14 August, 2015 by The TZ Newswire Staff Comments Off on Are Signs of Accumulation Emerging in SPY?
Are Signs of Accumulation Emerging in SPY?
The S&P 500 SPDR remains largely range-bound since March, but a pair of potentially bullish patterns emerged and signs of accumulation are appearing. First, note that SPY hit new 52-week highs in May and July, and the overall trend is still up. The ETF is trading within 2% of its July high, but also in the middle the tightest range in decades. Chartists must, therefore, look inside this range for clues on the next directional move.
14 August, 2015 by The TZ Newswire Staff Comments Off on Fresh blasts in Tianjin as China orders evacuation
Fresh blasts in Tianjin as China orders evacuation
China authorities ordered an evacuation around the site of massive explosions in Tianjin as fresh blasts and fires broke out.
14 August, 2015 by The TZ Newswire Staff Comments Off on Long-Term Study: Relative Historical Yield And High-Quality Businesses
Long-Term Study: Relative Historical Yield And High-Quality Businesses
14 August, 2015 by The TZ Newswire Staff Comments Off on What Oil Shorts Are Overlooking May Come Back To Bite Them
What Oil Shorts Are Overlooking May Come Back To Bite Them
14 August, 2015 by The TZ Newswire Staff Comments Off on Japan Post’s $11B triple IPO expected in November: sources
Japan Post’s $11B triple IPO expected in November: sources
Japan Post is set to list $11 billion worth of shares in its holding company, bank and insurance units on Nov. 4, sources said.
14 August, 2015 by The TZ Newswire Staff Comments Off on China’s Yuan Could Fall 10% or More
China’s Yuan Could Fall 10% or More
Up & Down Wall Street: History suggests that China’s currency devaluation won’t be a one-time move. More trouble ahead for multinational consumer stocks.
14 August, 2015 by The TZ Newswire Staff Comments Off on Exclusive: GE expected to win EU approval for $14 billion Alstom deal
Exclusive: GE expected to win EU approval for $14 billion Alstom deal
General Electric (GE.N) is expected to secure EU approval for its proposed 12.4-billion-euro ($13.8 billion) bid for French peer Alstom’s (ALSO.PA) power business, its largest ever deal, two people familiar with the matter said on Friday. The green light from the European Commission will come 14 years after it rejected General Electric’s (GE) attempt at a $42 billion takeover of Honeywell International (HON.N), despite clearance by U.S. authorities.