week
Nvidia (NVDA) will report earnings Wednesday November 19, for the quarter that ended on October 25. According to Zacks Investment Research, based on 13 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.17. The reported EPS for the same...
I’m buying gold on the dip
As I wrote in yesterday’s post, I don’t trust the optimism in stocks as a result of votes to reopen the government. This agreement does nothing to fix the weakness in the dollar as a result of the huge deficits engendered by the tax cuts for the wealthiest pushed...
Pick #7 for my Energy Crisis Special Report: EQNR
From my 10 picks for the 3 energy crises Special Report on my subscription see JubakAM.Com. My picks for The Scramble crisis: Pick #7: Equinox (EQNR) Picking an oil stock for the energy future seems, well, counter-intuitive. Isn’t oil the energy past? Yes, indeed, but...
This week’s China deal parade begins–look for a chance to add gold on weakness
Heading into Thursday’s high profile meeting between U.S. President Donald Trump and China’s President Xi Jinping the White House has announced that negotiators have reached a framework for a trade deal to avert additional U.S. 100% tariffs that President Donald Trump...
My sixth pick for the energy crisis: CCJ
Yesterday in my Special Report on the energy crisis on my subscription site JubakAM.Com I made Cameco my sixth pick. Third, the intense competition to lock up sources of decently priced and reliable electricity: Pick #6: Cameco (CCJ))Jim’s Daily Email Alerts:
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