4 July, 2014 by The TZ Newswire Staff Comments Off on Small-Cap AD Line Hits New High as Advance Broadens
Small-Cap AD Line Hits New High as Advance Broadens
Another week and another gain. Most of the major index ETFs moved to new highs again last week to affirm the uptrends. IWM hit a new high intraday, but has yet to close above the March high. The Russell MicroCap iShares (IWC) is still a few percentage points below its March high, but led the market last week with a 3% gain. Eight of the nine sectors were up with consumer discretionary and…
4 July, 2014 by The TZ Newswire Staff Comments Off on Consumer Discretionary and Tech Join the Leadership Circle
Consumer Discretionary and Tech Join the Leadership Circle
Relative weakness in the consumer discretionary sector was a concern a month ago, but not anymore. The first PerfChart shows the Consumer Discretionary SPDR (XLY), the Technology SPDR (XLK), the Energy SPDR (XLE) and the HealthCare SPDR (XLV) leading since June 3rd. XLY really came to life this past week with a new 52-week high and a gain that was greater than that of the S&P 500.
4 July, 2014 by The TZ Newswire Staff Comments Off on Charting the Correlation between Two Asset Classes (video)
Charting the Correlation between Two Asset Classes (video)
StockCharts users can chart the correlation between two asset classes using the Correlation Coefficient indicator. This tells us the degree of correlation between two symbols. A positive Correlation means the two move in the same direction, while a negative Correlation Coefficient means they move in opposite directions. The video is at the bottom of the article.
4 July, 2014 by The TZ Newswire Staff Comments Off on Henkel may splash out on further acquisitions – CFO in paper
Henkel may splash out on further acquisitions – CFO in paper
German consumer goods group Henkel may make further acquisitions to bolster its portfolio of detergents and hair care products after announcing two deals earlier this month, its finance chief was quoted saying. “We do not rule out larger takeovers in that area,” Carsten Knobel told German weekly Euro am Sonntag. Henkel recently struck deals to buy French household cleaner maker Spotless and three U.S. hair care brands, dipping into a 4 billion euro ($5.5 billion) war chest it had been building over several quarters.
4 July, 2014 by The TZ Newswire Staff Comments Off on Alcatel-Lucent: Upgrade From JPMorgan Makes It A Buy For Long-Term Investors
Alcatel-Lucent: Upgrade From JPMorgan Makes It A Buy For Long-Term Investors
By Alcaraz Research:
JPMorgan analyst Sandeep Deshpande’s upgrade of Alcatel-Lucent (ALU) from Neutral to Overweight boosted the stock by almost 4% on July 2. Deshpande explained that his new bullish sentiment on Alcatel-Lucent is because of the company’s quicker-than-expected turnaround.
4 July, 2014 by The TZ Newswire Staff Comments Off on Global Exploration For Acquisitions Should Help Abbott Labs In The Future
Global Exploration For Acquisitions Should Help Abbott Labs In The Future
ByAbba’s Aces:
The last time I wrote about Abbott Laboratories (ABT) I stated, “Due to the bearish technicals, falling financial efficiency ratios, and reduced 2015 earnings estimates, I will not be adding to my position right here.” Since writing the article, the stock has increased 6.75% versus the 6.12% gain the S&P 500 (SPY) posted.
4 July, 2014 by The TZ Newswire Staff Comments Off on The Gift That Keeps Giving
The Gift That Keeps Giving
By George Acs:
You never really know what kind of surprises the market will bring on any given day. I’ve long given up trying to use rational thought processes to try and divine what is going to happen on any given day. It’s far too humbling of an experience to continually make such attempts.