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Fundamental-analysis

ETH/USDT 4HIntervalHello everyone, please look at the ETH chart on a four-hour time frame. As you can see, the price remains below the local downtrend line. After unfolding the Fib Retracement grid, you can see how the support at $2,212 held the price, and then there is strong support at $2,074. Looking the other way, we have significant resistance at $2,375, followed by a strong zone from $2,599 to $2,715. The RSI indicator shows a fight against the downward trend line, while the STOCH indicator still has room to try to raise the price.
by cryptodailyuk
Why Now is the Time to Go Long on USD/JPYThe trade idea capitalizes on the economic strengths of the US and the challenges faced by Japan, making a long position on USD/JPY appealing. Amidst the contrasting economic landscapes of the US and Japan, a long position on USD/JPY appears favorable. The robust and resilient US economy, marked by strong retail sales, positive jobless claims, and optimistic consumer sentiment, positions the USD on solid ground. In contrast, Japan faces challenges with contracting Manufacturing PMI, easing CPI, and external factors like weakened Chinese data impacting its economic outlook. US Economic Strength: Federal Reserve maintaining interest rates reflects a strong and resilient economy. December retail sales surged, indicating consumer confidence. Positive jobless claims and robust performance in ISM Manufacturing PMI and Retail Sales further strengthen the USD. JPY Economic Challenges: BOJ maintains expected monetary policy; Governor Ueda expresses openness to easing. Stable Unemployment Rate, but Manufacturing PMI contracts while Services PMI shows resilience. Japanese wage data falls below expectations, impacting BOJ's policy decisions. Weakening Chinese data adds complexities to Japan's economic scenario. Trade Strategy: Long Position on USD/JPY: Consider initiating a long position on the USD/JPY currency pair. Entry Point: Look for technical signals indicating potential upward momentum. Stop-Loss: Place below recent significant support to manage downside risks. Take-Profit: Target the next resistance level, considering the positive momentum in the US economy.
Long
by Elite_Forex
2
XBI Long-term Buy SignalsAMEX:XBI is giving long term buy signals as the chart displays. Super trend signals a buy, also MACD and KST crossovers confirm trend direction. XBI is a somewhat volatile bio-tech ETF. This ETF is also great for selling options on when volatility is high, as the premium you receive is often much higher than employing the strategy on SPY. Here are the most current Top 10 holdings: 1 CYTK Cytokinetics, Incorporated 2.79% 2,308,666 2 KRTX Karuna Therapeutics, Inc. 1.80% 383,056 3 ARWR Arrowhead Pharmaceuticals, Inc. 1.61% 3,201,386 4 BHVN Biohaven Pharmaceutical Holding Company Ltd. 1.57% 2,381,294 5 SRPT Sarepta Therapeutics, Inc. 1.56% 904,544 6 ACAD ACADIA Pharmaceuticals Inc. 1.53% 3,752,269 7 ARDX Ardelyx, Inc. 1.49% 12,061,271 8 VRTX Vertex Pharmaceuticals Incorporated 1.46% 224,792 9 MRNA Moderna, Inc. 1.46% 980,210 10 KRYS Krystal Biotech, Inc. 1.41% 736,663
AMEX:XBI
by DontSlamTheDoor
1
Long BRFSBRF S.A. (NYSE: BRFS), a prominent company in the food production sector , has shown some interesting developments and financial activities recently. Here's a summary of what's going on with BRF S.A.: 1. Stock Performance and Financials: As of January 19, 2024, BRF SA's stock closed at 2.65 USD, which is 14.10% below its 52-week high of 3.09 USD, set on November 29, 2023. The 52-week range of the stock has been between 1.06 USD and 3.09 USD. The company's market capitalization stands at 4.44 billion USD 2. Recent Stock Movements: The company has experienced some fluctuations in its stock price. For instance, on January 17, 2024, the stock price moved over -2.29% to 2.56 USD, and on January 19, 2024, it rose above the 15-day moving average to 2.63 USD 3. Earnings and Revenue: In one of its recent financial reports, BRF S.A. reported GAAP EPS (Earnings Per Share) of -R$1.58 with a revenue of R$12.04B. However, specific details about the latest quarter's earnings weren't available in the sources reviewed 4. Analyst Perspectives: There have been mixed opinions from analysts regarding BRF S.A.'s stock. Some have pointed out the company's significant potential in the food sector, while others have shown concerns related to market volatility and other challenges. 5. Industry Trends: BRF S.A. operates in a dynamic sector where factors like consumer demand, global meat market trends, and food industry developments play a crucial role in shaping the company's performance.
