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Is Broadcom A Better Stock To Buy Than Nvidia?

Is Broadcom A Better Stock To Buy Than Nvidia?

Image Source: UnsplashA big earnings report last week from Broadcom (AVGO – Free Report). The company reported EPS of $1.42 on revenues of $14.1 billion. That beat on the bottom line though inline with revenue expectations. The company raised its dividend by 11% while commenting that its AI revenues for the year have more than tripled. The company is developing custom […]
Metal Markets Report For Tuesday, Dec 17

Metal Markets Report For Tuesday, Dec 17

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:06:11 More By This Author:Financial Markets Report For Tuesday, Dec 17Metal Markets Report For Monday, Dec 16Financial Markets Report For Monday, Dec 16
Elliott Wave Technical Analysis: AAVE Crypto Price News For Wednesday, Dec 18

Elliott Wave Technical Analysis: AAVE Crypto Price News For Wednesday, Dec 18

Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartAAVE/ U.S. dollar(AAVEUSD)AAVEUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: Wave (III) of ImpulseWave Cancel invalid Level: 125.280Details: The five-wave likely goes up to test 482 Level. AAVE/ U.S. dollar(AAVEUSD)Trading Strategy:  Wave (3) appears to have ended and the price is now entering a […]
UK CPI Inflation Climbs To 2.6% YoY In November, As Expected

UK CPI Inflation Climbs To 2.6% YoY In November, As Expected

Image Source: Pixabay United Kingdom’s annual CPI jumped 2.6% in November vs. 2.6% forecast. British inflation eased to 0.1% MoM in November vs. 0.1% aniticpated. GBP/USD keeps range near 1.2700 after UK CPI inflation data. The United Kingdom (UK) Consumer Price Index (CPI) edged higher by 2.6% on a yearly basis in November after recording a 2.3% growth […]
Nissan Shares Jump 23% On Potential Honda Merger: What You Need To Know

Nissan Shares Jump 23% On Potential Honda Merger: What You Need To Know

Image Source: Pixabay Nissan shares surged 23.7%, while Honda shares slipped 3%. The merger could create the world’s third-largest automaker with over 8 million vehicle sales annually. Mitsubishi shares rose 19%, reflecting optimism about its potential inclusion in the alliance. On Wednesday, Nissan (NSANF) shares skyrocketed by 23% after reports suggested the Japanese automaker is discussing merging […]
Ford Stock Is Headed For Further Struggles In 2025

Ford Stock Is Headed For Further Struggles In 2025

Image Source: Unsplash Jefferies analyst sees further downside in Ford stock to $9.00 in 2025. Philippe Houchois explained why in a research note on Monday. F share price has already lost nearly 30% over the past six months. Ford Motor Co (F) could find “mild relief” as President-elect Donald Trump eases emissions regulations next year, as […]
EUR/USD Strengthens Above 1.0500, All Eyes Are On Fed Rate Decision

EUR/USD Strengthens Above 1.0500, All Eyes Are On Fed Rate Decision

Image Source: Pixabay EUR/USD gains momentum to around 1.0505 in Wednesday’s Asian session.  The US Fed is expected to make a third consecutive rate cut at its December meeting on Wednesday.  The rising bet for the ECB’s further interest rate cuts could undermine the Euro.  The EUR/USD pair holds positive ground to near 1.0505 during the […]
Fed expected to make third rate cut today—here’s what to expect

Fed expected to make third rate cut today—here’s what to expect

Key Takeaways The Fed is expected to lower interest rates by 25 basis points to a range of 4.25% to 4.5%. Increased market instability is possible as the event looms. Share this article The Federal Reserve is scheduled to announce its interest rate decision during its meeting on Wednesday. Economists widely predict that the Fed […]
Gold Price Extends The Range Play As Traders Keenly Await Fed Rate Decision

Gold Price Extends The Range Play As Traders Keenly Await Fed Rate Decision

Image Source: Unsplash Gold price lacks any firm intraday direction and oscillates in a narrow band on Tuesday.  Bets for a less dovish Fed, elevated US bond yields and a bullish USD cap the XAU/USD.  Traders keenly await the FOMC policy decision to determine the near-term trajectory.  Gold price (XAU/USD) remains depressed through the first half […]
Elliott Wave View: Bitcoin Has Reached Inflection Area

Elliott Wave View: Bitcoin Has Reached Inflection Area

Image Source: PexelsShort Term Elliott Wave View in Bitcoin (BTCUSD) suggests rally from 6 September 2024 low is in progress as a 5 waves impulse. Up from 6 September, wave 1 ended at 66508 and dips in wave 2 ended at 58867. The crypto-currency has extended higher in wave 3 towards 103647 as the 1 hour chart […]