Oil falls to lowest level in five months; Brent breaks below $60 a barrel
Oil slumped to its lowest in almost five months and international benchmark Brent crude book below $60 a barrel today, June 12. U.S. benchmark West Texas Intermediate fell 4% today to $51.14 a barrel, threatening the $50 a barrel psychological benchmark. Brent fell...
And then there were three–autonomous car players?
It's too soon to count startup Aurora Innovation out of the self-driving car game but the announcement from Volkswagen, the world's largest carmaker, that it had pulled out of its tie-up with Aurora in favor of a closer collaboration with Ford Motor (F) and its...
Emerging markets rally? With global economic worries? With U.S.-China trade war still active?
There are so many currents and counter currents in this market that it makes New York's historically turbulent tidal estuary Spuyten Duyvil look like the turtle pond at 104th Street in Central Park near my house. For example, today, while the general market worried (a...
Materials stocks up today even as U.S.-China trade fears linger
I think the strong move in commodities stocks today has more to do with continued weakness in the U.S. dollar than it does with any renewed faith in growth in the global economy. After all the U.S.-China trade war doesn't look any more settled today than it did last...
U.S. stocks wander as China trade worries nag
The market doesn't go up every day so it's important not to over-react to minor weakness. As of the close today New York time the Standard & Poor's 500 index was off a slight 0.03%; the Dow Jones Industrial Average had slipped 0.05%. The NASDAQ Composite was down...
Salesforce buys Tableau: Nobody wants to be a “dumb pipe”
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
With Mexico tariff controversy still alive, President Trump threatens China on tariffs again
President Donald Trump continues to claim that there are unannounced side agreements to the deal between the United States and Mexico that ended, for the moment, the threat of escalating U.S. tariffs on Mexican imports. In one of those side agreements, according to...
Evidence that Lions Gate Entertainment will work–with enough patience
Shares of Lions Gate Entertainment (LGF/A) are down 43.56% since I added them to my Jubak Picks Portfolio on June 14, 2018. The shares dropped another 3.4% on Friday back to $14.03. That pretty much erased the stock's gain from $13.02 on May 13 to $16.02 on May 22....
Adding Grupo Aeroportuario del PacÃfico to my Dividend Portfolio on Monday
Now that President Donald Trump's tariff threat isn't hanging over the Mexican economy (for the moment, anyway), I'm adding Grupo Aeroportuario del PacÃfico (PAC) to my Dividend Portfolio on Monday. The shares of Grupo Aeroportuario del Pacifico, which operates five...
Saturday Night Quarterback says, For the week ahead expect…
...deafening quiet from the Federal Reserve. With the Federal Reserve scheduled to meet on June 18 and June 19, the Fed has entered its traditional pre-meeting quiet period as of today, June 8. The Fed's schedule shows not a single speech or event scheduled until...
May jobs disappoint, but stocks climb on interest rate cut hopes
The U.S. economy added just 75,000 jobs in May. Economists surveyed by Bloomberg had expected the addition of 175,000 jobs. Statisticians at the Labor Department also revised April job gains down to 224,000. The unemployment rate held steady at 3.6%, a 49-year low....Download Jim’s eBook for Free
