6 April, 2016 by The TZ Newswire Staff Comments Off on Biotech Goes Bananas
Biotech Goes Bananas
Forget what you read in the funny pages (Wall street Journal, Marketwatch) and all the other periodicals written by children that write about stocks. This market is crazy, like a crazy girlfriend right now. It just goes up. Love it. Anyway, the bulls stay in charge and biotech is ruling the roost again. As hedge […]
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6 April, 2016 by The TZ Newswire Staff Comments Off on Blast From the Past – Hillary Clinton vs. Bernie Sanders on Panama
Blast From the Past – Hillary Clinton vs. Bernie Sanders on Panama
Submitted by Michael Krieger of LibertyBlitzkrieg
Blast From the Past – Hillary Clinton vs. Bernie Sanders on Panama
6 April, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.4707 (vs. yesterday at 6.4754)
PBOC sets USD/CNY mid-point today at 6.4707 (vs. yesterday at 6.4754)
Yuan reference rate from the People’s Bank of China
meanwhile …. OMOs:
–
In Open Market operations the PBOC injects 10bn yuan via 7-day reverse repos
6 April, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Summers criticizes Fed’s Kashkari for ‘blatantly political’ comments
The Wall Street Journal: Summers criticizes Fed’s Kashkari for ‘blatantly political’ comments
Former Treasury Secretary Lawrence Summers on Wednesday sharply criticized the “style and tone” of Federal Reserve Bank of Minneapolis President Neel Kashkari’s recent push to address whether taxpayers may have to rescue the biggest U.S.
6 April, 2016 by The TZ Newswire Staff Comments Off on Something Does Not Compute: The Market Is The "Most Overbought Since 2009" Yet "Most Short Since 2008"
Something Does Not Compute: The Market Is The "Most Overbought Since 2009" Yet "Most Short Since 2008"
Yesterday we first reported something unexpected: when looking at the constituents of the record short squeeze that started two months ago, and still continues, traders had largely maintained kept single-name shorts, and instead covered short ETF exposure.
6 April, 2016 by The TZ Newswire Staff Comments Off on Fed’s Kaplan again – easier for Fed to tighten than ease, also comments on oil
Fed’s Kaplan again – easier for Fed to tighten than ease, also comments on oil
Dallas Fed head Kaplan
– Says a lot easier for Fed to tighten than to ease
– The oil industry has already absorbed the worst of the pain of low oil prices
6 April, 2016 by The TZ Newswire Staff Comments Off on NVIDIA Corp. Announces Answer to Intel Corp.’s Xeon Phi
NVIDIA Corp. Announces Answer to Intel Corp.’s Xeon Phi
This graphics specialist just launched an impressive piece of silicon for the data center to defend against Intel’s incursion.