20 August, 2015 by The TZ Newswire Staff Comments Off on Stocks Smacked Lower Again; Growth Stocks Hit; Disney Craters
Stocks Smacked Lower Again; Growth Stocks Hit; Disney Craters
Major averages were down sharply in late-afternoon trading Thursday as global growth concerns weighed. The Nasdaq slumped 2.1% while the Dow Jones industrial average and S&P 500 fell 1.5%. NYSE and Nasdaq volume was tracking sharply higher than Wednesday’s levels. The Nasdaq is barely holding above its 200-day moving average, a longer-term support level.
20 August, 2015 by The TZ Newswire Staff Comments Off on Lumber Liquidators, Arch Coal shares soar, bucking the broad market selloff
Lumber Liquidators, Arch Coal shares soar, bucking the broad market selloff
Shares of Lumber Liquidators and Arch Coal soar on heavy volume, providing investors with a couple of bright spots in a broad market selloff.
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20 August, 2015 by The TZ Newswire Staff Comments Off on Games Of Chance And Chicken In Greece
Games Of Chance And Chicken In Greece
Somewhere, a bald man in a loud shirt is revving his motorcycle in a statement of protest…and respect.
20 August, 2015 by The TZ Newswire Staff Comments Off on 5 Things SandRidge Energy Inc.’s CEO Wants You to Know
5 Things SandRidge Energy Inc.’s CEO Wants You to Know
CEO James Bennett addressed the company’s issues head-on during its second-quarter conference call.
20 August, 2015 by The TZ Newswire Staff Comments Off on Technical analysis: Nasdaq composite index fall below its 200 day MA at 4912
Technical analysis: Nasdaq composite index fall below its 200 day MA at 4912
First dip below 200 day MA since October 2014
The Nasdaq composite index is the next index to breach the 200 day MA. The S&P went earlier and seems a synch to close below the key MA (barring a miracle comeback). The index is currently at 4897.
20 August, 2015 by The TZ Newswire Staff Comments Off on Talk of USD/JPY bids at 123.00
Talk of USD/JPY bids at 123.00
Chatter about heavy bids below in USD/JPY
There are rumors that Japanese non-manufacturers have heavy bids near 123.00. That might help explain while USD/JPY downside has been relatively well contained despite the rout in stock markets (S&P 500 -36 points now) and drop in Treasury yields (US 10s -6 bps).
20 August, 2015 by The TZ Newswire Staff Comments Off on Will Apple’s Rumored iPad Pro Reverse Its iPad Struggles?
Will Apple’s Rumored iPad Pro Reverse Its iPad Struggles?
Will Apple’s new iPad Pro have this new, differentiating feature that current iPads don’t have?