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Wells Fargo & Company: Here's Why Investors Shouldn't Miss Out!Hello, Wells Fargo & Company is a financial services company. It provides a diversified set of banking, investment and mortgage products and services, and consumer and commercial finance, through banking locations and offices, the Internet www.wellsfargo.com) and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in countries outside the United States. Its segments include Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking, and Wealth and Investment Management. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. Commercial Banking products and services include banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. TECHNICAL ANALYSIS- Checklist 1.Structure drawing (Trend line drawing on past price chart data)- As shown below 2.Patterns identification (Naming patterns on past price chart data for future wave)- The price is currently correcting & filling the Nov 5th gap. 3.Future indication (Reading indicator for future wave)- 0 crossover on MACD. 4.Future wave (Drawing on future price chart using future indication from indicator)- As shown 5.Future reversal point (Identifying trend reversal point on price chart using structure)- Target price $90 FINANCIAL SUMMARY BRIEF : From 2018 to 2023, total revenue increased overall from $96.25 billion to $116.22 billion, though it dipped in 2020 and 2022; net interest income fluctuated, starting at $49.99 billion in 2018, dropping to $35.78 billion in 2021, then recovering to $52.38 billion by 2023; meanwhile, net income was highly variable, peaking at $19.55 billion in 2019, significantly dropping to $3.38 billion in 2020, before soaring to $1.914 billion in 2023. Risks to consider •Revenue growth has become challenging at Wells Fargo. Though the Federal Reserve cut the interest rate by 50 basis points in September 2024, the bank’s Non-Interest Income may continue to face challenges in the near term as stabilizing funding costs might take time. The company is trying to increase fee-based income sources, but it will take some time to reflect in its financials. Hence, top-line growth is less likely to improve in the quarters ahead. Q3 EARNINGS SUMMARY (Date of release 11.10.2024) (Next report date Jan 15,2025) •Wells Fargo reported a net income of $5.1 billion down from 5.7 billion in the same Quarter last year 2023. •Total revenue decreased to $20.37 billion, down from $20.86 billion in Q3 2023. •Non-interest expenses were slightly reduced to $13.07 billion, compared to $13.11 billion a year earlier. •The provision for credit losses was reported at $1.07 billion, down from $1.20 billion in Q3 2023. •Average loans were $910.3 billion, a decrease from $943.2 billion. •Average deposits increased slightly to $1,341.7 billion, compared to $1,340.3 billion. •The bank repurchased 62 million shares, totaling $3.5 billion in Q3 2024. •Return on Equity (ROE) was at 11.7%, down from 13.3% in the prior year. •Return on Average Tangible Common Equity (ROTCE) decreased to 13.9%, from 15.9%. •Consumer Banking and Lending revenues decreased by 5%, primarily due to lower deposit balances. •Commercial Banking revenues showed a slight decline of 2%, while Corporate and Investment Banking revenues remained stable. •CEO Charlie Scharf highlighted ongoing investments in diverse revenue sources, with fee-based revenue growing by 16% during the first nine months of the year, largely offsetting net interest income challenges. Our recommendation Wells Fargo reported third-quarter earnings of $5.1 billion, which included a one-time loss of $447 million ($0.10 per share) due to adjustments in their investment securities portfolio. Despite this setback, the bank's strategic realignment is expected to bolster future interest income. Over the past year, Wells Fargo's stock has corrected -12% since November 2024 giving us a great entry opportunity. Key to note is also that Wells Fargo’s Share Repurchase has been performing a share repurchase program. In the reported quarter 3 2024, Wells Fargo repurchased 62 million shares, or $3.5 billion, of common stock. From a technical perspective, the recent correction in the Wells Fargo & Company stock provides a perfect entry point for this stock. The stock has approached its moving averages, which often signals potential support levels. Additionally, there's an anticipation of a zero crossover on the MACD (Moving Average Convergence Divergence), an indicator used to spot changes in a stock's momentum, suggesting a possible shift from bearish to bullish trends. This combination of technical signals indicates that the stock might be at an advantageous point for entry. Our target for this stock is at USD 90.14 with a buy at USD 71.31. Looking ahead, external factors like the election of Donald Trump and Republican control of Congress present potential opportunities for the U.S. banking sector, evidenced by a post-election rally of over 10% for many bank stocks. While valuations in the sector range from fair to slightly overvalued, easing capital regulations—such as the revised Basel III proposal that lowers capital requirements for large banks—could spur balance sheet growth, profitability, and shareholder returns. The proposed law revisions to reduce capital requirements and a more conducive environment for mergers and acquisitions could enhance profitability and shareholder returns. Our recommendation is Buy on this stock.
