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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.

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.

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.

Software Stocks to Recover: Zoom

As an online provider of video communication platforms, Zoom felt nearly irreplaceable in the pandemic times. The company became a symbol of life transformations in how co-workers and business partners may interact via secured meetings and chats using content sharing and many more useful features for remote management access and solving problems. Its IPO starting price in 2019 was at $65 per share, yet later it soared to $588 at some point of the corona-related boom in autumn of 2020. Yet, it was difficult to properly monetize this very popular service's advantages in a short time, as most Zoom users were not used to pay much for a software. Therefore, a fortunate trend faded even before lifting corona restrictions globally.

Yet, the company tried to adapt to the changing world slowly and steadily, reducing costs and raising revenues. Its management resorted to cutting more than 15% of its workforce and improving multifunctionality and comfortability of all services. “We worked tirelessly and made Zoom better for our customers and users. But we also made mistakes. We didn’t take as much time as we should have to thoroughly analyse our teams or assess if we were growing sustainably, toward the highest priorities,” Zoom CEO Eric Yuan wrote in February 2023.

Zoom shares’ prices were stagnating near their lows during the year, but may have finally reached a bottom by early November. Zoom stock bounced by 12.5% this month, including more than 6% of a price rebound when the upside move accelerated to follow the company's upbeat Q3 report on November 20. Zoom Video Communications revealed a noticeable increase in its earnings, with net income exceeded $400 million, or $1.29 per share vs consensus estimates of $1.08. The company presented its earnings above market estimates in each quarter of 2022 and 2023, which may produce a cumulative effect at some moment. At least, this may allow extending a range market oscillations of Zoom share price with a possible test of a $75.90 peaking price of September compared to nearly $68 per share as November 29. This may also correspond with broader Wall Street cycling, which is probably on its rallying stage right now. The stock had three consecutive days of gains this week already.

The company's sales is approaching $1.15 billion, up by 3.5% of currency-adjusted growth. The enterprise segment of Zoom's business grew by 7.5%, based on a 5% expansion of its customer base, while high-revenue customers added 13.5%. Its customer retention rate is 105%. Operating cash flow surged by 67%, the balance sheet shows $6.5 billion in assets against less than $2 billion in liabilities. Zoom AI Companion may also enhance the platform's value in the near future. Therefore, Zoom raised its full-year guidance to 13% for free cash flow, annual revenue between $4.506 billion and $4.511 billion, and EPS (earnings per share) outlook between $4.93 and $4.95.

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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/
A Whale Sells Out XRP to Probe $0.60 Support

Ripple (XRP) slid 1.3% to $0.6090 this week. The token is trading close to the strong support at $0.6000 since mid-November. The token came under pressure as a whale that sells out XRP for tens of millions Dollars is spotted. This is potentially raise XRP offering. On the other hand, the $0.6000 level seems to be solid and is likely to sustain. If this whale ceases it sell out before prices would dive below this support the token will prove its strength, and its prices may rebound soon.

3335
B
EUR/USD Is Going to Strike 1.10

The single currency continues to rally. It is benefiting from a recent retreat in U.S. Treasury yields, from multi-year heights of almost 5% to the levels below 4.5% for 10-year public bonds. This decline is associated with the widely expected rate hike pause by the Federal Reserve. With the lack of new evidence to confirm the case, the crowds strongly believe in it. The Fed fund futures' market is currently pricing in the first rate cut before June 2024, which looks to be quite enough for the EUR/USD to eye the key 1.10 barrier. This is the nearest goal of the bulls, which can be exercised from the technical point of view. Stocks are holding firm after long holidays, which also support further upside moves for the Euro, based on weaker demand for the Greenback as the usual safe-haven asset. Therefore, investors are rather bearish on Treasuries, putting the Dollar under pressure. A temporary return for the Euro to test intraday lows near the 1.09 round figure is still on the table, yet buying these dips would probably be a good idea before an advance towards higher goals.

The U.S. consumer confidence indicator climbed after three straight monthly declines, despite most households anticipating a recession over the next year. It increased to 102.0 from a downwardly revised 99.1 in October. Analyst estimated that the index would rather go down to 101.0 from the previously reported 102.6. As CB data in October originally was even better than now, and today it signalled a possible change in the spending wind direction, then chances for volatile intraday movements rose, with the main vector on the currency market probably unchanged.

3743
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 Demonstrating its Weakness

Shiba Inu (SHIB) is declining by 2.0% to $0.00000815 this week despite high rates of token burn of 297.6 million for Monday alone. Burning tokens usually led to higher prices. But in case of this mem coin prices are going down. This is a clear sign of its weakness, and obviously a reason to worry about investments in the project.

The nearest support is down by 6.0% at $0.0000075. SHIB could easily reach it, but it is unclear whether its prices could go further down. Some news like collaboration with the famous Italian Napoli football club could support the project and token prices. It also demonstrates the activity of the project.

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