15 May, 2016 by The TZ Newswire Staff Comments Off on IceCap Asset Management: "The Trend Continues"
IceCap Asset Management: "The Trend Continues"
Submitted by IceCap Asset Management: April 2016 Letter to Investors
Revenge of the Risotto
15 May, 2016 by The TZ Newswire Staff Comments Off on Do These Three Charts Spell Doom For The Stock Market?
Do These Three Charts Spell Doom For The Stock Market?
We are now in the worst seasonal period for stocks.
The old adage “sell in May and go away” does have some merit. According to the Ned Davis (NDR) database, had you invested $10,000 in the S&P 500 every May 1st starting in 1950 and sold October 31 of the same year, your initial position would only be worth $10,026 as of 2008. Put another way, by investing only from May through October, a $10,000 stake invested in 1950 would have only made $26 in 57 years.
15 May, 2016 by The TZ Newswire Staff Comments Off on Japan press says Abe is to put off the sales tax hike
Japan press says Abe is to put off the sales tax hike
The Nikkei reported over the weekend that Japanese PM Abe has decided to postpone the planned sales tax hike
– The 8% rate was originally scheduled to go up to 10% last October, and then postponed to April of 2017
For how long the postponement is to be is unclear.
15 May, 2016 by The TZ Newswire Staff Comments Off on Are These Hated Retail Stocks Good Dividend Plays?
Are These Hated Retail Stocks Good Dividend Plays?
It’s been a dismal year for apparel retailers. The Dow Jones U.S. Apparel Retailers Index has fallen 17% over the past 12 months, compared to the S&P 500’s 2.5% decline. Several major retailers recently reported weak monthly and quarterly sales, causing their stocks to post double-digit declines in a single day.
Image source: Pixabay.
15 May, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Amazon rolling out new in-house brands in coming weeks
The Wall Street Journal: Amazon rolling out new in-house brands in coming weeks
Amazon.com Inc.
15 May, 2016 by The TZ Newswire Staff Comments Off on Economic data due from Asia today (AKA go and have a nap)
Economic data due from Asia today (AKA go and have a nap)
If you’d like a long(er) weekend, today is probably a good opportunity
The data calendar from Asia is quite sparse
–
2230GMT – New Zealand – Services PMI for April, prior 54.8
Later, at 0600GMT it starts to get more interesting, with Japanese Machine Tool Orders for April (preliminary reading), prior -21.2% y/y