17 April, 2017 by The TZ Newswire Staff Comments Off on Will Johnson & Johnson Earnings Send the Stock to New Highs?
Will Johnson & Johnson Earnings Send the Stock to New Highs?
Many people know Johnson & Johnson (NYSE: JNJ) for its consumer products, but the healthcare giant’s pharmaceutical business has become the most important component of its long-term growth strategy. Combined with its medical device business, Johnson & Johnson serves the entire healthcare sector, and investors have been pleased at the progress that the company has made over time.
17 April, 2017 by The TZ Newswire Staff Comments Off on Why Traders Fail
Why Traders Fail
I was listening to the radio this evening and a young woman was explaining how they were coming back from an outdoor festival and how fun it was due to the ‘new experiences’.
That got me thinking, young people get up to all sorts of antics in life in order to gain experience. When one gets older, for many this desire for new experiences wears off.
Then I reflected on my earlier trading life and cannot forget the many scores of equity trades I did, lost patience, lost money then after a…
17 April, 2017 by The TZ Newswire Staff Comments Off on Short-Term Bias Suddenly Turns Negative For The Dow Jones Industrial Average
Short-Term Bias Suddenly Turns Negative For The Dow Jones Industrial Average
Market technician Dave Chojnacki of Street One Financial kicks off the new trading week with a look at the important technical levels for investors and traders to focus on, as market volatility remains elevated and the major indexes look to end their recent losing streak.
Economic reports on Thursday came in better than expected, but equities were tempered by geopolitical events. Banks earnings were less than stellar, as most beat on the bottom line, but the top line was disappointing.
17 April, 2017 by The TZ Newswire Staff Comments Off on J.C. Penney Just Gave 138 Stores Another Month to Live: Here’s Why
J.C. Penney Just Gave 138 Stores Another Month to Live: Here’s Why
J.C. Penney (NYSE: JCP) initially resisted the department-store industry trend toward closing lots of stores. However, the company gave in after sales growth ground to a halt in 2016. Earlier this year, it announced plans to shutter 130 to 140 stores during the second quarter.
17 April, 2017 by The TZ Newswire Staff Comments Off on 3 Tips for Last-Minute Tax Filing
3 Tips for Last-Minute Tax Filing
If you’ve waited until the last minute to file your taxes, you’re not alone. The IRS estimates that 20% to 25% of tax filers submit their returns during the last two weeks of the tax season. If you’re up against the clock as the April 18 filing deadline looms, here are a few tips you can use.
17 April, 2017 by The TZ Newswire Staff Comments Off on Analyst: Gold’s Long Correction Is Officially Over
Analyst: Gold’s Long Correction Is Officially Over
From The Gold Report: Technical analyst Jack Chan charts the completion of the gold market’s long correction.
Our proprietary cycle indicator is now up.
The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.
17 April, 2017 by The TZ Newswire Staff Comments Off on Despite Bond Market Rally, Rate Hike Bets Surge To New Record
Despite Bond Market Rally, Rate Hike Bets Surge To New Record
From Tyler Durden: Since their peak ‘shortedness’ in mid-January, US Treasury bond bears have covered 500,000 10-year-equivalent contracts, reducing the net speculative short to its lowest since before Thanksgiving 2016.
At the same time, however, Eurodollar shorts (bets on Fed rate hikes) have soared to a new record high (over $3.2 trillion notional).