Analyst news

• ‘He’s afraid to upset her’: My friend, 78, has $500K saved and owns a home with his girlfriend of 20 years. Should he split his estate with his daughter?

  08-05-2024 03:29 via rocketnews.com
  “They purchased their house for $360,000, and it is now valued at nearly $700,000. He would like to downsize to a condo due to his health, but she is reluctant as she has custody of two grandchildren.”
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  [mwai_chat context=”Let’s have a discussion about this article:nn“They purchased their house for $360,000, and it is now valued at nearly $700,000. He would like to downsize to a condo due to his health, but she is rel
  
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• Marathon bondholders signaled deal ahead of ConocoPhillips merger announcement

  29-05-2024 16:56 via rocketnews.com
  Marathon Oil bonds were rallying Wednesday on the heels of the announcement of the company’s $17.5 billion acquisition by ConocoPhillips, but investors had already been moving money into the energy company ahead of the deal.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMarathon Oil bonds were rallying Wednesday on the heels of the announcement of the company’s $17.5 billion acquisition by ConocoPhillips
  
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• Chewy’s stock is having its best day ever after yet another earnings beat

  29-05-2024 16:56 via rocketnews.com
  Chewy’s stock soared toward their best day in a year, after the online pet products seller reported another quarterly earnings beat, amid strength in margins and sales per active customer.
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  [mwai_chat context=”Let’s have a discussion about this article:nnChewy’s stock soared toward their best day in a year, after the online pet products seller reported another quarterly earnings beat, amid strength in margins and sales per
  
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• World stock market holidays: June 2024

  29-05-2024 16:33 via litefinance.org
  
  Dear clients,Please get acquainted with upcoming changes in LiteFinance’s trading schedule this month.Memorial Day, South Korea, 06.06.2024Trading instrument Closure Resumption USDKRW 05/06/2024 22:59:59 07/06/2024 3:00:00
  Dragon Boat Festival, HK & CN, 10.06.2024Trading instrument Closure Resumption HK50 07/06/2024 22:00:00 11/06/2024 4:15:00
  King's Birthday, AU, 10.06.2024Trading instrument Closure Resumption ASX200 07/06/2024 23:59:59 10/06/2024 10:10:00
  Juneteenth, US, 19.06.2024Tr
  
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• Economic calendar for the week 03.06.2024 – 09.06.2024

  29-05-2024 14:20 via litefinance.org
  
  While some economists expect the Fed to begin its monetary policy easing cycle no earlier than the end of 2024 or the beginning of 2025, for the ECB these dates have already shifted to June. And just this week (03.06.2024 – 09.06.2024) the ECB meeting dedicated to monetary policy issues will take place.Given the slowdown in inflation in the Eurozone and its approach to the target level of 2%, as well as weak macro statistics from the region, and the dovish rhetoric of statements by represe
  
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• These companies are expected to be the fastest earnings growers in the cheap S&P 500 energy sector

  29-05-2024 14:12 via rocketnews.com
  Energy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEnergy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.nnDiscussion:nn” ai_name=&
  
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• Abercrombie & Fitch’s stock extends record run after Q1 sales top $1 billion

  29-05-2024 14:09 via rocketnews.com
  Abercrombie & Fitch’s stock was set to continue their record run on Wednesday after the apparel and accessories retailer reported quarterly profit that beat expectations by a wide margin, as sales rose to a record for the first quarter.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAbercrombie & Fitch’s stock was set to continue their record run on Wednesday after the apparel and accessories reta
  
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• Cathie Wood’s latest bold forecast: El Salvador economy to grow tenfold in five years

  29-05-2024 11:14 via rocketnews.com
  Cathie Wood is not shy to make bold predictions, and after meeting El Salvador’s crypto-loving leader, she said the country’s economy could soar tenfold in five years.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCathie Wood is not shy to make bold predictions, and after meeting El Salvador’s crypto-loving leader, she said the country’s economy could soar tenfold in five years.nnDiscussion:n
  
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• Why a possible ConocoPhillips/Marathon Oil merger may be the last among the majors

  29-05-2024 10:20 via rocketnews.com
  With ConocoPhillips reportedly on the cusp of an all-stock deal to buy Marathon Oil Corp., the end of several years of consolidation among the industry’s big players is nigh.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWith ConocoPhillips reportedly on the cusp of an all-stock deal to buy Marathon Oil Corp., the end of several years of consolidation among the industry’s big players is nigh.nn
  
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• Ten-year Treasury yield near four-week highs as Fed rate-cut bets curtailed

