Inflation, AI, and auto news headline a short market week
Lots of important news on inflation and on the auto sectors and from Adobe on developments in AI this week. With some strange wrinkles in timing due to the short Good Friday week. Inflation first, because that’s where timing is so strange. At 8:30 a.m. New York time...
Sell GM and Ford sometime between now and December 13
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...
It’s too soon to buy Tesla–stock drops another 12% on delivery “miss”
Tesla (TSLA) can’t win for winning. On Monday, while U.S. markets were, fortunately, closed, the company reported record quarterly deliveries for the fourth quarter of 2022 of 405,278 cars. Unfortunately, Tesla had convinced Wall Street to look for delivery of...
Please Watch My New YouTube Video: Ford Drops a Bombshell on the Market
Ford (NYSE: F) came out on Monday with a pre-announcement on third-quarter earnings that was pretty grim – not just for them, but for the market and global economy as a whole. Instead of Ford’s expected $3 billion in operating profits for the third...
What to sell in a Bear Market rally–and two sells for Monday, Omnicom and Alcoa
I ended my recent post “This looks like the Bear Market rally I’ve been waiting for” on my subscription JubakAM.com site by saying “Enjoy the ride but look to sell shares of companies that look most exposed to the return of recession/high...
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...
Ford gains 11.7% today on news that it will double production capacity of F-150 electric pickup
As of the close New York today Ford Motor (F) shares were up 11.67% after the company announced it would nearly double production capacity to meet demand for its upcoming F-150 Lightning electric pickup truck. The price of $24.31 is a 21-year high for Ford’s...
Ford Motor moves strongly higher on news of huge pre-orders for electric F-150 Lightning pickup
Ford Motor (F) CEO Jim Farley said yesterday, December 9, that pre-orders for the soon-to-launch F-150 Lightning pickup truck are so great that it had to stop taking reservations. “We are completely oversubscribed with our battery electric vehicles, Lightning...
Ford raises 2121 earnings forecast and reinstates dividend
So far Ford Motor (F) is meeting the expectations I had when I added it to the Jubak Picks Portfolio on June 9, 2021. On Wednesday, October 27, the company raised its earnings forecast (EBITDA) for 2121 to $10.5 billion to $11.5 billion on an improved supply of chips,...Watch my new YouTube video: 3 Picks for a Market That’s Grinding Higher
I’m starting up my videos again–this time using YouTube as a platform. My sixty-first YouTube video “3 Picks for a Market That’s Grinding Higher” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can...
Ford one of few stocks in green today on electric F150 moves
Shares of Ford Motor (F) were one of the few stocks closing in the green today with a gain of 1.20% to $14.33 a share. Yesterday, September 27, Ford announced that it looking to hire 11,000 new workers and that it would spend an additional $11.4 billion to build...
Ford gains on doubling of production target for electric F-150 pickup
Shares of Ford Motor (F) are up 2.75% as of the close in New York today, August 24, on news that the company has doubled its production target for the F-150 Lightning because of strong early demand for the full-sized electric pickup truck ahead of its 2022 launch. The...
Take that Ford: GM will boost spending on electric and autonomous vehicles by 30% through 2025
General Motors (GM) will boost global spending on electric and autonomous vehicles to $35 billion through 2025. That’s a 30% jump over its last spending plan, Reuters reported today. The No. 1 U.S. automaker will build two additional U.S. battery plants and...
Adding Ford to my Jubak Picks Portfolio
Today I made Ford (F) my fifth pick for a falling market in my Special Report: Five Picks and Five Hedges for a Falling Market on my JubakAM.com subscription site. Some of the logic of that pick is laid in n more detail in the Special Report. With momentum stocks...
If you’re worried about the Credit Crunch, then Ford debt nearing junk status is a bad sign
I’ve written more than once about my conviction–and consequent worry–that we’re headed for a global credit crunch sometime in the next three to four years. I’m looking for the kind of Minsky Moment that sees financial markets go into...
White House announces trade deal with Mexico to replace NAFTA
If you’re looking for a reason for U.S. stocks to keep climbing from current highs, this morning’s event at the White House is a big deal. President Donald Trump announced that the U.S. and Mexico have reached a bilateral trade agreement that would replace...
Sector Monday for Sector Monday Week: The U.S. auto industry turned upside down
Sector Monday is my regular (or occasionally regular) post on the investible trends in a timely sector. I’m filling the first of the two weeks while I’m on break in Sicily (it’s nasty work but some has to do it) with a week of Sector Monday posts....
Big declines in car sales argue for top in auto cycle
Even big sales incentives weren’t enough to prop up U.S. auto sales in March. Sales trailed estimates with sales at Ford Motor (F) and Fiat Chrysler Automobiles (FCAU) showing big drops of 7.2% and 4.6%, respectively. General Motors (GM) saw a smaller than...Jim’s Daily Email Alerts:
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