2024.11.13 2024.11.13 Tesla (TSLA) Stock Forecast for 2024 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Tesla Inc. is one of the largest U.S. corporations and a global leader in electric vehicle design and electricity generation and storage, thanks to its resilient business strategies and innovation. The value of TSLA shares has increased by more than 93% over the past six months since…
The Australian dollar could see increased volatility in the next trading sessions as we see the latest employment numbers from the Land Down Under. Our Event Guide for Australia’s Jobs Report suggests that the economy has continued to add jobs in October, but maybe at a slower pace compared to September. This is why we’re anticipating further…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
The US Dollar jumps on the back of hawkish Fed comments. Dallas Fed President Logan issues cautious approach for December rate cut becoming an uncertainty. The US Dollar index trades above 106.00, at a fresh six-month high. The US Dollar (USD) is picking up steam again after comments from Federal Reserve Bank of Dallas President Lorie Logan. Fed’s Logan…
2024.11.13 2024.11.13 Altria (MO) Stock Forecast for 2024, 2025-2026, and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Altria Group, Inc. is facing declining cigarette sales and significant regulatory pressure, forcing the company to aggressively develop smoke-free products. The company’s revenue grew 1.3% to $5.34 billion in the third quarter of 2024, with earnings per share of $1.38, beating analysts’ expectations. Demand for smokeless…
Failing to capitalize on strong forex moves is not necessarily a bad thing. However, missing out on too many opportunities can lead traders to commit classic newbie mistakes. So, what’s keeping traders like you and me from seeing a breakout or trend reversal as it happens? Here are three possible reasons: 1. You’re too focused on your own trade…
Headlines: Markets: EUR leads, JPY lags on the day European equities mixed; S&P 500 futures down 0.2% US 10-year yields down 2.3 bps to 4.409% Gold up 0.5% to $2,611.43 WTI crude up 0.3% to $68.31 Bitcoin down 0.7% to $87,702 It was a quiet session as the post-election trades are pausing for a bit of a breather in…
JSW Steel – Jswsteel (1D chart) Elliott Wave technical analysis Function: Counter Trend (Minor Degree Grey). Mode: Corrective. Structure: Potential impulse within larger degree correction. Position: Minute Degree is still unfolding. Details: The proposed wave structure has changed as the stock breaks below 960 mark. Minor Wave 4 Grey has also been adjusted with Wave 5 potentially complete around 1075. Only a push through…
2024.11.13 2024.11.13 EURUSD May Collapse to Parity. Forecast as of 13.11.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump’s domestic policies involve significant spending, while his foreign policies are based on protectionism. In such an environment, American exceptionalism will enable the US dollar to strengthen. Let’s discuss this topic and make a trading plan for the EURUSD pair. The article covers the following…
U.S. stock markets have been on quite a run lately, but are we finally seeing signs of a rally correction on the S&P 500 index? Check out these nearby inflection points! S&P 500 Index (SP500) 4-hour Chart by TradingView Optimism for business-friendly policies under another Trump administration have allowed U.S. equity indices to surge, pushing the S&P 500 index…