NYSE:BRFSLong
by olimchik
Growth and High Short-FloatKey Positive Aspects and Company Growth 1. Stable Dividends: SL Green Realty Corp, the largest owner of office real estate in Manhattan, continues to pay monthly dividends, which is a positive signal for investors. 2. Strong Market Position: The company maintains a leading position in the Manhattan real estate market, as confirmed by the latest financial reports that exceeded analysts' expectations. 3. Active Development: SL Green is actively involved in development and investment projects, contributing to the strengthening of its portfolio and growth potential. Risks and Cautions 1. High Short-Float: An important factor is the high level of short float (over 20%), which may indicate a significant number of investors expecting a drop in stock price. This can lead to increased volatility and potential risks for long-term investors. 2. Market Volatility: Like any real estate market stocks, SL Green's stocks are subject to market volatility and may be sensitive to economic changes. 3. Mixed Analytical Ratings: Some analysts express caution regarding investing in SL Green, which requires additional analysis and assessment by investors.
NYSE:SLGLong
by olimchik
Investment Perspective: Customers Bancorp - Time to BuyInvestment Perspective: Customers Bancorp (NYSE:CUBI) - Time to Buy Customers Bancorp (NYSE:CUBI), a bank based in West Reading, Pennsylvania, shows promising signs that make it an attractive candidate for investment. Based on data from the third quarter of 2023 and recent news, there are several key aspects that make CUBI interesting for investors: 1. Improvement in Financial Indicators: In the third quarter of 2023, the company reported a net income of $83 million, which amounts to $2.58 per share. This was accompanied by an increase in net interest margin to 3.7% and a growth in deposits by $244.9 million. 2. Positive Dynamics in the Sector: Customers Bancorp demonstrated an increase in net interest income to $200 million, a result of the impact of the variable rate both in the loan portfolio and in the securities portfolio. This distinguishes it from many other regional banks, where the "bottom" is expected to be reached only in the next quarter or in the first quarter of 2024. 3. Stability and Security: In terms of insured deposits relative to total deposits, Customers Bancorp is in the top quartile with a ratio of 78%. Additionally, the bank ranks second among its peers in terms of available liquidity to unsecured deposits, which is 239%. 4. Capital and Risk Management: The third quarter of 2023 saw a significant improvement in capital indicators compared to the previous quarter. In particular, the CET1 ratio improved by 100 basis points, and its further increase to 11.50% is planned in subsequent quarters. 5. Strategic Initiatives: The bank employs advanced approaches in managing its portfolio and attracting deposits, making it a unique hybrid bank. This highlights their ability to adapt and evolve in accordance with changing market conditions. Of course, as with any investment, there are risks. For example, the situation with CUBI and cryptocurrencies, despite assurances from management about the absence of direct risk, requires careful consideration. It is also necessary to consider that CUBI has not yet been tested in crisis conditions.
NYSE:CUBILong
by olimchik
USD/JPY Economic InsightsHello traders, Just a quick insight on the Yen pair. The USD/JPY pair has breached the 146.00 level, driven by the strengthening US dollar. AT the moment, investor attention is focused on the imminent release of the New York Empire State Manufacturing Business Conditions Index. It is important to note that there is an uptick in Japan's Producer Price Index (PPI) data. We are expecting the following data to be released today: 1. Release of the New York Empire State Manufacturing Business Conditions Index. 2. Producer Price Index in Japan exhibits a 0.3% increase. However, the prevailing market conditions suggest a preference for initiating a short-term buy position, which is in line with my Wlliott wave outlook on the pair (), but I prefer to watch. Cheers and happy Trading!
