EQNR

Special Report: It’s a new world for dividend income investors: 3 trends (all now posted here) and 10 picks (first 9 picks now posted PFE, BEPC, NKE, EQNR, V, HON, T, VZ, and RTX)

Special Report: It’s a new world for dividend income investors: 3 trends (all now posted here) and 10 picks (first 9 picks now posted PFE, BEPC, NKE, EQNR, V, HON, T, VZ, and RTX)

Let’s say you’re a dividend income investor. You need cash income in retirement. Or you want your portfolio to generate cash now so you can invest in new opportunities. Or you just want the extra safety and lower risk that owning a stock with a substantial dividend can bring. Whatever your reasons–and I can think of a lot more–this is a particularly challenging financial market for dividend income investors.But I do think there are strategies dividend income investors can successfully pursue even in this challenging market. In the rest of this Special Report I’m going to explain the three ways I think you should be thinking about dividend income investing in this market. And then I’m going to give you 10 dividend stocks that I think are especially well-suited to producing income (and price appreciation, which is always nice even if you’re an income investor) in this market environment. First pick just posted–Pfizer

Sunday’s surprise OPEC+ sends oil and oil stocks higher Monday (with slight retreat today)

Sunday’s surprise OPEC+ sends oil and oil stocks higher Monday (with slight retreat today)

Today the prices of oil and oil stocks have soared. At 11:20 a.m. New York time U.S. crude benchmark West Texas Intermediate was up 5.37% to $79.73 a barrel. International benchmark Brent crude was higher by 5.24% to $84.08 a barrel. Among oil stocks, Pioneer Natural Resources (PXD) was up 3.53%; ExxonMobil (XOM ) was up 5.48%; Chevron (CVX) was up 3.73%; Equinor (EQNR) was up 5.91%; and ConocoPhillips (COP) was up 7.79% The U.S. Oil Fund (USO) was higher by 5.40%.

Adding Equinor as another energy play to my Jubak Picks Portfolio tomorrow

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. If you’re looking to add an energy stock to your portfolio ahead of a year that looks likely to be a good one for energy stocks, I’d suggest Equinor. I’ll be adding it to my Jubak Picks Portfolio tomorrow with a target price of $40 a share.

Please Watch My New YouTube Video: Trend of the Week Seasonal Trends in Energy

Please Watch My New YouTube Video: Trend of the Week Seasonal Trends in Energy

Today I posted my one-hundred-ninety-sixth YouTube video: Trend of the Week Seasonal Trends in Energy. This week’s Trend of the Week: Seasonal Trends in Energy. There’s a predictable pattern in oil and natural gas prices. In late fall, October to November, you can expect a deep dive to begin and carry on through the winter, with a sharp rise in March and early spring. You can see this trend looking at previous years in the United States Oil Fund (NYSEARCA: USO) and the United States Natural Gas Fund, LP (NYSEARCA: UNG). Right now, we’re heading into that dip in energy prices but you should not sell – in fact, you should be adding to these positions. This seasonal fall in energy prices will allow you to get ahead of the spring bounce. Europe’s energy supply is enough to get through the upcoming winter but, in March, as they look toward next year’s supply, they’ll need to start rebuilding inventories in a market strained by the war in Ukraine, cuts in production, and a hostile OPEC. Stateside, the US Energy Information Administration is projecting record production from the Permian Basin of Texas and Oklahoma, as well as record production of natural gas this year. Even though we’re not seeing a whole lot of capital expenditure, they’re uncapping wells and pumping them harder. Look at USO and UNG as ETF oil and natural gas buys For individual stocks I’d look at Pioneer Natural Resources (NYSE: PXD), ConocoPhillips (NYSE: COP), and EQUINOR (NYSE: EQNR)–all of which I own in portfolios and have no intention of selling anytime soon.

Part 2 Saturday Night Quarterback (on a Sunday) says, For the week ahead expect…

Part 2 Saturday Night Quarterback (on a Sunday) says, For the week ahead expect…

Earnings. Earnings. And more earnings. From the big bellwether technology stocks: Apple, Amazon, Microsoft, Meta Platforms, and Alphabet. Wall Street has already slashed earnings forecast for these stocks so there’s a good chance these companies will report earnings that surpass expectations even if only by a few pennies. By and large, though, these reports will show either an absolute drop from the September quarter of 2021 or, at best, a slowing of revenue and earnings growth. Key to the market’s reaction will be what these companies say about expectations for the next quarter or two. Will they emphasize what are already clear slowdowns in PC and smartphone sales? Will they speak to the elephant in the room–the U.S/China trade war? Will they say that a strong dollar plus inflation is cutting into sales outside the United States and U.S. sales to domestic customers who are showing signs of “price fatigue”?

Bad day for consumer stocks; good day for commodity shares

Bad day for consumer stocks; good day for commodity shares

The Conference Board’s latest reading on consumer confidence showed consumer expectations in June fell to their lowest level since 2013. The consumer confidence index for June fell to 98.7 from 103.2 in May, below expectations for a reading of 100. The report’s expectations index, which is based on consumers’ short-term outlook for income growth, the job market, and overall business conditions, fell to 66.4, its lowest reading since March 2013.

Natural gas prices soar–no summer slump in prices this year thanks to war in Ukraine

Natural gas prices soar–no summer slump in prices this year thanks to war in Ukraine

Normally at this time of year natural gas prices retreat and companies actually stash natural gas in storage for use durin hurricane outages in the fall and winter heating season. Not this year, however. Today natural gas prices in the U.S. hit a new 18-year high. At 11:20 a.m. New York time natural gas for June delivery climbed to $8.08 per million BTUs, up 8.12% on the morning

Natural gas prices soar–no summer slump in prices this year thanks to war in Ukraine

Russia’s Gazprom stops natural gas flows to Poland; natural gas prices in Europe spike 17%

Russia’s Gazprom has told Poland’s government that it will stop supplying natural gas to Poland beginning on Wednesday after Poland refused to pay the supplier in roubles. Western sanctions have made it almost impossible for Russian companies to collect payments in dollars or euros. The decision to stop natural gas supply to Poland also followed on the country’s announcement on Tuesday that it was imposing sanctions on 50 entities and individuals including Russia’s biggest gas company. Polish ministers told a press conference that Poland had sufficient supplies of gas to weather the interruption

Another round of higher oil prices headed our way

Another round of higher oil prices headed our way

Today, April 21, reports from a number of different sources are pointing to lower oil production–which will mean higher oil prices. Even from current levels. And oil prices are significantly higher in the past three weeks. At 3:00 p.m. New York time today U.S. benchmark West Texas Intermediate traded at $103.44 a barrel, up 1.61% on the day. On April 11 West Texas Intermediate traded for just $94.29 a barrel.

Stocks rally on bad inflation news in the morning and then give it all back (on second thoughts) in the afternoon

Stocks rally on bad inflation news in the morning and then give it all back (on second thoughts) in the afternoon

As of noon New York time today, April 12, the Standard & Poor’s 500 was up 0.47% and the Dow Jones Industrial Average had gained 0.34%. The NASDAQ Composite was higher by 0.73% and the NASDAQ 100 had moved up by 0.67%. The small cap Russell 2000 had tacked on 1.49%. And then by the close stocks had given up all these gains and more. For the day, the S&P 500 closed down 0.34% and the Dow was off 0.26%. The NASDAQ Composite ended lower by 0.30% and the NASDAQ 100 was down 0.36%. The small cap Russell 2000 managed to close up 0.33% on the day.