8 September, 2017 by The TZ Newswire Staff Comments Off on Here’s why hurricane forecasting is getting better
Here’s why hurricane forecasting is getting better
Hurricane forecasts from the National Weather Service have improved thanks to a multi-million dollar investment following Hurricane Sandy.
8 September, 2017 by The TZ Newswire Staff Comments Off on SPDR S&P 500 ETF Trust (SPY) Ends Week Sending Mixed Signals
SPDR S&P 500 ETF Trust (SPY) Ends Week Sending Mixed Signals
From Larry McMillan: Late last week, the S&P 500 (SPX) broke out above a minor downtrend line, accompanied by buy signals from several indicators.
It appeared that a move to new all-time highs was imminent. However, those plans have stalled. $SPX did challenge the previous highs at 2480 but was unable to break through. This week it has struggled. So, at this time, the $SPX chart needs to break out over 2480 to be classified as strongly bullish. Otherwise it’s in a trading range, from roughly 2400 to 2480.
8 September, 2017 by The TZ Newswire Staff Comments Off on Central Banks Have Purchased $2 Trillion In Assets In 2017
Central Banks Have Purchased $2 Trillion In Assets In 2017
In his latest “flow report”, BofA’s Michael Hartnett looks at the “Disconnect Myth” between rising stocks and bonds and summarizes succinctly that there is “no disconnect between stocks & bonds.”
8 September, 2017 by The TZ Newswire Staff Comments Off on Here’s Why Ameresco, Inc.’s Stock Popped 10% in August
Here’s Why Ameresco, Inc.’s Stock Popped 10% in August
Shares of Ameresco (NYSE: AMRC), an industry leader in energy-efficiency solutions for facilities throughout North America and Europe, extended the 7% rise they’ve experienced through the first seven months of the year and climbed 10% in August, according to S&P Market Intelligence. Crushing analyst’s second-quarter earnings estimates of $0.06 per share, Ameresco reported earnings of $0.13 per share — a welcome sight for a company that missed analysts’ earnings estimates in the previous quarter.
8 September, 2017 by The TZ Newswire Staff Comments Off on These entrepreneurs want to fix a ‘rigged’ financial system
These entrepreneurs want to fix a ‘rigged’ financial system
Baiju Bhatt and Vlad Tenev launched Robinhood after witnessing outrage during the Occupy Wall Street movement The app allows users to buy and sell stocks for free. Now they’re on a mission to get all young Americans to invest and save.
8 September, 2017 by The TZ Newswire Staff Comments Off on This founder is putting women in control of dating
This founder is putting women in control of dating
After experiencing harassment online, Whitney Wolfe wanted to empower women. She started Bumble, a dating app that gives women control because they have to make the first move. Now she’s trying to bring feminism to dating everywhere.
8 September, 2017 by The TZ Newswire Staff Comments Off on Oil and Gas Stock Roundup: Putting Harvey in the Rearview Mirror
Oil and Gas Stock Roundup: Putting Harvey in the Rearview Mirror
Last week all eyes were on Hurricane Harvey, which barreled through southeast Texas leaving destruction in its wake. The storm caused significant flooding at several refineries, but many have since restarted. As of yesterday, only 12.8% of the country’s refining capacity was still offline due to the storm, a marked improvement from the more than 20% that shut down immediately following the hurricane.