4 March, 2015 by The TZ Newswire Staff Comments Off on ECB Will Cut Rates To Minus 3%: JP Morgan
ECB Will Cut Rates To Minus 3%: JP Morgan
A running theme here over the past several weeks has been that the ECB’s €1.1 trillion foray into quantitative easing will be severely hindered by a laundry list of constraints (some of which were unwittingly self-imposed).
4 March, 2015 by The TZ Newswire Staff Comments Off on Markets Stumble After China Slashes Growth Target For 2015, Warns "Downward Pressure Growing"
Markets Stumble After China Slashes Growth Target For 2015, Warns "Downward Pressure Growing"
You wouldn’t know it if you looked at the price of oil, but arguably the world’s largest economy just unloaded a kitchen sink of fears, warnings, and downgrades on its economy; the most notable being:
4 March, 2015 by The TZ Newswire Staff Comments Off on Good Biotech Action- 3 New Setups Tonight
Good Biotech Action- 3 New Setups Tonight
The SPX lost about nine points today, tested the 20 day moving average but then bounced to close above it. Essentially the markets in general bottomed about 10:30 then managed a slow move off the lows.
Three was some very good action in biotech today even though the IBB itself was only +0.65%, Stocks like CLDX, ICPT, PCYC and NLNK had stellar moves. After the close it was disclosed that JNJ is in late stage talks to buy PCYC. The later jumped $20 in aftermarket trading.
4 March, 2015 by The TZ Newswire Staff Comments Off on US Ambassador To Cyprus Withdrawn After Diplomatic Blunder Involving Nemtsov Murder
US Ambassador To Cyprus Withdrawn After Diplomatic Blunder Involving Nemtsov Murder
US Ambassador to Cyprus, John Koenig, was forced to issue a clarifying statement on Monday, after a series of tweets on Sunday, about President Anastasiades’ recent Russia visit, sparked a hostile reaction from Anastasiades, the Archbishop, the political parties and journalists.
4 March, 2015 by The TZ Newswire Staff Comments Off on Mark Cuban Warns: This Bubble Is Far Worse Than The Tech Bubble Of 2000
Mark Cuban Warns: This Bubble Is Far Worse Than The Tech Bubble Of 2000
Just over a year ago, we warned that while the world of speculative capital is focused intently on the Twitter and Facebook #Ref/0 fundamental valuations in the publicly-traded equity markets, the real dot-com 2.0 bubble is occurring in the private markets.
4 March, 2015 by The TZ Newswire Staff Comments Off on Wall Street slides for second-straight day as traders snag profits
Wall Street slides for second-straight day as traders snag profits
Wall Street slumped for the second day in a row as traders locked-in profits from a solid run last month, and took a cautious stance ahead of the monthly jobs report due Friday.
4 March, 2015 by The TZ Newswire Staff Comments Off on China lowers 2015 growth target to about 7%
China lowers 2015 growth target to about 7%
China lowered its 2015 economic growth target to around 7% as authorities attempt to set the world’s second-largest economy on a more sustainable expansion path.