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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.

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.

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.

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.

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.

Thirsty for More

Shares of the global soda and snacks' supplier initially slid by 1.2% in the pre-market trading on Tuesday, as the most immediate response to the giant's Q3 earnings report. Mixed numbers included a negligible gain of $0.02 compared to the average estimate of $2.29 for the company's profit per share, while total sales for the quarter came out at nearly 2.4%, or $0.58 billion lower vs consensus expectations of $23.90 billion. Subdued category performance trends in North America like continued impacts related to certain recalls at Quaker Foods and business disruptions "due to rising geopolitical tensions in certain international markets" were cited.

It actually meant a penny-size decline within 0.5% YoY, but a 3.6% surplus QoQ in PepsiCo's revenue which kept this gross output measure in the upward trending flow to emphasize the stable demand for the company's product lineups. The company's own guidance for the rest of 2024 is sweet enough to see its annual equity per share (EPS) at $8.15, in line with consensus number of $8.14, for at least 8% core constant currency growth, with a "low-single-digit increase" for its full-year organic revenue outlook, after the company's previously more precise forecast of approximately 4%. Meanwhile, the quarterly profit indications reached a new record. Counterpointing slower rise in revenue, thanks to tightly managing costs, this puts a nest egg for the higher valuation of PepsiCo by stock investors in the future, if most of the crowd are feeling rather reluctant to buy it at the particular moment.

As a result, no damage to PepsiCo's market cap remained at the time when the opening bell for a regular session started ringing on Wall Street. And the price even added 0.75% half an hour later. The same screenplay we had already described three months ago, and which has been once implemented for PepsiCo after July 11's previous quarterly release, is now poised to repeat. Its share price dipped below $160 on that day and then climbed to above $180.

The only two visible differences, which may postpone similar effects during the next couple of months, are now on charts. The first limit for immediate price growth is a recent double retest of a $180 resistance line in September. Another one is some higher range for PepsiCo quotes, between $165 and $168.50 in the last few days, vs its $160+ levels in early July before the launch of its previous ascending cycle. Thus, another check out of the lower area between $160 and $165 cannot be ruled out before the bulls would be properly involved in their job. They could be ready to wait a little more or may be too lazy to rise up now, yet most of PepsiCo investors are still thirsty for more. A range from $195 to $200 may be considered as the next target area in case of a possible move above $180.

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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/
Ravencoin Is Likely to Continue Sideways

Ravencoin (RVN) is trading flat at $0.01650 this week, pulling back from Monday's high of $0.01731. This mirrors the broader market, where Bitcoin (BTC) reached $64,436 before also retreating. RVN has been trading sideways since late June, with strong support at $0.01500 and resistance at $0.02000. Despite several attempts to break higher, the token has been unable to sustain any upward momentum. As a result, it’s likely that RVN will continue to range-bound until the broader crypto market makes a decisive move.

4161
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 S&P 500 on Presidential Rally

The U.S. Presidential elections are now less than a month away, and monetary authorities are bolstering the positive momentum in the stock market by cutting interest rates by 0.50 points, despite a strong labour market. This creates an ideal scenario for many large investors, who are placing significant bets on further gains. The SPDR S&P 500 ETF Trust (SPY) has reported weekly net inflows of $19.8 billion, the highest since late June, signaling strong confidence in a continued rally. The index is aiming for a target of 6000 points. I plan to open a long position between 5670-5710 points, with a stop loss set at 5350.

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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/
Cardano Is Ready for an Uptrend

Cardano (ADA) is up by 1.0% to $0.3550, slightly retreating from its high of $0.3681 earlier this week. In comparison, Bitcoin (BTC) also gained 1.0%, reaching $63,000.

Cardano has been in an uptrend for the second consecutive month, but it continues to face significant resistance around the $0.4000 level. Despite several attempts, the token has been unable to break through this barrier. The uptrend support remains intact, helping to keep the price buoyant. However, large investors have placed a series of short trades between $0.3880 and $0.4000, which could act as a firm ceiling for the token or, alternatively, provide the necessary fuel for a sharp breakout.

For the upside scenario to materialise, positive market sentiment will be crucial. If the token manages to break above the $0.4000 resistance level, it could trigger a rapid price increase.

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