20 March, 2015 by The TZ Newswire Staff Comments Off on Why Shares of Youku Tudou Inc Fell on Friday
Why Shares of Youku Tudou Inc Fell on Friday
Youku Tudou announces a greater-than-expected loss; the outlook for future profits looks very hazy
20 March, 2015 by The TZ Newswire Staff Comments Off on Accenture Stock Near Record Highs Ahead Of Earnings
Accenture Stock Near Record Highs Ahead Of Earnings
Global consulting firm Accenture (ACN) is holding just below a recent buy point ahead of its fiscal Q2 earnings report next week. The stock broke out past a 91.54 buy point from a shallow cup-with-handle pattern on March 5. Volume, though, was only 26% above average. Shares hit a new all-time high that day, but were not able to follow through. The stock fell as much as 6% below the buy point, nearly triggering a sell signal.
20 March, 2015 by The TZ Newswire Staff Comments Off on Biogen, Five Other Top Stocks Show No Sign Of Slowing
Biogen, Five Other Top Stocks Show No Sign Of Slowing
Biogen Idec (BIIB) led a handful of Spotlight stocks to new highs Friday as the market rallied. Biogen blasted about 10% in huge volume after the company reported better-than-expected results for its much-anticipated treatment for Alzheimer’s disease. Like just about all of the 16 Spotlight stocks, Biogen has risen well out of buying range.
20 March, 2015 by The TZ Newswire Staff Comments Off on King Russell 2000 Earns a New Crown As Stocks Soar
King Russell 2000 Earns a New Crown As Stocks Soar
Today’s financial recap and tomorrow’s financial outlook.
20 March, 2015 by The TZ Newswire Staff Comments Off on Quad-Witching Thriller: Oil, S&P, Nasdaq Soar As Bond Yields, Dollar Tumble On Economic Gloom
Quad-Witching Thriller: Oil, S&P, Nasdaq Soar As Bond Yields, Dollar Tumble On Economic Gloom
The only asset class that made any sense in today’s quad-witching was the 10 Year, whose yield did precisely what it should do in a world in which the Fed slashed the economic outlook 2 days ago: it tumbled.
