24 November, 2015 by The TZ Newswire Staff Comments Off on Economic data due from Australia today
Economic data due from Australia today
Due from Australia today, at 0030GMT, the normally closely watched ‘Construction Work Done’
Today its for Q3 2015
– expected is -2.0%, prior was +1.6%
I say ‘normally closely watched’, referring to the short-term focused traders (yeah, I’m looking in the mirror). But … prospects of any RBA move in December are basically nil, and after that it’s a wait until February. So while the data today is an indicator to next week’s GDP figure and are thus a focus, we (I) won’t be hyperventilating over them :-D.
24 November, 2015 by The TZ Newswire Staff Comments Off on No End In Sight For Commodity Carnage As Chinese Fear Fed Hike Blowback
No End In Sight For Commodity Carnage As Chinese Fear Fed Hike Blowback
Today’s 1.75% rally in copper (ripping vertical at the US open) broke a record 14-day losing-streak after COMEX futures tested towards a ‘1’ handle numerous times for the first time since March 2009 (when the S&P 500 traded around 800).
24 November, 2015 by The TZ Newswire Staff Comments Off on Cramer Remix: Bank on this epic transformation
Cramer Remix: Bank on this epic transformation
“Mad Money” host Jim Cramer is telling investors which food company’s breakout has been a long time coming.
24 November, 2015 by The TZ Newswire Staff Comments Off on Oil outlook ‘subdued’ despite rally: RBC expert
Oil outlook ‘subdued’ despite rally: RBC expert
Oil prices rallied nearly 3 percent Tuesday. But over the next year, increases are expected to be more subdued.
24 November, 2015 by The TZ Newswire Staff Comments Off on BOJ Minutes: Sees overseas economies likely to grow moderately
BOJ Minutes: Sees overseas economies likely to grow moderately
BOJ October 30 meeting minutes
– Members agreed that overseas economies are likely to grow moderately
– Members said China’s economy likely to follow stable growth path
Headlines via Reuters
24 November, 2015 by The TZ Newswire Staff Comments Off on How to trade airlines amid travel concerns
How to trade airlines amid travel concerns
Airline stocks broadly dipped Tuesday amid sustained terrorism concerns, but some “Fast Money” traders saw a buying opportunity.
24 November, 2015 by The TZ Newswire Staff Comments Off on Stocks Reverse Higher, Brush Aside Crisis Headlines
Stocks Reverse Higher, Brush Aside Crisis Headlines
The stock indexes made bullish reversals Tuesday in a message to investors that they won’t let an international crisis get in the way of their uptrend. Stocks opened lower on news that Turkey had shot down a Russian warplane near the Syrian border. The incident flared up what was already a tense situation in the region. But Wall Street this month has shown an amazing ability to brush aside crisis headlines.