20 November, 2014 by The TZ Newswire Staff Comments Off on Baby Steps, New Highs and Bullish Evidence
Baby Steps, New Highs and Bullish Evidence
Stocks continued to take baby steps higher with the S&P 500 and Dow Industrials closing at all time (closing) highs. Even though the Russell 2000 and S&P Small-Cap 600 remain below their prior highs, they are less than 4% from these highs and both formed bullish engulfing patterns on Thursday. Stocks opened weak, immediately bottomed and moved higher the rest of the day. The S&P…
20 November, 2014 by The TZ Newswire Staff Comments Off on Duchess of Alba, an unconventional aristocrat, dies
Duchess of Alba, an unconventional aristocrat, dies
The Duchess of Alba, a flamboyant Spanish aristocrat known for her lifestyle, died on Thursday in her palace in Seville, the NYT reports.
20 November, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold bounces back after data-induced drop
Metals Stocks: Gold bounces back after data-induced drop
Gold prices bounced back from a data-induced decline in the prior session, rallying ahead of next week’s holiday shortened stretch and the relatively quiet trading action that comes with it.
read more
20 November, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Oil futures edge higher, Brent pushes toward $80 a barrel
Futures Movers: Oil futures edge higher, Brent pushes toward $80 a barrel
Oil is rising as the market gets increasingly confident that OPEC will take action to cut supply next week.
read more
20 November, 2014 by The TZ Newswire Staff Comments Off on The Bullish Percent Indexes Lose 10% On This Rally
The Bullish Percent Indexes Lose 10% On This Rally
– Bullish Percent Indexes sit at critical levels – Natural Gas ignites – Oil reaches an important support shelf Equities The
NASDAQ Composite($COMPQ) on Chart 1 has finally taken out the monthly closing high from the year 2000. With 10 days to go in November we’ll be watching to see if it can make the highest monthly closing high on the index in 14 years. …
20 November, 2014 by The TZ Newswire Staff Comments Off on Currencies: Yen up after Japan’s finance minister voices concern over its sharp fall
Currencies: Yen up after Japan’s finance minister voices concern over its sharp fall
The yen finally finds some strength after Finance Minister Taro Aso says “the pace of the decline in the past week has been too fast” and sharp swings in the exchange rate are undesirable.
read more
20 November, 2014 by The TZ Newswire Staff Comments Off on Wedbush Admits It Broke Rules by Not Supervising Clients’ Trades
Wedbush Admits It Broke Rules by Not Supervising Clients’ Trades
Wedbush Securities Inc. agreed to pay $2.44 million to settle U.S. regulatory claims that it failed to vet clients who broke stock market rules.