• Metadoro
  • Products
  • News and analysis

News and analysis

Check market insights shared by our community members
16.01.2025
Delta Is Taking Off To Update Its Highs

Delta Air Lines stock rose markedly by low double digits in the first ten days of the new year. The U.S. carrier has served more than 200 million customers in 2024, when it was also recognized by J.D. Power, a leading American data analytics and consumer intelligence company, for being No. 1 in First/Business and Premium Economy Passenger Satisfaction. Travelers became more willing to spend extra money for swanky seats when meeting a high level of service. Delta is just positioning itself as the nation's premium airline. And what's more important, its Christmas quarter's earnings reportedly surpassed average analyst pool projections. Driven by stronger travel demand, smart financial management and capacity discipline, Delta business provided last three-months' profit of $1.85 per share vs $1.28 at the same period one year ago, compared to $1.75 in consensus estimates. On January 10, the airline industry leader put its future profit levels within a range between $0.70 and $1 per share in the current quarter through the end of March, while analyst expectations were focused on $0.77 cents, according to data compiled by LSEG. The starting months of each year always perform worse. It is clear that all carriers made losses in the Covid years of 2020-2022, but Delta profits only recovered into a range from $0.25 to $0.45 in the first quarter of 2023 and 2024, respectively, but Q1 profit numbers varied from $0.75 to $0.96 even in the three blessed years before the pandemic. Delta added that it is forecasting annual earnings in excess of $7.35 a share, which would be the highest in its 100-year history, based on its planned revenue growth of 7% to 9% in the March quarter from a year ago. The announcement could be compared to an adjusted profit of $6.16 a share in 2024. The company happily breaks through ticket prices' rising effects, almost undisturbed by a reduction in airline seats in the domestic market, which was peculiar for most carriers. Thus, new expectations created a fertile ground for setting new price records, even though price movements on Delta charts look most convincing among its other American rivals.

By the way, Citigroup analysts freshly updated their outlook on Delta Air Lines shares to raise their price target to $80 from the previous $77, vs the actual range around $65 per share where the stock just came after a reasonable market correction from last week's and all-time highs. Citigroup said it has included factors like higher revenue per available seat mile, projections of slightly lower fuel prices, increased taxation, a minor rise in share count, and the incorporation of fourth-quarter 2024 results into their financial model, which has projected Delta's profit at $7.49 per share in 2024 and $8.72 in 2025. Delta shares are Buy-rated at Citi, and we agree with their positive estimates in general, while keeping in mind even better price goals somewhere between $82.5 and $85.

14.01.2025
Merck Becomes Interesting to Be Added to a Portfolio

Merck & Co (MRK) stocks have shown signs of becoming a compelling buy opportunity. Over the past six months, the stock has been in a downtrend, declining 29.8% to $94.50 per share. However, since mid-November, MRK has demonstrated a reversal of momentum, rebounding by 10.0% to reach $104.87 on December 5. Following a brief pullback and consolidation period, the stock has retested the downtrend resistance and appears poised to continue its upward trajectory.

With prices currently positioned to target $110.00, this represents a potential 9-10% upside from the present levels. Setting a stop-loss at $93.50 aligns with a prudent risk management strategy, providing protection against further downside while allowing for upside potential. The recent consolidation phase further supports the case for a breakout, making this an attractive moment to consider initiating or adding to a position in MRK.

10.01.2025
Dollar Strength Is a Given

The very first slice of statistical data on business activity from the United States this year reaffirmed an almost clear irrelevance and even potential hurtfulness of any immediate steps towards further lowering interest rates on U.S. Dollar-nominated loans from a purely economic point of view. The ISM Manufacturing PMI (Purchasing Managers Index), based on polls compiled from executives in over 400 industrial companies in late December, came out at 49.3 points vs 48.4 a month ago and 48.2 in average analyst estimates. This showed that a slowdown was occurring at a slower or even insignificant pace, keeping inflation risks on the table, especially when the price component increased from 50.3 to 52.5 with a similar rate of increase in new orders. Meanwhile, non-manufacturing PMI came out at 54.1 on Tuesday, compared to 53.5 in analyst polls and 52.1 a month ago, with a contribution of business activity components even jumped to a surprising 58.2 against declining from 57.2 in November to only 53.7 in December.

