#FRESHFORECAST
#RTX #Stocks 🇺🇸 RTX Corp. (RTX) shares are currently priced around $82.60.
In early fall, a flaw was identified in aircraft engines from Pratt & Whitney, a division of the corporation. This led major A320-operating airlines to conduct tests on a portion of their fleets. Pratt & Whitney is actively monitoring the situation, expressing confidence that not all A320 aircraft are affected, mitigating potential significant losses.
📰 Despite these challenges, RTX maintains financial stability, evident in the regular payment of dividends, annually adjusted. The board of directors has approved a dividend of $0.59 per share on December 14, equating to a quarterly yield of 2.93%. Additionally, RTX has initiated a new $10 billion share repurchase program, funded through a mix of short-term and long-term debt.
📈 Analysts are optimistic, recommending the purchase of RTX shares with a target price of $90.
#StockMarket #Investing
#RTX #Stocks 🇺🇸 RTX Corp. (RTX) shares are currently priced around $82.60.
In early fall, a flaw was identified in aircraft engines from Pratt & Whitney, a division of the corporation. This led major A320-operating airlines to conduct tests on a portion of their fleets. Pratt & Whitney is actively monitoring the situation, expressing confidence that not all A320 aircraft are affected, mitigating potential significant losses.
📰 Despite these challenges, RTX maintains financial stability, evident in the regular payment of dividends, annually adjusted. The board of directors has approved a dividend of $0.59 per share on December 14, equating to a quarterly yield of 2.93%. Additionally, RTX has initiated a new $10 billion share repurchase program, funded through a mix of short-term and long-term debt.
📈 Analysts are optimistic, recommending the purchase of RTX shares with a target price of $90.
#StockMarket #Investing
🇺🇸 ExxonMobil (XOM) shares are currently experiencing a notable decline and are trading near the $98 mark.
1️⃣ The negative trend is unfolding amid the oil market downturn, attributed to the absence of production cuts by OPEC+ members. Additionally, new indications of a slowdown in the growth of major global economies are raising concerns about a potential decrease in energy demand.
2️⃣ Furthermore, escalating tensions between Venezuela and Guyana over disputed territories rich in "black gold" are exerting downward pressure on XOM quotes. Analysts are not ruling out the possibility of a military conflict, which could delay ExxonMobil's largest foreign project for resource extraction on the Guyana sea shelf, resulting in substantial investment losses amounting to several billion dollars.
📉 Analysts are recommending maintaining short positions on XOM shares with a target of $90.
#XOM #ExxonMobil #StockMarket #OilPrices #GlobalEconomy #InvestmentAnalysis
1️⃣ The negative trend is unfolding amid the oil market downturn, attributed to the absence of production cuts by OPEC+ members. Additionally, new indications of a slowdown in the growth of major global economies are raising concerns about a potential decrease in energy demand.
2️⃣ Furthermore, escalating tensions between Venezuela and Guyana over disputed territories rich in "black gold" are exerting downward pressure on XOM quotes. Analysts are not ruling out the possibility of a military conflict, which could delay ExxonMobil's largest foreign project for resource extraction on the Guyana sea shelf, resulting in substantial investment losses amounting to several billion dollars.
📉 Analysts are recommending maintaining short positions on XOM shares with a target of $90.
#XOM #ExxonMobil #StockMarket #OilPrices #GlobalEconomy #InvestmentAnalysis
📈 Indices continue moving towards highs, maintaining growth near levels of 2021-2023. #market #finance
🔍 What happened in the last trading day? SPX and NQ continued their upward trend, approaching levels of 4655 and 16600 respectively. #trading #stocks
🔆 Today, it's crucial to hold positions above support levels (16000 for NQ, 4560 for SPX) to prevent a pullback and ensure the possibility of further growth. #investing #stockmarket
📊 What's on the market's radar?
1. The Federal Reserve's meeting today.
2. Xi Jinping disappoints investors.
3. The dollar remains stable.
4. Traders closely watching Powell's signals regarding policy. #economy #financialnews
💼 Stock News:
- MSFT develops an innovative AI model.
