Analyst news

• United Airlines says FAA will ‘begin to review’ some operations following safety incidents

  22-03-2024 23:55 via rocketnews.com
  “The number of safety-related events in recent weeks have rightfully caused us to pause and evaluate whether there is anything we can and should do differently,” the memo says.
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  [mwai_chat context=”Let’s have a discussion about this article:nn“The number of safety-related events in recent weeks have rightfully caused us to pause and evaluate whether there is anything we can and should do differently,” the memo s
  
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• Speaker Johnson faces ouster motion as bill to avert shutdown passes House

  22-03-2024 17:59 via rocketnews.com
  Speaker Mike Johnson drew a motion to oust him as the House approved a spending package that prevents a government shutdown. The Senate now must act before midnight on the package.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSpeaker Mike Johnson drew a motion to oust him as the House approved a spending package that prevents a government shutdown. The Senate now must act before midnight on the package.nnDiscussion
  
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• Zcash Price Predictions: ZEC/USD rate for 2024, 2025-2026 and Beyond

  22-03-2024 16:57 via litefinance.org
  
  Despite regulation restrictions, the popularity of cryptocurrencies has been growing over the years. We all have heard about Bitcoin, Ethereum, and Litecoin. Still, there are other digital assets that can provide investors with exciting opportunities. ZEC is one of them.  Zcash is considered a promising token with a high level of anonymity. It's the first open-source digital asset based on a blockchain. The coin appeared on October 28, 2016 and currently has a market cap of $238.5 mill
  
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• House passes package that prevents government shutdown

  22-03-2024 16:46 via rocketnews.com
  The U.S. House of Representatives approved a $1.2 trillion package of spending bills that prevents a partial government shutdown. It’s now up to the Senate to act before midnight.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. House of Representatives approved a $1.2 trillion package of spending bills that prevents a partial government shutdown. It’s now up to the Senate to act before midnight.nn
  
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• DWAC’s stock takes a dive after merger with Trump Media approved by shareholders

  22-03-2024 16:22 via rocketnews.com
  Digital World Acquisition Corp.’s stock rallied Friday, as investors awaited results of a shareholder vote that would determine the fate of the special purpose acquisition vehicle’s proposed purchase of former President Donald Trump’s social-media company.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDigital World Acquisition Corp.’s stock rallied Friday, as investors awaited results of a sh
  
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• Apple’s stock once drove the S&P 500. Here’s how much its influence has waned.

  22-03-2024 15:22 via rocketnews.com
  There was a time when the S&P 500 reaching record highs without any help from Apple Inc. was almost unthinkable. But those days are over, at least for now.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThere was a time when the S&P 500 reaching record highs without any help from Apple Inc. was almost unthinkable. But those days are over, at least for now.nnDiscussion:nn” ai_name=”RocketNews AI: &
  
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• XAUUSD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

  22-03-2024 13:35 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2145.48 with a target of 2250.00 – 2350.50.Alternative scenario: breakout and consolidation below the level of 2145.48 will allow the pair to continue declining to the levels of 2078.95 – 2024.78.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 3 of (5) forming as its part. Apparently, the f
  
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• We have over $3 million and 5 adult children: Should we start giving them tax-free gifts each year?

  22-03-2024 13:26 via rocketnews.com
  “I understand that we could provide each of the five with $18,000 per year as gifts. Or could we only give to one child per year? Are the gifts really received tax-free?”
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  [mwai_chat context=”Let’s have a discussion about this article:nn“I understand that we could provide each of the five with $18,000 per year as gifts. Or could we only give to one child per year? Are the gifts really received tax-free?”nnDiscus
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

  22-03-2024 13:05 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 76.80 with a target of 84.65 – 88.55.Alternative scenario: breakout and consolidation below the level of 76.80 will allow the asset to continue declining to the levels of 63.67 – 55.00.Analysis: a downside correction presumably continues developing as second wave of larger degree (2) on the daily time frame, with waves A of (2) and B of (2) completed as its parts. Wave С of (2) is developing on the H4 ti
  
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• USDJPY: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

  22-03-2024 12:35 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 148.47 with a target of 155.00 – 160.00. Alternative scenario: breakout and consolidation below the level of 148.47 will allow the pair to continue declining to the levels of 146.40 – 143.29. 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 1 of (5) formed and a downside correction co
  
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• Gold is tired of records. Forecast as of 22.03.2024

