Analyst news

• China EV makers under pressure after reports Biden aiming tariffs at the sector

  10-05-2024 11:24 via rocketnews.com
  Shares of NIO and Li Auto were falling in premarket trading on Friday after reports that the Biden administration could be ready to roll out fresh tariffs on China EVs and other sectors.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of NIO and Li Auto were falling in premarket trading on Friday after reports that the Biden administration could be ready to roll out fresh tariffs on China EVs and other sectors.
  
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• Copper is the metal of the moment. What ETF investors need to know before chasing the commodity rally.

  23-05-2024 23:54 via rocketnews.com
  In this edition, we look at some of the copper-related ETFs that hit all-time highs earlier this week, driven by the base metal’s surge to record territory.
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  [mwai_chat context=”Let’s have a discussion about this article:nnIn this edition, we look at some of the copper-related ETFs that hit all-time highs earlier this week, driven by the base metal’s surge to record territory.nnDiscussion:nn” ai_name=”RocketNews
  
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• Crypto’s Washington win streak continues as ether ETF debut nears. Here’s what it means for markets.

  23-05-2024 23:24 via rocketnews.com
  U.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream adoption of the world’s second-most popular cryptocurrency.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream ado
  
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• Deckers’ stock rises as sales of Hoka sneakers keep climbing

  23-05-2024 22:56 via rocketnews.com
  Deckers Outdoor Corp., maker of hit Hoka sneakers and in-again Ugg boots, zoomed past Wall Street’s expectations for its fiscal fourth quarter, thanks to big sales gains for the two shoe brands, and the stock rallied more than 7% after hours.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDeckers Outdoor Corp., maker of hit Hoka sneakers and in-again Ugg boots, zoomed past Wall Street’s expectations for i
  
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• ‘Green’ tech and EVs will lead to ‘huge’ shift in metals demand, analyst says

  23-05-2024 20:52 via rocketnews.com
  The world’s transition toward so-called “green” technologies, such as electric vehicles and battery storage, is set to significantly boost demand for metals such as copper, aluminum, cobalt, and lithium over the next two decades.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe world’s transition toward so-called “green” technologies, such as electric vehicles and battery storage
  
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• Why gold and silver fell for a third day in a row

  23-05-2024 20:43 via rocketnews.com
  Gold and silver settle sharply lower Thursday, extending losses into a third straight session a day after minutes from the Federal Reserve showed that some policymakers were willing to raise interest rates if needed to fight inflation.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGold and silver settle sharply lower Thursday, extending losses into a third straight session a day after minutes from the Federal Reserv
  
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• Lululemon’s stock keeps falling. But one analyst says the market is wrong.

  23-05-2024 20:27 via rocketnews.com
  Lululemon investors are suffering through the longest losing streak for the yoga gear maker’s stock in a year, but BofA Securities tried to reassure them by saying the shares of the “best-in-class retailer” are being mispriced.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLululemon investors are suffering through the longest losing streak for the yoga gear maker’s stock in a year, but BofA S
  
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• Kagi Chart: How to Trade on Forex Using Kagi Chart

  23-05-2024 17:46 via litefinance.org
  
  The Kagi chart resembles a linear price chart. However, it serves an entirely different function. Consisting of a series of vertical lines connected by short horizontal lines, the Kagi chart references an asset's price action rather than the movement of quotes anchored to time.In this article, we will analyze how to trade using the Kagi chart, and what signals can be obtained with it when trading. Kagi Chart ConstructionThe Kagi chart has vertical lines connected by horizontal ones, forming
  
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• Jobless claims fall again to 215,000. Strong labor market fuels U.S. economy.

  23-05-2024 14:34 via rocketnews.com
  The number of Americans who applied for unemployment benefits last week fell again to 215,000, reaffirming that layoffs are low and the economy is being buoyed by a strong labor market.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe number of Americans who applied for unemployment benefits last week fell again to 215,000, reaffirming that layoffs are low and the economy is being buoyed by a strong labor market.nn
  
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• Nvidia is sporting growth one tech CEO says hasn’t been seen ‘in the history of capitalism’

  23-05-2024 14:15 via rocketnews.com
  One tech CEO remarked that Nvidia’s ability to post $22.6 billion in quarterly data-center revenue, after having seen just $4.3 billion a year before, is simply one-of-a-kind growth.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOne tech CEO remarked that Nvidia’s ability to post $22.6 billion in quarterly data-center revenue, after having seen just $4.3 billion a year before, is simply one-of-a-kind gro
  
