The Traderszone Network

The U.S. Justice Department said on Wednesday that Schlumberger admitted violating U.S. sanctions related to Iran and Sudan.

Drug stocks took hard hits Wednesday and Jazz Pharmaceuticals (JAZZ) was no exception. A sharp drop put shares back below a 177.11 buy point and in a test of its 50-day moving average. Investors who bought at the higher 183.94 entry faced a sell signal as the stock slipped as much as 7% below the entry. The stock, in Wednesday’s list, has now largely given up gains from a seven-session run-up that started March 12.

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The world is watching to see whether China can constructively slow its growth to sustainable levels, and at the same time shift to an internal, consumer-driven economy from one driven by foreign demand for exports. Whatever the outcome, within the engineering required to cultivate that vast change, there will be many winners and losers.

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At the poker table, going “all in” is a risky move. The same holds true in the stock market. On the surface, the processing of buying a stock might seem simple. You have, say, $10,000 to invest. You could buy enough shares to absorb that entire amount in a single purchase and hope for the best. But there’s a lot more to it than that.

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Obviously ‘don’t blow up in a spectacular fashion’ is one of the unspoken ones.

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Just how bad have conditions gotten in Macau? The answer might surprise you.

Houthi forces closed in on Yemen’s president’s home as reports surfaced that he may have fled, the NYT reports.