Ford gains on doubling of production target for electric F-150 pickup
Shares of Ford Motor (F) are up 3.02% as of 3:15 p.m. New York time today, August 24, on news that the company has doubled its production target for the F-150 Lightning because of strong early demand for the full-sized electric pickup truck ahead of its 2022 launch. The automaker is targeting annual production of more than 80,000 in 2024, up from its prior target of more than 40,000.
Take that Ford: GM will boost spending on electric and autonomous vehicles by 30% through 2025
General Motors (GM) will boost global spending on electric and autonomous vehicles to $35 billion through 2025. That’s a 30% jump over its last spending plan, Reuters reported today.
Adding Ford to my Jubak Picks Portfolio
Today I made Ford (F) my fifth pick for a falling market in my Special Report: Five Picks and Five Hedges for a Falling Market on my JubakAM.com subscription site. Some of the logic of that pick is laid in n more detail in the Special Report. With momentum stocks showing signs of flagging, I think adding more value stocks or special situations with very specific growth “events” set to trigger a cascade of good news is indicated. In the case of Ford the company is building good momentum on its introduction of popular electric vehicles such as an electric Mustang and an electric F150 pickup truck.
Special Report: 5 Picks and 5 Hedges for a Falling Market–today’s new installment “What happens when a momentum market loses its momentum?” with my #5 stock pick
Before I get around to making the fifth and final stock pick in this Special Report: 5 picks and 5 Hedges for a Falling Market, let me take a moment to bring my survey of market conditions up to date. Where we are now has a strong influence on what stocks to own and buy and on how to hedge against any downturn. The question I’ve asked in the headline to this post is the critical one now: What happens when a momentum market loses its momentum? I think investors and traders can answer that question by just looking around them.
Saturday Night Quarterback says, For the week ahead expect…
In the week ahead earnings reports will test theories about growth in specific sectors and the economy as a whole. For example, on Tuesday, April 23, we’ll get tests of the “consumer economy” with reports from Coca-Cola (KO), Procter & Gamble (PG) and Verizon (VZ). Coke is projected to show a drop of a penny to 46 cents a share from 47 cents in the year-earlier quarter. P&G is projected to pick up 4 cents a share from the first quarter of 2018 to $1.04 and Verizon is expected to see earnings move up to $1.16 a share from $1.11. Those all set, in my opinion, hurdles that are relatively easy to jump. But the growth is already so modest that any miss could throw these big consumer stocks into a year over year earnings downturn. Which would be a bad way to start the week.Â
If you’re worried about the Credit Crunch, then Ford debt nearing junk status is a bad sign
I've written more than once about my conviction--and consequent worry--that we're headed for a global credit crunch sometime in the next three to four years. I'm looking for the kind of Minsky Moment that sees financial markets go into chaos as global liquidity...
White House announces trade deal with Mexico to replace NAFTA
If you're looking for a reason for U.S. stocks to keep climbing from current highs, this morning's event at the White House is a big deal. President Donald Trump announced that the U.S. and Mexico have reached a bilateral trade agreement that would replace the 1993...
Special Report Update: 10 Best Stocks in 10 Sectors (Finally all 10 picks)
Sorry getting all 10 picks up took so long. But this Special Report is finally done. I've been arguing for months--and in two previous Special Reports that you can find on the JubakAM.com home page, "How to Invest in a Late Cycle Market" and "5 Place to Hide in this...
Notes You Need for April 3: Declines in household net worth, Brazil elections, Apple, INTC, Eurozone manufacturing, TSLA, F, GM
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A representative item resembles this from today: “11:20 a.m.: Yesterday Bloomberg reported that Apple (AAPL) is planning to use its own chips in its Mac computers as early as 2020. Those computers currently run on Intel (INTC) chips and Apple is the source of about 5% of Intel’s revenue. The change would replace the only  major processor components designed by a company other than Apple from Apple’ products line and would give Apple control of the timelines for introducing new models rather than relying on Intel’s schedule for new processors.”
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Notes You Need for March 5: Bunge, euro, F, GM, ISM Service Index, Dodd-Frank, Bank of America, APRN, WMT, Treasury yield climbs, tariffs linked to NAFTA, Volcker Rule
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A representative item resembles this from today: “10:20 a.m.: Shares of soybean giant Bunge (BG) are up 3.75% today on a Reuters report that agricultural investor Continental Grain plans to push Bunge to a deal to sell itself to Archer Daniels Midland (ADM) or another buyer. Continental has increased its position in Bunge according to a filing with the U.S. Federal Trade Commission. Archer Daniels reported approached Bunge about a takeover in January. Last year Bunge rejected an offer from commodity trader Glencore.”
Notes You Need for January 3: Iranian protests, ocean drilling, GM, F, Grantham bubble
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical post resembles this from today: “11:20 a.m.: Truck sales bail out General Motors (GM) and Ford (F). Ford’s light vehicle deliveries rose 1.3% in December on the best year for the company’s F-Series pickup since 2005. Sales at General Motors dropped less than expected by Wall Street as sales of the Chevrolet Silverado pickup gained 25%. Industry analysts  are projecting that 2018 will be an even bigger year for trucks with the introduction of new Ram truck from Fiat Chrysler, new full-size pickups from GM, and some additions of the F-Series from Ford. More trucks in the sales mix mean higher margins for automakers.”
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