July 15, 2016 | Daily JAM, Morning Briefing |
It’s important to remember that a strong U.S. economy doesn’t guarantee a climbing U.S. stock market. We can see that in likelihood that despite that economic strength the stocks in the U.S. Standard & Poor’s 500 are projected to have turned in yet another quarter–the fifth in a row–of declining year to year earnings when all the numbers are added up for the second quarter of 2016.
July 13, 2016 | Daily JAM, Morning Briefing, Short Term |
Not terribly surprising that U.S. stocks are meandering in slightly negative territory today after busting out to new all-time highs. We’re about to head into the meat of earnings season and a little profit taking undoubtedly makes sense to many of those who caught the recent run. Tomorrow JPMorgan Chase (JPM) kicks off a run of earnings reports from big banks. IBM leads off technology earnings on July 18
July 11, 2016 | Daily JAM, Short Term |
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June 25, 2016 | Volatility |
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June 18, 2016 | Daily JAM, Short Term |
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June 15, 2016 | Uncategorized |
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April 23, 2016 | Friday Trick or Trend, Short Term, Volatility |
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April 7, 2016 | Daily JAM, Morning Briefing, Short Term |
Today marked the official turn in financial market attention from central banks and interest rates to the upcoming–and likely disappointing–U.S. earnings season. Projections are that earnings of the stocks in the Standard & Poor’s 500 stock index will see a year over year decline in earnings of 7% to 7.4%, depending on your data source preference.
April 6, 2016 | Daily JAM, You Might Have Missed |
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March 25, 2016 | Daily JAM, Morning Briefing, Short Term |
This morning the Bureau of Economic Analysis reported a revised increase of 1.4% for fourth quarter GDP. The previous estimate had been 1%. Of course, the Fed knew this was coming
March 9, 2016 | Daily JAM, Mid Term |
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January 28, 2016 | Daily JAM, Morning Briefing, Short Term |
Oil prices surged on “news” that Russia and OPEC members would meet in February to coordinate a cut to oil production. Now it looks like there were never any plans for a meeting, but oil is still strongly ahead