Blog

Archive for the ‘Short Term’ Category

It’s still a “Central banks to the rescue” mentality in the financial markets

U.S. stocks were up strongly today on news that the central banks of the United States and China were likely to continue to provide cheap--and cheaper--liquidity to financial markets and economies. In minutes of its January 29 Open Market Committee meeting released today, Federal Reserve officials characterized current interest rates as appropriate “for a time.” […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Unsustainable debt a danger? But it’s so far away, the markets say

Nobody wants to hear that U.S. government and consumer debt aren't sustainable. Not President Donald Trump. Not the financial markets. Today, February 11, Federal Reserve Board Chair Jerome Powell told the House Financial Services Committee that it was important to put  "the federal budget on a sustainable path when the economy is strong" That "would […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Do January cash flows out of stocks explain February rally?

In the last week of January investors pulled nearly $12.6 billion out of mutual funds and exchange-traded funds that hold U.S. stocks. That extended the longest retreat from U.S. stocks since 2016, according to data released Wednesday, February 5, by the Investment Company Institute. The outflows came during a week in which fears of the […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Where’s Xi? “People” are starting to wonder if his absence is a sign that the outbreak is still not under control

Chinese president Xi Jinping is NOT the face of the country's fight against the spread of the coronavirus. He has not been pictured in the customary emergency photos visiting hospitals, doctors or patients. As the crisis ramped up, it was the premier, Li Keqiang, who visited Wuhan, the city at the centre of the outbreak. […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Shanghai down 9% in early Monday trading; drop is worse than expected

The CSI 300 Index (of the 300 largest stocks traded on the Shanghai Stock Exchange) plunged as much as 9.1% on Monday morning as the Shanghai Stock Exchange opened for trading for the first time since January 23. By 10:15 a.m. Monday in Shanghai (9:15 p.m. in New York on Sunday) the index had recovered […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Tomorrow will be pivotal day for short-term momentum

U.S. markets continued to show a muted recovery from fears of the coronavirus outbreak today. The Standard & Poor's 500 closed up 0.31% after spending time in the early afternoon in the red. The Dow Jones Industrial Average finished up 0.43% and the NASDAQ Composite gained 0.26%. The Russell 2000 small cap index trailed as […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

GDP up at 2.1% rate in 4th quarter but weakness emerges (or continues) in the numbers

The U.S. economy grew at a 2.1% annualized rate in the fourth quarter. That matches the growth rate for the third quarter and is slightly above the 2% growth predicted by economists surveyed by Bloomberg. Full-year GDP growth finished at 2.3% in 2019, the lowest of the Trump administration. Economists are expecting growth to moderate […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

To me today reads like a trading bounce–news on corona virus spread takes a very bad turn

U.S. stocks are up today with the Standard & Poor's 500 climbing 1.19% as of noon New York time and the Dow Jones Industrial Average ahead 0.90%. The NASDAQ was higher by 1.49% but the small cap Russell 2000 slipped 0.20%. The iShares MSCI Emerging Markets ETF (EEM) gained 0.91%. (The Shanghai Stock Exchange is […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

Deaths in China in coronavirus outbreak hit 106–but it turns out we may know less about this virus than we thought

The number of deaths climbed to 106, China’s National Health Commission said on Tuesday. The number of confirmed cases in mainland China rose to 4,515 from 2,744 on Monday. But the worst news may be that the U.S. Centers for Disease Control isn't getting the data from China that it needs to confirm Chinese conclusions […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.

No end to selling as coronavirus news, profit-taking drive downward move today

The news from China and about the coronavirus continues to get worse. The death toll has climbed to 82, and at least 2,800 cases have been reported in China. And it doesn't look like the outbreak has been contained with health experts questioning the efficacy of any quarantine and the mayor of Wuhan, the likely […]

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 site. And we'll throw in the first week free! If you change your mind during that first week, just cancel your subscription from your profile page, and you won't be billed anything.