The Traderszone Network

Never mind the shale revolution, or Opec’s deliberations. Some olive oil producers are enjoying the highest prices in six years.

By now, the 14th week of the uptrend, many of the best bases are gone, but should not be forgotten. Scroll through the Weekly Review and you’ll see stocks far extended from their initial bases. That’s normal, as the best stocks usually break out within the first 12 weeks of a confirmed uptrend. But some have also started to show the next phase, be it add-on buy points like a 10-week pullback or the making of the next-stage base.

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Asian stocks are mostly higher, taking their cues from greater stability in crude oil prices and the Russian ruble, along with the Federal Reserve’s indication it will take a slow approach to raising interest rates.
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Express Scripts said its largest plan will cover only AbbVie’s hepatitis C regimen, excluding drugs from Gilead and J&J.

Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world’s top petroleum exporter plans to ride out …

Struggling retailer American Apparel Inc said it has adopted a new, one-year stockholder rights plan with a 10 percent trigger. “The board implemented the rights plan as an additional means to ensure …

Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course. Boeing was knocking on his door with a “super-efficient” jet boasting …