Analyst news

• D.J. Burns of N.C. State is a March Madness breakout star. Can he interest you in a snack?

  05-04-2024 23:01 via rocketnews.com
  A big man with a ready smile, Burns, who takes to the floor Saturday in the NCAA tournament’s Final Four, concedes he himself doesn’t consume what’s stocked in the vending machines he owns.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA big man with a ready smile, Burns, who takes to the floor Saturday in the NCAA tournament’s Final Four, concedes he himself doesn’t consume what’
  
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• Biden says Amazon, Home Depot and other companies commit to avoiding layoffs in Baltimore after bridge collapse

  05-04-2024 22:31 via rocketnews.com
  The Biden White House on Friday emphasized that big companies in the Baltimore area have promised not to lay off workers following the collapse of the Francis Scott Key Bridge last week, with those pledges coming after encouragement from administration officials.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Biden White House on Friday emphasized that big companies in the Baltimore area have promised not to lay
  
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• Jury finds Do Kwon and Terraform Labs liable for crypto fraud, in win for SEC

  05-04-2024 22:24 via rocketnews.com
  The Securities and Exchange Commission notched a victory in its battle with noncompliant cryptocurrency companies after a jury in New York on Friday found crypto mogul Do Kwon and his company Terraform Labs liable for defrauding investors in crypto securities.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Securities and Exchange Commission notched a victory in its battle with noncompliant cryptocurrency companie
  
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• These household-name companies have bonds yielding more than 5%

  05-04-2024 20:18 via rocketnews.com
  Bonds issued by a group of household name companies are yielding more than 5% following the recent move in Treasurys, offering handy returns for investors with the right time frame.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBonds issued by a group of household name companies are yielding more than 5% following the recent move in Treasurys, offering handy returns for investors with the right time frame.nnDiscussi
  
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• Inflation may not fall for months. Here’s what that means for investors.

  05-04-2024 20:07 via rocketnews.com
  Now that March’s shockingly strong official jobs report is in hand, traders are expecting five more months of consumer-price index reports to show no further progress being made on the annual headline rate of U.S. inflation.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNow that March’s shockingly strong official jobs report is in hand, traders are expecting five more months of consumer-price index repor
  
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• Budget-deficit concerns are ‘back in style’ ahead of the November election

  05-04-2024 19:57 via rocketnews.com
  U.S. voters are increasingly concerned about the size of the federal budget deficit and many see government spending as a key driver of rising prices, according to a poll released Friday by Democratic strategy group Blueprint.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. voters are increasingly concerned about the size of the federal budget deficit and many see government spending as a key driver of rising pri
  
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• Fed’s Logan says ‘much too soon to think about cutting rates’

  05-04-2024 17:45 via rocketnews.com
  Dallas Federal Reserve President Lorie Logan on Friday said she’s uncertain about the general view that U.S. inflation will keep trending down this year and allow the central bank to start to lower interest rates.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDallas Federal Reserve President Lorie Logan on Friday said she’s uncertain about the general view that U.S. inflation will keep trending down this
  
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• Biden set to announce new student-debt-forgiveness plan next week. Here’s what you need to know

  05-04-2024 17:32 via rocketnews.com
  The plan will likely be different from the one the Supreme Court struck down in some key ways; over the past several months, the administration has outlined what’s likely to be included in the proposal.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe plan will likely be different from the one the Supreme Court struck down in some key ways; over the past several months, the administration has outlined what&rs
  
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• Why stock-market bulls aren’t rattled by hot U.S. jobs data and fading rate-cut hopes

  05-04-2024 16:47 via rocketnews.com
  Another round of red-hot U.S. jobs data Friday put a deeper chill on expectations the Federal Reserve will begin in June to deliver a series of interest rate cuts in the near future, but stock-market investors seem relatively okay with that.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAnother round of red-hot U.S. jobs data Friday put a deeper chill on expectations the Federal Reserve will begin in June to deliver
  
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• S&P 500 Forecast for 2024-2025 and Beyond

  05-04-2024 16:14 via litefinance.org
  
  Financial analysts are optimistic about the S&P 500's future, expecting a recovery and growth following recent challenges. The anticipation of a shift in Federal Reserve policies, potentially leading to lowered interest rates, fuels this optimism. Despite geopolitical tensions and inflation concerns, the market's resilience is highlighted, with predictions leaning towards a long-term upward trajectory. This consensus suggests an attractive investment outlook for the S&P 500, encouraging
  
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• Teladoc’s long-time CEO is out after the stock hits an 8-year low

  05-04-2024 14:26 via rocketnews.com
  Teladoc’s stock was set to bounce slightly off an eight-year low on Friday, after the telehealth provider said it long-time chief executive, Jason Gorevic, is leaving the company, effective immediately.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTeladoc’s stock was set to bounce slightly off an eight-year low on Friday, after the telehealth provider said it long-time chief executive, Jason Gorevic, is
  
