March 4, 2022 | Daily JAM, DAL, Jubak Picks |
As far as I’ve been able to discover, it was a research note from Wolfe Research that began the negative “rethink.” Wolfe forecast that the airlines including United Airlines (UAL) and American Airlines (AAL) were burning cash so fast because of the jump in the cost of jet fuel that they might need to sell stock to secure more liquidity.. The worry isn’t outlandish. Oil broke above $115 a barrel (for U.S. West Texas Intermediate) today and JPMorgan Chase and Goldman Sachs have both recently projected that crude could rise to $185 a barrel by the end of 2022. Today shares of American Airlines (AA) were off 7.13%. United Airlines (UAL) dropped 9.07%. And Delta Air Lines (DAL) was down 5.63%.
March 2, 2022 | Daily JAM, F, Jubak Picks, Millennial, Stock Alerts |
Shares of Ford Motor (F) were up 7.01% as of noon on Wednesday, March 2, on news that the company would reorganize its auto operations into two distinct businesses—one that makes its gasoline-powered vehicles and and another that produces electric vehicles. But, the company said, it has no plans at the moment to spin off the electric vehicle business.
February 18, 2022 | AA, Daily JAM, Jubak Picks |
Today I’m adding shares of Alcoa (AA) to my Jubak Picks Portfolio. At 3:10 p.m. today, February 18, the shares were up 2.01% on the day. My target price for the shares is $93. The pick is a short-term hedge against sanctions against Russia if the Ukraine/Russia conflict escalates further. Russia supplies 6% of the world’s aluminum and I’d expect European and U.S. sanctions to hit those exports. The pick is longer term bet on the continued rise in demand for aluminum and a continued and growing shortage of supply.
February 17, 2022 | ALB, AMAT, Daily JAM, Jubak Picks, Millennial, NVDA, Top 50 Stocks |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My one-hundredth-and second YouTube video “Strong hands vs. hot hands” went up today. Today I’m looking at a few stocks that exemplify what most experienced traders know: some hands are steady, and some are not. So when Nvidia announced this week that it expected to see supply chain issues (despite beating earnings and raising guidance), the stock fell. Similar things happened to chip-making equipment supplier Applied Materials and Albemarle, the lithium maker. I’m taking this opportunity to add some of these stocks into my portfolios. What about you?
February 16, 2022 | Daily JAM, GNRC, Jubak Picks |
Shares of Generac Holdings (GNRC), a maker of backup power systems, are up 14.05% at 3:45 p.m. New York time today, February 16, after the company reported fourth quarter earnings of $2.51 a share after the market close on Tuesday. Revenue hit $1.06 billion. Wall Street had been expecting earnings of $2.42 a share and revenue of $1.02 billion. For the full 2021 fiscal year net sales climbed 50% to a record $3.75 billion. Adjusted earnings were $9.63 a share. But it was guidance for 2022 that popped the stock.
February 9, 2022 | Daily JAM, DIS, Jubak Picks, Top 50 Stocks |
So much for fears the Disney (DIS) would follow the disappointing course plotted by Netflix (NFLX) and report disappointing numbers for new subscriptions to its Disney Plus streaming service. For the December quarter, the company’s first quarter of fiscal 2022, Disney Plus added 11.8 million subscribers, easily beating analyst projections for 7.3 million new subscribers.
February 7, 2022 | Daily JAM, Morning Briefing |
The Independent Commodity Intelligence Services published its supply/demand outlook for liquified natural gas today, Monday, February 7. The conclusion: Higher supply deficits for 2022 despite the addition of 24 million tons of LNG capacity in 2021. ICIS projects that supplies will increase by just 5.3 million tons in 2022. Demand is forecast to increase by 13.8 million tons.
February 7, 2022 | Daily JAM, Jubak Picks, XYL |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My ninety-seventh YouTube video “QuickPick Xylem Update” went up today.
February 3, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, PXD, Volatility, XLE |
U.S. crude benchmark West Texas Intermediate rose above $90 a barrel–it closed at $90.87, up 0.60% for the day, for the first time since 2014. International benchmark Brent crude gained 0.42% to close at $91.53 a barrel. Of course, it took a wild confluence of events to push prices above $90.
February 1, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, PXD, Stock Alerts, Volatility |
OPEC+ meets tomorrow and the oil cartel and friends like Russia is expected to approve an increase in production that will reduce last year’s cuts in production. But the odds are that the decision won’t matter.
January 31, 2022 | Daily JAM, Jubak Picks |
As the last act of my Special Report: When will the selling stop? When to buy? What to buy? I added Apple (AAPL) an Chipotle Mexican Grill (CMG) to my Jubak Picks Portfolio on January 26. I just want to make sure that you caught those buys.
January 31, 2022 | Daily JAM, DAL, 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.
