Analyst news

• Meta to lift restrictions on Trump’s social-media accounts ahead of election

  12-07-2024 23:46 via rocketnews.com
  Facebook and Instagram parent Meta Platforms Inc. on Friday said it would lift restrictions placed last year on the social-media accounts of former President Donald Trump — a move the company said is intended to level the playing field for this year’s presidential election.
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  [mwai_chat context=”Let’s have a discussion about this article:nnFacebook and Instagram parent Meta Platforms Inc. on Friday said it would lift restric
  
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• 2-year Treasury yield ends at lowest since February after decline in consumer sentiment

  12-07-2024 21:41 via rocketnews.com
  Rates on U.S. government debt finished lower on Friday, with 2- and 10-year yields hitting the lowest levels in four or five months, after data from the University of Michigan showed a drop in consumer sentiment.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRates on U.S. government debt finished lower on Friday, with 2- and 10-year yields hitting the lowest levels in four or five months, after data from the Univers
  
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• Oil posts first weekly loss in five weeks as traders weigh inflation data, demand signals

  12-07-2024 21:19 via rocketnews.com
  Oil futures posted a decline on Friday to tally their first weekly loss in five, as traders weighed this week’s U.S. inflation data, prospects for supplies, and the latest signs of demand.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures posted a decline on Friday to tally their first weekly loss in five, as traders weighed this week’s U.S. inflation data, prospects for supplies, and the latest
  
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• Corn prices touch a nearly 4-year low, then rise as USDA lifts demand forecast

  12-07-2024 20:53 via rocketnews.com
  Corn futures settled higher on Friday, finding support from data showing that U.S. corn use, a proxy for demand, rose more than supply — prompting prices to give up early losses that had pulled them to their lowest level since 2020.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCorn futures settled higher on Friday, finding support from data showing that U.S. corn use, a proxy for demand, rose more than supply
  
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• Oil prices higher, buoyed by cooler U.S. inflation data

  12-07-2024 17:42 via rocketnews.com
  Oil futures looked to stretch their gains into a third straight session on Friday, as a cooler-than-expected U.S. June consumer-price index reading this week reinforced expectations for the Federal Reserve to begin cutting interest rates later this year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures looked to stretch their gains into a third straight session on Friday, as a cooler-than-expected U.S. June
  
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• AT&T’s stock falls after company discloses hack of calls and texts affecting almost all customers

  12-07-2024 17:06 via rocketnews.com
  AT&T said that the hacked data “does not contain the content of calls or texts, personal information such as Social Security numbers, dates of birth, or other personally identifiable information.”
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  [mwai_chat context=”Let’s have a discussion about this article:nnAT&T said that the hacked data “does not contain the content of calls or texts, personal information such as Social Security numbers, dates of birth,
  
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• Biden and Trump are split on a key issue that could be a ‘wildcard’ for gas prices

  12-07-2024 16:43 via rocketnews.com
  This may come as a surprise to some: U.S. presidential elections and policies don’t impact the short-term cost of gasoline at the pump, according to Patrick De Haan, head of petroleum analysis at GasBuddy.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThis may come as a surprise to some: U.S. presidential elections and policies don’t impact the short-term cost of gasoline at the pump, according to Patric
  
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• USD/CHF: Elliott wave analysis and forecast for 12.07.24 – 19.07.24

  12-07-2024 15:00 via litefinance.org
  
  Key takeaways: Main scenario: consider short positions from corrections below the level of 0.9050 with a target of 0.8546 – 0.8325. A sell signal: after the level of 0.9050 is broken. Stop Loss: 0.9150, Take Profit: 0.8325. Alternative scenario: breakout and consolidation above the level of 0.9050 will allow the pair to continue rising to the levels of 0.9226 – 0.9451. A buy signal: after the level of 0.9050 is broken. Stop Loss: 0.8950, Take Profit: 0.9451.Main scenarioConsider shor
  
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• Tech stocks could see a Brexit-like rerun, this fund manager says. A big test is brewing.

