Freyr Battery announces sale of 20 million shares to raise capital for its Georgia gigafactory (and other manufacturing expansion)
Yesterday, shares of clean energy battery startup Freyr Battery (FREY) rumbled 12.01% on news that the company would sell 20 million new shares to raise capital for its planned battery factories in Norway and (newly announced) Georgia. Today, December 2, traders and...
Please Watch My New YouTube Video: Trend of the Week U.S . Oil Production not Rising as Expected
Today I posted my two-hundred-and-fifth YouTube video. This week’s Trend of the Week: U.S. Oil Production is Not Rising as Expected. Oil prices have averaged $100 per barrel over 2022–a figure that would normally lead oil companies to expand production and...
Microsoft beats but tumbles on showdown in cloud revenue
Microsoft (MSFT) managed to beat Wall Street earnings estimates for its fiscal first quarter, reporting earnings of $2.35 a share versus the $2.29 expected by analysts after the market close on October 25. But the stock is down strongly today, October 26, on the...
Coca-Cola: Can you say pricing power?
This morning before the stock market open Coca-Cola reported earnings of 69 cents a share for the third quarter. That was up from 65 cents a share in the third quarter of 2021 and was above the 64 cents a share expected by Wall Street analysts. Revenue of $11.1...
Buying Lynas Rare Earths in my Jubak Picks Portfolio
On Monday on my subscription JubakAM.com site, I made Lynas Rare Earths (LYSDY) the eighth pick in my Special Report: 9 Picks to Make Money in This Bear Market and said that I would add it to the Jubak Picks Portfolio today. This is what I wrote in my Special Report:...
It’s a new trade war with China and this one is really, really serious
If you liked the Trump administration’s trade war with China, you’ll love the Biden administration’s new, more dangerous, escalated version. Rather than slapping tariffs on Chinese goods, and inviting retaliatory tariffs by China on American...
Adding Freyr Battery to my Jubak Picks Portfolio tomorrow
I added Freyr Battery to my 10 Perfect Stock Special Report today on my JubakAm.com subscription site. Tomorrow I’m adding the stock to my Jubak Picks Portfolio with a target price of $21 a share. This is what I wrote about Freyr in my Special Report. My #5 Pick...
Adding General Motors to my Jubak Picks Portfolio today
Yesterday I added General Motors to my 10 Perfect Stock Picks Special Report on my subscription JubakAm.com site. (If you want to subscribe, you probably got a 20% off offer in your email today.) Here’s what I wrote in that Special Report on the buy. My #4 Pick...
Yesterday’s pick Eli Lilly pops today on Biogen’s good news on Alzheimer trial
Shares of Eli Lilly (LLY), a pick for my Jubak Pick’s Portfolio in a post yesterday, are up 8.89% today as of noon New York time, September 28, on news that an experimental Alzheimer’s drug from Biogen (BIIB) and Japan’s Eisai(ESALY) slowed cognitive and...
Costco demonstrates strength in a very tough environment; keeping it as a portfolio pick
Shares of Costco Wholesale (COST) closed up 2.98% on September 26. The advance against the grain of a generally down market comes after the company announced a beat on both revenue and earnings for its fiscal fourth quarter on Thursday, September 22. The company...
Adding Eli Lilly to my Jubak Picks Portfolio on diabetes drug approval, selling Incyte to balance
I’m extremely reluctant to add any stocks to any portfolios right now. There’s just too much near-term uncertainty and we remain locked in the grip of a pushing Bear Market. But I do want to upgrade my portfolios when possible to increase their future...
My stock pick lithium producer Albemarle hits all time high before pulling back to close with 2.71% gain on the day
Lithium producer Albemarle (ALB) closed up 2.71% today after hitting an all-time high of $298.17 in intraday trading. The shares closed at $295.68. The gains for Albemarle, and across the lithium sector, came as Goldman Sachs upgraded lithium battery maker Freyr...
It’s not all bad news for tech stocks: Palo Alto Networks beats, announces 3/1 split, and gains 12%
After the close on Monday, August 22, Palo Alto Networks (PANW) reported fiscal fourth-quarter (adjusted) earnings of $2.39 a share. Analysts had projected $2.28 a share. Revenue climbed 27% to $1.6 billion. On a GAP basis (generally accepted accounting principles),...
It doesn’t look good in America’s corn fields
Acres that U.S. farmers were unable to plant have more than tripled from the same period last year as extreme weather wreaks havoc on fields, according to the August report from the Farm Service of the U.S. Department of Agriculture. Prevented planting acres–or...
