3 February, 2015 by The TZ Newswire Staff Comments Off on DP Market Update: Trading Range Holding On – February 3, 2015
DP Market Update: Trading Range Holding On – February 3, 2015
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The market rallied above the previous three days’ tops. A weaker dollar and stronger oil prices fueled the rally.
3 February, 2015 by The TZ Newswire Staff Comments Off on U.S. stocks soar amid oil spike, Greece optimism
U.S. stocks soar amid oil spike, Greece optimism
U.S. stocks rallied to close up more than 1 percent higher, boosted by a surge in oil prices and alleviation of concerns in the euro zone.
3 February, 2015 by The TZ Newswire Staff Comments Off on Macy’s full-year profit estimate tops forecast
Macy’s full-year profit estimate tops forecast
Department store chain Macy’s Inc estimated full-year 2014 profit of $4.35-$4.37 per share, higher than its previous forecast of $4.25-$4.35 per share. The company also said comparable sales grew 2.5 percent …
3 February, 2015 by The TZ Newswire Staff Comments Off on How Elliott’s Paul Singer Is Trading Plunging, No Surging, No Plunging, No Surging Crude Oil
How Elliott’s Paul Singer Is Trading Plunging, No Surging, No Plunging, No Surging Crude Oil
To say that nobody has any idea how to trade oil (except for the now default ramp into the 2:30pm Nymex close which may well be the new 3:30pm stock ramp) in this environment, when crude itself is beginning to trade like the Nikkei225, is an understatement. So here, hopefully to provide some clarity, is billionaire hedge fund manager Paul Singer, who Elliott Management returned 8.2% in 2014, a 12.7% CAGR since inception, and was just over $25 billion in AUM as of the start of the new year.
From Elliott Management Corporation
OIL
3 February, 2015 by The TZ Newswire Staff Comments Off on 5 earnings trades on Chipotle, Disney and Gilead
5 earnings trades on Chipotle, Disney and Gilead
“Fast Money” traders looked at how to play Chipotle, Walt Disney and Gilead, key players in three diverse sectors.
3 February, 2015 by The TZ Newswire Staff Comments Off on Cramer Remix: Calling on Walter White
Cramer Remix: Calling on Walter White
“Mad Money” host Jim Cramer reveals how this market’s changing course.
3 February, 2015 by The TZ Newswire Staff Comments Off on Dollar falls as euro up with commodity currencies
Dollar falls as euro up with commodity currencies
The greenback suffers its biggest one-day fall in over a year as investors cut long positions in a torrid session for dollar bulls.