WTI's price broke through the 200-day MA. In the next few days, we should also see the breakup in the 50-day MA versus the 100-day MA. Energy stocks will benefit from the price swing in Q1 2025. Look at XOM, BKR, CVX The Chinese government's introduction of ultra-long special government bonds to boost infrastructure spending and consumer demand has heightened...
The recent stock market selloff was stirred by Trump's bold ideas about the Panama Canal, Canada, and Greenland. Right now, the Index is flirting with its 100-day moving average. If it stays below 5,830, I predict another downward swing, aiming for a near-term target 5,600.
When it comes to trading and investing in Meta Platforms for Q1 2025, the strategy is clear. Long-term, Meta is looking quite bullish. If the company nails cost efficiency and continues to advance in AI, 2025 could be another stellar year for them. But let’s not ignore the short-term volatility that might creep in. Meta’s stock is currently riding high, trading...
If you're trying to figure out the stock market's next moves, watch the S&P 500 Index. Last Friday marked a crucial point, with the index dipping to 5,930. This is the line you don't want to cross. Slipping below means we're below the 50-day moving average again and likely heading further south. Falling past this 5,930 mark breaks the trendline for the second...
Since the beginning of 2024, the Nasdaq 100 Index jumped 28.83%, leaving the broader market, like the S&P 500, in the dust. In the long term, the chart screams bullish, with the one-month view suggesting a strong buy. Yet, the recent trading sessions have seen some cooling off, a typical holiday lull as traders and investors take a break. The Nasdaq peaked at...
Riding the Nasdaq Wave: Navigating Market Swells and Dips Let’s dive into the Nasdaq 100 Index. Flashback to a year ago, and you'll remember a 4.05% dip from December 28, 2023, to January 4, 2024. Technology stocks took a hit, shaken by rising interest rates. The market trembled under hawkish whispers from Federal Reserve officials, who hinted that rates might...
Navigating the S&P 500: What to Watch This Christmas Week If you look at the S&P 500's technical chart, you'll notice something intriguing: Friday's rebound wasn't just any rebound — it came with a surge in volume. The Index is flirting with its 50-day Moving Average, a key indicator with investors on edge. As long as macroeconomic data doesn’t throw any...
Yesterday's sell-off damaged the S&P 500's 50-day moving average. While we initially saw a bounce back at the opening, it didn't hold. This makes the 5925 level a critical point to watch as we head toward the end of the year. For those keeping an eye on the charts, a trendline has been intact since the low in October 2023. Although it was breached during the...
Why do I think that TWLO should be attractive BUY at these price levels: Our top pick Twilio (TWLO) reported Q2 Non-GAAP EPS of $0.87, beating estimates by $0.17, with revenue of $1.08 billion, up 4% year-over-year. The company reported more than 316,000 active customer accounts as of June 30, 2024, compared to over 304,000 in the prior year. Twilio’s Q3 revenue...
www.ki-wealth.com Unity Software is set to release its second quarter 2024 financial results on August 8, 2024, after the market closes. The market consensus estimates for Unity’s Q2 2024 financial results are as follows: Revenue: Expected to be between $420 million and $425 million, which represents a year-over-year decline of 6% to 7%. Adjusted EBITDA:...
Our recent recommended top pick from Healthcare sector: PFE: released better than expected financial results; raised full year guidance; The company’s earnings per share (EPS) in the second quarter stood at $0.60, surpassing the consensus estimate of $0.46. Revenue came in at $13.3 billion, also above the projected $13.03 billion. Pfizer reported adjusted...
Q4 2024 financial results – solid performance is expected Cisco Systems is scheduled to release its Q4 2024 financial results on August 14, 2024, after the U.S. market closes. Regarding expectations, Cisco has forecasted Q4 revenue between $13.4 billion and $13.6 billion, which is above analysts’ estimates of $13.23 billion. The company has also projected...
FLEX is rated “Buy” with a 12-month target price of 33.92, a 14.13% upside from the current price of 29.72. Our in-house valuation suggests fair price of $42 per share, implying attractive 41% upside potential for the stock in the next 12-months period. Technical Chart indicates that the stock is close to breakout the 100 -days MA. The company is reporting today...
Global LNG demand is expected to rise significantly by 2040, driven by industrial coal-to-gas switching in China and increased usage in South Asian and Southeast Asian countries to support economic growth. As OPEC+ decided to prolong crude oil supply cuts, we may see surge in natural gas prices and in LNG price. Going into the summer months LNG prices will also be...
Zscaler (ZS) released solid financial results, above consensus expectations with positive surprise. In addition, ZS provided upbeat guidance for the Full year 2024 and for the next quarter, highlighting continuing growth (above market expectations) Although on a technical chart the stock looks like a SELL, I see very limited downside potential for the stock given...
BSX share price looks like it will go more to the upside. Especially after BSX reported its 1Q 2024 financial results and lifted up full year 2024 financial guidance. Another positive trigger will occur end of May - June as the company should announced completion of the acquisition of Axonics (AXNX). Technicalls the Daily chart looks also attractive. I would...
Despite possible sideway fluctuations, SPX is on its way to reach 5,250 level
Nasdaq moved below the 50-day MA on relatively big volume as investors' risk aversion increased on rising geopolitical risks. Yet the chart for the NQ looks bearing for the short-term. We expect short fluctuations to the upper side. However, we recommend to sell during the up-movements as we believe that the positive news is exhausted for now.