6 August, 2015 by The TZ Newswire Staff Comments Off on Dollar steadies, US jobs data eyed to set further
Dollar steadies, US jobs data eyed to set further
The dollar steadied after stepping back ahead of US jobs data that could strengthen the case for the Fed to raise interest rates next month.
6 August, 2015 by The TZ Newswire Staff Comments Off on "Teflon Don" Holds Court – GOP Debates Begin
"Teflon Don" Holds Court – GOP Debates Begin
6 August, 2015 by The TZ Newswire Staff Comments Off on Elliott Wave Update ~ 6 August 2015
Elliott Wave Update ~ 6 August 2015
The Wilshire chart is slowly working toward 3 major supports: horizontal support, lower Primary channel line support, lower wedge trendline support. If they cannot hold, I would expect a good bit of market downside.
6 August, 2015 by The TZ Newswire Staff Comments Off on Neutral! SELL! DecisionPoint Scoreboard Flip-Flops
Neutral! SELL! DecisionPoint Scoreboard Flip-Flops
This week the $SPX has been flip-flopping more than a sleazy politician. The Short-Term Trend Model (STTM) went from a BUY on Monday to Neutral on Tuesday to a BUY on Wednesday and today to a SELL signal. Ugh. There was a difference today.
6 August, 2015 by The TZ Newswire Staff Comments Off on One Third Of All Chinese ‘Gamblers’ Have Shut Their Equity Trading Accounts
One Third Of All Chinese ‘Gamblers’ Have Shut Their Equity Trading Accounts
It turns out making money trading stocks is not “easier than farmwork” and, as China Daily reports, a stunning 24 million Chinese ‘investors’ have shuttered their trading accounts since the end of June. Unlike in the U.S., where institutions dominate stock trading, retail investors are king in China, owning around 80% of listed stocks’ tradable shares, according to investment bank CICC.
6 August, 2015 by The TZ Newswire Staff Comments Off on China stocks … no … wait … Aussie stocks getting trashed
China stocks … no … wait … Aussie stocks getting trashed
Australian stocks are getting sold heavily early into the trading session here
A catalyst was the banking sector yesterday, which sold off on the ANZ capital raising. ANZ is lower again today. As is the ASX/S&P200:
6 August, 2015 by The TZ Newswire Staff Comments Off on EUR/USD technical analysis chart from JP Morgan – price action is "still fairly random"
EUR/USD technical analysis chart from JP Morgan – price action is "still fairly random"
Technical analysis of the EUR/USD from JP Morgan.
The overall price action is still fairly random and even the latest rally in the USD is not dissolving remaining doubts completely whether this is not just an overshooting countertrend rally, says JP Morgan.