March 16, 2019 | Uncategorized |
... all attention on the Federal Reserve. The U.S. central bank meets on March 19 and 20 with the interest-rate setting Open Market Committee to meet and report on March 20. There is almost no chance that the Fed will either raise or lower interest rates at this...
March 14, 2019 | Daily JAM, DLR, Stock Alerts |
For Digital Realty Trust (DLR), a REIT that owns 198 data centers in 32 metropolitan areas with 2,300 customers, the case for stable earnings growth--one of my criteria for stocks to own during the earnings recession that's looming for 2019--is pretty solid. The...
March 14, 2019 | Daily JAM |
Today the House of Commons voted 413 to 202 to ask the European Union for an extension on Article 50 and more time to figure out how their country will leave the European Union. As much as they hate the idea of giving the feckless Brits more time, it's likely that the...
March 14, 2019 | BA, Daily JAM, Stock Alerts |
Boeing (BA) shares were down another 1.04% today to close at $373.21. I think the important word to add here is "only." In the options market, the April 18 Put with a strike at $290 that I own in my Volatility Portfolio and that had climbed better than 230% on...
March 14, 2019 | Daily JAM, Morning Briefing, Short Term, You Might Have Missed |
A potential end of March meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign an agreement to end their trade war won’t take place this month after all. Media are reporting that multiple sources are now post to April at the earliest. If...
March 13, 2019 | Daily JAM, Stock Alerts, T |
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March 13, 2019 | Daily JAM, Morning Briefing |
Orders for durable goods rose 0.4% in January, the Census Bureau reported this morning. Economists surveyed by Briefing.com had projected a 0.6% decrease. Ex-transportation new orders, which means excluding volatile aircraft orders (for January remember and therefore...
March 13, 2019 | Daily JAM, Morning Briefing |
The Standard & Poor's 500 fitted with 2800 again before closing at 2791.52. That certainly puts the index within striking range of 2800 again--but in 2019 the market has shied away from breaking and holding the level. So consider this another test--until stocks...
March 12, 2019 | Daily JAM, Morning Briefing |
Well, the vote was closer this time. After losing a vote on her Brexit deal by 230 votes in January, Parliament only defeated Prime Minister Theresa May’s Brexit deal by 391 to 242 votes. Which still means that the United Kingdom is set to crash out of the European...
March 12, 2019 | BA, Daily JAM, Short Term, Stock Alerts, Volatility |
I bought Boeing (BA) puts (the April 18, 2019 put with a $290 strike to be precise) back in December as a way to hedge against a big escalation in the U.S.-China trade war and a plunge in the export-heavy Dow Jones Industrial Average. (The Dow is a price-weighted...
March 11, 2019 | Daily JAM, Mid Term |
The level of fear among the managers of funds that buy investment-grade and high-yield debt has sunk to its lowest level since 2014, according to the Bank of America's March survey of fund managers. “The most notable change in our fresh survey of U.S. credit investors...
March 11, 2019 | Daily JAM, NVDA, Stock Alerts |
Nvidia (NVDA) has won the bidding to acquire Mellanox Tech (MLNX). Nvidia has said that it expects the acquisition, which will be funded through cash on the Nvidia's balance sheet, to be accretive to non-GAAP gross margin, non-GAAP EPS, and free cash flow immediately....