Road to success concept and sustainable development idea getty Plenty of folks are starting to look toward the new year, and I’m getting a lot of questions about my outlook for high-yield closed-end f...
Tag: forecast
Did stocks bottom? DJIA price forecast for Q4 2022
With only two trading days left in the month, stocks bounced from their 2022 lows. It may well be just a bounce and nothing more, but it coincides with the turnaround Tuesday bias, as explained here. ...
The Solana Forecast for 2030 – How high can SOL go in the next few years?
In 2021, the Solana cryptocurrency saw extremely strong price gains. This resulted in Solana’s native coin SOL even rising into the top 10 cryptocurrencies and has stayed in the bear market in this ar...
Dow Jones, the S&P 500, and Nasdaq forecast after another 75bp rate hike
Wall Street’s three main indexes remain under pressure after the U.S. Federal Reserve decided to lift interest rates by 0.75 basis points on Wednesday and signaled that rates might go even higher than...
S&P 500 forecast after another 75bp rate hike
On Wednesday, the Federal Reserve (Fed) delivered another 75bp rate hike – the third one in a row. Moreover, the dots plot showed a hawkish picture, as the FOMC members project more rate hikes ahead. ...
Here’s a Realistic Bitcoin (BTC) Bottom Forecast, According to Crypto Trader Jason Pizzino
A popular analyst and trader is predicting a final capitulation phase for Bitcoin (BTC) before the king crypto could realistically bottom out. In a new video, crypto strategist Jason Pizzino tells his...
Dogecoin Price Forecast: Will Dogecoin ever reach $10?
The assumptions around DOGE appear to be wearing off as Elon’s tweets are barely mentioning cryptos anymore. Dogecoin is one of the most famous cryptocurrencies on the market. The meme coin began its ...
HSBC share price forecast amid Hang Seng and Chubb deal
HSBC (LON: HSBA) share price rose on Tuesday as investors reflected on the latest news on Hang Seng Bank. It also rose as the market waits for the upcoming interest rate decision by the Federal Reserv...
Global Crypto Art Market Forecast to 2029 – Featuring OpenSea, Rarible and SuperRare Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Crypto Art Market, Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering. This report focuses on Crypto Art market revenue at the global, regi...
USD/ZAR forecast: rand at risk amid South Africa power outages
The USD/ZAR price soared to a record high on Monday as investors braced for more weakness of the South African economy. The pair surged to a high of 17.76, which was about 23% above the lowest level t...
AUD/USD forecast ahead of Australia jobs and US retail sales data
The Australian dollar (AUD/USD) plummeted to the lowest level in more than a week amid a persistent strong US dollar. It dropped to a low of 0.6700, which was about 3% below the highest point this wee...
US dollar index (DXY) forecast ahead of retail sales and inflation data
The US dollar index has retreated sharply in the past few days as investors focus on the upcoming US inflation and retail sales data. It has fallen in the past five straight days and moved to the lowe...
USD/CNY forecast as the renminbi crash eases
The USD/CNY exchange has been in a strong bullish trend this year, pushing the Chinese yuan and the renminbi to the lowest level since August 2020. The pair has jumped by almost 10% this year. This me...
Bitcoin Veteran Anthony Pompliano Disavows Crypto Price Predictions After Incorrect $100,000 BTC Forecast
Responding to recent social media criticism, longtime Bitcoin (BTC) advocate Anthony Pompliano says BTC showed him that price predictions are a fool’s game. Pompliano, who co-founded investment firm M...
DocuSign Stock Surges on Earnings Beat, Boost to Billings Forecast
Text size Courtesy DocuSign Shares of DocuSign were surging Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fisca...
Russell 2000 forecast as the US dollar index surged to a 2-decade high
The Russell 2000 index spectacular sell-off took a breather on Thursday as the US dollar index pulled back. It rose to $1,832 in the futures market, which was slightly above this week’s low of $1,782....
EUR/GBP price forecast ahead of today’s ECB decision
Bearish sentiment on the euro and Europe was this year’s central theme in the FX market. Understandably so, given the war in Ukraine and rising energy prices. As such, the euro dropped against the US ...
GBP/USD forecast: sterling could crash to parity in 2022
The GBP/USD price is hovering near the lowest level since 1985 as investors reflect on the new British government. The pair slipped to a low of 1.1447, which was about 17% below the highest level this...
UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast
Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...
USD/JPY price forecast as it blasts beyond 141
September started with another leg higher in the Japanese yen pairs, and in particular in the USD/JPY one. After the Non-Farm Payrolls report was released last Friday, the USD/JPY consolidated above 1...
Trader Flips Short on Chiliz (CHZ), Makes Forecast for Polygon (MATIC) and One More Large-Cap Altcoin
A closely followed analyst known for timely altcoin calls is updating his outlook on several crypto assets as the markets trade flat. The pseudonymous trader known as Altcoin Sherpa says he’s looking ...
Broadcom Gives Strong Forecast, Evading the Chip Slump
(Bloomberg) — Broadcom Inc., a chipmaker that supplies some of the largest companies in the tech industry, gave a strong sales forecast for the current quarter, allaying fears that spending on i...
Rolls-Royce share price forecast for September 2022
Rolls-Royce (LON: RR) share price had a difficult performance in August as concerns about the aviation sector and the global economy continued. The shares collapsed by more than 15% during the month a...
Okta stock falls despite increased forecast, earnings beat
Okta Inc. shares fell in late trading Wednesday despite revealing an increase in the software company’s annual outlook and reporting a better quarter than Wall Street expected. Okta OKTA, +0.26%, whic...
Zoom Video share price forecast after Q2 results
Zoom Video Communications, Inc. (NASDAQ: ZM) reported second-quarter results last Monday, and the company’s management updated financial guidance for the third fiscal quarter and for the full 2023 fis...
EUR/USD forecast as bets against the euro rises
The EUR/USD price formed an inverted cup and handle pattern as bets against the euro continued. The pair dropped to a low of 0.9930 on Monday, which is close to this month’s low of 0.9900. It has fall...
Abrdn share price forecast ahead of the FTSE reshuffle
Abrdn (LON: ABDN) share price collapsed to the lowest level since 2009 as the company heads out of the FTSE 100 index. The stock dropped to a low of 147p, which was about 70% below its highest point s...
When Does The Unemployment Rate Actually Forecast Stock Prices?
Unemployment and inflation – key economic indicators. Getty Images The unemployment rate is a key indicator of the health of any economy. A high unemployment rate indicates that the economy is n...
Micron forecast expected to shed light on how two years of unprecedented supply problems may resolve
Micron Technology Inc. investors are hoping the memory-chip maker’s forecast will provide more color into the unprecedented supply-and-demand dynamics created by two years of COVID-19-related disrupti...