January 31, 2019 | Daily JAM, Short Term, Volatility |
On Wednesday 440 Chinese companies warned that their 2018 financial results fell, according to Bloomberg. And there was still a day to go before the deadline to report such warnings. Of the more than 2,400 mainland China listed companies that have announced...
January 31, 2019 | Daily JAM, Mid Term, Morning Briefing, You Might Have Missed |
The market has priced in just about a zero percent change of an interest rate increase from the Federal Reserve in 2019. In fact, looking out through all of 2019 and into 2020, the financial markets believe there's more chance of an interest rate cut than of a rate...
January 30, 2019 | Daily JAM, Mid Term |
Today the financial markets are in love with the idea that the Federal Reserve will raise rates no more than once in 2019--and more likely zero. And that the central bank will re-examine its policy of letting its balance sheet run off to the tune of $50 billion a...
January 30, 2019 | Daily JAM, Short Term |
It's hard for me to see the Federal Reserve's statement today after the meeting of the Open Market Committee, and then Fed chair Jerome Powell's presentation at the most-meeting press conference, as anything other than capitulation to the financial markets. Back in...
January 30, 2019 | Daily JAM |
Today the Federal Reserve's Open Market Committee said it will The Federal Reserve said it will be “patient” on any future interest-rate increases. moves. And it will be flexible and “prepared to adjust any of the details for completing balance sheet normalization in...
January 30, 2019 | Daily JAM, Morning Briefing |
At 2 p.m. New York time this afternoon the Federal Reserve will release a statement on the results of the meeting of its interest-rate setting Open Markets Committee. Shortly after that Fed chair Jerome Powell will hold a press conference to explain the Fed's actions...
January 29, 2019 | AAPL, Daily JAM, Short Term, Stock Alerts |
Goes to show you that if you lower expectations enough, you can beat them when you actually report earnings. Even if the earnings report itself is bad news. After the close of the New York market today, Apple (AAPL) reported December quarter earnings of $4.18 a share...
January 28, 2019 | Daily JAM, Morning Briefing, Short Term, You Might Have Missed |
The U.S. Department of Justice filed criminal charges Monday against Huawei Technologies, China's biggest technology company. The charges include an allegation that the company stole trade secrets from TMobile and that Huawei committed bank fraud by violating...
January 28, 2019 | Daily JAM, Mid Term |
Here's one more macro trend to add to your list next to China trade war, Fed interest rates, and government shutdown. In 2019 the U.S. Treasury Department will maintain its sales of Treasuries at record levels near $1 trillion in new issuance for a second year in a...
January 28, 2019 | Daily JAM, ISRG, Stock Alerts |
Tomorrow, January 30, I will add Intuitive Surgical (ISRG), one of my 10 Best Buys for After the Bear and an artificial intelligence pick from my Next 3 Big Things Special Report, to my long-term 50 Stocks Portfolio. The company recently reported fourth quarter...
January 28, 2019 | Daily JAM, Stock Alerts, VIX, Volatility |
Over the weekend in my Trick or Trend post I noted that S&P 500 volatility was experiencing a very unusual inversion--where the markets were projecting more risk in the next week than for longer periods like a month or two. And, I posited, that inversion wasn't...
January 28, 2019 | Daily JAM, Morning Briefing, NVDA |
Disappointing earnings from Caterpillar (CAT) and an earnings warning from Nvidia (NVDA) sent stocks down this morning, negating overnight enthusiasm in Asian markets at the end of the partial shutdown of the U.S. government. The miss from Caterpillar took those...