Coca-Cola reaching major supply zone
Coca-Cola (KO US) is reaching major supply zone 62.70-64.99 . Keep an eye at that level. Source : Bloomberg
MacDonald reaching strong support demand zone
MacDonald (MCD US) is reaching strong demand zone 245-262. Long term trend remains bullish. Keep an eye at this important level. Source : Bloomberg
US earnings season update >>>
Double beats are being rewarded by less than the historical average while double misses are being punished by more than usual. Source: BofA
Quote by Peter Lynch
Source: Invest In Assets 📈
Beware tesla shorts... the short interest is at 3-year high
Source: Bloomberg, www.zerohedge.com
Goldman Sachs is pounding the table on AI energy theme, and pitching uranium miner cameco ($CCJ) as top commodity idea for the space.
Source: www.zerohedge.com
Global crypto funds just recorded 3 consecutive weeks of outflows for the first time ever.
Over the last 3weeks, total crypto fund outflows were $767 million. Last week alone, ~$435 million of crypto assets were removed from these funds, the most since late March. The majority of the outflows were recorded in Bitcoin which saw $423 million of fund withdrawals. Meanwhile, Bitcoin is down 12% in April but is still up 48% year to date. Crypto is taking a breather. Source: The Kobeissi Letter, CoinShares
Projected Q1 earnings for the S&P 500 ex-Mag 7 (left-hand chart) vs. Projected Q1 earnings for the Mag 7...
Source: Bloomberg
