25 August, 2017 by The TZ Newswire Staff Comments Off on S&P 500 Ends Week Still In “Correction Mode” (SPY)
S&P 500 Ends Week Still In “Correction Mode” (SPY)
From Larry McMillan: Despite the media euphoria over recent rally days, the S&P 500 (SPX) chart remains short-term negative because of the downtrend lines (see Figure 1 below).
25 August, 2017 by The TZ Newswire Staff Comments Off on GameStop, Ulta Plunge into Friday’s 52-Week Low Club
GameStop, Ulta Plunge into Friday’s 52-Week Low Club
GameStop, Ulta, Tahoe Resources, and Denbury Resources all posted new 52-week lows Friday.
25 August, 2017 by The TZ Newswire Staff Comments Off on Home Depot, Verizon Pick Up DJIA on Friday
Home Depot, Verizon Pick Up DJIA on Friday
Home Depot, Verizon, General Electric, and Disney were among the DJIA’s best performing stocks Friday.
25 August, 2017 by The TZ Newswire Staff Comments Off on ECB President Draghi warns of ‘serious risk’ to global economy from rising protectionism
ECB President Draghi warns of ‘serious risk’ to global economy from rising protectionism
European Central Bank President says protectionism poses a “serious risk” for continued productivity growth and potential growth in the global economy.
25 August, 2017 by The TZ Newswire Staff Comments Off on Bearish sentiment will push market higher: Strategist Jim Paulsen
Bearish sentiment will push market higher: Strategist Jim Paulsen
Investors are pulling billions from the stock market, and for widely followed strategist Jim Paulsen, that’s a good sign.
25 August, 2017 by The TZ Newswire Staff Comments Off on The Ratings Game: Analysts turn bearish on Ulta as beauty sector, same-store sales growth slows
The Ratings Game: Analysts turn bearish on Ulta as beauty sector, same-store sales growth slows
Ulta Beauty’s same-store sales deceleration, as well as a slowdown in the beauty sector, is a cause for concern for some analysts
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25 August, 2017 by The TZ Newswire Staff Comments Off on Why the Amazon–Whole Foods combo is not an immediate threat to rival grocers
Why the Amazon–Whole Foods combo is not an immediate threat to rival grocers
A joint announcement from Amazon.com and acquiree Whole Foods on Thursday drove down shares of rival grocers. But analysts at SunTrust Robinson Humphrey say the near-term threat to competitors in the space is limited.