The Traderszone Network

Yesterday JPM, which despite calling for a 2,200 year end price target, paradoxically warned that the regime of “buying dips” is over, and that “we take the view that equities are unlikely to perform well on a 12-24 month horizon” adding that “the regime of buying the dips might be over and selling any rallies might be the new one.” So don’t buy dips yet somehow the S&P will rise 150 points? Fair enough.

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Hedge fund was expected to lose money on its multibillion-dollar position in the troubled drug company Valeant.
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Netflix is expanding its children’s content rights with DreamWorks Animation as the streaming giant focuses on furthering its presence globally.
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The risk in ETFs will only be apparent if and when the stock market experiences a sustained decline, says Tim Quast. Here’s why.

“The Saudis are preparing for Iran’s return,” said Mohamed Sadegh Memarian, who recently retired as the head of petroleum market analysis at Iran’s oil ministry, as they sharply cut the prices they charge for crude oil in Europe (to the biggest discount since Feb 2009). The move that will likely undercut Iran happens as sectarian tensions escalate between the rival Middle Eastern nations.

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National home prices continued to power forward, rising 6.3% from last November’s levels.
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