NYSE:WFCLong
by thesharkke
18
La Rosa Holdings Corp. (NASDAQ: LRHC): A Gem In The Real EstateOverview La Rosa Holdings Corp. (NASDAQ: LRHC) is making waves in the real estate sector, standing out as a resilient and innovative company poised for significant growth. With a current alert price of $0.409 per share, a market cap of $8.25 million, and an average trading volume of $3.3 million, LRHC presents an intriguing opportunity for both short-term traders and long-term investors. Technical Analysis LRHC's stock is currently in a consolidation phase, forming a bullish symmetrical triangle pattern. This technical setup often precedes a breakout, with gains potentially reaching 100% or more. Supporting this bullish outlook are several key indicators: - Relative Strength Index (RSI): At an oversold level of 28.55, signaling a likely reversal. - Moving Averages (MAs): Key MAs have positioned above the candlesticks, further indicating a bullish trend. - Pattern Analysis: The stock has established a strong base following retracements from its peaks in February, June, and October 2024. The setup suggests a significant upward rally is imminent. For traders, this combination of technical indicators provides a rare opportunity to enter at a pivotal moment. Company Highlights Founded in 2004 and headquartered in Celebration, Florida, La Rosa Holdings operates through five key segments: 1. Residential Real Estate Brokerage 2. Franchising Services 3. Coaching Services 4. Property Management 5. Commercial Real Estate Brokerage This multi-faceted approach has enabled the company to create a robust ecosystem, empowering agents and franchisees to thrive in a competitive market. Recent Achievements - Revenue Growth: Reported unaudited preliminary revenue of $65 million for FY 2024, marking a 104% year-over-year increase. - Expansion: Opened its first office in North Carolina, with plans to enter new markets and acquire additional brokerage firms. - Innovation: Introduced cryptocurrency payment options, allowing agents to receive commissions in digital assets—a pioneering move in the real estate industry. CEO Insights Joe La Rosa, the visionary CEO, has emphasized the company’s commitment to innovation and growth: "Achieving over 100% year-over-year revenue growth underscores the strength of our business model. With ambitious plans for 2025, including strategic acquisitions and technology enhancements, we are on track to achieve profitability while empowering our agents with cutting-edge solutions." Why LRHC Stands Out 1. Agent-Centric Model: Offering a 100% commission plan and robust support for agents. 2. Tech-Driven Solutions: Proprietary tools like My Agent Account and kvCORE CRM streamline operations and boost productivity. 3. Sustainability: Proven resilience during economic downturns, including the Great Recession. The Opportunity With its bullish technical indicators, strong fundamentals, and forward-looking strategy, La Rosa Holdings Corp. (NASDAQ: LRHC) is a compelling pick for those looking to capitalize on a high-growth opportunity. As always, do your own research and consider consulting a financial advisor before making investment decisions. Stay tuned for updates on LRHC and other market movers.
NASDAQ:LRHCLong
by DEXWireNews
NVDA Topping PatternUnlike the previous call, I made in NVDA that was corrective. This double-top pattern is signaling a reversal pattern. From a trading perspective, this is a great risk/reward setup that is relatively simple. A CRACK! here will likely lead to at least the right side filling, with the potential deeper pullback (reversal) If on the other hand, it pops above recent highs then no trade or an easy stop out. As you all know I don't do targets, I think they are silly and only used to pretend one has such insight not only can they call the move but also a "target" too. Yeah well, I'll leave that to the "experts" ;) Bulls don't be a dick for tick. Shorts take some early profits to improve cost basis but let this one ride!
