September 14, 2018 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don't justify a full post. I've decided to start compiling these notes here each day in a kind of running mini blog that I'm calling Notes...
September 14, 2018 | Daily JAM, Morning Briefing |
Retail sales rose 9% year over year in August, China's National Bureau of Statistics announced today. That was a modest but important pick up from the 8.8% rate in July. Economists surveyed by Briefing.com were looking for a 8.8% growth rate in August. Industrial...
September 13, 2018 | Daily JAM, Mid Term |
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...
September 13, 2018 | Daily JAM, Morning Briefing, Short Term |
The dollar is down today against the euro and some emerging market currencies, such as the Turkish lira, are rallying. The news ostensibly behind the move is some data indicating that U.S. inflation slipped in August. The logic goes that with inflation sliding the...
September 12, 2018 | AAPL, Daily JAM, You Might Have Missed |
Apple (AAPL) introduced two new models of its top of the line iPhone X, the iPhone Xs and the iPhone Xs Max, plus a new phone, the iPhone XR, an update on the iPhone 7 and iPhone 8, plus a new Series 4 version of its Apple Watch today, September 12. Wall Street, which...
September 12, 2018 | Daily JAM, FANG, PXD |
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...
September 12, 2018 | Daily JAM, Morning Briefing, Short Term |
Pay close attention. The Wall Street Journal is reporting that the United States "is said" to propose another round of trade talks with China. Thats not "There will be trade talk" or "China has accepted a U.S. proposal" or even "The United States has proposed" new...
September 11, 2018 | Daily JAM, Mid Term |
Let's start with a perhaps less obvious question: Why 60 days? Because that will take us through the historically volatile months of September and October (when fear can beget fear) to the middle of November, which historically tends to mark a turn in the markets...
September 11, 2018 | Daily JAM, Morning Briefing |
Apple (AAPL) shares are up strongly today--ahed 2.35% as of 2:30 p.m. New York time--in anticipation of the company's big product launch event tomorrow September 12. And Apple has taken the rest of the technology sector with it--helped by a bounce from the recent sell...
September 10, 2018 | Daily JAM, SGMO, Stock Alerts |
On Monday September 10, I snuck a buy recommendation for shares of Sangamo Therapeutics (SGMO) in just before the 5 p.m. deadline for my daily e-mail update. Here's a full post on the logic for that recommendation. I'd has been a wild ride for shares of biotech...
September 10, 2018 | Daily JAM, Mid Term, Morning Briefing |
China trade hardliners in the Trump administration, such as advisor Peter Navarro, have predicated their tariff campaign against China on the theory that hiking tariffs on more than $500 billion in Chinese exports to the United States (as proposed at the moment) will...
September 8, 2018 | Daily JAM |
Our regular (or occasional or perhaps occasionally regular) Friday series ( actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. Yields on...