1 July, 2015 by The TZ Newswire Staff Comments Off on ADP Rises To Highest Since 2014 Despite Challenger Job Cuts’ Surge To Highest Since 2010
ADP Rises To Highest Since 2014 Despite Challenger Job Cuts’ Surge To Highest Since 2010
As the shortened week continues ahead of tomorrow’s payrolls print, and amid chaotic Greek headline-hockey, ADP and Challenger jobs data gives us a glimpse of what volatility lies ahead. After jumping a little last month, but remaining in weak territory, ADP printed 237k for June (beating expectations of +217.5k) in line with estimates for nonfarm payrolls. This is the best print since Dec 2014 but is dominated by small businesses with large companies lagging. Job gains were dominated by Services (+225k) with goods-producing fiorms gaining a mere 12k jobs.
1 July, 2015 by The TZ Newswire Staff Comments Off on Should Intel Corporation Investors Worry About Weak Earnings at Micron?
Should Intel Corporation Investors Worry About Weak Earnings at Micron?
Earnings and outlook shortfalls at Micron Technology have Intel investors worried. Are these concerns well-founded?
1 July, 2015 by The TZ Newswire Staff Comments Off on Fundamentals PLUS Technicals EQUALS Trading Success
Fundamentals PLUS Technicals EQUALS Trading Success
The Strategy
1 July, 2015 by The TZ Newswire Staff Comments Off on What we need to move markets to new highs
What we need to move markets to new highs
In order to kick start a second half rally, sales and capital spending need to pick up.
1 July, 2015 by The TZ Newswire Staff Comments Off on US franchise job gains bounce back: ADP
US franchise job gains bounce back: ADP
U.S. franchise job gains bounced back in June from a 14-month low in May, ADP said Wednesday.
1 July, 2015 by The TZ Newswire Staff Comments Off on Long lines at Greek banks as new rescue proposal weighed
Long lines at Greek banks as new rescue proposal weighed
Crowds of anxious elderly Greeks thronged banks for hours from before dawn Wednesday, struggling to be allowed to withdraw their maximum of 120 euros ($134) for the week, after Greece reopened some banks …
1 July, 2015 by The TZ Newswire Staff Comments Off on The euro is only headed down: Goldman
The euro is only headed down: Goldman
Amid Greece’s Sisyphean drama, the euro has been like a brick — you can throw it, just not very far. But that’s only temporary, Goldman Sachs says, sticking with its call for near-parity with the dollar.