Global Payments Inc. (NYSE:GPN) dropped to a new 52-week low of $66.90 on Monday after Wells Fargo slashed its price target from $105.00 to $77.00. The firm issued an "equal weight" rating. Shares last traded at $67.22, down from the prior close of $69.46, with over 1.25 million shares changing hands. Several other analysts also revised their targets. Barclays reduced its price from $125.00 to $110.00 and maintained an "overweight" rating. Citigroup cut its target slightly from $138.00 to $135.00 while retaining a “buy” recommendation. Morgan Stanley followed suit with a target cut from $166.00 to $163.00 and kept an “overweight” stance. Evercore ISI began coverage with an “in-line” rating and set its target at $85.00. Meanwhile, Robert W. Baird lowered its price objective significantly from $145.00 to $100.00 while keeping an “outperform” rating. MarketBeat data shows that 15 analysts currently rate the stock as a hold. Eleven analysts recommend buying, and one has issued a sell rating. The average consensus price target now stands at $117.36. Technical Analysis The daily chart highlights a sharp sell-off with high volume in April, pushing GPN below critical support. The price failed to hold the $92 level, breaking down with a gap and falling into oversold territory. Moving averages point to downward momentum. The 50-day, 100-day, and 200-day moving averages all hover above the current price. RSI currently sits at 32.27, close to the oversold threshold. A minor bounce has occurred from the low, but resistance near $92 could cap gains. If selling pressure resumes, the price may revisit $66 or break lower towards $60.
Key remount of the QQQ. We are over the 9ema and 20sma now and testing a huge supply zone that we need to eat thorugh. This ownt be easy as this 470 level is a huge supply but this can be the start of something. A couple days of chop here while we grind under the supply zone could set us up for higher prices. They key is to see how we react into this zone as the first test into that 470 we might get rejected in absence of news but we need the see the nature and structure of that pullback. We are by no way means out of the bear market this is a traders market but there are some green shoots. The market is shrugging off bad news and the trump team is trying to keep this market afloat by anymeans!
As evident from the chart, the drastic ups and downs triggered by tariffs this month have persisted, with the number of days seeing gold fluctuate by over $100 surpassing the historical total. Any speech, statement, or even minor move by Trump can sway market direction. We believe this essentially constitutes market manipulation, even transforming the market into a "battlefield" for the U.S. government to siphon off capital. However, since we cannot alter the status quo, we can only choose to accept it. Currently, gold has entered an adjustment phase, and market trends could reverse at any moment due to a single news event. During this period, we need to stay calm, observe more, think critically, and carefully assess market dynamics.
CBOE is a stock that has held up unusually well during the tariff tumult lately. It's not that surprising - they benefit from all the hedging that everyone is doing with options. It hasn't really done much substantively since September, call it a 7+ month consolidation after a 75% run-up from March of '23 to September of '24. That "nothing" is something for the trading I do, that benefits from "noise" rather than trend. I have traded CBOE multiple times over the last few months and unsurprisingly, given the chart and CBOE's history, they've all been wins. Historically, this trading method is 394-0 (real and backtested trades) on CBOE, so I expect a win, even in this difficult market situation. The average gain is a little over 1% in an average of 8 trading days - that's .13% per day or about 3x the average historical daily market return. It's not a flashy trade, but it has always been a profitable one, so I"m taking it here. Another plus is 4 consecutive down days, which usually is a good short term contrarian indicator. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will probably use FPC (first profitable close) to exit any lot on the day it closes at any profit, though depending on how things go, I may let it run a little. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Thursday 24th April 2025 Monthly Index Chart I've been watching this and at the start of the month the current TD Green 1 candle was a TD Red 2 which was bearish which has now turned bullish! We are still in the channel so we are still overall in a bullish trend. The support line at $72k has held. This could be a sign it might be the right time to get back in and start accumulating again. Buy dips with extreme prejudice. Time to be in like Flynn. The 9 Month MA has held as support. Money flow is decreasing, to the zero line, but may turn. BTC ETF inflows are curling up where as at the start of this month there was massive selling the first 10 days. Hashrate continue to climb but no buy signal or miner capitulation since July 2024. MACD is still climbing. VZO PZO still in a firm bull trend. CCI has cooled off but looks like it wants to curl back up. Overall I am still bullish and it appears BTC has turned a corner. Keep sailing the high seas crypto pirates. Snake Plissken signing out.
