June 25, 2020 | Daily JAM, Stock Alerts |
A while back I sold the Invesco Currency Shares Japanese Yen ETF (FXY) out of my Perfect Five ETF Portfolio because I was looking for more diversification in that limited five ETF portfolio. (I replaced it with the iShares Large Cap China ETF (FXI) on April 20, 2020....
March 16, 2020 | Daily JAM, Perfect Five-ETFs |
The Japanese yen soared 2% Monday after the Federal Reserve announced that it would cut interest rates and add $700 billion to its balance sheet by buying Treasuries and mortgage-backed securities. The dollar is down 0.66% today against the DXY Spot Index, a basket of...
March 11, 2020 | Daily JAM, Morning Briefing, Short Term, Volatility, You Might Have Missed |
As of 1:45 p.m. in New York the Standard & Poor's 500 is down 4.62% and the Dow Jones Industrial Average is off 5.13%. The NASDAQ Composite is lower by 4.40% and the Russell 2000 small cap index, with its heavy load of smaller U.S. oil producers, has lost 5.23%....
February 4, 2019 | Daily JAM, Mid Term, Morning Briefing |
A number of Wall Street and big international banks are forecasting a drop in the dollar as a result of the Fed's decision to back off on raising interest rates in 2019. Morgan Stanley, for example, says that the dollar has peaked and has forecast the yen climbing to...
January 3, 2019 | Daily JAM, FXY, Perfect Five-ETFs, Stock Alerts |
On December 27 I switched to the Invesco Currency Shares Japanese Yen ETF (FXY) from the Vanguard FTSE Developed Markets ETF (VEA) in my Perfect 5 ETF Portfolio in an effort to get more yen exposure and a little more safety during this Bear market. Tomorrow I'm going...
January 2, 2019 | Daily JAM, Morning Briefing |
It's not just China anymore. Unfortunately. The Caixin Media and IHS Markit Purchasing Managers Index for China's manufacturing sector fell to 49.7 in December from 50.2, its lowest reading since May 2017. That confirms a trend seen in the official government PMI on...
December 27, 2018 | Daily JAM, FXY, Perfect Five-ETFs, VEA, Volatility |
Back on October 3 I switched from the Invesco Currency Shares Japanese Yen ETF (FXY) to the Vanguard FTSE Developed Markets ETF (VEA) in an effort to get a little more performance out of this slot in my Perfect 5 ETF Portfolio. (This ETF invest in both Japan and...
October 3, 2018 | Daily JAM, Perfect Five-ETFs, VEA |
Earlier today I sold the Invesco Currency Japanese Yen ETF (FXY) in my Perfect 5 ETF Portfolio. Now I'm replacing it with the Vanguard FTSE Developed Markets ETF (VEA). The sell and the buy will cut the portfolio's exposure to the Japanese yen and increase its...
October 3, 2018 | Daily JAM, FXY, Perfect Five-ETFs, Stock Alerts |
As I wrote in the Bonus ETF section of my recent Special Report: 10 Picks for the Emerging Market Bounce I'm selling the Invesco Currency Shares Japanese Yen ETF (FXY) out of my Perfect Five ETF Portfolio. I added this to the portfolio on July 17, 2018 to give me more...
September 28, 2018 | Daily JAM, Mid Term, Volatility, You Might Have Missed |
I don't think there's anything more important to financial markets--well, assuming we don't get some kind of completely off-the-wall black swan event--over the next three months or so than the strength or weakness of the dollar. My judgment on trends in the greenback...
July 20, 2018 | Daily JAM, FXY, Morning Briefing, Perfect Five-ETFs, Short Term |
For a second straight day President Donald Trump has tweeted out criticism of the Federal Reserve's policy decision to raise interest rates. In his tweets today the President wrote: "China, the European Union and others have been manipulating their currencies and...
July 16, 2018 | Daily JAM, FXY, Perfect Five-ETFs, Stock Alerts |
Following my own recommendation in my Special Report 5 Places to Hide from a Downturn--and Still Make Some Money I'm adding "Invesco CurrencyShares Japanese Yen ETF (FXY) to my Perfect 5 ETF portfolio today. As I wrote in that Special Report, "JPMorgan Chase recently...
