The Traderszone Network

23 March, 2017 by The TZ Newswire Staff Comments Off on Vote Chaos: McConnell Says No Vote Until Monday As Ryan Delays Presser "Until Further Notice"

Vote Chaos: McConnell Says No Vote Until Monday As Ryan Delays Presser "Until Further Notice"

With the time for today’s critical vote rapidly approaching, traders, pundits and the general population were eagerly looking forward to Paul Ryan’s rescheduled 3:30pm press conference (it was originally supposed to take place before noon). It now appears that they will have to wait some more, because moments ago the press conference was postponed for a second time, and this time it was delayed until further notice…

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23 March, 2017 by The TZ Newswire Staff Comments Off on Freedom Caucus says ‘not enough votes’ after White House’s ‘final offer’ on Obamacare replacement

Freedom Caucus says ‘not enough votes’ after White House’s ‘final offer’ on Obamacare replacement

The lack of an agreement throws more doubt on a planned Thursday night vote on the crucial legislation.

23 March, 2017 by The TZ Newswire Staff Comments Off on McConnell says House vote likely to be postponed until Monday

McConnell says House vote likely to be postponed until Monday

Breaking news
Mitch McConnell is Senate Republican leader. The report cites an unnamed senior aide.
The S&P 500 has fallen into negative territory.

23 March, 2017 by The TZ Newswire Staff Comments Off on Is This Top Software Stock In The Buy Zone?

Is This Top Software Stock In The Buy Zone?

It’s tough to stand out in the 56-stock enterprise-software group, but Paycom Software (PAYC) is making it look fairly easy.

The cloud-based provider of human-resources and payroll-management software not only owns the top Earnings Per Share (99) and Composite (98) ratings in the group — it’s also a Sector Leader and an IBD 50 member.

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23 March, 2017 by The TZ Newswire Staff Comments Off on Paul Ryan press conference postponed – report

Paul Ryan press conference postponed – report

Press conference was scheduled for the bottom of the hour
Jake Sherman at Politico reports it’s been postponed. It’s the second postponement.
That sounds like bad news at first but maybe t’s not. It’s delayed so maybe there is a deal to make still. If it was dead, he’s probably be the one to announce it (and spin it).

23 March, 2017 by The TZ Newswire Staff Comments Off on Is the forex market open?

Is the forex market open?

The USDJPY extended the range in NY session. 
The trading action in the US session has come to a standstill for the dollar.
At the start of the NY session, the follow trading ranges for the major pairs and crosses showed most of the pairs were below the 22 day averages.

23 March, 2017 by The TZ Newswire Staff Comments Off on Bye-bye bull—this is the market’s ‘final wave,’ warns the ‘Northman Trader’

Bye-bye bull—this is the market’s ‘final wave,’ warns the ‘Northman Trader’

The market has enjoyed a stellar bull run, but a correction is likely looming, according to Sven Henrich.