Today it’s Amazon’s market
This morning shares of Amazon (AMZN) burst higher out of the box, gaining 5.98% as of noon New York time. The catalyst, it appears, was a new target price from Goldman Sachs of $3800 a share, up from the previous target of $3000. The shares had closed at $2961.97 on...
Saturday Night Quarterback says, For the week ahead expect…
...exciting times. And while that's fun (to some people, I hear) on a roller coaster, it's not going to be fun this week as investors try to figure out how to play three big news trends. First (because it's simpler and not because it's necessarily most important)...
Trick or trend: Netflix disappointment doesn’t take down tech stocks
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Friday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. Netflix...
Inflection point for stocks approaches
Today what I'm calling "re-opening dependent" stock fell again. At least in the early going. Toward the end of session--like yesterday--these stocks and stocks in general rallied. Which in and of itself tells us something important about this market. First, the 2 p.m....
Saturday Night Quarterback says, For the week ahead expect…
... earnings drama. The week features reports from Amazon (AMZN), Apple (AAPL), Alphabet (GOOG), Facebook (FB), Microsoft (MSFT), ExxonMobil (XOM) General Electric (GE), Caterpillar (CAT), Ford (F), Tesla (TSLA), Starbucks (SBUX), McDonald's (MCD), Pfizer, and Gilead...
Why the economic damage from the coronavirus slowdown could last through the end of 2020
Remember way back a couple of weeks ago. In February the consensus was that the slowdown in revenue and earnings from the coronavirus pandemic would last for the first quarter of 2020. Corporate guidance reflected that view with companies such as Nvidia (NVDA) telling...
Microsoft warns that coronavirus will cause miss in guidance in March quarter
This is exactly the pattern that financial markets are afraid of: Another company announcing the it would miss the revenue and earnings guidance that it had issued just weeks ago because of the effects of the coronavirus outbreak. In this case it's Microsoft (MSFT), a...
I will be selling Microsoft out of my Dividend Portfolio on Friday, February 21
When I revised my Dividend Portfolio back on November 11, 2019, the idea was to add a few stocks that paid very low dividend yields now but that showed a likelihood of raising dividends substantially in the coming years. That way, you'd be buying future higher yields...
Today earnings and coronavirus news battled to a draw in the U.S. stock market; tomorrow?
The Standard & Poor's 500 finished the day down a scant 0.09%. The Dow Jones Industrial Average was up 0.04%. The NASDAQ Composite was ahead 006$% and the Russell 2000 small cap index dropped 0.55%. The iShares MSCI Emerging Markets ETF ended the day higher by...
Saturday Night Quarterback says, For the week ahead expect…
... earning, earnings and more earnings, especially from the big technology companies in the NASDAQ 100. 26 companies in the index are scheduled to report results for the December quarter next week. Including reports from three of the four biggest U.S. companies....
Adding Xilinx to my Volatility Portfolio as one last FOMO pick through the end of the year
On November 6 I added chip maker Xilinx (XLNX) to my Volatility Portfolio as one last FOMO pick to go with Skyworks Solutions (SWKS) and Cirrus Logic (CRUS). The stock closed that day at $93.77. It closed essentially unchanged at $93.29 today. My argument for the...Jim’s Stock Alerts
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