Analyst news

• 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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• Happy Eid al-Adha 2024!

  15-06-2024 20:00 via litefinance.org
  
  Dear clients,We sincerely wish you a happy Eid al-Adha! May this great holiday bring you peace, joy, and prosperity, and may Allah Almighty reward you with happiness, success, and love! We hope your kind prayers and sacrifices will be accepted and your life will be filled with goodness.Best regards,The team at LiteFinance Read more
  
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• ‘We get a raw deal’: This was my worst Father’s Day of all time — and it had nothing to do with a ‘crummy’ tie or tickets to see Taylor Swift

  15-06-2024 17:47 via rocketnews.com
  “It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”
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  [mwai_chat context=”Let’s have a discussion about this article:nn“It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”nnDiscussion:n
  
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• These stock sectors have fallen so much they now look attractive, analyst says

  15-06-2024 17:33 via rocketnews.com
  The sharp selloffs some sectors have been seeing relative to the broader market could be a sign of underlying weakness, but Janney analyst Dan Wantrobski says they are actually presenting near-term buying opportunities.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe sharp selloffs some sectors have been seeing relative to the broader market could be a sign of underlying weakness, but Janney analyst Dan Wantrobski
  
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• ‘We get a raw deal’: On Father’s Day, here’s the worst thing you can do — and it doesn’t involve giving your dad a ‘crummy’ tie or tickets to see Taylor Swift

  15-06-2024 12:00 via rocketnews.com
  “It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”
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  [mwai_chat context=”Let’s have a discussion about this article:nn“It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”nnDiscussion:n
  
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• What Wells Fargo’s ‘mouse-jiggler’ scandal says about the problem with work right now

  14-06-2024 22:33 via rocketnews.com
  Devices that help people fake time at their desks may also be a symptom of employees struggling to keep up with the always-on, always-available expectations of their jobs.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDevices that help people fake time at their desks may also be a symptom of employees struggling to keep up with the always-on, always-available expectations of their jobs.nnDiscussion:nn” ai_name
  
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• Oil scores biggest weekly gain since early April

  14-06-2024 22:22 via rocketnews.com
  Oil futures fell slightly on Friday but maintained solid weekly gains that more than erased the tumble seen after OPEC+ on June 2 announced a plan to begin phasing in the return of around 2.2 million barrels a day of crude later this year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures fell slightly on Friday but maintained solid weekly gains that more than erased the tumble seen after OPEC+ on June 2 ann
  
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• Goolsbee is thrilled by low inflation readings but says Fed needs more proof that prices are easing

  14-06-2024 20:38 via rocketnews.com
  A slowdown in inflation in May was a big step in the right direction, Chicago Federal Reserve Bank President Austan Goolsbee said Friday, but prices need to decelerate further to support a reduction in U.S. interest rates.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA slowdown in inflation in May was a big step in the right direction, Chicago Federal Reserve Bank President Austan Goolsbee said Friday, but prices n
  
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• French banking-sector bonds buckle as Paris awaits snap elections

  14-06-2024 20:12 via rocketnews.com
  Bonds issued by French banks have been selling off, along with government bonds and stocks, as Paris prepares for snap elections that aim to limit the role of the nation’s far-right party in the government.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBonds issued by French banks have been selling off, along with government bonds and stocks, as Paris prepares for snap elections that aim to limit the role of t
  
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• Bond market’s rally may have more room to run: ‘What a week it’s been’

  14-06-2024 18:28 via rocketnews.com
  The $27 trillion U.S. government-debt market is about to conclude a momentous week of trading that’s sending the 10-year Treasury yield down to an 11-week low of 4.2% and could even have more room to run.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe $27 trillion U.S. government-debt market is about to conclude a momentous week of trading that’s sending the 10-year Treasury yield down to an 11-week l
  
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• Hurco’s stock slides 5% after company suspends quarterly dividend payments

  14-06-2024 17:34 via rocketnews.com
  Hurco Cos. Inc.’s stock HURC tumbled 15.6% early Friday, after the industrial technology company said it’s suspending its quarterly dividend as it works to enhance its financial flexibility.
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  [mwai_chat context=”Let’s have a discussion about this article:nnHurco Cos. Inc.’s stock HURC tumbled 15.6% early Friday, after the industrial technology company said it’s suspending its quarterly dividend as it works to en
  
