Analyst news

• The Fed: Fed maintains freeze on interest rates as it fine-tunes fight against inflation

  01-11-2023 20:17
  The Federal Reserve on Wednesday kept a key interest rate at a 22-year high and left the door slightly ajar for another hike down the road if inflation doesn’t continue to slow. The decision to hold rates steady in a range of 5.25% to 5.5% was unanimous. The Fed is weighing how much more to raise interest rates to slow the economy and tame…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiK
  
  Read more

• Earnings Results: DoorDash shares rally after earnings beat, helped by expansion beyond restaurants

  01-11-2023 20:15
  Online delivery company DoorDash Inc. on Wednesday reported third-quarter results that beat expectations, as its expansion beyond restaurants helped grow orders, but it said it expected “significant levels of ongoing investment” up ahead as it tries to widen its service options.DoorDash DASH shares were up 6.1% in after-hours trading.The…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let
  
  Read more

• Earnings Results: EA’s stock rises on improved bottom line, revenue beat

  01-11-2023 20:12
  Shares of videogame maker Electronic Arts Inc. lit up 6% in extended trading Wednesday after the company reported a jump in net income and revenue that slightly beat analysts’ estimates.EA EA reported fiscal second-quarter net income of $399 million, or $1.47 a share, compared with net income of $299 million, or $1.07 a share, in the year-ago quarter.The…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'cha
  
  Read more

• The Tell: Wall Street analysts are souring on stocks. That could mean the S&P 500 is poised for a 15% rally, B. of A. says.

  01-11-2023 20:07
  Wall Street analysts are souring on U.S. stocks. Historically, that has meant that the market is likely to climb during the coming months, with gains sometimes breaking into double-digit percentage territory.Bank of America’s sell-side indicator, a gauge of Wall Street analysts’ expectations for U.S. stock-market performance, declined by 37 basis points to 53.1% in October while the S&P 500 fell by 2.2%, according to a report by Bank of America’s Savita Subramanian obtaine
  
  Read more

• Advertisement

• Key Words: Ex-New York Fed head sees risk of four ‘fatal’ flaws in central bank’s thinking on pause

  01-11-2023 20:07
  A former top official for the Federal Reserve is warning about all the ways in which the central bank’s pause on interest-rate hikes could go wrong.Bill Dudley, who led the Federal Reserve Bank of New York between 2009-2018, wrote in a Bloomberg column that he sees “four potentially fatal flaws” in policymakers’ thinking and that “they could be making a big mistake” by keeping rates on hold.His warning came earlier on Wednesday, just hours before the policy-m
  
  Read more

• Beth Pinsker: If saving $23,000 in your 401(k) next year isn’t enough, you can double that (or more) with the right strategy — and it’s legal

  01-11-2023 19:56
  When the IRS announces the new amounts you can contribute to retirement plans each year, the number everyone focuses on is the maximum you can put into workplace 401(k) plans, which is $23,000 for 2024. But what if you want to save more than that and still get preferential tax treatment? You have some options.  The easiest way if you’re 50 or older is to max out that $23,000 contribution and then add a catch-up contribution, which allows you to contribute another $7,500, for a total
  
  Read more

• : AMC’s debt-to-equity, late payments, could be ‘red flags,’ warns Creditsafe

  01-11-2023 19:44
  AMC Entertainment Holdings Inc.’s debt-to-equity and late payments could be financial warning signs, according to credit-monitoring and risk-management company Creditsafe. Citing AMC’s AMC second-quarter earnings report in August, Creditsafe says the movie-theater chain and meme-stock darling has a total shareholder equity of negative-$2.6 billion and a total debt of $4.8 billion. This brings AMC’s debt-to-equity ratio to -186.5%, Creditsafe told MarketWatch. “
  
  Read more

• Market Extra: Bond ETFs trade higher after Fed statement, Powell’s remarks

  01-11-2023 19:40
  Shares of large exchange-traded funds that buy bonds were getting a lift after the Federal Reserve announced on Wednesday that it’s holding its benchmark interest rate steady as it keeps up its battle to bring down elevated inflation….
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey = ''; let service = 'openai'; let session = 'N/A'; let mode = 'chat'; let model = 'gpt-3.5-turbo'; let c
  
