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Omicron

EURGBP Long Idea EURGBP has been in an uptrend since late November, just about reaching the 0.86 level. Since the retest of 0.86 the price has fallen by 1%, however, it appears to have just formed support around the 0.85 area. The RSI indicator suggests that the price may rise from here as the levels are extremely oversold, (2). The target of this trade is at the recent near high of 0.86. The stop loss area for this trade is located just below the resistance level of 0.848, at 0.8474.
Long
by Orion-Markets
Pound yawns after data dumpThe British pound has had a rather sleepy week, and the lack of activity has continued in Friday trade, as GBP/USD is hovering at the 1.32 line. It has been a light calendar week for the UK, and today's data dump didn't have any effect on the drifting pound. The GDP report for September came in at 4.6% y/y, well short of the consensus of 6.6%. Manufacturing Production for September y/y slowed to 1.3%, shy of the forecast of 1.7%. Investors shrugged off the underperforming data, perhaps because they are more focused on two burning issues, Omicron and the BoE rate decision next week. Omicron has caused some roller-coaster movement in the financial markets. There was a panic in late November, but risk sentiment than rebounded on reports that the variant was less severe than Delta. The World Health Organisation has said that it will have more data on Omicron in a couple of weeks. Although the symptoms appear to be relatively mild, Omicron is up to four times more contagious than Delta, and that has governments worried. The UK has responded by implementing 'Plan B', which includes some health restrictions, such as wearing masks at public venues. Omicron is spreading quickly across the UK, and it's unclear if Plan B will be enough to control the pandemic. The new health restrictions will likely cut into December/January holiday shopping and stoke inflation, as many shops will raise prices. We can expect a downgrade to Q1 2022 growth forecasts, and the wobbly pound will likely face further headwinds in the New Year. The BoE holds its policy meeting next week, and whether the bank will press the rate trigger remains up in the air. The markets have priced in a 40% likelihood of a rate hike, making this a live meeting which could have a strong impact on the struggling British pound. The Omicron crisis has dampened the likelihood of a rate hike, and it was noteworthy that Michael Saunders, a hawkish member of the MPC, has stated that it may be prudent to hold off until we have more data about Omicron. If the markets have learned anything from last month's shocker, when the BoE didn't raise rates, it is not to make any assumptions when it comes to Andrew Bailey & Company. GBP/USD has support at 1.3161 and 1.3091 There is resistance at 1.3336 and 1.3441
by OANDA
2
CVS is a good buyfor risk-takers this for you, CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager and Aetna, a health insurance provider, among many other brands. The company's headquarters is in Woonsocket, Rhode Island. By looking at the company file we got this total assets 12/30/2020 12/30/2019 12/30/2018 12/30/2017 230,7 B 222,4B 196,4B 95,1B Increasing percent from the year before. 3.73% in 2020 13.23 % in 2019 106.51% in 2018 The total debt 85,0B 89,0 B 73,4 B 27,0 B percentage change from the year before -4.49 % in 2020 +21.25 % in 2019 +171.85 % in 20218 --------------------------------------------- Debt percentage from assets 36.86% 40.01% 37.37% 28.39% Net Income 7,57B 7,18 B 6,63 B -0.594 B 6,62 B EBIT 12,64 B 12,67 B 12,03 B 4,02 B 9,33 B Free cash flow 15,19 B 13,43 B 10,39 B 6,83 B 6,09 B Return on Investment 5YA 4.12% for the company 6.44 for the sector Return on Assets 5YA 3.06% for the company 5.83 for the sector 5 Year EPS Growth 5YA 3.33% for the company 16.84 for the sector 5 Year Sales Growth 5YA 11.88% for the company 12.01 for the sector Dividend Yield ANN 2.15% for the company 1.37 for the sector Final view After reviewing the company file, we express our opinion as the assets are continuously increasing so the net income, free cash flow which is a good sign by looking at the 5-year ratios we see the company is growing The dividend ratio is perfect for the shareholders who own the shares for long-term investment. the total debt is fine we can see it increasing but in the long run, I believe It will not be a problem for the company. the company performance Improved with the spread of the pandemic, still, I think the pandemic will increase in the coming period as we see omicron news. CVS is a good buy now
NYSE:CVSLong
by youssefallax