Long
by Samuel124
Sell USDJPY Triangle PatternUSD/JPY M30 Triangle Breakout Signals Potential Downtrend A bearish triangle pattern has emerged on the USD/JPY pair's M30 chart, hinting at a potential breakdown and further downward movement. Key Points: Pattern: The pair has been consolidating within a triangle formation, characterized by converging support and resistance lines. This often indicates a period of indecision before a decisive move. Sell Entry: A break below the lower support line of the triangle, around 148.10, could signal a bearish breakout and offer a potential sell entry. Targets: Potential bearish targets are located at the support levels of 147.16 and 146.60. Stop Loss: A stop loss can be placed above the upper resistance line of the triangle, around 148.50, to manage risk. Additional Considerations: Market Sentiment: The overall market sentiment and fundamental factors influencing both the USD and JPY will also impact the pair's price action. Economic Data: Keep an eye on upcoming economic data releases from both the US and Japan, as they could influence the currencies' relative strength. Risk Management: Employ proper risk management strategies, including appropriate trade sizing and stop-loss orders, to protect your capital. Fundamental Factors : 1. Mixed US Housing Data Dampens USD Strength: Earlier on Friday, mixed US housing data, including weaker-than-expected housing starts but a surprising rise in building permits, cast doubt on the strength of the US economy and capped gains for the dollar. This could put downward pressure on USD/JPY. 2. Weak Japanese Machinery Orders Add to Downside Risks: Japan's core machinery orders, a key indicator of future capital spending, unexpectedly declined in November, raising concerns about the health of the Japanese economy. This could lead to increased safe-haven demand for the Japanese yen, weakening USD/JPY further. 3. Rising Global Risk Aversion Favors JPY: Heightened geopolitical tensions and ongoing recession fears in some economies are prompting investors to seek safe-haven currencies like the yen. This could contribute to a decline in USD/JPY. Thank you
Short
by KABHI_TA_TRADING
8
w1 Demand zone | GBPJPY Short-term pull back (risky)GBPJPY is at demand zone(nested daily in weekly demand zone) there is a possibility for a short-term pull back, since GBPJPY is at extreme holding long is risky. upon confirmation on the demand zone the possible target is 185.805 - 185.038 supply zone. W1 and w2 zone are the two demand zone in control. W1 and w2 zone are the last two imbalances remaining for a potential long term sell if eliminated since GBPJPY is at extreme.
Long
by ExtraOrdy
Buy AUDJPY Channel BreakoutBoJ not changing policy, intensified interest rate differential game: Comments from the country's monetary authorities suggest a new wave of pressure on the yen after three months of easing or ‘recharging’. With the Bank of Japan not changing policy, the yen is potentially under pressure from an intensified interest rate differential game. And this game promises to be more aggressive now than a year ago, as yield spreads between Japan and the US have widened for both short and long-term yields. The current higher interest rate environment is an opportunity for Japan to competitively devalue its currency to support national exporters, which it failed to do in the last decade in the era of zero interest rates. Price breaks the channel now, its good chance to buy now. Thank you
Long
by KABHI_TA_TRADING
6
ELLIOTT WAVE Forecast: Euro and Pound Under PressureHello Traders, From my previous short call on GBPUSD on the 13th of December (), I noted some economic indices that favours US dollar over GBP. The analysis is unfolding pretty well. The British pound (GBP) continues to face strong pressure from the U.S. dollar, causing it to lose its position after the impulsive breakout of the ending diagonal at 1.27035. This was expected, but we haven't reached the predicted target yet. With the Euro (euro) also expected to decline, it's unlikely the pound will recover. Looking at the currency pair, it seems the pound is about to drop more. This is due to a complex correction in the market trend. So, it's a good idea to stick with selling the pound (GBP). If the price drops below 1.2610 and stays there, I will consider selling more towards the final leg wave (Y). I will keep selling GBPUSD at 1.2610, and if the price goes below, I will sell more. My stop loss is set at 1.2635 and I aim to take profit at 1.2470 or lower. I will keep an eye on the market for any changes. Cheers and happy trading.
