Analyst news

• Michigan man who accidentally bought extra lottery ticket wins two $1M prizes

  24-10-2020 19:32 via news.yahoo.com
  
  "It took several days for the reality to set in that my mistake had paid off to the tune of $2 million," Samir Mazahem said.
  
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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.”
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  [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.
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  [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.
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  [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.
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  [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.
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  [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.
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  [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.
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  [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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• WTI Crude Oil: Elliott wave analysis and forecast for 03.05.24 – 10.05.24

  03-05-2024 13:20 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 87.45 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 87.45 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, a local correction is completed as second wave o
  
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• USDJPY: Elliott wave analysis and forecast for 03.05.24 – 10.05.24

  03-05-2024 12:50 via litefinance.org
  
  Main scenario: consider long positions upon correction above the level of 150.75 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 150.75 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 degree
  
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• GBPUSD: Elliott wave analysis and forecast for 03.05.24 – 10.05.24

  03-05-2024 12:20 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2453 with a target of 1.2821 – 1.3000.Alternative scenario: breakout and consolidation below the level of 1.2453 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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• Gold breaks the system down. Forecast as of 03.05.2024

  03-05-2024 12:17 via litefinance.org
  
  Gold will no longer be the same. It will not blindly trust the Fed and react to the evolution of the dollar and US bond yields. A regime change has become a game changer. Let’s discuss it and make a trading plan.Monthly fundamental forecast for goldBack to the Future. A movie in which the characters travel back a few decades to change the present. Let's try to do the same to understand what will happen to gold. Its drastic rally in 2024 may result either from algorithmic trading or a regim
  
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• EURUSD: Elliott wave analysis and forecast for 03.05.24 – 10.05.24

  03-05-2024 11:50 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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• USDCHF: Elliott wave analysis and forecast for 03.05.24 – 10.05.24

  03-05-2024 11:20 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 03.05.24 – 10.05.24

  03-05-2024 10:52 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3500 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3500 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 BTCUSD, XRPUSD, and ETHUSD for 03.05.2024

  03-05-2024 10:37 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 analysisA complex correction (4) can take the shape of a triple zigzag W-X-Y-XX-Z. Inside it, the actionary wave Y is currently unfolding. The impulse wave [C] of Y may end at the level of 53988.10, then the price will start rising in a new trend. Thus, in the current situation,
  
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• Short-term analysis for oil, gold, and EURUSD for 03.05.2024

  03-05-2024 09:56 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.Yesterday, oil continued its short-term downtrend.Oil price forecast for today: USCrude analysisYesterday, oil continued its short-term downtrend, and its price dropped below the May 1 low. The next selling target is within the Target Zone 77.11 - 7
  
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• Euro follows Fed. Forecast as of 03.05.2024

  03-05-2024 08:50 via litefinance.org
  
  Jerome Powell's emphasis on rising unemployment needed to cut rates surprised many investors. This is especially surprising ahead of the release of the US jobs report for April. Did traders start buying EURUSD on rumors? Let's discuss the Forex outlook and make up a trading plan.Daily Euro fundamental forecastThe fight against inflation is less painful than many thought, including the OECD. The organization raised its global GDP forecast for 2024 from 2.9% to 3.1% and expressed confide
  
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• Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.

  03-05-2024 05:04 via rocketnews.com
  A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnA boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic re
  
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• RBA’s policy options are running short, says JBWere

  03-05-2024 04:24 via rocketnews.com
  With inflation proving sticky, the Reserve Bank of Australia doesn’t have the option of simply holding interest rates higher for longer, with further increases now looking likely, a leading forecaster says.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnWith inflation proving sticky, the Reserve Bank of Australia doesn’t have the option of simply holding interest rates higher for longer, with further incr
  
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