Adding Parsley Energy to my Jubak Picks Portfolio
When I set out to research and write my recent Special Report Five Sector Facing Disruption That Could Crush Your Portfolio I wanted to focus on the “destruction” side of the process of “creative destruction” that makes up economic growth in...
More signs of slower growth in industrial production, cardboard shipments, truck load volume
This morning an unexpected decline in U.S. industrial production (for March) led the parade of indicators pointing to a slowing economy. Industrial production in March fell 0.1%. This comes after a 0.1% increase in February. Economists surveyed by Briefing.com had...
The Great (short-term) China Boom debate
Everybody seems to agree that things are looking up for the Chinese economy. The real disagreement is about how long this improvement might last and whether there’s any chance that the upturn might go from improvement to boom. Here’s some of the data that...
Permian goes from tepid to red hot again on Chevron bid for Anadarko
Chevron (CVX) has agreed to buy Anadarko Petroleum (APC) for $33 billion in cash and stock. On the news shares of Anadarko are up 32.5% to $61.85. Shares of Chevron are off 4.91% to $119.81.Meaured by oil and natural gas production, the deal puts Chevron neck-and-neck...
Brexit deadline extended to October 31–now what?
Leaders of the European Union gave the United Kingdom until October 31 to get a Brexit deal done. The decision was a rejection of U.K. Prime Minister Theresa May’s request for a shorter extension. European Union leaders simply didn’t believe May’s...
Making Incyte #9 on my 10 most dangerous stocks for earnings season list–and #5 on my buy on any plunge list
Today on my JubakAM.com subscription site I made Incyte #9 in my 10 Most dangerous Stocks for Earnings Season Special Report–and #5 on my Buy on Any Plunge Bonus Special Report. Here’s what I wrote: “There’s a good chance that Incyte (INCY)...
No surprises in the Fed’s minutes released today but “significant uncertainties”
According to the minutes of the Federal Reserve’s March meeting, released this afternoon, everything is on the table. Here’s a quote that sums up the thrust of the minutes, in my opinion.“Several participants noted that their views of the appropriate...
Now it’s the European Union on the trade war front lines
Just in case you were worried that global trade wars were in any danger of calming down, today you can relax. Trade hostilities with the European Union are heating up. On Monday the Trump administration said it would impose tariffs on $11 billion in imports from the...
Numbers on factory orders and durable goods show economy remains in not-too-strong, not-too-weak Goldilocks track
Business investment remained weak according to this mornings report on durable goods. Orders for non-defense capital goods excluding aircraft–a measure of business investment–remained weak in February, falling 0.1% for the month. However, shipments of...
Copper meeting bullish on projected supply deficit
The big Cesco copper conference in Santiago, Chile, has been remarkably bullish considering worries about global economic growth and the Chinese economy. That’s because there looks like a significant gap in the development of new supplies in 2019 and 2020 that...
Jobs numbers show solid but slow growth in U.S. economy
The U.S. economy added 196,000 net new jobs in March. That’s a huge increase from the 33,000 jobs added in February (revised upward from the original 20,000) and showed that the plunge in the February jobs total was an aberration. Economists surveyed by...
After the market close, Boeing CEO announces that company will cut production by ten 737 planes a month
By mid-April Boeing (BA) will cut production of its 737 planes to 42 a month from the current 52-a month pace. Before the crash of a 737 Max operated by Lion Air and one operated by Ethiopia Airlines, Boeing had planned to increase production of the 737 by 10% by...
Updating Nektar ahead of a dangerous earnings season–and looking to add to positions on any plunge
On April 4 I made Nektar Therapeutics (NKTR) #8 in my list of the 10 most dangerous stocks for earnings season and #4 on my list of 5 stock to buy on any plunge in my Special Report on my JubakAm.com subscription site. Here’s what I wrote in that Special...
Added Restaurant Brands to my Jubak’s Picks and Dividend Portfolios on February 21
My apologies. Sometimes the bookkeeping in my portfolios gets a little complicated and I miss an entry. On February 20 I made Restaurant Brands International (QSR) the first pick in my Special Report on JubakAM.com “10 stocks for a market worried about an...