  Read more

• Advertisement

• Bond Report: 2-year Treasury yield slips below 5% after Fed delivers another pause in interest rate hikes

  01-11-2023 18:54
  Yields on U.S. government debt remained lower on Wednesday after Federal Reserve officials took no action on interest rates for a second straight meeting. What’s happeningWhat’s driving markets As widely expected, Fed officials voted unanimously to hold their main interest-rate target at a 22-year high of 5.25%-5.5% on Wednesday, butthey left the option of a rate hike on the table. In a post-meeting press conference, Fed Chairman Jerome Powell said officials remain strongly committe
  
  Read more

• TaxWatch: You can save up to $23,000 in your 401(k) next year, the IRS says

  01-11-2023 18:49
  Retirement savers can tuck away slightly more in 2024 but the contribution increases are more modest than 2023’s increases, according to new inflation-related adjustments released by the IRS. People who are building up their 401(k) accounts can contribute up to $23,000, a more than 2% increase from the $22,500 maximum for this year.IRA contribution limits climb to $7,000 from $6,500 for 2024. That’s a 7.6% year over year increase. When…
  Article Attribution | Read More at Arti
  
  Read more

• The Tell: Wall Street analysts are souring on stocks. That could mean the S&P 500 is poised for a 15% rally.

  01-11-2023 18:48
  Wall Street analysts are souring on U.S. stocks. Historically, that has meant that the market is likely to climb during the coming months, with gains sometimes breaking into double-digit percentage territory.Bank of America’s sell-side indicator, a gauge of Wall Street analysts’ expectations for U.S. stock-market performance, declined by 37 basis points to 53.1% in October while the S&P 500 fell by 2.2%, according to a report by Bank of America’s Savita Subramanian obtaine
  
  Read more

• : Spending like crazy? Struggling between paydays? Consumers are sending mixed signals ahead of the holidays

  01-11-2023 18:48
  As the busiest spending season of the year approaches, consumers are giving some mixed signals on how good they feel about their own finances heading into the holidays.  Nearly two-thirds of Americans say they are living paycheck to paycheck, according to a new report from LendingClub LC and PYMNTS. That number is pretty much unchanged from last year — but the proportion of high-income consumers who say they’re counting on payday has ticked upward since 2022, and 44% of the sur
  
  Read more

• Market Snapshot: Dow rises 150 points after Fed keeps interest rate unchanged as expected

  01-11-2023 18:43
  U.S. stocks moved higher to kick off November trading after the Federal Reserve kept its key policy interest rate unchanged, as expected, and the Treasury Department released details of its debt auction plans.What’s happening On Tuesday, all three major indexes posted October declines, with each suffering a third straight monthly loss.What’s driving markets Stocks…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'
  
  Read more

• : Ford’s return to investment-grade status has pulled about $67 billion out of the junk-bond market

  01-11-2023 18:32
  Ford Motor Co.’s return to the investment-grade market has removed billions of dollars from the high-yield market in a single day.In total, about $67 billion of Ford Motor’s outstanding bonds are now investment grade, according to data solutions provider BondCliQ Media Services.That comes after S&P Global Ratings upgraded Ford Motor Co.’s…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'cha
  
  Read more

• Earnings Results: Scotts Miracle-Gro’s stock posts biggest one-day gain in 15 years after narrower-than-expected loss

  01-11-2023 18:25
  Scotts Miracle-Gro Co.’s stock soared 21% Wednesday, chalking up its biggest one-day gain since Aug. 1, 2008, after the latest earnings from the maker of consumer lawn-care and outdoor hydroponic products were less bad than feared.The company SMG has been cutting costs in an effort to turn its business around after two straight quarters of losses amid high inventories and low demand for its products. It has also been hit by a rise in interest costs on its debt and a weak performance by it
  
  Read more

• Encore: Requiring workers take retirement withdrawals at 70½ could help them use their 401(k) balances efficiently

  01-11-2023 18:19
  In a recent meeting I attended, participants were bemoaning the fact that people are reluctant to withdraw their 401(k) accumulations. Much emphasis was placed on the word “decumulation,” which apparently has negative connotations. The answer apparently is to replace the word “decumulation” with “spending.”  Read: New rules mean required…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'S
  
  Read more

• : The return of student-loan payments doesn’t seem to have hurt consumer spending. But some low-income borrowers are feeling the pinch.