- SNAP attracts 7 million new subscribers.
- NKE leads in clothing production according to Goldman. #stocks #marketnews
🌐 Intermarket Analysis:
- Oil is declining, approaching levels from the summer of 2023.
- Yield moves along the borders of a sloping channel (4.2%).
- VIX is decreasing towards 2019 levels.
- Gold tests the lower boundary of the growing channel. #globalmarkets #marketanalysis
🗣 Market Discussed Topics:
- The Fed is not ready for rate cuts.
- Expectations of maintaining interest rates at a stable level.
- The Federal Open Market Committee will keep rates in the range of 5.25%-5.5%. #fedreserve #economicnews
🔍 What happened in the last trading day? SPX and NQ continued their upward trend, approaching levels of 4655 and 16600 respectively. #trading #stocks
🔆 Today, it's crucial to hold positions above support levels (16000 for NQ, 4560 for SPX) to prevent a pullback and ensure the possibility of further growth. #investing #stockmarket
📊 What's on the market's radar?
1. The Federal Reserve's meeting today.
2. Xi Jinping disappoints investors.
3. The dollar remains stable.
4. Traders closely watching Powell's signals regarding policy. #economy #financialnews
💼 Stock News:
- MSFT develops an innovative AI model.
- SNAP attracts 7 million new subscribers.
- NKE leads in clothing production according to Goldman. #stocks #marketnews
🌐 Intermarket Analysis:
- Oil is declining, approaching levels from the summer of 2023.
- Yield moves along the borders of a sloping channel (4.2%).
- VIX is decreasing towards 2019 levels.
- Gold tests the lower boundary of the growing channel. #globalmarkets #marketanalysis
🗣 Market Discussed Topics:
- The Fed is not ready for rate cuts.
- Expectations of maintaining interest rates at a stable level.
- The Federal Open Market Committee will keep rates in the range of 5.25%-5.5%. #fedreserve #economicnews
📈 Indices continue to exhibit a bullish impulse, near historical highs...
🏛 What's happening in the market today?
🔙 On the previous trading day, indices continued to show solid upward dynamics, hovering near historical highs, with NQ once again demonstrating relatively stronger momentum. SPX maintained a growth trend within a local channel, reaching levels last seen in December 2021. NQ also showed continued upward momentum, making attempts to refresh its historical high and testing the level of 16893.
🔆 Today. It is crucial for indices to maintain positions above local support levels at 16200 for NQ and 4600 for SPX to avoid a pullback from current levels and ensure the potential for further growth in case of breaking through the nearest levels at 17000 for NQ and 4817 for SPX.
🔎 What's driving the market right now?
(1) The People's Bank of China has reinforced economic support.
(2) Bullish sentiment in the markets continues amid expectations of ongoing Fed rate decisions.
(3) The European Central Bank is not rushing to join the shift in monetary policy seen in the U.S.
📊 Sectors
Cyclical sectors reflect positive market dynamics, with XLE, XLRE, and XRT leading in growth, while ITA lags behind. Most growth sectors rebounded, with TAN, SOXX, and IPO showing the highest gains, and XLK lagging behind. Defensive sectors demonstrated a retracement, with XLP, XLU, and XLV showing weakness relative to the broader market.
💼 Stock News
(+) COST - Costco exceeded profit forecasts and paid special dividends totaling $6.7 billion.
(=) GM, F - Wells Fargo takes a bearish stance on the automotive sector, suggesting the industry may be at its profit peak.
(+) AMZN - Amazon successfully tests laser communication between its Project Kuiper satellites.
(+) GM, F, TSLA - S&P Global forecasts global car sales to exceed 88 million in 2024, with a growth rate of 2.8%.
(+) GOOGL - Google Chrome tests a feature limiting cross-site tracking and gradually phasing out third-party cookie files.
(+) XRT - Retail sales grew by 0.3% in November compared to October, surpassing expectations of a 0.1% decline for the month.
