Analyst news

• The Ratings Game: Datadog’s stock shrugs off downgrade as some say Amazon AWS trends bode well

  27-10-2023 23:47
  Datadog Inc. shares shrugged off a Wells Fargo downgrade Friday as Wall Street saw positive read-throughs for the observability company in Amazon.com Inc.’s latest cloud-computing results.Amazon AMZN, +6.83%late Thursday offered what many saw as upbeat forward-looking commentary on its AWS cloud-computing business, as management acknowledged that customers are still “optimizing” their spending, or looking to get the most for their money, but that those optimization trends are &
  
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• Beth Pinsker: Is it better to buy bonds or bond funds? It depends how hard you are willing to work.

  27-10-2023 23:13
  Billions of dollars are flowing into bonds right now — particularly Treasury products — as yields surge and prices drop, which makes the amount of fixed income in your personal portfolio a mere drop in the bucket, even if you’re a millionaire.  Say, for instance, you’re making your regular biweekly 401(k) contribution, which is the way that most people invest. If you max out at the yearly $22,500 contribution limit, and you have a fairly conservative 60/40 portfolio,
  
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• Brett Arends’s ROI: Sell the S&P 500. Buy this instead.

  27-10-2023 23:08
  Every two weeks, all around the country, working Americans have money deducted from their paychecks and diverted into their 401(k)s. This probably includes you. A lot of that money is then invested in just one thing: A fund that owns the S&P 500 index SPXof large U.S. companies. People typically assume this means they are spreading their money across a wide, diversified range of big company stocks. But do they realize what they are really buying?Read: ‘We’re not in Kansas an
  
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• The Moneyist: My mother guaranteed my brother’s mortgage — using her home as collateral. What happens if she needs long-term care or she dies?

  27-10-2023 23:05
  Dear Quentin,My mother and stepfather just cosigned for a mortgage for my brother. My mom said their house is being used as collateral. If my brother can’t pay his mortgage, our mother will have to pay it for him, or the bank will take her house, right? Also, what happens if my mother and stepfather both pass away and my brother’s house is not paid off? What happens if one of them needs assisted care and the house needs to be sold for that? They are both in their mid 70s. The Ot
  
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• The Moneyist: My ex-husband tried to secretly sell our rental home. He now suggests a 70-30 split as he paid maintenance for 20 years. Is that fair? 

  27-10-2023 23:02
  Dear Quentin,My ex-husband and I have been divorced for 20 years, after being married for 11 years. We separated and he went to Georgia to file for divorce, stating in the decree that there was no marital property to divide. We actually have a marital home in North Carolina that we lived in for about five years before we lived overseas.  Apparently he tried to sell the home and discovered that he could not because I am on the deed — although I am not the loan. He finally reached
  
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• Market Snapshot: Dow closes at lowest since March as S&P 500 joins Nasdaq in correction territory

  27-10-2023 22:42
  U.S. stocks capped off a volatile week with more losses on Friday and only the Nasdaq finishing in the green as the S&P 500 index joined the tech-heavy gauge in correction territory. What happened The S&P 500 SPXwas down 19.86 points, or 0.5%, to 4,117.37.The Nasdaq Composite COMPgained 47.41 points, or 0.4%, to 12,643.01.The Dow Jones Industrial Average DJIAshed 366.71 points, or 1.1%, to 32,417.59. U.S. stocksbooked heavy losses this week, with the Dow Jones Industrial Average seeing i
  
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• Market Extra: Stocks to struggle for traction as markets play ‘game of chicken’ with Fed on higher-for-longer interest rates

  27-10-2023 22:13
  There’s a widening gulf in expectations between financial markets and the Federal Reserve centered on traders’ doubts that the central bank will be able to stick with its higher-for-longer theme on interest rates. Data over the past two days points to a U.S. economy with plenty of momentum left, with third-quarter U.S. economic growth and the monthly headline PCE inflation for September each coming in higher than expected. Nonetheless, fed funds futures traders stuck with a 78.6% lik
  
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• Market Extra: S&P 500 index enters a correction. Here’s what it means for future performance.

