Special Report: 10 Great Growth Stocks that Are Getting Greater–My first 8 picks
Here are the first 8 picks for my GREATER Growth Stocks Special Report. More on the way.
Please Watch My New YouTube Video: Quick Pick First Quantum Minerals
This week’s Quick Pick is First Quantum Minerals (FQVL). I’ve talked about copper as an equity kicker in gold mining stocks in a previous video. Barrick, a huge gold producer, is also a significant copper producer and is looking to expand its copper production. The company is currently in “informal talks” with First Quantum Minerals. Year to date, First Quantum Minerals is up 21% and 34% in the last three months, so it definitely shows good short-term momentum. In the long term, copper demand will see tremendous growth in the global climate change economy, including in electric vehicle production. The other benefit here is copper and, of course, gold is a good hedge against inflation which I predict will continue higher than the Federal Reserve and consumers would like for quite some time. Put copper, with its growth potential, together with gold, with its role as an inflation hedge, in one mining stock and you’re starting to look at something good.
It doesn’t look good in America’s corn fields
Acres that U.S. farmers were unable to plant have more than tripled from the same period last year as extreme weather wreaks havoc on fields, according to the August report from the Farm Service of the U.S. Department of Agriculture. Prevented planting acres–or the acres of insured crops that can’t be planted because of disasters including flooding and drought–stood at 6.4 million. That’s up from 2.1 million in 2021. Prevented planting acres of corn jumped to more than 3 million acres, from 639,000 acres in 2021, according to the USDA. Wheat shot up to more than 1 million acres from nearly 300,000 acres last year. Not surprisingly grain prices have climbed–and so have the prices of commodity funds. The Teucrium Corn Fund ETF (CORN) is up 4.01% today, August 23, as of noon New York time. The ETF is a member of my Volatility Portfolio where it’s down 8.45% since I added it on June 17, 2022. The Teucrium Wheat Fund ETF (WEAT) is up 2.58% as of noon today. That ETF is a member of my Jubak Picks Portfolio. It’s down 27.26% since I added the position on May 25, 2022.
What to sell in a Bear Market rally–and two sells for Monday, Omnicom and Alcoa
I ended my recent post “This looks like the Bear Market rally I’ve been waiting for” on my subscription JubakAM.com site by saying “Enjoy the ride but look to sell shares of companies that look most exposed to the return of recession/high interest rates/inflation worries. That post had been up for all of 18 minutes before I got the perfectly reasonable question “Like what?” And I promised an answer so here are my preliminary thoughts on what I’d look to sell in a Bear Market rally
Natural gas, corn, and wheat lead commodities higher today
At the close today, July 26, the Teucrium Corn Fund (CORN) was up 2.55% and the Teucrium Wheat Fund (WEAT) was ahead 4.11%. Both of those commodity plays outgained the U.S. Natural Gas Fund (UNG) with its 1.38% move higher. But for consistent gains–and the potential for more–I’d have to say that natural gas is my favorite commodity.
(September 5 update) Special Report: Your Best Investment Strategy for the Next 5 Years: Part 1 (Why it’s different this time), Part 2 (An investment calendar), and the complete Part 3 (strategies and picks through 2027)
It is different this time: Part 1 and Part 2 of my Special Report: Your Best Investment Strategy for the Next 5 Years. And finally the full Part 3 with strategies and picks for the 5-year period including the “out” years. It’s likely to “be different this time” for the next five years or so. And you need an investment strategy for that period.
Please watch my new YouTube video: Quick Pick U.S. Natural Gas Fund
My one-hundredth-and-thirty-first YouTube video “Quick Pick: U.S. Natural Gas Fund” went up today. Natural gas hit an 18-year high in the United States on Thursday, May, even as oil was sliding. Consequently I’m looking for a pick that focuses on natural gas and not oil: my pick this week is United States Natural Gas Fund (UNG). I’ll use today’s drop in the price of natural gas and the 8.04% decline in UNG to add this pick to my Volatility Portfolio on Monday. I think that we’re going to see even higher gas prices as the war in Ukraine (and sanctions against Russia) grind on and as everyone rushes to build stock piles ahead of the inter heating season.
Estimates of Ukraine grain exports cut again
Ukraine’s corn exports will drop by another 4.5 million tons to 23 million tons and wheat exports by 1 million tons, according to the U.S. Department of Agriculture’s closely watched World Agricultural Supply and Demand Estimates, or WASDE. World wheat stockpiles were revised down to 278.4 million tons. That’s below expectations. The problem isn’t a lack of supply. In corn, for example, Ukraine has huge stockpiles. But the war with Russia has shut normal export routes across the Black Sea. The expected shortfalls are putting severe upward price pressure on supplies from other producers
Buying Bloomberg Agricultural Commodities ETN for Jubak Picks on Monday
With the war in Ukraine continuing its horrible grind and with economic sanctions imposed on Russia by the United States and Europe including more and more of the global economy, I’ve been looking for ways to invest in higher commodity prices. My steps have included buying oil and natural gas stocks back at the end of January and adding the iPath Bloomberg Commodity ETN (DJP) back on a few days ago on March 23. That’s given me good exposure to trends pushing energy prices higher, but I also want to include more exposure to higher agricultural prices. So I’m adding the iPath Series B Bloomberg Agriculture Total Return ETN (JJA) to my Jubak Picks Portfolio
Commodity stocks soar on Monday–everything else? Meh
Monday was a great day to be invested in stocks. As long as you were invested in commodity stocks.
Australia ban on alumina shipments to Russia keeps aluminum rally hot
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.
Please watch my new YouTube video: Quick Pick Yara International
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.
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