February 8, 2023 @ 10:07 pm | Breaking News, EQNR, Jubak Picks Portfolio |
Today, Wednesday, February 8, Equinor (EQNR) reported a record $74.9 billion adjusted operating profit for 2022. That more than doubled the previous record. Fourth quarter adjusted earnings edged higher to $15.06 billion from $14.99 billion but easily topped the...
February 6, 2023 @ 7:31 pm | Breaking News, EEM, EUM |
Today I posted my two-hundred-and-thirty-third YouTube video: Trend of the Week China Accelerates This week’s Trend of the Week: China Accelerates. There is a horrific death toll in China as the country’s COVID policy changed dramatically, allowing COVID...
February 2, 2023 @ 10:10 pm | Breaking News, Dividend Income Portfolio, INTC |
Today I posted my two-hundred-and-thirty-second YouTube video: Quick Pick Intel Today’s Quick Pick: Intel (NASDAQ: INTC). Intel’s revenue and earnings report last week was terrible. It was a classic kitchen sink quarter, where the company laid out all the...
January 31, 2023 @ 10:29 pm | Breaking News, GM, Jubak Picks Portfolio |
General Motors (GM) shares are up 8.34% as of the close today after the company reported a huge jump in earnings for the fourth quarter and the full year. For the quarter the car company reported adjusted earnings per share of $2.12 versus an expected $1.69, and...
December 8, 2022 @ 10:07 pm | ABBV, Breaking News, Dividend Income Portfolio, MMM |
Once a company has put in the time and money to make the Dividend Aristocrats list, the company isn’t likely to squander that investment just because a recession looms. To make the list–and garner a big chunk of cash from conservative dividend...
December 7, 2022 @ 10:15 pm | Breaking News, Dividend Income Portfolio, DOW |
The November rally was kind to Dow (DOW) with the stock up 10.4% from November 1 through December 1. The shares have given back some of that lately, but I’d still like to book any gains here ahead of a possible recession or at least a further economic slowdown...
December 2, 2022 @ 7:38 pm | Breaking News, FREY, Jubak Picks Portfolio |
Yesterday, shares of clean energy battery startup Freyr Battery (FREY) rumbled 12.01% on news that the company would sell 20 million new shares to raise capital for its planned battery factories in Norway and (newly announced) Georgia. Today, December 2, traders and...
November 22, 2022 @ 11:13 pm | Breaking News, NI |
Today I posted my two-hundred-and-eighth YouTube video: Quick Pick NiSource This week’s Quick Pick is NiSource (NYSE: NI). If you saw my last Trend of the Week video, you know that I believe the dip in utilities represents a good buying opportunity as utilities...
November 14, 2022 @ 7:20 pm | Breaking News, COP, Jubak Picks Portfolio, PXD |
Today I posted my two-hundred-and-fifth YouTube video. This week’s Trend of the Week: U.S. Oil Production is Not Rising as Expected. Oil prices have averaged $100 per barrel over 2022–a figure that would normally lead oil companies to expand production and...
October 25, 2022 @ 7:46 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO |
This morning before the stock market open Coca-Cola reported earnings of 69 cents a share for the third quarter. That was up from 65 cents a share in the third quarter of 2021 and was above the 64 cents a share expected by Wall Street analysts. Revenue of $11.1...
October 14, 2022 @ 7:21 pm | Breaking News, Dividend Income Portfolio, TFC |
Yesterday’s CPI inflation number changed everything, right? Nah. The higher-than-expected inflation number for September–a core inflation rate of 6.6%–guaranteed that the Federal Reserve will raise interest rates by 75 basis points at its November 2...
October 10, 2022 @ 11:08 pm | AAPL, AMD, ASML, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NVDA |
If you liked the Trump administration’s trade war with China, you’ll love the Biden administration’s new, more dangerous, escalated version. Rather than slapping tariffs on Chinese goods, and inviting retaliatory tariffs by China on American...
October 6, 2022 @ 7:50 pm | AMD, Breaking News, Dividend Income Portfolio, INTC, Jubak Top 50 Portfolio, NVDA |
After the close today October 6, Advanced Micro Devices (NASDAQ) announced that its preliminary estimate of revenue for the third quarter would be just $5.6 billion. That’s well below Wall Street forecasts of $6.71 billion. On the news shares of Advanced Micro...
October 5, 2022 @ 7:49 pm | Breaking News, USO |
Today, Wednesday, October 5, OPEC and its allies, including Russia, approved a two million barrel-a-day cut in oil production. This is the largest cut in production since the onset of the pandemic. Here’s the key paragraph in the OPEC+ statement: “Adjust...
September 30, 2022 @ 7:27 pm | AMAT, ASML, Breaking News, Jubak Top 50 Portfolio |
Yesterday, September 29, after the close of trading DRAM chipmaker Micron Technology (MU) reported fiscal fourth-quarter earnings of $1.35 a share and adjusted earnings of $1.45 a share. That was down from $2.42 a share in adjusted earnings in the fiscal fourth...