  01-11-2023 18:15
  In the wake of student-loan payments resuming after a three-year pause, some of the most financially vulnerable student-loan borrowers are falling behind on their bills. That’s according to a new analysis of student-loan borrowers who use the federal government’s Supplemental Nutrition Assistance Program, which helps people with lower incomes pay for groceries. In October, when student-loan payments resumed, student-loan borrowers who use SNAP benefits reported higher rates of falli
  
  Read more

• : ‘Seller financing’ can help home buyers pay their mortgages. What’s the catch?

  01-11-2023 18:14
  The housing market has become so expensive that some sellers are offering to help pay their buyers’ expenses, including their mortgage. With mortgage rates at a 23-year high and home prices staying put, housing affordability has worsened to the lowest point since 1985, when rates were in the double digits. Sales of previously-owned homes are on track to end the year at a pace that’s the slowest since the Great Recession in 2008.   The…
  Article Attribution | Read Mor
  
  Read more

• Economic calendar for the week 06.11.2023 – 12.11.2023

  01-11-2023 15:54 via litefinance.org
  
  Last week was extremely volatile due to important events and publications of important macro statistics. The focus was undoubtedly on the Fed meeting. But the meetings of the Central Banks of Japan and the UK devoted to monetary policy issues also did not go unnoticed by market participants.The dollar has maintained positive dynamics as there have been relatively more positive macro data from the United States than from other economically developed countries and regions. The dollar is also in de
  
  Read more

• : Jobs forecast for October: 170,000 new hires and 3.8% unemployment

  01-11-2023 15:30
  The economy was supposed to get a lot weaker, and hiring was supposed to slow to a crawl. Neither has happened. The U.S. is still adding lots of jobs. Here’s what to watch for in the October jobs report, due out Friday morning. The forecast The U.S is expected to add 170,000 jobs in October after a surprisingly large 336,000 increase…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey = '
  
  Read more

• : Schwab lays off up to 2,154 people out of 35,900 staff as it moves to cut costs

  01-11-2023 15:18
  Charles Schwab Corp. has laid of 5% to 6% of its total head count of 35,900 as it moves to contain costs and remove complexity from the broker as it integrates its acquisition of TD Ameritrade. The employee reduction amounts to 1,795 to 2,154 people after it disclosed plans to reduce its expenses in July. Other steps include changes to its…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey = '
  
  Read more

• The Ratings Game: Lumen’s stock erodes further, sinking toward worst day in its history

  01-11-2023 15:15
  Lumen Technologies Inc. shares were flirting with their worst-ever daily performance Wednesday as news of an agreement with creditors failed to outweigh disappointing commentary on revenue-growth expectations. The stock LUMN was off 24.3% in Wednesday morning trading and on track to record its largest one-day percentage decline on record. Lumen shares, which recently changed hands at $1.11, were on pace for their lowest close since Oct. 5, 1984, when they finished at $1.10. “Revenue&helli
  
  Read more

• Futures Movers: Oil prices rise, but hold below session highs with U.S. crude supplies up a second week

  01-11-2023 15:15
  Oil futures traded higher on Wednesday, with prices rebounding after two consecutive session declines, as traders continued to monitor developments around the Israel-Hamas war and awaited a Federal Reserve policy decision.Prices held ground below the session’s best levels after the Energy Information Administration reported a second straight weekly rise in U.S. crude supplies. U.S….
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName
  
  Read more

• Deep Dive: India is seeing a multidecade growth surge. Here’s how you can invest in it.

