8 October, 2014 by The TZ Newswire Staff Comments Off on Can Apple Convince Music Labels It’s Still Smarter Than They Are?
Can Apple Convince Music Labels It’s Still Smarter Than They Are?
8 October, 2014 by The TZ Newswire Staff Comments Off on Thursday Market Wrap
Thursday Market Wrap
For the day the SPX/DOW were +1.70%, and the NDX/NAZ were +2.00%. Bonds gained 18 ticks, Crude lost $1.20, Gold rose $12, and the USD was lower. Medium term support jumps back up to the 1956 and 1929 pivots, with resistance at the 1973 and 2019 pivots. Tomorrow: weekly Jobless claims at 8:30, then Wholesale inventories at 10am.
The market opened flat today, bounced around in the first hour of trading, then made a lower low at SPX 1925. After that the market had a rally to SPX 1937, pulled back, and then took off to the upside
I added longs to the P&L today.
8 October, 2014 by The TZ Newswire Staff Comments Off on Gold Miners Rally! Is This The Bottom?
Gold Miners Rally! Is This The Bottom?
I noticed on today’s DP ETF Tracker Report, where ETFs are sorted by percent change, that Gold Miners hit it big today. Gold Miner ETFs and stocks, while tied to gold, will not necessarily trade and travel with gold prices. However, as of late they have been dropping just like gold. I was surprised to see that both ETFs I looked at had recently tested support near or at all-time lows. Can they go lower? Or are they ready for a turnaround? Let’s take a look.
8 October, 2014 by The TZ Newswire Staff Comments Off on 18 Sobering Facts About The Unprecedented Student Loan Debt Crisis In The US
18 Sobering Facts About The Unprecedented Student Loan Debt Crisis In The US
8 October, 2014 by The TZ Newswire Staff Comments Off on Crude swoon: Oil prices may keep falling
Crude swoon: Oil prices may keep falling
Oil prices are trading at their lowest levels in over a year, and according to some traders, they are about to go a lot lower.
8 October, 2014 by The TZ Newswire Staff Comments Off on Why IBM Is the Real Threat to Intel’s Server Dominance
Why IBM Is the Real Threat to Intel’s Server Dominance
Intel currently dominates the server chip market; but with IBM licensing its POWER architecture, the balance of power could be set to shift.
8 October, 2014 by The TZ Newswire Staff Comments Off on America Really Needs One Of These
America Really Needs One Of These
Perhaps, in the interests of keeping its population satisfied that government is busy and working hard for the nation’s good, India has unveiled a real-time dashboard to monitor how many government workers are in attendance at any moment…
click image for fully real-time-updating version…