July 24, 2019 | BA, Daily JAM, Stock Alerts |
Boeing (BA) shares fell today, dropping 3.12% at the close, after the company reported a massive quarterly loss and said that the production schedule (moving the first flight date to early 2020 from earlier guidance for late 2019) for its newest plane, the 777x, could...
July 24, 2019 | Daily JAM, Morning Briefing, Stock Alerts |
Caterpillar (CAT) reported second quarter earnings this morning of $2.83 a share, well below the $3.11 a share expected by Wall Street analysts. And then, to make the future as grim as the present, Caterpillar rearmed its earnings guidance for the fiscal 2019 year of...
July 23, 2019 | Daily JAM, Morning Briefing |
According to the Wall Street Journal this afternoon, the Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition. "The new antitrust inquiry is the strongest signal yet of Attorney General...
July 22, 2019 | Daily JAM, MSFT, Stock Alerts |
Technology stocks drove the market higher today in an expansion of last week's subdued but important "Microsoft rally" on that company's earnings. With earnings from Facebook (FB), Alphabet (GOOG), and Amazon (AMZN) on tap on Wednesday and Thursday, the odds are that...
July 22, 2019 | Daily JAM, Morning Briefing |
The White House and congressional Democrats are nearing a deal to raise the debt ceiling for two years and fund the government, CNBC, the Wall St Street Journal and other sources are reporting today. The deal would suspend the debt ceiling limit for two years and put...
July 21, 2019 | Daily JAM |
... tech earnings and more tech earnings. With no distraction from Fed speak--since the Federal Reserve went into its usual quiet period Saturday ahead of its July 31 meeting. The first few days of the week are quiet. And then earnings go into high gear. All of that...
July 20, 2019 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday 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. On...
July 19, 2019 | Daily JAM, Morning Briefing |
Add Thursday's remarks by New York Fed President John Williams to those of Fed chair Jerome Powell back in December and the record shows this team at the Fed is the "Gang that Couldn't Talk Straight." In December Powell sent the markets tumbling when he implied that...
July 19, 2019 | Daily JAM, Stock Alerts |
It's not just the huge miss on subscriber growth that has sent shares of Netflix (NFLX) plunging in the two days since it reported second quarter earnings. The stock fell 10.27%, or $37.23 a share, on July 18 and it was down another 1.87% today as of 2 p.m. New York...
July 18, 2019 | Daily JAM |
IBM? I can hear you saying. Yes, IBM (IBM) and I will even add the stock to my Dividend Portfolio tomorrow, July 19. IBM reported second quarter earnings after the market closed yesterday, Wednesday July 18. And in many ways it looked like typical disappointing IBM...
July 17, 2019 | AMZN, Daily JAM |
Amazon (AMZN) reports earnings for the second quarter after the close of trading in New York on July 25. The results from Amazon's Prime Day(s) on July 15 and 16 are a reminder of why we want to own this stock in the second half of any year that has a Christmas in it....
July 17, 2019 | Daily JAM, Mid Term, Morning Briefing |
According to Dow Theory the transportation index leads the Dow Jones Industrial Average higher and lower. A divergence between a climbing Dow Industrial Average and a falling Down Jones Transportation Average (DJTA) is an indicator of trouble to come. And that...