Buying U.S. Natural Gas Fund in my Jubak Picks Portfolio
I’m using the continued weakness in natural gas prices and in the U.S. Natural Gas Fund (UNG) to add the shares to my Jubak Picks Portfolio. The U.S. Natural Gas Fund was down another 5.90% today to close at $23.78. A fire at the Freeport LNG facility, which...
First Quantum Minerals announces big copper, nickel expansion
Good timing. With copper and nickel prices near all-time highs and fears that the rapid growth of production of battery-powered cars would result in a severe nickel shortage, on Sunday First Quantum Minerals (FQVLF) announced that it would expand it Kansanshi copper...
Yesterday’s optimism about a cease fire in Ukraine and peace talks turns back into pessimism (realism?) today
Hopes for a cease fire in Ukraine and for serious peace talks between Russia and Ukraine took the stock indexes up yesterday and the price of oil and oil stocks down. News of renewed Russian shelling and that Russian troops were redeploying rather than withdrawing...
Australia ban on alumina shipments to Russia keeps aluminum rally hot–raising my target price on Alcoa
Shares of Alcoa (AA) took a breather today, March 22, from their torrid run. At the close Alcoa was down 0.89% But I think the stock will go higher from here. On Sunday Australia banned alumina shipments to Russia in response to the Russian invasion of Ukraine. The...
Want to know what stocks and sectors will rise and fall and when? Watch the lags
If the Ukraine war drags on into May, how quickly will grain prices retreat to something like normal? To answer that question–and similar queries for fertilizer, for chip production, and other sectors–pay attention to the lags: how much time it will take...
Please watch my new YouTube video: You should own more commodities
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My one-hundredth-and eighth YouTube video “You should on more commodities” went up today. We all know that oil and gas prices will rise even more as a result...
I’m adding Alcoa to my Jubak Picks Portfolio as a hedge against Ukraine risk and as a commodity boom play
Today I’m adding shares of Alcoa (AA) to my Jubak Picks Portfolio. At 3:10 p.m. today, February 18, the shares were up 2.01% on the day. My target price for the shares is $93. The pick is a short-term hedge against sanctions against Russia if the Ukraine/Russia...
Please watch my new YouTube video: Quick Pick Alcoa
I’m starting up my videos again–this time using YouTube as a platform. My one-hundredth-and third YouTube video “QuickPick Alcoa” went up today. This week, my Quick Pick is Alcoa (AA). Like in other commodities, with aluminum we are seeing a...
Please watch my new YouTube video: Trend of the Week A New Commodity Super Cycle
I’m starting up my videos again–this time using YouTube as a platform. My eighty-ninth YouTube video “Trend of the Week: A new commodity super cycle” went up today. Please watch and subscribe to my YouTube channel. And like my video....
People’s Bank supports markets (and Evergrande) a little bit
I’d call the policy being followed by the People’s Bank in the China Evergrande crisis “Try to support the markets but see how little we can get away with.” Today China’s central bank supplied liquidity (About $18 billion worth) to the...
What are the effects on stocks of China’s economic slowdown? Doing some selling of copper ETFs today
On Monday the Chinese government reported that the country’s economy slowed more than expected in July. Retail sales were crimped by tough new virus restrictions introduced toward the end of the month to contain fresh outbreaks. Retail sales rose by 8.5% near...
China economy slows more than expected in July
The Chinese government reported today that the country’s economy slowed more than expected in July. Retail sales were crimped by tough new virus restrictions introduced toward the end of the month to contain fresh outbreaks. Retail sales rose by 8.5% near over...
Watch my new YouTube video: “OPEC and the threat to green energy stocks
I’m starting up my videos again–this time using YouTube as a platform. The thirty-second YouTube video “OPEC and the threat to green energy stocks” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see...
Wednesday copper price played a little catch up with copper stocks
Copper stocks have been moving steadily higher recently in anticipation of a turn in the eight week downward trend in the price of copper itself. Now the price of copper is showing some of the upward movement that the rally in copper stocks anticipated. For example,...
