July 23, 2020 | AMZN, Daily JAM, Top 50 Stocks |
Amazon (AMZN) reports second quarter earnings after the close of trading on July 30 next week. (I got the reporting date wrong  by a week in an earlier version of this post.) Wall Street is expecting impressive growth in online sales revenue. But after yesterdays...
July 16, 2020 | Daily JAM, NFLX |
After the close of trading in New York today, July 16, Netflix (NFLX) reported second quarter earnings of $1.59 a share, below the analyst consensus of $1.81. Revenue climbed 25% to $6.1 billion. The company did add 10.1 million customers to its streaming service in...
July 13, 2020 | Daily JAM, Morning Briefing, Short Term, You Might Have Missed |
At the high point during the day, the Dow Jones Industrial Average was up 2.2%. It closed with a gain of just 0.1% for the day. The trend wasn't limited to U.S. stocks. The iShares MSCI Emerging Markets ETF (EEM) was up 1.26% at noon New York time but closed off 0.67%...
July 11, 2020 | Daily JAM, FQVLF, Friday Trick or Trend, SCCO, Top 50 Stocks, Volatility, You Might Have Missed |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday 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. Back on...
June 18, 2020 | Daily JAM, Mid Term |
It wasn't a day for big moves in U.S. stocks. The Standard & Poor's 500 closed ahead 0.06% and the Dow Jones Industrial Average finished off 0.15%, for example. Nobody wants to get every far ahead of the trend--whichever direction it's pointing to. So, for...
June 16, 2020 | Daily JAM, Morning Briefing |
May retail sales surged 17.7% from April. The pickup was a record month over month gain in data going back to 1992, the Commerce Department reported this morning. Stocks jumped on the news--as well as a trial balloon testing the waters on yet another attempt at a big...
June 13, 2020 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday 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. I've read a...
June 10, 2020 | Daily JAM |
What we know: The re-opening of the economies of will produce a surge in revenue for many businesses as some customers return. What we don't know: Will enough customers return with these re-openings to produce profits for these business. Airlines are a very useful...
June 6, 2020 | Daily JAM, Friday Trick or Trend |
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...
June 5, 2020 | Daily JAM, Morning Briefing |
The U.S. economy added 2.5 million jobs in May, the Labor Department reported today. The official rate of unemployment fell to 13.3% from 14.7%. In April the economy had shed 20.5 million jobs. Economists were surprised by the gains, to put it mildly. The consensus...
June 3, 2020 | Daily JAM |
For the last month or more, positive expectations for the future have played into this rally. It didn't matter what the current numbers said about job losses or retail sales or initial claims for unemployment because the second quarter would mark the bottom and the...
May 29, 2020 | Daily JAM, Morning Briefing, Short Term, Volatility, You Might Have Missed |
I think we witnessed the birth of a Trump Put on the stock market in today's Rose Garden press event that investors and traders can pin beside their terminals along with the Powell Put from the Federal Reserve. Ahead of what had been billed as an announcement from...