  27-10-2023 22:03
  The S&P 500 index closed in correction territory on Friday, the 103rd time in history.The gauge of large-cap U.S. equities SPXfell 19.8 points, or 0.5% to end at around 4,117 Friday afternoon, according to preliminary FactSet data, meaning it is down 10.3% from a previous cyclical high of 4,588.96 reached on July 31, 2023. FactSet, Dow Jones market dataThe Nasdaq Composite entered a correction on Wednesday.In the past 15 corrections for the S&P 500, it took an average of three months for
  
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• The Fed: Fed won’t raise rates next week and hopes that they’re done

  27-10-2023 21:49
  The Federal Reserve will hold interest rates steady at its meeting next week, extending the pause that began after the last rate hike in July.The central bankers are giving off signals that they’d like to remain on the sidelines for some time, but will continue to keep alive the possibility of a hike in December, said Josh Shapiro, chief U.S. economist at MFR Inc.“They’re not going to do anything. I think that they’re hoping they are done, but I don’t think they are
  
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• Bond Report: Treasury yields finish with weekly declines for second time in past three weeks

  27-10-2023 21:47
  Treasury yields ended little changed to slightly lower on Friday as investors assessed September PCE inflation data that offered a bit of both good and bad news. Two-, 10- and 30-year yields finished with weekly declines for the second time in the past three weeks. What happened The yield on the 2-year Treasury BX:TMUBMUSD02Ydeclined 2.9 basis points to a two-week low of 5.010% from 5.039% on Thursday. The rate fell 7.2 basis points this week, the largest weekly decline in about a month. The yie
  
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• Market Extra: ‘Magnificent Seven’ stocks have shed more than $1.2 trillion in value since the market’s July peak

  27-10-2023 21:39
  The so-called “Magnificent Seven” megacap technology stocks that have powered practically all of this year’s rally in the S&P 500 have seen more than $1.2 trillion in value evaporate since stocks peaked at the end of July.According to an analysis by Dow Jones Market Data, the group of the most valuable U.S. companies by market capitalization has shed $1.24 trillion in market capitalization since July 31, the day the S&P 500 logged its year-to-date closing high of 4,588.
  
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• : Mickey Mantle’s childhood home could be the next big IPO

  27-10-2023 16:49
  Mickey Mantle’s childhood home is up for sale, and you can buy it without having to worry about high interest rates. 47,000 shares of Mantle’s childhood home in Commerce, Okla. are being sold for $7 each on Friday by an alternative asset and collectibles company called Rally.Rally allows investors to buy a stake in collectibles including vintage cars, rare comic books, and even a giant triceratops skull. Rally manages assets, like the dinosaur skull and Mantle’s home, and sells
  
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• Market Snapshot: Nasdaq headed for 3rd week in the red despite boost from strong Amazon earnings

  27-10-2023 16:36
  U.S. stocks were slightly higher Friday morning, buoyed by well-received results from megacap technology stock Amazon.com and the latest batch of spending and inflation data.However, the S&P 500 and Dow remained on track to fall for a second straight week, while the Nasdaq was poised for a third week of declines. All three indexes are on track to log their sixth weekly loss in eight.What’s happening The S&P 500 SPXgained 8 points, or 0.2%, to 4,145.The Nasdaq Composite COMPgained 1
  
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• Need to Know: High-yielding stocks have been the worst bet this year. Here’s one way to improve that.

  27-10-2023 14:36
  Early skirmishing in futures suggests the S&P 500 may recover a small portion of the 2.6% it shed in just the last two sessions. Big tech has done most of that damage, but a pop for Amazon.com on Friday following its results may halt the carnage, for now. It’s turbulent times like these when dividend income appears more appealing to many investors. The good news, via a new note from David Kostin, chief U.S. equity strategist at Goldman Sachs, is that S&P 500 dividend per share will
  
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• Economic Report: Inflation rises faster than expected, Fed’s preferred PCE price tracker shows

  27-10-2023 14:36
  The numbers: The cost of goods and services rose a higher-than-expected 0.4% in September, keeping the pressure on the Federal Reserve as it weighs whether to raise interest rates again. Inflation as measured by the so-called PCE price index rose 0.4% for the second month in a row, spurred in part by higher oil prices.The index has risen 3.4% over the past year, unchanged from the prior month, the government said Friday. That leaves it well above the Federal Reserve’s 2% target.The PCE pri
  
