1 October, 2014 by The TZ Newswire Staff Comments Off on September U.S. car sales show industry’s torrid pace slowing
September U.S. car sales show industry’s torrid pace slowing
General Motors Co, Fiat SpA’s Chrysler Group, Toyota Motor Corp, Honda Motor Co, Nissan Motor Co and Hyundai Motor Co all reported year-to-year sales gains on Wednesday, but Ford Motor Co said sales fell slightly from a year ago. A Reuters survey of nine analysts showed expectations for a 10 percent rise in September to about 1.25 million vehicles, with sales during the month at an annualized rate of 16.7 million, well below the 17.5 million pace as in August.
1 October, 2014 by The TZ Newswire Staff Comments Off on Intelligence? President Obama Missed ~60% Of His Daily Briefings
Intelligence? President Obama Missed ~60% Of His Daily Briefings
Just days after President Obama infuriated some in the intelligence and defense communities with comments that “they underestimated what had been taking place in Syria,” The Government Accountability Institute, a watchdog non-profit organization, found that as of Sept. 29, the President had attended only 42.4% of Presidential Daily Briefs (PDB) during his first term and 41.3% during his second term. As one former official blasted, “either the president doesn’t read the intelligence he’s getting or he’s bullshitting.”
1 October, 2014 by The TZ Newswire Staff Comments Off on Oversold Readings On The TRIN
Oversold Readings On The TRIN
The TRIN or Short-Term TRading INdex, better known as the Arms Index, is a breadth indicator that was developed by Richard Arms in 1967. The index is calculated by dividing the Advance-Decline Ratio by the Advance-Decline Volume Ratio. Because it is an oscillator, we can use it to identify short-term overbought and oversold conditions. Looking at the TRIN chart below, I’ve identified areas of oversold readings (red bars) and then annotated the corresponding oversold readings with price using the blue bars. I used a reverse scale on the TRIN so it is more intuitive.
1 October, 2014 by The TZ Newswire Staff Comments Off on Global PMI Summary: 60% Of Nations Weakening
Global PMI Summary: 60% Of Nations Weakening
As PMI manufacturing surveys are released around the world, we get an early read on the state of glkobal manufacturing. As the below table shows, out of the 25 countries that have reported so far, 8 reported improvements in their manufacturing sectors in September, while 15 recorded a weakening, and 2 remained unchanged.
A reading above 50 reflects expansion, while below 50 indicates contraction.
1 October, 2014 by The TZ Newswire Staff Comments Off on 4 Top Dividend Stocks to Buy in October
4 Top Dividend Stocks to Buy in October
A soda and snack king, an organic grocer, an oral care giant, and a telecom operator are on this list of dividends stocks to buy in October.
1 October, 2014 by The TZ Newswire Staff Comments Off on Amazon’s Deal With the United States Postal Service Could Hold the Key to the Mail Deliverer’s Futur
Amazon’s Deal With the United States Postal Service Could Hold the Key to the Mail Deliverer’s Futur
1 October, 2014 by The TZ Newswire Staff Comments Off on Yen squeezes higher as disappointing PMIs dim mood
Yen squeezes higher as disappointing PMIs dim mood
The safe-haven yen held onto solid gains after disappointing manufacturing surveys triggered a run on risk, while the euro stayed defensive.