As promised in my YouTube video: How to position a portfolio for this market (additional thoughts)
To continue from my last post: Second, I think it’s just as important to recognize that even though the market is very slow and very reluctant to abandon a profitable long-tern macro story, it is very comfortable and indeed very adept at recognizing shorter term...
Two stock picks that are both growth and value to add to the Millennial Portfolio for long-term investors
Sure looks like a market struggling with rotations between growth and value stocks. One day the growth stocks sell off on fears of higher interest rates and rising inflation or something–and because after such a strong rally in the style growth stocks are very...
My pick for rising farm commodity prices is Deere; adding it to Jubak Picks Portfolio
Wheat prices hit new highs at $7.46 a bushel at the end of April. That the highest since February 2013. Corn climbed to a new eight year high. The day soybeans rose for a tenth straight session to reach on eight year high. When the prices of farm commodities climb,...
Selling Freeport McMoRan Copper and Gold out of Jubak Picks on valuation
Copper has rallied–again–to a new 10-year high and that has taken Freeport McMoRan Copper and Gold to $39.53 today, April 28, as of 3:50 p.m.. That’s above my target price in my Jubak Picks Portfolio of $34. So today I’m selling this position....
Don’t forget the “animal spirits”
I left my keyboard at 11:30 this morning to go for a walk in my neighborhood. The temperature was near 60 degrees in New York City. The sun was out. Restaurants with outdoor space were full. Columbia and Barnard students were out in skirts and even a few tank tops....
A wild day for stock gains–although you wouldn’t know it from the indexes
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...
FCX hold: Mixed signals still add up to plus
Back on January 26 copper miner Freeport McMoRan (FCX) dropped sharply–down 6.5%–when the company lowered guidance for production in 2021. For 2021 Freeport McMoRan expects sales of 3.8 billion pounds of copper and 1.3 million ounces of gold. In October...
Selling First Majestic Silver on Friday on Reddit rally
Shares of First Majestic Silver (AG) climbed 21.38% Thursday, January 28, as silver futures climbed on a post on Reddit suggesting profiting from a short squeeze on silver. “Any short squeeze in silver paper shorts would be EPIC,” a post on Reddit’s...
Adding copper miner Freeport to Jubak Picks Portfolio tomorrow
Commodities have soared on prospects for a post-coronavirus vaccine economic recovery. And copper is one of the best commodities to own in order to in the recovery of the global economy–and especially the growth in the Chinese economy–as the coronavirus...
Materials stocks up today even as U.S.-China trade fears linger
I think the strong move in commodities stocks today has more to do with continued weakness in the U.S. dollar than it does with any renewed faith in growth in the global economy. After all the U.S.-China trade war doesn’t look any more settled today than it did...
On the third day of Christmas my stock pick for 2018 is Southern Copper–and three french hens
Way back on August 17 I finished off a bullish story on the copper sector with the promise of some stock picks. My apologies: I left that string dangling. But today I’m using the third of my 12 Stock Picks of Christmas to add Southern Copper (SCCO) to my...
Why the bump up in copper yesterday could go on for a while (Hint: It’s about electric cars)
On August 16, yesterday, copper for September delivery climbed 2.84%. The proximate cause was a new projection from the International Monetary Fund raising China’s growth rate for 2017 to 6.7% in 2017. That’s up from an earlier forecast of 6% growth. For...
Today it’s copper
Copper for September delivery closed up 2.84% today. Copper stocks did even better with Freeport McMoRan Copper and Gold (FCX) closed up 5.73% for example. Southern Copper (SCCO) ended the day ahed 3.37%. And First Quantum Minerals (FQVLF) traded up 10.14%. So...
Long-term pick Bunge gets motivated
“Depend upon it, sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully,” James Boswell quotes Samuel Johnson as saying upon the occasion of the hanging of William Dodd in 1777 for a loan scam. CEOs don’t...
Freeport McMoRan and Indonesia agree to extend agreement deadline for another 6 months
The stakes are so high that a deal is almost a certainty. Freeport McMoRan Copper and Gold (FCX) needs the copper production from the giant Grasberg mine, the second largest in the world. The government of Indonesia needs the revenue it gains from Grasberg....Jim’s Daily Email Alerts:
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