Short
by Samuel124
AUDCHF: Safe-Heaven Time After last week's joint military actions by the USA and UK against Houthi Rebels in the Red Sea, markets are exercising heightened caution amidst the potential for new conflicts to emerge. In such uncertain scenarios, safe-haven currencies like the Swiss Franc stand to benefit. Another pivotal factor supporting this notion is the recent elections in Taiwan, where the USA-backed candidate emerged victorious, indicating that the island may seek support from Washington against China's territorial claims, as hinted by President Xi in his New Year speech. Adding to the rationale is China's slower-than-expected recovery, underscored by last week's discouraging economic data on inflation. This suggests that the world's second-largest economy continues to grapple with challenges in its recovery process. From a technical analysis perspective: Entry is positioned at the previous support, now functioning as resistance. Stop Loss is set at 1 ATR (Average True Range) above the entry point. Take Profit is targeted at the next support level, maintaining a 1:2 Risk-Reward ratio. Stay tuned for more trades and analyses like this, and feel free to share your opinions in the comments below! 📈🤔
Short
by Elite_Forex
LOCKHEED MARTIN CORP - LONG THEN BIG SHORTIn examining the technical analysis (TA) of Lockheed Martin Corp's stock chart, we observe discernible indications of a potential trend reversal. Notably, multiple Bearish daily Fair Value Gaps (FVGs) are present, accompanied by a Bearish Order Block (OB) situated just beneath the preceding major peak of $508.10, as delineated in the accompanying chart by blue boxes. From a fundamental analysis perspective, information from reliable sources indicates imminent challenges within a specific segment of the company's operations. These challenges, poised to become public knowledge shortly, could substantially impact Lockheed Martin's growth trajectory if not adeptly managed. The root of these challenges can be traced back to 'a program', which is on the brink of exposure due to impending government intervention. Should the company persist in a non-transparent approach to these issues, we anticipate a marked increase in bearish market sentiment favoring selling, potentially depressing the stock's value significantly below its support level at $393.77. Conversely, if Lockheed Martin's management adeptly capitalizes on the significant commercial and public relations opportunities—particularly concerning the mass production of a groundbreaking, revolutionary product—we foresee a robust market sentiment driving the stock well beyond its all-time high of $508.10. One of the new opportunities could emerge from diversifying Lockheed Martin Corp's business model, potentially exploring manufacturing sectors beyond their traditional scope, or through strategic collaborations with a company (example: 'Tesla') known for their innovation and lateral thinking, thus broadening the range of their market engagement. Currently, it is imperative for investors, including myself, to encourage Lockheed Martin to engage proactively with governmental entities and the broader community. Such engagement could pave the way for a brighter communal future, concurrently augmenting the intrinsic value of the company. Assuming the mass production of this innovative product materializes, it could potentially double the company's value in a relatively short timeframe. This projection might appear ambitious, but the potential is undeniable once fully comprehended. However, failure to seize this opportunity could precipitate considerable selling pressure, potentially triggering a significant market correction over time, with the potential to reach a critical support level of $119.95.
NYSE:LMTShort
by Market-Pip-Factory
3
Understanding Initial Jobless Claims as a Market IndicatorIntroduction In the complex and multifaceted world of economic indicators, initial jobless claims hold a special place. As a measure of the number of individuals filing for unemployment benefits for the first time, this statistic offers a real-time glimpse into the health of the labor market, which in turn is a vital component of the overall economic landscape. This article delves into how initial jobless claims function as an indicator and their impact on the financial markets. Understanding Initial Jobless Claims Initial jobless claims refer to claims filed by individuals seeking to receive unemployment benefits after losing their job. These are reported weekly by the U.S. Department of Labor, providing a timely snapshot of labor market conditions. A lower number of claims typically signifies a strong job market, suggesting that fewer people are losing their jobs. Conversely, an increase in claims can indicate a weakening labor market, often a precursor to broader economic downturns. Initial Jobless Claims as an Economic Indicator Health of the Labor Market: The primary significance of initial jobless claims is its reflection of the labor market's health. A steady, low number of claims often correlates with job growth and declining unemployment rates, indicating a robust economy. Leading Indicator for the Economy: As a leading economic indicator, jobless claims can provide early signals about the direction of the economy. Spikes in claims can forewarn of economic contraction, while consistent decreases might indicate economic expansion. Consumer Spending: Since employment directly affects consumer income, initial jobless claims can also indirectly signal changes in consumer spending, a major driver of economic growth. Impact on Financial Markets Market Sentiment: Traders and investors closely watch initial jobless claims to gauge market sentiment. Fluctuations in these numbers can lead to immediate reactions in the stock, bond, and forex markets. Monetary Policy Implications: Central banks, like the Federal Reserve, consider labor market conditions when setting monetary policy. Rising jobless claims can lead to a more dovish policy stance (like lowering interest rates), while decreasing claims might justify tightening policies. Sector-Specific Implications: Certain sectors are more sensitive to changes in jobless claims. For instance, a rise in claims can negatively impact consumer discretionary stocks but might be favorable for defensive sectors like utilities or healthcare. Analyzing the Data Understanding initial jobless claims requires context. Seasonal factors, temporary layoffs, and unique economic events (like a pandemic) can skew data. Analysts often look at the four-week moving average to smooth out weekly volatilities for a clearer trend. Conclusion In conclusion, initial jobless claims serve as a crucial barometer for the economy and financial markets. Investors, policy makers, and economists alike monitor these figures for insights into labor market trends and the broader economic picture. As with any indicator, it's essential to consider jobless claims in conjunction with other data to fully understand the economic landscape.
