26 September, 2014 by The TZ Newswire Staff Comments Off on Nike, Janus Capital Lead Another Short New-Highs List
Nike, Janus Capital Lead Another Short New-Highs List
During a confirmed market uptrend, it’s not unusual for more than 100 stocks to hit new highs each day. But with the uptrend now under pressure, the number has dwindled into the 20s. Yet, a couple of stocks posted strong moves Friday. Nike (NKE) soared 9.75, or 12%, to 89.50 in huge volume after the maker of athletic apparel posted earnings late Thursday that easily beat Wall Street forecasts.
26 September, 2014 by The TZ Newswire Staff Comments Off on Pimco Tired Of Bill Gross, Janus Thrilled To Have Him
Pimco Tired Of Bill Gross, Janus Thrilled To Have Him
Bill Gross’ resignation Friday from Pimco, the $1.97 trillion asset management firm he founded and lead to a colossus in the bond world, has sent shockwaves through the industry. But Gross had been increasingly at odds with other executives and had not delivered his earlier stellar performance.
26 September, 2014 by The TZ Newswire Staff Comments Off on Many IBD 50 Stocks Testing Key Support Level
Many IBD 50 Stocks Testing Key Support Level
More than 30 of the IBD 50 stocks are within 5% of their 50-day moving averages, as they search for support at that key price level. That’s a large share of the list that finds itself testing the average and its cousin 10-week moving average. As leaders cross this juncture on their charts, investors can learn a lot about the chances of their continued success by studying the chart behavior.
26 September, 2014 by The TZ Newswire Staff Comments Off on Peak Debt – Why The Keynesian Money Printers Are Done
Peak Debt – Why The Keynesian Money Printers Are Done
Submitted by David Stockman via Contra Corner blog,
26 September, 2014 by The TZ Newswire Staff Comments Off on Daniel Ivascyn to succeed Bill Gross as PIMCO CIO
Daniel Ivascyn to succeed Bill Gross as PIMCO CIO
Daniel Ivascyn will take the reins as CIO at PIMCO, which manages the world’s biggest bond fund. He will replace Bill Gross, who is often referred to as the Bond King.
26 September, 2014 by The TZ Newswire Staff Comments Off on Goldman bans investment bankers from trading stocks
Goldman bans investment bankers from trading stocks
Goldman Sachs Group Inc., the top adviser on corporate takeovers, is changing its conflict-of-interest policy to bar investment bankers from trading individual stocks and bonds, a person with direct knowledge …
26 September, 2014 by The TZ Newswire Staff Comments Off on Pro sees room for growth at Alibaba
Pro sees room for growth at Alibaba
Where Alibaba’s stock is headed, with Andrew Romans, Rubicon Venture Capital, Brian Hamilton, Sageworks chairman.