October 31, 2023 @ 6:00 pm | BHP, Breaking News, CAT, DE |
Yesterday for subscribers to my JubakAM.com site I posted Step #8 in my Special Report: 8 Steps to Protect Your Portfolio from the Global Debt Bomb. I recommended selling Deere (DE), Caterpillar (CAT), and BHP Group (BHP) out of portfolios ahead of rising yields in...
May 17, 2022 @ 5:47 pm | ALB, Breaking News, DE, FQVLF, Jubak Picks Portfolio, Jubak Top 50 Portfolio, MRVL, NVDA, SCCO, USB |
In my weekend Saturday Night Quarterback on my subscription JubakAM.com site I said that this week would, probably, answer the question of whether Friday’s big bounce was just a bounce, the start of a buy on the dip rally, or even a bear market rally with a bit...
November 8, 2021 @ 6:52 pm | Breaking News, Buy Hold Sell, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
There was a mad scramble today as Wall Street tried to identify the winners from the $1.2 trillion ($550 billion in new money) infrastructure bill passed by the House of Representatives (finally) late on Friday night. President Joe Biden will sign the bill, which...
September 20, 2021 @ 7:30 pm | ALB, Breaking News |
The Standard & Poor’s 500 fell another 1.70% today and it’s now down 3.94% from the September 2 high. As the index dropped last week (again) and over the weekend, lots of Wall Street money managers said Hey, stocks were over-valued and news from...
August 10, 2021 @ 7:28 pm | Breaking News |
The $1.2 trillion infrastructure bill that the Senate passed today–roughly half of that represents new spending–still faces a tough go in the House of Representatives where progressive Democrats have criticized the measure as light on dollars to fight...
August 2, 2021 @ 7:58 pm | Breaking News |
I’m looking for answers to two big questions that earnings from Amazon (AMZN) and Caterpillar (CAT) left us with last week. In the case of Amazon, where the company reported a slide in revenue growth after a big bump in sales due to everybody ordering everything...
June 25, 2021 @ 7:53 pm | Breaking News, Jubak Picks Portfolio |
On Monday, June 28, I’ll be adding shares of Martin Marietta Materials (MLM) to my Jubak Picks Portfolio to increase my exposure to the infrastructure sector after the Thursday, June 24, announcement at the White House of a bipartisan infrastructure deal. You...
June 24, 2021 @ 7:13 pm | Breaking News, CAT, DE, Jubak Picks Portfolio, Jubak Top 50 Portfolio, VMC |
The White House has announced that it has struck an infrastructure deal with a bipartisan group of 10 Senators. There are almost no details on the deal and it’s not at all clear that President Biden will be able to convince the progressive wing of his own party...
June 21, 2021 @ 7:21 pm | Breaking News |
Remember way back at the beginning of last week? That is before the Federal Reserve signaled on Wednesday that more of the members of its Open Market Committee were thinking about raising interest rates sooner than previously expected. Re-opening stocks, value stocks,...
March 24, 2021 @ 7:01 pm | Breaking News, Volatility, You May Have Missed |
At 11:07 a.m. today the Standard & Poor’s 500 was up 0.80%. At the close it was down 0.55%. Same picture for the small cap Russell 2000 index. Up 1.65% at 10:54 a.m. New York time. Down 2.26% at the close. What looked like one of the rotation markets...
February 24, 2021 @ 7:07 pm | Breaking News, CAT, DIS, Jubak Picks Portfolio, Jubak Top 50 Portfolio, KO, MGM |
I’m starting up my videos again–this time using YouTube as a platform. The twelfth YouTube video “5 Picks for the Next Six Months” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
February 19, 2021 @ 7:28 pm | Breaking News |
At the close today the Standard & Poor’s 500 was down 0.19%. The Dow Jones Industrial Average ended dead even. The NASDAQ Composite “soared” 0.07%. It wasn’t until you looked at the Russell 2000 small cap index that you saw any signs of...
September 2, 2020 @ 7:24 pm | Breaking News |
At the close today, the Standard & Poor’s 500 was up another 1.54%. Putting this question at the top of many investors’ and traders’ minds: Is there any way to participate in this blow out rally without real adding an unacceptable amount of...
July 24, 2019 @ 7:54 pm | Breaking News |
Caterpillar (CAT) reported second quarter earnings this morning of $2.83 a share, well below the $3.11 a share expected by Wall Street analysts. And then, to make the future as grim as the present, Caterpillar rearmed its earnings guidance for the fiscal 2019 year of...
May 10, 2019 @ 7:06 pm | Breaking News, CAT, DE, Jubak Picks Portfolio, Jubak Top 50 Portfolio, LNG, Volatility, You May Have Missed |
Whatever the ultimate end point of the trade talks between the United State and China, the next step is almost certainly the announcement of retaliatory measures by China in the wake of the Trump administration’s decision to raise tariffs on $200 billion of...
October 23, 2018 @ 7:57 pm | Breaking News, Volatility, You May Have Missed |
Red, red, red everywhere today. Caterpillar (CAT) and 3M (((MMM) disappointed on guidance. China and Europe sold off. As did the financial sector with the Financial Select Sector SPDR ETF (XLF) falling 0.77% to $25.90 to break or at least test support. And, then, as...
May 8, 2018 @ 7:45 pm | Breaking News, Volatility |
On April 24 Caterpillar (CAT) reported first quarter earnings before the New York markets opened that easily beat analyst projections. And the company raised its guidance for fiscal 2018 to earnings per share of $10.25-$11.25 from a previous $8.25-$9.25. The stock...
April 24, 2018 @ 7:46 pm | Breaking News, Volatility, You May Have Missed |
Caterpillar (CAT) crystalized the market’s fears in its conference call this morning. After delivering really great results before the market opened–Caterpillar beat Wall Street earnings estimates by 72 cents a share on earnings of $2.82 a share and then...
March 1, 2018 @ 3:21 pm | Breaking News, CAT, Jubak Picks Portfolio, Sell |
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%...
January 26, 2018 @ 7:56 pm | Breaking News, CAT, Jubak Picks Portfolio |
Investors and traders were determined to sell Caterpillar (CAT) shares after the stock gained 70% in 2017. That determination overshadowed yesterday’s good news on fourth quarter earnings and positive guidance for 2018. The shares, which I added to my Jubak...
January 24, 2018 @ 12:39 pm | Breaking News, Buy, CAT, Jubak Picks Portfolio |
Caterpillar (CAT) looks to be a major beneficiary of the lower tax rates in the Tax Cuts & Jobs Act and for a lower U.S. dollar. (See today’s encouragement of a weaker dollar from Treasury Secretary Steve Mnuchin at Davos today.) Not that Caterpillar sales...
October 25, 2016 @ 12:18 pm | Breaking News, Leading Indicators, Volatility |
This isn’t the pattern I want to see–although it is the one I’m worried about. Caterpillar (CAT) beat Wall Street earnings estimates for the third quarter by 9 cents; 3M (MMM), for its part, beat by a penny. But both companies also lowered guidance...
July 21, 2009 @ 11:29 am | Buy |
I’m buying shares of mining equipment company Joy Global (JOYG) today on the strength of the good news from heavy equipment peer Caterpillar (CAT) in its second quarter earnngs report of July 21. Caterpillar significantly raised guidance for 2009, casting a...
July 20, 2009 @ 5:32 pm | Breaking News |
Quite a set of economic indicators in tomorrow’s earnings reports. And all before the stock market rings the opening bell at 9:30 ET too. Caterpillar (CAT), an important indicator of prospects in the construction and industrial sectors, is expected to report earnings...