Analyst news

• EURUSD: Elliott wave analysis and forecast for 26.04.24 – 03.05.24

  26-04-2024 12:05 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0600 with a target of 1.1141 – 1.1350.Alternative scenario: breakout and consolidation below the level of 1.0600 will allow the pair to continue declining to the levels of 1.0437 – 1.0218.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 within. Apparently, t
  
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• General Electric Forecast: GE Stock Price Prediction for 2024, 2025, 2026-2030 and Beyond

  06-05-2024 14:54 via litefinance.org
  
  General Electric (GE) is a prominent focus for investors in the dynamic world of stock trading, especially as we look towards 2024 and the following years. GE stock has experienced numerous ups and downs, resulting in profits and losses for investors. The prevailing question is: will GE stock prices climb or descend in the upcoming periods?This article aims to provide a nuanced exploration of GE's stock potential, balancing technical analysis with market trends to guide investors in their decisi
  
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• Treasury yields decline toward 1-month lows as expectations for Fed rate cuts mount

  06-05-2024 14:30 via rocketnews.com
  Treasury yields declined toward their lowest levels in nearly a month on Monday as hopes for multiple Federal Reserve interest-rate cuts later this year helped boost demand for bonds.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTreasury yields declined toward their lowest levels in nearly a month on Monday as hopes for multiple Federal Reserve interest-rate cuts later this year helped boost demand for bonds.nnDisc
  
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• Tyson Foods’ stock rallies as strength in beef and pork sales fuel a profit beat

  06-05-2024 14:04 via rocketnews.com
  Shares of Tyson Foods Inc. climbed toward a 15-month high in premarket trading Monday, after the meats company reported a fiscal second-quarter profit that rose well above expectations — the first bottom-line growth in two years — as strength in beef and pork sales offset weakness in chicken.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Tyson Foods Inc. climbed toward a 15-month high in premar
  
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• Freshpet’s stock jumps toward a multiyear high after an unexpected quarterly profit

  06-05-2024 13:11 via rocketnews.com
  Freshpet’s stock ran up in premarket trading Monday, heading toward a high not seen since 2021, after the dog- and cat-food company reported a surprise first-quarter profit, citing to higher sales, improved gross margin and lower logistics costs.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnFreshpet’s stock ran up in premarket trading Monday, heading toward a high not seen since 2021, after the dog- and
  
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• First Lucky Ticket Draw winners from Kazakhstan, Kyrgyzstan and Uzbekistan

  06-05-2024 12:05 via litefinance.org
  
  Dear clients,We are pleased to announce the first three winners of a big raffle Lucky Ticket for traders from Kazakhstan, Kyrgyzstan and Uzbekistan.The first prize, a Galaxy S24 Ultra, goes to Mr. Bek Temirbekov with account number MT4-ECN2-781407. His winning Lucky Ticket number is 0001.Ms. Khanisa Kudabekova wins a trading deposit worth $1,000 with her Lucky Ticket number 0097. Her account number is MT4-ECN2-794966.A trading deposit worth $500 goes to Mr. Abdulborii Kamilov with account number
  
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• BoJ performs its magic trick again. Forecast as of 06.05.2024

  06-05-2024 11:54 via litefinance.org
  
  Hardly anyone believed that BoJ would repeat its magic trick of 2022. The US dollar was too strong, and the US Treasury yield was too high. However, as it turned out, the BoJ's timing was perfect. Let's discuss the Forex outlook and make up a trading plan for USDJPY.Weekly fundamental forecast for Japanese yenMy hat is off to the Bank of Japan. Not only did it dare to intervene in Forex, risking being blacklisted by the US as a currency manipulator, but it also chose a very appropriate time
  
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• Cooling economy scares USD. Forecast as of 06.05.2024

  06-05-2024 09:22 via litefinance.org
  
  Can a single report break a trend? Fed officials say they don't have enough data to make decisions, but one event in the markets could lead to a trend reversal. Let's discuss this topic and make up a trading plan for EURUSD.Weekly US dollar fundamental forecastIn December, investors received a signal from the Fed that the cooling of the US economy would lead to a reduction in the Federal funds rate. The process began only four months later. The worst six-month job gain of 175,000, an increa
  
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• Short-term analysis for oil, gold, and EURUSD for 06.05.2024

  06-05-2024 09:17 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 continued its short-term downtrend last week on Friday.Oil price forecast for today: USCrude analysisLast week on Friday, oil continued its short-term bearish trend. As a result, the price approached the Target Zone 77.11 - 76.12 but failed to test it. To
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 06.05.2024

  06-05-2024 09:00 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 correction continues unfolding as a triple zigzag W-X-Y-XX-Z. The actionary wave Y has been completed inside it. Now the price is moving up in the linking sub-wave X. The first actionary wave (W) has been completed as a standard zigzag (A)-(B)-(C) inside the linking w
  
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• Former CEO Howard Schultz says Starbucks needs to overhaul its customer experience

  06-05-2024 04:40 via rocketnews.com
  A week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief executive said the coffee chain needs to own up to its mistakes and work harder to deliver a better experience for its customers.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief executi
  
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• Paramount reportedly approves buyout talks with Sony, Apollo

  05-05-2024 22:44 via rocketnews.com
  Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times reported Sunday, after a 30-day exclusive negotiating window with Skydance expired Friday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnParamount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Managem
  
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• SEC charges firm that audits Trump’s social-media company with ‘massive fraud’ affecting hundreds of filings

  05-05-2024 00:16 via rocketnews.com
  The regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “deliberate and systemic failures” that included false documentation to make it appear its reports complied with standards set by the Public Company Accounting Oversight Board.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “del
  
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• Credit cards are the ‘financing of last resort’ for older adults as inflation persists

  04-05-2024 14:32 via rocketnews.com
  As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAs inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards hav
  
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• Personal-finance guru Dave Ramsey says it’s a great time to buy a house. Experts don’t agree.

