7 October, 2017 by The TZ Newswire Staff Comments Off on THE NASDAQ 100 HIT A RECORD HIGH THIS WEEK, BUT STILL LAGS BEHIND THE S&P 500 OVER THE LAST MONTH — RISING BOND YIELDS HAVE CAUSED THE QQQ TO LOSE MOST GROUND AGAINST FINANCIALS AND SMALL CAPS
THE NASDAQ 100 HIT A RECORD HIGH THIS WEEK, BUT STILL LAGS BEHIND THE S&P 500 OVER THE LAST MONTH — RISING BOND YIELDS HAVE CAUSED THE QQQ TO LOSE MOST GROUND AGAINST FINANCIALS AND SMALL CAPS
NASDAQ 100 HITS NEW HIGH… Chart 1 shows the
Powershares QQQ ETF hitting a record high this week. It was the last of the major stock indexes to do so, and its breakout is a positive sign for the market. It also did slightly better than the rest of the market. The QQQ, however, has still been a relative laggard over the last month. That’s shown by the falling…
7 October, 2017 by The TZ Newswire Staff Comments Off on NewsWatch: Some investors see signs stock market ‘on verge’ of a melt-up
NewsWatch: Some investors see signs stock market ‘on verge’ of a melt-up
Some market veterans see signs stocks are in the early stages of a melt-up.
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7 October, 2017 by The TZ Newswire Staff Comments Off on The Biggest Losers If T-Mobile and Sprint Merge
The Biggest Losers If T-Mobile and Sprint Merge
T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S) are reportedly close to agreeing on terms to merge their businesses. The combined wireless carrier would have about 130 million customers, nearly as many as both AT&T (NYSE: T) and Verizon.
7 October, 2017 by The TZ Newswire Staff Comments Off on State Of Emergency Declared Across Southeastern US As Hurricane Nate Looms
State Of Emergency Declared Across Southeastern US As Hurricane Nate Looms
After battering Honduras and Nicaragua with 80 mph winds and torrential rains that caused an estimated $250 million in damage, Hurricane Nate is rapidly advancing toward the US Gulf Coast and is expected to make landfall late Saturday in southeastern Louisiana, not far from where Hurricane Katrina landed in 2005. Experts expect that, once it’s course, the storm will have caused as much as $1 billion in damages across the US and Central America, far short of the tens of billions of dollars of destruction wrought by Irma and Harvey.
7 October, 2017 by The TZ Newswire Staff Comments Off on Trump reaches out to Democrats in bid for ‘great’ health law
Trump reaches out to Democrats in bid for ‘great’ health law
Trying to revive health care talks, President Donald Trump tweeted Saturday that
7 October, 2017 by The TZ Newswire Staff Comments Off on Better Buy: American Outdoor Brands, Ruger, or Axon?
Better Buy: American Outdoor Brands, Ruger, or Axon?
Guns and tasers are both big sellers to law enforcement agencies and consumers, but their manufacturers’ stocks have very different qualities for investors. Gun sales are extremely cyclical. They rise when Democrats are in national office or after unusually publicized mass shootings take place, and fall when Republicans have control of the gun control discussion.
7 October, 2017 by The TZ Newswire Staff Comments Off on No Grimace Here! This Fast-Food Chain Is Loving Marijuana’s Expansion
No Grimace Here! This Fast-Food Chain Is Loving Marijuana’s Expansion
At the federal level, marijuana is a wholly illegal substance currently categorized as schedule I. As a schedule I drug, it has no recognized medical benefits, and is thusly considered to be just as dangerous as heroin or LSD.