Is Intel Headed for a Bull Market ? (TL;DR @ end)For the past 5 years, NASDAQ:INTC has been through quite the 'ride' of market price. For a good portion of their existence - they ran the multi-core CPU world almost entirely unchallenged. As of about 3 years ago, Advanced Micro Devices ( NASDAQ:AMD ) suddenly emerged from the mist with cheaper, greater performing chips that were idolised by the gaming and high-performance workstation community. While this was happening, Intel was far more interested in the large scale server industry, supplying various high capacity servers to various institutions such as universities and state owned research facilities. The public eye began to look down on Intel. AMD had come up neck and neck with Intel in performance and price yet Intel didn't exactly make their 'best efforts' to get ahead. Inevitably AMD surpassed them and Intel's market price fell. Although, recently, new developments have come out of Intel (possibly consequent to the COVID pandemic). Last week, they announced the IPO of their daughter company, Mobileye. The IPO is planned for the middle of next year but this drove the stock price up slightly. Furthermore, their biggest rival, AMD has been falling behind both in the graphics card and CPU markets. The release of the 12th generation Alder Lake chips from Intel and the (stated) high performance (supposedly far better than available AMD chips) have also driven the price further up. Intel also recently stated that they have adjusted their budget for development in desktop and laptop chips which should in theory result in the further production of even better products, even sooner. So with an optimistic outlook on the company, the value should begin to increase and soon. If you're lucky enough to put money in now and results turn out as expected, COVID restrictions may just settle (due to Omicron not being as much of a threat) and the shortage of hardware across the industry may very well give the price that added 'leg-up'. For investors and traders, all I would suggest is keeping your eyes peeled and thinking about the possibilities of this market dominated by only 2 companies. As usual, other opinions, facts and news are definitely welcome, so comment away! TL;DR: Intel has been potentially pulling themselves up through these 3rd and 4th quarters. The release of 12th gen chips and the announcement of the IPO for Mobileye could all lead up to a hefty price climb. Conveniently AMD (biggest competitor) is also having a tough time and to add to this 'stroke of good luck', if COVID restrictions are eased due to the lack of intensity of the omicron, the price could climb higher.
NASDAQ:INTC
by Michael_Axio
Airbnb (ABNB) Christmas sales!The 2021 Christmas sales continue ... Fear of the new Omicron variant, inflation, tapering ... it seems that everything goes against the Christmas rally in this troubled 2021. What is the reaction of a rational and cold investor? The answer is one and only one, buy, as far as I'm concerned. I take for example Airbnb (ABNB), a company on which, whoever follows me knows, I believe blindly. I added stocks when the price hit the $ 166 level on December 1, significantly increasing the percentage in my portfolio. Should the price continue to fall, I will accumulate again at 149.50, POC from the price of a year ago. The mindset is always the same, to buy on important volumetric levels when the market "offers" discounts. The time horizon is obviously important, my analyzes are always aimed at analyzing the merchant in the medium-long or very long term. In this specific case, very long term, because I want to stay in Airbnb for a long time. For those who are looking for a target in the short, medium term, the targets are the following: - 175.50 first take profit - 185 important volumetric level where sellers have taken over recently - 210 close to the November highs In the hope that the Omicron variant will not prove aggressive and that the vaccines continue to work, for my part I wish you a happy Sunday and we hope that the market gives us a small rally ... Happy trading Lazy Bull DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
NASDAQ:ABNBLong
by LazyBull5
BTC on sale? Buy opportunity o just OMICRON still pushing down? Today I woke up to find out that BTC was going down again. Since late November, we haven't seen a clear bullish trend. A lot of factors are related to this from my point of view. OMICRON, Black Friday, J. Powell... etc. It makes me wonder, WHAT IS GOING ON? maybe it is just another chance to buy the deep. It keeps fighting hard around the 50% FIB and the price is touching the 128 MA wish is a historically strong support level. Let's see what's going to happen. I believe the bullish trend is still there, only we saw a few uncanny weeks with some bearish fundamentals, but our levels of support are still there, firm as always!
BITSTAMP:BTCUSD
by TradersJournal
Stocks Waiting for NFP DataStocks have attempted a meager rally, as news of the Omicron strain and Fed tightening seems to have been digested by the markets. We do have non farm payrolls data coming in at 8:30 AM EST, which is one of the biggest trading data points, so stocks are likely to hold off in anticipation of the results. This is a particularly meaningful reading, as investors look for a barometer on the faltering economy. We are seeing resistance from 4580, as this is a particulary auspicious level. We have a vacuum zone above this back to 4632. From below, we should see support from several levels below. Lows at 4504 should be considered a min lower bound for now. The Kovach OBV is very bearish, despite a rally attempt by the S&P 500, but we will need to wait for US jobs data this morning before it decides a direction.
