The Traderszone Network

Like Steve Jobs, Jack Dorsey will helm 2 companies while trying to salvage one of them, Recode reports.

A new survey suggests Uber may be impacting customer decisions on whether or not to purchase a new car.

We already noted that it has been a bad 24 hours for US foreign policy, when hours after the US blamed Russia of targeting civilians, it was the US itself which bombed a hospital in Afghanistan, killing 9 Doctors without Borders staffers, 3 children and other innocent bystanders.

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In evaluating whether a positive (or negative) divergence exists on a chart, you must remember to use closing prices.  If you use candlesticks like I do, it’s not always easy to spot divergences.  I’ll give you an example – Baidu (BIDU).  On the chart below, the top portion is a candlestick chart and the bottom portion is a line chart.  Evaluating divergences is one of the few times a line chart is preferred.  Take a look:

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With shares down 20% from recent highs, the video streaming leader could be an attractive takeout target for these three tech giants.

If you’re a mega corporation, one of the most annoying things about employees is that they expect to be paid for their work and as if that’s not enough, they also tend to draw a parallel between the performance of the company and what their labor is worth. 

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These retailers were once at the top of their respective niches, but now they dwell in the basement and seemingly await the call of the undertaker.