June 22, 2023 | Daily JAM, FQVLF, Mid Term |
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.
March 8, 2023 | Daily JAM, FQVLF, Millennial, SCCO |
First Quantum Minerals (FQVLF) has reached an agreement on a new concession contract with Panama’s government over its huge Cobre Panama copper mine. The agreeent, assuming tht a final signing goes ahead, would end a months-long dispute that has halted ore processing and export shipments. The Cobre Panama mine accounted, before the dispute, for 1.5% of global copper production.
October 5, 2022 | Daily JAM, FCX, FQVLF, SCCO |
Copper gained after the London Metal Exchange said it will restrict new deliveries of the metals from Russia’s Ural Mining & Metallurgical Co. and one of its subsidiaries.
October 3, 2022 | Daily JAM, Jubak Picks, Millennial, Special Reports, Top 50 Stocks, Volatility |
Is there such a thing as a perfect stock? Depends. Not a chance, if you mean a stock that will be perfect in every market for every time period. No way, if you mean a stock that will go up steadily from the day you buy it. Nah, if you mean a “Buy and Hold Forever Stock.” But there are stocks that are “perfect” for a specific kind of market. And there are stocks that are “perfect” for a specific holding period. And there are stocks that are “perfect” for investors with a specific portfolio goal. And in this Special Report, I’m going to give you 10 of those Perfect Picks.
August 1, 2022 | Daily JAM |
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
May 17, 2022 | ALB, Daily JAM, DAL, DE, DIS, FQVLF, Long Term, MRVL, NVDA, PFE, SCCO, USB, Volatility |
In my weekend Saturday Night Quarterback I said that this week would, probably, answer the question of whether Friday’s big bounce was just a bounce, the start of a buy on the dip rally, or even a bear market rally with a bit of staying power. Two days into the week I think the market action is moving in favor of a bear market rally, one of those often quite powerful upside moves that punctuate extended bear markets.
May 9, 2022 | Daily JAM, FQVLF |
With copper and nickel prices near all-time highs and fears that the rapid growth of production of battery-powered cars would result in a severe nickel shortage, on Sunday First Quantum Minerals (FQVLF) announced that t would expand it Kansanshi copper mine in Zambia and begin work on the new open pit nickel Enterprise mine.
May 2, 2022 | CMI, Daily JAM, DNNGY, ES, FQVLF, JCI, LICY, Long Term, SCCO, Special Reports, Top 50 Stocks |
All you have to do to find the high profits that will make the risk of investing in climate change stocks worthwhile is to focus on sectors (1) where the rewards are solid and the risk is quantifiable, (2) where companies are making profit the old-fashioned way by building out networks and then charging high rents to use them, by (3) carefully targeting a few technologies (wind and solar and hydrogen and electric cars) that will be part of any mix of solutions, and (4) by investing in bottlenecks that are likely to drive prices up (and provide good profits for companies that resolve the bottleneck.
January 17, 2022 | Daily JAM, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My eighty-ninth YouTube video “Trend of the Week: A new commodity super cycle” went up today.
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.
October 13, 2021 | ALB, CRWD, Daily JAM, FQVLF, OKTA |
If you look only at the major indexes, today was a mildly positive day. The Standard & Poor’s 500 closed up 0.30%, although the Dow Jones Industrial Average was flat. The NASDAQ Composite gained 0.73% at the close and the NASDAQ 100 added 0.77%. The small cap Russell 2000 ended ahead 0.34%. But take a look at some of the frankly outlandish gains in the market’s hottest sectors. It’s not difficult to find gains of 5% or more today
October 7, 2021 | Daily JAM |
Stocks climbed today on news that Republicans in the Senate had agree to suspend the debt ceiling until December. That puts off a potential “selective” default by the U.S. government until that month. Stocks, especially those with China exposure, also rallied on news today that China’s president Xi Jinping would meet with U.S. President Joe Biden before the end of the year. The assumption is that the two leaders would be able to take some of the current tension out of the U.S.-China relationship.
