In 99% of the U.S., homes became less affordable this year. Here are the 7 places where they didn’t. - Analyst news - NewsLocker (2024)

Housing prices have hit a new high, making it tougher for prospective buyers to afford a home in most places in the U.S., Attom Data Solutions said in a new report.
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[mwai_chat context=”Let’s have a discussion about this article:nnHousing prices have hit a new high, making it tougher for prospective buyers to afford a home in most places in the U.S., Attom Data Solutions said in a new report.nnDiscussion:nn” ai_name=”Rocket

The U.S. stock market has extended its summer rally, with the S&P 500 index climbing to yet another record peak Friday as investors weighed the latest jobs report.
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[mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. stock market has extended its summer rally, with the S&P 500 index climbing to yet another record peak Friday as investors weighed the latest jobs report.nnDiscussion:nn” ai_name=”

7 trends to watch in the food world — from freeze-dried candy to mushroom coffee

The U.S. has become a nation defined by its taste for all things gourmet, be it high-end coffee or imported olive oil. But what trends will define the future of food?
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[mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. has become a nation defined by its taste for all things gourmet, be it high-end coffee or imported olive oil. But what trends will define the future of food?nnDiscussion:nn” ai_name=”Ro

Natural-gas prices dropped 11% this week. Beryl may fuel further losses.

Natural-gas futures posted a nearly 11% weekly drop on Friday, pressured by an apparent slowdown in demand that came ahead of the Fourth of July holiday — and prices could take a further hit with the storm known as Beryl forecast to hit parts of Texas, potentially slamming demand for the fuel.
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[mwai_chat context=”Let’s have a discussion about this article:nnNatural-gas futures posted a nearly 11% weekly drop on Friday, pressured

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2-year Treasury yield ends at lowest since March on signs of deteriorating labor market

U.S. government debt rallied on Friday, sending the policy-sensitive 2-year yield to a more than three-month low, after government data showed that fewer jobs had been created in May and April than initially thought.
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[mwai_chat context=”Let’s have a discussion about this article:nnU.S. government debt rallied on Friday, sending the policy-sensitive 2-year yield to a more than three-month low, after government data showed that fewer jo

Gold and silver futures end at highest levels since May after U.S. jobs data

Gold and silver futures posted their highest settlements since May on Friday, as downbeat U.S. economic data helped put pressure on the dollar and fueled expectations for an interest-rate reduction by the Federal Reserve.
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[mwai_chat context=”Let’s have a discussion about this article:nnGold and silver futures posted their highest settlements since May on Friday, as downbeat U.S. economic data helped put pressure on the dollar and fuel

Oil prices on track for 4th straight weekly gain

Oil futures climbed on Friday, with U.S. and global benchmark prices headed for their fourth straight weekly gain as a recent drop in U.S. crude supplies and a rise in gasoline demand helped to ease some concerns over the outlook for energy demand.
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[mwai_chat context=”Let’s have a discussion about this article:nnOil futures climbed on Friday, with U.S. and global benchmark prices headed for their fourth straight weekly gain as a recen

Macy’s stock rallies as Arkhouse, Brigade reportedly sweeten their buyout offer

After earlier unsuccessful buyout bids for Macy’s Inc., investment firms Arkhouse Management and Brigade Capital Management are trying again, raising their offer for the retailer by around $300 million, the Wall Street Journal reported on Wednesday.
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[mwai_chat context=”Let’s have a discussion about this article:nnAfter earlier unsuccessful buyout bids for Macy’s Inc., investment firms Arkhouse Management and Brigade Capita

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XAU/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

Key takeawaysMain scenario: consider long positions from a correction above the level of 2293.93 with a target of 2500.00 – 2560.00. A buy signal: after the level of 2293.93 is broken. Stop Loss: 2250.00, Take Profit: 2560.00.Alternative scenario: breakout and consolidation below the level of 2293.93 will allow the pair to continue declining to the levels of 2218.46 – 2161.56. A sell signal: after the level of 2293.93 is broken. Stop Loss: 2330.00, Take Profit: 2161.56.Main scenari

WTI Crude Oil: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

Key takeawaysMain scenario: Consider short positions below the level of 87.75 with a target of 67.60 – 57.00 once a correction is completed. A sell signal: after the level of 87.75 is broken. Stop Loss: 90.00, Take Profit: 57.00.Alternative scenario: Breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00. A buy signal: after the level of 87.75 is broken. Stop Loss: 85.00, Take Profit: 100.00.Main scenarioConsider