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• XAUUSD: Elliott wave analysis and forecast for 27.10.23 – 03.11.23

  27-10-2023 14:30 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1950.36 with a target of 2023.50 – 2060.00.Alternative scenario: breakout and consolidation below the level of 1950.36 will allow the pair to continue declining to the levels of 1903.00 – 1881.60.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with the first wave 1 of (5) formed as its part. Apparently, a down
  
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• Movers & Shakers: Shares of Amazon, Intel climb after earnings beats, as NatWest and Sanofi tumble on warnings, and other stocks on the move

  27-10-2023 14:30
  Here are some of the day’s biggest movers: Stock gainers: Intel Corp. stock INTC, -0.94%jumped 8% after the chipmaker beat expectations for its third quarter and delivered an upbeat forecast for the current quarter.Amazon.com Inc. AMZN, -1.50%shares rose 5% after the e-commerce giant delivered a massive earnings beat.Stock of Decker Outdoors Corp. DECK, -1.59%rallied 10% after the maker of Ugg boots and Hoka sneakers reported fiscal second-quarter results that sailed past Wall Street expec
  
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• Market Extra: The market is almost always wrong about what the Fed will do next, Wall Street economist warns

  27-10-2023 14:25
  One Wall Street economist has a reminder for investors ahead of next week’s Federal Reserve meeting: don’t get too excited about the prospect of interest-rate cuts next year.That is because the market’s perception of what the Fed might do over the months and years ahead is often incorrect — sometimes wildly so. While traders often have a good idea about what the Fed might do at the next meeting, beyond that, it is mostly guesswork. In his latest note to clients shared wit
  
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• The Ratings Game: Amazon just taught Wall Street a new word — and it’s a good one for the bulls

  27-10-2023 14:19
  Amazon.com Inc. investors wanted to hear talk of a “reacceleration” in the company’s cloud-computing business. Instead they learned a new word. It’s no secret that cloud-computing customers have been “optimizing” their spending lately, or looking for ways to make workloads more efficient. So how is the optimization trend playing out for Amazon AMZN, -1.50%these days? It’s “meaningfully attenuating,” per Chief Executive Andy Jassy.He dropped t
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 27.10.23 – 03.11.23

  27-10-2023 14:00 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 91.20 with a target of 80.00 – 76.36.Alternative scenario: breakout and consolidation above the level of 91.20 will allow the asset to continue rising to the levels of 95.65 – 102.00.Analysis: the first wave of larger degree (1) is presumably formed, a descending correction developed as second wave (2), and the third wave (3) started unfolding on the daily chart. The first wave of smaller degree 1 of (3) is p
  
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• USDJPY: Elliott wave analysis and forecast for 27.10.23 – 03.11.23

  27-10-2023 13:30 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 148.65 with a target of 152.50 – 155.00. Alternative scenario: breakout and consolidation below the level of 148.65 will allow the pair to continue declining to the levels of 147.14 – 144.36. Analysis: an ascending wave of larger degree C continues forming on the daily chart, with the fifth wave (5) of C unfolding as its part. On the H4 chart, there's wave  3 of (5) forming, with wave v of 3 dev
  
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• Fractal Trading

  27-10-2023 13:01 via litefinance.org
  
  Trading using fractals is one of the variants of the Price Action system, where the key element of the trading strategy is the use of chart patterns. The developer of the classic fractal indicator is Bill Williams, who described the breakout trading model in his book “Trading Chaos” in 1995. Later, the theory was further developed and supplemented. A reversal fractal and a trend continuation fractal were identified, and principles for the formation of a fractal signal were developed.
  
