17 October, 2014 by The TZ Newswire Staff Comments Off on Stocks Up Big Friday, Recover Early Week Losses
Stocks Up Big Friday, Recover Early Week Losses
Stocks finished with big gains Friday, posting their best day in six sessions. Blue chips led, with the Dow Jones industrial average rising 1.6%, while the S&P 500 climbed 1.3% and the Nasdaq finished 1.0% higher. Preliminary data show volume coming in lower than yesterday across the board. The Nasdaq finished the week down fractionally, after trimming the majority of a 3.7% loss at its low for the week.
17 October, 2014 by The TZ Newswire Staff Comments Off on Encore: Vanguard data shows 401(k) ‘leakage’ process
Encore: Vanguard data shows 401(k) ‘leakage’ process
Savings rollovers and hardship withdrawals reduce 401(k) and IRA balances by about 20% over time, according to an analysis of Vanguard retirement-plan data
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17 October, 2014 by The TZ Newswire Staff Comments Off on 5 Reasons You’ll Blow Your Holiday Budget Again
5 Reasons You’ll Blow Your Holiday Budget Again
17 October, 2014 by The TZ Newswire Staff Comments Off on WTForced Buy In: Shorts Crucified By Biggest Squeeze Since 2013
WTForced Buy In: Shorts Crucified By Biggest Squeeze Since 2013
Many market participants are looking dumbstruck at the miraculous surge in Dow Transports, Small Caps, and Homebuilders this week off the bond-short-puke lows of Wednesday morning. The answer – sadly for those who believe this is presaging new new highs and utopia once again – is that this was the biggest weekly short-squeeze in 11 months… and more troubling for the bulls – it ran out of steam today.
“Most Shorted” stocks (BBG Ticker GSCBMSAL Index) rose 3.3% on the week…
17 October, 2014 by The TZ Newswire Staff Comments Off on Sinking oil prices to wreak havoc on these 6 countries
Sinking oil prices to wreak havoc on these 6 countries
Oil shocks, it turns out, are a double-edged sword: They’re convenient for many consumers, but painful for countries reliant on crude exports.
17 October, 2014 by The TZ Newswire Staff Comments Off on Blodget: Stocks still 30 – 40% overvalued
Blodget: Stocks still 30 – 40% overvalued
Henry Blodget tells Yahoo Finance editor-in-chief investors should rein in expectations over the next 5 years.
17 October, 2014 by The TZ Newswire Staff Comments Off on Insurers to sell hospitals cover against Ebola business losses
Insurers to sell hospitals cover against Ebola business losses
Two privately owned insurance brokers have teamed up with Lloyd’s of London underwriter Ark Syndicate to sell hospitals a product that insures against any loss of profit from Ebola quarantine shutdowns. British broker Miller Insurance Services LLP said the product it created with U.S. There has been “considerable interest” in the product throughout the United States, Mark Sleet, Professional Risks broker at Miller, told Reuters.