The stock market rally is on pause on Tuesday. There have been some chunky losses for European stocks, and even US stocks have seen their gains slow. The S&P 500 is still expected to remain above 6,000, which is a sign that any sell-off on Tuesday may be mild and short-lived. US stocks had their […]
The Dow Jones reached a new record high after Trump looks set to beat Harris into the White House. A decisive election result is tipping stocks into a frenzy on hopes for deregulation. The Dow Jones is up 3.6% for the week with banking stocks charging to the top. The Dow Jones Industrial Average (DJIA) […]
Intel stock has its best performance in some time. INTC shares lifted 8% by better Q4 guidance. Intel misses on bottom line with $-0.46 loss in Q3 Revenue was benefited by AI and Edge computing. Intel (INTC) stock surged more than 8% on Friday after the embattled legacy semiconductor firm announced major progress on […]
ASX: MACQUARIE GROUP LIMITED – MQG Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart). Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with MACQUARIE GROUP LIMITED – MQG. We see MQG.ASX still having a push lower, and preparing for a future 5-grey wave rally. ASX: Macquarie Group Limited – MQG 1D chart (Semilog scale) analysis […]
Micrsoft stock fell as much as 6% on Thursday after reporting fiscal Q1 earnings. CEO Satya Nadella’s company easily beat Wall Street consensus for revenue and net income. GAAP EPS climbed 10% YoY, and revenue rose 16%. MSFT stock fell due to lower projected Azure cloud growth in Q2. Microsoft (MSFT) skittered off the […]
Larsen & Toubro Elliott Wave technical analysis Function: Counter Trend (Intermediate degree, orange). Mode: Corrective. Structure: Impulse, within larger degree Wave (A). Position: Minor Wave 3 Grey. Details: Minor Wave 3 Grey is now progressing lower against 3930. Invalidation point: 3930. Larsen & Toubro daily chart technical analysis and potential Elliott Wave counts: Larsen & Toubro daily chart […]
Dow Jones dips from 42,500 as US Treasury yields rise. US job openings drop to lowest since January 2021, supporting rate cut bets. Consumer Confidence jumps to 108.7, the highest since March 2021. Boeing leads Dow gains, up 2.93% after share sale, while Chevron, Coca-Cola, and Home Depot lag behind, posting notable losses. The Dow […]
Dow stock closes 2.5% lower on Friday
Dow (DOW) closed at $49.70 on Friday, 2.5% lower on the day. Dow’s stock price has decreased 8.1% so far this year, much less than the 12.4% advance registered by the overall Dow Jones Industrial Average (DJIA) index. On Friday, the DJIA fell by 0.6% to close at 42,114 points. The three leaders were Intel (INTC), Salesforce (CRM) […]
The Dow Jones shed seven-tenths of a percent on Friday at its lowest. A tech stock rally left the Dow in the dust as the blue-chip index waffles. Despite holding on the high end, the Dow Jones found its first down week since August. The Dow Jones Industrial Average (DJIA) bottomed out around 300 points on […]
In a groundbreaking development, tech leaders Amazon and Google, alongside billionaire philanthropist Bill Gates, are at the forefront of an innovative approach to power the digital future: advanced nuclear energy. As global digitalization accelerates, these leading corporations and leader are taking decisive action to address the urgent need for reliable, clean energy sources, particularly for […]
The Dow Jones slipped back below 43,000 on Tuesday. Markets are softer on Tuesday after ripping into new records this week. Weak points in tech sector are leading equities lower despite broad earnings beats. The Dow Jones Industrial Average (DJIA) trimmed lower on Tuesday despite starting the day with a fresh all-time peak bid. The […]
UNH Elliott Wave Analysis Trading Lounge Daily Chart, United Health Group Inc.,(UNH) Daily Chart UNH Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Minor wave 5. Direction: Upside within wave 3. Details: Looking for a bottom in wave 4 to be in place or near completion and consequently further upside towards MediumLevel at 650$. United Health […]