Contrary to popular belief, gold is a risk asset, and as such, cannot serve as a reliable store of value. It also doesn’t offer better protection from inflation than equities. That is true for the long term; however, in shorter periods, the yellow metal can be a profitable trade, specifically at times of declining real interest rates and when the economy is weak....
Based on its seasonality, it's not bullish in September. Based on 29 Wall Street analysts offering 12 month price targets for Apple in the last 3 months. The average price target is $208.99 with a high forecast of $240.00 and a low forecast of $167.00. It is hiring engineers and researchers across the board in a bid to compress large language models (LLMs) so...
Based on 6 Wall Street analysts offering 12 month price targets for Nektar Therapeutics in the last 3 months. The average price target is $2.75 with a high forecast of $6.00 and a low forecast of $1.00. The average price target represents a 308.07% change from the last price of $0.67.
As a long investor, a drop to $30 zone is a golden opportunity. As a short-term trader, I am looking at 35p exp 09.15 to trade its possible short-term pullback.
what is its story in 2024 and beyond? The potential administrative and compliance benefit of Moderna’s combination respiratory vaccine against COVID-19, flu, and RSV, which we expect to launch as early as 2025. Moderna has multiple shots on goal with its late-stage pipeline. While Moderna increased 2023 revenue guidance to $7B, guidance is dependent on...
copy & paste directly from Argus, Medtronic is one of the world's largest medical technology and solutions companies. The company’s devices focus on cardiac rhythm management, spinal and surgical navigation technologies, treatments for diabetes and neurological conditions, vascular therapies, and cardiac surgery. MDT has been a poor performer versus the S&P 500...
Enphase Energy Inc.’s ENPH, -3.78% stock initially plunged more than 15% in extended trading Thursday after the company reported quarterly revenue that fell short of analysts’ estimates and offered a weak forecast. Enphase reported fiscal second-quarter net income of $157.2 million, or $1.09 a share, compared with net income of $76.9 million, or 54 cents a...
From Investopedia, a channel occurs when the price of an asset is moving between two parallel trendlines. The upper trendline connects the swing highs in price, while the lower trendline connects the swing lows. SNAP is in an ascending channel. When the price hits the top of the channel, sell your existing long position and/or take a short position. When...
Recent demand overwhelming supply = Strong hands accumulation ... Now morphing into an IH&S base with measured target $50 on trigger ... Analyst forcasts via TipRanks: Based on 8 Wall Street analysts offering 12 month price targets for Enovix in the last 3 months. The average price target is $41.00 with a high forecast of $100.00 and a low forecast of $18.00. The...
Copy & Paste from WSJ: Tesla’s AI Hype Collides With Reality: Elon Musk leans into perceptions of Tesla as an AI leader, but doesn’t signal concrete progress on self-driving technology! While the company has an evident lead over peers in manufacturing EVs, it is in fact a long way from proving that it has one in automating driving to the safety standards...
Note from Daily Argus Market Mover on 07/18: Uber operates networks for ride-sharing, carpooling, food delivery, etc. Its smartphone app enables consumers to contact drivers, arrange a meeting point, and get to a destination in a cash-free transaction. Uber has operations in more than 700 cities on six continents. Since an IPO in the mid-$40s in 2019, UBER has...
A June 29th article on The Verge disclosing Meta’s plan to allow direct app download from Facebook Ads sent APPS shares surging, as some investors believe SingleTap could be the key enabling technology in Meta’s effort. the stock move reflects 1) a growing recognition of SingleTap as a viable technology among investors and big tech players, 2) secular...
Based on 12 Wall Street analysts offering 12 month price targets for Affirm Holdings in the last 3 months. The average price target is $15.54 with a high forecast of $24.00 and a low forecast of $9.00. The upside prevails as long as $14.3 is its support.
Monte Rosa is pursuing an alternate approach by using molecular glue degraders (MGDs) to induce protein-protein interactions, enabling the elimination of protein targets without binding pockets. Monte Rosa believes that this opens up significant opportunities to eliminate therapeutically relevant proteins that are considered undruggable by other small molecule approaches.
the upside prevails as long as 62.5 is support ... the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 62.854 and 61.7746). My price target for SQ between now and its next earning is $72.5
This is a copy&paste from a Bank of America Global Research Note: "DDOG is an infrastructure software stock with a breakout from a 2023 double bottom on the move above the 88-90 area that favors further upside to 116-121 (chart resistance and double bottom target). A bullish flag pattern correction toward the 90-88 area bodes well for a retest of the double...
I'm focusing on the positive side of NASDAQ:BYND : 1) positive trials with QSRs, especially McDonald’s; 2) success of plant-based snacks/drinks with PepsiCo; 3) better-than-expected cost reduction, including improving manufacturing costs, which should reduce BYND’s cash burn rate going forward.
Buy to Open 1 BABA Sep 15, 2023/Jan 19, 2024 100/110 Call Diagonal This is a bullish strategy with limited risk of $785.00 and limited potential reward of $931.50. This strategy will profit if the stock closes above $94.75 by Sep 15, 2023. Price Action:Alibaba Group Holding Ltd - ADR is in a bullish trend, but testing its $94.51 support level