Video by Steven Levine Senior market analyst Steven Levine discusses how AMC Entertainment managed to generate double what analysts had expected it to earn in Q1 2018 in light of traditional media disruptors Netflix and Amazon Prime. Video Length: 00:03:23
The price of precious metals, especially gold, reveals the true economic state of U.S. If today’s gold price is soaring high, it means that the economy is not healthy. It is because investors see gold as a safe haven on the verge of economic crisis. On the other hand, when the price of gold drops…
Semiconductors gap is almost closed. The Nasdaq gap is still quite a ways away…
So yesterday was a bit of a nail-biter, right? We had a looming, geo-political announcement that had the potential to rock markets and relationships between the U.S. and its allies… and enemies if we really want to be honest with the situation at hand. Leading up to the 2:00 hour for which President Trump was…
The Boeing Company (BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced…
I have been busy with some mundane non-market work stuff so I haven’t been following the ticks as closely as usual. Therefore, when I saw all the headlines about the “carnage” in the emerging markets sector, I was eager to dig in and see what all the excitement was about. I was expecting some big…
The consensus is that the economy’s doing great – and will continue to do well. Everything seems fine – right? Well, not exactly. I have been looking at some important – but little used – indicators that are showing very troublesome economic data. Here are three important indicators that will throw ice on the hot economy narrative the mainstream media…
I met Jim in Florida while taking a break from work about a month ago. My friend Mike said I had to meet this guy. “He loves crypto. You’re a bit of a skeptic of all things, Andy, but this guy is a true believer.” And according to Mike, Jim has made a ton of…
USD/CAD struggles to retain the advance from earlier this month, with the pair at risk for further losses following the failed attempt to test the 2018-high (1.3125). Meanwhile, EUR/USD extends the bearish sequence from earlier this year, with the Relative Strength Index (RSI) still flashing an extreme reading as the oscillator holds in oversold territory. USD/CAD…
Headline April BLS Report Misses Estimates April was another weak month for the labor market. Despite the strong ADP report, the BLS report only showed 164,000 jobs created as you can see in the chart below. The consensus estimate was for 191,000 jobs created. This caused the unemployment rate to fall 3.9% which was below…
