Analyst news

• Apollo and Workday are joining the S&P 500. Their shares are rallying.

  06-12-2024 23:57 via rocketnews.com
  Shares of investment firm Apollo Global Management and workplace cloud-services platform Workday rallied after hours on Friday, after S&P Dow Jones Indices said the two companies would join the S&P 500 index later this month.
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• GameStop’s stock is trading at a level that ignores the company’s challenges, says Wedbush

  06-12-2024 23:35 via rocketnews.com
  The videogame retailer’s shares jumped following the latest cryptic post from influential trader Keith Gill, aka “Roaring Kitty.”
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• What does Trump really think about Social Security?

  06-12-2024 22:57 via rocketnews.com
  Trump has promised to protect Social Security and Medicare, but lots of his fellow Republicans appear to have other ideas.
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• My ex-husband is worth 10 times what I’m worth. Is it fair that we contribute equally to our son’s college education?

  06-12-2024 22:35 via rocketnews.com
  “When I suggested I now want to pay less, my former spouse said he didn’t want to finance my savings.”
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• Has the time come to finally wear my Trump MAGA hat to work — what could go wrong?

  06-12-2024 22:27 via rocketnews.com
  “I saw a couple of colleagues wearing Kamala pins before the election, but I have not seen one Trump hat.”
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• Tesla’s stock closes at highest price in nearly 3 years. Here’s why it can keep going.

  06-12-2024 22:26 via rocketnews.com
  Tesla shares powered to their highest close in years on Friday, and BofA Securities recently laid out reasons why they can continue to rally.
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• The aging U.S. power grid is slowing Big Tech’s data centers and AI’s future

  06-12-2024 22:22 via rocketnews.com
  The Trump administration and state policymakers should ease regulations on utilities.
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• David Sacks and the coming crypto war over national security

  06-12-2024 21:54 via rocketnews.com
  The crypto industry and GOP will have to navigate thorny issues related to terrorism and international crime.
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• Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations

  06-12-2024 21:45 via rocketnews.com
  Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants that the Federal Reserve will cut borrowing costs this month.
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• U.S. consumer credit jumps in October as credit cards drive purchases

  06-12-2024 21:40 via rocketnews.com
  Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.
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• Why Powell and the Fed should pause interest-rate cuts in December

  06-12-2024 20:57 via rocketnews.com
  Some say November’s jobs data support holding monetary policy steady.
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• AMC enters agreement with Goldman to sell up to 50 million shares

  06-12-2024 20:49 via rocketnews.com
  AMC plans to use the proceeds from the sale of up to 50 million shares to “elevate and differentiate the movie-going experience” at its theaters.
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• Elon Musk’s X.AI wins $6 billion in private funding as the latest unicorn to avoid an IPO

  06-12-2024 20:42 via rocketnews.com
  X.Ai, a competitor to ChatGPT parent OpenAI, disclosed a large round of funding without the need to become a public company.
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• UnitedHealth shooting sparks security fears for execs but fixes are expensive and complicated

  06-12-2024 20:33 via rocketnews.com
  Security company execs have seen a dramatic increase in inquiries for services after the murder of Brian Thompson.
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• Palantir’s fiery stock surge has been polarizing. Here’s what the CEO thinks.

  06-12-2024 20:17 via rocketnews.com
  Palantir shares are up 1,100% off their lows, with skeptics voicing concern about the valuation.
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• Is the U.S. jobs market weaker than it looks? Here are some hints.

  06-12-2024 19:39 via rocketnews.com
  The U.S. has averaged a respectable 173,000 new jobs a month since September, in a sign the labor market is still pretty healthy — but warning signs are flashing.
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• How do I make sure my retirement accounts go to my wife, and then my kids, when I die?

  06-12-2024 19:30 via rocketnews.com
  Planning and proper documentation is required if your wishes are to be carried out
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• The stock market’s ‘fear gauge’ is trading at lows. Why retail investors should take note.

  06-12-2024 19:08 via rocketnews.com
  The  Cboe Volatility Index hasn’t been this low in months.
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• Tesla’s stock climbs to highest price in years. Here’s why it can keep going.

  06-12-2024 19:08 via rocketnews.com
  Tesla’s stock rallies toward a more than 2 1/2-year high, and BofA laid out reasons why it can rise even further.
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• UnitedHealth’s stock is down 10% this week as exec’s killing leads to criticism of claims treatment

  06-12-2024 19:04 via rocketnews.com
  Shares of health insurers and managed-care companies were falling across the board.
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• What’s in store for the U.S. housing market in 2025?

