13 March, 2015 by The TZ Newswire Staff Comments Off on Stock Indexes Start Off Ugly, Then Trim Much Of Loss
Stock Indexes Start Off Ugly, Then Trim Much Of Loss
Stocks took a pounding Friday until a final-hour rally reduced the damage. The Nasdaq lost 0.4% after being down 1% earlier, while the S&P 500 turned a 1.2% dent into a 0.6% ding. The IBD 50 fell 0.2%. Volume rose narrowly on both major exchanges. The day’s action constituted distribution and brought the count up to an uncomfortable level. Distribution involves a significant loss in rising volume in a major index.
13 March, 2015 by The TZ Newswire Staff Comments Off on 4 trades on the oil selloff, Brazil turmoil
4 trades on the oil selloff, Brazil turmoil
Crude oil is plummeting, but some names are worth picking up on the weakness, “Fast Money” traders said.
13 March, 2015 by The TZ Newswire Staff Comments Off on ObamaCare Trends Could Boost New IPO Stock HealthEquity
ObamaCare Trends Could Boost New IPO Stock HealthEquity
New medical stock HealthEquity (HQY) “is at the center of a megatrend in health care,” according to Leerink Partners. That megatrend is the shifting of health insurance costs from employers to employees in response to new ObamaCare regulations. That could boost growth for HealthEquity, since it’s a leading provider of consumer-directed health plans, more commonly known as health savings accounts, or HSAs.
13 March, 2015 by The TZ Newswire Staff Comments Off on Under Armour Pushing Tech By Buying Fitness Apps
Under Armour Pushing Tech By Buying Fitness Apps
It may be an athletic apparel maker, but Under Armour (UA) is increasingly becoming a technology company. Under Armour is buying Endomondo and MyFitnessPal, a pair of apps that help users track calories and fitness goals. The two acquisitions exemplify UA’s push into fitness-tracking technology. “With the announced acquisitions of MyFitnessPal and Endomondo . ..
13 March, 2015 by The TZ Newswire Staff Comments Off on Nikkei Shreds 19,000 Mark; Japan Economy Still Frail
Nikkei Shreds 19,000 Mark; Japan Economy Still Frail
The Tokyo Stock Exchange’s Nikkei 225 Index on Friday punched through the 19,000 mark for the first time in 15 years. The 1.4% gain put the index ahead 10.4% so far this year, and up 32.4% from mid-October, when Prime Minister Shinzo Abe began pushing the country’s massive Government Pension Investment Fund to raise its allocations for domestic stocks. The yen has meanwhile been in a steep dive vs.
13 March, 2015 by The TZ Newswire Staff Comments Off on IBD 50 Stocks O’Reilly, Mylan Hover Near Buy Points
IBD 50 Stocks O’Reilly, Mylan Hover Near Buy Points
Despite a shaky market, several IBD 50 stocks are near buy points or still within buy range after breaking out. O’Reilly Automotive (ORLY) is forming a flat base with a potential 215.25 buy point. It’s part of a base-on-base formation. The company operates more than 4,200 auto parts stores. Growth has been extremely steady.
13 March, 2015 by The TZ Newswire Staff Comments Off on Tax Deadlines For Retirees: Here They Come
Tax Deadlines For Retirees: Here They Come
Some things never change. You may be retired. You still have to deal with tax deadlines. And you may be working in retirement. Either way, several deadlines are approaching that retirees must pay attention to. Required minimum distribution. April 1 is the deadline for taking your first annual required minimum distribution (RMD) — which some financial outfits call minimum required distributions (MRD) — from your 401(k)s and traditional IRAs.