Recessions are built on negative shifts in sentiment so today’s news isn’t good
The Bloomberg Consumer Comfort Index fell to 58.9 from 60 in the week ended March 31, according to a report Thursday. That’s an eight-week low. Survey respondents’ sentiment on their personal finances posted the steepest two-week drop since 2015. All three main...
Why are shares of China Southern Airlines up 12% today?
I can’t find any news that explains why shares of China Southern Airlines (ZNH) are up 12% today. The entire Chinese market is higher on positive news on the U.S.-China trade talks, but that’s been good for gains like 0.56% on JD.Com (JD) and 0.85% on CTRP...
Unsettling market risk potential for Thursday and Friday
Today, Wednesday April 3, action in the three legs that support stocks near the highs for 2019 pointed toward significant risk for Thursday and Friday. The Standard & Poor’s 500 index closed the day up 0.21% at 2873. Leg 1 for the market: The financials,...
Is President Trump serious about closing the U.S. border with Mexico?
President Trump has ordered White House officials to find a way to shut the U.S. border with Mexico while exempting commercial trade from the closure. I don’t know if the President is serious–it could be a negotiating ploy designed to bring pressure on...
Selling Helmerich & Payne out of my Dividend Portfolio today
I named Helmerich & Payne (HP) #6 in my Special Report on the 10 most dangerous stocks for this earnings season on my paid JubakAM.com site. And today I’m selling the shares out of my Dividend Portfolio. After naming Pioneer Natural Resources (PXD) #4 and...
Selling Diamondback Energy out of my Jubak Picks portfolio today
Diamondback Energy (FANG) made #5 in my Special Report on the 10 most dangerous stocks this earnings season that I’m posting on my paid JubakAM.com site. And I’m selling it out of my Jubak Picks Portfolio today, April 1. If you’re looking for...
The world’s bond markets stop to think about whether the rally has gone too far
It’s all my fault. I go away for two days to tour colleges with my daughter, and global bond markets soar as everybody in the world decides to seek safety simultaneously. Today’s pause has very little to do with my return to my desk. The rise in bond...
Global trade growth continues to slow in three months through January
The figures are short-term and tentative but the trend isn’t good. Global trade volume fell 1.8% in the three months through January from the previous three months, according to the World Trade Monitor from the statistics office of the Netherlands. That’s...
Today markets see recession warning in inversion of the yield curve
It was always implicit in the Federal Reserve’s decision on Wednesday that all interest increase in 2019 were off the table and that the central bank would end its $50 billion a month balance sheet run off in September. Yeah, lower interest rates are a boost to...
Odds for a Fed interest rate cut don’t move much overnight–but that’s because a huge move has already happened
The Federal Reserve’s announcement that it would hold interest rates steady for 2019, that it would end its program to wind down the size of its balance sheet by $50 billion a month in September, and that it projects the economy will grow by just 2.1% in 2019...
Has the Fed panicked? Should investors?
Let’s remind ourselves of exactly how big a policy u-turn the Federal Reserve has steered in the last three months. In December the Fed was looking at 2 interest rate increases in 2019 and an announcement of an end to its balance sheet run off by, maybe,...
I’m selling Exxon Mobil out of my Dividend Portfolio as part of my annual portfolio rebalancing
I’m part way through the annual rebalancing of my Dividend Portfolio (with other portfolios to follow.) The initial stage of that process requires a close look at which of the stocks in the portfolio I’d like to keep for another year (based on their...
The Fed’s increased worries don’t scare Goldilocks markets
Today, March 20, the Federal Reserve left benchmark interest rates at the current 2.25% to 2.5% range at the meeting of the Open Market Committee, but cut its forecast for U.S. economic growth in 2019 and voiced concern about slowing consumer and business spending....
It’s a FOMO market
“Fear of missing out” is driving this stage of the market rally. Fund managers were under allocated to equities at the start of the year and are now playing catch-up with the indexes. And since the consensus is that the Federal Reserve has the...
Adding Dollar General to my Jubak Picks Portfolio
At a moment when all of brick and mortar retailing can seem to be suffering, Dollar General (DG) has announced that it will open 975 new stores in 2019 and remodel 1,000 existing stores. For 2019 capital expenditures are projected at $775 million to $825 million or...Jim’s Daily Email Alerts:
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