6 July, 2015 by The TZ Newswire Staff Comments Off on Late Rally Comes Up Short; Heritage Insurance Hits New High
Late Rally Comes Up Short; Heritage Insurance Hits New High
Stocks rallied in the last hour of trading Friday, but still finished down for the day as worries over Greece and China continued to plague the market. The Nasdaq and the Dow Jones industrial average lost 0.3%, while the S&P 500 dropped 0.4%. Volume was higher on the NYSE and Nasdaq exchanges, according to preliminary data in the stock market today were generally lower. The Shanghai Composite rose 2.4%, but other indexes fell.
6 July, 2015 by The TZ Newswire Staff Comments Off on Greece Drives Global Tensions, China Props Up the Shanghai Composite
Greece Drives Global Tensions, China Props Up the Shanghai Composite
Today’s financial recap and tomorrow’s financial outlook.
6 July, 2015 by The TZ Newswire Staff Comments Off on Why Caterpillar Stock Has Gone Nowhere So Far in 2015
Why Caterpillar Stock Has Gone Nowhere So Far in 2015
The heavy-equipment maker keeps facing tough conditions, but can Caterpillar bounce back?
6 July, 2015 by The TZ Newswire Staff Comments Off on "Greece Is Contained" Except In Crude, Copper, FX, US & EU Stocks, & Peripheral Bonds
"Greece Is Contained" Except In Crude, Copper, FX, US & EU Stocks, & Peripheral Bonds
Seemed appropos…
“Greece is contained” was the clear message desperately trying to be provided to the masses today as PPTs from all around the world lifted FX (and equities directly in some regions) in an effort to keep the dream alive… It didn’t work!
It started in China… and failed…
6 July, 2015 by The TZ Newswire Staff Comments Off on This Is What Greece’s "Triumphant Return" Looks Like Now
This Is What Greece’s "Triumphant Return" Looks Like Now
April 10th 2014 will live on as a day of infamy as hopes of Greece’s ‘recovery’ were proven ‘correct’ as it issued a 5Y bond in the public markets in what some commentators called a “triumphant return.”
As recently as last Friday that bond still traded at aroun 70c on the dollar (a 300% collapse from the issue price) but for all those who stuck to their guns and denied-denied-denied reality, today’s collapse shows that a ‘No’ vote was anything but priced in.
6 July, 2015 by The TZ Newswire Staff Comments Off on This stock could surge 10% in a month: Trader
This stock could surge 10% in a month: Trader
Technical analyst Andrew Keene explains why crude’s decline could help American Airlines surge as much as 10% by August.
6 July, 2015 by The TZ Newswire Staff Comments Off on The REAL Reason Greece Matters For Investors
The REAL Reason Greece Matters For Investors
The Greek drama continues.
The process thus far has been along the following lines:
1) Greek Prime Minister Alexis Tsipras states publicly that he is confident that a deal will be met because Greece is willing to compromise.
2) Tsipras then refuses to compromise behind closed doors with EU officials.
3) Tsipras tells the media and Greek citizenry that the EU is evil and is attempting to enslave Greece.