Suddenly U.S. stocks seem vulnerable
It’s not like U.S. stocks didn’t have enough to worry about today. For the day the Standard & Poor’s 500 Stock Index closed at 2136.73, off by 1.24%. That was enough to push the S&P 500 below the 50-day moving average. The index has been flirting with that support level since early September. Maybe in this context the warnings issued today by Wall Street technical analysts feel like piling on–or maybe they are exactly what they seem, that is warnings
What would turn the plunge in the pound into a problem for global markets?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...A week ahead of talk about oil will produce volatility–and probably higher prices
Lots of talk with the potential to move oil markets on tap this week. Today, for example, Russian President Vladimir Putin said at the World Energy Congress in Istanbul, “Russia is ready to join in joint measures to limit output and calls on other oil exporters to do the same”
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Crude backs off on higher U.S. rig count, but international drilling continues to slow
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Verizon looks to claw back part of its purchase offer on Yahoo
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Jobs number comes in light but in an OK way
The U.S. economy added 156,000 jobs in September after an upwardly revised August report of 167,000 new jobs. The September number was less than the 172,000 jobs forecast by economists. The official unemployment rate ticked up to 5% in the month from 4.9% in August. But there’s nothing here to suggest that the Federal Reserve will put a December rate increase on hold. On the plus side, the labor participation rate moved up to a six-month high
Suddenly gold is paying attention to dollar, interest rates, Fed
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Is this coffee ETN the perfect uncorrelated, global warming play?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Qualcomm acquisition of NXP Semiconductor looks to be moving ahead
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Better than expected initial claims number raises odds for December move by Fed
A big drop in initial claims for unemployment reported this morning sets the stage for tomorrow’s report on jobs in September. A strong showing tomorrow would add to conviction in the financial markets that the Federal Reserve will raise interest rates at its December 14 meeting. According to the CME’s FedWatch, the Fed Funds Futures market is now pricing in a 63.9% chance of a December increase
