20 February, 2015 by The TZ Newswire Staff Comments Off on Top Stocks: Synchronoss Tech Forms Base With A Flaw
Top Stocks: Synchronoss Tech Forms Base With A Flaw
Not all bases are created equally. Some patterns may offer many positive traits, while others are full of blemishes. Spotting the details in a base can make the difference between a good trade and a bad one. Synchronoss Technologies (SNCR) is in a cup-with-handle pattern with a 51.49 buy point. But its handle is flawed. Proper handles tend to correct 8% to 12% in most cases. Synchronoss’ handle corrected 20%.
20 February, 2015 by The TZ Newswire Staff Comments Off on Three Top Stocks Break Out As Market Stages Reversal
Three Top Stocks Break Out As Market Stages Reversal
Stocks rallied to new highs Friday as the market staged a bullish upside reversal. These three top names cleared buy points as they staged breakouts. Nordstrom (JWN) soared 4.60, or 6%, to a record-best 81.74, clearing an 80.64 flat-base buy point in fast turnover. The stock is 1% above the entry.
20 February, 2015 by The TZ Newswire Staff Comments Off on Great Stocks Often Have Smooth, Symmetrical Bases
Great Stocks Often Have Smooth, Symmetrical Bases
It’s not enough for a stock to have strong sales and profit growth. It should have a nice-looking chart. Charts help investors identify the proper buy point for stocks that meet IBD’s strict fundamental criteria. IBD research has shown that the best stocks of the past 100 years have broken out of correctly shaped bases. No matter what the base pattern, it should show tight trading with mild volume.
20 February, 2015 by The TZ Newswire Staff Comments Off on How Did REIT Stock Redwood Trust Double Its Profit?
How Did REIT Stock Redwood Trust Double Its Profit?
Redwood Trust (RWT) doubled its third-quarter earnings — an unusual feat for a real estate investment trust. Redwood reported Q3 earnings of 50 cents a share, up from 25 cents a year ago. Revenue growth also was impressive, up 47%. The company — which primarily invests in mortgages and other real estate assets — said its residential mortgage-banking business was the main reason for the robust Q3.
20 February, 2015 by The TZ Newswire Staff Comments Off on BJ’s And Fiesta: A Tale Of Two Restaurant Stocks
BJ’s And Fiesta: A Tale Of Two Restaurant Stocks
Two highly ranked restaurant stocks made the Stock Spotlight screen this week after reporting earnings. The quarterly reports were good news for one and no so good for the other. BJ’s Restaurants (BJRI) reported earnings that were 417% above the year-ago figure. In the prior quarter, EPS rose 77% after seven straight quarters of earnings decline.
20 February, 2015 by The TZ Newswire Staff Comments Off on Industry Themes: 4 Fabless Chip Names To Watch
Industry Themes: 4 Fabless Chip Names To Watch
The chip business may be cyclical, but times sure are good now. According to the Semiconductor Industry Association, the global chip industry delivered record sales of $335.8 billion in 2014, up 9.9% from 2013. In December alone, global sales totaled $29.1 billion, marking the strongest December on record. Headed into Friday, IBD’s Electronics-Semiconductor Fabless group was perched high in IBD’s 197 Group Rankings at No. 18.
20 February, 2015 by The TZ Newswire Staff Comments Off on Canada to levy fee on shippers of crude by rail
Canada to levy fee on shippers of crude by rail
Canada plans on compensation fund to cover potential costs of oil-train derailments.
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