May 14, 2018 @ 7:26 pm | Breaking News, Buy, GOLD, Jubak Top 50 Portfolio, Recent Buys, You May Have Missed |
My criteria for adding a gold stock to my long-term 50 Stocks portfolio have been reasonably consistent over the years: I’ve looked for a gold miner that was growing gold production and reducing production costs. Up until my latest revision of this portfolio in...
May 14, 2018 @ 7:14 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Update |
OK, so even remembering that announcing a new technology product isn’t the same as actually putting a working product into the market (as Microsoft (MSFT) and Intel (INTC) have proved over the years), but this announcement from Amazon (AMZN) is still a very big...
May 10, 2018 @ 6:42 pm | Breaking News, Jubak Picks Portfolio, NVDA, Update |
Okay, if you’re a trader I sort of understand selling Nvidia (NVDA) after today’s earnings report: Sell on the news; How can it get better? How long can the company keep it up? After all, the stock closed today just pennies below it’s all time high....
May 9, 2018 @ 7:12 pm | Breaking News, Jubak Picks Portfolio, PXD, STO, Update, Volatility |
Some days you need to search for an explanation for a market move. Other days the explanation hits you over the head. Today crude oil is up, in a strong but orderly move. Two catalysts. First, yesterday President Donald Trump announced that the U.S. would pull out of...
May 9, 2018 @ 7:00 pm | Breaking News, Jubak Picks Portfolio, SEDG, Update |
SolarEdge Technologies (SEDG), a member of my Jubak Picks portfolio, reported first quarter earnings today after the New York markets closed of 87 cents a share, 7 cents a share better than Wall Street projections. Revenue climbed 82.4% year over year (and 10.8% from...
May 7, 2018 @ 6:48 pm | Breaking News, Jubak Top 50 Portfolio, PXD, Volatility |
So much near-term noise. Since Pioneer Natural Resources (PXD) reported earnings on May 2–the company beat Wall Street estimates on earnings by 16 cents a share and reported revenue in-line with projections and up 56.5% year over year–there’s been...
May 1, 2018 @ 6:26 pm | AAPL, Buy, Jubak Top 50 Portfolio, Update |
It wasn’t a big beat and iPhone sales weren’t wildly above consensus, but such was the fear and skepticism surrounding Apple (AAPL) that shares rose 3.61% in trading after the earnings announcement. The company reported earnings of $2.73 a share, five...
May 1, 2018 @ 6:14 pm | Breaking News, Dividend Income Portfolio, MRK, Update |
This morning before the New York markets opened Merck (MRK) reported earnings of $1.05 a share, ahead of the $1.00 a share forecast by Wall Street analysts. Earnings were up 19.3% from the first quarter of 2017. Revenue grew 6% to $10 billion. That narrowly missed the...
April 30, 2018 @ 7:34 pm | Breaking News, Dividend Income Portfolio, MCD, Update |
McDonald’s reported a solid earnings beat of 12 cents a share ($1.79 vs expectations for $1.67) before the market opened today, April 30. Revenue fell 9.5% year over year to $5.14 billion but that was still ahead of the $4.97 billion Wall Street consensus for...
April 30, 2018 @ 7:03 pm | Breaking News, Jubak Picks Portfolio, NKTR, Update, Volatility |
Shares of biotech rocket Nektar Therapeutics (NKTR) are down 23.25% since they traded at $106.91 on March 21, 2018. I can’t find evidence that the positive catalysts that led me to recommend the stock for my Jubak Picks portfolio and the options for my...
April 30, 2018 @ 12:54 pm | Breaking News, FANG, Jubak Picks Portfolio, Jubak Top 50 Portfolio, PXD, STO |
Israeli Prime Minister Benjamin Netanyahu has announced that he will make a statement at 8 p.m. Tel Aviv time tonight on a “significant development” regarding the Iranian nuclear pact. (As best as I can do the conversions, 8 p.m. in Tel Aviv is 1 p.m. in New York.)...
April 27, 2018 @ 7:34 pm | Breaking News, Buy, Dividend Income Portfolio, MRK |
News out of the imuno-oncology sector of the biotech world has hit stocks in my portfolios such as Incyte (INCY) and Nektar Therapeutics (NKTR) hard. But, I’d argue that it has left Keytruda and its owner Merck (MRK) in a measurably stronger position in the...
April 27, 2018 @ 4:34 pm | Breaking News, Jubak Top 50 Portfolio, Recent Buys, ZNH |
I’ve been looking to add shares of China Southern Airlines (ZNH) to my long-term 50 Stocks ever since I saw the newest list of the world’s 20 busiest airports from the Airports Council International on April 6. Atlanta’s Hartsfield-Jackson...
April 26, 2018 @ 7:47 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, You May Have Missed |
Amazon (AMZN), Intel (INTC), and Microsoft (MSFT) all reported earnings after the close today. All three beat earnings estimates–but this market hasn’t been very generous in rewarding earnings surprises (after Netflix (NFLX)) that is. The key tests here...
April 25, 2018 @ 7:28 pm | Breaking News, Jubak Picks Portfolio, STO, Update, Volatility |
There’s no pleasing the market these days. Shares of Statoil (STO) fell 1.54% to $24.96 today after the company reported first quarter earnings of $4.4 billion, its highest quarterly profit in three years and 33% higher than in the first quarter of 2017. But the...
