January 17, 2019 | Daily JAM, Volatility |
Rallies share one very important pattern. In a rally more investors and traders want to jump in as prices rise. They're convinced that rising prices mean that prices will climb even more in the future and so they buy, driving prices higher. Bounces follow a different...
January 15, 2019 | Daily JAM, Mid Term, Special Reports, Volatility |
Is the bear market over? And if it is, what stocks should you target as "best buys." The first is a really, really tough question to answer now. News of new efforts to stimulate economic growth in China helped push the Standard & Poor's 500 stock index over...
January 13, 2019 | Daily JAM |
... earnings from Netflix (NFLX), scheduled for release after the market close on Thursday, January 17, to be a BIG TEST to see whether this big bounce turns into a sustained rally. Netflix shares gained another 4% on Friday after analysts at Raymond James and UBS...
January 7, 2019 | Daily JAM, Short Term, Volatility |
U.S. stocks moved toward a key test on Monday with the Standard & Poor's 500 approaching the 2550 to 2600 level that signals the top of the recent volatility range and likely technical resistance. If the index breaks above this level, the market could run higher...
December 12, 2018 | Daily JAM |
Bounce, yes. Rally, maybe. What the difference? Conviction and duration.The wider market isn't sure that the bad news on the U.S. China trade war is over and doesn't want to get blind-sided. That's why the broad indexes such as the Standard & Poor's 500 and the...
December 12, 2018 | Daily JAM, Morning Briefing |
Bounce, yes. Rally, maybe. What the difference? Conviction and duration. The wider market isn't sure that the bad news on the U.S. China trade war is over and doesn't want to get blind-sided. That's why the broad indexes such as the Standard & Poor's 500 and the...
December 4, 2018 | Daily JAM, Mid Term, Volatility, You Might Have Missed |
It's hard to take a step back on a day when the Dow Jones Industrial average closed down more than 700 points (and 3.10%), but that's exactly what I'm going to suggest. The huge sell off was driven by three major factors in my opinion. First, the U.S. stock market...
November 13, 2018 | Daily JAM, Short Term |
Monday was brutal. The Standard & Poor's 500 fell 1.97% and the Dow Jones industrial Average tumbled 2.32%. The NASDAQ Composite was lower by 2.78%. And the Russell 2000 small cap index lost 1.98%. Individual stocks fell even harder. Apple (AAPL) was down 5.04%....
November 2, 2018 | Daily JAM, Short Term |
Part--but certainly only part--of the weakness in U.S. stock prices in October came from the blackout period on companies buying back their own shares. Many companies have self-declared buyback blackout periods running from a couple of weeks before the company reports...
October 31, 2018 | Daily JAM, Morning Briefing, Special Reports |
Scary market, huh? Completely unpredictable it seems, right? Up on Tuesday October 30 with the Standard & Poor's ahead 1.57% at the close and the technology-heavy NASDAQ Composite ahead 1.58%. Quite a turn about from the previous day when the S&P 500 finished...
October 26, 2018 | Daily JAM, Short Term |
What's really remarkable is not that U.S. stocks are down again today, but that the U.S. market is hanging so tough. There's no sign of the kind of capitulation that usually marks the end of a downturn. In fact, there's very little sign of the kind of panic that...
October 15, 2018 | Daily JAM, Morning Briefing, Short Term |
If the market were inclined to sell off today, it could have found plenty of reasons. Under the heading of one-off scary stuff, I'd put:Â Continued tensions between the Saudis and just about everyone else over allegations--which look to be true--that the Saudi...