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• Range bar charts: how to use them in Forex trading

  14-06-2024 17:14 via litefinance.org
  
  Although not all trading platforms feature Range bar charts, they are pretty popular with professional traders. The main peculiarity of a range bar chart is that it does not consider time and is drawn based on price moves. This helps reduce price noise, especially when trading high-volatility assets. Read on to learn how to use range bars and what strategies include trading with this chart type.How to draw Range bar charts?A Range chart looks like a regular bar chart and is structured in the sam
  
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• Popular tech-sector ETF could see major shakeup as Apple, Microsoft and Nvidia jockey for position

  14-06-2024 14:52 via rocketnews.com
  One popular passive exchange-traded fund could soon see a major shakeup with potentially serious ramifications for the technology stocks that have been driving much of the market’s gains in 2024.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOne popular passive exchange-traded fund could soon see a major shakeup with potentially serious ramifications for the technology stocks that have been driving much of the
  
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• Mester says Fed needs to see more low inflation readings before cutting interest rates

  14-06-2024 14:45 via rocketnews.com
  The president of the Cleveland Federal Reserve said the low inflation readings in May were great news, but the central bank needs to “see that continue a bit longer” before it can cut interest rates.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe president of the Cleveland Federal Reserve said the low inflation readings in May were great news, but the central bank needs to “see that continue a b
  
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• Steelmaker Nucor’s stock extends selloff after a profit warning

  14-06-2024 14:26 via rocketnews.com
  Nucor’s stock was headed for a 7-month low on Friday, after the steel and steel-products maker warned of a second-quarter earnings shortfall, citing weakness at its steel mills business.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNucor’s stock was headed for a 7-month low on Friday, after the steel and steel-products maker warned of a second-quarter earnings shortfall, citing weakness at its steel mil
  
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• Hurco’s stock slides 15.6% after company suspends quarterly dividend payments

  14-06-2024 14:24 via rocketnews.com
  Hurco Cos. Inc.’s stock HURC tumbled 15.6% early Friday, after the industrial technology company said it’s suspending its quarterly dividend as it works to enhance its financial flexibility.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnHurco Cos. Inc.’s stock HURC tumbled 15.6% early Friday, after the industrial technology company said it’s suspending its quarterly dividend as it works to en
  
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• Spooked by Apple stock’s AI-driven gains? Take a look at its bonds instead.

  14-06-2024 14:23 via rocketnews.com
  Apple investors who want to profit from the boost the iPhone maker enjoyed this week after unveiling its AI strategy but who are balking at the stock’s record levels could look at its bonds instead.
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  [mwai_chat context=”Let’s have a discussion about this article:nnApple investors who want to profit from the boost the iPhone maker enjoyed this week after unveiling its AI strategy but who are balking at the stock’s record lev
  
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• XAUUSD: Elliott wave analysis and forecast for 14.06.24 – 21.06.24

  14-06-2024 14:15 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 2388.89 with a target of 2218.46 – 2161.56.Alternative scenario: breakout and consolidation above the level of 2388.89 will allow the pair to continue rising to the levels of 2500.00 – 2560.00Analysis: the fifth wave of larger degree (5) is forming on the daily chart, with wave 3 of (5) unfolding as its part. Apparently, the third wave of smaller degree iii of 3 is formed on the H4 time frame; a local correct
  
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• Israeli 3-D printing company Xjet pulls its planned IPO

  14-06-2024 14:08 via rocketnews.com
  The company was planning to raise $6 million at a $77 million market cap. Proceeds of the deal were to be used for working capital, but also to fund acquisitions of new businesses or technology.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe company was planning to raise $6 million at a $77 million market cap. Proceeds of the deal were to be used for working capital, but also to fund acquisitions of new businesse
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 14.06.24 – 21.06.24

  14-06-2024 13:45 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 87.75 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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• Gold loses its allure? Forecast as of 14.06.2024

