The Traderszone Network

28 February, 2017 by The TZ Newswire Staff Comments Off on What do you do while you’re waiting for a trade to materialize?

What do you do while you’re waiting for a trade to materialize?

I didn’t know where to ask this question so I put it here in the Psychology topic. Anyhoooo, if you’re a discretionary day-trader or at least semi-discretionary, what do you do once you’re in a position? Are you glued to the screen waiting for a signal to add/liquidate to your position? do you walk out of the room and check up on the position every once in a while? Turn on music/youtube/movie and keep one eye on the charts… Or do you not have to worry about it because you set your profit…

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28 February, 2017 by The TZ Newswire Staff Comments Off on US Economy Slows, Consumer Spending No Tailwind?

US Economy Slows, Consumer Spending No Tailwind?

Will the horse that pulls the cart be strong enough to keep both from being stuck in a rut?

The Commerce Department said Tuesday that its second estimate of U.S. economic growth in the fourth quarter of 2016 stood at 1.9 percent, unchanged from the prior estimate. That was lower than the 2.1 percent expected by economists polled by Reuters.

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28 February, 2017 by The TZ Newswire Staff Comments Off on Shares of Seadrill Sink After Management Uses the "B" Word

Shares of Seadrill Sink After Management Uses the "B" Word

Shares of Seadrill (NYSE: SDRL) are down 11.7% as of 2:15 p.m. EST after the company announced earnings results. The earnings themselves weren’t so bad as to justify a major share decline. Rather, it was a statement the company made in that earnings release that has Wall Street running scared.

Image source: Getty Images.

I’ll just quote management’s statement regarding the challenges it is facing with restructuring its current debt load:

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28 February, 2017 by The TZ Newswire Staff Comments Off on Robert Powell’s Retirement Portfolio: Want to invest in art, gems and antiques? Why it’s a bad idea to put exotic investments in your IRA

Robert Powell’s Retirement Portfolio: Want to invest in art, gems and antiques? Why it’s a bad idea to put exotic investments in your IRA

People who invest their retirement accounts in unconventional assets may be placing their savings at risk.
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28 February, 2017 by The TZ Newswire Staff Comments Off on Definition of trend

Definition of trend

Definition of trend–” A general drift of prices in one direction.”

28 February, 2017 by The TZ Newswire Staff Comments Off on Record-breaking auction for Obamas’ book deal tops $60 million

Record-breaking auction for Obamas’ book deal tops $60 million

Two memoirs by former president and first lady kick off blockbuster bidding war, The Finanical Times reports.

28 February, 2017 by The TZ Newswire Staff Comments Off on Small-business owners are full of questions and regrets about the end of Obamacare

Small-business owners are full of questions and regrets about the end of Obamacare

“I greatly benefited from the ACA,” says entrepreneur Mike Roach.