Selling Salesforce out of my Jubak Picks Portfolio as shares hit target price
Salesforce (CRM) has hit my $185 a share target price. I’m selling it out of my Jubak Picks Portfolio with a 37.42% gain since I added that position back on November 1, 2018. Why sell rather than up the target price? A couple of four reasons for what amounts to...
Selling my infrastructure play Vulcan Materials out of Jubak Picks into today’s rally
Last week House Speaker Nancy Pelosi threw in the towel on any near-term chance for a big infrastructure spending package. The horrific jobs numbers had convinced her, she said, that sending more aid to unemployed workers and small businesses took a higher priority....
Selling Middleby out of my long-term 50 Stocks Portfolio today
I love this stock. It’s been in the long-term 50 Stocks Portfolio since May 3, 2013. And someday I think the company’s strategy of buying smaller commercial and domestic kitchen equipment companies and then super-charging their sales by giving them access...
Selling ServiceMaster out of my 50 Stocks Portfolio
I wish I hadn’t bought ServiceMaster Global Holdings (SERV) in my long-term 50 Stocks Portfolio back on December 17. But I did. It was a bargain then. It’s not now. And now I think it’s time to cut my losses after some relatively minor gains on March...
Selling HDFC Bank out of 50 Stocks Portfolio as India declares coronavirus lockdown
In normal markets I don’t sell stocks out of my long-term 50 Stocks Portfolio on changes in market direction. This is definitely a buy-and-hold-ish portfolio. But these aren’t normal times either for financial markets or economies and today, March 24,...Selling SolarEdge Technologies out of Picks portfolio on odds of continued market drop
As I was prowling through the wreckage of momentum stocks in the last few days for my post on Tuesday, “They shoot momentum stocks, don’t they” I noticed one very lonely spot of green. While stocks such as Nvidia (NVDA) and Twilio (TWLO) were down...
I think today is just a pause in the China-coronavirus selling; I’m selling China Southern Airlines out of my 50 Stocks Portfolio today on the bounce.
Airline stocks have been among the hardest hit equities in the coronavirus selling. As the biggest airline in China and indeed in all of Asia China Southern Airlines (ZNH) has sold off especially quickly. The New York traded ADRs sold at $35.41 on January 14 and were...
Selling Emerging Markets ETF out of my ETF Portfolio on my subscription JugglingWithKnives and JubakAM sites on Monday
In an ideal world, I would have finished my Special Report on the Crisis in Global Capitalism on my subscription JubakAM.com site by now so I could place this sell–and the coming buy of a Treasury ETF–in the context of that crisis. But this isn’t an...
Further lowering China exposure in my portfolios
This morning Wall Street is buzzing with talk that the U.S.-China trade war could stretch on to 2035. I think there’s just about no chance of that. But we aren’t looking at the quick resolution of the dispute that seemed possible just 10 days ago. And we...
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...
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...
Selling AT&T out of Dividend Portfolio on debt load, business trends
If it was just one of these things OR the other, I wouldn’t be selling AT&T out of my Dividend Portfolio. But it’s not OR. As the company’s adds note it’s &. The company finished 2018 with $166.3 billion in long term debt. And $10.3...
Valero is a best of class refiner but it’s just not a good time to be a refiner so I’m selling the shares out of Jubak Picks
Valero Energy is the largest independent largest independent refiner in the United States. And it’s also one of the best refiners in the world, period. But this just isn’t a good time to be a refiner and the oil market has moved in ways that negate many of...
I said I’d sell CTRP on first sign that upward momentum had broken–well, I’m selling today
Yesterday I posted that I would sell Ctrip International.com out of my Jubak Picks portfolio at the first sign that the stock’s upward momentum had broken. Well, the New York traded ADS for Ctrip closed down 5.42% today. I think that counts as a break and...
Selling Citigroup out of my Dividend Portfolio
I’ve done a decent job in 2018 of staying away from the plunging financial sector–except in my Dividend Portfolio. There, sucked (or “suckered” if you prefer) by high dividend yields and the prospects of rising net interest margins as the Federal Reserve raised...
