1 September, 2017 by The TZ Newswire Staff Comments Off on [is this normal?] price completely retraced the US NFP & US unemployment news candle
[is this normal?] price completely retraced the US NFP & US unemployment news candle
Hey guys,
Noob here. 
As usual, price broke out when the NFP and unemployment numbers were released today. But on the 5-minute charts of several major currency pairs, price retraced completely within a few bars.
1 September, 2017 by The TZ Newswire Staff Comments Off on Best Buy’s Great Quarterly Results Get Overshadowed by a Question Mark
Best Buy’s Great Quarterly Results Get Overshadowed by a Question Mark
Despite posting positive numbers during the second quarter, shares of Best Buy (NYSE: BBY) are down double digits. It has been a great run for investors the last year, but the company warned that the good times may not last.
Data by YCharts.
1 September, 2017 by The TZ Newswire Staff Comments Off on Rickards: "There Are Three Things Going On With Gold Right Now"
Rickards: "There Are Three Things Going On With Gold Right Now"
Authored by Craig Wilson via Daily Reckoning blog,
Jim Rickards joined Kitco News and Daniela Cambone to discuss the latest news and analysis from gold markets, geopolitics and even bitcoin. The Wall Street veteran took on the bigger picture facing metals investors and what could be just around the corner in a bubbling market.
1 September, 2017 by The TZ Newswire Staff Comments Off on Strong Pickup Sales Were a Bright Spot for Ford in August
Strong Pickup Sales Were a Bright Spot for Ford in August
Ford Motor Company (NYSE: F) said its U.S. sales fell 2.1% in August. That was a smaller decline than analysts had expected. A big surge in sales of Ford’s F-Series pickups helped to offset declines in other market segments, as well as sales lost because of Hurricane Harvey.
In another bit of storm-related good news, Ford also said that its dealers in the Houston area appear to have lost far fewer vehicles to flood damage than it had initially expected.
Ford’s shares rose over 3% in early trading on Friday after the news was released.
1 September, 2017 by The TZ Newswire Staff Comments Off on This Week in Solar
This Week in Solar
Earnings season is over and it seems most of the market is slowing down before the end of summer. But the solar industry continues to make news, both good and bad.
This week, the industry showed some bad signs for some formerly major players. For investors, the weakness in some solar companies means less competition as the industry matures and the strong survive this highly competitive market.
Image source: SunPower.
1 September, 2017 by The TZ Newswire Staff Comments Off on Venezuela Headed For "Messiest Debt-Restructuring In History" Thanks To US Sanctions
Venezuela Headed For "Messiest Debt-Restructuring In History" Thanks To US Sanctions
After being effectively shut out from global financial markets – a situation that was made more precarious by US sanctions prohibiting purchases of Venezuelan debt (unless you’re buying them off Goldman Sachs, should the bank’s asset-management arm desire to liquidate its $3 billion “hunger bond” position) – Venezuela is drawing ever-nearer to what the Financial Times describes as potentially the “messiest debt restructuring in history.”
1 September, 2017 by The TZ Newswire Staff Comments Off on Arkema Texas Plant Explodes, "Black Smoke Fills The Air"
Arkema Texas Plant Explodes, "Black Smoke Fills The Air"
You can’t say they didn’t warn us: this afternoon, the VP of US manufacturing Daryl Roberts at French chemicals giant Arkema, said the company was on “high alert” as more fires could start at the doomed facility at any moment.