August 31, 2020 | BRK/B, Daily JAM, Jubak Picks, Stock Alerts |
Warren Buffet's Berkshire Hathaway (BRK-B) hit the headlines today on news that it had made a big buy in shares of Japanese trading companies. To me that looks like a typical Buffett value play on commodities and international trade at a time when the market in...
August 31, 2020 | AAPL, Daily JAM, Morning Briefing |
Shares of Apple (AAPL) split 4-1 today, helping the stock to a 3.39% gain on the day. If not for Apple (with a little aid from Amazon (AMZN), up 1.45% at the close), the last day of August might have looked a bit ugly. Even with the help from Apple and Amazon, the...
August 29, 2020 | Daily JAM |
...to get more data on the U.S. job market than the financial markets will be able to digest ahead of Labor Day. On Thursday, the Department of Labor will report the weekly initial claims for unemployment. Last Thursday the numbers suggested that the economy was still...
August 29, 2020 | Daily JAM |
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. Something...
August 28, 2020 | Daily JAM |
Capital One Financial (COF), the third-largest U.S. credit card lender, is cutting borrowing limits on it credit cards. The company has said it's no big deal, telling Bloomberg that “Capital One periodically reviews accounts based on a variety of factors and may make...
August 28, 2020 | Daily JAM, Dividend Income, PFE, Stock Alerts |
You remember how in Part 3A of my Special Report: Meeting Your Retirement Challenge, I suggested that when temporary factors created an opportunity to buy the shares of a solid, predictable, cash flow generating company, with a yield of 4% you should jump at the...
August 28, 2020 | Daily JAM, Morning Briefing |
The stock market indexes keep hitting new highs. The real economy is struggling to maintain any forward momentum. This morning MGM Resorts International (MGM announced that it would permanently lay off 18,000 previously furloughed employees in the United States. This...
August 27, 2020 | Daily JAM, Mid Term, You Might Have Missed |
As anticipated in Wednesday's rally--the Standard & Poor's 500 climbed 1.02% and the NASDAQ Composite was up 1.73%--Federal Reserve Chair Jerome Powell on Thursday announced that going forward the Fed would let inflation rise to above its current target of 2% from...
August 27, 2020 | Daily JAM, Morning Briefing |
At 1.006 million in the week ended August 22, the week's initial claims for unemployment were neither as bad as feared nor as good as hoped. This week's figure dropped from 1.104 million in the prior week. (Economists had projected 1 million new claims for the week.)...
August 26, 2020 | Daily JAM, Morning Briefing |
On Monday the Standard & Poor's 500 and the NASDAQ Composite hit new all-time highs on what I'm calling the Vaccine Put, the hope that we'll see the announcement of an approved coronavirus vaccine by early in 2021 or maybe even the end of 2020 or perhaps before...
August 25, 2020 | Daily JAM |
Part 3A: Strategies and Picks for the less risky end of a retirement portfolio Part 3 of my Special Report : "Meeting Your Retirement Challenge," which will focus on 5 concrete steps that you can take in your retirement portfolio. In this, Part 3A, I'm going to begin...
August 24, 2020 | Daily JAM |
Forget about a "V-shaped" recovery or a "W-shaped" bounce-pullback-move up again recovery. The talk on Wall Street is now about a "K-shaped" recovery where a handful of companies and their shares sooar ahead but where the average company and its stock lags way, way...