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• (USDZAR) Dollar to Rand Forecast for 2024, 2025-2030 and Beyond

  23-05-2024 14:02 via litefinance.org
  
  A complex blend of global economic trends and local market dynamics shapes the USD/ZAR exchange rate. Our analysis of the coming years highlights the expected volatility and key influences on this currency pair. As we look deeper into these factors, financial professionals and investors will find essential insights to navigate the USD/ZAR market's future shifts. Join us for a focused exploration of the evolving landscape of this crucial exchange rate.Highlights and Key Points: Dollar to Rand For
  
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• Three reasons to buy pound. Forecast as of 23.05.2024

  23-05-2024 12:24 via litefinance.org
  
  The pound has surpassed the US dollar to become the year's top-performing G10 currency. The reason for this is more than the reduction of divergence in economic growth. Let's discuss that and make a trading plan for GBPUSD.Monthly fundamental forecast for pound sterlingThe announcement of the British general election date was a sigh of relief for the pound. According to law, they must be held by January 28, 2025, and speculation about the exact dates created uncertainty, which could have be
  
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• Tory MPs jostle for finance jobs after Sunak calls election

  23-05-2024 11:06 via rocketnews.com
  Conservative politicians are strengthening their ties to City firms, priming for potential job opportunities that could open up after the general election as Prime Minister Rishi Sunak reveals the date of the contest.
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  [mwai_chat context=”Let’s have a discussion about this article:nnConservative politicians are strengthening their ties to City firms, priming for potential job opportunities that could open up after the general election
  
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• Treasury yields inch higher as traders absorb Fed minutes, await economic updates

  23-05-2024 10:36 via rocketnews.com
  Bond yields rose slightly early Thursday as investors eyed looming weekly jobless claims data and services and manufacturing surveys for fresh clues on the health of the U.S. economy.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBond yields rose slightly early Thursday as investors eyed looming weekly jobless claims data and services and manufacturing surveys for fresh clues on the health of the U.S. economy.nnDisc
  
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• Nvidia is set to be worth as much as all German stocks put together

  23-05-2024 09:57 via rocketnews.com
  Nvidia’s standout first-quarter puts the chipmaker at the forefront of the artificial intelligence revolution to have nearly the same market value as all listed German companies put together.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNvidia’s standout first-quarter puts the chipmaker at the forefront of the artificial intelligence revolution to have nearly the same market value as all listed German c
  
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• Short-term analysis for oil, gold, and EURUSD for 23.05.2024

  23-05-2024 09:13 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.Gold corrected to the key support level.Oil price forecast for today: USCrude analysisOil continues to fall within the short-term downtrend. The downside target is the May 15 low. If the price consolidates below this level, it may break through the Targe
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 23.05.2024

  23-05-2024 09:11 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 continues 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 level of 77,507.61, marked
  
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• Dollar gave answers. Forecast as of 23.05.2024

  23-05-2024 08:52 via litefinance.org
  
  Why are Fed officials sticking to hawkish rhetoric despite US inflation slowing in April? The FOMC minutes from April 30 – May 1 meeting gave the answer. Let’s discuss it and make a trading plan for EURUSD.Weekly fundamental forecast for dollarYou can't scare the markets with old horror stories, but you can still puzzle them. Investors are cautious, as the minutes of the last FOMC meeting suggest the Fed may resume policy tightening if inflation continues to accelerate. Stock indices
  
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• Live Nation stock falls after report that DOJ will seek company’s breakup in antitrust suit

  23-05-2024 02:30 via rocketnews.com
  Shares of Live Nation Entertainment Inc. sank in after-hours trading Wednesday following reports that the Justice Department is poised to sue the company over antitrust violations and will seek its breakup.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Live Nation Entertainment Inc. sank in after-hours trading Wednesday following reports that the Justice Department is poised to sue the company over antitru
  
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• Cencora to buy $400 million in stock back from Walgreens

  23-05-2024 00:06 via rocketnews.com
  Cencora has agreed to buy about $400 million in stock back from Walgreens Boots Alliance, the second time the pharmacy chain has reduced its stake in the company this year as it looks to free up cash to pare down debt.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCencora has agreed to buy about $400 million in stock back from Walgreens Boots Alliance, the second time the pharmacy chain has reduced its stake in the
  
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• ‘So far, so great’ for newly public Reddit, says moderator-turned-investor

  22-05-2024 23:20 via rocketnews.com
  Just over 60 days since Reddit Inc.’s initial public offering, one of the social-media platform’s moderators-turned-investors says she is “really pleased” with how things are going.
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  [mwai_chat context=”Let’s have a discussion about this article:nnJust over 60 days since Reddit Inc.’s initial public offering, one of the social-media platform’s moderators-turned-investors says she is “really ple
  
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• Buy-now-pay-later will be regulated like credit cards under new Biden rule. Here’s what shoppers should know.

