28 April, 2015 by The TZ Newswire Staff Comments Off on New Highs Plentiful Tuesday Despite Volatile Session
New Highs Plentiful Tuesday Despite Volatile Session
Earnings reports fueled several new highs in the stock market Tuesday. Apple’s (AAPL) stay in new-high ground was short-lived. Shares reversed lower in heavy volume, falling nearly 2%. Earnings and sales topped expectations late Monday, but big sellers were in the stock Tuesday. Apple’s price action underscores the tough time breakouts are having in the current market environment.
28 April, 2015 by The TZ Newswire Staff Comments Off on A Few Sector Leaders Sputter In Volatile Market
A Few Sector Leaders Sputter In Volatile Market
A few dents have appeared in the armor of some Sector Leaders this week. Autohome (ATHM) broke out of a flat base Monday with a 53.66 buy point, then reversed to finish slightly lower. Then, Tuesday, the stock tumbled 3.04 to close at 50.25, a 6% drop. UBS downgraded the stock from buy to neutral. Chinese stocks were generally weaker. Autohome, though volatile, has put up sterling numbers.
28 April, 2015 by The TZ Newswire Staff Comments Off on Hospital Group Showing Strength Ahead Of Q1 Earnings
Hospital Group Showing Strength Ahead Of Q1 Earnings
The hospital industry group has been quietly on the rise. In Tuesday’s IBD it ranked No. 33, up from 103 just three weeks ago. Three stocks in the group stand out for being near entry points with earnings reports due soon. Community Health Systems (CYH) is in a consolidation with a 56.54 early buy point. It’s the third highest rated stock in the group, with a 94 Composite Rating.
28 April, 2015 by The TZ Newswire Staff Comments Off on Does Apple have room to grow?
Does Apple have room to grow?
Apple still has a lot of room to grow, said Angelo Zino, senior industry analyst at S&P Capital IQ, said on Tuesday.
28 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Sen. Bernie Sanders to seek Democratic presidential nomination
The Wall Street Journal: Sen. Bernie Sanders to seek Democratic presidential nomination
Sen.
28 April, 2015 by The TZ Newswire Staff Comments Off on Crude Steady Ahead Of Data On Inventories
Crude Steady Ahead Of Data On Inventories
U.S. oil benchmark futures held steady around $57 a barrel before government data forecast to show crude inventories expanded from a record. Crude stockpiles probably topped 490 million barrels last week for the first time in more than 80 years, according to a Bloomberg survey before a government report Wednesday. Prices surged earlier after a report that Iran had seized a U.S.
28 April, 2015 by The TZ Newswire Staff Comments Off on Investors Put IDEXX Laboratories Inc. in the Doghouse
Investors Put IDEXX Laboratories Inc. in the Doghouse
A stronger dollar and slow growth of its rapid assay products make for a rough first quarter.