stocktrader

Oil price outlook: ‘we’ll see prices push a little higher from here’

Oil is trading at its year-to-date high of $83 and change per barrel on Thursday but a Kpler analyst is convinced that it’s not out of room to run just yet. Why does he see more upside in oil prices? Matt Smith agrees that it might not be a linear increase but strong demand, he… Continue reading Oil price outlook: ‘we’ll see prices push a little higher from here’

Delta Air Lines earnings: ‘we’re getting ready for a strong summer’

Delta Air Lines Inc (NYSE: DAL) is trading down this morning after reporting earnings for is fiscal first quarter that came in slightly below the Street estimates. Delta Air Lines issues strong guidance On the plus side, though, the air carrier now expects record revenue in its current financial quarter. Per-share earnings, it added, will… Continue reading Delta Air Lines earnings: ‘we’re getting ready for a strong summer’

ContextLogic: Wish stock has more downside but don’t short it

ContextLogic (NASDAQ: WISH) stock price has crashed to a record low as investors remain concerned about the company’s future. The parent company of the popular Wish.com, dropped to an all-time low of $7.8, bringing its market cap to over $185 million. The implosion of Wish.com continues Wish.com is a leading e-commerce brand known for its… Continue reading ContextLogic: Wish stock has more downside but don’t short it

Novogratz: Long gold, euro and bitcoin as ‘clearest trades’

Novogratz is bullish on Bitcoin and Ethereum, and gold and the Euro. As the broader market looks for a clear path amid recent macroeconomic events, including the mayhem witnessed after major bank collapses, Galaxy Digital CEO Mike Novogratz offered his outlook for what could be the best trades in the year. Why bitcoin, gold and… Continue reading Novogratz: Long gold, euro and bitcoin as ‘clearest trades’

AltSignals (ASI) presale overwhelms in the first phase. Is this a good opportunity?

AltSignals (ASI) has been a buzzword lately. However, for traders, it is one of those tokens making entry into a space only at its nascent stage – algorithmic trading. $ASI is the native token that will power AltSignal’s artificial intelligence platform for traders. $ASI is only at its first presale stage, with over 48% of… Continue reading AltSignals (ASI) presale overwhelms in the first phase. Is this a good opportunity?

Lloyds share price target lifted ahead of bank earning season

Lloyds (LON: LLOY) share price dropped sharply on Thursday even after the encouraging UK GDP numbers. The shares dropped to a low of 47.95p, which was ~11.20% below the highest point this year. Focus now shifts to the upcoming bank earning season. Bank earnings season The biggest bank and finance news of the weel will… Continue reading Lloyds share price target lifted ahead of bank earning season

Metacade (MCADE) goes live on Uniswap. More listings expected in April

After a successful presale, Metacade (MCADE) has now listed on the decentralised exchange Uniswap. The gaming platform raised over $16 million during the presale, which ended recently, showing investors’ interest in the gamefi ecosystem.  The listing on Uniswap was the first and occurred on April 6. More listings, including on centralised exchanges, are expected this… Continue reading Metacade (MCADE) goes live on Uniswap. More listings expected in April

CAC 40 index: sky is the limit as Kering, LVMH stocks flies

The CAC 40 index jumped to a record high on Thursday as investors cheered the strong performance of LVMH, the biggest European company. The index, which is made up of the biggest European company, jumped to a high of €7,453, which was about 32% above the lowest level in December. LVMH stock price surges The… Continue reading CAC 40 index: sky is the limit as Kering, LVMH stocks flies