6 May, 2017 by The TZ Newswire Staff Comments Off on Dow Jones Industrial Average Tops 21K, As Safehaven Assets Plunge
Dow Jones Industrial Average Tops 21K, As Safehaven Assets Plunge
From Taki Tsaklanos: During the past week, investors have clearly shown a flight out of safe haven assets. Interestingly, that happened even as crude oil fell more than 5 percent on Thursday, an event that should lead to some safe haven asset interest.
6 May, 2017 by The TZ Newswire Staff Comments Off on Don’t Blame Baby Boomers for Social Security’s Woes! Blame the Rich
Don’t Blame Baby Boomers for Social Security’s Woes! Blame the Rich
For a majority of retired Americans, Social Security provides a financial foundation that allows them to meet their monthly expenses. The average retired worker was bringing home $1,365.35 a month as of the March 2017 snapshot from the Social Security Administration, enough to account for at least half of all monthly income for three out of five seniors currently receiving benefits.
6 May, 2017 by The TZ Newswire Staff Comments Off on Technical analysis: USD/CAD finished on the lows after a big reversal
Technical analysis: USD/CAD finished on the lows after a big reversal
USD/CAD bearish outside day
USD/CAD was on a ten-day winning streak coming into Friday but a climb in oil prices and a wave of profit taking led to the pair erasing the previous four days of gains.
6 May, 2017 by The TZ Newswire Staff Comments Off on Apple Is DJIA’s Best Performing Stock of 2017
Apple Is DJIA’s Best Performing Stock of 2017
Apple retained its top ranking as the best-performing stock on the Dow Jones Industrial Average index last week. In fact, the stock rose nearly 4% and posted a new 52-week high after reporting…
6 May, 2017 by The TZ Newswire Staff Comments Off on Why Analysts Are Growing More Bullish on Apple After Earnings
Why Analysts Are Growing More Bullish on Apple After Earnings
The most recent earnings report from Apple was at first deemed a disappointment, but after analysts had a closer look at it they were very positive on the stock.
6 May, 2017 by The TZ Newswire Staff Comments Off on 11 Highly Influential People Who Support Legalizing Marijuana
11 Highly Influential People Who Support Legalizing Marijuana
The legal-marijuana industry is on one heck of a run. Last year, five states legalized the use of medical cannabis for select ailments, pushing the number of states that have chosen to allow physicians to prescribe cannabis past the halfway mark (28 states). We also witnessed the number of recreational-pot states double to eight from four.
6 May, 2017 by The TZ Newswire Staff Comments Off on Weekly Trend Check May 05 — Trend-following Models All Green — Europe ETFs Red Hot As French Elections Loom — Gold Gaps Down — Bond Yields Rise — XLK, XLV, XLY and XLI Are Strongest Sectors
Weekly Trend Check May 05 — Trend-following Models All Green — Europe ETFs Red Hot As French Elections Loom — Gold Gaps Down — Bond Yields Rise — XLK, XLV, XLY and XLI Are Strongest Sectors
My trend-following models trend check carpet is a lovely color of green across all time frames and market breadth, but event risk rises this weekend with round two of the French elections due Sunday.
Chart 1: Trend-following models are all green, pointing to higher prices. The degree of smoothing increases from to top to bottom, and market width increases from left to right, from 3o to over 2000 stocks.