Analyst news

• Fortinet’s stock falls 8% after cybersecurity company’s quarterly billings drop

  03-05-2024 02:28 via rocketnews.com
  Shares of Fortinet Inc. fell 8% in the extended session Thursday after the cybersecurity company reported a better-than-expected first quarter and guidance that went beyond Wall Street forecasts, but billings were slightly off the mark.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Fortinet Inc. fell 8% in the extended session Thursday after the cybersecurity company reported a better-than-expected first q
  
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• Yen to go extra mile. Forecast as of 20.05.2024

  20-05-2024 11:38 via litefinance.org
  
  Currency interventions failed to force USDJPY bulls to flee from the market. However, to reverse the uptrend, the USDJPY pair needs both the slowdown in the US economy and the Bank of Japan's firm decisions. Let's discuss the Forex outlook and make up a trading plan.Weekly fundamental forecast for Japanese yenThe world is teeming with signs and symbols. The fact that 10-year Japanese bond yields have soared to their loftiest levels since ex-Bank of Japan Governor Haruhiko Kuroda e
  
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• Nigeria Lucky Ticket April Stage Winners Determined

  20-05-2024 11:03 via litefinance.org
  
  Dear Clients,Another stage of the Lucky Ticket contest that took place in April for traders from Nigeria has concluded. It's time to round up the results.We are pleased to announce three Lucky Ticket winners:Oludare Adeosun (account number MT4-L-1217025) gets 500 USD; Ezue Onyeka Vincent (account number MT4-ECN2-799236) also receives 500 USD; Tukur Tarihi Sadiq (account number MT5-ECN-6624937) wins 1000 USD.
  We heartily congratulate the winners and wish them more success in online trading!Watch
  
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• (MRNA) Moderna stock forecast for 2024, 2025, 2026-2030 and Beyond

  20-05-2024 09:45 via litefinance.org
  
  To make a forecast for Moderna shares and have an idea of what investors can expect from MRNA, experts analyze market trends and financial indicators.  Is Moderna's share price expected to rise, or will the rate decline? Analysts are overall positive and expect Moderna's stock to grow in value. In this article, you will explore a comprehensive analysis of expert forecasts, delving into the factors influencing Moderna's stock rate.Highlights and Key Points: Moderna Stock Forecast 2024-2030 T
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 20.05.2024

  20-05-2024 09:19 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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• Short-term analysis for oil, gold, and EURUSD for 20.05.2024

  20-05-2024 09:06 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 has broken through the Target Zone 2422 - 2409 today.Oil price forecast for today: USCrude analysisOil reached resistance (A) 79.99 - 79.66, maintaining an upward correction within the short-term downtrend. Hence, short trades can be considered from this
  
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• Dollar believes its eyes. Forecast as of 20.05.2024

  20-05-2024 08:57 via litefinance.org
  
  While rates are projected to be plateaued for a long time, US statistics indicate an economic and inflation slowdown. How will that affect the EURUSD? Let’s discuss it and make a trading plan.Weekly fundamental forecast for dollarEverything starts small. The US dollar's downtrend started following the US April employment report, which became the strongest evidence of the economic slowdown. Inflation statistics have shown that the Fed is not going to raise rates. When will the central bank
  
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• Stocks may rise into the summer. These 3 risks could derail the rally.

  19-05-2024 18:01 via rocketnews.com
  Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnGiven how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not t
  
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• I got bitten by a feral cat and my hospital copay wiped out my savings. I’m 50, single, with no kids. Should I cash out my $12,000 life-insurance policy?

