15-04-2024 19:13 via rocketnews.com
Monday is the WNBA draft, and Clark is expected to be selected No. 1 by the Indiana Fever. Ticket prices for its road games are already up 151% compared with last season.
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[mwai_chat context=”Let’s have a discussion about this article:nnMonday is the WNBA draft, and Clark is expected to be selected No. 1 by the Indiana Fever. Ticket prices for its road games are already up 151% compared with last season.nnDiscussion:nn” ai_name=&
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IMF projects sharply stronger growth for U.S. in 2024
16-04-2024 15:00 via rocketnews.com
The outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International Monetary Fund said Tuesday.
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[mwai_chat context=”Let’s have a discussion about this article:nnThe outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International
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Stock-market pullbacks are price of admission. Historically, markets rise afterwards, this strategist says.
16-04-2024 14:41 via rocketnews.com
Keith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not a pullback of more than 5%.
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[mwai_chat context=”Let’s have a discussion about this article:nnKeith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not
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Gold price skyrockets. Forecast as of 16.04.2024
16-04-2024 11:21 via litefinance.org
One of the most well-known investment edicts is "Do not fight the Fed." In 2024, gold refrains fromfollowing this principle. The precious metal disregards US inflation and monetary policy, continuing to grow steadily. Let's discuss it and make a trading plan.Monthly fundamental forecast for goldIn 2024, the intermarket analysis became inefficient. In the first quarter, investors wondered how the S&P 500index, seen as a global risk appetite barometer, and a safe-haven asset like t
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Dr. Martens shares lose a third of their value on U.S. warning
16-04-2024 11:11 via rocketnews.com
Shares of iconic shoe brand Dr. Martens fell as much as 32% on Tuesday as the company’s U.S. business is going so badly it needs to extend paying for additional storage space as it announced its chief executive will leave.
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[mwai_chat context=”Let’s have a discussion about this article:nnShares of iconic shoe brand Dr. Martens fell as much as 32% on Tuesday as the company’s U.S. business is going so badly it needs to extend
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Short-term analysis for oil, gold, and EURUSD for 16.04.2024
16-04-2024 09:39 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 corrected to the resisance area 2401 - 2371.Oil price forecast for today: USCrude analysisYesterday, oil attempted to break through support (A) 84.36 - 84.09. However, the price remained above this area. The short-term uptrend remains. Today, the uptrend
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U.K. sees biggest jobless rise since the pandemic
16-04-2024 08:48 via rocketnews.com
The U.K. saw the biggest jump in unemployment since the pandemic, according to data released Tuesday that reinforces the likelihood the Bank of England will soon lower interest rates.
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[mwai_chat context=”Let’s have a discussion about this article:nnThe U.K. saw the biggest jump in unemployment since the pandemic, according to data released Tuesday that reinforces the likelihood the Bank of England will soon lower interest rates.nnDisc
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Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.04.2024
16-04-2024 08:42 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 BTCUSD market is forming a sideways correction (4) as a flat A-B-C. Wave A has finished as a zigzag and wave B has completed as a triple zigzag. The final wave C is developing as a bearish impulse, with sub-wave [5] developing inside. The Bitcoin price could reach th
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Dollar is on the force side. Forecast as of 16.04.2024
16-04-2024 08:32 via litefinance.org
If Israel does not respond to Iranian airstrikes, it will be seen as weak. If retaliation takes place, the EURUSD risks falling even deeper. Moreover, the US economy is thriving. Let's talk about these topics and draw up a trading plan.Weekly US dollar fundamental forecastYou can't stop consumers when they're employed, and wage growth is near multi-year highs. An explosion in US retail sales rocked bond and currency markets, sending the USD index soaring to five-month highs. The stronger consume
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Live Nation stock falls on report of pending Justice Department antitrust suit
15-04-2024 23:55 via rocketnews.com
Shares of Ticketmaster parent Live Nation Entertainment Inc. fell after hours on Monday following a report that the Justice Department could file an antitrust suit against the concert-ticketing giant in the weeks ahead.
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[mwai_chat context=”Let’s have a discussion about this article:nnShares of Ticketmaster parent Live Nation Entertainment Inc. fell after hours on Monday following a report that the Justice Department could file an anti
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Oil’s rally took a breather after Iran’s attack on Israel. Is $100 a barrel still in the cards?
15-04-2024 23:13 via rocketnews.com
Oil’s climb toward $100 a barrel came to a halt on Monday, but whether the market is taking a temporary breather from its rally or has hit a long-term snag remains to be seen.
