Shares of oil and gas companies gain tracking a rise in oil prices.
But, there is more to support Exxon's reversal.
EXXON is to release additional details about its corporate plans, Including Its Capital Plans to 2027, on December 6th.
Its plans to become one of the world's top producers of the metal used to make electric vehicle (EV) batteries can be a trigger...
The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence chips to China in the coming weeks. The U.S. government says the new rules are intended to close loopholes that popped up after last year's restrictions on AI chip exports went into effect.
If the U.S. restricts or closes the leeway that...
JPM Earnings and Buying Opportunity
Bloomberg Markets: "JPMorgan posts another quarter of record net interest income and boosts its forecast for the year as it benefits from higher interest rates and its purchase of First Republic Bank"
Daily Closing above 148 $ may trigger the bullish PA.
Targets : 150 $ 153 $ 159 $
Friday US PCE data came negative for USD.
We had the buy signal by Cycle Sniper on H1 Chart.
Worse than expected PCE data may trigger intraday bullish correction.
Targets above 1875 are 1882 and 1890.
Businesses big and small are looking for ways to rein in costs as a tough economy fuels uncertainty. An easy target for these cost cuts is cloud computing. The mega-cloud platforms like Amazon Web Services (AWS) and Microsoft Azure have already suffered a sharp slowdown as customers optimize spending. AWS grew by 12% year over year in the second...
DJ News Wire:
The country's top decision-making body signaled it would step up economic stimulus, including possible measures to aid the property sector. The memo released Monday by China's Politburo "essentially acknowledged the current property woes and opened the door further for a policy shift from stabilizing to at least modestly stimulating,"
Abbott Laboratories Second-Quarter Results Beat Expectations Despite Lower COVID-19 Testing Sales
The company now anticipates about $1.3 billion in sales from COVID-19 testing products for 2023, compared with the prior forecast of $1.5 billion, "due to current testing dynamics, including lower demand for testing following the end of the public health emergency in...
REUTERS: WIX.COM - ANNOUNCED PLANS TO LAUNCH AI SITE GENERATOR, ALONG WITH A SUITE OF AI-POWERED CAPABILITIES, MANY OF WHICH ARE ALREADY AVAILABLE TO USERS
MFI : Crossing up 50
Cycle Sniper : Crossing up 0
Cycle Filter Headed North
Testing Beta Bands 200 Period Resistance
Watch: Break out and closing above the trend line
Targets: 91$ and 99$
GoDaddy announced three new products and services that leverage generative artificial intelligence (AI) to help them accomplish vital but time-consuming tasks to grow their business.
With GoDaddy's three new AI products that now use generative AI, small businesses can quickly and easily generate:
Online Store Product Descriptions – GoDaddy's incorporated AI...
Pause Rebounder Stock
Because until equity markets begin to notice. it’s unlikely politicians will feel compelled to act. Political brinkmanship will fuel market volatility — the VIX (VIX) trades to 40 in 2023; SPX retests the 3,800 floor. The similarities to 2011 (where arguably Democrats and Republicans were more ‘reasonable’ than in 2023) are...
Even though a company’s earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It’s almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company’s potential revenue growth is crucial.
In the case of Airbnb,...
Saddle Point Management L.P. bought a new position in Alphabet Inc. (NASDAQ:GOOGL - Get Rating) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,652 shares of the information services provider's stock, valued at approximately $254,000. Alphabet comprises approximately 8.8%...
"Airlines Positive" financial environment globally.
Cycle Sniper H4 headed south
Potential C&H pattern. The neckline at 36.
Buy above 36
Targets as mentioned on the chart. The ultimate target of the pattern is 44.50
QQQ Invesco Trust Series I ETF Nasdaq
Near-Term Trade Opportunity
One of the major Large-cap Growth ETFs, QQQ is about to complete a bullish pattern.
October 27th: Nasdaq.com “Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an...
Concerns that the FED will continue its tightening policies with aggressive interest rate hikes are putting enough pressure on the markets.
There are big earnings releases after the close when tech companies including Salesforce.com (CRM) and Nvidia (NVDA) report results.
Cathie Wood’s ARK funds sold shares in Nvidia ahead of the results.
After a recent string...