  29-05-2024 10:17 via rocketnews.com
  U.S. bond yields rose Wednesday as concerns grew that the Federal Reserve may have to keep interest rates high for longer and traders eyed crucial inflation data on Friday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. bond yields rose Wednesday as concerns grew that the Federal Reserve may have to keep interest rates high for longer and traders eyed crucial inflation data on Friday.nnDiscussion:nn” ai_na
  
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• Silvers hits new highs on increased demand. Forecast as of 29.05.2024

  29-05-2024 10:07 via litefinance.org
  
  Strong industrial demand for silver, especially from India and China, and the metal's appeal as a financial asset are working wonders. XAGUSD prices have soared to 11-year highs. Let's talk about it and make a trading plan.Monthly fundamental forecast for silverIt is important to be in the right place at the right time! Silver is making the most of its dual status as an industrial metal and a financial asset. With the reinforcement of the bipolar world and the active de-dollarization in the conv
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 29.05.2024

  29-05-2024 09:18 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.The cryptocurrencies may drop to the previous lows. Elliott Wave analysis for BitcoinWe can see a layout of an impulse forming. It consists 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. The first subwave (1) may be unfoldi
  
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• Short-term analysis for oil, gold, and EURUSD for 29.05.2024

  29-05-2024 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.The euro is correcting downward after rising on May 24-28.Oil price forecast for today: USCrude analysisOil is maintaining a correction within the short-term downtrend. As part of the correction, the price broke through resistance (A) 79.32 - 79.02 and is app
  
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• Dollar catches us off guard. Forecast as of 29.05.2024

  29-05-2024 08:49 via litefinance.org
  
  The EURUSD's trend is data-dependent. The release of strong US stats tipped the scales in bears' favor. For how long? Will bulls come to their senses quickly and regain the initiative? Let’s discuss it and make a trading plan.Weekly fundamental forecast for dollarIf the market reacts so strongly to the first increase in US consumer confidence in four months, then all is not lost for the US dollar. The rise of the Conference Board indicator from 97.5 to 102 in May caught investors off guard
  
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• New Jersey to get $125 million from Orsted after offshore wind projects halted

  29-05-2024 02:48 via rocketnews.com
  Orsted will pay New Jersey $125 million after the Danish energy company decided to cease development on the Ocean Wind 1 and Ocean Wind 2 projects, according to the state’s Board of Public Utilities.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOrsted will pay New Jersey $125 million after the Danish energy company decided to cease development on the Ocean Wind 1 and Ocean Wind 2 projects, according to the st
  
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• 10-year Treasury yield logs biggest daily jump in a month after weak auctions

  28-05-2024 21:43 via rocketnews.com
  Longer U.S. Treasury yields post biggest daily jump in a month on tepid demand for new supply and after Fed President Kashkari didn’t rule out further rate hikes.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLonger U.S. Treasury yields post biggest daily jump in a month on tepid demand for new supply and after Fed President Kashkari didn’t rule out further rate hikes.nnDiscussion:nn” ai_name=&rdqu
  
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• Brent oil ends at May high as investors await weekend OPEC+ meeting

  28-05-2024 21:39 via rocketnews.com
  Oil futures finish higher Tuesday, with most traders expecting the Organization of the Petroleum Exporting Countries and its Russia-led allies to roll over voluntary production cuts into the third quarter when they meet this weekend.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures finish higher Tuesday, with most traders expecting the Organization of the Petroleum Exporting Countries and its Russia-led all
  
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• U.S. tech sector must do more to stop Russia from using its products, Biden adviser says

  28-05-2024 20:58 via rocketnews.com
  Daleep Singh, President Joe Biden’s deputy national security adviser for international economics, urged technology companies and other U.S. sectors on Tuesday to put more effort into keeping their products out of the hands of Russia’s military.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDaleep Singh, President Joe Biden’s deputy national security adviser for international economics, urged techno
  
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• Virgin Galactic’s stock rallies as milestone mission looms

  28-05-2024 20:07 via rocketnews.com
  Virgin Galactic is targeting a launch window that opens June 8 for the final flight of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft.
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  [mwai_chat context=”Let’s have a discussion about this article:nnVirgin Galactic is targeting a launch window that opens June 8 for the final flight of its Unity spacecraft before it halts commercial operations to develop&nb
  
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• Treasury yields climb after relatively weak 2-year and 5-year auctions