  18-05-2024 04:05 via rocketnews.com
  “I was thinking about cashing it out, and using the money to max out a SEP or Roth IRA for the year. Can I max out both? Or only one.”
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  [mwai_chat context=”Let’s have a discussion about this article:nn“I was thinking about cashing it out, and using the money to max out a SEP or Roth IRA for the year. Can I max out both? Or only one.”nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=&rdq
  
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• Riding the Roaring Kitty roller coaster: Why GameStop and AMC meme madness is an ‘outlier event’

  17-05-2024 23:45 via rocketnews.com
  “It felt as though the market briefly took a trip back to 2021 this week” — but the spike in GameStop and AMC shares will not be a long-lasting or market-moving event, according to experts.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn“It felt as though the market briefly took a trip back to 2021 this week” — but the spike in GameStop and AMC shares will not be a long-lasting or
  
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• ‘I got bitten by a feral cat’: I’m 50, single, with no kids. Should I cash out my $12,000 life-insurance policy — my hospital copay wiped out my savings.

  17-05-2024 23:08 via rocketnews.com
  “I was thinking about cashing it out, and using the money to max out a SEP or Roth IRA for the year. Can I max out both? Or only one.”
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn“I was thinking about cashing it out, and using the money to max out a SEP or Roth IRA for the year. Can I max out both? Or only one.”nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=&rdq
  
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• Technology stocks are once again leading the way in 2024. Why these ETFs tell a different story.

  17-05-2024 22:19 via rocketnews.com
  U.S. stocks are rallying in 2024, but some of the most popular ETFs tracking key sectors haven’t kept pace, leading to significant gaps between their returns and the indexes they are designed to mirror.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. stocks are rallying in 2024, but some of the most popular ETFs tracking key sectors haven’t kept pace, leading to significant gaps between their returns
  
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• Cathie Wood’s ETFs have been buying up stock in this online-gaming company

  17-05-2024 19:43 via rocketnews.com
  Roblox’s stock has tumbled in the wake of the company’s disappointing quarterly earnings report, but Cathie Wood’s ARK Invest seems to believe that makes them much more attractive.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnRoblox’s stock has tumbled in the wake of the company’s disappointing quarterly earnings report, but Cathie Wood’s ARK Invest seems to believe that makes th
  
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• Aboard the Roaring Kitty roller coaster: Why GameStop and AMC meme madness is an ‘outlier event’

  17-05-2024 18:32 via rocketnews.com
  “It felt as though the market briefly took a trip back to 2021 this week” — but the spike in GameStop and AMC will not be a long-lasting or market-moving event, according to experts.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn“It felt as though the market briefly took a trip back to 2021 this week” — but the spike in GameStop and AMC will not be a long-lasting or market-moving
  
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• A divided Congress agrees: Buying concert tickets is frustrating and needs to be fixed.

  17-05-2024 18:31 via rocketnews.com
  The U.S. House of Representatives resoundingly passed a bill Wednesday that would mandate more transparency on ticket prices for live events and ban practices that jack up concert prices.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. House of Representatives resoundingly passed a bill Wednesday that would mandate more transparency on ticket prices for live events and ban practices that jack up concert price
  
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• Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years

  17-05-2024 16:14 via rocketnews.com
  The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.nnDiscussion:nn” ai_name=”RocketNews AI:
  
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• Tilray to sell a large block of stock as it preps for cannabis reclassification

  17-05-2024 14:50 via rocketnews.com
  Tilray Brands is getting ready for marijuana to be reclassified as a less dangerous drug in the U.S., as the cannabis company is looking to raise money through the sale of shares so it can expand.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnTilray Brands is getting ready for marijuana to be reclassified as a less dangerous drug in the U.S., as the cannabis company is looking to raise money through the sale of shar
  
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• GameStop’s stock slides premarket after company issues profit warning, files to issue more shares

  17-05-2024 14:08 via rocketnews.com
  GameStop Corp.’s stockfell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnGameStop Corp.’s stockfell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.nnDi
  
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• New blood test for strokes could help tackle a $2 trillion problem, researchers say 

  17-05-2024 14:02 via rocketnews.com
  A new blood test can quickly detect a particularly severe type of stroke, according to new research published Friday, dramatically improving patients’ odds of getting lifesaving treatment before it’s too late.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnA new blood test can quickly detect a particularly severe type of stroke, according to new research published Friday, dramatically improving patients&r
  
