I am not saying that the markets cannot go up. If you look at what happens, Nasdaq 100 futures went back up after dipping below 14700 before staging a comeback to above 15070 this week. But how did it close by the end of the bell on Friday? It ended below 14900 and closed around 14891. The slight gain from the low of the week at 14600 plus to this level does not mean market has found back the confidence. Sentiment wise there is this possibility that it could always break the level of 14600 and then move down further. Let's take a look at core pce which was not over forecasted number. The markets did initially run up as per what was mentioned earlier, having hit above 15k but it subsequently came down within the first 2 hours of trading. In comparison, hang Seng tech index which seems to be
$Starbucks(SBUX)$, a global coffee giant, is a prominent player in the fast-casual dining scene. With recent courtroom battles and commendable financial achievements, the coffee giant's journey through highs and lows showcases its resilience and strategic prowess. Let’s delve into Starbucks' legal challenges and financial triumphs, shedding light on its ability to navigate a complex business landscape. Starbucks Ordered to Pay $2.7 Million in Damages A recent court ruling has dealt Starbucks a financial blow. Stemming from a racially charged incident in 2018, the company was ordered to pay an additional $2.7 million in lost wages and tax damages to a former regional manager, Shannon Phillips, who alleged racial discrimination. This decision follow
$Starbucks(SBUX)$, a global coffee giant, is a prominent player in the fast-casual dining scene. With recent courtroom battles and commendable financial achievements, the coffee giant's journey through highs and lows showcases its resilience and strategic prowess. Let’s delve into Starbucks' legal challenges and financial triumphs, shedding light on its ability to navigate a complex business landscape. Starbucks Ordered to Pay $2.7 Million in Damages A recent court ruling has dealt Starbucks a financial blow. Stemming from a racially charged incident in 2018, the company was ordered to pay an additional $2.7 million in lost wages and tax damages to a former regional manager, Shannon Phillips, who alleged racial discrimination. This decision follow
On Thursday, 11 U.S. banks led by $JPMorgan Chase(JPM)$ , $Bank of America(BAC)$ , and $Citigroup(C)$ banded together to inject $30 billion in uninsured deposits into stumbling lender $First Republic Bank(FRC)$ .Fears of a global banking crisis have eased following the rollout of multi-billion-dollar lifelines for troubled lenders in Europe and the United States. Stocks rose in China, Japan, South Korea, Malaysia, Australia, the Philippines and Hong Kong on Friday: China’s blue-chip index gained 0.8%, while
May the below 3 charts will help you find which company is the most profitable one and which one's EPS grows the fastest?$Amazon.com(AMZN)$ ,$Wal-Mart(WMT)$ $Home Depot(HD)$ $Costco(COST)$ $CVS Health(CVS)$ $Lowe's(LOW)$ $Target(TGT)$ $Kroger(KR)$
Caesars Entertainment (CZR) Shows Resilience Amid Market Volatility February 17, 2023 By EWFAyoub Caesars Entertainment, Inc. (CZR) operates more than 50 hotel and casino properties in the United States, making it a major player in the industry. The company is publicly traded on the NASDAQ exchange under the ticker symbol CZR. As with any hospitality company, its stock price can be subject to volatility, presenting opportunities for investors to profit from price fluctuations. Our article will analyze the recent movements of Caesars Entertainment, Inc.’s (CZR) stock price by utilizing Elliott Wave Theory on the daily chart. Through this approach, we aim to provide a comprehensive overview of the current price action to help investors make informed decisions. Despite being trapped in a side