Jubak Top 50 Portfolio

Jubak Top 50 Portfolio | Click to Expand Live Table
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2018-05-14 79.91
2018-04-30 52.69
2017-12-31 51.12
2017-12-20 45.84
2017-11-30 52.42
2017-07-11 19.63
2017-07-11 25.46
2017-02-17 91.92
2017-02-15 41.87
2017-02-14 26.25
2016-11-08 111.06
2016-11-02 127.17
2016-04-19 620.50
2016-02-08 60.89
2013-06-07 20.81
2013-05-03 48.26
2013-05-03 111.60
2013-05-03 28.55
2012-01-13 97.63
2011-01-18 47.20
2011-01-18 72.48
2010-01-05 45.98
2009-07-22 24.09
2008-12-30 54.09
2008-12-30 17.95
2008-12-30 69.52
2008-12-30 24.60
2008-12-30 15.31
2008-12-30 42.12
2008-12-30 20.85
2008-12-30 11.83
2008-12-30 8.64
2008-12-30 11.71
2008-12-30 6.94
2008-12-30 16.23
2008-12-30 20.36
2008-12-30 9.01
2008-12-30 37.65
2008-12-30 16.11
2008-12-30 17.11
2008-12-30 16.69
2008-12-30 150.99
2008-12-30 14.47
2008-12-30 6.11
2008-12-30 8.61
2008-12-30 50.08

Randgold Resources Ltd (GOLD)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2018-05-14 79.91

Randgold increases production, misses estimates on continued low price of gold

The relentless downward trend in the price of gold took a big bite out of shares of Randgold Resources (GOLD) in the second quarter. The company reported a drop of 15.8% in total revenue year over year. Diluted earnings per share were 54 cents against 88 cents in the second quarter of 2017 and missed Wall Street projections by 5 cents a share.

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China Southern Airlines Co Ltd (ZNH)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2018-04-30 52.69

Time to add China Southern Airlines to my 50 Stocks Portfolio

You might know that China Southern is the largest airline in China. But I bet you didn’t know that it has the largest fleet (702 planes) of any Asian airline. 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.

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Applied Materials Inc (AMAT)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2017-12-31 51.12

On the fifth day of Christmas my stock pick is Applied Materials–and five golden rings

I’m making Applied Materials (AMAT) my fifth day of Christmas pick. And I’m adding the stock to my long-term 50 Stocks portfolio today (for purchase on January 2.) Applied boasts an impressive global presence with an installed base of more than 30,000 tools and customer engineers stationed in nearly every chip-manufacturing facility in the world. The relationships that come with that installed base of tool and customer engineers is a huge competitive advantage in designing and introducing new generations of chip-making equipment.

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Southern Copper Corp (SCCO)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2017-12-20 45.84

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 long-term 50 Stocks Portfolio. (Tomorrow I’ll be adding another copper pick–but not a 12 Stock Picks of Christmas selection–to my Volatility Portfolio on my subscription sites JubakAM.com and JugglingWithKnives.com.

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Sociedad Quimica y Minera de Chile SA (SQM)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2017-11-30 52.42

Turmoil isn’t done in lithium sector with volatility at SQM and ALB

The announcement of a deal between Sociedad Química y Minera de Chile (SQM) and Chile’s development agency CORFO that resolves a long-standing dispute on royalty rates and that would allow SQM to expand lithium production from the brines at government-owned Salar de Atacama in Chile’s Atacama Desert has roiled the entire lithium sector

Posted in ALB, Breaking News, Jubak Picks Portfolio, SQM, Top 50 Portfolio | Tagged , , , , , , , | Leave a comment

Fanuc Corporation (FANUY)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2017-07-11 19.63

Robots, robots everywhere: Good for long-term pick Fanuc

The International Federation for Robotics latest report forecasts a 15% compounded annual growth rate for global shipments of industrial robots through 2020. That would follow 16% to 18% annual growth in 2016-2017. By 2020 annual unit shipments are estimated to reach 521,000, up from 294,000 in 2016 and 159,000 in 2012.

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Nidec Corporation (NJDCY)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2017-07-11 25.46

Adding Nidec (NJDCY) to my long-term 50 stocks portfolio

Back on July 11 I wrote a Sector Monday post on the robotics sector on my subscription site JubakAM.com. I’ve already added Fanuc (FANUY) to my long-term 50 Stocks portfolio. And tomorrow with this post I will be adding Nidec (NJDCY) to that same long-term portfolio. That leaves only Autodesk (ADSK) from that post as a potential stock pick. On July 11 I wrote that I’d wait to see if we got any kind of a dip during technology earnings season, which goes into high gear next week, before adding Autodesk to any of my portfolios.

