Albemarle beats on earnings, sees rising lithium deman
After the market close yesterday, Albemarle (ALB) announced fourth quarter 2018 earnings that beat Wall Street earnings estimates of $1.47 by 6 cents a share and reported revenues grew 7.4% year over year to $921.7 million, against the $894.5 million consensus. The...
Ya betta listen when Cummins talks business cycle
Some companies you listen to because their stocks themselves are good investments–and because of their insight into a big chunk of the economy and trends in the economy. For example, I pay attention to what Deere (DE) says in its quarterly earnings report...
Amazon earnings results mean hotter war with Google and Facebook in digital ad space
Nothing wrong with 20% year over year revenue growth–unless, of course, you’re Amazon (AMZN). On Thursday, January 31, the company reported that revenue growth in the fourth quarter–the strongest retail quarter of the year–had at 20% come in at...
Adding Emerson Electric to my Jubak Picks Portfolio
One of my mother’s favorite sayings was “It’s an ill wind that blows nobody any good.” (Lest anyone get the erroneous impression that my mother was an optimist, I’d note that another of her favorites was “Every silver lining has a...
Buying this yen ETF for Jubak Picks to hedge market risk–and maybe gain 5% or so
Earlier today in a post “One consequence of change in Fed policy likely to be a weaker dollar” I noted that a number of Wall Street and big international banks have forecast a drop in the dollar as a result of the Fed’s decision to back off on...
Adding Intuitive Surgical to my long-term 50 Best Portfolio
Today, January 30, I added Intuitive Surgical (ISRG), one of my 10 Best Buys for After the Bear and an artificial intelligence pick from my Next 3 Big Things Special Report (both running on my subscription JubakAM.com site), to my long-term 50 Stocks Portfolio. The...
Apple meeting lowered earnings, revenue expectations–and then guides lower for next quarter
Goes to show you that if you lower expectations enough, you can beat them when you actually report earnings. Even if the earnings report itself is bad news. After the close of the New York market today, Apple (AAPL) reported December quarter earnings of $4.18 a share...
Danaher gives upbeat guidance at JPMorgan healthcare conference
Danaher (DHR) upped its revenue guidance for the fourth quarter on January 8. The company is scheduled to report fourth quarter earnings on January 29. At the conference the company said that its core revenue growth for 2018 to date was 6%. Core operating margins were...
What a difference a week makes for biotech stocks
Last week the biotech sector seemed in freewill. Bristol Myers Squibb (BMY) had made a deal to buy Celgene (CELG) at a whopping 54% premium to Wednesday’s close and the sector dropped on the news. The prevailing theory was that the deal removed one hungry big...
China ends its freeze on new game titles–good for Tencent soon-ish
China’s media regulators have ended a nine-month freeze on the approval of new video games in the $30 billion Chinese market. Global industry (and Chinese market leader) Tencent Holdings (TCEHY) didn’t have a title among the 80 new games approved, but the...
Adding yen exposure to Jubak Picks and Volatility Portfolios
On December 27 I switched to the Invesco Currency Shares Japanese Yen ETF (FXY) from the Vanguard FTSE Developed Markets ETF (VEA) in my Perfect 5 ETF Portfolio (on my subscription sites JugglingWithKnives.com and JubakAM.com) in an effort to get more yen exposure...
Apple cuts revenue forecast, drops 7.6% in after-hours trading
Will Apple’s (AAPL) warning spook stocks tomorrow, Thursday, January 3, to a degree that bad economic news out of China didn’t today? After the close in New York Apple CEO Tim Cook dramatically lowered the company’s estimates for sales in the...
Why predicting a bottom for this bear is so hard: More lessons from the charts
Once stocks have wound up in the jaws of a bear market, the most pressing question is when/where will it end? Which is tough to predict because we have a relatively small data set to project from–we’ve only had 12 bear markets (using the 20% drop from a...
Pulling the plug on any significant end of the year rally: Selling small cap Russell 2000 ETF
Going into December, I thought there was enough chance of a strong end of the year rally/ January effect rally to make taking a risk on small company stocks a reasonable call. Even though the entire market looked shaky in the longer term. (That is in 2019.) With the...
