13 September, 2016 by The TZ Newswire Staff Comments Off on Chart: Why you should be cautious about a Dow rally
Chart: Why you should be cautious about a Dow rally
The Dow retreat was large, but not unexpected. The retreat presented a buying opportunity, but not for a long-term uptrend continuation.
13 September, 2016 by The TZ Newswire Staff Comments Off on China: What’s at stake
China: What’s at stake
I see many biased stories on China, so it’s nice to read something sensible. Here’s Alex Frew McMillan:
Write off China at your peril.
That’s the message coming out of Tuesday’s economic data, which were considerably stronger than expected. The data show that the second half of 2016 will produce growth similar to that of the first six months of the year.
13 September, 2016 by The TZ Newswire Staff Comments Off on Dollar/yen firm on BOJ policy speculation, risk aversion limits upside
Dollar/yen firm on BOJ policy speculation, risk aversion limits upside
The dollar stood atop gains versus the yen lifted by a report that the BOJ is mulling further easing, although its upside was limited.
13 September, 2016 by The TZ Newswire Staff Comments Off on 4 Red Flags in Under Armour Inc’s Income Statement
4 Red Flags in Under Armour Inc’s Income Statement
Under Armour (NYSE: UA) stock has fallen nearly 20% over the past 12 months due to slowing sales, rising expenses, and tougher competition. To understand these challenges, investors should examine UA’s second quarter income statement — which features four red flags indicating that its high-growth days might be over.
13 September, 2016 by The TZ Newswire Staff Comments Off on Asia markets slip as volatility rises and oil prices fall
Asia markets slip as volatility rises and oil prices fall
Asia markets opened lower on Wednesday, tracking U.S. losses amid a spike in volatility and lower oil prices.
13 September, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Massive recall of Galaxy Note 7 sends Samsung scrambling
The Wall Street Journal: Massive recall of Galaxy Note 7 sends Samsung scrambling
Samsung Electronics Co.
13 September, 2016 by The TZ Newswire Staff Comments Off on Australia – Westpac consumer confidence (September): +0.3% m/m (prior +2.0%)
Australia – Westpac consumer confidence (September): +0.3% m/m (prior +2.0%)
The weekly consumer confidence numbers we get from ANZ / Roy Morgan are all over the shop
– A month ago they hit a 33 month high
– Then fell for 3 weeks
– Then jumped again this week
So, this is a monthly data from a different survey, from Westpac