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[mwai_chat context=”Let’s have a discussion about this article:nnOil’s climb toward $100 a barrel came to a halt on Monday, but whether the market is taking a temporary breather from its rally or has hit a long-term snag remains to be seen.nnDiscussi
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One thing Biden and Trump agree on: Keeping this $10,000 Chinese EV out of the U.S.
15-04-2024 20:21 via rocketnews.com
While they’re still not available in the U.S., Chinese electric vehicles have nonetheless been a hot topic here this year, in corporate boardrooms as well as on the presidential campaign trail.
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[mwai_chat context=”Let’s have a discussion about this article:nnWhile they’re still not available in the U.S., Chinese electric vehicles have nonetheless been a hot topic here this year, in corporate boardrooms as well as on the pr
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Salesforce’s stock sinks as report of talks to buy Informatica raises concerns
15-04-2024 17:32 via rocketnews.com
Salesforce’s stock slumped Monday, as a report that the business-software giant was in advanced talks to buy data-management software company Informatica Inc., which was valued at more than $11 billion, raised margin concerns.
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[mwai_chat context=”Let’s have a discussion about this article:nnSalesforce’s stock slumped Monday, as a report that the business-software giant was in advanced talks to buy data-management software
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Retail sales rise sharply and could boost U.S. GDP in the first quarter
15-04-2024 14:35 via rocketnews.com
Sales at retailers rose a robust 0.7% in March and outlays in February were also stronger than initially reported, indicating the economy got a decent boost from consumer spending in the first quarter.
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[mwai_chat context=”Let’s have a discussion about this article:nnSales at retailers rose a robust 0.7% in March and outlays in February were also stronger than initially reported, indicating the economy got a decent boost from consumer
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Short Selling: How To Short Sell Stocks
15-04-2024 11:50 via litefinance.org
One of the most promising trading opportunities in the financial markets is making money from the rise and fall of a trading asset’s price. Public company stock is no exception.Being a short seller means selling shares of a selected company to profit from the price difference. A shorted stock is sold at the highest price and bought at a lower price later. You may wonder how an investor or a trader can sell something they don't own. So, this article will parse the questions related to
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Brent may soar if Middle-East conflict escalates. Forecast as of 15.04.2024
15-04-2024 11:47 via litefinance.org
Will Israel respond to Iran's first attack on its territory? It was widely expected, so asset managers decided to sell Brent on the facts. The damage was insignificant. However, will it stop Jerusalem from retaliating? Let us discuss this topic and make up a trading plan forBrent.Monthly oil fundamental forecastThe ancient Greeks believed that revenge could be endless, as acts of retaliation beget new acts of retaliation. Will Israel retaliate for Iran's air strikes? The market thinks it w
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Aluminum, nickel prices surge after fresh sanctions on Russian metals
15-04-2024 10:43 via rocketnews.com
Prices for aluminum and nickel soared in London on Monday, following the ban on fresh trading of Russian-origin metals by U.S. and U.K. authorities over the weekend.
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[mwai_chat context=”Let’s have a discussion about this article:nnPrices for aluminum and nickel soared in London on Monday, following the ban on fresh trading of Russian-origin metals by U.S. and U.K. authorities over the weekend.nnDiscussion:nn” ai_name=”Rock
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Short-term analysis for oil, gold, and EURUSD for 15.04.2024
15-04-2024 09:24 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's short-term trend turned bearish.Oil price forecast for today: USCrude analysisThe oil price corrected again to support (A) 84.36 - 84.09. Support (A) is not broken through, so consider new purchases within the short-term uptrend. The bullish target wil
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The step-by-step investor guide to navigating armed conflicts
15-04-2024 09:00 via rocketnews.com
This survival guide is not specific to any particular crisis at hand but based on an analysis of the extensive empirical literature on the impact of wars, civil wars, terror acts, and similar events.
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[mwai_chat context=”Let’s have a discussion about this article:nnThis survival guide is not specific to any particular crisis at hand but based on an analysis of the extensive empirical literature on the impact of wars, civil wars, terror
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Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 15.04.2024
15-04-2024 08:49 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 BTCUSD market is forming a sideways correction (4) as a flat A-B-C. Wave A has finished as a zigzag and wave B has completed as a triple zigzag. The final wave C is developing as a bearish impulse, with the corrective sub-wave [4] developing inside. Next, the Bitcoin
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The ‘opportunity of a lifetime’ may unfold for gold and silver this week, amid Middle East tensions
15-04-2024 08:31 via rocketnews.com
A selloff in the stock market can, as it has in the past, lead investors to seek out ways to cover their losses, including a sale of their precious-metals holdings.