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Albemarle Corporation (ALB)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2017-02-17 91.92

Buying Albermarle today for my Jubak Picks Portfolio

Who says the collapse of the Turkish lira and of the Turkish stock market isn’t good news for anyone? While it’s certainly true that the troubles in Turkey–which have become worse as the country’s relationship with the United States has tipped for mild disagreement to disfunction–have sent a shudder through all emerging markets at a time when those markets don’t need anything new to worry about. But the sell off in Turkey and the weakness in emerging markets has also led to a knee-jerk retreat in commodity prices. Which is actually good news if you were looking to buy a commodity stock today–which I was–and if the commodity in question has nothing to do with the Turkish market or economy. Let’s get this straight. I was going to add shares of lithium producer Albemarle (ALB) to my Jubak Picks Portfolio anyway today.

Posted in ALB, Breaking News, Buy, Jubak Picks Portfolio, Stocks | Tagged , , , , | Leave a comment

PayPal Holdings, Inc. (PYPL)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2017-02-15 41.87

PayPal pops on earnings report

PayPal Holdings (PYPL) closed up 9.42% today to $84.78 on third quarter earnings, announced after the close yesterday, that beat Wall Street projections. Analysts had expected 54 cents a share against a report of 58 cents a share. Revenue of $3.68 billion beat the consensus by $20 million. In the period the company added 9.1 million active accounts to bring the total for active accounts up to 254 million, a15% year over year increase. Payment transactions were up in numbers to 2.5 billion, s 27% increase year over year, and total payment volume climbed 24% year over year to $143 billion. One big driver for the better than expected results was PayPal’s Venmo person to person payments platform.

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Tencent Holdings Limited (TCEHY)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2017-02-14 26.25

Buying Tencent Holdings for my Jubak Picks Portfolio

Today (or tomorrow morning, actually, October 2) I’m adding Tencent Holdings (TCEHY) to my 12-18 month Jubak Picks Portfolio. (The stock is already a member of my long-term 50 Stocks Portfolio. As I wrote in my Special Report: 10 Picks for the Emerging Markets bounce, if I was going to buy only one stock for the bounce, this would be it.

Posted in Breaking News, Buy, Jubak Picks Portfolio, Stocks, TCEHY | Tagged , , , , , | Leave a comment

Apple Inc. (AAPL)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2016-11-08 111.06

Bounce, pause, bounce again: 5 picks for a second “stronger bounce” scenario for next week

It’s not surprising that Monday’s bounce has taken a breather today. As of 2 p.m. New York time the Standard & Poor’s 500 is ahead a scant 0.12% and the Dow Jones Industrial Average has picked up 0.10%. The NASDAQ Composite has gained 0.09% and the small cap Russell 2000 index is down by 0.82%. The news flow today is dominated by the uncertainties of the talks between U.S. President Donald Trump and Chinese President Xi Jinping at the Group of 20 economic summit that runs from November 30 through December 1. Plans now include a dinner between the two leaders on Saturday night. At the moment the market is worried that global and U.S. stocks will tank if there’s no progress at the meeting on ending the U.S.-China trade war. So you can understand that investors and traders who are looking at gains from the bounce last Wednesday and yesterday are at least thinking about taking a profit or two and certainly are reluctant to put new money to work ahead of the meeting. On the other hand, those same traders and investors know that global and U.S. stocks are likely to move up strongly if there are signs of progress at the weekend meeting. And that makes them reluctant to move too quickly to the sidelines.

Posted in AAPL, Breaking News, Stocks, Top 50 Portfolio | Tagged , , , , , , | Leave a comment

Facebook, Inc. (FB)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2016-11-02 127.17

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 active users (1.49 billion globally in the third quarter versus projections for 1.5 billion) and then have your CEO say that markets are saturated in the developed world, and still see your stock go up 2.80% in after-hours trading. During the regular session today, October 30, Facebook shares climbed 2.91%

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Amazon.com, Inc. (AMZN)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2016-04-19 620.50

I’m selling my Amazon November 23 Puts today

When I bought the November 23 Puts (AMZN181123P01852500) with a strike price of $1852.50 on Amazon on Monday, October 22, I wasn’t looking for a severe multiday sell off in the stock market that focused yesterday, October 24, at least, on growth stocks. Instead I was looking for a more modest, more Amazon-specific play on the company’s October 25 earnings report. Analysts were busy raising their price targets for the stock ahead of earnings and that set up the possibility of a profitable very short-term trade if the report disappointed in some way. Which I thought was likely because of recent quarters of very slow growth in the Amazon Prime membership program. But the big sell off yesterday has scrambled expectations

Posted in AMZN, Breaking News, Options, Sell, Stocks, Volatility Portfolio | Tagged , , , , | Leave a comment

Alibaba Group Holding Limited (BABA)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2016-02-08 60.89

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 day climbed 27%. The news for Alibaba isn’t quite as positive as that new record makes it sound–and it’s even more mixed for the Chinese economy.

