Source: PaxForex Premium Analytics Portal, Fundamental Insight First-quarter earnings seasons will kick into high gear this week, with results so far mixed. Several financial companies reported solid results while the technology sector struggles as expected given the rising interest rate environment. Traders should brace for volatility over the next three weeks as most companies announce their financial results and offer guidance for the second quarter and 2022. Traders should pay attention to debt levels and cash reserves and consider...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The emblematic global restaurant chain McDonald's is actively recovering after a pandemic crippled sales two years ago. The company is thriving as consumers seek comfort and affordability, two things that some 40,000 restaurants around the world offer in abundance. Understandably, investor interest increases as the company's operating performance enhances. Let's take a look at McDonald's prospects, dividends, and valuation, and decide whether investors should...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Bearish pressures on the cryptocurrency sector remain, mirroring global equity markets, confirming its tight correlation. While Bitcoin and Ethereum are set to lead the sector lower, numerous cryptocurrencies provide long-term traders with attractive buying opportunities. Ripple emerged as one candidate presenting fewer downside risks than many crypto assets while offering attractive upside potential. The ongoing SEC lawsuit put it out of favor with many investors and kept...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors have been increasingly interested in Amazon over the past month after the e-commerce and cloud computing giant announced that it would make a 20-to-1 stock split on June 6. As we know, stock splits often intrigue investors because they result in a lower price per share, making it technically easier for a wider range of people to buy the stock. But these days, such events are less important, as many brokerage accounts allow investors to buy fractional shares. More...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Global financial markets remain under pressure, including the cryptocurrency sector, where Bitcoin and Ethereum could lead the ongoing sell-off. Some coins show pockets of strength following their respective sell-offs. Litecoin has approached its psychological support level of 100.00 after correcting from its multi-week peak above 133.00, which briefly pierced the bearish Ichimoku Kinko Hyo Cloud. Long-term hodlers took it as an opportunity to add to their Litecoin holdings,...
