October 11, 2021 | Daily JAM, Morning Briefing |
Big bank earnings begin on Wednesday and Thursday. Unfortunately, won’t tell us anything useful about the margin pressures from rising global supply chain shipping costs or higher prices for raw materials. Those are the factors that could produce a quarter’s worth of warnings and unpleasant surprises once third quarter earnings season starts on October 13. But to learn about the effect of those margin pressures on earnings we’re going to have to wait for reports from the consumer and industrial companies that are on the front lines of these trends.
June 29, 2021 | C, Daily JAM, KBWB, Morning Briefing, USB |
That didn’t take long. On Thursday the Federal Reserve reported that all 23 big banks tested in its annual stress test, passed. Which means that the last remaining restrictions on dividend increases and share buybacks are now history. Yesterday big banks started to announce dividend increases
April 16, 2021 | BAC, C, Daily JAM, Dividend Income, JPM, Jubak Picks, WFC |
Blow-out first quarter earnings results from the big banks didn’t produce huge gains this week–and that’s actually reassuring to me because it says a significant number of investors are still paying attention to fundamentals
April 2, 2021 | Daily JAM, Friday Trick or Trend |
The Consumer Financial Protection Bureau is warning of a deluge of foreclosures that could hit the housing market in September. As of January more than 2 million borrowers had either postpone their mortgage payments or failed to make them for at least three months, according to the bureau. Government-authorized forbearance plans begin to end in September. That means hundreds of thousands of home owners will need help getting back on track or face foreclosure on their homes.
March 30, 2021 | Daily JAM, Morning Briefing |
You can judge the stock market’s mood pretty accurately today, Tuesday, March 30, from just a few price movements. Take a look at the performance of bank stocks, the small cap Russell 2000, the CBOE VIX “fear index,” and technology stocks to see where we’re likely to be headed for the rest of this week.
March 25, 2021 | C, Daily JAM, Dividend Income, KBWB, Perfect Five-ETFs, USB |
U.S. banks that pass their next stress tests will be allowed to raise their dividends after June 30, the Federal Reserve said today, March 25. The Fed will also lift any remaining restrictions on stock buybacks.
January 10, 2021 | Daily JAM |
Bank earnings will start off fourth quarter earnings season. Friday, January 15, brings reports from JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) before the market open. The big test will be whether these banks can deliver news that’s good enough to keep the stocks rising after huge gains in the last three months.
November 10, 2020 | Daily JAM, Morning Briefing, Short Term |
If you remember, my "calendar" listed a short-term post-election rally to be followed by a downward ... 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...
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 12, 2020 | Daily JAM, Morning Briefing |
The big banks kick off third quarter earnings reports tomorrow, Tuesday, October 13 with JPMorgan Chase (JPM) due to report before the open. The analyst consensus is that the bank will earn $1.93 a share, down from the $2.68 a share earnings in the September quarter...
October 3, 2020 | Daily JAM |
...expect the upcoming earnings season to, somehow, edge its way into investor and trader minds, as jam-packed as they already are with issues ranging from the coronavirus pandemic to the November 3 election. The big banks kick off third quarter earnings reports the...
September 22, 2020 | Daily JAM, Morning Briefing, Short Term, Volatility, You Might Have Missed |
This morning it looked like we might not get the bounce I expected today after the Monday morning sell off and Monday afternoon recovery. The NASDAQ, dominated by the big tech names most likely to bounce today, started Tuesday off in a mild downturn. As of 11:07 a.m....
