26 June, 2015 by The TZ Newswire Staff Comments Off on Best ETFs Friday: Traders Bearish On China Get Rich
Best ETFs Friday: Traders Bearish On China Get Rich
Bearish on China? ETF traders taking that stance knocked out big profits Friday as Chinese stocks plunged. The Shanghai composite index gave up nearly 7% Friday to be 19% off its June 12 peak and dangerously close to bear market territory. Direxion Daily CSI 300 China Bear 1X (CHAD) soared 8%, making it a top performer in intraday trade. Steel your nerves.
26 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Sirius settles oldies-music suits for $210 Million
The Wall Street Journal: Sirius settles oldies-music suits for $210 Million
Sirius XM Holdings to pay $210 million to settle a chase with major record labels over oldies music it has aired.
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26 June, 2015 by The TZ Newswire Staff Comments Off on Outside the Box: Greece: Can the Gordian knot be severed?
Outside the Box: Greece: Can the Gordian knot be severed?
Can Europe find a way to cut through the Gordian knot that is Greece?
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26 June, 2015 by The TZ Newswire Staff Comments Off on Even The Banks Admit: "The Wacky Has Become The Norm"
Even The Banks Admit: "The Wacky Has Become The Norm"
Ever feel like since the Federal Reserve et al took over the stock “market” trading has no longer made any sense? You are not alone. Here is BofA’s Michael Hartnett explaining why thanks to $22 trillion in central bank artificial support for stocks, “the wacky has become the norm.”
The Cuckoo’s Nest
Investors have experienced many mood swings, some institutionalized irrationality, as well as treacherous trading conditions in the first six months of 2015. The wacky has become the norm. To wit:
26 June, 2015 by The TZ Newswire Staff Comments Off on The Ratings Game: FireEye’s stock hit by analyst downgrade
The Ratings Game: FireEye’s stock hit by analyst downgrade
FireEye Inc.’s stock drops sharply after Barclays downgraded the cybersecurity company on concerns over valuation.
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26 June, 2015 by The TZ Newswire Staff Comments Off on Stocks Mixed In Early Afternoon; Tenet Leads Health Care Stocks Rally
Stocks Mixed In Early Afternoon; Tenet Leads Health Care Stocks Rally
The major stock indexes pared early gains and remained mixed early Friday afternoon amid uncertainty about whether Greece and its creditors would agree to end their debt standoff. The Dow industrial average was up 0.2%, while the S&P 500 slipped 0.2% and the Nasdaq dropped 0.8%. Volume in the stock market today was running 20% higher on the Nasdaq and about 2% lower on the NYSE compared to Thursday.
26 June, 2015 by The TZ Newswire Staff Comments Off on Collapse, Part 5: Things Fall Apart
Collapse, Part 5: Things Fall Apart
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
It is impossible to wean an economy that relies on debt and leverage for its “growth” of excessive debt and leverage.