18 March, 2015 by The TZ Newswire Staff Comments Off on Russia Stocks Rally Despite High Rates, Slow Economy
Russia Stocks Rally Despite High Rates, Slow Economy
Rising interest rates, slowing growth and geopolitical tension aren’t exactly a recipe for stock market gains, but don’t tell that to Russia. In keeping with the tenet that markets can rally when headlines are the most dire, Russian stocks have been on a tear since the start of the year. The Market Vectors Russia ETF (RSX) is up 16.5% after a dismal 2014 that saw the fund lose nearly 50% of its value.
18 March, 2015 by The TZ Newswire Staff Comments Off on Hot Industries: Shoemakers Stepping Up Profits
Hot Industries: Shoemakers Stepping Up Profits
A few shoemakers are stepping out in style, either hitting new highs or forming bases that could be the launching pad for an advance. The industry group ranks No. 80 out of 197 groups. The leader of the pack is Skechers (SKX), which is closing in on a new high. The stock cleared a 63.08 cup-with-handle entry Feb. 12 after reporting better-than-expected earnings that were 71% above the year-ago figure.
18 March, 2015 by The TZ Newswire Staff Comments Off on Three Chip Stocks With Very Different Chart Situations
Three Chip Stocks With Very Different Chart Situations
Chip stocks had a hot start to the year, then cooled a bit. The Philadelphia Semiconductor Index rocketed to a 6.9% year-to-date gain Feb. 2, but has since eased to a 3.2% advance. On Feb. 2, it was running well ahead of the Nasdaq. By Wednesday, it had fallen behind. But within that picture a number of leading chip stocks continue to hammer out healthy advances.
18 March, 2015 by The TZ Newswire Staff Comments Off on Copper Tumbles As Home Prices Weaken In China
Copper Tumbles As Home Prices Weaken In China
Copper posted the biggest drop in seven weeks as signs of falling property values added to concerns that a slowing economy will crimp demand in China, the world’s biggest metals user. New-home prices in China fell in 66 out of the 70 cities tracked by the government last month, compared with 64 cities in January, the National Bureau of Statistics said Wednesday.
18 March, 2015 by The TZ Newswire Staff Comments Off on JD.com So Far Better Stock Than Alibaba
JD.com So Far Better Stock Than Alibaba
JD.com (JD) and Alibaba (BABA) are both Chinese online retailers that have gone public in the last year, but JD.com has turned out to be the better stock. Shares of JD.com are trying to break out from a cup-with-handle base with a 28.59 buy point. Investors haven’t had much chance to make a profit on JD.com because its breakout has faltered and a previous breakout in August failed.
18 March, 2015 by The TZ Newswire Staff Comments Off on How To Invest: Don’t Fear ‘Fished Out’ Waters
How To Invest: Don’t Fear ‘Fished Out’ Waters
Catching a winning stock that’s already broken out once is sort of like catching a lunker fish in a “fished out” lake. If you think the lake is fished out, you won’t even try. Bass fishing legend and former Sports Afield columnist Jason Lucas used to say, “Fished out lakes aren’t.” He’d prove it by going to a “fished out lake” near New York City and coming back with his legal limit of fish, stunning the skeptics.
18 March, 2015 by The TZ Newswire Staff Comments Off on John Stumpf Can Wipe Away Tears: Re Low Bids For Lunch Auction With $20 Million
John Stumpf Can Wipe Away Tears: Re Low Bids For Lunch Auction With $20 Million
The Wells Fargo CEO’s pay remained unchanged but it was unchanged at a pretty nice number.