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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.

23.01.2025
Ontology Is Sliding Towards $0.2000

Ontology (ONT) is down 2.3% this week, trading at $0.2176, in line with the broader crypto market where Bitcoin (BTC) has declined 2.0% to $101,632. While the new U.S. administration has made some strides toward fairer crypto regulation, Donald Trump has remained silent on the highly anticipated issue of adding Bitcoin to U.S. federal reserves.

Market speculation is rampant, with figures like BlackRock CEO Larry Fink suggesting Bitcoin could surge to $700,000 per coin if sovereign wealth funds begin accumulating. Other forecasts predict Bitcoin reaching $250,000 by year-end. While such projections could foster optimism, the lack of decisive action or announcements regarding U.S. crypto reserves is weighing heavily on the market.

For Ontology, the situation remains bearish. Having breached the critical support at $0.2500 last week, the token is now approaching the $0.2000 level. A failure to provide clear evidence or statements about U.S. federal crypto reserve plans could see ONT fall even further, breaching the $0.2000 mark and deepening its losses.

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.

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.

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/
Coin 98 Is Increasing Upside Momentum

Coin 98 (CNE) is experiencing a 3.0% decline, bringing its price down to $0.1335 on Monday. The drop was even more significant earlier in the day when prices reached $0.1301. This pullback could be viewed as a moderate correction following CNE's 7.2% surge last Friday, which was driven by a broader rally in the cryptocurrency market.

The recent rally was spurred by Federal Reserve Chair Jerome Powell's announcement at the Jackson Hole symposium, where he signaled the beginning of an interest rate cut cycle. This dovish monetary policy is particularly important for the crypto market, as lower interest rates typically encourage higher-risk investments. Investors are currently pausing to assess the changing market conditions. Once the market digests these developments, CNE prices could resume their upward trajectory, potentially reaching $0.1500.

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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/
Ripple Is Likely to Consolidate with a Potential Upside before October

Ripple (XRP) is experiencing a notable rise of 5.2% this week, reaching $0.6000, which is twice the gain of the broader market. In comparison, Bitcoin (BTC) has seen a 2.6% increase, bringing its price to $61,000. This positive movement in altcoin prices follows a significant legal development on August 7, when Judge Analisa Torres ruled that Ripple must pay a $125 million fine, a much smaller penalty than what the U.S. Securities and Exchange Commission (SEC) had originally demanded.

In addition to the reduced fine, the judge also prohibited Ripple from selling XRP to institutional investors, marking an intermediate victory for the company. The SEC has 60 days, until October 7, to file an appeal. If the SEC does not file an appeal, Ripple’s victory could become final. Until then, XRP prices are expected to consolidate within an ascending triangle pattern, which often signals the potential for further upside movement.

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Last Spikes in Target Share Price

The first time when I brought my humble attention to Target stock was my birthday party. My brother-in-law presented a T-shirt with a painting of a white bear and a star in the sky above the beast, accompanied by a “Golden State California” pride slogan. It still serves me to symbolize a cheap style of sweet home comfort, but also perfect resilience to all kinds of winds, for more than 18 months. When asked where he got this piece of simple beauty, he said his sister just sent a package with “made in USA” gifts, and this particular thing was purchased for $19.99 in some store named Target.

I was curious enough to google and tried to find out what this Target is. Various sources described it as probably the second largest chain of stores in the middle between the consumer discretionary and the discount segment of North American retailers. As an investor, I became immediately intrigued by a self-imposed investigation why Target stock was not a part of my portfolio to join successful Walmart and Lowe’s or a problematic but recovering Macy’s, and I quickly found a solid reason with its clearly troubled price dynamics. It happened so that Target was so shining investment to gain as much as possible in the corona time. However, in 2022 and 2023, it has been “weighted, measured and found wanting”, if you know what I mean.

The overvalued stock ultimately dropped from above $250 to nearly $100, and it was abandoned there for many months, as Target’s profit margin was squeezed between Scylla of elevated supply chain expenses and Charybdis of cost-conscious consumers. Thus, I almost abandoned any plans of investing some of my free cash into Target, but now it looks like an advantageous time to revisit the idea.

Target stock is soaring now. Supported by strong Q2 results, it spiked from nearly $145 to $167.20 at a short-lived intraday peak on August 21. The price retraced to a little more adequate range between $157 and $160, and so it can be called attractive, as it is less than 10% higher on solid fundamentals, also offering a nearly 10% discount against its newly minted, and hopefully temporary peaks.

Financial performance of Target did not decline in July, with both June and July were stronger than May, based on promotional activities and strategic planning, its CEOs commented after the chain announced quarterly earnings per share of $2.57 on sales of $25.45 bln vs $2.19 on $25.2 bln in consensus bets of Wall Street analysts, after $2.03 on $24.5 bln in Q1 and $1.8 of EPS on $24.8 in the same season of 2023, with comparable sales rising by 2% YoY.

And, what is more important, I am not alone in my current investment desires. UBS adjusted its outlook on Target by raising its price target to $200 from the previous $185 and keeping a Buy rating on the stock, citing “a surge in customer traffic, robust gross margin improvements, and an uptick in other income, attributed partly to a double-digit increase in advertising revenue”. Meanwhile, the Bank of America raised its price target to $195, which belongs to almost the same technical area. Target’s estimated EPS for the fiscal year of 2025 has been shifted from $9.45 to $9.70. A rather pessimistic RBC Capital also increased its price target for Target from $174 to $177, with an Outperform rating and potential revenue growth of 0.4% and 1.5% for fiscal years 2024 and 2025, respectively. Wells Fargo revised its target to $180 from $160, which is not so bad as well. Evercore ISI raised its target for Target to $160 only, reflecting a global slowdown in the e-commerce sector, but saying that Target's EPS may approach $9.50 in 2024 and $10.50 in 2025.

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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/
Shiba Inu Is Ready to Rally

Shiba Inu (SHIB) is experiencing a strong upward trend this week, rising by 5.7% to $0.00001420, marking three consecutive days of gains. The meme-coin is on track to challenge the $0.00001500 resistance level in the coming days. According to data from IntoTheBlock, large holders are maintaining their long positions at $0.00001700, suggesting that it might not take much for SHIB to break through this resistance. If supported by the broader market, SHIB could potentially climb even higher to $0.00002000.

Further bolstering SHIB’s outlook is the support it receives from major crypto exchanges like Robinhood, Coinbase, and Kraken, which continue to expand the range of assets tied to Shiba Inu. This expansion could increase network activity and boost demand for SHIB-related assets, providing additional momentum for the token's price.

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