Fool me once, shame on you. Fool me twice, shame on me. It’s a maxim on many traders’ minds as they try to gauge the authenticity – or otherwise – of US president Donald Trump’s pronouncements. When news broke on July 16 that Trump had drafted a letter to remove Federal Reserve chair Jerome Powell, the […]
Tesla and Google were the earnings highlights on Wednesday night, and the two companies had very different stories to tell the market. At Tesla they are tightening their belts, while Google is still on a large AI splurge. Starting with Tesla, it reported weaker than expected revenue, earnings per share and net income. Revenue was
![URW Elliott Wave technical forecast [Video]](https://i1.wp.com/editorial.fxsstatic.com/images/i/stock-01_Large.jpg?w=1024&resize=1024,1024&ssl=1 "URW Elliott Wave technical forecast [Video]")
URW Elliott Wave technical analysis Greetings, our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with UNIBAIL‑RODAMCO‑WESTFIELD – URW. We see that URW stock has potential to increase in the medium term with a fifth wave. However, in the short term, it is not yet a reasonable buying point. This analysis will clearly show
![AMZN Elliott Wave technical analysis [Video]](https://i1.wp.com/editorial.fxsstatic.com/images/i/amazon-02_Large.jpg?w=1024&resize=1024,1024&ssl=1 "AMZN Elliott Wave technical analysis [Video]")
AMZN Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave (v) of {i}. Direction: Upside in (v). Details: The market appears to be completing a five-wave sequence within wave {i}, with wave (v) currently unfolding. Wave (iii) previously extended, supporting ongoing upside potential in wave (v). AMZN Elliott Wave Technical Analysis Function: Trend.
Nike stock gains traction ahead of earnings release. Q4 earnings will appear after the close on Thursday. NKE stock is down 65% from its November 2021 highs. Bulls hope a decent guide for Q1 helps Nike reach the $72 threshold. Nike (NKE) is set to deliver fiscal fourth-quarter earnings after the bell on Thursday, and
Here are the key points: Total S&P 500 earnings for the June quarter are expected to be up +4.9% from the same period last year on +3.9% higher revenues. While negative revisions to Q2 estimates have stabilized in recent weeks, estimates for the period have been under significant pressure relative to other recent periods since
S&P 500 rises 0.5% then pulls back to even on a volatile Friday session. About $6.5 billion in notional options trades expire on Friday. Accenture stock slips after quarterly bookings decline. Kroger stock gains over 7% as gross margin rises to multiyear highs. Fed’s Waller says he could see rate cuts at the July meeting.
![QCOM Elliott Wave technical analysis [Video]](https://i3.wp.com/editorial.fxsstatic.com/images/i/car-industry-01_Large.jpg?w=1024&resize=1024,1024&ssl=1 "QCOM Elliott Wave technical analysis [Video]")
QCOM Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave {iii} of 1. Direction: Upward movement expected in wave {iii}. Details: Currently positioned near the MediumLevel support at $150, aiming for further gains in minute wave {iii}. The Elliott Wave analysis for QCOM on the daily chart suggests a strong bullish trend.
In April, after the markets chaos that followed ‘Liberation Day’, Mads Gosvig, who heads asset allocation at the UK’s Railpen pension fund, asked his team to assess the case for an emerging markets premium on US assets. Gosvig’s intention was to provoke discussion, he says. But the task reflected a genuine disquiet, matched at other
The Dow Jones is holding steady as markets await Friday’s NFP report. Despite an overall upbeat tone to equities, market sentiment remains hobbled. The US is heading into trade talks with China, which Trump staffers historically lack the patience for. The Dow Jones Industrial Average (DJIA) held steady on Thursday, chugging quietly near the previous
![Cochlear Limited – COH Elliott Wave technical forecast [Video]](https://i3.wp.com/editorial.fxsstatic.com/images/i/car-industry-02_Large.jpg?w=1024&resize=1024,1024&ssl=1 "Cochlear Limited – COH Elliott Wave technical forecast [Video]")
Cochlear Limited – COH Elliott Wave technical analysis Overview Today’s Elliott Wave analysis updates the COCHLEAR LIMITED (COH) position on the Australian Stock Exchange (ASX). We observe the recent completion of a corrective ABC wave, opening the door for a bullish impulse wave in ASX:COH. This analysis outlines potential price targets, probable market direction, and
April Nonfarm Payrolls beat consensus at 177K; Unemployment Rate steady at 4.2%, easing recession concerns. Trump pressures Fed to cut rates despite upbeat data; CBOT shows 88 bps of easing priced in. Apple and Amazon fall on China sales miss and cloud growth slowdown despite beating EPS forecasts. The Dow Jones Industrial Average (DJIA) rallied
Microsoft and Meta beat Q1 estimates, fueling AI-linked stock surge and tech-led Dow rally. ISM Manufacturing PMI contracts; jobless claims hit highest since February, raising slowdown concerns. Markets price in 94 bps of Fed cuts for 2025; 2-year yield signals policy shift ahead. The Dow Jones Industrial Average (DJIA) rallied over 100 points, or 0.24%,
Online sports betting saw a huge spike in revenue in Q1. MGM Resorts International (NYSE:MGM) stock was surging on Monday, rising some 3% after the gambling stock released promising first quarter results within its BetMGM business. In its first quarter business update released on Monday, BetMGM reported a 34% year-over-year revenue increase in Q1. The
Current market situation and fundamental drivers The technology sector is driving a notable rebound in equity markets despite ongoing tariff uncertainties between the US and China. Optimism around potential tariff reductions, strong earnings from major tech companies, and dovish signals from the Federal Reserve have collectively fueled recent gains. However, substantial risks remain, and investors
When two tech titans with a combined market cap of over $4 trillion prepare to reveal their Q1 earnings, the stakes stretch far beyond Wall Street. This isn’t just another earnings season – it’s a reality check on how big tech plans to handle the rising costs of AI, shifting alliances, and new threats from
Schwab stock was up about 2% on the day Charles Schwab (NASDAQ: SCHW) had an excellent first quarter, as trading revenue for the brokerage leader jumped significantly amid the volatility that dominated the first quarter. Schwab saw its revenue spike 18% year-over-year in the quarter to $5.6 billion, which topped estimates of $5.5 billion. Net