FX:SPX500
by quantguy
1
BTC being pulled down by WallStreetWith the news from Africa about the new COVID variant Wall Street has been selling off. CBOE:VIX is on the rise and both CME_MINI:NQ1! and CME_MINI:ES1! have been tanking. You can clearly see the strong correlation between the CME_MINI:NQ1! and BINANCE:BTCUSDT over the long term although they have their divergences. When we look at the lower timeframe BTC and NASDAQ don't always move together but right now the correlation is strong and undeniable.
by JoshuaDanford
Omicron Weighs on Global StocksWe cautioned readers yesterday to exercise caution with stocks and this advice was warranted, as stocks have dipped further into negative territory. Global stocks have pushed lower with news of the first case of the Omicron strain of the Coronavirus was confirmed in the United States. We have broken through what appeared to be strong support at 4580, then 4564, taking out several levels below, and finally finding support at 4504, confirmed by a green triangle on the KRI. All of these levels we have discussed in the past, and we gave comments to yesterday's report keeping readers updated. The Kovach OBV is quite bearish, but we are currently seeing another meager attempt at a rally, which is currently facing resistance confirmed by a red triangle on the KRI at 4545, another one of our levels. From here it depends on how the markets will interpret this news further. A rally will have to break 4580 and cross the vacuum zone above for stocks to attempt a recovery. Further fallout could break 4504 and test the 4400's, with 4487 and 4462 being the next targets. We still advise caution in buying this dip as the fallout may persist, or we may see at least some volatility as markets jostle for footing.
FX:SPX500Short
by quantguy
1
Omicron vs. Darth Powell. Who Can Trash Stocks Quicker?We may be at the start of a market panic. ---Start Scene Part 1--- Omicron has arrived to meet "nontransitory inflation" in a romantic Italian restaurant for dinner. Darth Powell has also arrived to slay the beast of inflation. The ensuing scene might represent a scene from Tarantino's Kill Bill movie. ---CUT Scene Part 1--- In any case, I sold all my holdings on Monday, 3 hours after the market open. Why am I out? 1. It has been a great year, and the advantage of being an individual investor is that you can liquidate everything to seal in a double-digit win, and sleep better at night. You do not need to report to investors. 2. There is more short to medium-term downside than upside right now in the market. 3. Sure profits are good, but the economics of inflation, supply chain constraints, and ongoing pandemic will impact at some point. For anyone using my Crash Detector Script or my MOSES System, beware, it is incredibly tough to spot knee-jerk panic in the market. Those systems are designed to detect the biggest systemic crashes. This is not a systemic crash, this could, however, be a ten percenter or more from these levels. Notes on the Chart KST Negative Divergence. RSI Turning Negative ADR Advance-Decline Very Low. I am not suggesting you sell. I don't give advice. I am simply telling you what I am doing, and my thought process. The psychology of trading. I am out for now, what does that mean? I can sleep better at night knowing my 25%+ gains for my entire portfolio are safe. When one is out one cheers the downside. Choose Your Ending ---End Scene Part 2 - The Happy Ending--- The Fist of Fauci arrives with Captain Moderna and Brigadier Biontech to finally slaughter Omicron. Inflation is put to sleep by Powell's lightsaber. We all live happily ever after... until the next superhero movie crisis. ---CUT Scene Part 2--- ---End Scene Part 3 - The Bad Ending--- It's a trap, Omicron and inflation have devised a dastardly plot to remain with us long enough to cripple our continuous growth. Humans and the free market will prevail, but at what cost? A 10 to 15% drop into spring and summer? ---CUT Scene Part 3--- If you like - then hit like :) Barry
Editors' picks
NASDAQ:NDXShort
by liberatedstocktrader
21
How to Trade Stocks as Omicron WeighsCoronavirus fears continue to weigh on stocks. In particular, the Moderna CEO predicts less effective vaccines for the Omicron variant, and this has sent stocks back to lows despite an attempt at a rally, yesterday. We made it as high as 4668, which we have identified as a new technical level, before falling back to lows, which appear to be holding for now, perhaps by a thread. A green triangle on the KRI does appear to be suggesting we are finding support here at 4580, but are not really seeing much of a bounce. If current levels don't hold, we could see support at 4564, 4545, or 4504. Watch for stocks to make another bounce and perhaps form a bear wedge with a lower bound at 4580 before cracking it. If we do catch a bid, then 4632 and 4649 need to be broken before we can consider higher levels again.