NASDAQ:NVDAShort
by RealMacro
6
NVIDIA Slides 11.5% as China’s DeepSeek 3 Threatens AI Hardware NVIDIA is down sharply from Friday's close, roughly 11.5% in the pre-market. What's interesting is that the price is trading below the December 17 low of 126.78, marking a new 2025 low. If the market can't close above126.78 by the end of today, there is a risk that the price continues sliding, potentially down to around 120, and in the worst case, to the September 18 low of $113 per share. The reason for the move lower is that a Chinese company has launched DeepSeek version 3, which is similar to ChatGPT but free, open-source, and significantly cheaper to run. They also trained it much quicker and at a lower cost. If they continue on this trajectory, there will be less demand for ChatGPT and NVIDIA's hardware. What is your take? Are you buying the dip or is this the end for Nvidia? This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
NASDAQ:NVDALong
by ThinkMarkets
Apple (AAPL) Stock Price Analysis: Worst Start to the Year SinceApple (AAPL) Stock Price Analysis: Worst Start to the Year Since 2008 On 27 December, while analysing Apple (AAPL) stock, we noted: "Traders should consider the possibility of a pullback below the key psychological level of $250, with the price potentially retreating to the lower purple boundary." A month later, Bloomberg reports: → By the close of trading on Friday, 24 January, the company's shares had fallen 11% since the start of 2025, marking the worst performance among the "Big Seven" companies. → This represents the worst start for AAPL shares since 2008, when the global financial crisis was in full swing. → Apple has also significantly underperformed the S&P 500, which has risen approximately 3.7% this year and hit a new record high earlier this week. Can the bulls reverse this disappointing trend? Technical Analysis of the AAPL chart shows: → The price remains within a broad ascending channel (which began in June when the company unveiled its Apple Intelligence tools), but it has now fallen into the lower half of the channel. → After briefly dipping below the November low at $219.50, the price recovered – a bullish sign of a Liquidity Grab, suggesting that Smart Money may be turning bullish. Given this, it is reasonable to expect the downward trend to weaken, with market participants likely adopting a wait-and-see approach ahead of the company’s quarterly earnings report, scheduled for 30 January. Wall Street analysts are optimistic, forecasting earnings of $2.35 per share and gross revenue of $124.2 billion (compared to $0.97 per share and $94.93 billion in the previous quarter). Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:AAPL
by FXOpen
2
Spire Global, Inc. (SPIR) AnalysisCompany Overview: Spire Global, Inc. NYSE:SPIR is a leader in satellite-powered data and analytics, offering actionable insights for industries such as agriculture, maritime, and energy. Its innovative solutions and strong market presence position Spire as a key player in leveraging space technology for solving critical challenges. Key Catalysts: Record Bookings and Demand Growth: Spire achieved record Q3 2024 bookings of $40 million, reflecting strong customer demand for its satellite-powered analytics solutions. Continued growth in industries like climate monitoring and supply chain optimization underscores Spire’s market relevance. Strategic NASA Partnership: A contract with NASA to deploy wildfire-detecting satellites highlights Spire’s leadership in addressing environmental challenges. Plans to launch eight satellites by 2025 further strengthen its environmental solutions portfolio. Maritime Business Sale: The $241 million sale of Spire’s maritime business allows the company to: Retire all outstanding debt, significantly improving its financial stability. Focus resources on high-growth opportunities like space-based data analytics and environmental applications. Investment Outlook: Bullish Case: We are bullish on SPIR above the $15.50-$16.00 range, driven by its innovative solutions, increasing demand, and strengthened financial position post-maritime business sale. Upside Potential: Our target for SPIR is $26.00-$27.00, supported by its NASA partnership, continued booking momentum, and focus on tackling global challenges with satellite technology. 🚀 SPIR—Transforming Insights with Space-Powered Innovation. #SpaceTech #SatelliteData #Innovation
NYSE:SPIRLong
by Richtv_official
