This is an impeccable company.
Flawless financials. High profit margins. High return on equity. Steady growth. Low debt. Lots of data to back it up.
Exceptional company.
And its price ratios have not been at these levels since 2015. In other words its valuation has not been so low for years.
The opportunity is still on.
Have A Great Day.
I recently added new position MKTX to the portfolio.
MarketAxess operates the leading platform for the electronic trading of corporate bonds.Recently, we found for an active high-yield bond fund, and on the manager call they mentioned they exclusively use MarketAxess for their trading activity. The company is poised to capture broad-based capital market growth as...
What a magnificent company.
Total debt sits at around 80mil$ with net income of 250mil$ at a profit margin of 35% in 2022. Before 2019, their debt was 0$. This leaves them with highest debt to equity of 0.13 in 2019.
Profit margins range from 34% to 44% several years back. This metric is great in itself but adding consistent, rising revenue makes it...
This financial has been holding up very well considering XLF & financials have been obliterated.
One of the very few relative strength financials holding above key daily moving averages.
If financials see a technical bounce this stock will likely breakout to the upside.
The PEAD projected a Bullish outlook for $MKTX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 85.71%.
NASDAQ:MKTX Signal
Entry - $280
Target 1 - $368
Target 2 - $422
Invalidation - $254
Risk to reward ratio - 5.2
Technical confirmations
We think that price just finished impulsive part of Elliot Wave analysis and now should make a correction upwards.
There is huge increase in volume at the bottom now.
The main target is set to 0.5 Fib zone...
Market is finishing1-5 Elliot Wave Theory we are expecting last wave to end on a ~243 Demand zone, because it is 61.8% fib retracement zone. our invalidation is just below demand zone and our target is liquidity zone market created while moving down.
Target: 424
Entry: 243
Invalidation: 218.81
MKTX broke its massive bull run trendline that started since 2009. A huge head and shoulders formation in the weekly chart (May 2020 - Sep 2021) was broken in September, signaling a reversal and weakness in the stock. MKTX now has a pullback to the neckline at $410, offering another opportunity to short with an attractive risk/reward.
Stop loss at neckline @...
According to Traders-Paradise Algorithm, this has a high chance of going down as the TakeProfit & StopLoss strategy indicate.
For day traders - 11/8/21: High chance for going down today.
NASDAQ:MKTX set up a 50% Retracement level that matches with prior lows. This yields a clear trading opportunity to play support with risk below the lows and targets towards the prior highs.
The PEAD projected a bullish outlook for $MKTX after a negative over reaction following its earnings release placing the stock in drift C
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Not really sure where will it go...
Wish me luck!
#1 Do I like the product? Seriously (I do not know the product without further research.)
#2 Do I like the man behind the wheel? Look answer #1
#3 Do I like the company? It doesn't matter.
#4 Do I like the profit? Yes!!!
