14 January, 2016 by The TZ Newswire Staff Comments Off on 3 trades to watch after market rally
3 trades to watch after market rally
Following Thursday’s climb, some “Fast Money” traders highlighted JPMorgan Chase, which gave markets a push higher with earnings.
14 January, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: White House may be set to revamp coal-leasing rules
The Wall Street Journal: White House may be set to revamp coal-leasing rules
The Obama administration plans to announce Friday that it is going to change the way the federal government handles coal leases on public lands, the latest step in President Barack Obama’s plan to address climate change, according to a congressional aide.
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14 January, 2016 by The TZ Newswire Staff Comments Off on Stocks Get Their ‘Overdue’ Rally, But Can It Last More Than A Day?
Stocks Get Their ‘Overdue’ Rally, But Can It Last More Than A Day?
Bulls haven’t had much to applaud so far this year, but on Thursday the Nasdaq scored its first 2016 gain in rising volume. The Nasdaq shook off an early 1.2% loss and reversed to a 2% climb. The S&P 500 and the Dow Jones industrial average added 1.7% and 1.4%, respectively. The IBD 50 advanced 1.6%. Volume rose across the board. Considering the sharp daily losses so far this year, a relief rally was perhaps overdue.
14 January, 2016 by The TZ Newswire Staff Comments Off on Technical analysis ‘chart of the week’: EUR/GBP further upside momentum
Technical analysis ‘chart of the week’: EUR/GBP further upside momentum
Morgan Stanley with Elliot Wave analysis, starting at the big picture and down to a lower time frame
The technical and
fundamental picture suggests
further upside for EUR/GBP.
Having completed the 4th
wave with a low at 0.6936, we
believe that EURGBP’s 5th
wave would initially head
towards the top end of the
channel at 0.83. If our 5-wave
analysis is correct then
EURGBP would eventually
trade above the 3 -wave top at
0.9812, a multi-year target.
14 January, 2016 by The TZ Newswire Staff Comments Off on Was that a bottom for stocks?
Was that a bottom for stocks?
Stocks may have found a floor for now, but Thursday’s big bounce back doesn’t mean selling is over.
14 January, 2016 by The TZ Newswire Staff Comments Off on A Few Things to Remember When You See a Scary Macro Headline
A Few Things to Remember When You See a Scary Macro Headline
Don’t panic when it appears nothing is beautiful and everything hurts.
14 January, 2016 by The TZ Newswire Staff Comments Off on "Markets Crash When They’re Oversold"
"Markets Crash When They’re Oversold"
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Peddling Fiction
On Tuesday, as I watched the President’s State of the Union Address, the President made the following statement.
“Anyone claiming that America’s economy is in decline is peddling fiction.”
While I certainly understand the need to put a positive spin on the current economic backdrop during your last SOTU address, there is a good bit of misstatement in that comment.