Volatility
Here’s what we know about the date of the next coronavirus spike in U.S.–and the next market panic
So far the United States has tested only about 500 people for the coronavirus. That's why the number of confirmed cases is so low. But U.S. testing capacity is rising quickly. Which is why the number of confirmed cases is climbing. And why it is about to spike. The...
Most likely stock market trend over next two weeks?
Remember, Buy on the rumor; sell on the news. I think that's the most likely pattern for U.S. stocks over the next two weeks. With the 4.6% gain for the Standard & Poor's 500 on Monday, March 2, U.S. stocks regained almost half of the 11% they had lost in the last...
Lesson for financial market sell off from California coronavirus bad news
News on Thursday that California was monitoring 8,400 people believed to have been exposed to the coronavirus was a major contributor to the afternoon collapse in U.S. stocks that sent the Standard & Poor's 50 down 4.42% for the day. And there's a very important...
Next big date in the coronavirus selloff? March 18
How can I be so precise? Because March 18 is the date of the next meeting of the Federal Reserve's interest rate setting Open Market Committee. And in the last two days financial markets have stampeded to a belief that the Fed will enact an emergency interest rate cut...
Still selling Intrexon (now Precigen) even though the 293% gain yesterday wasn’t real
Frankly, my first reaction was to think it was a misprint, especially because while the ticker still read XON, the name of the attached stock had changed from Intrexon to Precigen. And it was. A misprint, that is. The print yesterday showed that the stock, a member of...
Gold in ETFs nears record; what’s next for the yellow metal?
Gold held by ETFs (exchange-traded funds) hit the highest level in seven years on Tuesday as investors and traders piled into the traditional hedge against uncertainty and stock market volatility. Worldwide gold holdings in ETFs rose to 2,561.2 tons as of Tuesday, the...
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...
Selling Cirrus Logic out of my Volatility Portfolio on Monday
I was going to wait until just before Cirrus Logic (CRUS) reported earnings on January 29 before deciding to sell. But with the market trending down on fears of the coronavirus outbreak in China (and increasingly globally), I don't see the upside in waiting. Also on a...
Selling Xilinx out of my Volatility Portfolio on Monday
I was going to wait until just before Xilinx (XLNX) reported earnings on January 28 before deciding to sell. But with the market trending down on fears of the coronavirus outbreak in China (and increasingly globally), I don't see the upside in waiting. Also on a pure...
Special Report: When to sell; What to sell
Let's be clear about one thing, shall we? I'm not calling for a sell off in 2020. The mere fact that U.S. stocks are trading at all time highs does not mean that the markets will collapse in 2020. A year like 2019, when the Standard & Poor's 500 returned 33% with...
Nektar’s new non-addictive opioid NKTR-181 to finally get an FDA advisory vote tomorrow
I understand why the U.S. Food & Drug Administration has moved so slowly on a decision on Nektar Therapeutic's (NKTR) new non-addictive opioid NKTR-181. The last thing the FDA wants to do in the midst of epidemic of opioid addiction is to approve a drug that might...Jim’s Stock Alerts
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