Analyst news

• SL Green to start deploying $1 billion arsenal for New York real estate this year

  07-06-2024 23:52 via rocketnews.com
  Landlord giant SL Green Realty expects to raise more than its initial $1 billion target for a new war chest aimed at distressed New York commercial real estate, and plans to begin deploying it this year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLandlord giant SL Green Realty expects to raise more than its initial $1 billion target for a new war chest aimed at distressed New York commercial real estate, and plan
  
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• Tech stocks see biggest weekly inflows in over 2 months as megacaps stage comeback

  07-06-2024 22:49 via rocketnews.com
  U.S. technology stocks just posted their largest weekly inflows in nine weeks, with the sector seeing a comeback after its megacap-led rally lost steam by the end of May, strategists at BofA Global Research said Friday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. technology stocks just posted their largest weekly inflows in nine weeks, with the sector seeing a comeback after its megacap-led rally lost steam b
  
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• What Nvidia’s stock split means for investors

  07-06-2024 17:55 via rocketnews.com
  Nvidia’s stock will start trading Monday on a split-adjusted basis, and while shares have surged in recent weeks, one strategist says the effects of a split are largely psychological.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNvidia’s stock will start trading Monday on a split-adjusted basis, and while shares have surged in recent weeks, one strategist says the effects of a split are largely psycholo
  
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• Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying

  07-06-2024 16:32 via rocketnews.com
  Gold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -than-expected monthly U.S. jobs data and a report that China’s central bank paused its year-and-a-half long streak of bullion purchases last month.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -t
  
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• Eli Lilly’s Alzheimer’s drug to face safety, dosing scrutiny from FDA advisers 

  07-06-2024 14:45 via rocketnews.com
  When a Food and Drug Administration advisory panel meets Monday to size up an Eli Lilly experimental Alzheimer’s drug, questions about safety, selection of patients for treatment, and dosing will be at the fore, documents released Thursday show.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWhen a Food and Drug Administration advisory panel meets Monday to size up an Eli Lilly experimental Alzheimer’s dr
  
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• Exxon Mobil’s stock could fall behind its peers — so stop buying, analyst says

  07-06-2024 14:44 via rocketnews.com
  Truist Securities backed away from its bullish call on Exxon Mobil’s stock, citing a number of concerns, such as the belief that the oil giant’s free cash flow yield will trail that of peers “well into 2025.”
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  [mwai_chat context=”Let’s have a discussion about this article:nnTruist Securities backed away from its bullish call on Exxon Mobil’s stock, citing a number of concerns, such as the belief that the o
  
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• XAUUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 13:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2310.36 with a target of 2500.00 – 2560.00.Alternative scenario: breakout and consolidation below the level of 2310.36 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.Analysis: the fifth wave of larger degree (5) is forming on the daily chart, with wave 3 of (5) unfolding as its part. Apparently, the third wave of smaller degree iii of 3 is forming on the H4 time frame, with wave (
  
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• Oil prices tick higher after Saudi Arabia reiterates output boost can be reversed

  07-06-2024 13:42 via rocketnews.com
  Oil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary cuts later this year can be paused or reversed.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 13:25 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 80.85 with a target of 63.77 – 55.00.Alternative scenario: breakout and consolidation above the level of 80.85 will allow the asset to continue rising to the levels of 87.80 – 94.00.Analysis: supposedly, a downward correction continues developing as second wave of larger degree (2) on the daily chart, with wave С of (2) unfolding as its part. Apparently, an ascending correction is completed as second wa
  
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• USDJPY: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 12:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 154.37 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 154.37 will allow the pair to continue declining to the levels of 151.68 – 146.44.Analysis: the ascending fifth wave of larger degree (5) of C continues forming on the daily chart, with third wave 3 of (5) unfolding as its part. The first wave of smaller degree i of 3 and corrective second wave ii of 3 a
  
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• GBPUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 12:25 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2668 with a target of 1.2910 – 1.3100.Alternative scenario: breakout and consolidation below the level of 1.2668 will allow the pair to continue declining to the levels of 1.2447 – 1.2294.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) is unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed, a de
  
