The Traderszone Network

Nothing too exciting for the market today except that it maintained above support and didn’t get close to overhead resistance. I’ll discuss the Gold Short-Term Trend Model SELL signal on my section on Gold. The Technology ETF (XLK) came up on my technical alert for Short-Term Trend Model (STTM) BUY signal. You can see on the chart of XLK below that like the SPY, there is a double-bottom…

Boeing named Dennis Muilenberg to be the aerospace giant’s CEO as James McNerney retires.

With the long-anticipated move, the soaring stock will start trading at its post-split price next month.

Sysco Corp’s $3.5 billion merger with US Foods should be stopped for further review, a federal judge ruled on Tuesday, handing a major victory to the U.S. government in its effort to block the controversial merger. The judge’s decision could ultimately kill the deal between the two largest U.S. food distributors since the further review requested by the Federal Trade Commission is a lengthy process, and deals generally cannot be held together during a full trial. It was not immediately clear if Sysco would appeal.

Stephen Ross is teaming up with Qatar in a deal for multi-billions which could bring Formula One into U.S. markets.

When last we checked in on China’s man-made island outposts in the South China Sea we got a glimpse of what life is like in the Spratlys. Here’s a visual that encapsulates how the politburo is attempting to spin Beijing’s land reclamation project:

read more

It’s a stock picker’s market in small caps, portfolio manager Chris Retzler said. Here are his top picks.