December 14, 2020 | Daily JAM, Short Term |
I see all the signs of a market that’s moved beyond enthusiasm to excess. This stage in a market is called many things. A market melt. Forming a top. You get the idea. We won’t, of course, know if the current levels constitute a top until we get a sustained downturn. And waiting for that confirming downturn can take a while and be very painful if you’ve tried to time the turn with shorts or Put Options and turn out to have been early. The topping process can go on for a while.
November 30, 2020 | Daily JAM, Stock Alerts, Volatility |
Shares of what was once Kensington Capital Acquisition (KCAC) and is now QuantumScape (QS) are up 203.3.7% since I bought Kensington back on October 13, 2020 in my Volatility Portfolio. But Quantumscape isn’t planning to have its solid state lithium ion battery in production until 2024. And most investors don’t understand the wave of dilution that’s about to hit the now public shares of QuantumScape. So I’ll be taking my profits tomorrow.
November 24, 2020 | Daily JAM, KCAC, Volatility |
If you bought shares of Kensington Capital Acquisition (KCAC) along with me on October 13, you’re received a solicitation for a proxy vote to approve the reverse merger of Kensington with privately held QuantumScape, a startup solid state lithium battery company. The merger wis a way for Quantumscape to go public. (Kensington was the 14th and last pick in my Special Report: 10 Stocks for the Post-Coronavirus economy. Kensington has called a special meeting for shareholders for November 25 to approve the merger. You can vote online to 11:59 p.m. tonight. I plan to vote in favor of the merger, since that’s the whole reason for owning shares of Kensington.
October 29, 2020 | Daily JAM, RWM, Short Term, Volatility |
Yesterday, October 28, I posted that I would put off buying more downside protection against volatility in this nervous market for one more day. The plunge in stocks on Wednesday made downside protection more expensive--fear increases the demand for downside...
October 27, 2020 | Daily JAM, Morning Briefing, Volatility |
What I like to see--if I'm on the long side of stocks--after a drop like yesterday when the Standard & Poor's fell 1.86% for its biggest loss in a month and the Dow Jones Industrial Average gave up 2.29%--is a bounce that speaks to investors and traders thinking...
October 20, 2020 | Daily JAM, Short Term, VALE, Volatility |
Brazil's iron ore giant Vale (VALE) reported on Monday, October 19, that it produced more iron ore than expected in the third quarter due to record volumes from newer mines in northern Brazil. This comes just ahead of a seasonal slowdown in demand from China. The...
October 14, 2020 | Daily JAM, Stock Alerts, Volatility, VXRT |
Shares of Vaxart (VXRT) closed down 10.04% today, October 14, giving back all of its 8.8% gain from Tuesday. The shares finished the October 14 session at $6.90. Yesterday, the company, which is working on a coronavirus vaccine in pill form, reported that hamsters who...
October 14, 2020 | Daily JAM, Volatility |
On October 8 in my Special Report "Your Investing Guide to the Next Dangerous 6 Stock Market Months" I recommended buying Puts on Wells Fargo (WFC) for my Volatility Portfolio as a way to hedge stock market volatility. If you had bought the January 15, 2021 Puts with...
October 8, 2020 | Daily JAM |
Yesterday in my Special Report: "Your Investing Guide for the Next 6 Dangerous Stock Market Months" I wrote: "I'm pessimistic about the month before the election and for the lame duck months after it. I think there's a chance either in the United States or in Europe...
October 7, 2020 | Daily JAM, Morning Briefing |
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...
September 22, 2020 | Daily JAM |
I'm not waiting until I post all of my newest Special Report: "Your Investing Guide for the Next Six Dangerous Stock Market Months with 10 investment moves for a crazy, crazy market" to make this buy on the MGM Resorts International (MGM) Puts with a strike price of...
September 15, 2020 | Daily JAM, Stock Alerts, Volatility, VXRT |
Yesterday shares of Vaxart (VXRT) were up 46.79%. Today they're down 16.13% as of noon in New York. And, of course the shares are down 55.38% since I bought them on July 22, 2020 at $14.79. Why so much, such extraordinary volatility? Some is because this is the kind...