(+) META - Meta's Threads messaging app launches in Europe.
(+) INTC - Intel unveils its new Gaudi 3 processor at the AI Everywhere event, claiming it surpasses Nvidia.
(+) BABA - Alibaba invests $634 million in Lazada amid competition with TikTok and Sea in Southeast Asia.
(+) AAPL - Apple may outperform the market again in 2024, surpassing the $3 trillion mark, according to Citi.
🌐 Intermarket Analysis
Oil shows a local rebound from the lower boundary, testing the level of 72.2. Yield consolidates above 3.92%, near the lower boundary of the channel after a retracement. VIX attempts a local bounce from the level of 11.8, testing the slope. Gold is in consolidation after local rebound attempts and testing the level of 2062.
🗣 Market Buzz
Oppenheimer has high expectations for the S&P 500 next year amid corporate earnings growth. The firm forecasts the index reaching 5200 by the end of 2024. "Markets don't move up in a straight line, and failures are always possible, but those with patience should see gains in the medium to long term." Oppenheimer believes that profits and revenues will continue to grow during what the firm calls a "transitional year" as the Federal Reserve moves away from its restrictive monetary policy. Cyclical stocks, especially in the technology, telecommunications, and consumer services sectors, are expected to continue thriving next year.
#StockMarket #FinancialMarkets #BullishTrend #EconomicOutlook #Investing #MarketAnalysis
🏛 What's happening in the market today?
🔙 On the previous trading day, indices continued to show solid upward dynamics, hovering near historical highs, with NQ once again demonstrating relatively stronger momentum. SPX maintained a growth trend within a local channel, reaching levels last seen in December 2021. NQ also showed continued upward momentum, making attempts to refresh its historical high and testing the level of 16893.
🔆 Today. It is crucial for indices to maintain positions above local support levels at 16200 for NQ and 4600 for SPX to avoid a pullback from current levels and ensure the potential for further growth in case of breaking through the nearest levels at 17000 for NQ and 4817 for SPX.
🔎 What's driving the market right now?
(1) The People's Bank of China has reinforced economic support.
(2) Bullish sentiment in the markets continues amid expectations of ongoing Fed rate decisions.
(3) The European Central Bank is not rushing to join the shift in monetary policy seen in the U.S.
📊 Sectors
Cyclical sectors reflect positive market dynamics, with XLE, XLRE, and XRT leading in growth, while ITA lags behind. Most growth sectors rebounded, with TAN, SOXX, and IPO showing the highest gains, and XLK lagging behind. Defensive sectors demonstrated a retracement, with XLP, XLU, and XLV showing weakness relative to the broader market.
💼 Stock News
(+) COST - Costco exceeded profit forecasts and paid special dividends totaling $6.7 billion.
(=) GM, F - Wells Fargo takes a bearish stance on the automotive sector, suggesting the industry may be at its profit peak.
(+) AMZN - Amazon successfully tests laser communication between its Project Kuiper satellites.
(+) GM, F, TSLA - S&P Global forecasts global car sales to exceed 88 million in 2024, with a growth rate of 2.8%.
(+) GOOGL - Google Chrome tests a feature limiting cross-site tracking and gradually phasing out third-party cookie files.
(+) XRT - Retail sales grew by 0.3% in November compared to October, surpassing expectations of a 0.1% decline for the month.
(+) META - Meta's Threads messaging app launches in Europe.
(+) INTC - Intel unveils its new Gaudi 3 processor at the AI Everywhere event, claiming it surpasses Nvidia.
(+) BABA - Alibaba invests $634 million in Lazada amid competition with TikTok and Sea in Southeast Asia.
(+) AAPL - Apple may outperform the market again in 2024, surpassing the $3 trillion mark, according to Citi.
🌐 Intermarket Analysis
Oil shows a local rebound from the lower boundary, testing the level of 72.2. Yield consolidates above 3.92%, near the lower boundary of the channel after a retracement. VIX attempts a local bounce from the level of 11.8, testing the slope. Gold is in consolidation after local rebound attempts and testing the level of 2062.
