The small-cap Russell 2000 is up 8.5% in a week–time to go short
On Monday, I will add to my short position in the small-cap Russell 2000 by buying more of the ProShares Short Russell 2000 ETF (RWM) for my Jubak Picks Portfolio. This buy will give me two positions in the ProShares Short Russell ETF. The first position, added to the...
The biggest good news from Barrick Gold’s earnings aren’t the earnings
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...
Sell DE, CAT and BHP tomorrow
Yesterday for subscribers to my JubakAM.com site I posted Step #8 in my Special Report: 8 Steps to Protect Your Portfolio from the Global Debt Bomb. I recommended selling Deere (DE), Caterpillar (CAT), and BHP Group (BHP) out of portfolios ahead of rising yields in...
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...
Moderna shares popped 3.2% yesterday–here’s why
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...
Danaher continues its post-Covid reset–now is the time to buy future growth
The comparisons with 2022 continue to hurt shares of Danaher (DHR). For the second quarter, reported Monday, July 24, the company saw revenue down 8% and adjusted earnings per share off 26% year over year. The culprit is easy to see. In 2022 Danaher’s...
Please Watch My New YouTube Video: Quick Pick Iron Mountain
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...
Please Watch My New YouTube Video: Quick Pick TreeHouse Foods
Today I posted my two-hundred-and-ninety-fourth YouTube Video: Quick Pick TreeHouse Foods 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...
Please WatchMy New YouTube Video: Quick Pick Eli Lilly
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...
Microsoft soars on earnings, so I’m selling the shares I bought for my Volatility Portfolio on my subscription site (but keeping other positions)
Back on March 24, I added shares of Microsoft (MSFT) to my Volatility Portfolio on my subscription JubakAM.com site on the thinking that in a quarter when earnings were projected to be down for the Standard & Poor’s 500 as a whole, reliable technology...
Watch My New YouTube Video: Quick Pick Newmont
Today I posted my two-hundred-and-sixty-third YouTube video: Quick Pick Newmont 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...
Selling Intel out of Jubak Picks to take profits ahead of PC sales weakness
I will sell Intel (INTC) out of my Jubak Picks Portfolio tomorrow, April 12. The position was up 14.55% as of the close on April 11 since I added it on February 8, 2023. Intel is set to report on April 27 and it will be an ugly quarter with Wall Street looking for a...
Gold pushes toward all-time high
Gold for June delivery closed at 2039.00 an ounce on the Comex today. That’s not too far away from the all-time record high of $2,070 an ounce. The move above $2,000 an ounce and any breach of the record at $2070 could trigger a rally as traders short gold buy...
From California confirmation that nuclear power–and uranium producer Cameco–has more life thanks to global warming
When I added Cameco (CCJ), the big Canadian uranium producer, to my Jubak Picks Portfolio on February 22, 2023, I argued that plans by China and India to burn more coal, despite a potentially catastrophic increase in global temperatures, meant that the world would...
Investors really don’t want Pioneer Natural Resources to acquire another producer
On Friday, shares of Pioneer Natural Resources (PXD) fell on a Bloomberg story reporting rumored talks between the Permian Basin oil shale producer and Appalachian natural gas producer Range Resources (RRC). On Monday shares of Pioneer rebounded as the company denied...
Adding Pioneer Natural Resources to my Dividend Portfolio on 11% annual yield
Wednesday, February 22, Pioneer Natural Resources (PXD) reported better-than-expected adjusted earnings for the fourth quarter of 2022 while revenues came up short of Wall Street estimates. Revenue was still up 18% year-over-year to $5.1 billion. Fourth quarter net...
Intel cuts dividend by 66%, stock drops just 2.26% on the day
So it wasn’t much of a surprise to most investors–although some of us were hoping that Intel (INTC) would hold its dividend steady after a big bond offering in the last few weeks. But today Intel cuts its dividend by 66% to 12.5 cents a share from a prior...
Please Watch My New YouTube Video: Quick Pick Cameco
Today I posted my two-hundred-and-thirty-ninth YouTube video: Quick Pick Cameco Today’s Quick Pick: Cameco (NYSE: CCJ). I’m not a fan of nuclear power. Relying on an energy source that produces waste that will remain radioactive for thousands of years when...
Walmart’s caution a red flag on consumer spending: stocks fall today
Today, February 21, Walmart (WMT) reported s 76% year-over-year jump in earnings to $1.71 a share. Wall Street analysts had forecast earnings of $1.52 a share for the fourth quarter. Revenue rose 7.3% to $164 billion. Comparable store sales gained 8.3%. The company...
Odds rise that Intel will keep its dividend after bond sale, adding the stock to my Jubak Picks Portfolio
The possibility that Intel (INTC) would cut its dividend has been hanging over the stock price since the company announced one of the ugliest quarters I’ve seen in a while on January 26. No question why. Intel’s adjusted free cash flow was a negative...
Adding Equinor as another energy play to my Jubak Picks Portfolio tomorrow
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...
Microsoft launches AI-enhanced version of its search engine Bing; Google responds with Bard
This isn’t exactly unexpected. Microsoft (MSFT) today unveiled new versions of its Bing search engine and Edge browser powered by the newest artificial intelligence technology from ChatGPT maker OpenAI. Microsoft recently invested $10 billion in OpenAI. “This...
General Motors reports record revenue in fourth quarter and big beat on earnings
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...
Please Watch My New YouTube video: Quick Pick Sell MGM
On Friday I posted my two-hundred-and-twentieth YouTube video: Quick Pick Sell MHGM This week’s Quick Pick is a little different. Normally my Quick Picks are long (buys) but this one is a short (sell). This is a reaction to the terrible Covid outbreak in China...
Freyr Battery announces sale of 20 million shares to raise capital for its Georgia gigafactory (and other manufacturing expansion)
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...
Please Watch My New YouTube Video: Quick Pick BUD
Today I posted my two-hundred-and-fourth YouTube video. This week’s Quick Pick is Anheuser-Busch Inbev (NYSE: BUD). Beer is a good counter-cyclical consumer good because demand for beer doesn’t really go down during a recession. Anheuser-Busch is a...
Coca-Cola: Can you say pricing power?
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...
Adding General Motors to my Jubak Picks Portfolio today
Yesterday I added General Motors to my 10 Perfect Stock Picks Special Report on my subscription JubakAm.com site. (If you want to subscribe, you probably got a 20% off offer in your email today.) Here’s what I wrote in that Special Report on the buy. My #4 Pick...
Costco demonstrates strength in a very tough environment; keeping it as a portfolio pick
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...Jim’s Daily Email Alerts:
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