Another crisis in another nation and Bitcoin prices surge to another new high. Overnight chaos in Saudi Arabia has prompted Bitcoin to jump to $7590 – a new record high – ironically as Prince bin-Talal is arrested for money-laundering a week
November 5, 2017
AMC Entertainment Holdings Inc (NYSE: AMC) hasn’t exactly done well this year. Its stock has gone down over 60% as investors become less optimistic on the chain’s prospects. The company’s earnings reports haven’t exactly amazed and some investors are worried about future
Tax reform is one of those issues that is the worst of all possible worlds – it’s painfully boring to talk about let alone analyze but talking about it and analyzing it are necessary because sweeping changes to the tax
Friday saw a nice little finish for markets with the Nasdaq, Nasdaq 100, Semiconductor Index and S&P all doing well as strong earnings from multinationals keep the rally chugging along. The only index to remain on the outside was the Russell
Financial bubbles are the office Christmas parties of the investment world. They start slowly, with a certain amount of anxiety. But they end wildly, with acts and decisions that in retrospect seem really, really stupid. Millions of people out there
MLP investors are well aware that energy infrastructure securities move with crude oil, until that relationship inconveniently broke down during the summer. Although we move and process far more natural gas (on an energy equivalent basis) than oil, investor sentiment
Introduction Final FY2017 numbers have been reported for Visa (NYSE: V) and FY2018 is now underway. I previously wrote an article proposing my thesis that growth will slow (not stop) starting with Q1 FY2018 numbers and now that FY2017 is in the books,
Last week not only closed the books on the month of October and navigated through a sea of corporate earnings, we also endured another terror attack and saw the unveiling of the GOP’s Tax Cuts and Jobs Act. As if
Bank of England (BOE) hiked its benchmark interest rate by 25 basis points to 0.5%, reversing the August rate hike immediately after Brexit, as widely expected by economists. Despite relatively weak growth and uncertain terms of Britain’s deal with the
In the Currency Strength table, the USD was the strongest currency while the CHF was the weakest. There were some significant changes last week with the CAD gaining 3 points and the GBP losing 3 points. The other currencies remained around
