8 June, 2016 by The TZ Newswire Staff Comments Off on Osborne promising things he can’t deliver as Brexit vote nears
Osborne promising things he can’t deliver as Brexit vote nears
Turkey suddenly in the thick of the race
This referendum is beginning to follow the script of the Scottish independence vote. In that episode, UK government officials made increasingly generous promises as the vote neared in an effort to keep Scotland in the UK.
8 June, 2016 by The TZ Newswire Staff Comments Off on Hitting the Road: PledgeMe Announces Tour de South Island Stops
Hitting the Road: PledgeMe Announces Tour de South Island Stops
This week, founder of PledgeMe, Anna Guenther, announced the platform is gearing up for its Tour de South Island. Guenther revealed why she and her team decided to launch the Tour: “As New Zealand’s first crowdfunding platform, we’ve noticed some of our most amazing campaigns don’t necessarily originate… Read More
8 June, 2016 by The TZ Newswire Staff Comments Off on Top trader Terranova on how to play $50 oil now
Top trader Terranova on how to play $50 oil now
The rally in oil shouldn’t deter investors from making money in energy, “Halftime Report” trader Terranova told CNBC PRO.
8 June, 2016 by The TZ Newswire Staff Comments Off on Gigamon Steps Up Fight Against Cybercrime
Gigamon Steps Up Fight Against Cybercrime
Fighting cybercrime is a good business to be in.
That’s why Gigamon (GIMO), a seller of communications network hardware appliances that analyze and manage data traffic, has been making a push into the security market. Its newer products enhance security by providing traffic visibility and control across computer networks.
8 June, 2016 by The TZ Newswire Staff Comments Off on US stock indices end the day near highs
US stock indices end the day near highs
S&P up 0.33%, Nasdaq up 0.26%
The US stock indices are ending the day higher with the S&P up 0.33%. The Nasdaq composite index was up 0.26% and the Dow ended up 0.37%. The Dow closed above the 18000 level (for what it is worth).
8 June, 2016 by The TZ Newswire Staff Comments Off on Can You Throw A Dart At The IBD 50 And Win?
Can You Throw A Dart At The IBD 50 And Win?
Here’s a gauge for testing an uptrend’s relative youth: How many stocks in the IBD 50 are early stage, and how many are old and stale?
For realistic reasons, stocks that have broken out of second-stage bases and are extended are thrown in with the late-stage stocks. That’s because they aren’t actionable when extended and could be third-stage with the next consolidation.
Also included on the negative side are any stocks that broke out and triggered the 8% sell rule. Those are included on the negative side because becoming actionable will take too much time.
8 June, 2016 by The TZ Newswire Staff Comments Off on Commodities higher. Trading as the highest level since November 2015
Commodities higher. Trading as the highest level since November 2015
Thomson Reuters CRB index
There is a lot of talk about the rise in commodities. Oil prices are of course higher and trades at $51.20 (+1.65% on the day). The Thomson Reuters CRB index is also trading at the highest level since November 2015.