Posted in BABA, Breaking News, Jubak Picks Portfolio, Stocks, Top 50 Portfolio | Tagged , , , | Leave a comment

Chesapeake Energy Corporation (CHK)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2013-06-07 20.81

Time to clear away the brush in my long-term 50 Stocks portfolio–selling four stocks out of this portfolio ahead of January rebalancing

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. This rebalancing works pretty well for a long-term portfolio that looks for companies with a competitive advantage that will endure for five years or more. This rebalancing gives the portfolio a chance to make a profit on the cycles that even a great stock and company go through. Thanks to the rebalancing I buy more of what’s out of favor now and can look forward to a profit when the stock moves back into favor.This works–as long as the stock is just temporarily out of favor. I certainly don’t want to send good money chasing after bad if something fundamental has changed for the worse about the company’s competitive position. (Or if I’ve made a mistake–perish the thought–in my initial analysis of the company and the stock.) So ahead of that January rebalancing I’m going to clear out a few stocks that I don’t especially want to own in 2018–or for the long haul either.

Posted in AGN, AUY, BHP, Breaking News, CHK, FLR, GE, POT, SPWR, Stocks, Top 50 Portfolio | Tagged , , , , , , , , , | Leave a comment

The Middleby Corporation (MIDD)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2013-05-03 48.26

Middleby bounces back strong, up 14%, on Q2 earnings report today

That’s better. Today, before the market opened in New York, Middleby (MIDD) reported second quarter earnings of $1.63 a share. That was 7 cents a share above Wall Street projections and 20.&% higher than the $1.35 a share reported for the second quarter of 2017. Revenue climbed 15.3% year over year to $668.1 million, well above analyst consensus act $$645.9 million. On the news shares closed up 13.66% today to $120.18.

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Cummins Inc. (CMI)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2013-05-03 111.60

Buying Cummins today for my Dividend Portfolio

In my on-going Special Report: 10 Best Stocks in 10 Sectors (running on my JubakAM.com subscription site) I laid out the case for buying Cummins (CMI) now a a dividend stock with the expectation that as the current depression over the share price of industrial exporters lifts, the buy will also generate very attractive capital gains. Here’s the logic that I laid out in the Special Report: “By now I think it’s clear that management smarts are at least as important as technology in making money in the transition to electric vehicles. (Tesla (TSLA) and Elon Musk make up a good case study.) And I think it’s reasonable to assume on initial reaction to Tesla’s announcement of an intention to enter the electric truck market that dealer infrastructure will be make or break for the introduction of this new technology. If all of that is true–whether the company in question is a pure play electric vehicle start up or a legacy vehicle company trying make the transition to an electric vehicle future–then my pick in this sub-sector is truck-engine maker Cummins.

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Cheniere Energy, Inc. (LNG)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2013-05-03 28.55

Selling Cheniere Energy out of my Jubak Picks portfolio on China trade war

Back when President Donald Trump and President Xi Jinping were best buds they announced a deal in principle that would expand Chinese purchases of liquified natural gas from the United States in general and Cheniere Energy (LNG) in particular. I think we can assume that deal is off the table for quite some time. The market seems to agree. Today when the entire market–and the energy sector–dropped, shares of Cheniere Energy fell 2.8% to close at $62.43.

Posted in Breaking News, Jubak Picks Portfolio, LNG, Sell | Tagged , , , | Leave a comment

Pioneer Natural Resources Company (PXD)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2012-01-13 97.63

Oil gains on Trump-Xi “success, Russia-Saudi “deal,” and actual production cuts from Alberta

At the same Group of 20 meeting that saw the Trump-Xi dinner, Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin agreed to extend their cooperation in setting production goals for OPEC & Friends. The agreement didn’t say anything about specific production targets or any reductions in production, but cooperation between Russia and Saudi Arabia is key to any agreement to reduce production at this week’s OPEC meeting. Call the deal necessary to a production cut but not sufficient to deliver one. In talks between the two countries since then Russia has offered to cut production by 150,000 barrels a day. That would leave their country shouldering too large a portion of any cuts, the Saudis have argued. But at least this puts Russia and Saudi Arabia both on the “cut production” side of the ledger.

Posted in Breaking News, EQNR, FANG, Jubak Picks Portfolio, PXD | Tagged , , , , , , | Leave a comment

DowDuPont Inc (DWDP)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2011-01-18 47.20

Fluor Corporation (FLR)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2011-01-18 72.48

Time to clear away the brush in my long-term 50 Stocks portfolio–selling four stocks out of this portfolio ahead of January rebalancing

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. This rebalancing works pretty well for a long-term portfolio that looks for companies with a competitive advantage that will endure for five years or more. This rebalancing gives the portfolio a chance to make a profit on the cycles that even a great stock and company go through. Thanks to the rebalancing I buy more of what’s out of favor now and can look forward to a profit when the stock moves back into favor.This works–as long as the stock is just temporarily out of favor. I certainly don’t want to send good money chasing after bad if something fundamental has changed for the worse about the company’s competitive position. (Or if I’ve made a mistake–perish the thought–in my initial analysis of the company and the stock.) So ahead of that January rebalancing I’m going to clear out a few stocks that I don’t especially want to own in 2018–or for the long haul either.