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• As Congress returns next week, TikTok steps up its fight against a possible ban

  05-04-2024 14:00 via rocketnews.com
  While the U.S. Senate is preparing to get back to work Monday on Capitol Hill, it’s not expected to move fast on a House-passed bill that could lead to a nationwide ban for TikTok – and a new advertising blitz from the app aims to help give senators pause.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWhile the U.S. Senate is preparing to get back to work Monday on Capitol Hill, it’s not expected t
  
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• XAUUSD: Elliott wave analysis and forecast for 05.04.24 – 12.04.24

  05-04-2024 13:35 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2226.77 with a target of 2350.50 – 2450.00.Alternative scenario: breakout and consolidation below the level of 2226.77 will allow the pair to continue declining to the levels of 2154.83 – 2078.95.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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• WTI Crude Oil: Elliott wave analysis and forecast for 05.04.24 – 12.04.24

  05-04-2024 13:05 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 80.60 with a target of 88.55 – 91.02.Alternative scenario: breakout and consolidation below the level of 80.60 will allow the asset to continue declining to the levels of 76.50 – 71.00.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 05.04.24 – 12.04.24

  05-04-2024 12:35 via litefinance.org
  
  Main scenario: consider long positions above the level of 150.48 with a target of 155.00 – 160.00 once a correction finishes. Alternative scenario: breakout and consolidation below the level of 150.48 will allow the pair to continue declining to the levels of 149.10 – 148.46. Analysis: an ascending wave of larger degree C continues forming on the daily chart, with fifth wave (5) of C unfolding as its part. The third wave 3 of (5) is unfolding on the H4 time frame, with firs
  
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• GBPUSD: Elliott wave analysis and forecast for 05.04.24 – 12.04.24

  05-04-2024 12:05 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2534 with a target of 1.3000 – 1.3200.Alternative scenario: breakout and consolidation below the level of 1.2534 will allow the pair to continue declining to the levels of 1.2427 – 1.2333.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. On the H4 chart, wave 1 of (3) is formed,
  
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• Gold has a secret. Forecast as of 05.04.2024

  05-04-2024 12:00 via litefinance.org
  
  Gold is growing despite everything: a strong dollar, growing bond yields, ETF money outflows, and weaker demand in India. What pushes the XAUUSD quotes up? Let’s discuss it and make a trading plan.Weekly fundamental forecast for goldTo predict the future, look back at the past. Historically established correlations allow us to correctly predict the moves of various assets. But gold's rally bewilders both its enemies and advocates: the yellow metal feels too good in 2024 despite all headwin
  
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• EURUSD: Elliott wave analysis and forecast for 05.04.24 – 12.04.24

  05-04-2024 11:35 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0723 with a target of 1.1141 – 1.1350.Alternative scenario: breakout and consolidation below the level of 1.0723 will allow the pair to continue declining to the levels of 1.0613 – 1.0514.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 05.04.24 – 12.04.24

  05-04-2024 11:05 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9235 with a target of 0.8325 – 0.8050. Alternative scenario: breakout and consolidation above the level of 0.9235 will allow the pair to continue rising to the levels of 0.9451 – 0.9838.Analysis: the bullish 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 wave 2 of (5), and the third wave
  
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• USDCAD: Elliott wave analysis and forecast for 05.04.24 – 12.04.24

  05-04-2024 10:37 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 1.3612 with a target of 1.3170 – 1.2977. Alternative scenario: breakout and consolidation above the level of 1.3612 will allow the pair to continue rising to the levels of 1.3724 – 1.3857.Analysis: the ascending first wave of larger degree (1) is presumably formed on the daily chart, and a downside correction is unfolding as second wave (2). Wave А of (2) is formed on the H4 time frame, and a bulli
  
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• Short-term analysis for oil, gold, and EURUSD for 05.04.2024

  05-04-2024 09:23 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, oil continued its short-term uptrend.Oil price forecast for today: USCrude analysisThe short-term uptrend in oil continued yesterday, breaking the Gold Zone 84.98 - 84.65. The next buying target is the Target Zone 88.61 - 87.95. Consider buying oil
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 05.04.2024

  05-04-2024 08:55 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 horizontal correction (4) as a contracting triangle A-B-C-D-E. The first two legs of the triangle, A and B, must have completed, and the Bitcoin price should be moving down in the C wave, unfolding as a zigzag [A]-[B]-[C], to a level of
  
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• Dollar proves obvious things. Forecast as of 05.04.2024

  05-04-2024 08:36 via litefinance.org
  
  The ECB can and should cut rates faster than the Fed to prevent the euro area from slipping into deflation. The Federal Reserve can afford to take its time. How does this affect the balance of power in the EURUSD pair? Let's discuss the Forex outlook and draw up a trading plan.Weekly US dollar fundamental forecastAlthough the EURUSD bulls are willing to reverse the trend, the laws of the economy are in power. Due to weaker consumer activity and GDP, the slowdown in inflation in the euro area is
  
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