9 July, 2015 by The TZ Newswire Staff Comments Off on Chinese ‘Dead Cat Bounce’ Fades, "Hostile Sellers" Appear As Goldman Warns "Not Yet Fully Purged"
Chinese ‘Dead Cat Bounce’ Fades, "Hostile Sellers" Appear As Goldman Warns "Not Yet Fully Purged"
- *CHINA’S SHANGHAI COMPOSITE INDEX FALLS 0.6% TO 3,687.36 AT OPEN
- *FTSE CHINA A50 INDEX FALLS 2%
Amid the highest level Typhoon warnings, China’s stock market continues to storm as only 49% of Chinese stocks are halted (down from 54%) as local analysts fear yesterday’s bounce (just like last week’s) was nothing but a dead cat bounce: “bounces like today prolong the timeframe to get that final bottom in place.” For the 14th day in a row margin balances declined with the pace acce
9 July, 2015 by The TZ Newswire Staff Comments Off on Mobius: The worst is over in China, I’m hunting value
Mobius: The worst is over in China, I’m hunting value
The violent pullback in China stocks has nearly run its course, according to EM guru Mark Mobius, who is on the lookout for value in the market.
9 July, 2015 by The TZ Newswire Staff Comments Off on Very Bearish Action, Indexes Close On Lows
Very Bearish Action, Indexes Close On Lows
The chart above is about as bearish as it gets. An entire move wiped out during the course of a trading day. The indexes also closed at or near their lows. The S&P closed just below its 200 day moving average.
Sorry, but I have to watch the action and it doesn’t look positive.
9 July, 2015 by The TZ Newswire Staff Comments Off on Euro perkier on signs of Greek progress, yen sags
Euro perkier on signs of Greek progress, yen sags
The euro firmed early on Friday, while the yen slipped on signs that Greece was making some progress in its efforts to secure fresh funding.
9 July, 2015 by The TZ Newswire Staff Comments Off on Baltimore Mayor Who Cracked Down On Excessive Force Fires Police Chief For Being Too Soft On Crime
Baltimore Mayor Who Cracked Down On Excessive Force Fires Police Chief For Being Too Soft On Crime
Two competing theories have emerged as to what effect the deaths of Michael Brown, Eric Garner, Walter Scott, and Freddie Gray have had on policing in America.
9 July, 2015 by The TZ Newswire Staff Comments Off on Making the Trend Your Friend
Making the Trend Your Friend
The Wyckoff Method is primarily a trend following system. The orientation and goal is to discover and campaign the best leadership stocks for the biggest and best price moves. The jumping of the stock price out of the Accumulation and into an uptrend is an important event. Mr. Wyckoff developed a very thorough and thoughtful approach to identifying and managing uptrends and downtrends using charting tools.
9 July, 2015 by The TZ Newswire Staff Comments Off on Disney Has Big Plans for Its Gutted Theme Park
Disney Has Big Plans for Its Gutted Theme Park
Disney’s Hollywood Studios is waiting for an important announcement about its next act as a theme park.