January 4, 2023 | Daily JAM |
On Wednesday, January 4, European Union regulators decided that Facebook and Instagram, both properties of Meta Platforms (META), had illegally forced users to accept personalized ads. The fine of 390 million euros ($314 million) isn’t by any means the most damaging part of the decision. The company could be forced to make costly changes to its advertising-based business in the European Union, one of its largest markets and home to 450 million people. And the company could either be forced by regulators in other countries or decide to make the changes on its own to its global business that would turn the European Union decision into a defacto global standard.
April 9, 2019 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don't justify a full post. I've decided to start compiling these notes here each day in a kind of running mini blog that I'm calling Notes...
March 26, 2019 | Daily JAM, Short Term, Special Reports |
That famous futures trader Marc Antony famously said "Beware the Ides of April." Okay, the guy had a mixed performance record. Short Brutus but long Cleopatra. But his advice about April 2019 is good. The Ides of April fall on the 13th of the month. And what promises...
October 30, 2018 | Daily JAM, FB, Stock Alerts |
Facebook It really, really helps if lots of traders and investors hate your stock going into earnings. Then you can, as Facebook (FB) did today, announce quarterly results that fall short on revenue ($13.73 billion versus consensus projections for $13.8 billion), and...
October 12, 2018 | Daily JAM, Videos |
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 26, 2018 | Daily JAM, FB, Morning Briefing |
Golly gee, what could be the big story in the U.S. markets today? How about the rout in Facebook (FB) shares--down 18.96% or $41.24 to $176 at the close. That $112 billion dollar drop in the market value of Facebook gives the company the record for the largest one day...
July 25, 2018 | Daily JAM |
The NASDAQ Composite Index broke higher out of the gate yesterday, July 24, climbing to 7928 at 9:39 a.m. New York time and staying solidly to the upside through 10:22 at 7924.53 on strong earnings from Alphabet (GOOG). But then the index proceeded to slide lower to...
July 8, 2018 | Daily JAM |
...one more week of this technology driven, upward trend in the U.S. market as we head into the first tech earnings report with Netflix (NFLX) on Monday, July 16. Wall Street analysts are expecting huge earnings growth from the tech stocks that led the market upward...
April 21, 2018 | Daily JAM |
Suffice it to say that if the market can’t get excited about earnings this week, it’s not likely to get excited about earnings and we will have locked a sell on the news faction into place for this quarter.
April 5, 2018 | Daily JAM, Morning Briefing |
With all available officials on deck today in Beijing and Washington to talk down fears of a trade war and to talk up prospects for trade talks, the U.S. financial markets have returned to “normal.” And what is “normal” right now? A 0.47% gain in the Standard & Poor’s 500 stock index as tech shares recover with Facebook (FB) up 1.81% and Amazon (AMZN) up 2.62%. Normal is also a down day for Treasuries
March 29, 2018 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A representative entry resembles this from today: “10:40 a.m.: Tesla (TSLA) is coping with what looks like another quarter of lagging production for its Model 3. Deutsche Bank is projecting that production averaged just 800 cars a week in the first quarter. The weekly run rate, the bank’s analysts say, is now approaching 1,100 cars. That’s well short of the 2,500 cars a week that CEO Elon Musk had targeted for the first quarter. I’m not sure that this will be a big surprise to Tesla investors.”
March 22, 2018 | Daily JAM, Uncategorized, You Might Have Missed |
This isn’t going to sound very technical or sophisticated but to me the day feels like one where lots of traders and investors decided that they just couldn’t see any near term upside and in the absence of that upside they decided to sell. This pessimism strikes me as a delayed reaction to yesterday’s Fed meeting and a new dot plot that showed increased sentiment at the Federal Reserve for at least two more and possibly three more interest rate increases in 2018–and more rate increases to come in 2019 and 2020. In this context the President’s China tariff proposal isn’t the killer but rather just one more negative element.