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• GBPUSD: Elliott wave analysis and forecast for 27.10.23 – 03.11.23

  27-10-2023 13:00 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2035 with a target of 1.2465 – 1.2590.Alternative scenario: breakout and consolidation below the level of 1.2035 will allow the pair to continue declining to the levels of 1.1758 – 1.1420.Analysis: the first wave of larger degree (1) is presumably formed on the daily chart, and a bearish correction started developing as second wave (2). Wave А of (2) is formed on the H4 time frame, and a bullish correc
  
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• Should we sell the franc? Forecast as of 27.10.2023

  27-10-2023 12:43 via litefinance.org
  
  Many bearish factors have already worked or will work out soon for the USDCHF, but does that mean the buyers have nothing to worry about? A sacred space is never empty. The franc may get new trumps. Let’s discuss it and make a trading plan.Weekly fundamental forecast for francThe franc is a rare rock the USD is crushing against. The USD's rally on growing bond yields, falling stock indexes, and worsening financial conditions were supposed to bury all the rivals. However, the Swissie stood
  
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• EURUSD: Elliott wave analysis and forecast for 27.10.23 – 03.11.23

  27-10-2023 12:30 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0446 with a target of 1.0765 – 1.0858.Alternative scenario: breakout and consolidation below the level of 1.0446 will allow the pair to continue declining to the levels of 1.0256 – 1.0100.Analysis: a bearish wave of larger degree A is presumably completed on the daily chart. A bullish wave B started unfolding, with the first counter-trend wave 1 of (A) of B formed as its part. A downside correction appears t
  
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• USDCHF: Elliott wave analysis and forecast for 27.10.23 – 03.11.23

  27-10-2023 12:00 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9242 with a target of 0.8807 – 0.8706. Alternative scenario: breakout and consolidation above the level of 0.9242 will allow the pair to continue rising to the levels of 0.9352 – 0.9540.Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily time frame, with wave 1 of (5) formed as its part. A bullish correction is currently unfolding as second wave 2 of (5). Wave of
  
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• USDCAD: Elliott wave analysis and forecast for 27.10.23 – 03.11.23

  27-10-2023 11:31 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3658 with a target of 1.4100 – 1.4300. Alternative scenario: breakout and consolidation below the level of 1.3658 will allow the pair to continue declining to the levels of 1.3412 – 1.3090.Analysis: the bullish first wave of larger degree (1) is presumably developing on the daily time frame, with the fifth wave 5 of (1) forming as its part. The third wave of smaller degree iii of 5 is developing on the
  
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• NerdWallet: How to plan for—and talk about—a future inheritance

  27-10-2023 11:03
  This article is reprinted by permission from NerdWallet.  The amount of wealth millennials and Gen Xers stand to inherit from their parents and grandparents almost defies comprehension: According to Cerulli Associates, a Boston-based research and consulting firm, $84.4 trillion in wealth will be transferred between 2021 and 2045, primarily from baby boomer households to younger generations.Inheritances aren’t just for the rich: Less than half of the total volume of transfers is expect
  
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• NerdWallet: Candy prices are a whopper, but this hottie is among the cheapest brands

  27-10-2023 11:03
  This article is reprinted by permission from NerdWallet.  Forget the ghouls and ghosts — inflation is spooky enough. And it’s coming for your Halloween candies. Candy and gum prices rose 7.5% between September 2022 and September 2023, according to the Bureau of Labor Statistics. For context, the broader category of grocery prices increased 3.7% over that time frame. Why is candy so expensive? Beyond overall inflation, which rose 3.7% year over year since September
  
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• Next Avenue: The many advantages of hiring a travel guide for your next trip

  27-10-2023 11:01
  This article is reprinted by permission from NextAvenue.org. When I was a young adult, the thought of hiring a guide or going on a group tour was anathema to me. How uncool, I thought! How pedestrian. But once I got divorced and was traveling in my 50s and 60s, often solo and on complicated and exotic trips, I came to appreciate how wonderful it is to have a guide.Case in point: On a recent trip to the Galápagos Islands in Ecuador, our plane was delayed and my sister and I arriv
  
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• Kelley Blue Book: The 2024 Toyota Camry Hybrid review: The reliable, roomy midsize sedan gets 52 mpg

  27-10-2023 11:00
  Pros Roomy and comfortable Great fuel economy Decent power Cons Showing its age What’s new? No major changesThe 2024 Toyota Camry Hybrid puts many Toyota TM, -2.04%attributes — reliability and fuel economy, for example — into one excellent midsize sedan. Pricing starts at $28,855. Not everyone who would like a hybrid will be happy with the compact dimensions of the Prius. The Camry Hybrid is the next logical step. It’s a roomy midsize sedan with an excellent track record
  