In other words, the economy is not cooling, and is rather in a positive acceleration, which in turn may lead to a recovery in wage rises and therefore to higher demand pressure, which may be reflected soon in higher producer purchase and output prices. Doubts of the major U.S. financial regulator are understandable at this point after its triple rate cut from 5.5% to 4.5% in 2024. The Federal Reserve (Fed) will now pay closer attention not only to consumer inflation measures, but also to producer prices (PPI), which is just going to be released on coming Tuesday, January 14. And so, this will become the next reference point in the further U.S. Dollar’s trajectory. The Greenback index (DX) is picking up steam since reaching a new record high for the last two years at 109.35, with its temporary pullbacks being limited by a 107.50 support area that previously served as a strong multi-month technical resistance.

In this context, the British Pound (GBPUSD) updated its lows since November 2023 to touch 1.2237 on January 9, EURUSD feels quite comfortable within a range between 1.02 and 1.0450, which corresponds to its 2-year bottom, and having a bias towards a possible further decline. The Aussie (AUDUSD) is one-step away from taking the path for a breakthrough to a quite unknown territory of its 5-year lows that were last time recorded when the initial outbreak of the Covid-19 happened.

A varying extent of the American Dollar strength is surely data dependent as the market community is eagerly waiting for the U.S. job data later today. The average expectations on new Nonfarm Payrolls is just a bit above 150,000 vs 227,000 in early December 2024 and nearly 160,000 for the previous four months on average. However, any value close to 150,000, plus or minus 20,000, or any higher number, may be considered as another positive sign for the Greenback, following the ADP national employment report which contained only 122,000 on Wednesday. The oppressive nature of average hourly wage in its dynamics, +0.4% each time from September to December, also matters.

The protective quality of investing more funds into the U.S. Dollar and U.S. bonds against tariff threats is switched on anyway, based on more than a 95% chance for the Fed to keep rates on pause at its January 29 meeting, according to CME's FedWatch tool. Federal Reserve officials never go against a well-established market consensus, when it is almost unanimous, for not to rock the boat of relative market trend stability. The central bankers' reluctance to shift the Fed fund rates lower before mid-March, if not early May, continues to play in favour of short-term speculative transactions on the foreign exchange market, bearing in mind all the listed currency instruments. Some intraday volatility may take place, especially in the case of appearing an abnormal two-digit non-farm value, but not a change in overall direction.

09.01.2025
VeChain Is Suffering on Rising Borrowing Costs

VeChain (VET) has fallen 12.7% this week, trading at $0.0445, underperforming the broader cryptocurrency market. Bitcoin (BTC), the leading cryptocurrency, has declined by 5.6% to $93,220, with bearish momentum building as it approaches key support at $89,000-$91,000. This decline is largely attributed to tightening monetary conditions in the United States, which continue to weigh on risk assets. Investor confidence is further shaken by significant net outflows from spot BTC-ETFs, which lost $583 million on Wednesday, marking the second-largest single-day outflow on record.

If BTC falls below the critical support level of $89,000-$91,000, VeChain is likely to extend its losses, with prices potentially declining another 10% to $0.0400. A sustained drop in BTC could push VET even lower, towards $0.0300. Conversely, a strong rebound in BTC prices to the $100,000 level could drive VET back up to $0.0500, representing a recovery of approximately 12% from current levels.

14.01.2025
Tezos Is Seen Hodling above $1.200

Tezos (XTZ) has declined slightly by 0.2% this week, trading at $1.249, following Bitcoin’s (BTC) drop to $89,158, which triggered widespread altcoin sell-offs due to concerns of a potential further decline in BTC to $80,000. However, Bitcoin managed to hold above the critical support level at $89,000-$91,000, offering some relief to the broader crypto market.