Posted in AGN, AUY, BHP, Breaking News, CHK, FLR, GE, POT, SPWR, Stocks, Top 50 Portfolio | Tagged , , , , , , , , , | Leave a comment

Canadian National Railway Company (CNI)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2010-01-05 45.98

General Electric Company (GE)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2009-07-22 24.09

I’m selling GE out of my Dividend Portfolio ahead of tomorrow’s earnings report

General Electric (GE) is scheduled to finally report third quarter earnings tomorrow. Wall Street is looking for earnings per share of 20 cents for the quarter on revenue of $29.94 billion. I’m expecting that new CEO Lawrence Culp, the former CEO of Jubak Picks portfolio member Danaher (DHR), and a very well seasoned operations guy, will announce a kitchen sink quarter with big write downs and a savage cut or elimination of the dividend. In the long run, I think Culp is the right person to turn General Electric around and I think there’s  good chance that the shares will be a good turnaround play sometime in 2019. But in the shorter run, the elimination of the dividend will would mean that those dividend investors still holding the stock–which does still pay 4.07% even after a huge cut to the dividend thanks to a 34.5% drop in the share price in 2018 through October 26–and those mutual funds that hold the stock but have rules against owning shares that don’t pay dividends will be sellers on the news.

Posted in Breaking News, Dividend Income Portfolio, GE, Stocks | Tagged , , | Leave a comment

Pepsico, Inc. (PEP)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 54.09

Luxottica Group S.p.A. (LUXGF)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 17.95

Monsanto Company (MON)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 69.52

Nutrien Ltd (NTR)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 24.60

Rayonier Inc. (RYN)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 15.31

Schlumberger Limited (SLB)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 42.12

Oil continues to move higher on Middle East fears

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 strengthened today. But the markets had news of another missile attack on Saudi Arabia–again unsuccessful–by Houthi rebels in Yemen. The Houthis are backed by Iran and Yemen has become a proxy war for power in the Middle East between Iran and Saudi Arabia (and by extension, Russia and the United States.)

Posted in Breaking News, Dividend Income Portfolio, FANG, HP, Jubak Picks Portfolio, PXD, SLB, STO, Stocks, Top 50 Portfolio, Volatility Portfolio, YPF | Tagged , , , , , , , , | Leave a comment

Tenaris S.A. (TS)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 20.85

Vale S.A. (VALE)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 11.83

VALE continues to make progress to becoming a “true corporation”

The ultimate goal is to convert Vale (VALE), the global iron ore producer, into a true corporation from its current status as a company controlled by a shareholder group consisting of Brazilian pension funds, Brazilian bank Bradesco, and Japan’s Mitsui. This transformation would remove worries that Vale, possibly the most important Brazilian company after Petrobras (PBR), runs its business to suit the government instead of its private shareholders. With Brazil locked into a corruption scandal that has already brought down one president and that now threatens another, removing worries about government manipulation would do nothing but good for the stock.

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LATAM Airlines Group S.A. (LTM)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 8.64

Johnson Controls International plc (JCI)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 11.71

Johnson Controls moves closer–maybe–to breaking out of doldrums

Johnson Controls, a member of my long-term 50 Stocks portfolio, hasn’t done much of anything for a year now. Over the last 12 months the shares are up just 0.66%. That performance isn’t surprising. The company just about completely remade itself in 2016 by spinning off its automotive interiors business and by merger with Ireland-based Tyco International in what has been called one of the most egregious examples of corporate tax avoidance since Constantine outsourced the Roman Empire to Byzantium. Frankly I don’t think investors have known what to do with the “new” company–and the bad taste left by the 2016 tax inversion ploy and the company’s continued problems in generating cash have given investors very few reasons to put in the homework necessary to figure it out. But I think Johnson Controls deserves a little bit of attention now

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CEMEX, S.A.B. de C.V. (CX)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 6.94

Mexico’s rally on interest rate cuts looks to be 6 months behind Brazil’s

If you’re looking for a turn in the Mexican economy and financial markets akin to what we’ve seen from Brazil in 2016, then I think you’ll have to wait a bit longer. Mexico lags behind Brazil in its economic and monetary cycles. If speculation right now is about whether the Banco Central do Brasil will cut interest rates in October, then speculation currently is about whether the Banco de Mexico will raise interest rates when it meets on Thursday, September 29

Posted in Bonds, CX, ETFs, ITUB, Jubak Picks Portfolio, Stocks, Top 50 Portfolio | Tagged , , , , , , | Leave a comment

Cisco Systems, Inc. (CSCO)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 16.23

Tapistry Inc. (TPR)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 20.36

Corning Incorporated (GLW)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 9.01

Corning drops on accounting loss from tax cut bill

Shares of Corning (GLW) took a 5.61% hit Tuesday, January 30,as the company reported a huge quarterly loss of $1.66 a share–or $1.412 billion. But all that loss was due to a $1.8 billion accounting write down as a result of the Tax Cuts and Jobs Act. Excluding that one-time item Corning reported earnings of 49 cents a share, slightly above Wall Street expectations for 47 cents a share. Sales climbed 7.4% year over year, above analyst estimates

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Deere & Company (DE)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 37.65

