January 31, 2020 | 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. A reader...
January 31, 2020 | Daily JAM |
Today, Friday, January 31, Chinese health officials reported 43 more deaths in China from the coronavirus outbreak centered in Wuhan. That brings the reported total to 213 deaths. Officials also announced nearly 2,000 new cases of confirmed infection in the last 24...
January 31, 2020 | Daily JAM |
The Shanghai Stock Exchange can be extremely volatile. Which is one reason that investors and traders are moving to the sidelines in U.S. and overseas markets today ahead of the reopening of the Shanghai exchange on Monday. So how volatile is volatile? The comparison...
January 31, 2020 | Daily JAM, Morning Briefing |
As of 3 p.m. in New York today, the Standard & Poor's 500 was down 1.56% and the Dow Jones Industrial Average was lower by 1.89%. The NASDAQ Composite was holding up better with only a 1.27% drop. The small cap Russell 2000 continued as the weakest of the major...
January 30, 2020 | Daily JAM, Special Reports |
I'm going to have to do more than 10 stocks since there was some very tight bunching at the top. This will mean that it might take me the weekend to get everything researched and posted but I'll move on this as quickly as possible. To recap: As a bonus to my last...
January 30, 2020 | Daily JAM, Short Term |
U.S. markets continued to show a muted recovery from fears of the coronavirus outbreak today. The Standard & Poor's 500 closed up 0.31% after spending time in the early afternoon in the red. The Dow Jones Industrial Average finished up 0.43% and the NASDAQ...
January 30, 2020 | Daily JAM |
The World Health Organization (WHO) has declared a global public health emergency because of the spread of the coronavirus outside of China. The total number of cases outside of China has reached 98 across 18 countries. Eight cases outside China have spread via human...
January 30, 2020 | Daily JAM, Morning Briefing, Short Term |
The U.S. economy grew at a 2.1% annualized rate in the fourth quarter. That matches the growth rate for the third quarter and is slightly above the 2% growth predicted by economists surveyed by Bloomberg. Full-year GDP growth finished at 2.3% in 2019, the lowest of...
January 29, 2020 | AG, Daily JAM, GLD, GOLD, Perfect Five-ETFs, Volatility |
Gold held by ETFs (exchange-traded funds) hit the highest level in seven years on Tuesday as investors and traders piled into the traditional hedge against uncertainty and stock market volatility. Worldwide gold holdings in ETFs rose to 2,561.2 tons as of Tuesday, the...
January 29, 2020 | Daily JAM |
The Standard & Poor's 500 finished the day down a scant 0.09%. The Dow Jones Industrial Average was up 0.04%. The NASDAQ Composite was ahead 006$% and the Russell 2000 small cap index dropped 0.55%. The iShares MSCI Emerging Markets ETF ended the day higher by...
January 29, 2020 | Daily JAM |
The bad news: The official death toll in China from coronavirus has risen to 132 with 5,974 cases confirmed of people infected with the virus. The number of patients infected now exceeds that in the SARS pandemic of 2002-2003. The death toll, thankfully, is much lower...
January 29, 2020 | Daily JAM |
To nominate a stock or stocks that you'd like to hear my opinion on whether to sell or not, go to my original post "Thinking of selling AMD, FB, DIS or anything else--here's your chance to find out what I think on the stocks YOU care about." It's still up in the...