19 June, 2015 by The TZ Newswire Staff Comments Off on As Rally Fades, Investors Turn Bearish On China ETFs
As Rally Fades, Investors Turn Bearish On China ETFs
U.S. investors have never been so convinced that the rally in China’s mainland stocks is ending. Short interest in the largest exchange traded fund tracking yuan-denominated equities rose to a record 16% of shares outstanding Wednesday as bets on a price drop almost doubled from a month earlier, according to data compiled by Markit and Bloomberg.
19 June, 2015 by The TZ Newswire Staff Comments Off on Mallinckrodt Rebuilding Pattern After Sell Signal
Mallinckrodt Rebuilding Pattern After Sell Signal
Mallinckrodt (MNK) is shaping a potential base despite triggering a sell signal. The stock slid more than 8% below a 130.35 buy point from a cup-with-handle base June 16, setting off a sell signal. It initially cleared the 130.35 entry May 28 in soft turnover. The stock hardly gained any ground before rolling over. Despite that, the stock remains in a box-like pattern in mostly mild volume.
19 June, 2015 by The TZ Newswire Staff Comments Off on 4 Hot Stocks Near Buy Point After Making New Highs
4 Hot Stocks Near Buy Point After Making New Highs
A mixed bag of leading stocks hit new intraday highs Friday despite a pullback by the broader market. MarketAxess Holdings (MKTX) added 2.64, or 3%, to 91.85, breaking out past a 90.27 flat-base buy point in above-average volume. The stock has rallied 28% so far this year, well ahead of the Nasdaq’s 8% gain. The electronic bond-trading platform operator stepped up profit and sales growth the past three quarters.
19 June, 2015 by The TZ Newswire Staff Comments Off on ObamaCare Compliance Rules Pay Off For Paycom
ObamaCare Compliance Rules Pay Off For Paycom
Every company needs to manage its payroll and human resources. And the Affordable Care Act (ACA) has added new complexities to health care benefits. That means more business for 2014 IPO stock Paycom Software (PAYC), which provides cloud-based human capital management software covering everything from recruiting to retirement.
19 June, 2015 by The TZ Newswire Staff Comments Off on For investors tired of Fed noise and Greece fear, Japan beckons
For investors tired of Fed noise and Greece fear, Japan beckons
As Wall Street awaits a Fed policy shift and a Greek endgame, Jason Trennert of Strategas Research sees value in Japanese stocks and select sectors in the U.S.
19 June, 2015 by The TZ Newswire Staff Comments Off on Hedge Funds Outdoing Themselves
Hedge Funds Outdoing Themselves
19 June, 2015 by The TZ Newswire Staff Comments Off on Markets Erase Gains, Greece and Russia Buddy Up
Markets Erase Gains, Greece and Russia Buddy Up
Today’s financial recap and tomorrow’s financial outlook.