  06-12-2024 18:01 via rocketnews.com
  Also: The aging bull market for stocks, the UnitedHealth aftermath and advice from the Moneyist.
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• This is the best-performing AI stock this year and it isn’t even close (and it’s not Nvidia)

  06-12-2024 18:01 via rocketnews.com
  This company may not have spent as much time in the spotlight as AI chip powerhouse Nvidia, but its stock has soared in 2024.
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• People think $1 million is the magic number to start estate planning — but it’s much lower

  06-12-2024 17:21 via rocketnews.com
  The ideal time to start your estate-planning journey is when you turn 18, experts say — but that’s not what most people do.
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• Amazon has caught up in the AI race, analysts say, and its stock surges to another record

  06-12-2024 17:16 via rocketnews.com
  Amazon’s stock was heading for a third straight record close Friday, as the company’s AWS re:Invent conference gave analysts reason to believe it has caught up with its AI rivals.
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• OrganiGram purchasing Motif Labs to become Canada’s largest cannabis company by market share, as others retreat

  06-12-2024 16:44 via rocketnews.com
  OrganiGram to pay up to C$100 million ($70.7 million) for vape and prerolled cannabis specialist Motif.
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• Ulta Beauty’s stock on track for biggest gain in 2 years. One analyst says it’s still undervalued.

  06-12-2024 16:40 via rocketnews.com
  Beauty and cosmetics company’s latest earnings cheered investors and at least 17 analysts hiked stock price targets.
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• Consumer sentiment rises in December, so do inflation concerns

  06-12-2024 16:27 via rocketnews.com
  Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffs
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• Royal Caribbean’s stock is soaring and this new top bull says keep buying

  06-12-2024 14:46 via rocketnews.com
  Royal Caribbean’s stock is flying toward a record weekly win streak, and Wall Street’s new most-bullish analyst explains why you should keep buying.
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• UnitedHealthcare head Brian Thompson’s killing shines light on health-insurance denial rates

  06-12-2024 14:45 via rocketnews.com
  Words written on shell casings — “deny,” “defend” and “depose” — are leading to discussions about frustrations over the number of claims that get denied.
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• This market maven raised his S&P 500 target three times this year. Now he says there’s too many bulls

  06-12-2024 14:38 via rocketnews.com
  Contrarian indicators are making Ed Yardeni wary of a short-term pullback for stocks
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• Gold Price Forecast & Predictions for 2024 and Beyond

  06-12-2024 14:28 via litefinance.org
  
  A forecast for the gold price entails a comprehensive assessment of economic, political, and financial factors, as well as market trends, within the context of anticipated events and macroeconomic conditions.What are the prospects for gold in 2025? In light of the forthcoming central bank meetings, how will potential interest rate shifts impact the value of gold? Will gold retain its status as a safe-haven asset as the geopolitical turmoil increases? This article examines the historical data, pr
  
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• Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.

  06-12-2024 13:57 via rocketnews.com
  The athleisure-apparel company’s pivot to bright colors seems to be working.
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• Oil prices on track for weekly loss after OPEC+ fails to soothe supply worries

  06-12-2024 13:50 via rocketnews.com
  Oil futures fell Friday and were on track for weekly losses a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned unwind of production cuts failed to soothe fears of a crude surplus.
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• Billionaires have been beating the stock market — where they are putting their money now, according to UBS

  06-12-2024 13:41 via rocketnews.com
  The world’s wealthy individuals have a pretty decent track record over stocks in the past near decade. They are looking to preserve that wealth in 2025.
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• Big Tech’s data centers won’t get far unless the power grid is regulated less

  06-12-2024 13:35 via rocketnews.com
  The Trump administration and state policymakers should consider easing restrictions on utilities.
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• Wall Street veteran David Rosenberg offers up apology for his stock-market pessimism

  06-12-2024 13:15 via rocketnews.com
  The bears are capitulating — first Morgan Stanley, then JPMorgan, and now David Rosenberg, the former Merrill Lynch strategist who runs his own firm, Rosenberg Research.
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• ‘I’m trying not to go bankrupt’: My husband of 24 years asked for a divorce. He wants my cell-phone records. Should I report him for tax fraud?

  06-12-2024 13:07 via rocketnews.com
  “I would like to keep the house because my grown children and grandchildren reside there.”
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• Insurance giant Aviva agrees to buy Direct Line for $4.6 billion

  06-12-2024 13:05 via rocketnews.com
  Aviva, the U.K.’s largest insurance company, has agreed to fully-acquire Direct Line for 275 pence per share, or £3.6 billion ($4.6 billion)
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• XAU/USD: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

  06-12-2024 12:50 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 2723.47 with a target of 2418.82 – 2304.21. A sell signal: the price holds below 2723.47. Stop Loss: above 2730, Take Profit: 2418.82 – 2304.21. Alternative scenario: Breakout and consolidation above the level of 2723.47 will allow the asset to continue rising to the levels of 2880.00 – 3000.00. A buy signal: the level of 2723.47 is broken to the upside. Stop Loss: below 2715.00, Take Pr
  
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• WTI Crude Oil: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

