Analyst news

• MIDEAST STOCKS-Saudi index retreats from multi-year peak; Gulf rivals also fall

  24-03-2019 16:18 via rocketnews.com
  * Petrochemicals and banks weigh on Saudi index * SHUAA Capital surges on merger talks * Banking shares fall in Abu Dhabi DUBAI, March 24 (Reuters) – Saudi Arabia’s stock market closed lower on Sunday, along with other Gulf markets, having ended the previous week at its highest in nearly four years after inclusion in the FTSE Russell’s emerging-market index. Saudi’s Tadawul index will have a weighting of 2.9 percent in the FTSE Emerging All Cap Index and this year will j
  
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• Happy Thingyan Day to our Myanmar clients

  16-04-2024 23:01 via litefinance.org
  
  Dear Clients,LiteFinance sincerely congratulates all Myanmar people on the sacred holiday of Thingyan. May the waters of celebration wash over us all, bringing prosperity, happiness, and peace in the year ahead.We remind you that in honor of the holiday, a special bonus is valid throughout April. Receive 100% on every deposit of $100 or more by activating the promo code THINGYAN24 when making a deposit.Happy Thingyan Holiday!Best wishes,LiteFinance Read more
  
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• ‘Extremely active’ hurricane season may lead to late-summer surge in gas prices

  16-04-2024 20:19 via rocketnews.com
  U.S. gasoline prices at the pump probably aren’t too far from their likely peak this year, but aparticularly active Atlantic hurricane season could lead to a late-summer surge in fuels costs, analysts warned Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. gasoline prices at the pump probably aren’t too far from their likely peak this year, but aparticularly active Atlantic hurricane season co
  
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• Live Nation’s stock falls on report of pending Justice Department antitrust suit

  16-04-2024 17:35 via rocketnews.com
  Shares of Ticketmaster parent Live Nation Entertainment fell after hours on Monday following a report that the Justice Department could soon file an antitrust suit accusing the concert-ticketing giant of stifling competition.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Ticketmaster parent Live Nation Entertainment fell after hours on Monday following a report that the Justice Department could soon file a
  
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• Fund managers are giving up on bonds in a way they haven’t in 20 years

  16-04-2024 16:44 via rocketnews.com
  Fund-manager allocations to bonds dropped by the most in more than 20 years as they become more optimistic on growth while becoming less convinced the Fed will succeed in fighting inflations, a survey published Tuesday showed.
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  [mwai_chat context=”Let’s have a discussion about this article:nnFund-manager allocations to bonds dropped by the most in more than 20 years as they become more optimistic on growth while becoming less convinced
  
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• IMF projects sharply stronger growth for U.S. in 2024

  16-04-2024 15:00 via rocketnews.com
  The outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International Monetary Fund said Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International
  
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• Stock-market pullbacks are price of admission. Historically, markets rise afterwards, this strategist says.

  16-04-2024 14:41 via rocketnews.com
  Keith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not a pullback of more than 5%.
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  [mwai_chat context=”Let’s have a discussion about this article:nnKeith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not
  
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• Gold price skyrockets. Forecast as of 16.04.2024

  16-04-2024 11:21 via litefinance.org
  
  One of the most well-known investment edicts is "Do not fight the Fed." In 2024, gold refrains from following this principle. The precious metal disregards US inflation and monetary policy, continuing to grow steadily. Let's discuss it and make a trading plan.Monthly fundamental forecast for goldIn 2024, the intermarket analysis became inefficient. In the first quarter, investors wondered how the S&P 500 index, seen as a global risk appetite barometer, and a safe-haven asset like t
  
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• Dr. Martens shares lose a third of their value on U.S. warning

  16-04-2024 11:11 via rocketnews.com
  Shares of iconic shoe brand Dr. Martens fell as much as 32% on Tuesday as the company’s U.S. business is going so badly it needs to extend paying for additional storage space as it announced its chief executive will leave.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of iconic shoe brand Dr. Martens fell as much as 32% on Tuesday as the company’s U.S. business is going so badly it needs to extend
  
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• Short-term analysis for oil, gold, and EURUSD for 16.04.2024

  16-04-2024 09:39 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold corrected to the resisance area 2401 - 2371.Oil price forecast for today: USCrude analysisYesterday, oil attempted to break through support (A) 84.36 - 84.09. However, the price remained above this area. The short-term uptrend remains. Today, the uptrend
  
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• U.K. sees biggest jobless rise since the pandemic