April 25, 2018 @ 11:40 am | Breaking News, GOOG, Update, Volatility, You May Have Missed |
Some times in the financial markets, the numbers aren’t as important as the narrative. I think that was the case with Alphabet (GOOG), Tuesday, April 24. Monday after the market close Alphabet reported first quarter earnings of $9.93. That was a healthy 64 cents...
April 23, 2018 @ 11:10 pm | Breaking News, Dividend Income Portfolio, KMI, Update |
he earnings results for Kinder Morgan’s (KMI) first quarter were in line; it’s 60% increase in the annual dividend was more aggressive than expected. Adjusted EBITDA (earnings before interest payments, taxes, and depreciation) was $1.90 billion for the...
April 23, 2018 @ 7:56 pm | Breaking News, Dividend Income Portfolio, FANG, HP, Jubak Picks Portfolio, Jubak Top 50 Portfolio, PXD, SLB, STO, Volatility |
Oil futures in New York settled at their highest since December 2014. U.S. benchmark West Texas Intermediate climbed 0.35% to close at $68.88 a barrel. International benchmark Brent crude rose 0.88% to $74.71 a barrel. The gains were unusual in that the U.S. dollar...
April 23, 2018 @ 7:11 pm | Breaking News, Dividend Income Portfolio, IBCP |
Independent Bank (IBCP) reported first quarter earnings of 42 cents a share today. That’s up from 28 cents a share in the first quarter of 2017. Special items added 4 cents a share to earnings. The reduction in the bank’s tax rate thanks to the Tax Cuts...
April 19, 2018 @ 6:37 pm | BAC, Breaking News, Dividend Income Portfolio |
On Monday Bank of America (BAC) reported first quarter earnings of 62 cents a share, 3 cents a share above Wall Street estimates. Earnings were up 51% year over year on a 4% increase of revenue to $23.1 billion. That was ahead of the consensus at $23.04 billion. Wall...
April 19, 2018 @ 6:28 pm | Breaking News, DHR, Jubak Picks Portfolio |
Danaher (DHR) reported fourth quarter earnings of 80 cents a share before the market opened today, April 19. That was 3 cents a share ahead of Wall Street projections. Revenue climbed 10.9% year over year to $5.09 billion. The Wall Street consensus called for $4.97...
April 18, 2018 @ 6:49 pm | Breaking News, FANG, Jubak Picks Portfolio, PXD, STO |
West Texas Intermediate crude climbed 3.16% today to $68.80 a barrel. Futures for May delivery moved over $68 a barrel for the first time in three years. Yesterday the American Petroleum Institute reported a 1.05 million barrel draw down in U.S. inventories. Today the...
April 16, 2018 @ 7:34 pm | Breaking News, Buy, Jubak Picks Portfolio, SEDG |
I’ve been looking for a way out of this investing puzzle for a while and I think I’ve finally found one. SolarEdge Technologies (SEDG). I’m adding these shares to my Jubak Picks Portfolio on Monday. And I’ll be buying call options on these...
April 5, 2018 @ 6:35 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
Yesterday Apple (AAPL) announced that it had hired John Giannandrea, the architect behind Google Assistant, to take its Siri digital assistant from disappointing to amazing again. (Or at least to make it a credible challenger to Amazon’s Alexa and Google...
April 3, 2018 @ 12:01 pm | Breaking News, FCX, Jubak Picks Portfolio, Sell, Volatility, You May Have Missed |
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...
April 2, 2018 @ 7:26 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Update, You May Have Missed |
Another day’s worth of tweets by President Donald Trump attacking Amazon (AMZN) and another day of losses for the stock. At 3 p.m. Monday New York time Amazon shares were down another 5.21% (in the midst of a meltdown in the technology sector, I’d note, so...
March 28, 2018 @ 7:42 pm | Breaking News, FANG, Jubak Picks Portfolio, Jubak Top 50 Portfolio, PXD |
Today Concho Resources (CXO) announced the acquisition of RSP Permian (RSPP) to create the biggest oil and natural gas producer from the shales of the Permian Basin. The $9.5 billion all stock deal represents a 29% premium to the Tuesday close for RSP Permian. That...
March 28, 2018 @ 7:27 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Volatility |
Well, why not? Shares of Amazon (AMZN) were down as much as 7.4% after Axios reported that President Donald Trump is “obsessed” with regulating the company and has discussed changing the way the company collects (or doesn’t) sales tax. The stock...
March 27, 2018 @ 5:54 pm | Breaking News, GLD, Jubak Picks Portfolio, Volatility |
Goldman Sachs has turned positive on gold for the first time in five years. “Our commodities team believes that the dislocation between the gold prices and U.S. rates is here to say,” Goldman Sachs says. Drivers for higher gold prices include signs of an...
March 20, 2018 @ 7:51 pm | Breaking News, Buy, Dividend Income Portfolio, IBCP |
Just in case you haven’t noticed, it’s really, really hard at the moment to find a decent dividend yield in a stock that doesn’t require taking on substantial risk. That’s what happens when you’ve got elevated asset prices after a long...