US10Y will keep on increasing until China surrenders in the economic war. The outcome? the classical Accord in which US devalue its currency by 30% and the rest of the countries and economic blocs such as Eurozone, China, Japan, etc strengthen theirs which means that the end of the economic war will produce a Super-Cycle in commodities and industrial goods. trade safe.
It's just a draft of what could happen in a couple of years.
BTI is trading at 1.25 book value and IMO it should go to the .618 % and trade near the 75% of it book value which is 36.91. So I would go for the the 32-28 TGT price.
Lumber mas fall below .381% and then move up again
Gold should test .618 retracement soon and stay there until December. After The last rate hike in December it should start moving up! trade safe.
short trem appreciation of the Argie Peso against the USD. Expecting a new hike in the the peer and a new correciton in the Argie Stock Market.
MUX should go down until circa april 2019 or until it trades at 90 +/-cent (whatever happens first) Yet in the long run should be trading at 10 per share
Tuesdat Corp is starting to move foward and close above 3.15 in weekly base will signal that bull mode is ON. Tgt: 5.60/6.20 for sure by end of the year. Trade safe!
WFC should enter correction mode dragging with it the banks Frist tgt: 52.70 Second tgt: 44.20
I think that UST10Y is at consolidation mode at the .382 of fibonacci level (2.919) I order to get new strength out of the new rate Hike from the next FED meeting ( In a the coming weeks). Take into account this XY will appreciate generating bullish sentiments and sending the yield higher to 3.30 and finally circa 3.60 +/-, best case scenario topping 3.90 by...
TEO should fall that low taking into account the macro economics imbalances of Argentina and the ramping inflation,not to mention the trade war between US and China that is pressuring on EM. 1st tgt: 11.5 +/- 2nd tgt: 7.5 +/-
TEO should fall that low taking into account the macro economics imbalances of Argentina and the ramping inflation,not to mention the trade war between US and China that is pressuring on EM. 1st tgt: 11.5 +/- 2nd tgt: 7.5 +/-
BFR should fall that low taking into account the macro economics imbalances of Argentina and the ramping inflation,not to mention the trade war between US and China that is pressuring on EM.
I expect GGAL to fall to 1st tgt: circa 11 and 2nd tgt (wcs) 6.2 +/-, before October 2019 taking into account Argentina macroeconomic as well as FX situation and volatility in EM.
EDN should starts correcting as EM currencies go higher and trade war between US and China extends over time. 1st tgt: 10.45 2nd tgt: 5.70
there is high probability that RSX will fall to .618% of fibonacci till late November/ begging of December.