  16-04-2024 08:48 via rocketnews.com
  The U.K. saw the biggest jump in unemployment since the pandemic, according to data released Tuesday that reinforces the likelihood the Bank of England will soon lower interest rates.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.K. saw the biggest jump in unemployment since the pandemic, according to data released Tuesday that reinforces the likelihood the Bank of England will soon lower interest rates.nnDisc
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.04.2024

  16-04-2024 08:42 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisThe BTCUSD market is forming a sideways correction (4) as a flat  A-B-C. Wave A has finished as a zigzag and wave B has completed as a triple zigzag. The final wave C is developing as a bearish impulse, with sub-wave [5] developing inside. The Bitcoin price could reach th
  
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• Dollar is on the force side. Forecast as of 16.04.2024

  16-04-2024 08:32 via litefinance.org
  
  If Israel does not respond to Iranian airstrikes, it will be seen as weak. If retaliation takes place, the EURUSD risks falling even deeper. Moreover, the US economy is thriving. Let's talk about these topics and draw up a trading plan.Weekly US dollar fundamental forecastYou can't stop consumers when they're employed, and wage growth is near multi-year highs. An explosion in US retail sales rocked bond and currency markets, sending the USD index soaring to five-month highs. The stronger consume
  
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• Live Nation stock falls on report of pending Justice Department antitrust suit

  15-04-2024 23:55 via rocketnews.com
  Shares of Ticketmaster parent Live Nation Entertainment Inc. fell after hours on Monday following a report that the Justice Department could file an antitrust suit against the concert-ticketing giant in the weeks ahead.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Ticketmaster parent Live Nation Entertainment Inc. fell after hours on Monday following a report that the Justice Department could file an anti
  
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• Oil’s rally took a breather after Iran’s attack on Israel. Is $100 a barrel still in the cards?

  15-04-2024 23:13 via rocketnews.com
  Oil’s climb toward $100 a barrel came to a halt on Monday, but whether the market is taking a temporary breather from its rally or has hit a long-term snag remains to be seen.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil’s climb toward $100 a barrel came to a halt on Monday, but whether the market is taking a temporary breather from its rally or has hit a long-term snag remains to be seen.nnDiscussi
  
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• One thing Biden and Trump agree on: Keeping this $10,000 Chinese EV out of the U.S.

  15-04-2024 20:21 via rocketnews.com
  While they’re still not available in the U.S., Chinese electric vehicles have nonetheless been a hot topic here this year, in corporate boardrooms as well as on the presidential campaign trail.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWhile they’re still not available in the U.S., Chinese electric vehicles have nonetheless been a hot topic here this year, in corporate boardrooms as well as on the pr
  
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• How the WNBA is preparing for Caitlin Clark and the historic 2024 draft class

  15-04-2024 19:13 via rocketnews.com
  Monday is the WNBA draft, and Clark is expected to be selected No. 1 by the Indiana Fever. Ticket prices for its road games are already up 151% compared with last season.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMonday is the WNBA draft, and Clark is expected to be selected No. 1 by the Indiana Fever. Ticket prices for its road games are already up 151% compared with last season.nnDiscussion:nn” ai_name=&
  
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• Salesforce’s stock sinks as report of talks to buy Informatica raises concerns

  15-04-2024 17:32 via rocketnews.com
  Salesforce’s stock slumped Monday, as a report that the business-software giant was in advanced talks to buy data-management software company Informatica Inc., which was valued at more than $11 billion, raised margin concerns.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSalesforce’s stock slumped Monday, as a report that the business-software giant was in advanced talks to buy data-management software
  
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• Retail sales rise sharply and could boost U.S. GDP in the first quarter

  15-04-2024 14:35 via rocketnews.com
  Sales at retailers rose a robust 0.7% in March and outlays in February were also stronger than initially reported, indicating the economy got a decent boost from consumer spending in the first quarter.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSales at retailers rose a robust 0.7% in March and outlays in February were also stronger than initially reported, indicating the economy got a decent boost from consumer
  
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• Short Selling: How To Short Sell Stocks

  15-04-2024 11:50 via litefinance.org
  
  One of the most promising trading opportunities in the financial markets is making money from the rise and fall of a trading asset’s price. Public company stock is no exception. Being a short seller means selling shares of a selected company to profit from the price difference. A shorted stock is sold at the highest price and bought at a lower price later. You may wonder how an investor or a trader can sell something they don't own. So, this article will parse the questions related to
  
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• Brent may soar if Middle-East conflict escalates. Forecast as of 15.04.2024