  06-12-2024 12:20 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 71.56 with a target of 61.50 – 53.60. A sell signal: the price holds below 71.56. Stop Loss: above 72.00, Take Profit: 61.50 – 53.60. Alternative scenario: Breakout and consolidation above the level of 71.56 will allow the asset to continue rising to the levels of 77.90 – 83.75. A buy signal: the level of 71.56 is broken to the upside. Stop Loss: below 71.10, Take Profit: 77.90 – 8
  
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• USD/JPY: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

  06-12-2024 11:50 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 152.30 with a target of 141.65 – 138.08. A sell signal: the price holds below 152.30. Stop Loss: above 152.60, Take Profit: 141.65 – 138.08. Alternative scenario: Breakout and consolidation above the level of 152.30 will allow the pair to continue rising to the levels of 154.00 – 155.80. A buy signal: the level of 152.30 is broken to the upside. Stop Loss: below 152.00, Take Profit: 154.
  
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• GBP/USD: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

  06-12-2024 11:20 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3040 with a target of 1.2240 – 1.1900. A sell signal: the price holds below 1.3040. Stop Loss: above 1.3070, Take Profit: 1.2240 – 1.1900. Alternative scenario: Breakout and consolidation above the level of 1.3040 will allow the pair to continue rising to the levels of 1.3440 – 1.3800. A buy signal: the level of 1.3040 is broken to the upside. Stop Loss: below 1.3010, Take Profit: 1.34
  
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• Silver Will Recover Its Positions. Forecast as of 06.12.2024

  06-12-2024 11:14 via litefinance.org
  
  The capital flow from precious metals to stocks and cryptos was one of the main factors in silver's correction in November. However, Bitcoin has already exhausted its main driver, and capital may flow back to XAGUSD. Let’s discuss it and make a trading plan.Major Takeaways Silver may remain in deficit for a fifth consecutive year in 2025. Donald Trump's tariffs could slow China's demand. Holdings in metal-focused ETFs are expected to rise for the first time in three years. A break abo
  
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• EUR/USD: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

  06-12-2024 10:50 via litefinance.org
  
  Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 1.0703 with a target of 1.0193 – 1.0000. A sell signal: the price holds below 1.0703. Stop Loss: above 1.0730, Take Profit: 1.0193 – 1.0000. Alternative scenario: Breakout and consolidation above the level of 1.0703 will allow the pair to continue rising to the levels of 1.0790 – 1.0940. A buy signal: the level of 1.0703 is broken to the upside. Stop Loss: below 1.0680, Take Pr
  
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• USD/CHF: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

  06-12-2024 10:20 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8890 with a target of 0.8586 – 0.8386. A sell signal: the price holds below 0.8890. Stop Loss: above 0.8920, Take Profit: 0.8586 – 0.8386. Alternative scenario: Breakout and consolidation above the level of 0.8890 will allow the pair to continue rising to the levels of 0.9024 – 0.9222. A buy signal: the level of 0.8890 is broken to the upside. Stop Loss: below 0.8860, Take Profit: 0.90
  
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• USD/СAD: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

  06-12-2024 09:53 via litefinance.org
  
  Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3975 with a target of 1.4300 – 1.4500. A buy signal: the price holds above 1.3975. Stop Loss: below 1.3940, Take Profit: 1.4300 – 1.4500. Alternative scenario: Breakout and consolidation below the level of 1.3975 will allow the pair to continue declining to the levels of 1.3800 – 1.3711. A sell signal: the level of 1.3975 is broken to the downside. Stop Loss: above 1.4010, Take Profit:
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 06.12.2024

  06-12-2024 09:01 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 is trying to break through the short-term uptrend's key support 2634 - 2626.Major TakeawaysUSCrude: oil is declining after hitting the 68.68 level with the target at the November 18 low. XAUUSD: gold is trying to pierce the short-term uptrend's key suppo
  
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• US Dollar Loses Its Allure. Forecast as of 06.12.2024

  06-12-2024 07:35 via litefinance.org
  
  The market expects the fed funds rate to be reduced by year-end, which, when considered alongside the Trump trade retreat, will allow the EURUSD pair to weather the storm. Will the November jobs report boost the US dollar? Let's discuss this topic and make a trading plan.Major Takeaways The Fed will unlikely leave the rate at 4.75% in December. The actual employment numbers may differ from forecasts. Investors are getting rid of the US dollar due to the Trump trade retreat. The EURUSD pair will
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.12.2024

  06-12-2024 07:05 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Major Takeaways BTCUSD: The bullish momentum is exhausted. Expect a bearish correction to start. Consider short positions from the current level with Take Profit at 86,416.81. XRPUSD: A bearish correction has presumably started. Consider short positions with Take Profit at 1.715. ETHUSD: A bearish correction 4 has presumably started unfolding as a zigzag. Consider
  
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• Trump names David Sacks as White House ‘AI and crypto czar’

  06-12-2024 04:07 via rocketnews.com
  President-elect Donald Trump said Thursday night that venture capitalist David Sacks will join his administration as “AI and crypto czar.”
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