The Traderszone Network

1 September, 2015 by The TZ Newswire Staff Comments Off on September swoon? Stocks pummeled as global growth worries mount

September swoon? Stocks pummeled as global growth worries mount

U.S. stocks kicked off September with heavy losses on the heels of the worst month for Wall Street since 2012 amid growing concerns over the strength of the global economy.

1 September, 2015 by The TZ Newswire Staff Comments Off on Why rich political donors are wasting a lot of money

Why rich political donors are wasting a lot of money

An exclusive Yahoo Finance investigation finds billionaires aren’t buying elections–yet.

1 September, 2015 by The TZ Newswire Staff Comments Off on IMF head: Global growth likely to be weaker than expected

IMF head: Global growth likely to be weaker than expected

Global economic growth is likely to be weaker than earlier expected and will remain at moderate levels, the head of the International Monetary Fund said Tuesday. IMF Managing Director Christine Lagarde …

1 September, 2015 by The TZ Newswire Staff Comments Off on August U.S. auto sales stronger than expected on trucks

August U.S. auto sales stronger than expected on trucks

The U.S. auto industry powered ahead in August, shrugging off gyrating stock markets to stay on pace for the best annual sales since 2001. Consumers surprised industry analysts who had expected a decline …

1 September, 2015 by The TZ Newswire Staff Comments Off on Hilton dips toe in ‘sharing economy’ with Uber partnership

Hilton dips toe in ‘sharing economy’ with Uber partnership

Hilton is hailing the ride sharing service Uber to help guests reach its hotels and then explore the city where they are staying. The companies said Tuesday that Hilton guests will be able to set up automatic …

1 September, 2015 by The TZ Newswire Staff Comments Off on USDJPY consolidates between trend lines

USDJPY consolidates between trend lines

Trend  move lower in consolidation phase
The chart below shows the trend progression of the USDJPY in trading today, followed by what has been a consolidation phase at the lows.  With overlays of the key MAs like the 200 day MA, the 200 and 100 hour MAs, the downward trend progressed orderly but with a definitive bearish bias.  

1 September, 2015 by The TZ Newswire Staff Comments Off on S&P 500 falls to session low

S&P 500 falls to session low

Wedge breaks and the market breaks down
The . Textbook technical analysis.
wedge broke and the market went down