FX:SPX500
by quantguy
1
Euro slips back below 1.13The euro is in negative territory on Monday, giving up some of Friday's huge gains. In the North American session, EUR/USD is trading at 1.1268, down 0.36% on the day. Uncertainty led to panic in the financial markets last week, as the Omicron variant of Covid-19 was detected outside of South Africa, leading to fears that the variant could cause a massive spike in Covid cases. This led to the US dollar losing ground on Friday to the traditional safe-havens, the Swiss franc and the Japanese yen. The euro also posted impressive gains, climbing 0.90%, its best one-day gain in 2021. Despite Friday's strong performance, the outlook for the euro remains bearish. Let's not forget that the EUR/USD has fallen 2.50% in November and has not had a winning month since July. The currency will likely struggle to make progress above the 1.13 line, barring a collapse in US Treasury yields. Even without the headache of the spread of Omicron, Europe was in the midst of a fourth wave of Covid, and the massive spike in cases in Germany and elsewhere could derail the EU's tenuous recovery. Things were looking rosy until now, with the EU forecasting a strong 5% growth rate for 2021, but that projection is in jeopardy as lockdowns are looking more likely around the normally busy Christmas shopping season. The Omicron variant has made a splash for only a few days, but already a Fed President has weighed in on this latest Covid development. On Friday, Atlanta Federal Reserve President Raphael Bostic said he remained open to accelerating the pace of the Fed's bond taper as well as one or two rate hikes in 2022. Bostic noted that previous variants had caused less economic damage than the delta variant and remained hopeful that the US economy would carry through the next wave of Covid. EUR/USD has support at 1.1229. This is followed by support at 1.1135 There is resistance at 1.1373 and 1.1423
by OANDA
1
Omicron Variant Weighs on StocksStocks plummeted off of renewed coronavirus panic over the Omicron variant, with 23 different spike proteins. It is currently evading all vaccines, and poses 'very high global risks' as per the WHO. This new boogeyman has permeated through the markets and we are likely to see lower levels in stocks until the risk has been priced in. Today is the Monday after the US holiday, so the markets are likely to jostle for direction over this issue. We smashed through the 4600 handle, finally finding support at 4580, where a green triangle on the KRI confirmed the support. Currently, we are testing 4632, and 4649, but the Kovach OBV is still very bearish, so it would be fomo to pile into a long trade at this point. We should see continued support from 4580, but if this does not hold, we have a cluster of levels below to provide further support down to 4545. The next target will be 4693 if we catch a bid, but we have to break 4649 first.
FX:SPX500
by quantguy
2
WTI Falls 13% In A Day; The Battle For The Price Of Oil ContinueThe price of oil dropped 13% on Friday (26/11/21), marking the commodities worst single day in 2021. A drop in oil prices this large was last seen in January/February 2020, when WTI was making its way down to unprecedented negative per barrel territory. No one expects oil to veer this low again, but the comparison to 2020 is apt, with Coronavirus responsible for the commodity’s downfall on both occasions. New Coronavirus variant discovered in South Africa An effort to lower the price of oil had begun before the new Coronavirus strain, named the Omicron variant, appeared. Led by the US, a strategic release of Oil reserves was being enacted or considered by members of the International Energy Alliance (IEA) in an attempt to lower the price of oil, which they saw as hampering their respective economic recoveries. It has been claimed that the strategic release would have little effect on the oil price, as the quantity to be released is half of the world’s daily consumption. Yet, oil has fallen from its 2021 highs of US ~$85 per barrel since the announcement. In response, OPEC+ was said to be reconsidering its plan output increase to counter the strategic reserve release by the US and its IEA allies. The OPEC+ rumours helped plug some of the losses oil was experiencing, but not enough to stop consistent weekly losses in the commodity’s price. By Friday, oil had rung up five weeks of straight price decreases. Is the Omicron threat overshooting the fair price of oil? The Omicron variant is possibly the worst coronavirus variant known, as reported by the BBC. However, uncertainty exists as to how vaccine resistant, virulent, and deadly the strain is compared to its predecessors. As such, countries quickly moved to restrict travel from South Africa, reminiscent of January/February 2020, when international travel came to a screeching halt, and the price of oil fell from US $63 per barrel to sub-zero. Countries that have placed travel restrictions on South Africa (and other African nations) include the US, the UK, and Germany. As of writing, WTI is trading at US $68.16 per barrel, as mentioned above, 13% lower than Thursday’s price. Two questions come to mind: Has the market reacted too severely to the threat posed by Omicron? Can the strategic release of oil by IEA nations now be halted or pared back? Regarding the former, Goldman notes that Omicron should have only warranted a ~6.5% drop in the price of oil and that the commodity should quickly recoup some of Friday’s dip. Regarding the latter, it might not be too late to turn this tap off. IEA nations have pledged to release as much as 80 million barrels of oil, with 50 million of these barrels coming from the US. However, a genuine commitment from IEA members has yet to be agreed upon, with discussions still underway as of Friday.