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• Pound posts clear gains. Forecast as of 07.06.2024

  07-06-2024 12:07 via litefinance.org
  
  The Labour Party will highly likely win the general election. However, what if it turns out to be unconditional? Is GBPUSD poised for a collapse, as in the case of the Mexican peso? Let's talk about this topic and make a trading plan.Fundamental forecast for pound sterling for todayThe British Pound has so far strengthened against the world's major currencies as investors bet on a Labour victory in the upcoming election on July 4. The markets believe that if this happens, relations with the EU w
  
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• These 5 metro areas have hot job markets — and rents that you can actually afford

  07-06-2024 12:00 via rocketnews.com
  MarketWatch looked at the places where unemployment is low and rent is still cheap compared to incomes. One small midwestern metro area came out on top, thanks to “jobs that support families.”
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  [mwai_chat context=”Let’s have a discussion about this article:nnMarketWatch looked at the places where unemployment is low and rent is still cheap compared to incomes. One small midwestern metro area came out on top, thanks to &ldqu
  
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• EURUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 11:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0788 with a target of 1.0978 – 1.1141.Alternative scenario: breakout and consolidation below the level of 1.0788 will allow the pair to continue declining to the levels of 1.0720 – 1.0591.Analysis: an ascending wave B is presumably developing on the daily chart, with first wave 1 of (A) of B and corrective second wave 2 of (A) of B formed within. Apparently, the third wave 3 of (A) of B is developing on the
  
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• USDCHF: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 11:25 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9161 with a target of 0.8325 – 0.8050. Alternative scenario: breakout and consolidation above the level of 0.9161 will allow the pair to continue rising to the levels of 0.9451 – 0.9838.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 wave 2 of (5), and the third wave
  
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• USDCAD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 10:57 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3586 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3586 will allow the pair to continue declining to the levels of 1.3354 – 1.3170.Analysis: the fifth wave of larger degree 5 presumably continues developing on the weekly time frame, with wave (1) of 5 unfolding as its part. The fifth wave of smaller degree 5 of (1) is forming on the daily time fr
  
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• Short-term analysis for oil, gold, and EURUSD for 07.06.2024

  07-06-2024 09:09 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 corrected to the resistance area (A).Oil price forecast for today: USCrude analysisYesterday, oil quotes corrected to the resistance area (A) 75.74 - 75.44. Bears managed to hold the price below this zone. Today, consider short trades in this area wi
  
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• Euro keeps up the pace. Forecast as of 07.06.2024

  07-06-2024 09:09 via litefinance.org
  
  A deposit rate cut from 4% to 3.75% has not made the EURUSD collapse because the markets expected that move. The odds of further monetary easing by the ECB and the Fed are almost equal. How does it affect the pair? Let’s discuss it and make a trading plan.Weekly fundamental forecast for euroEverybody is happy. The ECB likes how April's signal about upcoming policy easing influenced the euro area's economy. The EURUSD bulls appreciate that the European Central Bank cut the deposit rate from
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 07.06.2024

  07-06-2024 08:49 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 BitcoinThe impulse made of subwaves [1]-[2]-[3]-[4]-[5] is forming in BTCUSD's chart. Its subwaves [1]-[2]-[3]-[4] are fully completed. The first subwave (1) may be forming as part of wave [5]. Correction 4 has presumably been completed recently as part of impulse (1), and the price is now growing in subwave 5, probably to 75048.50. At that level, the si
  
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• Lower profit forecast, less snowfall send Vail Resorts stock on a downhill run

  07-06-2024 00:17 via rocketnews.com
  Shares of Vail Resorts Inc. dropped in extended trading Thursday after the ski-resort operator cut its full-year profit outlook and offered up figures that pointed to slowing demand for the key upcoming ski season.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Vail Resorts Inc. dropped in extended trading Thursday after the ski-resort operator cut its full-year profit outlook and offered up figures that po
  
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