Watch my new YouTube video: It’s All About Water
My one-hundred-and-sixty-sixth YouTube video “It’s All About Water” went up today. We’re back after a hiatus! In this video, I look at how global water scarcity could impact the chip industry, using Taiwan Semiconductor Manufacturing (TSM) as...
I got these two key China trends wrong: Selling BABA and TCEHY
When I added Alibaba (BABA) to my Jubak’s Picks Portfolio on April 29, 2022, and Tencent Holdings (TCEHY) to my Volatility Portfolio on my subscription site JubakAM.com on January 3, 2022, I thought two things were about to happen in China. First, I thought that...
Chip makers say tough days ahead–I’m selling TSM and NXPI out of Jubak Picks
The chip boom is over–or at least coming to an end. Gartner has cut its outlook for revenue growth in 2022 to just 7.4%. That’s down from a forecast of 14% growth for chip revenue three months ago. Garner sees chip revenue falling 2.5% in 2023. And you...
3 sells for today’s CPI bounce–my goal is still to sell into this Bear Market rally
Despite today’s CPI inflation bounce and the continuation (flagging but still in business) of July’s Bear Market rally, my goal is still to sell into rallies. I don’t think this Bear Market is over and done with. I see another down leg when investors...
Another chip maker–this time is Micron–warns and chip stock take a hit
First, it was Nvidia (NVDA) cutting its guidance for revenue and earnings due on August 24. Today, August 9, it was Micron Technology (MU) warning that its revenue for the fourth-quarter revenue may come in at or below the bottom end of a forecast range provided in...
What to do about your oil stocks?
I’ve seen several comments on the site asking this question. I assume we’re talking about oil stocks in the short- and medium-term. In the long term, I think it’s clear that you should be thinking about selling these out of your portfolio at a profit...
What to sell in a Bear Market rally–and two sells for Monday, Omnicom and Alcoa
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...
Walmart’s warning shrinks pool of safe stocks–Coke and McDonald’s benefit on strong earnings today
With Walmart (WMT) shares down 7.74% as of noon New York time today, July 26, on the company’s warning yesterday about falling revenue, the pool of safe consumer stocks continues to shrink. Which is bad if you owned Walmart or Dollar General (DG), also down...
Natural gas, corn, and wheat lead commodities higher today
At the close today, July 26, the Teucrium Corn Fund (CORN) was up 2.55% and the Teucrium Wheat Fund (WEAT) was ahead 4.11% Both of those commodity plays outgained the U.S. Natural Gas Fund (UNG) with its 1.38% move higher. But for consistent gains–and the...
Remember, natural gas isn’t just for heating; air conditioning demand sends natural gas for August delivery up 10.2% today
There are the base-load power plants that run all the time and meet the bulk of normal electricity demand. And then there are the power plants that are only intermittently called into service when demand spikes. In the United States the majority of the plants used to...
Please Watch My YouTube Video: Trend of the Week Hedging With Commodities Lives
My one-hundred-and-fifty-ninth YouTube video “Trend of the Week Hedging with Commodities Lives” went up today. The strong dollar has knocked commodity plays around. But the reasons for buying these hedges still hold. Inflation. Supply shortages (especially...
Adding Invesco Dollar Bullish Fund ETF to three portfolios
In my July 7 YouTube video: “Quick Pick UUP” I added the Invesco DB U.S. Dollar Index Bullish Fund (UUP) to my Perfect 5 ETF Portfolio. (To replace the Consumer Staples Select Sector SPDR ETF (XLP) in that portfolio. More on that in another post today.)...
Consumer staples outperform on Wednesday
It’s not surprising given the greater than expected decline in U.S. first quarter GDP reported on Wednesday, which followed on the slump in consumer confidence reported Tuesday, that stocks in the consumer staples sector outperformed both consumer discretionary...
Bad day for consumer stocks; good day for commodity shares
The Conference Board’s latest reading on consumer confidence showed consumer expectations in June fell to their lowest level since 2013. The consumer confidence index for June fell to 98.7 from 103.2 in May, below expectations for a reading of 100. The...
Please Watch My New YouTube Video: Quick Pick Cheniere Energy
My one-hundred-and-forty-ninth YouTube video “Quick Pick: Cheniere Energy” went up today. My Quick Pick this week is Cheniere Energy (LNG), a liquified natural gas producer that I currently own in my Volatility Portfolio on JubakAM.com and plan to add to...Jim’s Daily Email Alerts:
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