  01-11-2023 15:08
  If you would like to have investment exposure to a tremendous emerging market with good prospects for rapid growth over coming decades, you should look at India. There are many exchange-traded funds available offering different types of exposure to India. Some are listed below. For investors looking to hold individual stocks, three portfolio managers named favorite companies during interviews with MarketWatch. Over…
  Article Attribution | Read More at Article Source Send '; let aiName = '
  
  Read more

• Help My Career: There’s real bias against shorter people at work — ‘Bootgate’ is bigger than Ron DeSantis

  01-11-2023 15:02
  Is Florida governor and Republican presidential candidate Ron DeSantis a victim of height discrimination? That might be the real question worth asking in light of the current social media-fueled debate over whether DeSantis is boosting his height by wearing boots with heel lifts. The issue has been dubbed “bootgate,” which was trending on X.com (formerly known as Twitter) on Halloween, and has been the subject of much speculation online.  But…
  Article Attribution | Read
  
  Read more

• The Margin: Mariah Carey has made $60 million-plus in royalties off ‘All I Want for Christmas’

  01-11-2023 14:58
  Mariah Carey is back on the holiday bandwagon. The pop star sent out her now-familiar Nov. 1 message on social media promoting her seasonal megahit “All I Want for Christmas Is You.” Carey said “it’s time” to put away the Halloween decorations and start getting into the spirit of the true holiday season. The post has already been viewed more…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let
  
  Read more

• Earnings Outlook: Qualcomm earnings: What to expect from the chip maker

  01-11-2023 14:42
  Qualcomm Inc.’s stock will look to snap a streak of five straight post-earnings declines when the chip maker posts fiscal fourth-quarter results Wednesday afternoon.Investors will be watching Qualcomm’s QCOM results for a read on the smartphone market as the company has been weighed down by sluggish trends there recently.Could the stock…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let a
  
  Read more

• Bond Report: Long-term Treasury yields slip further after ISM data

  01-11-2023 14:36
  Yields on U.S. government debt slipped even further Wednesday morning after October data showed manufacturing activity contracting again.What’s happeningWhat’s driving markets In data released on Wednesday,the Institute for Supply Management’s index of manufacturing activity fell last month to its lowest level since July. Meanwhile, payroll processor ADP reported that 113,000 new private-sector jobs were created in October, below the 130,000 increase expected by economists pol
  
  Read more

• Market Snapshot: Dow Jones extends gains as investors await Fed decision

  01-11-2023 14:35
  U.S. stocks moved higher to kick off November trading after the Treasury Department released details of its auction plans and investors awaited a Federal Reserve policy decision.What’s happening On Tuesday, all three major indexes posted October declines, with each suffering a third straight monthly loss.What’s driving markets Stocks…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiK
  
  Read more

• : Ron Baron says Tesla’s valuation can hit $4 trillion, but ‘SpaceX has a chance to be even bigger’

  01-11-2023 12:08
  When Ron Baron was starting an investment business, he got some advice from Steve Wynn. The casino magnate told Baron to name his investment company after himself as a way to show clients and customers that he promised to stand behind it. Some four decades later, Baron Capital has made its most important investment in Elon Musk, Inc.  Baron invested $570 million in Tesla TSLA, mostly between 2014 and 2016, which was about 2% of his assets under management at the time. Today, after selling
  
  Read more

• Earnings Outlook: PayPal earnings: What to expect from the payments giant

  01-11-2023 12:03
  PayPal Holdings Inc. shares have remained under pressure this year, and the company will try to win back over investors when it reports earnings Wednesday afternoon.On one hand, the third-quarter report will be a fresh start of sorts, as Alex Chriss, the company’s newly installed chief executive, hosts his first earnings call.Read: Who…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey =
  
  Read more

• : Toyota’s profits surge as weak Japanese yen bolsters carmaker’s revenues

  01-11-2023 11:48
  Toyota Motor Corporation on Wednesday outstripped analysts’ expectations after profit surged in three-months ending in September, as it lifted its profit forecasts by more than 50%.The world’s top carmaker told investors it generated revenues worth  ¥11.43 trillion ($75.6 billion) in its fiscal second quarter, as it benefited from favorable exchange rates and sold more vehicles in all regions worldwide. Toyota’s…
  Article Attribution | Read More at Article Sourc
  
  Read more

• Need to Know: This fund manager was right that recession fears were overhyped. Now he’s betting on strip malls and these other megatrends.