  22-03-2024 12:32 via litefinance.org
  
  Gold hit a new record as the FOMC's December forecasts remained unchanged and amid Jerome Powell's dovish rhetoric. Still, the Fed may be wrong about the term and pace of monetary easing. Let’s discuss it and make a trading plan.Weekly fundamental forecast for goldTo maintain interest in yourself, you must always surprise and not seem to be an open book. Gold is always ready to do that. In 2023, it grew 14%, refuting its status as an inflation-hedging asset. In 2024, it made us question it
  
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• GBPUSD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

  22-03-2024 12:05 via litefinance.org
  
  Main scenario: consider long positions above the level of 1.2600 with a target of 1.3000 – 1.3200 once a correction is formed.Alternative scenario: breakout and consolidation below the level of 1.2600 will allow the pair to continue declining to the levels of 1.2518 – 1.2427.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) started unfolding on the daily chart. The first wave of smaller degr
  
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• EURUSD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

  22-03-2024 11:35 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0795 with a target of 1.1141 – 1.1350.Alternative scenario: breakout and consolidation below the level of 1.0795 will allow the pair to continue declining to the levels of 1.0688 – 1.0613.Analysis: a bearish wave of larger degree A is presumably completed on the daily chart. A bullish wave B started unfolding, with first wave 1 of (A) of B and corrective second wave 2 of (A) of B formed as its parts. Apparen
  
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• USDCHF: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

  22-03-2024 11:05 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9108 with a target of 0.8325 – 0.8050 once a correction is completed. Alternative scenario: breakout and consolidation above the level of 0.9108 will allow the pair to continue rising to the levels of 0.9240 – 0.9451.Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily time frame. As its part, wave 1 of (5) is formed, a bullish correction is completed as second wa
  
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• USDCAD: Elliott wave analysis and forecast for 22.03.24 – 29.03.24

  22-03-2024 10:36 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3452 with a target of 1.3724 – 1.3857. Alternative scenario: breakout and consolidation below the level of 1.3452 will allow the pair to continue declining to the levels of 1.3170 – 1.2977.Analysis: the ascending first wave of larger degree (1) is presumably formed on the daily chart, and a downside correction is unfolding as the second wave (2). Wave А of (2) is formed on the H4 time frame, and a
  
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• Short-term analysis for oil, gold, and EURUSD for 22.03.2024

  22-03-2024 09:06 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.The oil price is correcting with a target at support (A) 79.73 - 79.40.Oil price forecast for today: USCrude analysisThe oil price is correcting with a target at support (A) 79.73 - 79.40. After reaching this support, consider new purchases as part of the sho
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 22.03.2024

  22-03-2024 07:19 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 must have completed the first two sub-waves [1]-[2] of the bullish impulse, and the price resumed rising in the third wave, with sub-waves (1)-(2)-(3) finished inside. Correction (4) is currently unfolding as a double zigzag W-X-Y. The mot
  
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• Dollar unleashes currency wars. Forecast as of 22.03.2024

  22-03-2024 07:15 via litefinance.org
  
  Against the backdrop of rising stock indices and falling Treasury yields, the drop in EURUSD looks unnatural. Moreover, European PMIs are growing. What is the reason? Let us discuss the Forex outlook and create a trading plan.Weekly US dollar fundamental forecastSynchronization cannot be underestimated. Just the other day, I wrote about its impact on exchange rates and noted that at a time when 80% of the eleven world’s central banks in the world are easing monetary policy, the US dollar i
  
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• Lululemon’s stock drops on soft revenue forecast

  22-03-2024 01:25 via rocketnews.com
  Lululemon Athletica Inc.’s stock slumped 11% in after-hours trading Thursday after the retail company posted quarterly results that topped analysts’ revenue and earnings estimates but offered light guidance.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLululemon Athletica Inc.’s stock slumped 11% in after-hours trading Thursday after the retail company posted quarterly results that topped analysts
  
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• Nike pivots its strategy, looks once again to outside retailers to drive sales

  22-03-2024 01:23 via rocketnews.com
  Amid faltering demand for shoes and clothing and slipping digital sales, Nike Inc. on Thursday said it will bank a lot more on the thing it has spent the past several years turning away from: other retailers.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAmid faltering demand for shoes and clothing and slipping digital sales, Nike Inc. on Thursday said it will bank a lot more on the thing it has spent the past sever
  
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• Robinhood co-founder Baiju Bhatt to step down as creative chief

  22-03-2024 01:04 via rocketnews.com
  Robinhood Markets co-founder Baiju Bhatt will no longer serve as an executive, marking the departure of one of the creators of the app which helped facilitate a meme-stock craze.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRobinhood Markets co-founder Baiju Bhatt will no longer serve as an executive, marking the departure of one of the creators of the app which helped facilitate a meme-stock craze.nnDiscussion:nn&
  
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