  04-05-2024 14:00 via rocketnews.com
  For the last several months, personal-finance guru Dave Ramsey has been telling aspiring homeowners that it’s a great time to buy a house — even though monthly housing costs are at a record high.
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  [mwai_chat context=”Let’s have a discussion about this article:nnFor the last several months, personal-finance guru Dave Ramsey has been telling aspiring homeowners that it’s a great time to buy a house — even though m
  
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• U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides

  04-05-2024 00:44 via rocketnews.com
  U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor
  
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• Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan

  03-05-2024 23:24 via rocketnews.com
  Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving ve
  
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• Nasdaq finally ‘warming up’ to Canadian cannabis companies with U.S. exposure. Could American growers be next?

  03-05-2024 22:45 via rocketnews.com
  The Nasdaq stock exchange is “warming up” to the idea of continuing to list Canadian cannabis companies even if they have exposure to the U.S. market — and a U.S. cannabis company could be next, an analyst at Jefferies said.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Nasdaq stock exchange is “warming up” to the idea of continuing to list Canadian cannabis companies even if they h
  
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• ‘He’s holding all the cards’: My mother, 86, has dementia. Her partner of 30 years is on the deed to her home. How can I gain control of her finances?

  03-05-2024 22:06 via rocketnews.com
  “I asked to be put on the deed to my mother’s home and I was met with a swift ‘no’ from her partner. He said that since he had paid off the mortgage, the house is his.”
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn“I asked to be put on the deed to my mother’s home and I was met with a swift ‘no’ from her partner. He said that since he had paid off the mortgage,
  
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• Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes

  03-05-2024 21:48 via rocketnews.com
  Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnTreasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve inte
  
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• Cocoa futures turn bitter as prices drop 30% from record highs

  03-05-2024 20:09 via rocketnews.com
  Cocoa futures on Friday marked a drop of 30% from their all-time highs, as a buying frenzy that lifted prices to a record just two weeks ago gave way to expectations for better crop conditions and worries about a drop in demand.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCocoa futures on Friday marked a drop of 30% from their all-time highs, as a buying frenzy that lifted prices to a record just two weeks ago gav
  
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• Same job, $16 less per hour: Frustrated job hunters can’t find roles that pay as well as their old ones

  03-05-2024 19:05 via rocketnews.com
  The latest jobs report shows the labor market is still strong, but some workers say they’ve been forced to take jobs that pay almost half what they earned before.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe latest jobs report shows the labor market is still strong, but some workers say they’ve been forced to take jobs that pay almost half what they earned before.nnDiscussion:nn” ai_name=&rdqu
  
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• FuboTV’s stock dives as excessively high licensing costs led to loss of content

  03-05-2024 18:49 via rocketnews.com
  FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnFuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was
  
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• Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says

  03-05-2024 17:21 via rocketnews.com
  “Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing’?” Goolsbee said.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn“Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing&rsquo
  
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• SEC charges firm that audits Trump’s Truth Social with ‘massive fraud’ affecting hundreds of filings

  03-05-2024 17:07 via rocketnews.com
  The regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “deliberate and systemic failures” that included false documentation to make it appear its reports complied with standards set by the Public Company Accounting Oversight Board.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “del
  
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• FuboTV’s stock surges after losses narrow to half what was expected

  03-05-2024 14:40 via rocketnews.com
  FuboTV’s stock powered up in premarket trading Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected and beat its own subscriber guidance.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnFuboTV’s stock powered up in premarket trading Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was
  
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• Pat Gelsinger was brought in to fix Intel. 3 years later, it still seems like a mess.

  03-05-2024 14:35 via rocketnews.com
  Turning around Intel Corp., the second-largest chip maker in the world, is taking a lot longer than many investors were counting on — but they need to be patient because the ongoing strategic changes may yet save the company.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnTurning around Intel Corp., the second-largest chip maker in the world, is taking a lot longer than many investors were counting on — b
  
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• Gambling-software company Games Global valued at about $2 billion in IPO

  03-05-2024 14:23 via rocketnews.com
  Games Global, which recently entered the U.S. market, has 40 exclusive studios, more than 1,300 proprietary games, and “some of the industry’s highest paying progressive jackpot network,” according to the company.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnGames Global, which recently entered the U.S. market, has 40 exclusive studios, more than 1,300 proprietary games, and “some of the ind
  
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• HSA costs you need to watch out for — and when not to worry 

  03-05-2024 14:00 via rocketnews.com
  Health savings accounts are powerful tax-advantaged tools to pay for healthcare, but there are hidden fees that could cost consumers some of their savings, the Consumer Financial Protection Bureau warns.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnHealth savings accounts are powerful tax-advantaged tools to pay for healthcare, but there are hidden fees that could cost consumers some of their savings, the Consumer
  
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• XAUUSD: Elliott wave analysis and forecast for 03.05.24 – 10.05.24

  03-05-2024 13:50 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2277.15 with a target of 2500.00 – 2560.00.Alternative scenario: breakout and consolidation below the level of 2277.15 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.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 first wave 3 of (5) forming as its part. Apparently, the third
  
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