I drew lines between each year connecting each month one year at a time using rays so that the lines would continue on through the chart. I was hoping this would give me some indication of a pattern or view on the chart that would reveal something ideal to see into the future. ...I do see one tiny pattern. At the beginning of 2022 the previous early months rays were ascending but by the second quarter the rays were descending. That is the same thing that happened this year. The hopeful becomes the hopeless. Are we in for a horrible Ethereum year?
EUR Futures Asset Managers: Strongly net long and continuously increasing since December 2024 → a clear sign of institutional confidence in the euro. Leveraged Money: Also rising, moving from net short to net long → sentiment reversal even from speculators. ✅ Interpretation: Both institutional categories are bullish on the euro, suggesting potential upward support for EUR/USD. USD Index Futures Asset Managers: Decreasing since the end of February → reducing long exposure on the dollar. Leveraged Money: Recovering from net short, but still uncertain → mixed sentiment. ⚠️ Interpretation: The dollar is structurally weakening. This reinforces the bullish bias on EUR/USD. ? Technical Analysis – EUR/USD Weekly Chart Current price: 1.13150, right in the middle of a weekly/monthly supply zone, marked by upper wicks → clear seller presence. Price has made a strong rally from 1.03600, breaking through all intermediate supply zones. RSI: Slightly declining after previously reaching overbought territory. ? Key levels: Major support: 1.1000–1.1080 Structural resistance: 1.1350–1.1450 (current zone) ? Technical Scenario: If price holds above 1.1250, we could see an extension toward 1.1500. If it breaks below 1.1200, a pullback toward 1.1080–1.1000 is likely. ✅ Trade Summary: COT bias: Bullish EUR/USD → strong EUR, weakening USD Technical: Watch price behavior in the 1.1350 zone → if rejection continues, expect a technical retracement before potential continuation. ? Potential Setups: Long on pullback toward 1.1080 Breakout long above 1.1450 → targeting 1.1600 Short-term short if bearish price action appears in the current zone
nasdaq e-mini futures comment: Until bears close the gap down to 18500, this is bullish, no doubt about it. I just think that we have seen 3 legs up and we are at big resistance. There is a chance that we have see the high today for this bull leg in what is likely a bigger trading range or still a very small chance of the continuation of the bear trend. Tomorrow will likely be key for this week. If we find acceptance above 18700, no reason not to run all the stops up to 19400. Below 18700 last chance for the bulls is defending the bull gap 21600 and below we go down hard again. current market cycle: trading range, triangle on the daily chart - that is dead once we go above 19400 key levels: 17800 - 19500 bull case: Bulls want to test the 50% retracement and run all the stops up to 19500. That is the only price that matters for them. That would mean we are making higher highs again and this bear trend is over for good. There really isn’t much more to it right now. Bulls just can’t let the market fall below 18600 or today’s rally was indeed the bull trap I expect it to be. Invalidation is below 18600. bear case: Bears want a lower high below 19388 and continue inside the triangle. If they can make lower lows again, the momentum would be dead and only really good news could help the bulls. Right now I prefer the triangle structure we are in and favoring the bears to trade back down to at least 18400 tomorrow/Friday. Above 19000 I don’t think many bears will hold short and hope that 19165 remains resistance. Invalidation is above 19000/19170. short term: Neutral at 18900. Bearish only below 18700 and how strong the move is. Bullish above 19000 for 19165 retest and maybe much higher to 19500. medium-long term - Update from 2024-04-20: My most bearish target for 2025 was 17500ish, given in my year-end special. We had the clear W1 and W3 but now it’s messy. Only a big tariff agreement news can move the markets and that can go either way. You have no edge in guessing what will happen, so having huge swing positions right now does not make much sense. If earnings go bad, we will go much lower. What is the next big support to be hit? The lows of 2022 at 12565. Can we really get there? With a deep recession and some bigger failings, sure but for now it’s unrealistic to expect it. trade of the day: Long since Globex open but the selling above 19100 was a big warning and then market let the bulls out with a higher high but that was is. Easiest move was either holding long on Globex open or buying the double bottom 18630 with stop below the gap down to 18400ish.
