December 29, 2017 @ 6:02 pm | AGN, AUY, BHP, Breaking News, CHK, FLR, GE, Jubak Top 50 Portfolio, POT, SPWR |
In the first week of January I’m going to rebalance, per the strategy I pursue with this portfolio, my long-term 50 Stocks Portfolio. That means I’ll be taking profits in the big winners of 2017 and adding to positions in the laggards for the year ahead....
February 23, 2011 @ 7:51 pm | Leading Indicators |
If you’re thinking of bargain hunting as global stock markets reel under the impact of what is close to open war by the Gaddafi regime on the Libyan people—but would like a little near-term positive catalyst with those lower prices, might I suggest the farm sector....
February 11, 2011 @ 8:30 am | Leading Indicators, SYT |
China, the world’s largest wheat producer, is facing a severe drought in areas of the North China plain that account for 67% of the country’s wheat crop. China’s wheat production fell to 114.5 million tons in the 2010 harvest from 115.1 million tons a year earlier....
December 17, 2010 @ 12:04 pm | Update |
In a presentation at the Bank of America/Merrill Lynch Global Industries conference on December 15, Potash of Saskatchewan (POT) offered a modestly optimistic view on potash fertilizer demand for 2011—and a very bullish view for global agriculture. Potash first. The...
September 22, 2010 @ 11:02 am | Leading Indicators |
This week or next will see a bid from China for Potash Corp. of Saskatchewan (POT), Canada’s Globe and Mail is reporting. The newspaper’s sources say Beijing is now deciding which of the proposed bids from China’s state-owned companies it should back. Pending Chinese...
July 29, 2010 @ 5:40 pm | Update |
Listening to the Potash of Saskatchewan (POT) conference call today, July 29, I kept thinking that some one was going to yell, “Cue the plague of locusts.” In Russia grain production will fall by 20% because of drought, the company said. Canadian wheat production is...
April 29, 2010 @ 1:41 pm | POT, Sell |
So was that good news or bad news that Potash of Saskatchewan (POT) announced this morning, April 28? For the first quarter of 2010 the company reported earnings of $1.47 a share and revenue of $1.71 billion. Both numbers beat Wall Street projections of $1.32 per...
March 1, 2010 @ 1:08 pm | Update |
Potash of Saskatchewan (POT) has been doing a lot of talking recently at private dinners with Wall Street analysts and Wall Street conference calls. The picture that emerges is of a company a lot more confident that it can see the turn in the fertilizer market. In a...
December 2, 2009 @ 1:04 pm | Leading Indicators |
Fertilizer stocks are flying today on news, reported by Industrial Minerals http://www.mineralnet.co.uk/Article/2350062/Potash-market-flat-in-November.html , that China and Belarusian Potash are negotiating a contract for as much as 850,000 metric tons. Such a deal...
November 16, 2009 @ 3:15 pm | Update |
Yara International (YARIY.PK) reported stinko revenue and earnings numbers for the third quarter of 2009 on October 21. Net income per share, for example, fell by a little more than 88% from the third quarter of 2008. So this was exactly the kind of kitchen sink...
October 1, 2009 @ 2:54 pm | Breaking News, Leading Indicators |
You can tell a lot about the short-term direction of the market from how it responds to news. A market that, in Wall Street parlance, wants to go up won’t pay any attention to bad news. It will rally anyway. A market full of investors looking for an excuse to take...
September 22, 2009 @ 10:30 am | Breaking News |
Potash of Saskatchewan (POT) lowered its guidance for third quarter 2009 and full year 2009 earnings again on Monday, September 21. The company now expects earnings of $3.25 to $3.75 for the full year versus its previous projections of $4.00 to $5.00 and the Wall...
August 27, 2009 @ 5:39 pm | Leading Indicators |
So when’s the farm rebound? The U.S. Department of Agriculture can’t cut its forecasts of farm income fast enough. Farm income will drop 38% in 2009 from 2008 levels, the USDA said on August 27. The forecast of $54 billion would mark a seven-year low in farm income...
August 20, 2009 @ 8:30 am | Update |
There’s just one more big customer negotiation standing between Potash of Saskatchewan (POT) and a bottom for potash prices. Unfortunately for anyone hoping for a quick fix that customer is China and the Chinese are likely to take their time striking a deal. In...
August 6, 2009 @ 11:04 am | Breaking News, Leading Indicators |
Want to give yourself some exposure to Canada’s commodities, Canada’s economy, and Canada’s currency,the Loonie? (See my 8:30 a.m. post today for the reasons that makes sense.) Here’s a quick eight stock portfolio to buy when the time is right....
July 27, 2009 @ 1:40 pm | Leading Indicators |
Has the stock market rally that has seen the Standard & Poor’s 500 index climb 44% off the March 9, 2009 low ended the bear market that began in October 2007? Or is the bear still fully in charge and the recent rally merely a typical bear market rally? Deciding...
July 23, 2009 @ 2:51 pm | Buy |
I’m putting in a buy Potash of Saskatchewan (POT) today. I wish it were $10 a share cheaper, but the company just delivered the kind of really terrible quarter that marks a bottom. Investors cheered–well, they bought–when the company told them...