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• XAUUSD: Elliott wave analysis and forecast for 17.05.24 – 24.05.24

  17-05-2024 13:55 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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• WTI Crude Oil: Elliott wave analysis and forecast for 17.05.24 – 24.05.24

  17-05-2024 13:25 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 84.85 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 84.85 will allow the asset to continue rising to the levels of 94.00 – 100.00.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 w
  
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• USDJPY: Elliott wave analysis and forecast for 17.05.24 – 24.05.24

  17-05-2024 12:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 151.80 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 151.80 will allow the pair to continue declining to the levels of 146.44 – 140.13Analysis: an ascending wave of larger degree C continues forming on the daily chart, with fifth wave (5) of C unfolding as its part. The third wave 3 of (5) is unfolding on the H4 time frame, with first wave of smaller degre
  
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• GBPUSD: Elliott wave analysis and forecast for 17.05.24 – 24.05.24

  17-05-2024 12:25 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2507 with a target of 1.2910 – 1.3155.Alternative scenario: breakout and consolidation below the level of 1.2507 will allow the pair to continue declining to the levels of 1.2294 – 1.2033.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) started unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed,
  
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• EURUSD: Elliott wave analysis and forecast for 17.05.24 – 24.05.24

  17-05-2024 11:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0723 with a target of 1.1141 – 1.1350.Alternative scenario: breakout and consolidation below the level of 1.0723 will allow the pair to continue declining to the levels of 1.0591 – 1.0447.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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• Silver may hit all-time high. Forecast as of 17.05.2024

  17-05-2024 11:35 via litefinance.org
  
  XAGUSD prices will likely return to 2013 levels and touch new all-time highs on increased demand for silver in the investment and industrial sectors. Let's discuss it and make a trading plan for XAGUSD.Monthly fundamental forecast for silverBuy low, sell high! Silver still looks cheap despite the sharp decline in the XAUXAG ratio from 90 at the beginning of the year to 80. The average ratio between the metals over the past two decades is 68. XAGUSD prices have room to rise, but wh
  
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• USDCHF: Elliott wave analysis and forecast for 17.05.24 – 24.05.24

  17-05-2024 11:25 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9224 with a target of 0.8325 – 0.8050. Alternative scenario: breakout and consolidation above the level of 0.9224 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 17.05.24 – 24.05.24

  17-05-2024 10:54 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3476 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3476 will allow the pair to continue declining to the levels of 1.3354 – 1.3170.Analysis: the ascending first wave of larger degree (1) continues developing on the daily time frame, with wave 5 of (1) forming as its part. The third wave of smaller degree iii of 5 is developing on the H4 chart, wi
  
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• Short-term analysis for oil, gold, and EURUSD for 17.05.2024

  17-05-2024 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.Gold is trading in a downward correction.Oil price forecast for today: USCrude analysisOil is correcting upwards and preparing to test resistance (A) 79.99 - 79.66. Once this zone is tested, consider selling the instrument according to the pattern with the ta
  
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• Euro bets on a dark horse. Forecast as of 17.05.2024

  17-05-2024 09:09 via litefinance.org
  
  Fed officials unanimously agree that more time will be required to beat inflation, while markets wonder when rates will start to fall. In September? July? Maybe in December? Let’s find out and make a trading plan for the EURUSD.Weekly fundamental forecast for euroNew evidence is emerging that the US economy is cooling, but the Fed jury has not yet decided on a rate cut. New York Fed President John Williams, Richmond Fed President Thomas Barkin, and Cleveland Fed President Loretta Mester un
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 17.05.2024

  17-05-2024 08:57 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 forming a triple zigzag (W)-(X)-(Y)-(XX)-(Z). The current chart shows the final part of the actionary wave (W). After it formed, the price grew. The linking wave (XX) presumably unfolds as a standard zigzag A-B-C. Subwaves [3]-[4]-[5] are expected to form shortly as part of wave C in the direction of 68,000.00, as shown in the ch
  
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