Jubak Picks
March 23, 2022 | Daily JAM, DJP, Jubak Picks, Morning Briefing, Volatility |
How does the lyric go (as sung by Albert King)? “If it wasn’t for bad luck, I would have no luck at all.” Maybe that song should be the theme song for the global food market right now. This month China’s agriculture minister Tang Renjian told colleagues at a high-profile government meeting in Beijing this month: “China faces big difficulties in food production because of the unusual floods last autumn. Many faming experts and technicians told us that crop conditions this year could be the worst in history.”
March 21, 2022 | AA, Daily JAM, Jubak Picks, Stock Alerts |
Australia has banned alumina shipments to Russia in response to the Russian invasion of Ukraine. The country is the source of 20% of the alumina used by Russia’s aluminum industry. Aluminum rose as much as 4.8% on the London Metal Exchange.The metal is now 25%for 2021. Shares of Alcoa (AA), which have been on a tear first on news of supply deficits and then on sanctions against Russian aluminum producers, gained 10.01% on Monday, March 21.
March 18, 2022 | Daily JAM, Jubak Picks |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My one-hundredth-and fifteenth YouTube video “Quick Pick Booking Holdings” went up today. This week’s Quick Pick is Booking Holdings (BKNG), the company that owns Priceline, Booking.com, Kayak, and a host of other travel booking sites. If you watched my video from yesterday, you’ll know I’ve been thinking about stocks to buy for the summer boom in travel. I think BKNG is a great story for that reason. They are major player in travel booking both domestically and internationally, with 30% of online travel bookings in the United States. Plus, since inflation will continue to stick around this summer (at least), bargain and discount sites will have even more users as travelers try to save money on trips.
March 16, 2022 | Daily JAM, FXI, Jubak Picks, Morning Briefing, Perfect Five-ETFs, TCEHY, Top 50 Stocks |
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.
March 15, 2022 | Daily JAM, Jubak Picks, Morning Briefing |
Oil prices collapsed. And airlines reported better than expected pick up in traffic. So airline stocks soared with the most stressed operators showing the biggest gains in their shares. Delta Air Lines (DAL) closed up 8.70% on the day. United Airlines (ULA) picked up 9.19%. And American Airlines (AAL) gained 9.26%.
March 11, 2022 | AAPL, Daily JAM, Jubak Picks, Long Term, Videos |
This week, my Quick Pick is Apple (AAPL). I wrote a post about a month ago, saying that Apple would be a stock to buy place ahead of its new product event on March 9 (and the traditional fall announcement of more new products.). And I think the reveal yesterday had promising new products likely to boost sales. There’s a new iPad Air, an improved iPhone SE (the cheapest iPhone), and new generations of Mac computers all with Apple’s new in-house M1 chip. The stock has fallen a bit so far this year, but hasn’t been hammered as much as other tech stocks, and I think the potential for huge sales of these new items make it a good holding over the next year.
March 8, 2022 | Daily JAM, Jubak Picks, Top 50 Stocks |
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 many key products.
First, the Pandemic took a hammer to the complicated logistical systems required to get Commodity A to Sub-assembler B in order to make Consumer good C that would show up for sale around the world. Just in time inventory, it turned out, didn’t work very well when nothing arrived on time. Second, the Russian invasion of Ukraine has–or at least it should have–reminded us that global supply chains can resemble Whack-A-Mole.
March 7, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, Morning Briefing, PXD, Top 50 Stocks |
I suppose there is something else that could add to the supply of bad news today on oil supply, but we’ve already got a full dance card At 2 P.m. in New York U.S. crude benchmark West Texas Intermediate traded up 5.07% to $121.55 a barrel; international benchmark Brent crude was up 6.24% to $125.48 a barrel. Where to start?
March 4, 2022 | Daily JAM, DAL, Jubak Picks |
As far as I’ve been able to discover, it was a research note from Wolfe Research that began the negative “rethink.” Wolfe forecast that the airlines including United Airlines (UAL) and American Airlines (AAL) were burning cash so fast because of the jump in the cost of jet fuel that they might need to sell stock to secure more liquidity.. The worry isn’t outlandish. Oil broke above $115 a barrel (for U.S. West Texas Intermediate) today and JPMorgan Chase and Goldman Sachs have both recently projected that crude could rise to $185 a barrel by the end of 2022. Today shares of American Airlines (AA) were off 7.13%. United Airlines (UAL) dropped 9.07%. And Delta Air Lines (DAL) was down 5.63%.
March 4, 2022 | Daily JAM, Jubak Picks, Videos, YARIY |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My one-hundredth-and ninth YouTube video “Quick Pick Yara International” went up today. This week, my Quick Pick is Yara International (YARIY), a Norwegian producer of fertilizer. In yesterday’s video I recommended adding exposure to agricultural commodities to your portfolio as the Russian invasion of Ukraine rumbles on. I like Yara because of that short-term story as well as its long-term focus on green agriculture and decarbonizing the food chain using Norway’s supplies of hydropower to produce green ammonia. I added the stock to my 2-18 month Jubak Picks Portfolio on January 18. It was down 14% since then as of the close on March 4.
March 2, 2022 | Daily JAM, F, Jubak Picks, Millennial, Stock Alerts |
Shares of Ford Motor (F) were up 7.01% as of noon on Wednesday, March 2, on news that the company would reorganize its auto operations into two distinct businesses—one that makes its gasoline-powered vehicles and and another that produces electric vehicles. But, the company said, it has no plans at the moment to spin off the electric vehicle business.
February 28, 2022 | Daily JAM, Jubak Picks, S, Stock Alerts |
You didn’t expect Russian President Vladimir Putin to just shrug at Western sanctions that now include theU.S. Treasury clamping serious restrictions on Russia’s central bank, did you? Putin has banned all Russian residents from transferring hard currency abroad, including for servicing foreign loan contracts. Russia has $478 billion in external debt. Much of that is now in danger of default. (It’s not clear to me how this helps the Russian economy. Anyone want to lend or do business with a country that says, “Hey, forget about getting paid?) Today in New York trading, it’s clear that U.S. traders and investors don’t think these moves are Putin’s last. Cybersecurity stocks are soaring. And why not since Russia and it hacker gangs are about to demonstrate exactly why everybody needs to buy more security software. Which is why I’m adding shares of SentinelOne to my Jubak Picks Portfolio today.
