16 July, 2015 by The TZ Newswire Staff Comments Off on "Safest Market In The World" China Opens Mixed As Margin Debt Drops To 4-Month Lows
"Safest Market In The World" China Opens Mixed As Margin Debt Drops To 4-Month Lows
After a brief “don’t fight the PBOC” three days of releveraging, China margin debt declined once again to 4-month lows. An opening pop – as is now ubiquitous has faded in FTSE China A50 futures but CSI-300 futures (which expire today and are this subject to some ‘odd’ behavior) are holding modest gains, despite a quarter of Chinese stocks remain halted.
16 July, 2015 by The TZ Newswire Staff Comments Off on Tech Is Tight
Tech Is Tight
The Nasdaq notched a record high Thursday, buoyed by a rally in technology shares following a batch of upbeat earnings reports. As I said, the bar is very low for earnings so they are easy to beat. The market knows this and just bids things up anyway.
Shares of NFLX soared 18% today and GOOG blew it higher by 12% in the aftermarket, so expect a good day from the Nazzy tomorrow.
16 July, 2015 by The TZ Newswire Staff Comments Off on Law Firm Stops Hiring Ivy League Grads, Demands "Gritty Street Lawyers"
Law Firm Stops Hiring Ivy League Grads, Demands "Gritty Street Lawyers"
Having taken on hundreds of thousands of dollars worth of loans to achieve the ultimate goal of becoming an Ivy League law graduate, it appears, in at least one case, that your abilities are not required. As WSJ reports, Adam Leitman Bailey, a Manhattan attorney who runs a real estate firm, says he looks to hire law school graduates who have grit, ambition and a resolve to succeed in the legal profession.
16 July, 2015 by The TZ Newswire Staff Comments Off on The World Explained (In 1 Cartoon)
The World Explained (In 1 Cartoon)
16 July, 2015 by The TZ Newswire Staff Comments Off on How Likely Is Hyperinflation In The U.S?
How Likely Is Hyperinflation In The U.S?
16 July, 2015 by The TZ Newswire Staff Comments Off on Manager Of Hot New Biotech ETFs Explains The Strategy
Manager Of Hot New Biotech ETFs Explains The Strategy
Biotechnology exchange traded funds can hold a hodgepodge of businesses with approved drugs and those focused on clinical trials. So ETF sponsor BioShares puts these companies into two distinct funds. Biotechnology Clinical Trials (BBC) and Biotechnology Products (BBP) launched in December 2014. The ETFs started with a little over $5 million combined. They now together hold roughly $58 million.
16 July, 2015 by The TZ Newswire Staff Comments Off on Groupon buys OrderUp food-delivery service
Groupon buys OrderUp food-delivery service
Groupon Inc.