13 March, 2017 by The TZ Newswire Staff Comments Off on If You’re Bullish on the Trump Economy, This Is the Stock for You
If You’re Bullish on the Trump Economy, This Is the Stock for You
The election of President Donald Trump has been kind to the stock market.
Since Election Day, the Dow Jones Industrial Average has jumped 13.8%, the Nasdaq is up 12.4%, and the S&P 500 has gained 10.5%.
Among the winners have been cyclical stocks like banks, which are expected to benefit from looser financial regulations and a potential increase in borrowing, and industrial stocks have generally outperformed, but one stock stands head and shoulders above the rest.
13 March, 2017 by The TZ Newswire Staff Comments Off on Trump Administration Asks For "Additional Time" To Prove Obama Wiretapped Trump Tower
Trump Administration Asks For "Additional Time" To Prove Obama Wiretapped Trump Tower
Nine days after President Trump’s now infamous “Obama had my ‘wires tapped’ in Trump Tower” tweet, his administration has asked for more time to comply with a House Intelligence Committee request for evidence substantiating Trump’s claims.
House Intelligence Committee Chairman Devin Nunes (R-Calif.) and ranking member Adam Schiff (D-Calif.) asked the White House to offer by today, any evidence showing Trump Tower was wiretapped.
13 March, 2017 by The TZ Newswire Staff Comments Off on Cramer Remix: A border tax could lead to thousands of layoffs in retail
Cramer Remix: A border tax could lead to thousands of layoffs in retail
Jim Cramer offered his take on retail and what a border tax could mean for jobs in that sector.
13 March, 2017 by The TZ Newswire Staff Comments Off on Fed anticipation and snowmageddon could freeze market action
Fed anticipation and snowmageddon could freeze market action
The market is awaiting the Fed’s third interest rate hike in 10 years, and that and the blizzard could mean stocks stall out in light trading day.
13 March, 2017 by The TZ Newswire Staff Comments Off on S&P 100 New PMO SELL Signal – Triple-Top on Bonds Executes
S&P 100 New PMO SELL Signal – Triple-Top on Bonds Executes
As expected, the S&P 100 gave up its short-term PMO BUY signal. This puts all four DecisionPoint Scoreboard indexes on short-term PMO SELL signals. This tells us that momentum overall in the shorter term is negative. I’ve included the chart of the OEX below the Scoreboards. You’ll notice that despite a short-term decline, the rising trend channel is still intact. We’ll talk more about that…
13 March, 2017 by The TZ Newswire Staff Comments Off on Under Armour’s State of Retail
Under Armour’s State of Retail
Image Source: Under Armour
13 March, 2017 by The TZ Newswire Staff Comments Off on Risk-Ignorance Reaches 23 Year High As Short Interest Hits Record Low
Risk-Ignorance Reaches 23 Year High As Short Interest Hits Record Low
Complacency about U.S. stocks has become so widespread that losses may lie ahead, according to Brian Belski, chief investment strategist at BMO Capital Markets. In a report Friday, Belski cited the ratio of the S&P 500 Index’s price-earnings ratio to the VIX Index, “which essentially shows how much investors are willing ‘to pay’ for a given level of market risk.”
As Bloomberg notes, the ratio rose this month to its highest reading since 1994.