🗣 Market Buzz
Oppenheimer has high expectations for the S&P 500 next year amid corporate earnings growth. The firm forecasts the index reaching 5200 by the end of 2024. "Markets don't move up in a straight line, and failures are always possible, but those with patience should see gains in the medium to long term." Oppenheimer believes that profits and revenues will continue to grow during what the firm calls a "transitional year" as the Federal Reserve moves away from its restrictive monetary policy. Cyclical stocks, especially in the technology, telecommunications, and consumer services sectors, are expected to continue thriving next year.
#StockMarket #FinancialMarkets #BullishTrend #EconomicOutlook #Investing #MarketAnalysis
Stocks:
- Japan’s Topix saw a positive move with a 0.5% increase.
- Hong Kong’s Hang Seng experienced a decline of 1.2%.
- The Shanghai Composite exhibited a modest rise of 0.1%.
- S&P 500 futures showed a 0.2% drop as of 2:28 p.m. Tokyo time.
- Nikkei 225 futures (OSE) and S&P/ASX 200 futures remained relatively unchanged.
- Euro Stoxx 50 futures recorded a 0.1% decrease.
Currencies:
- The euro experienced a 0.1% decline, reaching $1.0998.
- The Japanese yen fell by 0.3%, amounting to 142.51 per dollar.
- The offshore yuan showed a 0.2% decrease, settling at 7.1570 per dollar.
- The Australian dollar witnessed a 0.4% drop, reaching $0.6778.
Cryptocurrencies:
- Bitcoin demonstrated a 0.4% increase, reaching $44,199.75.
- Ether experienced a 0.5% rise, reaching $2,260.15.
Bonds:
- The yield on 10-year Treasuries remained relatively stable at 3.90%.
- Japan’s 10-year yield increased by 3.5 basis points, reaching 0.620%.
- Australia’s 10-year yield advanced by two basis points, reaching 4.03%.
Commodities:
- West Texas Intermediate crude saw an increase of 0.8%, reaching $74.46 a barrel.
- Spot gold exhibited a slight rise of 0.1%, reaching $2,048.75 an ounce.
#StockMarket #CurrencyExchange #Cryptocurrency #BondsMarket #Commodities #MarketUpdate
- Japan’s Topix saw a positive move with a 0.5% increase.
- Hong Kong’s Hang Seng experienced a decline of 1.2%.
- The Shanghai Composite exhibited a modest rise of 0.1%.
- S&P 500 futures showed a 0.2% drop as of 2:28 p.m. Tokyo time.
- Nikkei 225 futures (OSE) and S&P/ASX 200 futures remained relatively unchanged.
- Euro Stoxx 50 futures recorded a 0.1% decrease.
Currencies:
- The euro experienced a 0.1% decline, reaching $1.0998.
- The Japanese yen fell by 0.3%, amounting to 142.51 per dollar.
- The offshore yuan showed a 0.2% decrease, settling at 7.1570 per dollar.
- The Australian dollar witnessed a 0.4% drop, reaching $0.6778.
Cryptocurrencies:
- Bitcoin demonstrated a 0.4% increase, reaching $44,199.75.
- Ether experienced a 0.5% rise, reaching $2,260.15.
Bonds:
- The yield on 10-year Treasuries remained relatively stable at 3.90%.
- Japan’s 10-year yield increased by 3.5 basis points, reaching 0.620%.
- Australia’s 10-year yield advanced by two basis points, reaching 4.03%.
Commodities:
- West Texas Intermediate crude saw an increase of 0.8%, reaching $74.46 a barrel.
- Spot gold exhibited a slight rise of 0.1%, reaching $2,048.75 an ounce.
#StockMarket #CurrencyExchange #Cryptocurrency #BondsMarket #Commodities #MarketUpdate
Key Economic Indicators and Potential Market Impact Today
1. Eurozone Consumer Price Index (CPI) (YoY) (December):
*Actual: 2.9%, Forecast: 3.0%, Previous: 2.4%*
Data on the Eurozone Consumer Price Index reflects the year-on-year inflation for December. If inflation figures fall below expectations, concerns about economic growth may arise, impacting the Euro (EUR) and potentially affecting European stocks.
