23 August, 2016 by The TZ Newswire Staff Comments Off on Brexit, Twitter and Behavioral Finance
Brexit, Twitter and Behavioral Finance
Even the most seasoned market veterans with nerves of steel are not immune to psychological bias.
23 August, 2016 by The TZ Newswire Staff Comments Off on Zoe’s Kitchen Inc Tempers Investor Expectations
Zoe’s Kitchen Inc Tempers Investor Expectations
Image source: Zoe’s Kitchen.
Zoe’s Kitchen (NYSE: ZOES) reported second-quarter results on Aug. 22. The Mediterranean-inspired restaurant chain delivered revenue and profit growth of more than 20%, but a recent downturn in comparable restaurant sales led management to lower its guidance for the year ahead.
23 August, 2016 by The TZ Newswire Staff Comments Off on Noteworthy Tuesday Option Activity: CAT, RH, LEN
Noteworthy Tuesday Option Activity: CAT, RH, LEN
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Caterpillar Inc. (NYSE: CAT), where a total of 17,394 contracts have traded so far, representing approximately 1.7 million underlying shares. That amounts to about 42.7% of CAT’s average daily trading volume over the past month of 4.1 million shares. Especially high volume was seen for the $87.50 strike call option expiring February 17, 2017, with 2,026 contracts trading so far today, representing approximately 202,600 underlying shares of CAT.
23 August, 2016 by The TZ Newswire Staff Comments Off on Best Buy Price Levels to Watch After Earnings
Best Buy Price Levels to Watch After Earnings
A positive response to second-quarter earnings has lifted Best Buy into a long-awaited test at major resistance between $38 and $41.
23 August, 2016 by The TZ Newswire Staff Comments Off on Donald Trump’s Potemkin Campaign
Donald Trump’s Potemkin Campaign
Trump doesn’t consult campaign roadmaps. It is not even clear he knows how to read one. Elevating Steve Bannon is just one more piece of evidence.
23 August, 2016 by The TZ Newswire Staff Comments Off on China Plans to Slash Crude Demand With 250,000 Bpd
China Plans to Slash Crude Demand With 250,000 Bpd
China is determined to rid itself of its image as one of the world’s greatest polluters, and is serious about curbing oil production—even if only for a few days—to clean up its air during the international G-20 meeting in Hangzhou…
23 August, 2016 by The TZ Newswire Staff Comments Off on The Schizophrenic Fed
The Schizophrenic Fed
Central bank policy is center stage this week as the world turns its attention to Jackson Hole, Wyoming. The symposium hosted by the Kansas City Fed has become the prime venue for discussing monetary policy.