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[mwai_chat context=”Let’s have a discussion about this article:nnA selloff in the stock market can, as it has in the past, lead investors to seek out ways to cover their losses, including a sale of their precious-metals holdings.nnDiscussion:nn” ai_name=”Rocket
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Euro turned into an outsider. Forecast as of 15.04.2024
15-04-2024 08:02 via litefinance.org
Investors again discuss divergence in monetary policy. The different speeds of monetary easing and different start dates put serious pressure on the EURUSD. Let's discuss the Forex outlook and make up a trading plan.Weekly Euro fundamental forecastCentral banks usually act in sync, being led by the Fed. However, if any of the regulators decides to deviate from the common trajectory, it and its currency become outsiders. The European Central Bank's desire for independence resulted in the collapse
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Fresh uncertainty around Fed rate cuts exposes the stock market’s winners and losers
14-04-2024 18:01 via rocketnews.com
Higher U.S. inflation is dashing investors’ hopes for multiple Federal Reserve rate cuts this year, while opening the door to 5% Treasury yields across the board and cleaving the stock market into distinct categories of winners and losers.
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[mwai_chat context=”Let’s have a discussion about this article:nnHigher U.S. inflation is dashing investors’ hopes for multiple Federal Reserve rate cuts this year, while opening the doo
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Netflix earnings on deck. It could be a lot harder to please investors this time around.
14-04-2024 16:01 via rocketnews.com
Netflix’s stock has been on a tear over the past year, as the streaming platform gradually adopts the traits of the thing it once upended — a regular TV station.
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[mwai_chat context=”Let’s have a discussion about this article:nnNetflix’s stock has been on a tear over the past year, as the streaming platform gradually adopts the traits of the thing it once upended — a regular TV station.nnDiscussion:nn” ai_
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Apple’s stock was the Dow’s biggest winner this week — for the first time since November
13-04-2024 00:37 via rocketnews.com
Apple Inc.’s weekly stock gain wasn’t too much to write home about in the absolute, but it was good enough to be the largest in the Dow Jones Industrial Average.
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[mwai_chat context=”Let’s have a discussion about this article:nnApple Inc.’s weekly stock gain wasn’t too much to write home about in the absolute, but it was good enough to be the largest in the Dow Jones Industrial Average.nnDiscussion:nn” ai_
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Tesla’s latest self-driving push? A price cut on its FSD software.
12-04-2024 23:56 via rocketnews.com
Tesla’s FSD software is the “crux” of the bull case for the company’s stock, an analyst wrote earlier this week. Now, the company has made a move that could get more drivers to try it out.
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[mwai_chat context=”Let’s have a discussion about this article:nnTesla’s FSD software is the “crux” of the bull case for the company’s stock, an analyst wrote earlier this week. Now, the company has ma
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10- and 30-year Treasury yields end with biggest two-week advance since October
12-04-2024 21:46 via rocketnews.com
Long-term yields on U.S. government debt saw their biggest two-week jump in six months on signs of persistent inflation, even though they finished lower on Friday amid escalating Middle East tensions.
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[mwai_chat context=”Let’s have a discussion about this article:nnLong-term yields on U.S. government debt saw their biggest two-week jump in six months on signs of persistent inflation, even though they finished lower on Friday amid esca
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Rent the Runway is on track for its best week ever after putting up meme-stock-like gains, but the stock is still way down overall
12-04-2024 20:40 via rocketnews.com
Rent the Runway Inc., an online clothing-rental platform whose stock has plummeted over the past three years as it wrangles debt and weaker clothing demand, is up some 360% this week, putting shares on pace for their best week on record.
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[mwai_chat context=”Let’s have a discussion about this article:nnRent the Runway Inc., an online clothing-rental platform whose stock has plummeted over the past three years as it wrangles debt and we
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Iran-Israel fears sink stocks as traders rush to gold, Treasury bonds
12-04-2024 20:06 via rocketnews.com
Reports that Israel is bracing for an imminent attack by Iran sparked a scramble for safety across markets on Friday, inspiring traders to dump stocks in favor of Treasury bonds, gold and the U.S. dollar.
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[mwai_chat context=”Let’s have a discussion about this article:nnReports that Israel is bracing for an imminent attack by Iran sparked a scramble for safety across markets on Friday, inspiring traders to dump stocks in favor of Treas
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Fed’s Schmid calls for patience before making any change in interest rates
12-04-2024 19:39 via rocketnews.com
Hot inflation, strong growth and elevated asset market prices all suggest that the current stance of the U.S. central bank’s interest-rate policy is appropriate, Kansas City Fed President Jeffrey Schmid said on Friday.
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[mwai_chat context=”Let’s have a discussion about this article:nnHot inflation, strong growth and elevated asset market prices all suggest that the current stance of the U.S. central bank’s interest-rate pol
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