  01-11-2023 11:47
  Welcome to the historically decent stock month of November, which follows the longest monthly losing streak (three months) for the three major indexes. It kicks off with a Fed meeting and perhaps more important, the Treasurys breakdown of debt issuance. Our call of the day switches gears to discuss investing in potentially lucrative megatrends in an interview with Aspen Funds’ co-founder and chief financial officer Bob Fraser.The 10-year old firm with $300 million in assets under manageme
  
  Read more

• Shekel is weakening. Forecast as of 01.11.2023

  01-11-2023 11:23 via litefinance.org
  
  The longer the armed conflict in the Middle East lasts, the worse it will be for Israel's previously thriving economy. The judicial crisis and the war with Hamas have plunged the shekel by 15% since the start of the year. Will the situation improve soon? Let us discuss the Forex outlook and make up a USDILS trading plan.Weekly Shekel fundamental forecastDespite the unprecedented $45 billion support promised by the Bank of Israel, the shekel collapsed to an 11-year low against the US dollar amid
  
  Read more

• : In the Northeast, a wet autumn has become an ‘apple-picking apocalypse’

  01-11-2023 11:22
  The “apple-picking apocalypse” is upon us. At least that’s how The New York Times is describing the situation for pick-your-own farms in New York State, which have suffered through two months of consecutive weekends marred partly or fully by rain. The farms, which typically attract visitors from New York City, depend heavily on Saturday and…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatb
  
  Read more

• Outside the Box: To boost recycling, require package manufacturers to share costs with taxpayers

  01-11-2023 11:20
  No one wants tons of waste polluting the environment. Yet over the past few years, some voices in the environmental movement have suggested that recycling, notably plastic recycling, is futile at best — or at worst a ruse that contributes to the ubiquity of plastic trash.With U.S. recycling rates for plastics ranging from just 8.5% to 13.1%, depending on how and what you measure, consumers are being misled, the argument goes, and producers overstate recyclability claims as license to prod
  
  Read more

• Economic Report: Demand for adjustable-rate mortgages jump 10% as mortgage rates stay stubbornly high

  01-11-2023 11:00
  Interest in adjustable-rate mortgages jumps 10% The numbers: Mortgage demand fell for the third week in a row, despite mortgage rates falling for the first time in two months. Home-buying demand fell to the lowest level since 1995, and refinance activity fell to the slowest pace since the start of this year. Buyers…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey = ''; let service = 'openai'
  
  Read more

• : Nio’s stock bounces after October EV sales jump 60%

  01-11-2023 10:59
  Shares of Nio Inc. rallied Wednesday, after the China-based electric vehicle maker reported October vehicle deliveries that rose nearly 60% from a year ago, but its rivals reported much stronger growth. The stock NIO bounced 0.4% in premarket trading, after closing Tuesday at the lowest price since June 29, 2020. The gain trailed that of its…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey =
  
  Read more

• Futures Movers: Oil bounces ahead of Fed meeting while traders monitor Israel-Hamas war developments

  01-11-2023 10:52
  Oil futures rose Wednesday morning, as traders await a Federal Reserve policy decision as they continue to monitor developments around the Israel-Hamas war. Investors were also awaiting the latest round of official U.S. petroleum inventory figures due later in the morning.Price actionMarket drivers WTI futures based on the…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey = ''; let service =
  
  Read more

• Bond Report: Treasury yields slip ahead of Fed decision and U.S. government bond auction announcement

  01-11-2023 10:25
  U.S. bond yields slipped on Wednesday as traders awaited an announcement on the Treasury’s fourth-quarter bond auction program and the Federal Reserve’s latest monetary policy decision.What’s happeningWhat’s driving markets The interlinks between fiscal and monetary policy will be to the fore on Wednesday, as investors absorb an update on how the U.S. government will fund its spending in coming months and the Federal Reserve delivers more insight into its thinking on int
  
  Read more

• Movers & Shakers: WeWork shares plunge on report of looming bankruptcy as Match Group stock slumps on Tinder owner’s Israel warning

  01-11-2023 09:34
  Here are some of the biggest movers of the day: Stock gainers: Novovax Inc. NVAX shares jumped 3% after the U.S. pharma firm’s new COVID vaccine gained approval in the European Union.Stock…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey = ''; let service = 'openai'; let session = 'N/A'; let mode = 'chat'; let model = 'gpt-3.5-turbo'; let context = isCasuallyFineTuned ? null : 'Let\'s
  
  Read more

• Market Snapshot: S&P 500 futures slip ahead of Fed decision and Treasury funding announcement