  14-06-2024 13:24 via litefinance.org
  
  Lower demand from China, the Fed's reluctance to cut rates even as inflation cools, and lower geopolitical risks weigh on gold. Let's talk about these topics and make a trading plan for XAUUSD.Monthly fundamental forecast for goldChina's insatiable appetite for gold, the weakness of fiat currencies amid rate cuts by the world's leading central banks, and reduced geopolitical tensions were the key drivers that allowed gold to reach a record high in 2024 and gain 20% over the past 18 mon
  
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• USDJPY: Elliott wave analysis and forecast for 14.06.24 – 21.06.24

  14-06-2024 13:15 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 154.50 with a target of 161.50 – 167.00.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.Analysis: the ascending fifth wave of larger degree (5) of C continues forming on the daily chart, with third wave 3 of (5) unfolding as its part. The first wave of smaller degree i of 3 and corrective second wave ii of 3 a
  
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• GBPUSD: Elliott wave analysis and forecast for 14.06.24 – 21.06.24

  14-06-2024 12:45 via litefinance.org
  
  Main scenario: upon correction, consider long positions from above the level of 1.2515 with a target of 1.3145 – 1.3740.Alternative scenario: breakout and consolidation below the level of 1.2515 will allow the pair to continue declining to the levels of 1.2300 – 1.1965.Analysis: an ascending wave of larger degree B is presumably forming on the daily time frame, with the third wave 3 of (A) of B unfolding as its part. On the H4 chart, a corrective wave ii of 3 is completed, and wave i
  
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• EURUSD: Elliott wave analysis and forecast for 14.06.24 – 21.06.24

  14-06-2024 12:15 via litefinance.org
  
  Main scenario: after correction ends, consider long positions above the level of 1.0599 with a target of 1.0978 – 1.1141.Alternative scenario: breakout and consolidation below the level of 1.0599 will allow the pair to continue declining to the levels of 1.0450 – 1.0217.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 o
  
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• USDCHF: Elliott wave analysis and forecast for 14.06.24 – 21.06.24

  14-06-2024 11:45 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9155 with a target of 0.8730 – 0.8325.Alternative scenario: breakout and consolidation above the level of 0.9155 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 3 of
  
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• USDCAD: Elliott wave analysis and forecast for 14.06.24 – 21.06.24

  14-06-2024 11:16 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3660 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3660 will allow the pair to continue declining to the levels of 1.3471 – 1.3352.Analysis: the fifth wave of larger degree 5 presumably continues developing on the weekly time frame, with wave (1) of 5 unfolding as its part. The fifth wave of smaller degree 5 of (1) is forming on the daily time fr
  
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• Short-term analysis for oil, gold, and EURUSD for 14.06.2024

  14-06-2024 09:04 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 continues its short-term downtrend.Oil price forecast for today: USCrude analysisOil is declining within a correction. The downside target is the support (A) 75.96 - 75.66. Once the price tests this support, consider long trades with the target at th
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 14.06.2024

  14-06-2024 09:02 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 BitcoinAs in previous days, the BTCUSD continues forming the final part of a bullish impulse – wave [5], with subwave (1) forming as its part. Correction 4, which includes subwaves [W]-[X]-[Y], is likely completed as part of subwave (1). The price is expected to rise in subwave 5, probably to the high of 71827.95 marked by subwave [X].Trading plan
  
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• Euro and dead cat bounce. Forecast as of 14.06.2024

  14-06-2024 08:51 via litefinance.org
  
  There's a term in technical analysis – a dead cat bounce. This is a sharp move that does not change the trend direction, though. Something similar happened to the EURUSD in response to US inflation data. It didn't work out. Let’s discuss it and make a trading plan.Weekly fundamental forecast for euroThe Fed refuses to celebrate a victory over inflation, annoying the EURUSD. However, the risks of a Eurosceptic victory in France and the associated worsening of the country's econom
  
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• Tesla’s scare tactics worked to win shareholder approval of Elon Musk’s pay, but problems remain

  14-06-2024 05:24 via rocketnews.com
  Many Tesla Inc. shareholders bought into the veiled scare tactics about keeping Chief Executive Elon Musk motivated at the electric-vehicle maker, as they ratified his massive, $46 billion stock plan Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMany Tesla Inc. shareholders bought into the veiled scare tactics about keeping Chief Executive Elon Musk motivated at the electric-vehicle maker, as they ratified
  
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