August 4, 2020 | Daily JAM, INCY, Jubak Picks, Stock Alerts |
Shares of biotech Incyte (INCY) were down 2.60% as of 1:30 p.m. Tuesday on earnings and revenue that stomped Wall Street projections. The company reported second quarter adjusted earnings of $1.24 a share versus Wall Street projections for 50 cents a share. Earnings...
August 3, 2020 | Daily JAM, GLD, GOLD |
Spot gold hit an all-time high today to close at $1991.40 an ounce. In July gold rose 11%, the most since 2012. And now even investors and traders who never own gold are looking at the metal and say, "Should I buy? Will it rally some more?" In my opinion it's late to...
July 27, 2020 | ALB, Daily JAM |
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...
July 23, 2020 | AMZN, Daily JAM, Top 50 Stocks |
Amazon (AMZN) reports second quarter earnings after the close of trading on July 30 next week. (I got the reporting date wrong  by a week in an earlier version of this post.) Wall Street is expecting impressive growth in online sales revenue. But after yesterdays...
July 23, 2020 | Daily JAM, Jubak Picks, MSFT |
Shares of Microsoft (MSFT) were down 4.35%at the close today in spite of the company's strong beat of Wall Street projections for the company's fiscal fourth quarter that ended on June 30. The company reported earnings of $1.46 a share, versus Wall Street projections...
July 22, 2020 | Daily JAM, Stock Alerts, VXRT |
In case you needed a reminder that there's a coronavirus vaccine race going on, today Pfizer (PFE) and its partner BioNTech (BNTX) announced that they had signed a $2 billion deal with the U.S. government to provide 100 million doses of its coronavirus vaccine...
July 21, 2020 | Daily JAM, SEDG |
I'd call solar energy a prime example of the difference between a trend and an investment pick. Solar--that's photovoltaics--accounted for 40% of all new electricity generating capacity added in the U.S. in the first quarter of 2020, according to the Solar Energy...
July 20, 2020 | Daily JAM, NJDCY, Top 50 Stocks |
I can't imagine the world avoiding a global warming catastrophe without a sizable contribution from reduced carbon emissions as we replace vehicles powered by fossil fuels with electric vehicles. (Yes, this is to some extent a solution that merely pushes the problem...
July 20, 2020 | Daily JAM, SCHW, Stock Alerts, Top 50 Stocks |
On Thursday, after the close of trading in New York, brokerage Charles Schwab (SCHW) reported net revenue of $2.4 billion for the second quarter, a 9% drop year over year and short of the $2.47 billion projected by Wall Street analysts. Non-GAAP adjusted earnings fell...
July 16, 2020 | Daily JAM, NFLX |
After the close of trading in New York today, July 16, Netflix (NFLX) reported second quarter earnings of $1.59 a share, below the analyst consensus of $1.81. Revenue climbed 25% to $6.1 billion. The company did add 10.1 million customers to its streaming service in...
July 16, 2020 | Daily JAM, JD, MPNGF, Volatility, You Might Have Missed |
The Chinese economy returned to growth in the second quarter with gross domestic product climbing 3.2% in the quarter from the June quarter of 2019. That was a recovery from the 6.8% drop in GDP in the first quarter and the results beat projections for 2.4% growth....
July 15, 2020 | Daily JAM, XYL |
Xylem is my third pick for my Special Report: 10 Global Warming Stock Picks. Under current trends, demand for water will exceed supply by 40% in 2030, according to the United Nations. A good part of that gap is a result of increasing global population and the...