ECONOMICS:USIJCEducation
by AlgoAlpha
Apollo Hospitals - Management Quality and Economic MoatNSE:APOLLOHOSP Apollo Hospitals Enterprise Ltd, a prominent healthcare service provider in India, has shown significant management quality and a strong economic moat. Management Quality: Strategic Growth and Diversification: Apollo Hospitals has focused on expanding its services, including elective surgeries and diagnostics. This diversification and expansion into various healthcare segments highlight effective strategic planning. Financial Performance: The company has demonstrated robust financial growth over the years. Notably, there has been a substantial increase in net sales, EBITDA, and PAT (Profit After Tax), indicating a healthy financial status. This growth trajectory reflects strong operational capabilities and a successful business model. Operational Efficiency: The efficient operation of Apollo Hospitals is evident from the significant YoY growth in its Hospital segment and the Pharmacy business. The company has also entered into a 10-year commercial agreement with Amazon India, which is a strategic move to enhance its reach and operational efficiency. Economic Moat: Market Position and Brand Recognition: Apollo Hospitals is well-recognized in the healthcare industry, which contributes to its competitive advantage and customer loyalty. Integrated Business Model: The company's integrated business model, covering a wide range of services from primary to tertiary health requirements, strengthens its position in the healthcare sector. Operational Network: Apollo Hospitals' extensive operational network fuels its business growth, enabling it to serve a broad customer base effectively. Strengths and Weaknesses: Strengths: Strong operational performance and network. Growth initiatives that indicate potential for future expansion and development. Weaknesses: A noted decrease in working capital, which could impact business growth. Challenges such as the dearth of healthcare professionals and stringent industry regulations. In summary, Apollo Hospitals Enterprise Ltd exhibits strong management quality, marked by effective strategic planning, robust financial performance, and efficient operations. The company's economic moat is underpinned by its market position, integrated business model, and extensive operational network. While there are strengths in its operational performance and growth initiatives, the company must address issues related to working capital and navigate the challenges posed by regulatory environments and workforce management
NSE:APOLLOHOSPLong
by amitlall_79
Gold Trade ChannelFor the last weeks, Gold has been closely trading in between the diagonal support and resistance. The question now is: Where is it going next? We can expect a good Risk to Reward in both directions. I will wait for a break in a certain direction and wait for the retest afterward. More likely after the Higher inflation data and tensions in the Red Sea with the Hauthi rebels spike up is expected. However, the dollar was showing resistance with the better-than-expected economic data last two weeks so consolidation is also on the table. What is your idea or view? Comment below and lets make a nice and positive discussion.
OANDA:XAUUSD
by Elite_Forex
(NSE:OCCL )Oriental Carbon on move up Market Share: # OCCL is the sole manufacturer of Insoluble Sulphur (IS) in the domestic market. Majority of demand for insoluble sulphur is derived from the automotive tyres industry. It enjoy a domestic market share of nearly 55%-60% and around 10% market share in the global market. OCCL has established itself as a preferred first/second supplier to all major tyre manufacturers in global markets Capacity as of FY20: # IS plant spread across 2 units (Dharuhera & SEZ Mundra) of 34,000 metric tonnes per annum. Upcoming Capex # Capacity expansion underway to expand the Insoluble Sulphur capacity by 11,000 MTPA & Sulphuric acid capacity by 42,000 MTPA, spread across two phases at its Dharuhera facility. Total project will cost 216 Cr, funded with a debt equity ratio of 2:1. Phase-I of IS capacity expansion by 5500 MTPA along with Sulphuric acid capacity at an outlay of 156 Cr is underway. Commissioning for the project has been pushed to July2021 from Q3FY21 as envisaged earlier for phase-1. reference: Screener.in
OLong
by Peaceful-Weekend-Investing