March 2, 2020 | Daily JAM, GOLD, Perfect Five-ETFs |
Usually gold, a safe haven, time-of-fear asset, rises when stocks stumble and worries climb. Not during last week's big sell off in stocks. Then gold and gold stocks moved down along with stocks. Today, however, as the Standard & Poor's 500 rallied to end the day...
February 6, 2020 | Daily JAM, GOLD, Stock Alerts |
Gold is supposed to go up when investors and traders are looking for safe havens and hedges against market volatility. So it makes sense the gold and gold mining stocks are gaining as coronavirus stalks through the land. Gold closed up 0.99% today to $1570.50 an...
January 24, 2020 | Daily JAM, Friday Trick or Trend |
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. I'm not going...
January 2, 2020 | Daily JAM, Morning Briefing, Short Term |
We've seen this before. And investors and traders seem determined to keep a good thing going--until it doesn't work anymore. Today, January 2, the first trading day in the new year for U.S. markets, stocks were off to the rally races again. The Standard & Poor's...
November 6, 2019 | Daily JAM, Morning Briefing, Short Term |
It now looks likely that President Donald Trump and President Xi Jinping may not be able to sign that Part 1 trade deal until December. The two sides still haven't set a date or a place. The Chinese have ruled out the first two U.S. suggestions of Iowa and Alaska and...
August 23, 2019 | Daily JAM, Morning Briefing, Short Term, Volatility |
Xi Jinping and Donald Trump upstaged Federal Reserve chair Jerome Powell this morning. Powell's Jackson Hole speech this morning was supposed to be the day's big market event. (More on this speech in a later post.) But this morning China announced that it would...
August 20, 2019 | Daily JAM, Morning Briefing |
It didn't take much to end the optimism of the past few days and turn the market at least mildly pessimistic today. U.S. Secretary of State Mike Pompeo told CNBC this morning that Huawei Technologies isn't the only Chinese company that poses security risks to the...
August 9, 2019 | Daily JAM, Short Term, Volatility |
This post should be song to the tune of "A Fine Romance." (It helps if you can dance like Fred Astaire. Or sing like Ella.) "A fine romance, with no kisses A fine romance, my friend, this is We should be like a couple of hot tomatoes But you're as cold as yesterday's...
May 15, 2019 | Daily JAM, Morning Briefing, Short Term |
I'd give the edge to China in the "Whose news is worse?" sweepstakes this morning. For April China's retail sales rose 7.2% year over year--good news except that economists were projecting an 8.6% increase and that March showed 8.7% year over year growth. The April...
May 7, 2019 | Daily JAM, Morning Briefing |
The Standard & Poor's 500 fell another 1.65% to 2,884.05 today on fears that there would be no agreement this week out of the U.S.-China trade talks and that President Donald Trump's threats to raise tariffs on $200 billion in Chinese exports to the United States...
May 6, 2019 | Daily JAM, Morning Briefing, Short Term |
Here's what's disconcerting about this morning's stock market drop. First, while we do know what caused the selloff--President Donald Trump's Sunday tweet threatening China with higher tariffs on even more exports unless it agreed to a trade deal in the next few...
April 9, 2019 | Daily JAM, Morning Briefing, Short Term, Volatility, You Might Have Missed |
Just in case you were worried that global trade wars were in any danger of calming down, today you can relax. Trade hostilities with the European Union are heating up. On Monday the Trump administration said it would impose tariffs on $11 billion in imports from the...
