November 12, 2018 | Daily JAM, Mid Term |
The U.S. Dollar Spot Index (DXY) is up again today, climbing 0.66% to 97.053. Since the index that tracks the dollar against six other major trading currencies bottomed for 2018 back on February 15, the dollar has gained 8.72%. The bulk of those gains are even more...
October 2, 2018 | Daily JAM, NPSNY, Stock Alerts |
As I wrote in my Special Report: "10 Picks for the Emerging Markets Bounce," I'm adding Naspers (NPSNY) to my Jubak Picks Portfolio. It's unlikely that you know much about this South African Internet giant--after all no U.S. analysts follow the stock despite its...
October 1, 2018 | BSMX, Daily JAM, Stock Alerts, Volatility |
I'm moving Mexico and Banco Santander Mexico (BSMX) up from "buy later"--after more of an emerging market bounce from China and South Africa--to a "buy now" on the basis of the announcement on Monday, October 1, of a new trade agreement between the United States,...
October 1, 2018 | Daily JAM, Stock Alerts, TCEHY |
Today (or tomorrow morning, actually, October 2) I'm adding Tencent Holdings (TCEHY) to my 12-18 month Jubak Picks Portfolio. (The stock is already a member of my long-term 50 Stocks Portfolio. As I wrote in my Special Report: 10 Picks for the Emerging Markets bounce,...
September 27, 2018 | Daily JAM, Perfect Five-ETFs |
Is it time to re-allocate your ETF portfolio? It's certainly time to ask this question. The September 26 meeting of Federal Reserve's Open Market Committee made a December 19 interest rate increase just about a done deal. In the dot plot released after that meeting,...
September 25, 2018 | Daily JAM, Mid Term, Special Reports |
Part 1: Getting ready for an emerging markets bounce All the portents (You know, sightings of white seabirds on the left as the king rides to the hunt, the witches of Endor issuing a "buy"call, strange voices in the darkest night near the swamps of the dead behind...
September 24, 2018 | BABA, Daily JAM, FCX, Mid Term, SCCO, TCEHY, Volatility, ZNH |
Let's not overthink this, okay? In my post on Friday "Get ready for an emerging markets bounce" I laid out the case for believing that the emerging markets crisis is about to yield to an emerging markets bounce that could last weeks or even run through the end of...
September 20, 2018 | Daily JAM, Mid Term |
All the portents (You know, sightings of white seabirds on the left as the king rides to the hunt, the witches of Endor issuing a "buy"call, strange voices in the darkest night near the swamps of the dead behind Aunt Tillie's house) are falling into place for a solid...
September 20, 2018 | Daily JAM, Morning Briefing, Short Term |
Today the Standard & Poor's 500 stock index and the Dow Jones Industrial Average both hit record highs. The NASDAQ Composite was up 0.99% as of 2 p.m. New York time. The iShares MSCI Emerging Markets ETF (EEM) advanced 0.95%. West Texas Intermediate crude was off...
September 18, 2018 | Daily JAM, Morning Briefing, Short Term |
A day after the Trump administration announced 10% tariffs on an additional $200 billion in Chinese exports to the United States, stocks are up on a "It could have been worse" reaction. At 12:30 p.m. New York time the Standard & Poor's 500 stock index was ahead...
September 13, 2018 | Daily JAM, Mid Term |
There's some evidence that the money that has left big U.S. tech stocks such as Facebook (FB), Netflix (NFLX), Microsoft (MSFT) and Amazon (AMZN) on some recent days has been headed into big Chinese tech stocks such as Tencent Holdings (TCEHY), Alibaba (BABA), and...
September 13, 2018 | Daily JAM, Morning Briefing, Short Term |
The dollar is down today against the euro and some emerging market currencies, such as the Turkish lira, are rallying. The news ostensibly behind the move is some data indicating that U.S. inflation slipped in August. The logic goes that with inflation sliding the...