Deere beats on earnings, raises guidance, soars 7.3% on the day

Before the market open today, Deere (DE) reported fiscal second quarter earning of $2.14 a share. (That excludes the gain from the sale of SiteOne Landscape Supply for $111 million.) Those earnings were 45 cent a share better than the Wall Street consensus of $1.69 a share. Revenue climbed just 2.2% year over year so the beat was largely a result of costs savings, a more profitable product mix, and higher realized prices. Cost of sales in the company’s equipment business fell to 75% in the quarter from a prior forecast of 78%.Deere raised its guidance for the third quarter to an 18% increase in revenue

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Enbridge Inc. (ENB)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 16.11

Flowserve Corporation (FLS)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 17.11

General Cable Corporation (BGC)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 16.69

Alphabet Inc. (GOOG)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 150.99

GOOG gets hit by market profit margin fears even after good earnings

Some times in the financial markets, the numbers aren’t as important as the narrative. I think that was the case with Alphabet (GOOG) today, Tuesday, April 24. Monday after the market close Alphabet reported first quarter earnings of $9.93. That was a healthy 64 cents a share above the Wall Street consensus estimate for the quarter. Revenue climbed 25.9% two $31.15 billion. That was $870 million above Wall Street projections. Paid clicks on Google properties rose 59% year over year.  But Tuesday the stock sank by 4.45%, dropping $47.47 a share to $1019.98 Why the drop on such good earnings numbers?

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HDFC Bank Limited (HDB)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 14.47

No signs of danger to HDFC Bank from India’s online revolution–in fact, on the contrary…

It’s only sensible to worry about numbers like these–they’re just so deliciously good. For the last 10 years, India’s HDFC Bank has been able to grow its loan portfolio by 31% annually. It’s deposit base has expanded at almost the same rate, 29% annually. That combination has enabled the bank to average a net interest margin of 4.7% over that period. But India’s financial system is going through a digital revolution as online banking–often using cell phones–grabs a bigger and bigger share of the market. It’s only reasonable to worry if that revolution will hurt HDFC Bank’s growth trends. It doesn’t seem like it.

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Infosys Limited (INFY)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 6.11

Itau Unibanco Holding S.A. (ITUB)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 8.61

Itau Unibanco gains on central bank rate cut–but advance in Brazilian stocks muted by arrest of another big-fish politico

Yesterday the Banco Central do Brasil reduced Brazil’s benchmark interest rate for the first time in four years. The cut, 25 basis points to 14%, was less than the 50 basis points the market was hoping for. But the dream is that it will be just the first of many reductions in the benchmark rate. The last time the rate was reduced was in October 2012 when the bank cut to 7.25%. So why has the response been so relatively modest?

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Bunge Limited (BG)
Purchase Date Symbol Name Purchase Price Last Price Jubak's Gain/Loss Jubak's Gain/Loss %
2008-12-30 50.08

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 (often) face hanging. In their case it’s often the appearance of an unwanted corporate suitor that brings new energy and focus to the job of running a company. So it seems with Bunge (BG), the world’s largest processor of oilseed and a leading merchant of corn soybeans, and wheat.

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Jubak Top 50 Portfolio

Oil gains on Trump-Xi “success, Russia-Saudi “deal,” and actual production cuts from Alberta

At the same Group of 20 meeting that saw the Trump-Xi dinner, Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin agreed to extend their cooperation in setting production goals for OPEC & Friends. The agreement didn’t say anything about specific production targets or any reductions in production, but cooperation between Russia and Saudi Arabia is key to any agreement to reduce production at this week’s OPEC meeting. Call the deal necessary to a production cut but not sufficient to deliver one. In talks between the two countries since then Russia has offered to cut production by 150,000 barrels a day. That would leave their country shouldering too large a portion of any cuts, the Saudis have argued. But at least this puts Russia and Saudi Arabia both on the “cut production” side of the ledger.

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Bounce, pause, bounce again: 5 picks for a second “stronger bounce” scenario for next week

It’s not surprising that Monday’s bounce has taken a breather today. As of 2 p.m. New York time the Standard & Poor’s 500 is ahead a scant 0.12% and the Dow Jones Industrial Average has picked up 0.10%. The NASDAQ Composite has gained 0.09% and the small cap Russell 2000 index is down by 0.82%. The news flow today is dominated by the uncertainties of the talks between U.S. President Donald Trump and Chinese President Xi Jinping at the Group of 20 economic summit that runs from November 30 through December 1. Plans now include a dinner between the two leaders on Saturday night. At the moment the market is worried that global and U.S. stocks will tank if there’s no progress at the meeting on ending the U.S.-China trade war. So you can understand that investors and traders who are looking at gains from the bounce last Wednesday and yesterday are at least thinking about taking a profit or two and certainly are reluctant to put new money to work ahead of the meeting. On the other hand, those same traders and investors know that global and U.S. stocks are likely to move up strongly if there are signs of progress at the weekend meeting. And that makes them reluctant to move too quickly to the sidelines.

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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 day climbed 27%. The news for Alibaba isn’t quite as positive as that new record makes it sound–and it’s even more mixed for the Chinese economy.

