Long Term
November 18, 2024 | Daily JAM, Long Term |
The internationally agreed goal to keep the world’s temperature rise below 1.5C is now “deader than a doornail.” Climate scientists say that 2024 is almost certain to be the first individual year above this threshold.Three of the five leading research groups monitoring global temperatures consider 2024 on track to be at least 1.5C (2.7F) hotter than pre-industrial times. That would make 2024 the hottest year on record, beating the 2023 record. The past 10 consecutive years have already been the hottest 10 years ever recorded. This hasn’t stopped world leaders gathered in Baku from talking about how to achieve this goal.
October 30, 2024 | Daily JAM, LAC, Long Term, Millennial, Stock Alerts |
Yesterday, Lithium Americas (LCA) announced that it had closed a $2.26 billion loan from the U.S. Department of Energy’s Loan Programs Office under the Advanced Technology Vehicles Manufacturing Loan Program. The funding is earmarked for the construction of processing facilities at the Thacker Pass lithium project in Humboldt County, Nevada. Thacker Pass is currently North America’s largest known lithium resource. The stock jumped almost 5% yesterday on the news. It fell 8.87% today to $4.11 a share. Lithium Americas is a member of my Millennial Portfolio.
October 14, 2024 | Daily JAM, Long Term, Special Reports |
Let’s talk today about the changes that global climate change is creating in our capital markets and on the very structure of current capitalism. Part One of this Special Report will look at the nature of the changes. Part Two, later this week, will look at specific implications for your portfolio. Hurricanes Helene and Milton are the perfect case study for the coming changes in capital markets and capitalism.
October 6, 2024 | ALB, Daily JAM, Jubak Picks, LAC, Long Term, Volatility |
Shares of lithium market leader Albemarle (ALB) rose 8.25% on Friday to close at $102.O9 on speculation in Australia that mining giant Rio Tinto (RIO) will pursue a major lithium deal with Albemarle cited as a possible target. Shares of Arcadium Lithium (ALTM), Lithium Americas (LAC) and Sociedad Quimica y Minera (SQM) also jumped, +10%, +7.1% and +3.1%, respectively. The speculation makes sense to me.
September 17, 2024 | Daily JAM, Jubak Picks, Long Term, MSFT, Stock Alerts, Top 50 Stocks |
Microsoft (MSFT) raised its quarterly dividend by 10% and unveiled a new $60 billion stock-buyback program, matching the size of a repurchase plan three years ago. Shares were up as much as 2.4% today, September 17, before closing ahead 0.87%.
September 16, 2024 | Daily JAM, Long Term, Morning Briefing, NVDA, Volatility |
I think of Nvidia (NVDA) as this market’s warning indicator; it’s the canary in a coal mine; the bird that will die first if dangerous gases start to build up. So, yes, it’s important that Nvidia shares plunged from $134.91 on July 10 to $98.91 on August 7. And again from $128.83 on August 28 to $102.83 on September 6. But the shares are up again–15.83% last week–to $116.78 This canary seems to be sending a rather more complicated message than “Look I’m dead! See my feet in the air?” What’s the message, though?
September 12, 2024 | Daily JAM, Long Term, Morning Briefing, SCCO, Stock Alerts, Top 50 Stocks |
China’s copper imports in August dropped by 12.3% from the previous year, preliminary official Chinese customs data showed on Tuesday, September 10. It’s yet another sign that the slowdown in Chinese economy is rippling out into the global economy.
August 18, 2024 | Daily JAM, Long Term |
Starting tomorrow, Monday, August 19, China’s stock exchanges will stop releasing daily data on overseas fund flows. The move means that investors won’t be able to track flows into and out of China’s $8.3 trillion market comes as all data so far point to China’s first yearly outflow from equities in 2024 since 2016. foreign funds have steadily withdrawn money from the market, taking the year-to-date tally to negative as of Friday. The move is intended, it looks like, to prop up the market by reducing volatility induced by short-term data and turn investor focus to longer-term indicators. I doubt that’s how it will work
June 25, 2024 | Daily JAM, Long Term, Morning Briefing, NVDA, Stock Alerts, Top 50 Stocks |
I think there are reasons to worry about Nvidia’s valuation and its ability to continue to generate revenue and earnings growth at a pace that would support a forward price to earnings ratio above 40, but I think those re worries for 2025. In 2024, I don’t see anything that disrupts the AI boom story. Over the next six months or so I’d like to be buyer, especially id I can get the shares on a temporary drop. So yesterday’s drop to $118 was a promising development. There was technical support at the 50-day moving average near $100 so there was a chance the stock would move lower. Today, Tuesday, June 25, though, shares of Nvidia rallied, closing ups 6.76% at $126.09. This doesn’t mean the drop is over or the opportunity is lost,
June 20, 2024 | Daily JAM, Long Term, Morning Briefing, Special Reports, Stock Alerts, Top 50 Stocks |
I’d buy Broadcom even at this price as one of my three core AI stocks from the current generation of leaders. I’m adding it today to my long-term 50 Stocks Portfolio.
June 12, 2024 | Daily JAM, Long Term |
To no one’s surprise, the Federal Reserve left its benchmark interest rate unchanged today, June 12, at a two-decade-high of 5.25% to 5.5%. But that doesn’t mean there wasn’t drama as a result of todays decision.
June 5, 2024 | AMAT, ASML, Daily JAM, Long Term, Mid Term, Special Reports, Top 50 Stocks |
This Special Report; Trade War! Trade War! gives you my recommendations for what to sell, where to take profits, and where to trim as seen through the lens of a likely global trade war. Here are my choices with my first 3 sells