Oklo Inc. (OKLO) AnalysisCompany Overview: Oklo Inc. NYSE:OKLO is at the forefront of the clean energy revolution, specializing in compact nuclear reactors designed for efficiency and scalability. Its innovative solutions position it as a transformative player in addressing the global demand for clean, reliable energy. Key Catalysts: Landmark Partnerships: Switch Partnership: A deal to supply 12 gigawatts of nuclear power highlights Oklo’s leadership and demonstrates its capacity to scale operations, significantly boosting its revenue potential. RPower Memorandum: Supporting data centers, a rapidly growing market, Oklo expands into industries with high energy demands, further solidifying its presence in strategic high-growth markets. Robust Order Book: With 14 gigawatts of secured orders, Oklo demonstrates strong market demand and a clear path toward sustained growth and market leadership in advanced nuclear energy solutions. Market Potential & Expansion: Oklo’s compact nuclear technology offers cost-effective, carbon-free energy, positioning it to capitalize on global trends toward decarbonization, increased data center energy needs, and clean energy mandates. Investment Outlook: Bullish Case: We are bullish on OKLO above the $31.00-$32.00 range, driven by strong partnerships, robust order growth, and expanding applications for its technology. Upside Potential: Our target for OKLO is $60.00-$61.00, supported by its innovative solutions, increasing market adoption, and entry into high-demand sectors like data centers. 🚀 OKLO—Powering a Clean Energy Future with Innovation and Scalability. #NuclearEnergy #CleanTech #Innovation
NYSE:OKLOLong
by Richtv_official
Why Tesla Stock Could FallHi traders this is why tesla could fall in the coming days. - Musk’s political alignment with Trump may alienate environmentally conscious buyers and complicate international expansion, especially in markets like the EU where Chinese competitors face high tariffs. - Tesla's 2024 annual deliveries fell for the first time in its history (1.79 million EVs, down 1.1% from 2023), missing Wall Street expectations and raising doubts about its ability to achieve Musk’s 20–30% growth target for 2025. - Tesla has repeatedly slashed prices in China to maintain market share, but this strategy is eroding profit margins - Tesla’s P/E ratio of 200 far exceeds peers like Apple or Microsoft - Tesla’s growth narrative hinges on Full Self-Driving (FSD) and robotaxis, but regulatory approval delays and technical challenges persist, these initiatives are unlikely to generate significant revenue before 2026 I am looking for shorts around 409.74, Targeting 291.89 with stop loss at 468.74
NASDAQ:TSLAShort
by ChessCrypto
Even If It Pops.... ITS BOUND TO DROP!Now, I am wishy washy with when I use technical and fundamental's to back my thesis up. This is a technical thesis that has nothing to so with the company, but everything to do with human behavior. Over stretched and weaknesses are showing, TAKE ADVANTAGE. Lastly, you may looks at my ideas and thing "he has no clue what he is talking about", my arrows and lines are not meant to be 100% accurate, but more of a general movement that the stocks are most likely to follow. Pay the most attention to my levels of volume.
NYSE:VRTShort
by LeapTrades
1
Nvidia is NOT SLOWING DOWN!! 1-Month Chart: Pullback Zone: It seems like you’re identifying a pullback zone around $140.76 to $134.29. This is likely a key support area that you’re waiting for a potential retest. Target Area: The yellow zone you have marked could be where you expect the price to consolidate before possibly bouncing higher. Price Levels: The 0.236 level seems to be closely related to your retracement levels, with key support near $109.92. 12-Month Chart: Massive Price Surge: The sharp price movement on the right of the chart is significant, showing strong momentum recently. The yellow line marks the previous high, where the stock is facing some resistance. Pullback Zone: Similar to the 1-month chart, you are looking for a retracement, potentially to the $134.29 level. You’re positioning yourself for a longer-term pullback before seeing further price action.
NASDAQ:NVDALong
by MoNi_MoN
TSLA Consolidation Breakout or Breakdown? Key Levels to Watch Technical Analysis: * Trend Analysis: TSLA appears to be in a consolidation phase, trading within a rising wedge pattern. This signals potential for either a breakout or breakdown depending on market momentum. * Volume: Volume has been declining, suggesting reduced conviction in the recent price movement. * MACD: The MACD line is below the signal line, signaling bearish momentum. * Stoch RSI: The oscillator is moving into oversold territory, potentially indicating a bounce soon if demand picks up. Key Levels to Watch: * Support Levels: * $405: Immediate support level coinciding with recent price action. * $380: Stronger support if the wedge breaks downward. * Resistance Levels: * $440: First significant resistance. * $480: Critical gamma resistance wall. Trade Scenarios: * Bullish Scenario: * Entry: $410 * Target 1: $440 * Target 2: $480 * Stop Loss: $395 * Bearish Scenario: * Entry: $405 * Target 1: $380 * Target 2: $350 * Stop Loss: $420 GEX (Gamma Exposure) Insights for Options: * Call Wall: * $440: 94.99% of GEX concentration, making this the primary resistance level. * Put Support: * $380: High concentration of puts, indicating strong support if prices test this level. * IVR (Implied Volatility Rank): * 54.3: High implied volatility, making options premium-rich for selling strategies. * Directional Bias: Neutral with a slightly bearish lean due to the MACD crossover and wedge pattern. Actionable Suggestions: 1. Consider selling options (e.g., iron condors) to capitalize on premium from TSLA’s high IV. 2. Watch for price action near the $405 level for a potential breakdown or bounce. 3. Avoid over-leveraging as volatility remains elevated. Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own due diligence before trading.