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• Market Snapshot: S&P 500 futures rise after well-received Amazon and Intel results

  27-10-2023 10:53
  U.S. stock futures pointed to brighter start on Friday to wrap up a difficult week, buoyed by well-received results from megacap tech stock Amazon.com.What’s happening Dow Jones Industrial Average futures YM00, +0.19%rose 95 points, or 0.3%, to 32971 S&P 500 futures ES00, +0.48%gained 23 points, or 0.6%, to 4180 Nasdaq 100 futures NQ00, +0.90%increased 122 points, or 0.9%, to 14316On Thursday, the Dow Jones Industrial Average DJIAfell 252 points, or 0.76%, to 32784, the S&P 500 SPX
  
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• Short-term analysis for oil, gold, and EURUSD for 27.10.2023

  27-10-2023 09:12 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for 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 trading up in the short term.Oil price forecast for today: USCrude analysisThe short-term oil downtrend continues. The market is being corrected up currently. I suggest entering shorts with a target at the low of October 25. When the indicated high is bro
  
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• Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.10.2023

  27-10-2023 08:47 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 analysisBTCUSD is forming a double zigzag W-X-Y. The final motive wave Y is unfolding as a standard zigzag [A]-[B]-[C]. Impulse (5) is developing within the first impulse wave [A], and the Bitcoin price should go up to a high of 35261.15. The market could turn down once the indic
  
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• Dollar loses momentum. Forecast as of 27.10.2023

  27-10-2023 08:28 via litefinance.org
  
  Investors bought the news that US GDP would accelerate in the third quarter and sold the fact. As a result, the EURUSD has been up. Will the bulls go ahead? Let's discuss this topic and make up a trading plan.Weekly US dollar fundamental forecastThe impressive growth of the US economy, which accelerated to 4.9% in the second quarter, is not endless. Over the summer, Americans saved less, and their real incomes fell. That means lower spending in the coming months, and coupled with wars in Ukraine
  
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• Key Words: Maine legislator who opposed assault-weapons bans says ‘time has come for me to take responsibility for this failure’

  27-10-2023 03:55
  “‘I have opposed efforts to ban deadly weapons of war like the assault rifle he used to carry out this crime. The time has now come for me to take responsibility for this failure. ‘” — Rep. Jared GoldenThat’s Jared Golden, a Democrat who represents Maine’s second district — home to Lewiston, where a man went on a shooting rampage at a bar and a bowling alley, killing at least 16 people and wounding many others.Golden, who previously opposed ef
  
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• Earnings Results: Amazon makes big progress on profits, and its stock heads higher

  27-10-2023 03:48
  Amazon.com Inc.’s stock ended Thursday’s choppy after-hours trading about 5% higher as the technology’s profit progress appeared to overshadow a slight miss on quarterly cloud sales and a soft fourth-quarter outlook. The seesawing stock movement initially started after Amazon  AMZN, -1.50%released results showing that third-quarter revenue swelled 13% to $143.1 billion from $127.1 billion in the same quarter last year. That exceeded the FactSet consensus of $141.5 billion.
  
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• MarketWatch First Take: Amazon’s AI talk is making Wall Street drool, but there seems to be a catch

  27-10-2023 03:25
  Amazon.com Inc. investors were willing to look past a soft holiday-quarter outlook once executives spent the bulk of the company’s earnings call talking up big opportunities in the cloud fueled in part by artificial-intelligence deals. But there seems to be a catch.It’s easy to get carried away thinking about the potential in generative AI, which can unlock more tech spending by companies looking to jump on the bandwagon. Yet corporate customers are still trying to find their footing
  
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• Earnings Results: Intel cheers foundry wins, AI traction, and its stock is roaring after earnings

  27-10-2023 01:15
  Intel Corp. shares were popping nearly 8% in Thursday’s extended session after the chip maker delivered a rosy forecast, while talking up new customers for its foundry business and traction related to artificial intelligence.For the fourth quarter, Intel INTC anticipates $14.6 billion to $15.6 billion in revenue, whereas analysts were looking for $14.4 billion. The company is also modeling 44 cents in adjusted earnings per share, while the FactSet consensus was for 33 cents.“While&h
  
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