Reuters / Darrin Zammit Lupi A technical indicator called the “relative strength index” is the most stretched it’s been in 20 years, and the second-most extended since 1928, according to Morgan Stanley. While this doesn’t necessarily spell impending doom for stocks, it should give investors caution as they consider adding to positions. The further an […]
Tag: metric
One key metric shows how Netflix is dominating Hollywood
Netflix made more movies than any traditional Hollywood studio this year. The company plans to ramp up production of original content even more. Netflix, Inc. pioneered the concept of binge-viewing by releasing entire seasons of television programs at once. Watching multiple episodes at a sitting, or an entire season has proved wildly popular with consumers feasting […]
Police busted 5.5 metric tons of cocaine — the latest shipment from a growing South American drug hotspot
Diego Fuentes Acosta/Twitter Spanish authorities say they worked with Ecuadorean police to stop a freighter off the South American country’s coast carrying more than 5.5 metric tons of cocaine headed to Spain. Spanish national police also said another boat, a Venezuelan fishing vessel, was intercepted with 2.4 metric tons of cocaine. The Interior Ministry said Ecuadorean agents boarded the […]
