October 29, 2018 | Daily JAM, Morning Briefing |
The savings rate dipped in September, the Commerce Department reported this morning. Americans. Americans saved 6.2% of their disposable income, the lowest level since 2013. Incomes grew by just 0.2%, the weakest in more than a year. That's not good news considering...
October 28, 2018 | Daily JAM, Volatility, You Might Have Missed |
... the return of stock buybacks to U.S. markets. It's not a cure all for recent market weakness but the return of corporate buyers will certainly help support share prices. JP Morgan projects that U.S. buybacks will hit $900 billion to $1 trillion in 2018. That's up...
October 26, 2018 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series ( surprise, actually running on Friday 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....
October 26, 2018 | Daily JAM, Short Term |
What's really remarkable is not that U.S. stocks are down again today, but that the U.S. market is hanging so tough. There's no sign of the kind of capitulation that usually marks the end of a downturn. In fact, there's very little sign of the kind of panic that...
October 26, 2018 | Daily JAM, Short Term, Volatility |
The major U.S. indexes opened the day strongly lower on disappointing earnings news and guidance from Amazon (AMZN) and Alphabet (GOOG) after the market close yesterday. But the markets reversed in the morning going--the low for the day for the Standard & Poor's...
October 26, 2018 | Daily JAM, Morning Briefing |
Real GDP (that is GDP discounting any gains from inflation) increased at an annualized rate of 3.5% in the third quarter. Economists surveyed by Briefing.com were looking for 3.3% growth rate. In the second quarter GDP grew at an annualized rate of 4.2%. Big driver in...
October 25, 2018 | AMZN, Daily JAM, Stock Alerts |
Share 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...
October 25, 2018 | Daily JAM, Mid Term |
So many trends get packed into the last three months of the year--and you shouldn't forget about any of them when it comes to buying and selling. (You'll find lots of information on these and other calendar trends in the Stock Trader's Almanac by Jeffrey and Yale...
October 25, 2018 | Daily JAM, Morning Briefing |
Yesterday's (Wednesday, October 24) plunge in stock prices had all the ear-marks of a margin panic, especially on the NASDAQ Composite Index. The best analysis of yesterday's margin action that I've seen comes from Don Kaufman on TheoTrade.com (You can get TheoTrade's...
October 25, 2018 | AMZN, Daily JAM, Stock Alerts, Volatility |
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...
October 24, 2018 | Daily JAM, Short Term, Volatility |
When I bought the November 23 Puts (AMZN181123P01852500) with a strike price of $1852.50 on Amazon I wasn't looking for a severe multiday sell off in the stock market that focused, for today, October 24, at least, on growth stocks. Instead I was looking for a more...
October 24, 2018 | Daily JAM, MSFT |
After the close of trading today, October 24, in New York Microsoft (MSFT) reported earnings of $1.14 a share, a big 18 cents a share above analyst estimates. Revenue climbed 18.5% year over hear to $29.08 billion, well ahead of Wall Street projections of $27.92...