Federal Reserve unveils another $2 trillion loan program for businesses, states, and cities.
Saying that the U.S. economy is deteriorating "with alarming speed," Federal Reserve Chair Jerome Powell unveiled a new Fed program to supply more than $2 trillion in new loans to small, medium and large companies as well as cash-strapped states and cities. “Our...
Economy shed another 6.6 million jobs last week
Just too much potentially market-moving news this morning. I count three stories in that category and it's only noon. But let's begin. 6.61 million Americans filed initial claims for unemployment in the week ended April 4, the Labor Department reported this morning....
Disney delays release dates on entire Marvel movie slate–including Black Widow
You know that Disney (DIS) is really serious about the likelihood of continued social distancing measures disrupting movie going for months when it delays the release date of Black Widow, once intended as the tentpole of its summer schedule. Black Widow has been...
Special Report: Do you have a strategy for the really dangerous stage in this bear? Let me tell you mine–Part 1: The ups and downs of the Bear over the next 6-10 months; Part 2: The re-opening rally; Part 3: Is the re-opening rally over already?
Part 1: The ups and downs of the Bear In digging into the historical record of Bear Markets--again--I've come to the conclusion that what you can say about a bear market with any hope of a degree of accuracy very much depends on your time scale. In the longest time...
Stocks rally on Trump, Fauci optimism on coronavirus
Last night President Donald Trump told Sean Hannity on his Fox News show that his administration is planning to "reopen" the U.S. economy.  “We’re looking at the concept where we open sections of the country and we’re also looking at the concept where you open up...
Watch out for a wild Thursday (and maybe even Wednesday)
The U.S. stock markets are closed on Friday, April 10, for Good Friday. That sets up a short week and a long weekend--which would be likely to produce higher than normal volume and volatility on Thursday anyway as traders and investors bought and sold to position...
What has Japan been waiting for on coronavirus?
Still no national emergency or countrywide lockdown to slow the spread of coronavirus in Japan, a country with one of the world's oldest and most vulnerable populations . Today Japanese Prime Minister Shinzo Abe moved to declare a state of emergency in just seven...
Why your losses might feel worst than the indexes say
From my friend Jim Stack, one of the best money managers and number crunchers that I know, an explanation of why your losses might feel even worse than the market numbers indicate: "The wave of selling that began in February culminated in a loss of -34% in the S&P...
Buying Puts on Brazil ETF on today’s emerging market rally and worsening coronavirus recession in Brazil.
I understand why U.S. and European stocks are up so strongly today on news that the rate of new infections is dropping in Spain and Italy and that New York looks to be on a similar path with a possible peak in coronavirus cases sometime in the next week to 10 days....
Selling infrastructure play United Rentals out of Jubak Picks into today’s rally
This sell follows the same logic as my immediately prior sell of Vulcan Materials. Last week House Speaker Nancy Pelosi threw in the towel on any near-term chance for a big infrastructure spending package. The horrific jobs numbers had convinced her, she said, that...Selling my infrastructure play Vulcan Materials out of Jubak Picks into today’s rally
Last week House Speaker Nancy Pelosi threw in the towel on any near-term chance for a big infrastructure spending package. The horrific jobs numbers had convinced her, she said, that sending more aid to unemployed workers and small businesses took a higher priority....Jim’s Stock Alerts
Download Jim’s eBook for Free
