January 16, 2020 | Daily JAM, Mid Term, Morning Briefing |
Well, that certainly didn't take long. With the ink barely dry on the Part 1 trade agreement between the United States and China, the European Union said that the deal could violate the rules of the World Trade Organization. EU Trade Commissioner Phil Hogan said his...
January 15, 2020 | Daily JAM, WCC |
Today, Thursday, January 16, I'm making Wesco International (WCC) my #11 Pick for my Special Report: 12 Bargain Stock Picks NOW. (I'll be adding Wesco and my other two recent bargain picks to my Special Report late today so you can find the complete list 1-11 with #12...
January 15, 2020 | Daily JAM, NKTR, Stock Alerts |
Yesterday an advisory joint committee at the U.S. Food & Drug Administration voted to reject Nektar's application for its new non-addictive opioid NKTR-181. The thinking--my thinking--was that the committee had structured the vote so that the most likely outcome...
January 15, 2020 | Daily JAM, Morning Briefing |
The United States and China signed a Part 1 trade deal today that contained little in the way of positive surprises and an expected lack of detail. As analysts and economists struggled to fill in the blanks, much of the deeper dive wound up stressing the negatives in...
January 14, 2020 | Daily JAM |
Wednesday is still likely to bring the signing of a Part 1 agreement in the U.S.-China trade war. But the public document is likely to have even fewer details than expected recently and to leave existing tariffs in place until after the Presidential election in...
January 14, 2020 | Daily JAM, Morning Briefing |
This morning JPMorgan Chase (JPM) Â reported that fourth quarter earnings jumped 21% with annual earnings for 2019 rising to a record $36.4 billion. Chalk this one up to a rebound in trading revenue, especially fixed income trading where revenue came in $1 billion...
January 14, 2020 | Daily JAM |
Two days after the last Federal Reserve meeting on December 11--where they told us again that inflation continues to fall below the Fed's 2% threshold and that, therefore, there's no inflation to worry about--I walked into my favorite New York bagel shop, Absolute...
January 13, 2020 | Daily JAM, Morning Briefing |
Today has continued a pattern that emerged last week. With the odds improving that the United States and China will sign a Part 1 trade agreement on Wednesday (or so), the risk on, momentum stocks that led the market in 2019 have reasserted their leadership....
January 13, 2020 | Daily JAM, NKTR, Stock Alerts, Volatility |
I understand why the U.S. Food & Drug Administration has moved so slowly on a decision on Nektar Therapeutic's (NKTR) new non-addictive opioid NKTR-181. The last thing the FDA wants to do in the midst of epidemic of opioid addiction is to approve a drug that might...
January 12, 2020 | Daily JAM |
... January 15. It will come right after January 14 and right before January 16. And by the end of the day we'll know whether the United States and China have signed a Part 1 agreement that ends some elements in the trade war between the two countries as President...
January 11, 2020 | 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...
January 10, 2020 | Daily JAM, URI |
When I wrote up United Rentals (URI) as part of my Special Report: Global Warming and Your Portfolio: Is Your Portfolio Ready? I named it as a stock that I thought would profit from the first stage of response to the damage caused by global warming. In that initial...