25 September, 2014 by The TZ Newswire Staff Comments Off on Blackhawk Clears Buy Point, Tops Short New-Highs List
Blackhawk Clears Buy Point, Tops Short New-Highs List
Blackhawk Network (HAWK) soared above a buy point in huge volume Thursday, the lone bright spot in a short new-highs list. The operator of a global network of prepaid gift cards gapped up and jumped 2.38, or nearly 9%, to 30.23 after announcing an acquisition. The stock, which went public in April 2013, cleared a 29.13 flat-base buy point in triple its average daily trade.
25 September, 2014 by The TZ Newswire Staff Comments Off on Technology Stocks Slide But Other Sectors Hold Up Better
Technology Stocks Slide But Other Sectors Hold Up Better
A harsh sell-off in the market Thursday did not spare many stocks in Your Weekly Review. Nearly every stock on the screen closed lower, and the selling affected certain sectors more than others. However, few leaders triggered outright sell signals. Technology investors had their hands full with troubled leaders. Chip companies Avago Technologies (AVGO), Ambarella (AMBA) and NXP Semiconductor (NXPI) fell about 3%.
25 September, 2014 by The TZ Newswire Staff Comments Off on How Nike, Inc. Just Sprinted Past Expectations
How Nike, Inc. Just Sprinted Past Expectations
Nike turned in impressive quarterly results on strong product demand and expanding margins. Here’s how.
25 September, 2014 by The TZ Newswire Staff Comments Off on Refinery Woes Stop Slide In Prices At Pump
Refinery Woes Stop Slide In Prices At Pump
Refinery breakdowns have pushed wholesale gasoline in the Gulf Coast to the highest level since July, halting a drop in pump prices across the U.S. Gasoline in the Gulf, home to more than half of U.S. refining capacity, has jumped 20 cents a gallon in the past two weeks. October-delivery futures contracts, the benchmark for gasoline sold across the country, are the highest this month. U.S.
25 September, 2014 by The TZ Newswire Staff Comments Off on Stock Indexes Plunge As Nasdaq, S&P 500 Lose 50-Day Lines
Stock Indexes Plunge As Nasdaq, S&P 500 Lose 50-Day Lines
Stocks chalked up big losses Thursday as the indexes punctured their 50-day moving average lines. The Nasdaq lost 1.9%, while the S&P 500 and the Dow Jones industrial average lopped off 1.6% and 1.5%, respectively. The small-cap Russell 2000 slid 1.6%. The IBD 50 slid 2.1%. Volume eased on the NYSE but rose on the Nasdaq, slapping the Nasdaq index with a distribution day.
25 September, 2014 by The TZ Newswire Staff Comments Off on Don’t get tricked by the late-September swoon
Don’t get tricked by the late-September swoon
Wall Street took a beating on Thursday as investors worried about a slew of factors. But be careful not to get too concerned, lest you can miss a leg higher.
25 September, 2014 by The TZ Newswire Staff Comments Off on This is why oil markets are shrugging off Mideast tumult
This is why oil markets are shrugging off Mideast tumult
Crude held steady in choppy trading Thursday, despite recent airstrikes on oil refineries in Syria. Dennis Gartman said the reason for the muted reaction is twofold.