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Meta Platforms Inc. Stocks Elliott Wave Technical Analysis – Monday, December 9

December 9, 2024 - by - Leave a Comment

META Elliott Wave Analysis Trading LoungeMeta Platforms Inc., () Daily ChartMETA Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 5.DIRECTION: Upside in 5 of (5).DETAILS: Looking for upside into at least …

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Financial

US Dollar Bid Returns After Solid Economic Data

December 9, 2024 - by - Leave a Comment

Image Source:   The US Dollar has made a comeback after the latest round of solid economic data out of the US including a slightly better than expected NFP print and …

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Financial

The NFP Report Increased The Likelihood Of A Fed Rate Cut Next Week

December 9, 2024 - by - Leave a Comment

Image Source:   At the end of Friday, the Dow Jones (US30) was down 0.28% (for the week -0.63%). The S&P 500 Index (US500) was up 0.25% (for the week +0.83%). …

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Financial

Gold Forecast: Gold Continues To See Supporters

December 9, 2024 - by - Leave a Comment

During my daily analysis of the gold market, the first thing that has caught my attention is that despite the fact that the gold market plunged overnight, there is most …

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Financial

WTI Crude Oil’s Seasonal Strength Meets OPEC+ Challenges

December 9, 2024 - by - Leave a Comment

WTI Crude Oil demonstrates a compelling seasonal pattern between December and early March, historically yielding an annualized return of +39.26% over the last 25 years. The average gain of +7.85% …

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Financial

AUD/USD Price Forecast: Bullish Reversal Move Looks Likely

December 9, 2024 - by - Leave a Comment

AUD/USD jumps to near 0.6420 with investors focusing on the RBA monetary policy announcement on Tuesday. The RBA is expected to leave interest rates steady at 4.35%. Investors expect the …

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Financial

Amid Geopolitical Hotbeds, Asia Starts The Week With Cautious Optimism

December 9, 2024 - by - Leave a Comment

Image Source: US MARKETSLast week, U.S. equity markets maintained their fiery upward momentum, cruising into the end of 2024 with unwavering optimism despite a haze of economic, geopolitical, and central bank …

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Financial

Market Briefing For Monday, Dec. 9

December 9, 2024 - by - Leave a Comment

Extraordinary momentum dominates a handful of specialized sectors; just happening to be in the heart of the ‘new generation’ of focus we emphasized.You may recall certain analysts and pundits minimizing …

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Financial

UnitedHealth Tragedy Opens Deep Healthcare Wounds

December 8, 2024 - by - Leave a Comment

The murder of UnitedHealth insurance chief Brian Thompson in New York City on Wednesday morning has exposed deep social wounds wrought by U.S. healthcare. Public response in some venues has …

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Financial

Current Report: Bayerische Motoren Werke (BMWKY)

December 8, 2024 - by - Leave a Comment

BMW () is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. Bayerische Motoren Werke Aktiengesellschaft was founded in 1916 …

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