Stocks that led the market up are now leading it down
Today Apple (AAPL) fell 3.96%. Facebook (FB) was down 5.72%. Amazon (AMZN) lost 5.09%. Netflix (NFLX) tumbled 5.45%. The big technology stocks that led the market up to historic highs are leading this fall off on a combination of general market nervousness and...
I’m selling GE out of my Dividend Portfolio ahead of tomorrow’s earnings report
General Electric (GE) is scheduled to finally report third quarter earnings tomorrow. Wall Street is looking for earnings per share of 20 cents for the quarter on revenue of $29.94 billion. I’m expecting that new CEO Lawrence Culp, the former CEO of Jubak Picks...
Selling Cheniere Energy out of my Jubak Picks portfolio on China trade war
Back when President Donald Trump and President Xi Jinping were best buds they announced a deal in principle that would expand Chinese purchases of liquified natural gas from the United States in general and Cheniere Energy (LNG) in particular. I think we can assume...
Tomorrow I’m selling McDonald’s out of my Dividend Portfolio
In my post of June 28 “My baseline stock market scenario for the next 30 days” I pointed to an earnings/post earnings report pattern that I thought posed significant danger to stocks. Analysts, I noted, were projecting knock out earnings growth for the...
One of my core beliefs after running the Jubak Picks portfolio for more than 20 years now is that when the reason I picked a stock to buy evaporates, then it’s time to sell. So today (June 21) I’m selling Starbucks (SBUX) out of my Jubak Picks portfolio....
Selling MGM Resorts on escalating China trade war fears
I still believe in all the catalysts that I touted for MGM Resorts International (MGM) for late this year–yes, the company’s new Macao casino will give the company more exposure to that market, yes, a wave of states legalizing sports gambling plays to...
Time to further lighten up on emerging markets: Selling Arcos Dorados out of Jubak Picks
Back when emerging markets started to break down, I sold my positions in Argentina. Then it looked like the damage might be limited to that country. Not though it’s clear that the whole sector is under pressure and that investors trying to avoid the next...
Selling copper pick Freeport McMoran on fears of U.S./China tariff war
Freeport McMoRan Copper and Gold (FCX) was the third and last copper stock I added to my portfolios back in January 12, 2018–after Southern Copper (SCCO) and First Quantum Minerals (FQMLF). I added so much copper since copper prices were soaring in 2017–up...
Selling Caterpillar on the President’s tariff announcement
I don’t think there’s any point to waiting around to see how quickly or fiercely China will retaliate against U.S. exporters after today’s announcement that the United States will put a 25% tariff on Chinese (and other imported) steel and a 10%...
Selling Boeing shares on the President’s tariff announcement
I don’t think there’s any point to waiting around to see how quickly or fiercely China (and the European Union) will retaliate against U.S. exporters after today’s announcement that the United States will put a 25% tariff on Chinese (and other...
Don’t forget to harvest your tax losses by the end of the year
U.S. stocks have had a great year in 2017. The Standard & Poor’s 500 stock index is ahead 18.66% for 2017 as of the close today, December 22. The NASDAQ Composite, heavy on tech stocks and financials, is ahead 28.2%. But there’s a good likelihood that...
Selling eBay out of my long-term 50 Stocks Portfolio
When eBay (EBAy) and PayPal (PYPL) split up in July 2015 (with eBay shareholders getting one share of eBay and one share of PayPal) I told myself (and readers) that I wanted to keep PayPal in my long term 50 Stocks Portfolio but would one day sell eBay out of that...
Time to move on from trading SDRL
Seadrill (SDRL) was scheduled to file for a pre-packaged bankruptcy today. When it didn’t, the shares soared. Before finishing the day up 17.46%–a 3 cents a share gain to 23 cents–the stock was up as much as 31.17% as of noon in New York. If...
Hurricane Harvey is demonstrating the new world of oil prices–and I’m selling refiner Marathon Petroleum into the storm
With Hurricane Harvey barreling down on the Gulf Coast complex of refineries and oil terminals, you might have expected the price of gasoline to rise yesterday, August 24, on fears of a shutdown of supply. And it did. The price of gasoline climbed 2.35% yesterday on...Jim’s Daily Email Alerts:
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