We’re about to find out how vulnerable U.S. infrastructure is to Russian cyber attacks

We’re about to find out how vulnerable U.S. infrastructure is to Russian cyber attacks

With the Russian invasion of Ukraine about to trigger another package of tougher U.S. and European sanctions, I think we can expect Russia to delver on Vladimir Putin’s promise of retaliation. The most obvious form of that will be cyberattacks on U.S. infrastructure, like the Colonial Pipeline attack, on U.S. financial systems through hacking to steal customer information and denial of service attacks, and on attacks to break into U.S. corporate networks to either paralyze those networks or to effectively put them off line. I wouldn’t rule out attacks on government infrastructure either at local, state, and national levels.

Time to add an airline stock? I’d say yes: Adding Delta to Jubak Picks

Time to add an airline stock? I’d say yes: Adding Delta to Jubak Picks

When airline stocks come off a bottom, they come off fast and big. And I think that’s what we’re going to see over the next few quarters of 2022. Which means it’s time to buy. I could be early but the extreme volatility of stocks in the sector means that if you wait too long, you’ll miss the juiciest gains. Tomorrow, February 1, I’ll be adding shares of Delta Air Lines (DAL) to my JubakPicks Portfolio with a target price of $46. That’s just below the 200-day moving average and slightly further below the March 7, 2021 high of $49.83 highlighted in my last revision of the Dip-O-Meter this morning, January, 31.

Time to add an airline stock? I’d say yes: Adding Delta to Jubak Picks

Trick or trend; American and Delta both forecast weaker traffic, faster cash burn–when will the market care?

On Friday American Airlines (AAL) said it it seeing a slowdown in demand because of surging coronavirus cases. (Again.)  And that the company now has a weaker outlook on airline bookings heading into the year-end holidays. The news from American Airlines echoes a similar warning the day before from Delta Air Lines (DAL)