USD/JPY: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

Key takeawaysMain scenario: consider long positions from a correction above the level of 154.51 with a target of 165.00 – 170.00. A buy signal: after the level of 154.51 is broken. Stop Loss: 153.00, Take Profit: 170.00.Alternative scenario: breakout and consolidation below the level of 154.51 will allow the pair to continue declining to the levels of 151.68 – 146.44. A sell signal: after the level of 154.51 is broken. Stop Loss: 156.00, Take Profit: 146.44.Main scenarioConsider lo

GBP/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

Key takeawaysMain scenario: consider long positions from a correction above the level of 1.2610 with a target of 1.3145 – 1.3740. A buy signal: after the level of 1.2610 is broken. Stop Loss: 1.2510, Take Profit: 1.3740.Alternative scenario: breakout and consolidation below the level of 1.2610 will allow the pair to continue declining to the levels of 1.2518 – 1.2300. A sell signal: after the level of 1.2610 is broken. Stop Loss: 1.2710, Take Profit: 1.2300.Main scenarioConsider lo

EUR/USD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

Key takeawaysMain scenario: consider long positions from a correction above the level of 1.0665 with a target of 1.0977 – 1.1141. A buy signal: after the level of 1.0665 is broken. Stop Loss: 1.0612, Take Profit: 1.1141.Alternative scenario: breakout and consolidation below the level of 1.0665 will allow the pair to continue declining to the levels of 1.0450 – 1.0217. A sell signal: after the level of 1.0665 is broken. Stop Loss: 1.0720, Take Profit: 1.0217.Main scenarioConsider lo

When will gold strike? Forecast as of 05.07.2024

The precious metal withstood a strong US dollar and growing Treasury yields. What will happen when a headwind changes to a tailwind? Let’s discuss it and make a trading plan.Key takeawaysGold resisted a strong dollar and rising Treasury yields.Bullish drivers, such as de-dollarisation and geopolitics, are still in play.The precious metal will soar if the Fed starts talking about rate cuts.Gold may reach $2,400, $2,425, and $2,480 an ounce.Monthly fundamental forecast for goldThe old wa

USD/CHF: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

Key takeawaysMain scenario: consider short positions from a correction below the level of 0.9050 with a target of 0.8730 – 0.8325. A sell signal: after the level of 0.9050 is broken. Stop Loss: 0.9150, Take Profit: 0.8325.Alternative scenario: breakout and consolidation above the level of 0.9050 will allow the pair to continue rising to the levels of 0.9226 – 0.9451. A buy signal: after the level of 0.9050 is broken. Stop Loss: 0.8950, Take Profit: 0.9451.Main scenarioConsider shor

USD/СAD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24

Key takeawaysMain scenario: consider short positions from a correction below the level of 2370.00 with a target of 2218.46 – 2161.56. A sell signal: after the level of 2370.00 is broken. Stop Loss: 2450.00, Take Profit: 2161.56.Alternative scenario: breakout and consolidation above the level of 2370.00 will allow the pair to continue rising to the levels of 2500.00 – 2560.00. A buy signal: after the level of 2370.00 is broken. Stop Loss: 2300.00, Take Profit: 2560.00.Main scenarioC

Treasury yields hold steady ahead of June jobs data

Yields on U.S. government bonds traded flat to lower on Friday as investors returned from a holiday break to a fresh update on the state of the jobs market.
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[mwai_chat context=”Let’s have a discussion about this article:nnYields on U.S. government bonds traded flat to lower on Friday as investors returned from a holiday break to a fresh update on the state of the jobs market.nnDiscussion:nn” ai_name=”RocketNews AI: ”

The legacy of a market debacle — former U.K. Prime Minister Liz Truss is out of a job

Liz Truss, who was the shortest serving prime minister in the country’s history in 2022, lost her South West Norfolk seat by around 630 votes to Labour candidate Terry Jermy.
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[mwai_chat context=”Let’s have a discussion about this article:nnLiz Truss, who was the shortest serving prime minister in the country’s history in 2022, lost her South West Norfolk seat by around 630 votes to Labour candidate Terry Jermy.nnDiscussion

Short-term Analysis for Oil, Gold, and EURUSD for 05.07.2024

I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Oil is trading in abullish trend.Technical analysis key pointsUSCrude: Oil is trading in an uptrend. The growth target is the zone 84.75 - 84.45. If a correction starts, key support levels are 81.02 - 80.74 and 79.65 - 79.23.XAUUSD: Gold is testing the