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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 $2.48 billion against an analyst consensus of $2.24 billion.

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How could Apple be so stupid?

For some reason, Apple (AAPL) has picked choice B. Starting in fiscal 2019, which means in the December quarter, the company won’t report unit sales of its iPhones (or iPads and Macs.) The effect not even a week after the announcement of the new reporting standards (and Apple’s September quarter earnings report with its disappointing growth in iPhone unit sales) has been to burn through a lot of good will in the Wall Street analyst and money manager sectors.

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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 active users (1.49 billion globally in the third quarter versus projections for 1.5 billion) and then have your CEO say that markets are saturated in the developed world, and still see your stock go up 2.80% in after-hours trading. During the regular session today, October 30, Facebook shares climbed 2.91%

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I’m selling GE out of my Dividend Portfolio ahead of tomorrow’s earnings report

General Electric (GE) is scheduled to finally report third quarter earnings tomorrow. Wall Street is looking for earnings per share of 20 cents for the quarter on revenue of $29.94 billion. I’m expecting that new CEO Lawrence Culp, the former CEO of Jubak Picks portfolio member Danaher (DHR), and a very well seasoned operations guy, will announce a kitchen sink quarter with big write downs and a savage cut or elimination of the dividend. In the long run, I think Culp is the right person to turn General Electric around and I think there’s  good chance that the shares will be a good turnaround play sometime in 2019. But in the shorter run, the elimination of the dividend will would mean that those dividend investors still holding the stock–which does still pay 4.07% even after a huge cut to the dividend thanks to a 34.5% drop in the share price in 2018 through October 26–and those mutual funds that hold the stock but have rules against owning shares that don’t pay dividends will be sellers on the news.

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I’m selling my Amazon November 23 Puts today

When I bought the November 23 Puts (AMZN181123P01852500) with a strike price of $1852.50 on Amazon on Monday, October 22, I wasn’t looking for a severe multiday sell off in the stock market that focused yesterday, October 24, at least, on growth stocks. Instead I was looking for a more modest, more Amazon-specific play on the company’s October 25 earnings report. Analysts were busy raising their price targets for the stock ahead of earnings and that set up the possibility of a profitable very short-term trade if the report disappointed in some way. Which I thought was likely because of recent quarters of very slow growth in the Amazon Prime membership program. But the big sell off yesterday has scrambled expectations

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Amazon falls after hours on disappointing guidance

Shares of Amazon (AMZN) climbed 7.09%, 117.97 points, in the regular session today on hopes for a good earnings report after the market close. The company delivered an earnings beat for the current quarter, reporting earnings of $5.75 a share, $2.66 better than the $3.09 Wall Street analysts had expected. Revenue of $56.58 billion was up 29.3% year over year but below the $57.03 billion projected by analysts. The big sin, however, was the release of lower guidance for the fourth quarter

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For another week when anticipated volatility is running high, here are three volatility plays

The financial markets are expecting another week of volatility almost as severe as last week.

The futures market entered last week expecting a move of something like 70 points on the Standard & Poor’s 500, according to calculations by Theo Trade. We got almost exactly that. This week, the expected move is something like 60 points for the Standard & Poor’s 500. Not quite as much anticipated volatility as last week but still a move some 2 to 4 times larger than on the average week. It’s important to remember that anticipated volatility isn’t directional. Expectations are for a move of 60 points higher or lower. But this high degree of anticipated volatility does mean the market is set up for a big move this week in one direction or another.

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PayPal pops on earnings report

PayPal Holdings (PYPL) closed up 9.42% today to $84.78 on third quarter earnings, announced after the close yesterday, that beat Wall Street projections. Analysts had expected 54 cents a share against a report of 58 cents a share. Revenue of $3.68 billion beat the consensus by $20 million. In the period the company added 9.1 million active accounts to bring the total for active accounts up to 254 million, a15% year over year increase. Payment transactions were up in numbers to 2.5 billion, s 27% increase year over year, and total payment volume climbed 24% year over year to $143 billion. One big driver for the better than expected results was PayPal’s Venmo person to person payments platform.

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Buying Apple January 18 calls at $225 ahead of earnings

You may remember a pre-earnings trade that I advocated a few quarters back with Nvidia (NVDA) and a couple of other stocks. Well, I’m putting it on again today ahead of Apple’s (AAPL) quarterly report now scheduled for October 30. I’m adding the January 18, 2019 call options with a strike price of $225 to my Volatility Portfolio today.

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Tomorrow’s inflation numbers are important after today’s rout

At 3:30 p.m. New York time the Dow Jones Industrial Average was down a big 2.39% or 632 points. The Standard & Poor’s 500 was lower by 2.55%. The NASDAQ Composite Index fell 3.16%. (The S&P 500 closed down 3.29%. The Dow was lower by 832 points or 3.15%. The Nasdaq closed off 4.08%.) The rout came on fears that the U.S.-China trade war would cut into U.S., Chinese, and global growth. Big U.S. exporters Boeing (BA) and Caterpillar (CAT) closed down 4.66% and 3.84%, respectively. And tomorrow?

