Stock Alerts
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 4, 2022 | Daily JAM, Stock Alerts, Volatility |
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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.
February 16, 2022 | Daily JAM, NVDA, Stock Alerts, Top 50 Stocks |
After the close today, Nvidia (NVDA) reported fourth quarter earnings of $1.32 a share (versus analyst projections of $1.22) and revenue of $7.6 billion (versus expectations for $7.42 billion). As of 4:45 the stock has trading down $1.09 in the after-hours market. In my opinion that’s likely a result of a big run up in the stock before earnings. The stock gained 11% from February 11 through the close today, February 16. From January 27, a low in the recent downturn in Nvidia shares, to today’s close the shares are up 21%.
February 1, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, PXD, Stock Alerts, Volatility |
OPEC+ meets tomorrow and the oil cartel and friends like Russia is expected to approve an increase in production that will reduce last year’s cuts in production. But the odds are that the decision won’t matter.
January 26, 2022 | Daily JAM, Jubak Picks, MSFT, Stock Alerts, Top 50 Stocks |
The reaction to Microsoft’s (MSFT) earnings report yesterday after the market close tells you that this market is poised at an earnings inflection point. Earnings, especially technology company earnings, are going to be strong this quarter, but earnings growth rate will be down from the big Pandemic recovery growth rates of 2021. Will the solid earnings growth this quarter be enough to stabilize this market? Which brings me to Microsoft.
January 12, 2022 | Daily JAM, FQVLF, Millennial, Stock Alerts |
Copper prices rose 3.54% on the London Metals Exchange today to $10,064 a metric ton. And that looks like just the beginning of a classic commodity run based on supply shortages in the copper industry and increases in demand from growth in electric cars and renewable energy technologies. Inventories at the London Metals Exchange now sit at multi-year lows. Goldman Sachs recently increased its forecast for copper to $12,000 a metric ton and sees a 20% upside for copper in 2022. Bank of America recently put a $20,000 price target on copper by 2025. Today, January 12, copper stocks were on the march.
January 12, 2022 | Daily JAM, Jubak Picks, Stock Alerts, WFC |
Wells Fargo (WFC) is scheduled to report fourth quarter 2021 earnings on Friday, January 14. The bank is expected to be one of the few big money center banks to show a significant increase in earnings for the lat quarter of 2021 from the fourth quarter of 2020 (when numbers were elevated by a big recovery from the Pandemic bottom.) The Wall Street consensus projects fourth quarter earnings of $1.09 a share, up from 64 cents a share in the fourth quarter of 2020. (I’d note that the bank has delivered a positive earnings surprise above analyst projections in the last 4 quarters.) This is a good time to buy bank stocks.
January 4, 2022 | Daily JAM, F, Jubak Picks, Stock Alerts |
As of the close in 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 stock.
December 30, 2021 | Daily JAM, Long Term, Stock Alerts, Top 50 Stocks |
We’ve got just two more trading sessions left in 2021. And then it’s on to 2022. Which means you should have wrapped up–or making any last minute sells–to harvest tax losses from 2021 in the next day or so. Of course, being the tax-savvy investor that you are, you have postponed taking profits on big winners in 2021 until 2022. (I’ll have an update on January profit-taking in the week after New Years.)
December 8, 2021 | Daily JAM, JCI, Long Term, Stock Alerts, Top 50 Stocks |
Johnson Controls International (JCI) raised its quarterly dividend to 34 cents a share, a 26% increase, effective with the dividend payment payable on January 14, 2022. (The record date for owning the shares in order to collect the dividend is December 20, 2021.)