September 29, 2022 @ 7:24 pm | Breaking News, Jubak Top 50 Portfolio, NVDA |
My one-hundred-and-ninetieth YouTube video: “Quick Pick Nvidia” went up today. This week’s Quick Pick: Nvidia (NASDAQ: NVDA). I believe Nvidia will be the dominant chip stock for the next decade–but the stock is struggling during this bear...
September 28, 2022 @ 7:49 pm | Breaking News, Jubak Picks Portfolio, LLY |
Shares of Eli Lilly (LLY), a pick for my Jubak Pick’s Portfolio in a post yesterday, are up 8.89% today as of noon New York time, September 28, on news that an experimental Alzheimer’s drug from Biogen (BIIB) and Japan’s Eisai(ESALY) slowed cognitive and...
September 27, 2022 @ 7:32 pm | Breaking News, Buy Hold Sell, COST, Jubak Picks Portfolio |
Shares of Costco Wholesale (COST) closed up 2.98% on September 26. The advance against the grain of a generally down market comes after the company announced a beat on both revenue and earnings for its fiscal fourth quarter on Thursday, September 22. The company...
September 12, 2022 @ 10:47 pm | Breaking News, Dividend Income Portfolio, VZ |
My one-hundred-and-seventy-fourth YouTube video: “Quick Pick Verizon” went up today. Verizon (VZ) is hated by everybody, but if you’re looking for a high-yield stock (safe but without a whole lot of price appreciation in all probability) with...
August 25, 2022 @ 11:13 pm | ALB, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
Lithium producer Albemarle (ALB) closed up 2.71% today after hitting an all-time high of $298.17 in intraday trading. The shares closed at $295.68. The gains for Albemarle, and across the lithium sector, came as Goldman Sachs upgraded lithium battery maker Freyr...
August 24, 2022 @ 10:53 pm | Breaking News, Jubak Picks Portfolio, PANW |
After the close on Monday, August 22, Palo Alto Networks (PANW) reported fiscal fourth-quarter (adjusted) earnings of $2.39 a share. Analysts had projected $2.28 a share. Revenue climbed 27% to $1.6 billion. On a GAP basis (generally accepted accounting principles),...
August 23, 2022 @ 3:41 pm | Breaking News, Jubak Picks Portfolio, WEAT |
Acres that U.S. farmers were unable to plant have more than tripled from the same period last year as extreme weather wreaks havoc on fields, according to the August report from the Farm Service of the U.S. Department of Agriculture. Prevented planting acres–or...
August 19, 2022 @ 7:50 pm | Breaking News, DHR, Jubak Picks Portfolio, XYL |
My one-hundred-and-sixty-sixth YouTube video “It’s All About Water” went up today. We’re back after a hiatus! In this video, I look at how global water scarcity could impact the chip industry, using Taiwan Semiconductor Manufacturing (TSM) as...
August 18, 2022 @ 7:35 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
If you’re looking for a catalyst to move slumping technology shares higher, circle September 7. That’s the date for Apple’s (AAPL) launch event to unveil the new iPhone 14 line. It’s just one–but the biggest–of Apple’s product...
August 18, 2022 @ 7:31 pm | BABA, Breaking News, Jubak Picks Portfolio |
When I added Alibaba (BABA) to my Jubak’s Picks Portfolio on April 29, 2022, and Tencent Holdings (TCEHY) to my Volatility Portfolio on my subscription site JubakAM.com on January 3, 2022, I thought two things were about to happen in China. First, I thought that...
August 18, 2022 @ 7:24 pm | Breaking News, Jubak Picks Portfolio, NXPI, TSM |
The chip boom is over–or at least coming to an end. Gartner has cut its outlook for revenue growth in 2022 to just 7.4%. That’s down from a forecast of 14% growth for chip revenue three months ago. Garner sees chip revenue falling 2.5% in 2023. And you...
August 10, 2022 @ 2:48 pm | AMD, Breaking News, DAL, Jubak Picks Portfolio, MLM |
Despite today’s CPI inflation bounce and the continuation (flagging but still in business) of July’s Bear Market rally, my goal is still to sell into rallies. I don’t think this Bear Market is over and done with. I see another down leg when investors...
August 9, 2022 @ 10:34 pm | AMAT, AMD, Breaking News, IFNNY, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NXPI, QCOM |
First, it was Nvidia (NVDA) cutting its guidance for revenue and earnings due on August 24. Today, August 9, it was Micron Technology (MU) warning that its revenue for the fourth-quarter revenue may come in at or below the bottom end of a forecast range provided in...
August 6, 2022 @ 12:49 pm | COP, Jubak Picks Portfolio, PXD |
I’ve seen several comments on the site asking this question. I assume we’re talking about oil stocks in the short- and medium-term. In the long term, I think it’s clear that you should be thinking about selling these out of your portfolio at a profit...
July 26, 2022 @ 7:27 pm | Breaking News, Dividend Income Portfolio, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, MCD |
With Walmart (WMT) shares down 7.74% as of noon New York time today, July 26, on the company’s warning yesterday about falling revenue, the pool of safe consumer stocks continues to shrink. Which is bad if you owned Walmart or Dollar General (DG), also down...