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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.

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
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.

Market Trending Ahead of Christmas

When the pre-Christmas week was just beginning, the global investment sentiment had been fuelled by record-breaking earnings of a great chipmaker for gadgets and data centers Broadcom. The bullish appetites were sparked as that was the last big tech company to report before the year-end, and it luckily projected a better trend for chip demand from flagship customers like Apple, Samsung, Huawei and Cisco.

The value of Broadcom added more than 35% within a couple of trading days to hit $1 trillion or over $250 per share. This was around an annual target area for the firm according to estimates of many reputable investing houses. The tech-heavy Nasdaq Composite index exceeded a psychological mark of 20,000 points.

The two achievements in sync prompted a natural wave of massive profit taking by a happy but still wary crowd, due to much weaker prospects provided by some other AI era leaders like Adobe and Oracle, especially ahead of the last Federal Reserve’s policy decision in 2024. Thus, the widespread stock rally was stopped and faced an even deeper 3% retracement from fresh peaks in terms of the S&P 500 broad market barometer. The S&P 500 had to retrace from above 6,050 to below 5,850 points on Wednesday night of December 18, as a response to the U.S. central bank’s relentless remarks. Its chair Jerome Powell clarified that policymakers shifted their road map from previously supposed three or four interest rate cut moves to only two small 0.25% steps to lower borrowing costs in a very narrow and careful way. Too high levels of normalised rates restrict access to cheap credit resources, being negative for stocks, yet this impact is limited in time and scale due to a solid labour market, hopes for soft landing, running away from inflation to assets and lower rates in other countries. A rate differential factor is also boosting yields of the U.S. public debt, which led the Greenback index to fresh 24-month highs above 108 points, suppressing gold prices.

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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/
ATOM Is Likely to Continue Down to $5.00

Cosmos (ATOM) is up 1.78% this week, trading at $6.540, closely tracking the broader market, where Bitcoin has gained 1.30% to $96,034. Despite the recent uptick, ATOM is struggling to hold onto its gains, having lost 27.0% since December 17, pulling prices down to a recent low of $5.810.

This temporary stabilization may precede a retest of the $7.500 resistance, potentially followed by a deeper decline toward the stronger support at $5.000. This critical level could serve as a solid foundation for a recovery, should market sentiment improve and broader cryptocurrency trends turn positive.

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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/
NEM Is Likely to Dive Further to $0.0160

Nem (NEM) has plunged 28.0% this week to $0.0225, significantly underperforming the broader cryptocurrency market, where Bitcoin (BTC) is down 8.2% to $94,500. The sharp decline in altcoins has caught many off guard, with the broader market weakness taking hold following the Federal Reserve's hawkish decisions on Wednesday. Cryptocurrencies, like other risky assets, are under heavy selling pressure, and no clear bottom has been established.

Bitcoin faces a critical support level at $90,000, representing a potential additional decline of 5.0%. Should this level be tested, NEM prices could drop a further 11.0% to $0.0200. A deeper decline toward $0.0160, coinciding with trend support, is also possible if selling pressure intensifies. Any meaningful recovery in NEM prices would likely depend on broader Bitcoin movements, as NEM itself lacks positive catalysts or supportive news to drive independent gains.

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FedEx Kingdom Will Be Divided Within Itself to Withstand Better

The parcel delivery operator missed quarterly consensus estimates but its market value was soaring by nearly 8.75% to $300 per share in extending trading during the Thursday night, thanks to announcing plans to spin off its freight trucking division through the capital markets with an intention to create a new publicly traded company. The stock is knocking the $300 door for the fourth time in six months, but each time bullish attacks went awry leading to a larger or smaller retracement. What will be the developments now it's hard to say based on current fundamentals, but it would be useful to look more carefully at the investing crowd's moves in the vicinity of this psychologically important band, $300 plus or minus $10 to $15 per share.

FedEx reported both revenue and profit lines for the previous quarter mostly in-line with average expert estimates. This was a small step forward compared to the numbers three months ago as the indications at the end of September sharply missed consensus bets ($3.6 for equity per share instead of $4.86 in Wall Street projections and $21.6 billion instead of nearly $22 billion in expert poll bets for the firm's sales). Now both the bottom and the top lines improved to $4.05 for equity per share on revenue of $22 billion. However, there is almost flat growth on an annual basis, with the last quarter still lagging well behind some much more successful quarterly results in 2021-2023. What is a good sign that FedEx also provided a higher forward guidance for fiscal 2025, with earnings ranging between $19 and $20 per share, which is an equivalent for $4.75 to $5.00 per average quarter. The Wall Street pool assumptions were limited to $19.75.

Markets hope for aggressive cost cutting during a complex restructuring. The permanent cost reductions from FedEx transformation program already released $2.2 billion. The process may become more effective when FedEx will divide itself into two independent businesses seeking for two different growth strategies, even if the two businesses may attempt to preserve commercial and operational synergies. The separation is reportedly to be done within the next 18 months and "in a tax-efficient manner for FedEx stockholders" and executed. By separation, FedEx would "respond to the unique dynamics of the LTL market,” said CEO Raj Subramaniam. The term LTL, in contrast with global parcelling, means "less than truckload" to refer to shipping services for relatively small loads of freight, typically below 15,000 pounds, which may lead to smarter cost efficiency. As a part of the single corporation, FedEx Freight subdivision was increasing its operating profit averagely by 25% a year over the previous 5 years. FedEx Freight will be the largest LTL carrier having the widest global network for transportation and the fastest delivery time within this segment.

Unlike the Biblical kingdom, which is divided within itself and will be destroyed, this business kingdom wants to be divided but still trying to remain a cart moving better. With still a shared brand of FedEx and their common base of customers, commercial agreements will be made between the two entities. Capital allocation optionality including advanced flexibility to invest in profitable growth and then returning capital to stockholders, distinct and compelling investment profiles with two separate public stock listings and distinct stockholder bases were remarked among the basic advantages. We will see sooner or later if this decision will actually allow the two companies to organize a more customized operational execution as well as more tailored capital allocations when unlocking a separate value (some sources say it could be up to $20 billion) for a freight branch of FedEx business., as it was declared, will it release more efficiency for FedEx Express and FedEx Ground businesses. And, finally, investors will see if it was true or not that FedEx Freight assets were probably not fully appreciated within FedEx.

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