November 20, 2019 | Daily JAM, Morning Briefing, Short Term |
As you might imagine, this complicates things. Just as U.S. and Chinese negotiators struggle to put together a Part 1 deal to de-escalate the U.S.-China trade war, the two houses of the U.S. Congress are moving to pass legislation that would support pro-democracy...
November 19, 2019 | Daily JAM, MRK |
Merck (MRK) has announced that it will raise its quarterly dividend by 11% to 61 cents a share in the first quarter of 2020. The dividend will be paid on January 8, 2020 to shareholders of record on December 16, 2019. When I revised my Dividend Portfolio holdings last...
November 19, 2019 | AAPL, CRUS, Daily JAM, Stock Alerts, SWKS |
Apple (AAPL) shipped 10 million iPhones in China during September and October, according to Bloomberg. That would be an increase of 6% from the same period in 2019. The projections add to speculation that sales of the iPhone 11 are running ahead of Wall Street...
November 19, 2019 | Daily JAM, Morning Briefing, Short Term |
Oil prices are down significantly today, November 19, on speculation that data to be released tomorrow will show a fourth straight weekly increase in U.S. oil inventories and nervousness about a successful conclusion to U.S.-China Part 1 trade talks. As of 1:30 p.m....
November 18, 2019 | Daily JAM, NVDA, Stock Alerts |
After the close on November 14 Nvidia (NVDA) announced fiscal third quarter 2020 quarterly earnings of $1.78 a share, 20 cents a share above the Wall Street consensus. Revenue of $3.10 billion was $92.21 million above projections. Chip stocks are currently among the...
November 18, 2019 | Daily JAM, Morning Briefing |
The oil markets aren't amused today, November 18, at news that even at a reduced price investors are balking at buying shares of Saudi Aramco's initial public offering. Crown Prince Mohammed bin Salman had initially set a goal for the sale of reaching a valuation $2...
November 16, 2019 | Daily JAM |
...a pause in the news flow. The week ahead won't be completely quiet, of course. There's the little matter of the Part 1 agreement to settle some of the issues in the U.S.-China trade war. If this last week is any indication, we'll have lots of "announcements" from...
November 16, 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. The New...
November 15, 2019 | Daily JAM, Mid Term |
Well, duh. Yesterday Fed chairman Jerome Powell told the House Budget Committee that"we're in a world of much lower interest rates." He seemed to shrug his shoulders at the prospect as if to say, Hey that's what it is and the Fed doesn't have much power to change that...
November 15, 2019 | Daily JAM, Morning Briefing, Short Term |
The White House rolled out another round of its ongoing soap opera "As the Deal Turns." starring, this week Commerce Secretary Wilbur Ross and White House economic adviser Larry Kudlow (again.) The stock market yawned. “If you look at whenever they say ‘trade war is...
November 14, 2019 | Daily JAM, Morning Briefing, You Might Have Missed |
“The U.S. economy is the star economy these days,” Fed chair Jerome Powell told the House Budget Committee today, November 14. “There is no reason to think that I could see that the probability of a recession is at all elevated at this time.” “Our forecast is, and our...
November 13, 2019 | Stock Alerts, Volatility, XLNX |
On November 6 I added chip maker Xilinx (XLNX) to my Volatility Portfolio as one last FOMO pick to go with Skyworks Solutions (SWKS) and Cirrus Logic (CRUS). The stock closed that day at $93.77. It closed essentially unchanged at $93.29 today. My argument for the...