Speculation about a shift in U.S. trade policy has provided additional support to crypto assets. Reports suggest the new U.S. administration may pursue a gradual increase in tariffs rather than an abrupt hike, which could help alleviate inflationary pressures and lead to a less aggressive monetary stance from the Federal Reserve.

This development is a positive signal for the cryptocurrency market and may help Tezos maintain its position above the key support level of $1.200.

Rafael Quintana Martinez
Money Manager de alto rendimiento, con una sólida formación académica, profesional y de campo. Más de 9 años de experiencia especializada en el comercio de mercados financieros internacionales. La devoción, la fiabilidad, la responsabilidad y la ética impulsan mi vida. Actualmente me desempeño como Analista Senior para Metadoro. https://metadoro.com/es https://mx.investing.com/members/contributors/235587671/ https://es.tradingview.com/chart/EURUSD/rE9gVips/
Synthetix Is Struggling to Continue Up

Synthetix (SNX) is rising by 3.6% to $0.7700 this week, outperforming the broader crypto market where Bitcoin (BTC) is up by 1.2% to $108,600. Despite the weekly gain, SNX remains near its lows and continues to struggle for upward momentum. The token failed to reach the $1.000 resistance level during the recent broad crypto rally, signaling underlying weakness. It remains confined within a descending channel, with $1.000 also marking the midpoint of that range — a key level that must be broken for any sustainable bullish reversal. With limited project-specific news to drive demand, SNX appears heavily reliant on broader market strength to regain traction. A strong continuation of the crypto rally would be essential for SNX to attempt a breakout.

0
Tesla Upside Perspectives

Tesla (TSLA) stocks responded to the S&P 500 broad barometer's rally, which is approaching the 6,000 points mark again, with a convincing break through a 2-week-long flag pattern above the $360 barrier. The stock now looks like the vanguard of an advanced team of tech assets among other global giants fighting for new price heights in May. Following that jump led by a 6.9% rise on May 27, now the number $420, so mellifluous to the ear of the founder of the EV making company Elon Musk, seems to be a minimally reasonable and only initial target, if we make the simplest possible graphical approximation on Tesla charts, using the so-called "measured move" technique with the vertical flagpole as a measure of scale, which extends from $270 as the low point on May 7 to $350 as an intraday high on May 14, i.e. just one week later.

Tesla's rapid rise to the top looked like an essentially predetermined move during the company's conference call hot on the trail of its quarterly report on the night of April 22-23. And here we would like to especially highlight the prospect of active implementation of robotaxis with deliveries of hundreds of thousands, if not a couple of million robotaxi cars in the next couple of years in the U.S. alone, as well as Tesla cars' relative independence from imported components. The latter factor gives it a huge advantage not only over other car companies, but also among many megacaps, with Apple (APPL) as a very good example, since shares of the iPhone manufacturer are still pressured enough due to its large exposure to production chains in China and trade war costs. Nothing like this is happening with Tesla, since Tesla localized its production in America, Europe and Asia.

Even though Tesla is facing a plunge in sales across its European markets due to protests and boycotts over Elon Musk's political stance, and with the broader electric vehicle market in Europe growing by approximately 28% YoY but declined by nearly half vs last year's records particularly for Tesla, its moving in other parts of the world is spectacular to offset Tesla's shortfall in the EU. Brief factory shutdowns for several weeks to upgrade the plants for its best-selling Model Y sport utility vehicle, also constrained supply but is a strong factor of increasing sales soon. Let's not forget that Tesla would be characterized correctly as a hybrid of an AI leader and an EV leader at the same time, which also manages to make competitors partners by simply providing them with necessary and actually unavoidable infrastructure and batteries.