NASDAQ:TSLA
by BullBearInsights
PLTR: Technical Analysis for Trading and GEX for Options Trading Trading Analysis: * Current Trend: PLTR is showing strong upward momentum, breaking out of a rising wedge pattern. However, it's approaching resistance near $80, with $85 being a major level to watch. * Support Levels: Immediate support is at $74, followed by a stronger base at $72.50. * Resistance Levels: Resistance stands at $80, with $85 marking a significant overhead level. * Indicators: * MACD: Shows bullish momentum but starting to flatten, indicating a potential slowdown. * Stochastic RSI: Entered the overbought region but beginning to curve downward, hinting at possible consolidation or minor pullback. * Volume: Consistently higher volume on bullish candles, suggesting strong buyer interest. Gamma Exposure (GEX) for Options Trading: * GEX Levels: * Call Walls: * $80 (Highest positive NETGEX and Gamma Wall). * $85 (Third CALL Wall, signaling strong resistance). * Put Walls: * $72.50 (Second PUT Wall). * $60 (Primary support from options data). * IVR & IVx: Elevated IVR at 81.2 and IVx average at 78.5, suggesting PLTR options are relatively expensive. This is suitable for strategies like spreads or covered calls. * Options Sentiment: Calls dominate with 76% GEX allocation, confirming bullish sentiment. Actionable Suggestions: 1. Bullish Scenario: * Entry: Above $80 with confirmation of breakout. * Target: $85 (next major resistance level). * Stop-Loss: $74. 2. Bearish Scenario: * Entry: Below $74 if price rejects $80 resistance. * Target: $72.50 and potentially $70. * Stop-Loss: $80. 3. Option Strategy: * Bull Call Spread: Buy $80 call and sell $85 call for a risk-defined bullish setup. * Short Put: Sell $72.50 put to capitalize on strong support and elevated IV. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage your risks before trading.
NASDAQ:PLTR
by BullBearInsights
META Approaching Crucial Resistance! Trade Setups for Jan 23 Analysis: Meta Platforms (META) has seen a strong upward move and is now trading close to a critical resistance zone near $650. The price action and gamma levels suggest a potential continuation or retracement scenario. Technical Observations: 1. Trend Analysis: * META is in a clear uptrend, supported by higher highs and higher lows. * The price is forming a rising wedge, indicating potential bullish momentum but also a risk of reversal if key levels are breached. 2. Key Levels: * Resistance: $652 (recent high and 3rd call wall), $700 (highest GEX/call resistance). * Support: $633.43 (immediate support), $603.65 (major support level and put gamma wall), $580 (next key level). 3. Indicators: * MACD: Currently showing slight bearish divergence, signaling potential short-term weakness. * Stochastic RSI: Approaching overbought territory, suggesting caution for longs. 4. Volume Profile: * Increased buying volume during the recent rally indicates strong bullish interest but may slow as META nears resistance. GEX Insights: 1. Call Walls: * Key Call Levels: $652 (3rd call wall) and $700 (highest positive GEX and gamma resistance). Breaching $652 could open the path to $700. 2. Put Walls: * Key Put Levels: $603.65 (strong support zone) and $580 (next major support). 3. IVR and Options Activity: * IVR: 43.5 (slightly above average volatility). * Options Flow: Call volume dominates with a 29.9% skew, reinforcing bullish sentiment. Trade Scenarios: Bullish Scenario: * Entry: Break above $652 with strong volume. * Target: $680 (intermediate resistance) and $700 (long-term target). * Stop-Loss: Below $640 to limit downside risk. Bearish Scenario: * Entry: Rejection at $650-$652. * Target: $633.43 (immediate support) and $603.65 (key support). * Stop-Loss: Above $655 to minimize losses. Actionable Suggestions: * Closely watch price action around $650-$652. A breakout could accelerate upward momentum, while rejection signals a pullback. * Monitor options flow for shifts in sentiment, particularly near $652 and $700. * Be cautious of overbought signals from the Stochastic RSI when considering long positions. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
NASDAQ:META
by BullBearInsights