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Oil moves higher today on Hurricane Michael, IEA supply warning

U.S. benchmark West Texas Intermediate crude climbed 0.7% today to close at $74.81 a barrel. International benchmark Brent crude rose 1.23% to $84.94 a barrel. The International Energy Agency warned of what it termed a “risky situation; the oil markets are entering the red zone,” according to IEA Executive Director Fatih Birol. “Expensive energy is back at a bad time, when the global economy is losing momentum. We really need more oil.”

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Oil surges on no action at OPEC meeting

Today oil prices breached levels that have oil traders talking about $100 a barrel oil again on OPEC’s decision at its weekend meeting not to boost oil production. U.S. benchmark West Texas Intermediate climbed 2.15% as of noon today, September 24, to move solidly past the $70 a barrel barrier to $72.30. International benchmark Brent crude soared 2.79% to break the $80 a barrel level at $81.00. These are the highest prices in four years.

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Pioneer Natural Resources signs deal to cut fracking sand costs by 50%

It’s always important to see who has the leverage–customers or suppliers–when costs start to rise.On the recent agreement between Pioneer Natural Resources (PXD), perhaps the dominant oil shale producer in the Permian Basin, and fracking sand producer U.S. Silica Holdings (SCLA), it’s clear the advantage lies with Pioneer. The two companies have signed a long-term deal on fracking sand that’s to run for 15 years.

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Is the next big tech stock thing, Chinese tech stocks?

There’s some evidence that the money that has left big U.S. tech stocks such as Facebook (FB), Netflix (NFLX), Microsoft (MSFT) and Amazon (AMZN) on some recent days has been headed into big Chinese tech stocks such as Tencent Holdings (TCEHY), Alibaba (BABA), and Baidu (BIDU.) You could find that pattern in evidence today when the Technology Select Sector SPDR ETF) was up 1.15% and the Invesco China Technology ETF (CQQQ) climbed 3.49%. Tencent gained 5.22%. Alibaba was ahead 2.52%. Baidu moved up 1.71%. It’s not hard to find reasons for the possible rotation into big Chinese tech stocks.

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Do you have the patience for the Permian? Should you?

It hasn’t exactly been a great few months oil shale producers in the Permian Basin. Shares of Pioneer Natural Resources (PXD), the biggest pure play on Permian oil, closed at $169.97 a share today, August 29, down from $212.31 a share on May 18. That’s a decline of 17.3% at a time when prices for benchmark crude such as West Texas Intermediate and Brent has been climbing. Shares of peer Permian producer Diamondback Energy (FANG) are down 10.5% over the same period. The problem?

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Randgold increases production, misses estimates on continued low price of gold

The relentless downward trend in the price of gold took a big bite out of shares of Randgold Resources (GOLD) in the second quarter. The company reported a drop of 15.8% in total revenue year over year. Diluted earnings per share were 54 cents against 88 cents in the second quarter of 2017 and missed Wall Street projections by 5 cents a share.

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Buying Cummins today for my Dividend Portfolio

In my on-going Special Report: 10 Best Stocks in 10 Sectors (running on my JubakAM.com subscription site) I laid out the case for buying Cummins (CMI) now a a dividend stock with the expectation that as the current depression over the share price of industrial exporters lifts, the buy will also generate very attractive capital gains. Here’s the logic that I laid out in the Special Report: “By now I think it’s clear that management smarts are at least as important as technology in making money in the transition to electric vehicles. (Tesla (TSLA) and Elon Musk make up a good case study.) And I think it’s reasonable to assume on initial reaction to Tesla’s announcement of an intention to enter the electric truck market that dealer infrastructure will be make or break for the introduction of this new technology. If all of that is true–whether the company in question is a pure play electric vehicle start up or a legacy vehicle company trying make the transition to an electric vehicle future–then my pick in this sub-sector is truck-engine maker Cummins.

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Buying Albermarle today for my Jubak Picks Portfolio

Who says the collapse of the Turkish lira and of the Turkish stock market isn’t good news for anyone? While it’s certainly true that the troubles in Turkey–which have become worse as the country’s relationship with the United States has tipped for mild disagreement to disfunction–have sent a shudder through all emerging markets at a time when those markets don’t need anything new to worry about. But the sell off in Turkey and the weakness in emerging markets has also led to a knee-jerk retreat in commodity prices. Which is actually good news if you were looking to buy a commodity stock today–which I was–and if the commodity in question has nothing to do with the Turkish market or economy. Let’s get this straight. I was going to add shares of lithium producer Albemarle (ALB) to my Jubak Picks Portfolio anyway today.

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Middleby bounces back strong, up 14%, on Q2 earnings report today

That’s better. Today, before the market opened in New York, Middleby (MIDD) reported second quarter earnings of $1.63 a share. That was 7 cents a share above Wall Street projections and 20.&% higher than the $1.35 a share reported for the second quarter of 2017. Revenue climbed 15.3% year over year to $668.1 million, well above analyst consensus act $$645.9 million. On the news shares closed up 13.66% today to $120.18.