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 05.07.2024

Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Key takeawaysBTCUSD: A complex correction [4] continues developing. The price is projected to drop to 52,391.91. A sell signal: after a breakout at 54,147.55. Stop Loss: 55,074.13, Take Profit: 52,391.91.XRPUSD: The price may continue declining to 0.377. A sell signal: after a breakout at 0.3930. Stop Loss: 0.416, Take Profit: 0.377.ETHUSD: The price is falling in a zigzag-sha

Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon

High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday.
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[mwai_chat context=”Let’s have a discussion about this article:nnHigh-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday.nnDi

US Dollar Collapse Looming? Forecast as of 05.07.2024

The political turmoil in France has been contained, forcing EURUSD bears to flee the battlefield against the approaching start of the federal funds rate cut cycle. Let's delve into this topic and make a trading plan.Highlights and key pointsThe political risks in France have been reduced.The ECB is in no hurry to cut rates.Weak US employment data will drag the US dollar down.The EURUSD pair may reach 1.0865 and 1.09.Weekly US dollar fundamental forecastThe show is over. Polls show that the r

Is the big slowdown in hiring finally here? June U.S. jobs report not supposed to show it.

The U.S. economy wasn’t supposed to churn out so many new jobs this year, according to the experts. But lots of businesses have been hiring to underpin a solid economic expansion.
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[mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. economy wasn’t supposed to churn out so many new jobs this year, according to the experts. But lots of businesses have been hiring to underpin a solid economic expansion.nn

Is Shiba Inu (SHIB) a good investment? Shiba Inu's Potential Analyzed for 2024 and Beyond

In 2020, the crypto world saw another meme coin - Shiba Inu. The pioneer of this trend was Doge Coin, which blew up the cryptocurrency market with the bizarre concept. Few believed that any other coin could come close to trailblazer. The dominant market sentiment was that Doge would occupy the same place among meme coins as Bitcoin did in the world of cryptocurrencies. But Shiba Inu managed to repeat this success.In this review we will look at everything that Shib holders would like to know. Is

Visa Stock Forecast for 2024, 2025-2026, and Beyond

Visa Inc., a global payments technology company, operates one of the world's most extensive and advanced electronic payments networks. Visa stock, as a representation of this financial giant, is a significant asset in the investment world, attracting attention for its resilience and growth potential. The company's ability to process billions of transactions across over 200 countries underscores its pivotal role in the global economy and the fintech industry, making its stock a staple in many inv

Pound May Benefit from Labour Victory. Forecast as of 04.07.2024

The reaction of currencies to the elections is as different as day and night. While the overwhelming majority in Mexico and France is seen as a negative for the peso and the euro, the opposite is true in the US and the UK. Let's delve into this topic and make a trading plan for GBPUSD.Highlights and key pointsThe Labour Party will win the national election by a large marginThe Labour'spolicies are positive for the poundDeteriorating statistics puts pressure on the US dollarThe pound ma

Economic calendar for the week 08.07.2024 – 14.07.2024

Market expectations for two Fed rate cuts this year remain largely the same. Despite the Fed's new forecasts regarding the outlook for monetary policy, which includes an interest rate cut in Scenario 1 in 2024, markets are expecting the first cut in September and another in November. The next Fed meeting is scheduled for the end of this month. As the Fed Chairman Jerome Powell has previously repeatedly warned, the decision on interest rates will depend on incoming macro data and inflation dynami

Roche to halt lung-cancer drug trial after disappointing data

Roche Holding said it plans to halt a mid- and late-stage clinical study for a combination of drugs to treat lung cancer after it failed to meet the trial’s primary efficacy goals.
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[mwai_chat context=”Let’s have a discussion about this article:nnRoche Holding said it plans to halt a mid- and late-stage clinical study for a combination of drugs to treat lung cancer after it failed to meet the trial’s primary efficacy goals.

For all the fear of black swans, the stock market is acting roughly the same

“If the modern world is growing ever more complex and more black swans are flying around as a result, it is not apparent in the historical return data,” says one market observer.
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[mwai_chat context=”Let’s have a discussion about this article:nn“If the modern world is growing ever more complex and more black swans are flying around as a result, it is not apparent in the historical return data,” says one market o

Short-term Analysis for Oil, Gold, and EURUSD for 04.07.2024

I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Yesterday, the gold price increased.Oil price forecast for today: USCrude analysisOil continues to trade in a short-term uptrend. The bullish target is the Gold Zone 84.75 - 84.45. Bears are trying to start a downward correction. If they succeed, the quotes m