  22-05-2024 23:05 via rocketnews.com
  The growing number of people who use buy-now-pay-later loans are poised to receive stronger protections when they want their money back, the federal consumer watchdog said Wednesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe growing number of people who use buy-now-pay-later loans are poised to receive stronger protections when they want their money back, the federal consumer watchdog said Wednesday.nnDiscus
  
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• Garmin’s stock on track for biggest one-day decline in almost two years after BofA downgrade to sell

  22-05-2024 19:10 via rocketnews.com
  The last time the stock fell that much was July 27, 2022, when it fell 8.7%, according to Dow Jones Market Data. BofA says the stock is priced to perfection — meaning there’s only downside risk.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe last time the stock fell that much was July 27, 2022, when it fell 8.7%, according to Dow Jones Market Data. BofA says the stock is priced to perfection — m
  
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• Economic calendar for the week 27.05.2024 – 02.06.2024

  22-05-2024 17:39 via litefinance.org
  
  Since the end of 2022, the DXY dollar index has been trading in a range between 107.00 and 100.00, moving away and then again approaching one of its boundaries.At the end of May 2024, DXY remains roughly in the upper half of this range and near 105.00. At the same time, the dollar and the DXY index still retain the potential for further growth, while the world's largest central banks, including the Federal Reserve, are increasingly “focusing on inflation.” While with regard to the EC
  
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• This Nvidia-heavy investing strategy has been outperforming the S&P 500

  22-05-2024 17:10 via rocketnews.com
  A low-cost index strategy tracking stocks with the highest risk-weighted returns has fared well during a period of high inflation and “clear, defined leadership” for the technology sector.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA low-cost index strategy tracking stocks with the highest risk-weighted returns has fared well during a period of high inflation and “clear, defined leadership&rdquo
  
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• Amid ‘Ozempic babies’ questions, women account for more than 75% of young adults taking GLP-1 drugs, study finds 

  22-05-2024 17:04 via rocketnews.com
  More than three out of four young adults prescribed GLP-1 drugs last year were women, new research shows–raising questions about how societal views of women’s weight may influence use of these medications and underscoring the need to better understand how the drugs may affect fertility, pregnancy, and longer-term health outcomes, researchers say.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMore than th
  
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• How to Trade the Three White Soldiers Chart Pattern

  22-05-2024 14:57 via litefinance.org
  
  Finding patterns in the fascinating world of trading can be crucial to success. One such potent pattern that often heralds good news for traders is the "three white soldiers" pattern, known for its bullish implications in the financial markets. Like a trio of gallant warriors marching into battle, this candlestick pattern symbolizes a powerful current uptrend, signaling potential opportunities for traders to conquer the market and reap the rewards. Let's unravel the mysteries of this format
  
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• Rising Wedge - What Is It & How Does It Work?

  22-05-2024 14:50 via litefinance.org
  
  In the intricate world of technical analysis, discerning the rising wedge chart pattern can be a game-changer for traders. This pattern, distinguished by its converging trend lines that slope upwards, often indicates that a wedge is a bearish reversal in the making, even as prices rise. As the rising wedge formed, it becomes evident that the bullish momentum is tapering off, hinting at a potential shift in market sentiment.The rising wedge isn't merely a visual marker; it mirrors the subtle shif
  
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• Symmetrical Triangle Pattern - What is it & How Does it Work?

  22-05-2024 14:46 via litefinance.org
  
  When it comes to trading processes, benefiting from practices like the symmetrical triangle chart pattern is a turning point. This powerful pattern, often observed in financial markets, plays a crucial role in guiding trading decisions. Trading the symmetrical triangle and learning how to utilize it effectively can significantly enhance one's trading approach and potential profits. In this article, we delve into the symmetrical triangle pattern, shedding light on its definition, characteris
  
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• Williams-Sonoma’s stock heads for record after profit crushes estimates

  22-05-2024 14:41 via rocketnews.com
  Williams-Sonoma Inc.’s stock WSM rose 8% early Wednesday and was headed for a fresh record, after the upscale home goods retailer crushed profit estimates for the first quarter while revenue also came in ahead of consensus.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWilliams-Sonoma Inc.’s stock WSM rose 8% early Wednesday and was headed for a fresh record, after the upscale home goods retailer crushed
  
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