6 December, 2014 by The TZ Newswire Staff Comments Off on North Korea denies responsibility for Sony cyber attack
North Korea denies responsibility for Sony cyber attack
Claims that North Korea is to blame for the crippling cyber attack on Sony Pictures Entertainment are “wild rumors”, state media said on Sunday.
6 December, 2014 by The TZ Newswire Staff Comments Off on German DAX Closes at Record High, US Dollar Index Hits Eight-Year High
German DAX Closes at Record High, US Dollar Index Hits Eight-Year High
German stocks sold off Thursday after the ECB delayed further monetary easing until the first quarter. Later reports that more monetary stimulus might come as early as January helped boost European stocks which rallied sharply on Friday. Chart 1 shows the German DAX Composite Index jumping 2.4% on Friday to reach a new record. Other eurozone stock markets jumped as well. France rose 2.2%, Spain gained 2.6%, and Italy 3.4%. Friday’s strong jobs report in the U.S. may have also improved market sentiment in global markets.
6 December, 2014 by The TZ Newswire Staff Comments Off on German DAX Closes at Record High, US Dollar Index Hits Eight-Year High
German DAX Closes at Record High, US Dollar Index Hits Eight-Year High
German stocks sold off Thursday after the ECB delayed further monetary easing until the first quarter. Later reports that more monetary stimulus might come as early as January helped boost European stocks which rallied sharply on Friday. Chart 1 shows the German DAX Composite Index jumping 2.4% on Friday to reach a new record. Other eurozone stock markets jumped as well. France rose 2.2%, Spain gained 2.6%, and Italy 3.4%. Friday’s strong jobs report in the U.S. may have also improved market sentiment in global markets.
6 December, 2014 by The TZ Newswire Staff Comments Off on Small Caps Ready to Make a December Run?
Small Caps Ready to Make a December Run?
As a student of stock market history, I’m often astonished by historical facts about market performance. December is generally a very solid month for equities and no index benefits more from this seasonal bullishness than the Russell 2000. Since 1987, the Russell 2000 has risen 24 of 27 years during the month of December, sporting a robust 42.45% annualized return. It is BY FAR the best month of the year for small caps with the second best month – April – lagging way behind with an annualized return of 19.42%.
6 December, 2014 by The TZ Newswire Staff Comments Off on Small Caps Ready to Make a December Run?
Small Caps Ready to Make a December Run?
As a student of stock market history, I’m often astonished by historical facts about market performance. December is generally a very solid month for equities and no index benefits more from this seasonal bullishness than the Russell 2000. Since 1987, the Russell 2000 has risen 24 of 27 years during the month of December, sporting a robust 42.45% annualized return. It is BY FAR the best month of the year for small caps with the second best month – April – lagging way behind with an annualized return of 19.42%.
6 December, 2014 by The TZ Newswire Staff Comments Off on Five ex-Madoff aides face up to 20 years in prison
Five ex-Madoff aides face up to 20 years in prison
Five former employees of Bernard Madoff, convicted in March of helping the fund manager bilk investors of billions of dollars in his massive Ponzi scheme, will be sentenced this week, with prosecutors …
6 December, 2014 by The TZ Newswire Staff Comments Off on Five ex-Madoff aides face up to 20 years in prison
Five ex-Madoff aides face up to 20 years in prison
Five former employees of Bernard Madoff, convicted in March of helping the fund manager bilk investors of billions of dollars in his massive Ponzi scheme, will be sentenced this week, with prosecutors …