Analyst news

• My mother excluded her late husband’s family from her will — and left everything to me. Should I help them out?

  21-05-2024 20:32 via rocketnews.com
  “The home they lived in was purchased by my stepfather, but they lived in a community property state — and my mother was married to the man for over 35 years, working and contributing.”
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  [mwai_chat context=”Let’s have a discussion about this article:nn“The home they lived in was purchased by my stepfather, but they lived in a community property state — and my mother was married to the man for over 35 years
  
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• Fed’s Waller needs ‘several more months’ of good inflation data before backing rate cut

  21-05-2024 19:56 via rocketnews.com
  “In the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy,” Waller said Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nn“In the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before
  
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• Here’s what the U.S. government is doing to help lower gasoline prices

  21-05-2024 19:52 via rocketnews.com
  Gasoline prices at the pump are little changed from a year ago, but the Biden administration on Tuesday said it’s taking action to help lower prices at the pump for the summer.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGasoline prices at the pump are little changed from a year ago, but the Biden administration on Tuesday said it’s taking action to help lower prices at the pump for the summer.nnDiscus
  
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• Trump’s tariffs would cost U.S. families $1,700 a year, think tank says

  21-05-2024 19:30 via rocketnews.com
  Presumptive Republican presidential nominee Donald Trump’s proposed tariffs would “cost a typical household in the middle of the income distribution about $1,700 in increased taxes each year,” the Peterson Institute for International Economics, a nonpartisan think tank, said in a new report.
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  [mwai_chat context=”Let’s have a discussion about this article:nnPresumptive Republican presidential nominee Donald Trump&
  
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• Eli Lilly’s stock on pace for record close as Crohn’s disease trial hits the mark

  21-05-2024 17:56 via rocketnews.com
  Eli Lilly shares were on pace for a record closing high Tuesday after the drugmaker released data from a late-stage Crohn’s disease trial and struck a deal to develop new cancer-targeting medicines.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEli Lilly shares were on pace for a record closing high Tuesday after the drugmaker released data from a late-stage Crohn’s disease trial and struck a deal to dev
  
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• Bond king Jeffrey Gundlach still sees a U.S. recession coming. Here’s when.

  21-05-2024 17:30 via rocketnews.com
  Jeffrey Gundlach, chief executive of investment-management company DoubleLine Capital, is continuing to hold on to a view that he’s had since at least late last year — that the world’s largest economy will likely experience a recession.
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  [mwai_chat context=”Let’s have a discussion about this article:nnJeffrey Gundlach, chief executive of investment-management company DoubleLine Capital, is continuing to hold on to a v
  
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• Macy’s stock climbs after sales fell again, but beat expectations

  21-05-2024 14:01 via rocketnews.com
  Macy’s stock rose Tuesday, after the department store chain reported fiscal first-quarter results that fell from a year ago but that beat expectations, and nudged up its full-year outlook.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMacy’s stock rose Tuesday, after the department store chain reported fiscal first-quarter results that fell from a year ago but that beat expectations, and nudged up its fu
  
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• Cities and towns provide kindergarten. They soon might fund child-care services for toddlers and infants too.

  21-05-2024 13:59 via rocketnews.com
  Across the country, there are too few affordable child-care spots for families who need them, in part because too few people are willing to do this important but challenging work for the low pay typical for the sector.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAcross the country, there are too few affordable child-care spots for families who need them, in part because too few people are willing to do this import
  
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• XPeng’s stock leaps after EV maker’s sales beat by widest margin in 2 years

  21-05-2024 13:24 via rocketnews.com
  XPeng’s stock powered higher Tuesday, after the China-based electric vehicle maker reported first-quarter results that beat expectations by wide margins, fueled by higher deliveries and cost-cutting.
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  [mwai_chat context=”Let’s have a discussion about this article:nnXPeng’s stock powered higher Tuesday, after the China-based electric vehicle maker reported first-quarter results that beat expectations by wide margins, fueled
  
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• Odey Asset Management closed in a crisis. Two of its former funds are now top performers.

  21-05-2024 13:12 via rocketnews.com
  The two funds managed by James Hanbury were transferred to Lancaster Investment Management after Odey Asset Management closed, on the back of sexual assault allegations against its founder, in 2023
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe two funds managed by James Hanbury were transferred to Lancaster Investment Management after Odey Asset Management closed, on the back of sexual assault allegations agains
  
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• NZD may plunge after RBNZ decision. Forecast as of 21.05.2024

  21-05-2024 11:33 via litefinance.org
  
  Will the Reserve Bank of New Zealand put a cash rate hike on its agenda at the next meeting? Meanwhile, the regulator may stand pat on rates contrary to market expectations. Let's discuss this topic and make up a trading plan for NZDUSD and AUDNZD.Monthly New Zealand dollar fundamental forecastInvestors are attributing the NZDUSD rally to the change in RBNZ rhetoric at the May 22 meeting. They believe that the cooling of inflation is not aligning with the
  
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• ASML machines can be disabled if China attacks Taiwan, report says

  21-05-2024 11:07 via rocketnews.com
  A published report says sophisticated ASML microchip making equipment being used by Taiwan Semiconductor could be remotely disabled in the event that China attacks Taiwan to regain control of what it says is part of its country.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA published report says sophisticated ASML microchip making equipment being used by Taiwan Semiconductor could be remotely disabled in the event
  
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• Short-term analysis for oil, gold, and EURUSD for 21.05.2024

  21-05-2024 09:10 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.Oil price tested resistance (A) yesterday.Oil price forecast for today: USCrude analysisYesterday, oil tested resistance (A) 79.99 - 79.66 but failed to reach above this area. Today, the price is retreating from resistance (A). If the short-term downtrend con
  
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• Dollar pleased with hawkish speeches. Forecast as of 21.05.2024

  21-05-2024 08:58 via litefinance.org
  
  The US dollar gradually recovers after the rout amid decelerating inflation in April. This is mostly driven by FOMC officials' hawkish speeches and trade wars. Let’s discuss it and make a trading plan for EURUSD.Weekly fundamental forecast for dollarThere is no wisdom like silence. As there are no important events on the economic calendar, the only thing left to do is listen to what Fed officials have to say. And they unanimously say there is still a long way to go before rates are lowered
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 21.05.2024

  21-05-2024 08:35 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinBitcoin is projected to continue growing in the impulse made of subwaves [1]-[2]-[3]-[4]-[5]. The subwaves [1]-[2]-[3]-[4] are complete. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. In the coming days, the price is expected to rise in impulse (3) above the peak of 73,8
  
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