Saturday Night Quarterback says, on a Sunday, for the week ahead expect…
...earnings from big name market movers such as Apple (AAPL) and Amazon (AMZN) to be more important market drivers than the Federal Reserve meeting, the resumption of China trade talks, and the January jobs report. That's quite a bit of macro news, but I think...
Trick or Trend: Now there’s a volatility inversion to worry about
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Sunday 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. You've...
Even as deal is struck to end shutdown, gold soars
Gold hit a seven month high on Friday, gaining more than 1%. Spot gold briefly broke above $1300 an ounce. Gold futures climbed 1.5% to $1,298.30 an ounce. The SPDR Gold Shares ETF (GLD) climbed 1.46% to $122.86 on volume 10% above the daily average. The 52-week high...
Apple moves big in battery wars
Apple (AAPL) has hired Samsung's head of global battery development, Soonho Ahn. At Samsung SDI, the battery-producing affiliate of Samsung Electronics, Ahn led development of lithium battery packs and worked on next generation battery technology. Two ways that this...
Great day for chip stocks–and then Intel misses
Today's regular session was great for chip stocks. The VanEck Vectors Semiconductor ETF (SMH) was up nearly 6% on the day powered by earnings beats for the quarter from Texas Instruments (TXN) up 6.5%; Xilinx (XLNX) up 17.5%; and Lam Research (LRCX) up 14.8%. And...
Adding Incyte to my Special Report: 10 Best Buys for after the Bear–and to my Volatility Portfolio
The Biotech sector is a prototypical risk on/risk off asset class. Just look at the performance of Incyte if you'd like an example. The stock plunged to a low of $58.58 on December 24as investors and traders shunned risk--risk of a recession, risk of the U.S.-China...
“Show me” oil market still getting no evidence of rebalance of supply/demand
Yesterday the American Petroleum Institute reported a surprise increase in U.S. crude oil inventories with a build of 6.55 million barrels for the week ending January 18. Oil analysts had expected a small draw down in crude oil inventories of 42,000 barrels. Today the...
“Lower guidance” a theme for tech earnings this afternoon
Most of the major U.S. stock indexes clawed their way back into the green after a mid-day journey into the red. The Standard & Poor's 500, for example, closed the day up 0.22% (at 2638) from the Tuesday close. But that was still below the 2641 the index began...
Today it’s a battle between positive earnings and negative China trade sentiment
And, as of 12:30 p.m. New York time, negative trade sentiment was winning. The day started off with positive earnings reports--earnings beats and positive guidance--from IBM (IBM), Procter & Gamble (PG), and United Technologies (UTX). In premarket trading the...
They’re back! Fears of a slowdown in growth in 2019, that is
Remember last week? Markets were running over with optimism that growth in the U.S. and global economies continue strong in 2019, that the U.S.-China trade war was headed to a resolution, that earnings growth in reports for the fourth quarter would be above...
Adding JD.Com to my Special Report: 10 Best Buy Stocks for after the Bear–and to my Volatility Portfolio
JD.Com (JD) is my last purely China pick for this list of 10 Best Buy Stocks for after the Bear. The company has increased its share of the business to consumer eCommerce market to 19.5% in 2014 from 17.2% in 2011, according to iResearch. And grown its share of the...Download Jim’s eBook for Free
