4 November, 2014 by The TZ Newswire Staff Comments Off on Airlines, Truckers Lead Market In Latest Rally
Airlines, Truckers Lead Market In Latest Rally
Airline stocks have taken flight as oil prices continue to fall. IBD’s airline industry group ranked No. 31 out of 197 in Tuesday’s edition, up from No. 111 just three weeks ago. This week, it’s been one of IBD’s 10 top-performing groups. The latest breakout was discounter Southwest Airlines (LUV). The stock’s base was a six-week cup with handle with a 35.45 buy point.
4 November, 2014 by The TZ Newswire Staff Comments Off on Sysco’s Merger Deal On Ice As FTC Continues Review
Sysco’s Merger Deal On Ice As FTC Continues Review
Sysco has been waiting nearly a year since it announced plans to buy US Foods. And it looks like the food distributor will have to wait a little longer. Houston-based Sysco (SYY) said Monday that it expects the $3.5 billion deal to close next year, since the Federal Trade Commission is still reviewing it. Sysco and US Foods, which is owned by private equity companies, are the only two food distributors with national reach.
4 November, 2014 by The TZ Newswire Staff Comments Off on Natural Gas Up Again As Colder Weather Looms
Natural Gas Up Again As Colder Weather Looms
Natural gas futures advanced for the sixth straight day in New York, the longest streak of gains in 11 months, on speculation that a blast of cold air will stoke demand for the heating fuel. Temperatures will be below normal from the Great Plains through the East Coast from Nov. 9 through Nov. 18, according to Commodity Weather Group. Gas stockpiles were 7.8% below year-earlier levels on Oct.
4 November, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: BHP to sell Texas oil overseas without formal U.S. approval
The Wall Street Journal: BHP to sell Texas oil overseas without formal U.S. approval
A major energy company will soon sell U.S. oil abroad without explicit permission from the U.S.
4 November, 2014 by The TZ Newswire Staff Comments Off on Google looks to elevate cloud stance
Google looks to elevate cloud stance
Google, one of the Internet’s premier properties, has lagged behind rivals like Amazon and Microsoft in cloud services.
4 November, 2014 by The TZ Newswire Staff Comments Off on Only A Few Years Left Until The Nikkei Hits Dylan Grice’s Price Target Of 63,000,000
Only A Few Years Left Until The Nikkei Hits Dylan Grice’s Price Target Of 63,000,000
Back in May 2011, long before the second and far more disastrous reign of Abe, and even longer before Japan unleashed the most insane episode of Banzainomics, pardon QE11 (or thereabouts), we predicted what the BOJ would do up to and including its recent QE tack-on to its ludicrous debt monetization program in “Japan Resumes Hyprintspeed Part 1: A Look At The BOJ’s Current, And Future, Quantitative Easing.” Specifically we said:
4 November, 2014 by The TZ Newswire Staff Comments Off on Beware: A poisoned stock market in 2015
Beware: A poisoned stock market in 2015
The short-term result of the election may be bullish for the market but we are headed for dangerous times, says hedge-fund manager Todd Schoenberger.