  12-07-2024 14:51 via rocketnews.com
  Lake Cornelia Research Management’s chief investment officer Judd Arnold says stocks could be looking at a repeat of recent history if an unwind of a popular trade continues on Friday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLake Cornelia Research Management’s chief investment officer Judd Arnold says stocks could be looking at a repeat of recent history if an unwind of a popular trade continues on
  
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• Technical Maintenance Scheduled for 13.07.2024

  12-07-2024 14:38 via litefinance.org
  
  Dear Clients,Please note that on 13.07.2024 at 9:00 AM server time (as indicated in the trading terminals), technical maintenance will take place and is expected to last no more than one hour.During the maintenance period, the following services may be unavailable: Client's profile and web-platform at my.litefinance.org; Mobile Trading app; LiteFinance Partner app.Clients using the LiteFinance web-platform, please note that trading will be available as usual through the MT4, MT5, and cTrader ter
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 12.07.24 – 19.07.24

  12-07-2024 14:30 via litefinance.org
  
  Key takeaways Main scenario: consider short positions from corrections below the level of 84.80 with a target of 72.30 – 67.60. A sell signal: after the level of 84.80 is broken. Stop Loss: 86.50, Take Profit: 67.60. Alternative scenario: breakout and consolidation above the level of 84.80 will allow the asset to continue rising to the levels of 90.95 – 95.25. A buy signal: after the level of 84.80 is broken. Stop Loss: 83.00, Take Profit: 95.25.Main scenarioConsider short positions
  
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• XAU/USD: Elliott wave analysis and forecast for 12.07.24 – 19.07.24

  12-07-2024 13:55 via litefinance.org
  
  Key takeaways Main scenario: consider long positions from corrections above the level of 2293.93 with a target of 2500.00 – 2560.00. A buy signal: after the level of 2293.93 is broken. Stop Loss: 2250.00, Take Profit: 2560.00. Alternative scenario: breakout and consolidation below the level of 2293.93 will allow the pair to continue declining to the levels of 2218.46 – 2161.56. A sell signal: after the level of 2293.93 is broken. Stop Loss: 2330.00, Take Profit: 2161.56.Main scenario
  
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• Oil prices higher after cooler U.S. inflation data

  12-07-2024 13:44 via rocketnews.com
  Oil futures rose Friday morning, aiming for a third straight winning session, after finding modest support the previous day following a cooler-than-expected June consumer-price index reading that reinforced expectations for the Federal Reserve to begin cutting interest rates later this year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures rose Friday morning, aiming for a third straight winning session, af
  
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• USD/JPY: Elliott wave analysis and forecast for 12.07.24 – 19.07.24

  12-07-2024 13:25 via litefinance.org
  
  Key takeaways Main scenario: consider long positions above the level of 154.50 with a target of 165.00 – 170.00 once a correction has formed. A buy signal: after the level of 154.50 is broken. Stop Loss: 153.00, Take Profit: 170.00. Alternative scenario: breakout and consolidation below the level of 154.50 will allow the pair to continue declining to the levels of 151.68 – 146.44. A sell signal: after the level of 154.50 is broken. Stop Loss: 156.00, Take Profit: 146.44.Main scenario
  
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• AT&T’s stock slides 3% after company discloses hack of calls and texts

  12-07-2024 13:01 via rocketnews.com
  The company said that the hacked data “does not contain the content of calls or texts, personal information such as Social Security numbers, dates of birth, or other personally identifiable information.”
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe company said that the hacked data “does not contain the content of calls or texts, personal information such as Social Security numbers, dates of b
  
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• GBP/USD: Elliott wave analysis and forecast for 12.07.24 – 19.07.24

  12-07-2024 12:55 via litefinance.org
  
  Key takeaways Main scenario: consider long positions from corrections above the level of 1.2610 with a target of 1.3145 – 1.3740. A buy signal: after the level of 1.2610 is broken. Stop Loss: 1.2500, Take Profit: 1.3740. Alternative scenario: breakout and consolidation below the level of 1.2610 will allow the pair to continue declining to the levels of 1.2300 – 1.2030. A sell signal: after the level of 1.2610 is broken. Stop Loss: 1.2710, Take Profit: 1.2030.Main scenarioConsider lon
  
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• EUR/USD: Elliott wave analysis and forecast for 12.07.24 – 19.07.24

  12-07-2024 12:25 via litefinance.org
  
  Key takeaways Main scenario: consider long positions from corrections above the level of 1.0665 with a target of 1.1141 – 1.1273. A buy signal: after the level of 1.0665 is broken. Stop Loss: 1.0600, Take Profit: 1.1273. Alternative scenario: breakout and consolidation below the level of 1.0665 will allow the pair to continue declining to the levels of 1.0450 – 1.0217. A sell signal: after the level of 1.0665 is broken. Stop Loss: 1.0750, Take Profit: 1.0217.Main scenarioConsider lon
  
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• BoJ Remains Silent on Intervention. Forecast as of 12.07.2024

  12-07-2024 12:00 via litefinance.org
  
  Despite government officials' denials, the sharp plunge in USDJPY quotes indicates Japan's intervention in the Forex market. This time, the intervention was timed to coincide with the release of US inflation data. Let's discuss this topic and make a trading plan.Highlights and key points The yen has strengthened against the US dollar by almost 3%. The government does not talk about intervention, but it does not deny it either. It takes efforts from both sides to reverse the trend in the USDJPY.
  