  28-05-2024 19:58 via rocketnews.com
  U.S. Treasury yields were higher Tuesday after relatively weak 2-year and 5-year auctions and as traders weighed comments from Minneapolis Federal Reserve Bank President Neel Kashkari about him not yet ruling out the potential for further rate hikes.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. Treasury yields were higher Tuesday after relatively weak 2-year and 5-year auctions and as traders weighed comments
  
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• These companies are expected to be the fastest earnings growers in the S&P 500’s cheapest sector

  28-05-2024 17:48 via rocketnews.com
  Energy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnEnergy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.nnDiscussion:nn” ai_name=&
  
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• The world’s largest pension fund may be running dry

  28-05-2024 17:21 via rocketnews.com
  A population equaling the size of the entire U.S. will retire from China’s workforce by 2035, and the country isn’t reproducing sufficiently to mend its fraying social safety net.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnA population equaling the size of the entire U.S. will retire from China’s workforce by 2035, and the country isn’t reproducing sufficiently to mend its fraying social s
  
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• Zoom (ZM) Price Prediction for 2024 and Beyond

  28-05-2024 10:47 via litefinance.org
  
  When people worked from home during the COVID-19 pandemic, Zoom Video Communications (ZM) shares skyrocketed to $558. However, the stock plunged dramatically to $60 after the restrictions were lifted. Nevertheless, investors still see potential in the cloud-based video conferencing solutions sector.This article encompasses various forecasts of Zoom's share price up to 2030. In addition, you will get insights into ZM stock analysis that employs different methods and approaches. The advantages and
  
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• Aussie to post more gains. Forecast as of 28.05.2024

  28-05-2024 10:38 via litefinance.org
  
  With inflation slowing and the Australian economy cooling, the RBA may be forced to start cutting rates. However, it remains to be seen how events will unfold. AUDUSD has plenty of bullish factors to take advantage of. Let's talk about this and make a trading plan for AUDUSD.Monthly Australian dollar fundamental forecastWhile skeptics say the Australian dollar is too weak and unlikely to reach its post-pandemic high of $0.69 due to a weak Chinese economy and the RBA's fear of raising interest ra
  
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• Short-term analysis for oil, gold, and EURUSD for 28.05.2024

  28-05-2024 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 short-term downtrend.Oil price forecast for today: USCrude analysisOil is maintaining an upward correction within the short-term downtrend. If the asset tests resistance (A) 79.32 - 79.02 during the correction, short trades can be op
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 28.05.2024

  28-05-2024 09:04 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 BitcoinWe can see a layout of an impulse forming. It consists 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 84,630.50
  
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• EURUSD speaks straight. Forecast as of 28.05.2024

  28-05-2024 08:51 via litefinance.org
  
  The ECB and speculators actively buying the EURUSD understand that the ECB's earlier monetary expansion will not weaken the euro. Let's discuss this and make a trading plan.Weekly fundamental forecast for euroThe EURUSD bears sincerely hoped that the ECB's earlier start of policy easing compared to the US and its large scale would calm their opponents. However, Philip Lane dotted all the i's. The ECB's key economist believes inflation in the eurozone could accelerate only amid a significant weak
  
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• ECB ready to start cutting interest rates, chief economist says

  27-05-2024 15:56 via rocketnews.com
  The European Central Bank will likely cut interest rates from historic highs at its meeting on June 6th and, and in an interview with the Financial Times on Monday, its chief economist, Philip Lane, brushed off fears that doing so before the U.S. Federal Reserve could backfire.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe European Central Bank will likely cut interest rates from historic highs at its meeting on
  
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• Markets eagerly await BoJ move. Forecast as of 27.05.2024

  27-05-2024 13:16 via litefinance.org
  
  If you constantly wait for new evidence, you may miss the moment for decisive action. The Bank of Japan's decisions are made by people, and their reluctance to take action hinders the yen. Let's talk about this and make a trading plan for USDJPY.Weekly fundamental forecast for Japanese yenThe BoJ's dithering is slowly killing the Japanese yen. The regulator needs evidence that inflation is anchored near 2%, which seems odd at first glance. Consumer prices have been above that mark for 25 consecu
  
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• Shares of China Evergrande’s EV unit soar on potential investor support

  27-05-2024 10:26 via rocketnews.com
  China Evergrande New Energy Vehicle shares jumped 92% on Monday after the EV startup said liquidators were in talks to sell a 29% stake in the unit to an unnamed buyer.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnChina Evergrande New Energy Vehicle shares jumped 92% on Monday after the EV startup said liquidators were in talks to sell a 29% stake in the unit to an unnamed buyer.nnDiscussion:nn” ai_name=&rdqu
  
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