October 19, 2020 | Daily JAM |
First, there's the problem of developing a safe and effective coronavirus vaccine. Although no one in Washington or on Wall Street dares say it too loudly, there is a possibility that current efforts to come up with a vaccine could fail. Second, there's the problem of...
October 19, 2020 | Daily JAM, Mid Term, Morning Briefing |
China’s gross domestic product climbed 4.9% in the third quarter from a year ago, according to data released by the Chinese government on Monday. That's lower than economists surveyed by Bloomberg had projected but a faster rate than the 3.2% growth seen in the second...
October 18, 2020 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running Sunday 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. In 2020 the...
October 18, 2020 | Daily JAM |
...earnings season to move into full swing. Monday brings earnings reports from IBM (IBM), from PetsMed Express (PETS) in the red-hot pet sector, and Logitech International (LOGI), a key player in the computer peripherals market. Tuesday includes consumer powerhouse...
October 18, 2020 | Daily JAM |
... OPEC's Monday meeting to roil oil markets. Even if the meeting doesn't make any decision on supply. (Likely at the cartel's December 1 meeting of oil ministers. Tomorrow's meeting is of the Joint Ministerial Monitoring Committee, chaired by Saudi Arabian Energy...
October 17, 2020 | Daily JAM, Short Term |
On Friday, the daily total for new coronavirus cases in the United States hit 70,450. That's the highest daily figure since July 24. Â At least nine states set single-day case records on Friday: Wyoming, Minnesota, Wisconsin, West Virginia, North Dakota, Indiana, New...
October 16, 2020 | Daily JAM, Dividend Income, PFE, Stock Alerts |
In a public letter Pfizer (PFE) CEO Albert Bourla wrote that the company hopes to have initial data from its Phase 3 clinical trail of a coronavirus vaccine by the end of October and that it will wait until the third week in November to file an emergency use...
October 16, 2020 | Daily JAM |
Readers of JubakAM.Com in comments to a number of my posts recently have been kicking around the question of whether the huge increase in passive investing strategies has changed volatility in the stock market. Passive investment strategies such as indexing now make...
October 16, 2020 | Daily JAM, Mid Term |
Most governments in Europe relaxed their strict coronavirus lockdowns over the summer in order to breathe some life into economies hit hard by the first wave of the virus and efforts to control its spread. That "return to normal", however, has led to a spike in...
October 15, 2020 | Daily JAM, Stock Alerts, Top 50 Stocks, TSM |
Taiwan Semiconductor Manufacturing (TSM) reported earnings of 90 cents per American depositary receipt today on sales of  $12.14 billion for the company's September quarter. Net income climbed 36% year over year. Analysts had expected the company to earn 81 cents an...
October 15, 2020 | Daily JAM, Morning Briefing, Short Term |
The number of new unemployment claims in regular state-run programs rose last week to a seasonally adjusted 898,000. That's up 50,000 for the prior week and the biggest increase in first-time unemployment claims since August. The economy has clearly stalled with new...
October 14, 2020 | Daily JAM, Stock Alerts, Volatility, VXRT |
Shares of Vaxart (VXRT) closed down 10.04% today, October 14, giving back all of its 8.8% gain from Tuesday. The shares finished the October 14 session at $6.90. Yesterday, the company, which is working on a coronavirus vaccine in pill form, reported that hamsters who...