Mid Term
This market is way, way too complacent
The VIX, the CBOE S&P 500 Volatility Index, gained 11% today to close at 26.03. But the index, which measures how much investors and traders are wiling to pay in the options market to hedge risk on the Standard & Poor's 500 index of stocks looking out over the...
Restocking the Dip-O-Meter with 14 technology stocks (so far)
The recent drop in the prices of technology shares--the Technology Select Sector SPDR (XLK) was down 1.86% today, November 10, after retreating 0.72% yesterday, November 9, certainly draws the eye of any investor or trader looking for potential bargains. We're not at...
Hey Wall Street! This isn’t your father’s gridlocked government
With Democrat Joe Biden seeming to be on the road to a victory in the Presidential vote and with Republicans remaining in charge of the Senate (unless Democrats can sweep two run-off votes in Georgia in January--unlikely, in my opinion) and with Democrats retaining...
China’s economy continues to its post-coronavirus recovery
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...
If Europe is a preview of next coronavirus surge in U.S., the forecast is downright scary
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...
From the headline numbers on down, it’s bad news from today’s jobs report for September
The U.S. economy added only 661,000 jobs in September, the Labor Department reported today. That's down from an upwardly revised 1.49 million jobs added in August. Economists surveyed by Bloomberg were looked for the economy to addd 859,000 jobs in September. The...
New claims for unemployment remain stubbornly high ahead of tomorrow’s monthly employment report
Initial claims for unemployment in regular state programs fell in the week ended September 26 by 36,000. That's the good news. Unfortunately, that left the total new claims for the week at at still very high 837,000. The recovery in the job market and the U.S. economy...
Disney turns furloughs into layoffs for 28,000 workers
I'm afraid that this is just a sign of bad things to come at lots of other companies for lots of workers. Disney (DIS), which had announced back in April that it would furlough more than 100,000 workers after the coronavirus pandemic forced the company to close down...
Special Report: Your Investing Guide for the Next Six Dangerous Stock Market Months (Complete with 14 picks)
Yikes. Does this market have enough volatility for you? And I think that volatility will only get worse over the next two to six months, I can't remember a market with so much potential to move up or down in big relatively short-term volatility as this one. Just as...
Trick or trend: Companies dependent on a “re-opening” economy continue to raise big cash
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. On Friday...
How old fashioned! CBO worries that U.S. government debt will hit 2 times GDP by 2050
The U.S. government’s debt will be almost twice the size of the U.S. economy by 2050, according to new projections from the Congressional Budget Office. That would be up from 98% this year and 79% in 2019. (The prior, pre-coronavirus forecast for 2050 debt in January...Jim’s Stock Alerts
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