February 17, 2020 | AAPL, Daily JAM, Stock Alerts |
Breaking news: Today Apple said it won't meet revenue guidance for the March quarter due to work slowdowns and lower demand due to the outbreak of the coronavirus in China. In it guidance for the quarter, issued on January 28, Apple had given an larger than usual...
February 17, 2020 | Daily JAM |
Yesterday I reported on a rather optimistic view of fourth quarter 2019 earnings that have been reported recently. Here's a much less optimistic take from John Authers at Bloomberg and Andrew Lapthorne of SocGen. With three-quarters of the companies in the S%P 500...
February 17, 2020 | Daily JAM, Morning Briefing |
We still don't know if the coronavirus epidemic is slowing in China--the latest report shows deaths in China up 105 to 1,770 and the official number of cases climbing in mainland China to 70,548. Hubei province has reported 1,933 new cases, up from 1,843 the day...
February 16, 2020 | Daily JAM |
As of Sunday, the number of deaths in China from the coronavirus had climbed to 1,665 with 68,500 confirmed cases of infection, according to Chinese health officials.The daily total of new cases fell for a third day in a row--maybe. Last week Hubei province changed...
February 15, 2020 | Daily JAM |
..more earnings reports in what is turning out to be a decent quarter for earnings. Going into the season for reporting fourth quarter 2019 earnings, the fear was that results would disappoint for the period with the stocks in the Standard & Poor's 500 showing...
February 14, 2020 | Daily JAM, Friday Trick or Trend, GM |
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. Market...
February 14, 2020 | Daily JAM, Stock Alerts, Volatility, XON |
Frankly, my first reaction was to think it was a misprint, especially because while the ticker still read XON, the name of the attached stock had changed from Intrexon to Precigen. And it was. A misprint, that is. The print yesterday showed that the stock, a member of...
February 14, 2020 | Daily JAM, GOLD, Stock Alerts |
Barrick Gold (GOLD) reported fourth quarter earnings of 17 cents a share on Wednesday, February 12. That beat the 14 cents a share estimate from Wall Street analysts for the quarter. A year ago the company earned 6 cents a share in the fourth quarter of 2018. But that...
February 13, 2020 | Daily JAM, Stock Alerts, XON |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
February 13, 2020 | Daily JAM, Morning Briefing |
The calming words from the World Health Organization after Chinese health officials added 13,3000 cases to the total in Hubei province is that this is just a change in how cases are reported and NOT an indication that the epidemic, which has looked to be slowing over...
February 12, 2020 | Daily JAM, Dip-O-Meter, Special Reports |
Pickings look rather slim for investors over the next decade, according to the results of Morningstar's annual survey of financial market forecasts. Certainly much slimmer than the extremely strong returns for U.S. stocks for the last decade. During that period the...
February 11, 2020 | ABBV, Daily JAM, Stock Alerts |
Shares of AbbVie (ABBV) tacked on another 1.32% today to a close at $96 continuing a run that began back on January 31 at $81.02. The trend picked up momentum on February 7 after the company reported fourth quarter earnings with better than expected sales for its...