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The two minor–but very important–flaws in Apple’s great quarter

If Apple (AAPL) hadn’t climbed to become the first $1 trillion company by market cap, these flaws probably wouldn’t be worth talking about. But when investors and traders have driven a stock’s valuation up to these levels–in clear anticipation that someone not too far down the road is going to be willing to pay more for these shares–it’s worth looking at any signs that, well, cracks might be showing up in the company that could change assumptions about the company’s unlimited upside.

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Amazon to the earnings rescue after Facebook plunge

A day after Facebook (FB) told Wall Street analysts to expect slower growth for the rest of 2018 (and saw its stock plunge 18.96%) Amazon (AMZN) beat Wall Street earnings projections by a massive $2.58 a share, reporting earnings for the second quarter of $5.07 versus Wall Street projections for $2.49. Revenue of $52.9 billion was slightly short of the Wall Street consensus of $53.55. Revenue grew 39% in the quarter from the second quarter of 2017. The star this quarter was once again Amazon’s cloud business

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Facebook closes down 18.96% on the day

Golly gee, what could be the big story in the U.S. markets today? How about the rout in Facebook (FB) shares–down 18.96% or $41.24 to $176 at the close. That $112 billion dollar drop in the market value of Facebook gives the company the record for the largest one day drop in a company’s market value. Intel (INTC) held the record previously with a $91 billion loss back in 2000. The plunge came as the company announced a growth stumble for the second quarter.

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Selling Cheniere Energy out of my Jubak Picks portfolio on China trade war

Back when President Donald Trump and President Xi Jinping were best buds they announced a deal in principle that would expand Chinese purchases of liquified natural gas from the United States in general and Cheniere Energy (LNG) in particular. I think we can assume that deal is off the table for quite some time. The market seems to agree. Today when the entire market–and the energy sector–dropped, shares of Cheniere Energy fell 2.8% to close at $62.43.

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Putting gold back into the 50 Stocks Portfolio with Randgold Resources

Today, I’m adding Randgold Resources (GOLD) to my 50 Stocks Portfolio. The company had what I regard as a temporary stumble in its most recent quarter. That hasn’t changed the attractive long-term fundamentals but it has created a decent if not jump up and down in glee buying opportunity in the shares, which closed at $79.91, up 0.25%, today, May 14. Here’s the Randgold story in brief.

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No surprise: Oil moves higher on day after U.S. pulls out of Iran nuclear deal

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 the 2015 Iran nuclear deal. Second, U.S. crude inventories unexpectedly dropped last week, the U.S. Energy Information Administration reported. Inventories fell by 2.2 million barrels. Oil analysts were looking for an increase in inventories of 1 million barrels.

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Ignore the short-term oil volatility and continue to hold Pioneer Natural Resources for the long-term story

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 so much noise in the oil markets. First, oil rallied this morning on speculation that on President Donald Trump will act to reimposed sanctions on Iran at the May 12 decision for re-certifying the deal or not. Then, oil gave back most of its gains, with West Texas Intermediate falling back below $70 a barrel, on a White House announcement that the President would announce a decision tomorrow. The speculation is that moving up the decision without the President releasing a Twitter barrage criticizing the deal means that he will keep the U.S. in the agreement in some form. But this is all speculation. Here are the two things that we actually know the should govern your decision to continue to hold Pioneer Natural Resources.

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Apple beats on earnings; iPhone sales of 52.2 million slightly below consensus of 52.3 million units

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 cents a share above the Wall Street consensus of $2.68. Revenue for the quarter (the second quarter of Apple’s fiscal year) was up 15.6% year over year to $61.14 billion against the Wall Street consensus of $60.94 billion.
 

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Israel’s Prime Minister announces major statement Monday night on Iranian nuclear program

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. (8 p.m. in Tel Aviv is 1 p.m. in New York.) Israeli news sources are saying that the government has obtained documents that government sources say prove Iran has misled the world about its nuclear program.

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Time to add China Southern Airlines to my 50 Stocks Portfolio

You might know that China Southern is the largest airline in China. But I bet you didn’t know that it has the largest fleet (702 planes) of any Asian airline. 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.

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Did Intel and Amazon finally break the sell on earnings beat pattern today?

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 are to see what the shares did in after-hours trading, after investors and traders saw the earnings news, and to see how the market treats these beats tomorrow

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GOOG gets hit by market profit margin fears even after good earnings

Some times in the financial markets, the numbers aren’t as important as the narrative. I think that was the case with Alphabet (GOOG) today, Tuesday, April 24. Monday after the market close Alphabet reported first quarter earnings of $9.93. That was a healthy 64 cents a share above the Wall Street consensus estimate for the quarter. Revenue climbed 25.9% two $31.15 billion. That was $870 million above Wall Street projections. Paid clicks on Google properties rose 59% year over year.  But Tuesday the stock sank by 4.45%, dropping $47.47 a share to $1019.98 Why the drop on such good earnings numbers?

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