  15-04-2024 11:47 via litefinance.org
  
  Will Israel respond to Iran's first attack on its territory? It was widely expected, so asset managers decided to sell Brent on the facts. The damage was insignificant. However, will it stop Jerusalem from retaliating? Let us discuss this topic and make up a trading plan for Brent.Monthly oil fundamental forecastThe ancient Greeks believed that revenge could be endless, as acts of retaliation beget new acts of retaliation. Will Israel retaliate for Iran's air strikes? The market thinks it w
  
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• Aluminum, nickel prices surge after fresh sanctions on Russian metals

  15-04-2024 10:43 via rocketnews.com
  Prices for aluminum and nickel soared in London on Monday, following the ban on fresh trading of Russian-origin metals by U.S. and U.K. authorities over the weekend.
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  [mwai_chat context=”Let’s have a discussion about this article:nnPrices for aluminum and nickel soared in London on Monday, following the ban on fresh trading of Russian-origin metals by U.S. and U.K. authorities over the weekend.nnDiscussion:nn” ai_name=”Rock
  
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• Short-term analysis for oil, gold, and EURUSD for 15.04.2024

  15-04-2024 09:24 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold's short-term trend turned bearish.Oil price forecast for today: USCrude analysisThe oil price corrected again to support (A) 84.36 - 84.09. Support (A) is not broken through, so consider new purchases within the short-term uptrend. The bullish target wil
  
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• The step-by-step investor guide to navigating armed conflicts

  15-04-2024 09:00 via rocketnews.com
  This survival guide is not specific to any particular crisis at hand but based on an analysis of the extensive empirical literature on the impact of wars, civil wars, terror acts, and similar events.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThis survival guide is not specific to any particular crisis at hand but based on an analysis of the extensive empirical literature on the impact of wars, civil wars, terror
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 15.04.2024

  15-04-2024 08:49 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisThe BTCUSD market is forming a sideways correction (4) as a flat  A-B-C. Wave A has finished as a zigzag and wave B has completed as a triple zigzag. The final wave C is developing as a bearish impulse, with the corrective sub-wave [4] developing inside. Next, the Bitcoin
  
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• The ‘opportunity of a lifetime’ may unfold for gold and silver this week, amid Middle East tensions

  15-04-2024 08:31 via rocketnews.com
  A selloff in the stock market can, as it has in the past, lead investors to seek out ways to cover their losses, including a sale of their precious-metals holdings.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA selloff in the stock market can, as it has in the past, lead investors to seek out ways to cover their losses, including a sale of their precious-metals holdings.nnDiscussion:nn” ai_name=”Rocket
  
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• Euro turned into an outsider. Forecast as of 15.04.2024

  15-04-2024 08:02 via litefinance.org
  
  Investors again discuss divergence in monetary policy. The different speeds of monetary easing and different start dates put serious pressure on the EURUSD. Let's discuss the Forex outlook and make up a trading plan.Weekly Euro fundamental forecastCentral banks usually act in sync, being led by the Fed. However, if any of the regulators decides to deviate from the common trajectory, it and its currency become outsiders. The European Central Bank's desire for independence resulted in the collapse
  
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• Fresh uncertainty around Fed rate cuts exposes the stock market’s winners and losers

  14-04-2024 18:01 via rocketnews.com
  Higher U.S. inflation is dashing investors’ hopes for multiple Federal Reserve rate cuts this year, while opening the door to 5% Treasury yields across the board and cleaving the stock market into distinct categories of winners and losers.
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  [mwai_chat context=”Let’s have a discussion about this article:nnHigher U.S. inflation is dashing investors’ hopes for multiple Federal Reserve rate cuts this year, while opening the doo
  
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• Netflix earnings on deck. It could be a lot harder to please investors this time around.

  14-04-2024 16:01 via rocketnews.com
  Netflix’s stock has been on a tear over the past year, as the streaming platform gradually adopts the traits of the thing it once upended — a regular TV station.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnNetflix’s stock has been on a tear over the past year, as the streaming platform gradually adopts the traits of the thing it once upended — a regular TV station.nnDiscussion:nn” ai_
  
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• Apple’s stock was the Dow’s biggest winner this week — for the first time since November

  13-04-2024 00:37 via rocketnews.com
  Apple Inc.’s weekly stock gain wasn’t too much to write home about in the absolute, but it was good enough to be the largest in the Dow Jones Industrial Average.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnApple Inc.’s weekly stock gain wasn’t too much to write home about in the absolute, but it was good enough to be the largest in the Dow Jones Industrial Average.nnDiscussion:nn” ai_
  
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