TVC:USOIL
by BlackBull_Markets
Omicron fear?A thanksgiving not exactly calm, that of 2021, ruined by a really black Friday on the financial markets. Omicron, the name of the new variant, is frightening. We know that markets are driven by two main feelings, fear and euphoria. A nd it is my, our job, as traders, to stay away from both of these feelings, which do nothing but make us lose money and do the exact opposite of what should be done. Those who know me know that I am absolutely a realistic person, I try to analyze the situation, without ever panicking at the moment, so I brilliantly overcome the coronavirus crisis, buying when everyone was selling and enduring even important drawdowns, only to be repaid. Now, I’m certainly not saying that we are dealing with another V shape from -30% as in 2020, also because, those who have a bit of intelligence know that, given that we are talking about viruses, we will always have in front of us. of mutations, is its nature. We must accept that we will have to live with it, using the weapons that science provides us. Consequently, next week, considering that while I am writing to you news continues to arrive on the appearance of the variant in every European state, it is very likely that fear will continue to prevail, causing further declines, which by the way, as I have been writing for a while of time, they would be healthy. All right but, when to buy? And above all what? The crux of the matter is the tightness of the vaccines to t he Omicron variant. If, as has happened with the variants that have appeared so far, the protection is solid, then we could see a correction that could not go beyond 10-15% creating buying opportunities for a short Christmas rally. If, on the other hand, vaccines should prove ineffective, rest assured that volatility will rise and the correction will be more marked. Never as in these moments, you have to be calm and wait for the news. As for the markets, I believe we will see a sudden rotation in tech stocks, digital payments, and video games. As well as obviously social networks and e-commerce. Beware of pharmaceuticals, because they are already very inflated, except perhaps Moderna, which has just returned from an important pull-bak, and Novavax which is in the pipeline with a new vaccine. Those who follow me know that I am already positioned on companies such as Activision, Visa, Square, Amazon and Facebook (Meta). Accumulations could arrive on these stocks if they suffer a decline caused by a general sell-off. If we talk about accumulation for the long term, it is precisely the companies that work in tourism and which are related to oil, those that could suffer the greatest discounts and consequently the best purchasing opportunities. I’m talking about Airbnb, a company I strongly believe in, where I have an excellent average purchase price, and I will certainly buy more shares. Attention also to airlines such as Delta and American Airlines and obviously attention to ETCs on oil because a significant drop would create further buying opportunities on a commodity that has given me (and I hope you too) 100% earnings in 2021. Possible increases in gold in the medium to long term, both from seasonality and obviously as a safe haven asset, even if during the first appearance of the covid, this was not exactly the case. The resilience of cryptocurrencies should also be verified. Absent extremely volatile, absolutely not to be considered a safe-haven asset, has the undoubted advantage of being decorrelated from the numerous problems that can afflict traditional financial markets. There may also be a quick rotation here which could cause significant rises. I greet you and I wish you a happy Sunday, quoting Warren Buffett because it is the wise men that we must look at in moments of emotion: “Be greedy when others are afraid and be afraid when others are greedy” Happy trading and stay safe. Lazy Bull DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AMEX:SPY
by LazyBull5
7
Wake up! Omicron is hereapparently too many are still wallowing in btc fomo & still believe bitcoin is heading for the 100k!!! The Omicron has an increased viral load, is more infectious. The signs that the current vaccine is not protecting is here. The stock markets might certainly dip briefly, and so might the artificially pumped crypto market! it looks dangerous in the short term. We would have to break through 55k on the daily first for there to be even a remote chance of bitcoin recovering. It's not looking good! The market is getting defensive, Wake up Biden!
BITSTAMP:BTCUSDShort
by Lobotto