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• USD/СAD: Elliott wave analysis and forecast for 12.07.24 – 19.07.24

  12-07-2024 11:53 via litefinance.org
  
  Key takeaways Main scenario: consider short positions from corrections below the level of 1.3755 with a target of 1.3352 – 1.3166. A sell signal: after the level of 1.3755 is broken. Stop Loss: 1.3850, Take Profit: 1.3166. Alternative scenario: breakout and consolidation above the level of 1.3755 will allow the pair to continue rising to the levels of 1.4000 – 1.4200. A buy signal: after the level of 1.3755 is broken. Stop Loss: 1.3650, Take Profit: 1.4200.Main scenarioConsider short
  
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• ‘Big Short’ investor Steve Eisman says shorting current market would be ‘insanity’

  12-07-2024 11:15 via rocketnews.com
  Eisman, who was played by Steve Carell in the 2015 movie ‘The Big Short,’ played down concerns about the current economy as he argued AI will boost the world’s top tech companies
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  [mwai_chat context=”Let’s have a discussion about this article:nnEisman, who was played by Steve Carell in the 2015 movie ‘The Big Short,’ played down concerns about the current economy as he argued AI will boost the world’
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 12.07.2024

  12-07-2024 10:27 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 rebounded from the support (A) 81.19 - 80.92 and continues to grow now.Highlights and key pointsUSCrude: After hitting the support (A) 81.19 - 80.92, oil continues to rise. Consider holding long trades with the first target at 82.42 today. XAUUSD: Gold is
  
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• US Dollar Slumps as CPI Cools. Forecast as of 12.07.2024

  12-07-2024 08:31 via litefinance.org
  
  US inflation declined on a month-on-month basis for the first time since the pandemic, providing further evidence that the economy is cooling. This factor is forcing the Fed to cut the federal funds rate. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points Slowing US inflation has raised September cut odds to 93%. The market sees three Fed rate cuts in 2024. Slumping stock indices hampered the EURUSD's rise. The euro may soar to 1.1-1.11.Monthly US doll
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 12.07.2024

  12-07-2024 08:30 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Key takeaways BTCUSD: A descending wave Z is expected to reach 53,527.00. Consider selling from the current level with Take Profit at 53,527.00. XRPUSD: Bears continue holding at 0.348. Consider selling from the current level with Take Profit at 0.348. ETHUSD: Impulse (C) continues unfolding. Consider selling with Take Profit at 2,806.27.Elliott Wave analysis for Bitcoi
  
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• Finance Minister Suzuki mum on whether Japan intervened in currency market

  12-07-2024 04:37 via rocketnews.com
  Japan’s Finance Minister Shunichi Suzuki on Friday voiced concerns over the yen’s weakness but declined to comment on whether the government intervened to prop up the yen on Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnJapan’s Finance Minister Shunichi Suzuki on Friday voiced concerns over the yen’s weakness but declined to comment on whether the government intervened to prop up th
  
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• Dollar General to pay $12 million fine and take steps to make its stores safer

  12-07-2024 02:50 via rocketnews.com
  Dollar-store chain Dollar General Corp. has agreed to pay $12 million and take more steps to make its workplaces safer, following longstanding complaints over working conditions, the Department of Labor said Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDollar-store chain Dollar General Corp. has agreed to pay $12 million and take more steps to make its workplaces safer, following longstanding complaints o
  
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• This single-stock ETF with Nvidia exposure is up over 400% this year. Why investors should stay away.

  12-07-2024 00:10 via rocketnews.com
  Wall Street’s blistering stock rally has everyday investors eager to amplify their bets on some of the most popular names including Nvidia Corp. and Tesla Inc., even it sounds a lot like gambling.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWall Street’s blistering stock rally has everyday investors eager to amplify their bets on some of the most popular names including Nvidia Corp. and Tesla Inc., eve
  
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