13 November, 2014 by The TZ Newswire Staff Comments Off on Do You Believe In IMF Miracles? Greek Unemployment Edition
Do You Believe In IMF Miracles? Greek Unemployment Edition
Because nothing signals confidence like an IMF economic projection (as we have shown here, here, and here most recently), we thought it worth pointing out the dramatically optimistic collapse of Greek unemployment that Lagarde’s to
13 November, 2014 by The TZ Newswire Staff Comments Off on Nasdaq Shows Stalling Action; Bulls Take Timeout
Nasdaq Shows Stalling Action; Bulls Take Timeout
Stocks stayed in a hesitant mode Thursday, but the Nasdaq showed stalling action. The Nasdaq closed up 0.1% after rising 0.6% in the morning. The S&P 500 added less than 0.1%. The IBD 50 fell 0.3%. Volume rose across the board. The action on the Nasdaq amounted to stalling, which points to distribution on an up day. The count of distribution days is not yet high enough to be a worry.
13 November, 2014 by The TZ Newswire Staff Comments Off on US using fake cellphone towers to gather data: WSJ
US using fake cellphone towers to gather data: WSJ
An agency of the U.S. Justice Department is gathering data from thousands of cell phones by using fake communications towers on airplanes.
13 November, 2014 by The TZ Newswire Staff Comments Off on Personal Finance Daily: The rules of re-gifting, how to prep for Obamacare 2015
Personal Finance Daily: The rules of re-gifting, how to prep for Obamacare 2015
13 November, 2014 by The TZ Newswire Staff Comments Off on Market Advance Spawns Many Winning Stocks
Market Advance Spawns Many Winning Stocks
A sharp advance in the stock market has resulted in many top-rated stocks making dramatic gains. Quite a few stocks have surged 15%, 20% or more from breakouts since the Oct. 21 market follow-through, which is a testimony about the rally’s strength. Those winners include technology, health care, consumer and transportation stocks. Qualys (QLYS) has climbed as much as 23.5% from a 29.80 buy point.
13 November, 2014 by The TZ Newswire Staff Comments Off on Prudential Financial Inc.: 3 Key Takeaways From 3Q Earnings
Prudential Financial Inc.: 3 Key Takeaways From 3Q Earnings
Prudential Financial reported weak third-quarter earnings that missed analyst estimates due to high investment losses driven by derivatives. However, investors should look at the big picture and realize that Prudential Financial has a promising earnings and profitability record.
13 November, 2014 by The TZ Newswire Staff Comments Off on Oil Market News: China, Cushing Data Sink Oil Stocks
Oil Market News: China, Cushing Data Sink Oil Stocks
Global oil prices unraveled to four-year lows Thursday, with Brent crude dipping below $79 a barrel and West Texas Intermediate sliding to near $75. London-based Capital Economics pruned its Brent crude price forecast to $75 a barrel by the end of next year, down from $85, and $70 by the end of 2016. Investors responded by selling oil-related stocks hard.