TW: Looking ForwardFundamentals:
Tradeweb's industry strength is good. Both its sales and earnings are accelerating, and both are estimated to continue this way until the end of 2024, and both are above 20%. I checked the funds; they are piling in.
Technicals:
It is now forming a weekly flat base at the all-time-high of 2022. Earnings are due out next week. If earnings are accelerating and sales too; and forward-looking earnings will grow more y/y this quarter, and the chart is stabilizing. we can guess the result next week.
Entry market order around 100. Stop below 85. Target is 200. Estimated time to reach target is September 2024.
Weekly Volume can be seen decreasing as the price drops:
TW trade ideas
TradeWebMarkets (TW)..Bonds are Back!After what felt like a lifetime of zero-to-near-zero interest rates, the fixed income markets are finally back on the radar screen offering yields that, albeit still not covering current inflation levels, are nonetheless a relatively reasonable return given the risk-reward trade-off vs equities. Short-term TBills such as 3mth, 6mth, 9mth and 1yr bills all in the 4+% range are certainly better than the zero % that idle cash was earning for the past many years.
TradeWeb (TW) ought to be a beneficiary of the increased activity in the bond space. Recent earnings show impressive growth in volumes and earnings. And with the concerns over equities growing in the face of rising recession risks, fears of over-valuations relative to earnings that will likely face pressures due to rising wage and employment costs and growing geopolitical risks, activity in the bond market ought to stay robust in coming quarters.
TW traded down close to 50% from the start of the year until the October 2022 low and has since creeped its way off the lows with the 20dma crossing up thru the 50dma and RSI not currently close to overbought.
With yearend activity often the victim of lighter volumes and, in turn, more volatility, plus the usual suspects of 'black swan' events not too far off center-stage on the radar screen (such as Russia/Ukraine war, EU oil price cap and sanctions, Middle East tensions between Iran and its surrogates and others, China's lockdown, etc), activity in the fixed income space will not lack for reasons to see ongoing volumes of activity.
I currently have no position in TW and find myself considering initiating a 'trade' that might just merit a longer-term hold as an 'investment'. Much will depend on the overall equity market and the corresponding activity in bonds.
Eager to hear thoughts from others. Anyone????
(NOTE: THIS IS NOT ADVICE IN ANYWAY!!! JUST FOOD FOR THOUGHT AND DISCUSSION!!)
12/26/21 TWTradeweb Markets, Inc. ( NASDAQ:TW )
Sector: Technology Services (Internet Software/Services)
Market Capitalization: 23.001B
Current Price: $98.89
Breakout price: $100.00
Buy Zone (Top/Bottom Range): $97.45-$93.35
Price Target: $105.00-$106.70
Estimated Duration to Target: 33-35d
Contract of Interest: $TW 2/18/22 100c
Trade price as of publish date: $3.75/contract
$TW = THE WAY Talk about A TEXT BOOK set up... I'm still cautious on Market but you can't deny the Math. Stage 2 base 42 week set up. Numbers beat the street by 180=% Shrugged off Tech Sell off, Probably the strongest ven diagram intersecting sectors. Muted move through pivot straight column of X's... BLAST's off on Volume. I'm IN you with it? Target Price 9004.
Cup and HandleHandle low is dangerously close to Mid cup level of 59.20.
If the handle low dips below mid cup the pattern is invalidated.
TW has tried without success to break the previous high of 69.06 and has pulled back.
No rising wedges in the yearly chart and NV as well as OBV are high
Not a recommendation
Trade safely (o:
TRADEWEB MARKETS Analysis DailyHello traders, TRADEWEB MARKETS is in a bullish configuration with a high volume of buy executed and a shadow of the top larger than the one below. We notice on the TIMEFRAME 1Min a bullish continuation, Great propability of breakout its zone of equilibrium to go to the next high. If buyers push the price up, we can get to the next resistance and move up to the next one.
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