The Traderszone Network

22 July, 2016 by The TZ Newswire Staff Comments Off on Consolidation Helps Overbought Indicators Unwind

Consolidation Helps Overbought Indicators Unwind

The market was up today but did not reach or close on all-time highs, just more consolidation and some topping action. Short-Term indicators are looking good, but intermediate-term there could be some problems. The DP Scoreboards show no change.
The purpose of the DecisionPoint Alert Daily Update is to quickly review the day’s action, internal condition, and Trend Model status of

22 July, 2016 by The TZ Newswire Staff Comments Off on End Of An Era: The Rise And Fall Of The Petrodollar System

End Of An Era: The Rise And Fall Of The Petrodollar System

Submitted by Claudio Grass via Acting-Man.com,

The Transition

“The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better.”

Ron Paul

 

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22 July, 2016 by The TZ Newswire Staff Comments Off on Moody’s Clients Working on 120 Blockchain Projects, Report Shows

Moody’s Clients Working on 120 Blockchain Projects, Report Shows

As many as 120 blockchain-related projects are being undertaken by governments and companies rated by Moody’s, new data shows.

22 July, 2016 by The TZ Newswire Staff Comments Off on The Tell: Here’s why one bull thinks the S&P 500 can rally to 2,400

The Tell: Here’s why one bull thinks the S&P 500 can rally to 2,400

Even as the S&P 500 index books another record close, at least one Wall Street strategists was predicting that the next breakthrough level could be a lofty 2,400.
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22 July, 2016 by The TZ Newswire Staff Comments Off on What One Million Recently Fired Chinese Coal And Steel Workers Are Doing Now

What One Million Recently Fired Chinese Coal And Steel Workers Are Doing Now

Having followed China’s biggest risk with great interest for the past year,  which incidentally is not its $36 trillion in debt, nor its defaults, its zombie companies, its ponzi “wealth products”, its currency, its capital outflows, its crony capitalism and corruption, nor its gargantuan capital misallocation, but the threat of a social revolution as a result of a surge in unemployment as entire zombie industries fail, that has always been true biggest risk for Beijing (som

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22 July, 2016 by The TZ Newswire Staff Comments Off on The rally is running out of steam, expert says

The rally is running out of steam, expert says

“We are reaching new highs, but the highs are only 35 or 40 points above the last close,” says Peter Costa.

22 July, 2016 by The TZ Newswire Staff Comments Off on The rally is running out of steam, expert says

The rally is running out of steam, expert says

“We are reaching new highs, but the highs are only 35 or 40 points above the last close,” says Peter Costa.