My second global warming pick is Jubak Picks member Xylem
Xylem (XYL) One of the “ironies” (for lack of a better word) of Global Warming is that it will put lots of water where many people don’t want it, and it will leave many regions that have enough water now thirsty, and it will threaten to turn many existing supplies of...
Buying Pfizer for my Dividend Portfolio
I’m going to take advantage of the selling in the market in general and in the drug sector in particular–on news of the asbestos liability at Johnson & Johnson and fears of the death of Obamacare (AKA the Affordable Care Act)–to buy Pfizer (PFE) in my Dividend...
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...
Adding Vulcan Materials, first Global Warming pick, to 50 Stocks Portfolio
Today I made Vulcan Materials (VMC) my first pick in my Special Report: Is Your Portfolio Ready for Global Warming and I’m also adding the shares to my long-term 50 Stocks portfolio. As the most recent hurricanes have confirm, the Southeastern United States is...
Pioneer authorizes huge increase in buyback program in note of confidence on cash flow
We all know that companies can authorize stock buybacks and never carry them out, but, nonetheless the big new buyback program authorized by Pioneer Natural Resources (PXD) is a significant sign that of the company’s confidence in its cash flow. (As well as an...
Oil gains on Trump-Xi “success, Russia-Saudi “deal,” and actual production cuts from Alberta
As of 2:30 p.m. New York time U.S. benchmark West Texas Intermediate was up 3.04% to $52.48 a barrel. International benchmark Brent crude gained 2.84% to break back above $60 a barrel at $61.15. Part of the reason for the gain is a general sigh of relief that the...
Incyte knocking on the door of a new upward trend after today’s 6% pop
Reports of results from the December 1-4 meeting of the American Society of Hematology continue to move biotech stocks. Today it was Incyte’s (INCY) turn. The company announced positive results for a Phase 2 trial evaluating Incyte’s Jakafi in combination...
Jubak Picks member Salesforce beats on earnings, raises guidance for 2019 and 2020
Salesforce (CRM) started today to the upside based on last night’s earnings beat of 11 cents a share. Salesforce shares were up 4.57% as of noon New York time today. And then came the market-wide bounce after Fed chair Jerome Powell’s speech suggesting...
Ionis Pharmaceuticals showing strong recovery on research pipeline, tweaking price target higher
It’s been a wild 2018 for Jubak Picks portfolio stock Ionis Pharmaceuticals (IONS.) Right now, though, the shares are on an upward trend. That’s likely to continue with the company looking at a strong research presentation at the December 1-4 meeting of...
Mixed news in Alibaba’s new Singles’ Day sales record
The 10th annual Singles’ Day sales frenzy on November 11 resulted in a new record at China’s Alibaba (BABA) for one-day sales of $213.5 billion yuan ($30.7 billion.) This year merchandise sales for the world’s largest off-line and on-line shopping...
50 Best Stocks Portfolio pick Pioneer Natural Resources gives back a bit of its post earnings pop
On Monday, after the close of the New York market, Permian Basin oil shale power Pioneer Natural Resources (PXD) reported third quarter earnings of $2.07 a share, 39 cents a share above the Wall Street consensus projection. Revenue climbed 112.2% year over year to...
Buying shares of small caps ETF for my Jubak Picks Portfolio today
In my Special Report “How to Protect Our Portfolio Without Selling Your Portfolio” (available to subscribers to my JubakAM.com site) I made the iShares Russell 2000 ETF (IWM) my third Portfolio Protection Pick. Today I’m adding it to my Jubak Picks...
How could Apple be so stupid?
Let’s see. You’re a company running into serious global headwinds in a maturing (or mature market) that are raising huge doubts about your ability to increase unit sales quarter to quarter for your core product. You: a) Grimly admit that unit sales are...
Buy Salesforce My Newest Big Thing Stock for Jubak Picks Portfolio
My apologies that I didn’t get this post up last night but I had a short, strange, and very scary attack of vertigo at the end of my working day and missed that deadline. Everything seems to be fine today so here’s the post. When I added Salesforce.com...
Facebook rises after-hours as disappointing growth not as bad as bears expected
It really, really helps if lots of traders and investors hate your stock going into earnings. Then you can, as Facebook (FB) did today, announce quarterly results that fall short on revenue ($13.73 billion versus consensus projections for $13.8 billion), and daily...Jim’s Daily Email Alerts:
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