*Potential Instruments: EUR/USD, Eurozone Stock Indices*
2. US Average Hourly Earnings (MoM) and Nonfarm Payrolls (December):
*Average Hourly Earnings: 0.3%, Forecast: 0.4%*
*Nonfarm Payrolls: 170K, Forecast: 199K*
Indicators of the US labor market, including wage growth and nonfarm payrolls, can influence the US Dollar (USD) and global investment activity. Figures surpassing expectations may strengthen the dollar and instill confidence in the US economy.
*Potential Instruments: USD pairs (e.g., EUR/USD, USD/JPY), US Stock Indices*
3. US Unemployment Rate (December):
*Actual: 3.8%, Forecast: 3.7%*
Changes in the unemployment rate provide insights into the overall state of the US labor market. A lower unemployment rate is generally seen as a positive signal for the economy and may support the US Dollar.
*Potential Instruments: USD pairs, US Stock Indices*
4. US ISM Non-Manufacturing PMI and Prices (December):
*ISM Non-Manufacturing PMI: 52.6, Forecast: 52.7*
*ISM Non-Manufacturing Prices: 58.3*
The ISM Non-Manufacturing PMI reflects the economic condition of the US services sector. A value above 50 indicates expansion, while below 50 suggests contraction. Figures exceeding expectations may support the US Dollar, while lower values could have the opposite effect.
*Potential Instruments: USD pairs, US Dollar Index (DXY), US Treasury Securities*
#Forex #EconomicIndicators #TradingNews #USD #EUR #StockMarket #Investing #Inflation #Employment #PMI #FinancialMarkets
1. Eurozone Consumer Price Index (CPI) (YoY) (December):
*Actual: 2.9%, Forecast: 3.0%, Previous: 2.4%*
Data on the Eurozone Consumer Price Index reflects the year-on-year inflation for December. If inflation figures fall below expectations, concerns about economic growth may arise, impacting the Euro (EUR) and potentially affecting European stocks.
*Potential Instruments: EUR/USD, Eurozone Stock Indices*
2. US Average Hourly Earnings (MoM) and Nonfarm Payrolls (December):
*Average Hourly Earnings: 0.3%, Forecast: 0.4%*
*Nonfarm Payrolls: 170K, Forecast: 199K*
Indicators of the US labor market, including wage growth and nonfarm payrolls, can influence the US Dollar (USD) and global investment activity. Figures surpassing expectations may strengthen the dollar and instill confidence in the US economy.
*Potential Instruments: USD pairs (e.g., EUR/USD, USD/JPY), US Stock Indices*
3. US Unemployment Rate (December):
*Actual: 3.8%, Forecast: 3.7%*
Changes in the unemployment rate provide insights into the overall state of the US labor market. A lower unemployment rate is generally seen as a positive signal for the economy and may support the US Dollar.
*Potential Instruments: USD pairs, US Stock Indices*
4. US ISM Non-Manufacturing PMI and Prices (December):
*ISM Non-Manufacturing PMI: 52.6, Forecast: 52.7*
*ISM Non-Manufacturing Prices: 58.3*
The ISM Non-Manufacturing PMI reflects the economic condition of the US services sector. A value above 50 indicates expansion, while below 50 suggests contraction. Figures exceeding expectations may support the US Dollar, while lower values could have the opposite effect.
*Potential Instruments: USD pairs, US Dollar Index (DXY), US Treasury Securities*
#Forex #EconomicIndicators #TradingNews #USD #EUR #StockMarket #Investing #Inflation #Employment #PMI #FinancialMarkets
The following events and indicators can impact the US dollar exchange rate this week:
1. Tuesday, January 16:
- Consumer Price Index (CPI) in Germany (m/m) (Dec): This indicator may affect the euro and, consequently, the dollar, as changes in inflation can influence the decisions of the European Central Bank regarding monetary policy.