“Bulls Are Alive, But Not Rushing – Gold Builds in Discount Trenches ?️?” ? Macro + Context HTF Bias: Still bullish. Daily candle shows strong rejection wick from below 3280 → bulls defending structure. LTF Flow: Bearish → Clean CHoCH + BOS chain (H1–M15) from 3455 ATH zone → currently building base. Current Price: ~3294 RSI: Starting to climb from oversold on M15–M30 → first hints of a potential shift. ? Confirmed Structural Updates ? Sell Zones (Premium) Zone Range Type Confluences ? 3450–3455 ATH Supply HTF OB + 1.618 Fibo Liquidity + Rejection Block ? 3414–3422 NY Session OB Retest Zone M30 OB + Last Reaction High ? 3380–3395 Flip Zone H1–M30 Rejection Block EMA Lock + FVG + CHoCH ? Buy Zones (Discount) Zone Range Type Confluences ? 3280–3288 LTF Demand Reentry Zone M5-M15 OB + Recent Wick Defense ? 3220–3235 HTF Demand Stronger Demand Zone H4 OB + D1 EQ zone + Weekly Pivot ? 3170–3190 Extreme Discount Long-Term Zone Untapped FVG + D1 OB ⚙️ Current Price Action ?Price rejected perfectly from the 3260s → defended with strong wick, now reclaiming M15 internal CHoCH. ? M5 showing micro BOS + reclaim of 9EMA → potential for bullish continuation toward 3320–3333. ⚠️ Flip Zone at 3380–3395 remains a major short-term decision level. If price breaks above it, we’ll be in recovery mode toward 3415. ? Session Outlook Buyers in control short-term if price holds above 3280. Next key reaction expected at 3320–3333 minor resistance → if broken, bulls might retest 3385+. Sellers may reengage hard at 3380–3395 or above (3422, 3455). ? Smart Money Snapshot ? Liquidity swept below 3280 = engineered low ? Internal CHoCH on M5 confirmed → LTF bullish short-term ? Next sell interest likely around 3385 or 3415 unless HTF flips bullish again XAUUSD – News & Risk Preview for April 24, 2025 Claims & Chaos???? ? What’s Coming: ? Unemployment Claims (USD) – 14:30 UTC+2 ➤ Expected spike in volatility. Watch for algo-driven whipsaws if numbers surprise (especially under 200k or above 250k). ➤ Low claims = strong USD = potential XAU drop. ? Tactical Advice for Thursday: Avoid full-size entries→ spikes can violate structure briefly before returning. Focus on reaction-based trades: let price show direction after the event, then join. Best plan: pre-mark levels now, react later. ?️ Final Note This market update reflects structure-only precision, no emotional bias. If bulls want back in, 3280–3290 is the launchpad. If not, sellers are watching 3385+ like hawks. ?
Saia Inc. (NASDAQ:SAIA) is expected to release its first-quarter earnings soon, drawing investor attention amid recent downward revisions in analyst estimates. Wall Street forecasts earnings of $2.77 per share, marking an 18.1% decline from the same quarter last year. Revenue is projected to increase by 7.3% year-over-year to $810.08 million. Over the past month, consensus EPS estimates have been revised down by 7.6%, reflecting a shift in analyst sentiment. These estimate changes are often used as signals to predict short-term stock movement. Beyond the top and bottom lines, analysts have modeled key metrics to provide deeper insight into the company's performance. The operating ratio, a critical efficiency indicator in the transportation sector, is projected to rise to 87.6% from 84.4% a year earlier. A higher ratio suggests an increase in operating costs relative to revenue. Analysts also expect Saia’s Less-Than-Truckload (LTL) revenue per hundredweight to drop to $24.75 from last year’s $26.51, signaling potential pricing pressure. Saia stock has declined 14.4% over the past month, underperforming the S&P 500’s 8.9% drop. The stock currently holds a Zacks Rank #3 (Hold), suggesting performance in line with the broader market. Technical Analysis Saia’s share price has broken below a key support level at $360, continuing a bearish trend. The next support lies near $258. All major moving averages are above the current price and sloping downward—50-day at $447, 100-day at $458, and 200-day at $404—confirming the downward momentum.