December 31, 2019 | Daily JAM |
3,2,1. The ball drops and we've all moved from 2019 to 2020. May the new year bring all the best to you and yours. Thanks for reading in 2019 and I'll see you in 2020. Jim Jubak To subscribe to JAM you need to fill in some details below including, ahem, some info on...
December 31, 2019 | Daily JAM, Morning Briefing |
Today, December 31, all 11 of the sectors that make up the Standard & Poor's 500 closed higher for the year. That's the first time that's happened since 2010. For the year the S&P 500 itself gained 29%. The Dow Jones Industrial Average rose 22.3%. The NASDAQ...
December 30, 2019 | Daily JAM |
Special Report: 12 Bargain Stock Picks NOW. Â Pick No. 8 Hostess (TWNK) I can understand it if buying shares of Twinkie maker Hostess Brands (TWNK) doesn't immediately leap to mind. The company filed for bankruptcy in 2004 and 2012 and the company that came out of that...
December 30, 2019 | Daily JAM, Morning Briefing |
Trading volumes will be low and investors attentions will be focused elsewhere than the financial markets, but this is a week with a surprising amount of market news. Tomorrow, Tuesday December 31, China announces the official Purchasing Managers Index for...
December 28, 2019 | Daily JAM |
...a short week of trading (duh!) without much going on (not even on the impeachment news front). But going into the new year, I'd advise watching the U.S. dollar. With optimism rising that the U.S. and China will at least reach a trade truce and that global trade...
December 27, 2019 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Friday 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. It's no...
December 27, 2019 | Daily JAM |
And Wall Street thinks the Volcker Rule is too draconian. A Chinese court has sentenced the former chairman of struggling Hengfeng Bank to death--with a two-year reprieve. Good behavior during the reprieve period could see the sentence commuted to life in prison....
December 27, 2019 | Daily JAM, Morning Briefing, Short Term |
The Standard & Poor's 500 closed dead even for today December 27. The Dow Jones Industrial Average was head just 008%. The NASDAQ Composite slipped 0.17% and the Russell 2000 small cap index was off 0.62%. The iShares MSCI Emerging Markets EFT (EEM) was up by...
December 26, 2019 | Daily JAM |
It looks like looser monetary policy is on the way in China for 2020. Chinese Premier Li Keqiang said Monday the government will study further cutting bank reserve requirements in 2020. It's a good bet that the Premier would have raised the possible policy change if...
December 26, 2019 | AMZN, Daily JAM, Morning Briefing, Short Term, You Might Have Missed |
Amazon (AMZN) reported today, December 26, that the holiday shopping season broke records for the company this year. Among other high-lights five million new customers started Prime free trials or paid memberships globally, and the number of items delivered with...
December 23, 2019 | Daily JAM, LGF/A, Stock Alerts |
Comcast NBCUniversal and Lions Gate Entertainment (LGF-A) have settled their differences. Comcast (CMCSA) will continue to carry Lions Gate's STARZ and STARZ Encore channels on its Xfinity TV platform nationwide and NBCUniversal’s Peacock streaming service will...
December 23, 2019 | Daily JAM, Morning Briefing, Short Term |
We've got two short weeks coming up--since the New York markets are closed this week for Christmas and next week for New Year's--when trading volumes shrink and it doesn't take much in the way of news to move stocks up or down. I think we got that dose of "sufficient...