3 December, 2016 by The TZ Newswire Staff Comments Off on OPEC Announces Production Cuts, but 3 Big Questions Remain
OPEC Announces Production Cuts, but 3 Big Questions Remain
After months of bickering and infighting, members of the OPEC cartel have finally reached an agreement to reduce oil production. On Wednesday, the cartel announced plans to reduce its output by about 1.2 million barrels per day (bpd) from recent levels, to 32.5 million bpd. OPEC also said that it expected producers outside the cartel to cut production by 600,000 bpd.
3 December, 2016 by The TZ Newswire Staff Comments Off on Pay Attention To Sector Rotation (Video)
Pay Attention To Sector Rotation (Video)
3 December, 2016 by The TZ Newswire Staff Comments Off on Apple confirms open secret: It’s ‘investing heavily’ in machine learning, autonomous car
Apple confirms open secret: It’s ‘investing heavily’ in machine learning, autonomous car
Apple watchers are wondering if the letter confirms the rumor that the tech giant is working on developing a self-driving car.
3 December, 2016 by The TZ Newswire Staff Comments Off on Rotation Continues Into Value Stocks, Financials and Energy Still Look Cheap
Rotation Continues Into Value Stocks, Financials and Energy Still Look Cheap
Two days after the election (November 10), I wrote a message entitled: “Rotation Out of Growth Stocks into Value Stocks Causes Profit-taking in Technology”. We’re seeing a replay of that rotation again this week as technology stocks are underperforming the market while financials, energy, and industrials surge. Chart 1 compares the move to new highs in the S&P 500 Value ETF (black bars) to the weaker action in the S&P 500 Growth ETF (red bars) since the start of November. That rotation can be seen more graphically by the surge in the IVE/IVW ratio over the last month (top of chart).
3 December, 2016 by The TZ Newswire Staff Comments Off on Fake News….or Is It?/Warning: Rated R
Fake News….or Is It?/Warning: Rated R
3 December, 2016 by The TZ Newswire Staff Comments Off on Kanye West’s hospitalization reportedly a result of altered medication for longstanding ‘psychological issues’
Kanye West’s hospitalization reportedly a result of altered medication for longstanding ‘psychological issues’
Kanye West’s hospitalization reportedly a result of altered medication for longstanding ‘psychological issues’
3 December, 2016 by The TZ Newswire Staff Comments Off on Guess Who’s the Most Profitable Android Smartphone Maker in the World? (It’s Not Samsung)
Guess Who’s the Most Profitable Android Smartphone Maker in the World? (It’s Not Samsung)
Huawei became the most profitable Android smartphone maker during the third quarter according to Strategy Analytics. The research firm states that the Chinese tech giant claimed 2.4% ($200 million) of all smartphone operating profits worldwide during the quarter.
That put it ahead of Vivo and Oppo, which claimed 2.2% each, and ahead of all other Android OEMs worldwide (including Samsung (NASDAQOTH: SSNLF)) — which had a combined share of 2.2%.