Wedbush Securities has issued the most bullish call to shift its Tesla’s price target to $500 from recent $350, meaning a nearly 47% upside potential. It is positioning Tesla as “one of the best pure plays on AI for the next decade,” emphasizing the company’s artificial intelligence, robotics and full self-driving (FSD) ambitions as key value drivers. Launching FSD rollout in China just began in Q1, and its expected deployment in Europe will follow, probably in summer, with pending regulatory approval. High-volume production of the Optimus robots is planned for 2026; initial customer deliveries are projected for 2027 to unlock at least $1 trillion in AI-related extra valuation. This may double Tesla’s market caps to more than $2 trillion by late 2026. Again, Tesla announced its fresh lower-priced vehicle in the first half of 2025, starting around $30,000 including tax credits, which could align well with market conditions.

Elon Musk’s Neuralink project successfully raised $600 million, valued up to $9 billion by some analysts. It develops brain-computer interfaces (BCIs). Their flagship product, called "The Link," is a coin-sized implantable device to control various devices with thoughts.

All of the above are natural fundamental background behind a new round of Tesla's rally to new heights, not to mention such a "trifle" as a simple repetition of the historical peaks of December and January around $480. From a technical point of view, Tesla's price consolidation between $330 and $355, to digest the set of news from April 22-23, lasted only two weeks until yesterday's trading session on May 27 when the situation ultimately resolved in favour of further gains. It therefore makes sense to reiterate a very short-term horizon for Tesla within the range from $400 to $420, where the price has a high chance of being as early as June, with targets above $500 in the medium term, and most likely within the next few months, or at least until the end of 2025.

6
Rafael Quintana Martinez
Money Manager de alto rendimiento, con una sólida formación académica, profesional y de campo. Más de 9 años de experiencia especializada en el comercio de mercados financieros internacionales. La devoción, la fiabilidad, la responsabilidad y la ética impulsan mi vida. Actualmente me desempeño como Analista Senior para Metadoro. https://metadoro.com/es https://mx.investing.com/members/contributors/235587671/ https://es.tradingview.com/chart/EURUSD/rE9gVips/
ApeCoin is Rallying to $1.000

ApeCoin (APE) is adding 9.2% to $0.688 this week, strongly outperforming the broader crypto market, where Bitcoin (BTC) is up by 2.2% to $109,768. After breaking through the resistance at $0.500 in late April and successfully retesting it in early May, APE gained momentum, rising steadily before briefly consolidating. The current price action suggests the token is preparing for another leg up, aiming to surpass the $1.0000 resistance level. The rally marks a significant recovery from the low of $0.348 in early April and is supported by overall market optimism and renewed interest in the ApeCoin ecosystem. With improving sentiment, APE has a solid chance to break into higher territory.

8
Rafael Quintana Martinez
Money Manager de alto rendimiento, con una sólida formación académica, profesional y de campo. Más de 9 años de experiencia especializada en el comercio de mercados financieros internacionales. La devoción, la fiabilidad, la responsabilidad y la ética impulsan mi vida. Actualmente me desempeño como Analista Senior para Metadoro. https://metadoro.com/es https://mx.investing.com/members/contributors/235587671/ https://es.tradingview.com/chart/EURUSD/rE9gVips/
Buying Merck Looks Promising

Merck (MRK) shares underperformed during the strong April–May market rally, with the S&P 500 rising 22% to 5,865 points, while MRK gained just 2.5% to $77.55. The stock pulled back from $85.68 in early May but managed to break through trend resistance in April for the second time, later retesting it in May. A solid support zone around $70.00 — unbroken since 2019 — continues to provide a strong technical foundation.

Given this setup, the $70–80 range appears to be a promising buying zone. The next major target is $100–105, which aligns with a price gap that could attract further interest. A reasonable stop-loss can be placed at $60, below long-term support, to manage downside risk.

12
1

Join our community

Share your professional and amateur observations, exchange experiences, anticipate developments

Category
All
Stocks
Crypto
Etf
Commodities
Indices
Currencies
Energies
Metals
Instruments
Author
All
Metadoro
Contributors