2. Wednesday, January 17:
- China's Gross Domestic Product (GDP) (Q4): Economic data related to the Chinese economy can influence the demand for the dollar, especially considering China's significance in the global economy.
- Consumer Price Index (CPI) in the United Kingdom (Dec): The impact on the pound sterling can have repercussions on the dollar.
3. Thursday, January 18:
- International Reserves of the Central Bank of Russia (USD): This indicator may affect the ruble and the Russian market, subsequently influencing the dollar.
- Initial Jobless Claims in the United States: This crucial labor market indicator can influence the dollar's exchange rate.
4. Friday, January 19:
- Existing Home Sales in the United States (Dec): This indicator can provide information about the strength of the real estate market, potentially affecting the dollar.
#Forex
#Economics
#StockMarket
#GlobalEconomy
#USD
#ChinaGDP
#EUR
#Unemployment
#OilPrices
#HousingMarket
1. Tuesday, January 16:
- Consumer Price Index (CPI) in Germany (m/m) (Dec): This indicator may affect the euro and, consequently, the dollar, as changes in inflation can influence the decisions of the European Central Bank regarding monetary policy.
2. Wednesday, January 17:
- China's Gross Domestic Product (GDP) (Q4): Economic data related to the Chinese economy can influence the demand for the dollar, especially considering China's significance in the global economy.
- Consumer Price Index (CPI) in the United Kingdom (Dec): The impact on the pound sterling can have repercussions on the dollar.
3. Thursday, January 18:
- International Reserves of the Central Bank of Russia (USD): This indicator may affect the ruble and the Russian market, subsequently influencing the dollar.
- Initial Jobless Claims in the United States: This crucial labor market indicator can influence the dollar's exchange rate.
4. Friday, January 19:
- Existing Home Sales in the United States (Dec): This indicator can provide information about the strength of the real estate market, potentially affecting the dollar.
#Forex
#Economics
#StockMarket
#GlobalEconomy
#USD
#ChinaGDP
#EUR
#Unemployment
#OilPrices
#HousingMarket
Awaiting CPI data #CPIdata
In focus, the Consumer Price Index (CPI) data for January (consensus: 2.9%). The forecast suggests that the core index will drop to 3.8% year-on-year. Most likely, the actual inflation rates will align with expectations. However, the risk of surpassing the expected pace of growth in inflation persists, and the realization of this risk could lead to a correction in the S&P 500 below 5000 points. If the rounded increase in the core CPI is 0.2% month-on-month, the rally in the stock market may continue. In this scenario, particular attention is given to small-cap stocks, which are capable of demonstrating active growth.
Investor confidence in the Fed's return to control over inflation is evidenced by the fact that the total assets of the 10 largest U.S. exchange-traded funds specializing in inflation-linked bonds fell from a peak of over $99 billion in early 2022 to approximately $57 billion. They held roughly the same amount at the end of 2020, before U.S. consumer prices began to sharply accelerate. #Fedcontrol #inflation #stockmarket
In focus, the Consumer Price Index (CPI) data for January (consensus: 2.9%). The forecast suggests that the core index will drop to 3.8% year-on-year. Most likely, the actual inflation rates will align with expectations. However, the risk of surpassing the expected pace of growth in inflation persists, and the realization of this risk could lead to a correction in the S&P 500 below 5000 points. If the rounded increase in the core CPI is 0.2% month-on-month, the rally in the stock market may continue. In this scenario, particular attention is given to small-cap stocks, which are capable of demonstrating active growth.
Investor confidence in the Fed's return to control over inflation is evidenced by the fact that the total assets of the 10 largest U.S. exchange-traded funds specializing in inflation-linked bonds fell from a peak of over $99 billion in early 2022 to approximately $57 billion. They held roughly the same amount at the end of 2020, before U.S. consumer prices began to sharply accelerate. #Fedcontrol #inflation #stockmarket