Thermo Fisher Scientific (TMO) is a scientific instrument maker and a world leader in serving science. The company has three segments: Life Sciences Solutions, Analytical Instruments, and Specialty Diagnostics.Analysts have slashed their earnings expectations across the board, landing the stock
November 3, 2023
GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, 3 November 23British Pound/U.S.Dollar (GBPUSD) Day ChartGBPUSD Elliott Wave Technical AnalysisFunction:Counter TrendMode: impulsiveStructure: wave 5 of CPosition: 2/BDirection;Next Higher Degrees: new uptrendDetails: blue wave 4 of black wave C completed at
The USD/CAD pair looks for intermediate support near 1.3700 after a sharp sell-off. The Loonie asset remains on the backfoot as investors dumped the US Dollar on expectations that the Federal Reserve (Fed) is concluding its rate-tightening campaign.The US Dollar
Shopify (SHOP) is a cloud-based commerce platform that provides software for building and operating e-commerce businesses. In Q3 FY2023, Shopify’s revenue was up 25% YoY and gross profit was up 36% YoY. The company also reported positive free cash flow for
EUR Higher on ThursdayThe Euro is catching a bid today on the back of comments from ECB’s Schnabel yesterday. Following on from the ECB holding rates unchanged this month, Schnabel warned that it is too early to call an end
The recent #MacroView blog noted economists are increasingly confident the economy will avoid a recession. Such is due to strong job and retail sales data. Even Jerome Powell, in his recent speech, made note of the strength of the data. To wit:
The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0571 Prev Close: 1.0620 % chg. over the last day: +0.46 % Comments from US Fed Chairman Jerome Powell on Wednesday after the FOMC meeting reinforced speculation that the Fed is ending
Microsoft Corp., Elliott Wave Technical AnalysisMicrosoft Corp., (MSFT): 4h Chart 3 November 23MSFT Stock Market Analysis: We have been looking for upside resumption for a few days now. Looking for continuation higher into {iii} as we seemed to have found a
In a significant legal development that could have far-reaching consequences for the cryptocurrency industry, Sam Bankman-Fried, the co-founder of FTX, has been found guilty of all charges in the FTX trial that started on October 3.The verdict, delivered by a jury of nine women
It seems investors are starting to think that the Fed is done with rate hikes and are now starting to reduce underweight positions in risk assets, including emerging market currencies. This is dollar negative. Today’s US jobs data will be
