22 September, 2014 by The TZ Newswire Staff Comments Off on Small Caps Take Another Beating As Market Hiccups Again
Small Caps Take Another Beating As Market Hiccups Again
A wave of selling hit growth stocks Monday, putting the market uptrend back under pressure. The Nasdaq slumped 1.1%, recovering slightly from a 1.5% intraday loss. The S&P 500 gave up 0.8% while the Dow slumped 0.6%. The session had the feel of distribution even though volume came in much lower than Friday. Volume was unusually high Friday due to options expirations.
22 September, 2014 by The TZ Newswire Staff Comments Off on Monday Market Wrap- The Russell Acts Up Again
Monday Market Wrap- The Russell Acts Up Again
The trend is still just fine, but the market took some hits today as the Alibaba hangover kicked in a bit. Here is a look at how the etf”s fared. Not so hot.
The SPX closed right on its 20 day moving average. Next support should that break would be around 1975, which is the 50 day moving average.
22 September, 2014 by The TZ Newswire Staff Comments Off on Emerging Market Funds On Top
Emerging Market Funds On Top
Emerging-market stock mutual funds are clear performance winners over the broad stock market in the past 15 years. A $10,000 investment made in the average emerging-market fund on June 30, 1999, would have growth to $37,386 by Sept. 19 this year, according to Morningstar data. The same investment in the S&P 500 would have grown to only $19,502. But the S&P 500 has been catching up, rising 10% year to date vs.
22 September, 2014 by The TZ Newswire Staff Comments Off on Most Big Cap 20 Stocks Near Entries, But Risks Exist
Most Big Cap 20 Stocks Near Entries, But Risks Exist
Most of the Big Cap 20 stocks are in buy ranges or forming bases. That’s an unusually good trend that affords investors plenty of opportunities to deploy capital. But a sluggish market poses risks for any new purchases. For those willing to risk today’s market, several big-cap leaders are in buy range from their latest base breakouts. Many cyclical stocks are on today’s list. Steelmaker Nucor (NUE) broke out of a long base on Sept.
22 September, 2014 by The TZ Newswire Staff Comments Off on Chinese Stocks Slide As Stimulus Hopes Dim
Chinese Stocks Slide As Stimulus Hopes Dim
Sometimes no news is good news, but comments from Chinese Finance Minister Lou Jiwei hinting at a lack of additional stimulus measures wreaked havoc on Chinese stock market indexes and Chinese ADRs. At a meeting with other G-20 finance ministers and central bankers, Jiwei on Sunday said the Chinese government will not significantly change its economic policy because of a single economic indicator.
22 September, 2014 by The TZ Newswire Staff Comments Off on TAL Education, Gentherm Among Top Stocks Faltering
TAL Education, Gentherm Among Top Stocks Faltering
A number of top stocks from IBD’s 33 sector groups showed weakness amid the market’s sell-off Monday. TAL Education Group (XRS), a provider of after-school tutoring services in China, slipped below a three-weeks-tight buy point after falling 1, or 3%, to 34.59 in mildly above-average volume. The stock ended 3% below the 35.55 secondary entry, which gave existing shareholders a chance to add a small number of shares to their holdings.
22 September, 2014 by The TZ Newswire Staff Comments Off on Airlines pocket $899.5M in checked-bag fees
Airlines pocket $899.5M in checked-bag fees
Fares were up more than 8 percent in the second quarter, and checked-bag fees continued to climb as well.