22 September, 2015 by The TZ Newswire Staff Comments Off on Sellers Descend On France, Germany In Sell-Off
Sellers Descend On France, Germany In Sell-Off
Leading stock indexes in Europe ran up losses at better than twice the rate of their U.S. peers on Tuesday. London’s FTSE 100 fell 2.8%, vs. the Dow’s 1.1% decline. The CAC-40 in Paris dropped 3.4%, compared with a 1.2% slip for the S&P 500. Frankfurt’s DAX tumbled 3.8%, vs. a 1.5% fall for the Nasdaq. The U.S. vs. non-U.S. sentiment also held up in foreign stocks trading on U.S. markets. Asian-based stocks generally fared best.
22 September, 2015 by The TZ Newswire Staff Comments Off on Hank Paulson: China economy has ‘run out of steam’
Hank Paulson: China economy has ‘run out of steam’
Former Treasury Secretary Hank Paulson said China and the U.S. need to collaborate on spurring growth and slowing cyberthreats.
22 September, 2015 by The TZ Newswire Staff Comments Off on Why this might not be the best stock strategy
Why this might not be the best stock strategy
“Buy the dip” may not be the best stock market strategy just now, some analysts say.
22 September, 2015 by The TZ Newswire Staff Comments Off on Platinum Futures Slump Hardest Since June 2013
Platinum Futures Slump Hardest Since June 2013
Platinum is bearing the brunt of China woes. The metal tumbled to a six-year low and posted the biggest drop in two years after the Asian Development Bank reduced its growth forecasts for China and said the country’s declining appetite for energy, metals and other raw materials would hurt commodity-focused export economies. The Bloomberg Commodity Index slipped 1.3%, with 20 of 22 components in the gauge declining.
22 September, 2015 by The TZ Newswire Staff Comments Off on NXP: Among A Top Mutual Fund’s Summer Bargain Buys
NXP: Among A Top Mutual Fund’s Summer Bargain Buys
Managers of $9.3 billion Artisan Mid Cap Fund emphasize that they are long-term managers. They refuse to dance in step with every short-term market do-si-do. But they don’t want to let a good thing pass them by either. In August’s broad market sell-off, they added to stocks they liked as valuations became too sweet to ignore. The fund added to NXP Semiconductors (NXPI), in which it had opened its position in the fourth quarter.
22 September, 2015 by The TZ Newswire Staff Comments Off on Elliott Wave Update ~ 22 September 2015
Elliott Wave Update ~ 22 September 2015
We mentioned near term support at around 1937 SPX. That was punctured a bit today. The day revolved around this support area and even though prices finished higher, we got all the way down to 1929 SPX. If this fails, expect 1903 to be tested.
Best counts is that the market is working its way down to a lower low under 1867 either in Minute [v] of Minor 1 or Minor 3 itself. The wave structure since the August low has been overlapping and choppy which indicates its likely a corrective wave to a larger downtrend.
22 September, 2015 by The TZ Newswire Staff Comments Off on BHP says it has seen continued growth in the global economy
BHP says it has seen continued growth in the global economy
That’s a headline from Bloomberg, no further details at this stage
If there is more to come I’ll post it up