7 May, 2016 by The TZ Newswire Staff Comments Off on Two Versions of the New York Advance-Decline Line Giving Different Signals
Two Versions of the New York Advance-Decline Line Giving Different Signals
THE TRADITIONAL NYAD LINE HITS NEW RECORD… Chartists look to the NYSE Advance-Decline line to help determine the trend of the stock market. The NYAD line is simply a running cumulative total of the number of advancing stocks minus decliners on the big board. And it has a good track record of leading turns in the stock market itself. Chart 1 shows the traditional version of the NYAD line peaking last May which warned of a market downturn that started last summer and lasted into this year. Chart 1 also shows the advance-decline hitting a record high this spring.
7 May, 2016 by The TZ Newswire Staff Comments Off on Gold Doing What It Does Best
Gold Doing What It Does Best
7 May, 2016 by The TZ Newswire Staff Comments Off on Wall Street Is Falling Off A Cliff (And The Bottom Is A Long Way Down)
Wall Street Is Falling Off A Cliff (And The Bottom Is A Long Way Down)
7 May, 2016 by The TZ Newswire Staff Comments Off on Energy Resting At Key Pivot Area
Energy Resting At Key Pivot Area
2016 has been a very good year thus far for the energy sector (XLE) as it’s gained 17.51% in just the last three months alone. Unlike many of the other sectors that have been battling slowing momentum in the form of negative divergences, momentum remains very strong for the XLE on the daily chart. Check out the three month chart:
7 May, 2016 by The TZ Newswire Staff Comments Off on According To Deutsche Bank, The "Worst Kind Of Recession" May Have Already Started
According To Deutsche Bank, The "Worst Kind Of Recession" May Have Already Started
One week ago, Deutsche Bank’s Dominic Konstam unveiled, whether he likes it or not, what the next all too likely step will be as central bankers scramble to preserve order in a world in which monetary policy has all but lost effectiveness: “It is becoming increasingly clear to us that the level of yields at which credit expansion in Europe and Japan will pick up in earnest is probably negative, and substantially so.
7 May, 2016 by The TZ Newswire Staff Comments Off on Comcast’s Latest Move Is Fantastic for Netflix
Comcast’s Latest Move Is Fantastic for Netflix
Image source: Netflix.
Comcast (NASDAQ: CMCSA) just made its Internet service far more friendly to cord-cutters.
7 May, 2016 by The TZ Newswire Staff Comments Off on Why Google’s Fiat Chrysler Partnership Should Matter to Investors
Why Google’s Fiat Chrysler Partnership Should Matter to Investors
Image source: Alphabet.
Last year, the tech buzzword du jour might have been the “Internet of Things.” If the first few months of 2016 are any indicator, self-driving cars seem to be in pole position for this year’s new, new thing.