  01-11-2023 09:06
  U.S. stock futures started November on the back foot as investors eyed the latest Fed interest rate decision and comments.How are stock-index futures trading On Tuesday, the Dow Jones Industrial Average DJIA rose 124 points, or 0.38%, to 33053, the S&P 500 SPX increased 27 points, or 0.65%, to 4194, and the Nasdaq Composite COMP gained 62 points, or 0.48%, to 12851.What’s driving markets After…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews A
  
  Read more

• NerdWallet: Check with your electric company for these EV incentives you may not know about

  01-11-2023 09:03
  Thisis reprinted by permission from .  While the electric vehicle tax credit under the Inflation Reduction Act has taken the spotlight, a different source of incentives has received much less attention — EV incentives offered through local electric companies. Electric company EV rebates can range from a few hundred dollars toward the installation of a home charging station to thousands of dollars back on the purchase or lease of an EV. EV…
  Article Attribution | Read
  
  Read more

• Kelley Blue Book: Why buy thrills when you can rent them? These are the most popular cars on Turo.

  01-11-2023 09:02
  Have you ever wondered what it’s like to drive a particular car, but couldn’t figure out a way to make that happen? Dealership test drives aren’t really long enough to get a feel for the car, and sometimes the car you’re interested in is a few years old — or even older. That’s where Turo comes in. In addition to offering car rentals just like any other service, the peer-to-peer car sharing company enables car enthusiasts to share their cars with others, meani
  
  Read more

• NerdWallet: Don’t shy away from getting a second opinion—it could save your life

  01-11-2023 09:00
  Thisis reprinted by permission from .  Why spend the time and expense to get a second opinion if your doctor recommends surgery or they diagnose a serious disease? After all, you’ve been examined, tested and evaluated by an expert with many years of training. But the harsh reality is that misdiagnosis happens a lot — and sometimes with the…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot
  
  Read more

• NerdWallet: Paycheck advance apps: the risks—and costs—can be high

  01-11-2023 08:58
  Thisis reprinted by permission from .  When Conner Smith saw an Instagram ad in early 2021 from the mobile app EarnIn offering to let him access up to $100 from his paycheck before payday, he thought it would be a convenient way to pay for a night out. About a year and a half later, the Georgia resident says, he was in a “vicious cycle”…
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot';
  
  Read more

• USD: only game in town. Forecast as of 01.11.2023

  01-11-2023 08:36 via litefinance.org
  
  Market participants are tired of USD purchases, but the euro is not strong enough to reverse the EURUSD downtrend. The eurozone economy lags significantly behind the US, and the Fed leaves room for rate hikes. Let's discuss this topic and make up a trading plan.Weekly US dollar fundamental forecastIf the market does not go where it is expected, chances are high that it will move in the opposite direction. In October, the US dollar failed to take advantage of the rally in Treasury yields and
  
  Read more

• Short-term analysis for oil, gold, and EURUSD for 01.11.2023

  01-11-2023 08:00 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.Yesterday, the euro price decreased as part of the correction.Oil price forecast for today: USCrude analysisThe decline in oil prices continues within a short-term downtrend. The main price target is the Target Zone 79.71 - 78.72. The October 30 low was
  
  Read more

• Short-term forecast for BTCUSD, XRPUSD and ETHUSD 01.11.2023

  01-11-2023 07:41 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 most recent BTCUSD chart section displays the formation of an upward impulse wave [A], which consists of five main sub-waves. The first three sub-waves have already been completed. Corrective sub-wave (4) is currently unfolding as contracting triangle A-B-C-D-E. The entire
  
  Read more

• Earnings Results: Yum China just gave investors a new reason to worry about the Chinese economy

  01-11-2023 03:22
  Yum China Holdings Inc. late Tuesday gave investors a fresh reason to worry about China’s economy. Yum China’s shares YUMC fell about 9% in the extended session Tuesday after the owner of Pizza Hut, KFC and other fast-food brands in China missed Wall Street expectations for its third quarter, saying that “softening consumer demand” emerged in recent weeks, and cast doubt about its current quarter. Quarterly…
  Article Attribution | Read More at Article Source Send '
  
  Read more

Follow @news_analyst on Twitter!