26 March, 2015 by The TZ Newswire Staff Comments Off on Cramer to analysts: Forget about SanDisk
Cramer to analysts: Forget about SanDisk
CNBC’s Jim Cramer said analysts need to stop pushing SanDisk’s stock amid its latest guidance cut.
26 March, 2015 by The TZ Newswire Staff Comments Off on One Month After Austria’s Black Swan Shocker, The ECB Quietly Asks Banks to "Detail Their Exposure"
One Month After Austria’s Black Swan Shocker, The ECB Quietly Asks Banks to "Detail Their Exposure"
Nearly a month after the Hype Alpe Adria bad bank Heta Asset Resolution “unexpectedly” imploded under a house of non-GAAP and misreported cards, and which led to only the second European creditor bail-in after Cyprus in what until then was considered the safest European nation, unleashing a herd of black swans which will result in not only the read more
26 March, 2015 by The TZ Newswire Staff Comments Off on Wall Street lower in wake of air strikes on Yemen
Wall Street lower in wake of air strikes on Yemen
U.S. stocks fell at the open on Thursday to put the S&P 500 on track for a fourth straight decline, after Saudi Arabia and its allies launched air strikes on Yemen. Oil prices spiked, with Brent crude up 2.4 percent to $57.86 and U.S. crude up 3 percent to $50.69 after warplanes from Saudi Arabia and its allies struck Shi’ite Muslim rebels fighting to oust Yemen’s president. “Obviously the situation in Yemen is being used as the excuse for this pullback, which is a continuation of yesterday,” said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. U.S.
26 March, 2015 by The TZ Newswire Staff Comments Off on Fed’s Lockhart: Need rate hike midyear or later
Fed’s Lockhart: Need rate hike midyear or later
Atlanta Fed President Dennis Lockhart also tells CNBC that first-quarter economic growth is very soft.
26 March, 2015 by The TZ Newswire Staff Comments Off on Fed’s Lockhart says economy is in solid shape for rate tightening cycle
Fed’s Lockhart says economy is in solid shape for rate tightening cycle
Atlanta Federal Reserve Bank president Dennis Lockhart said on Thursday there was little risk of a misstep that would force the Fed to lower rates once it begins raising them. The economy is in solid shape to weather the upcoming turn to tightening monetary policy Lockhart, said at an investment education conference in Detroit. “Conditions are pretty solid,” said Lockhart, who regards an initial rate hike at the June, July or September Fed meetings as a high probability. “I take the decision pretty seriously,” Lockhart said.
26 March, 2015 by The TZ Newswire Staff Comments Off on Why recent oil ‘bottom’ may hurt stocks: Gartman
Why recent oil ‘bottom’ may hurt stocks: Gartman
Oil has “probably bottomed,” but that could hurt stocks, investor Dennis Gartman tells CNBC.
26 March, 2015 by The TZ Newswire Staff Comments Off on Dow Breaks Below Key "Bullard Bounce" Trendline
Dow Breaks Below Key "Bullard Bounce" Trendline
Paging Jim Bullard…
And The World’s largest stock index is not looking good… and is now in the red since the end of QE3