Brazil ETF (EWZ) Testing Resistance: Time to Take Profits?
📈 The ETF has reached a key resistance area after a recent upward move.
⏳ Momentum indicators (ADX) still show strength, suggesting the upward move might have more room, but confirmation is needed.
🔄 Two likely scenarios: a consolidation below resistance before a potential fall, or a break above resistance followed by a retest as support.
Procter & Gamble at Support: A Conservative Trade Opportunity?
📊 The stock is currently situated at the lower end of a trading channel and near a significant historical support zone.
⚠️ A tight stop-loss around 3.5-4% below current levels is recommended due to the risk of breaking long-term support.
⚖️ The potential upside to resistance offers roughly a 1:1 risk/reward ratio, positioning it as a conservative trade idea needing confirmation.
YPF Facing Headwinds Despite Market Buzz
⛽ Potential fuel price cuts could impact revenue streams, though the exact effect on the stock remains debated.
📉 The stock is currently in a corrective phase, lagging behind banking sector peers in the Merval index.
⏳ While showing resistance to upward movement, long-term entry might be considered, but requires careful monitoring and a stop-loss strategy.
Honeywell Beats and Raises, But Cautious on Outlook
📈 Honeywell reported strong Q1 earnings, beating analyst estimates with adjusted EPS of $2.51 (vs. $2.21 avg est.) and raising its full-year EPS forecast midpoint by 5 cents to $10.20-$10.50.
📊 Sales increased nearly 8% year-over-year to $9.8 billion, also surpassing analyst expectations of $9.6 billion.
⚠️ Despite the positive results and raised guidance, Honeywell expressed caution about the future, slightly reducing the upper end of its sales and margin forecasts due to the unpredictable global demand environment caused by tariffs.
UPS Beats Q1 But Pulls Guidance Amid Uncertainty
📦 UPS reported better-than-expected Q1 results, leading to a premarket stock increase of 1.43%.
❓ The company retracted its full-year 2025 financial forecast, citing macroeconomic uncertainty and challenges posed by Trump's tariffs impacting the package delivery market.
📉 This decision mirrors actions by other companies like Tesla and highlights widespread uncertainty among US businesses regarding the impact of trade policies and global economic volatility.
Spotify Growth Strong, But Is It Overvalued?
📈 Spotify reported stronger-than-expected subscriber growth in Q1, reaching 268 million, surpassing both company projections and analyst estimates of 265 million.
🎧 This growth demonstrates the success of Spotify's strategy to expand beyond music into audiobooks and podcasts, attracting more users even with price increases.
💰 Despite positive operational results and meeting revenue expectations (€4.2B), the stock fell, potentially due to its high valuation (around 50x forward earnings) relative to its 12% subscriber growth rate.
PayPal Earnings Miss Sparks Concern
📉 PayPal reported mixed Q1 earnings, missing estimates on key metrics like payment volume ($417B vs $419B expected) and net revenue ($7.79B vs estimates).
📊 Adjusted earnings per share were $1.33, slightly below the $1.31 estimated by some, though above the $1.16 consensus mentioned. Transaction margin slightly beat expectations (37.5% vs 37.4% est.).
💸 Full-year guidance midpoint for free cash flow seems slightly below expectations, and CAPEX is projected higher than estimated, raising questions about spending efficiency.
Boeing Back in China’s Good Graces?
🇨🇳 China expressed willingness to support normal cooperation with US companies, specifically mentioning Boeing, just days after Chinese airlines rejected new aircraft deliveries.
📉 Both Chinese airlines and Boeing have been severely affected by Trump's tariffs, which disrupted the global air transport market.
🤝 This move is seen as a potential olive branch from China, aiming for a stable trade environment despite recent retaliatory tariffs that could have doubled aircraft costs.
SAIA’s Big Bet: Can Aggressive Expansion Fuel Growth?
🚚 Saia is making significant investments, likely related to acquiring and integrating terminals from the bankrupt Yellow Corporation, leading to unusually high CAPEX.
💰 This aggressive spending has temporarily crushed free cash flow, resulting in a very low FCF yield (around 1%), despite continued revenue growth.
📊 The company maintains low debt and has a history of share issuance (structure needs clarification), but the current valuation seems high relative to the depressed FCF, making it an interesting but potentially risky situation.
Parker Hannifin: The Diversified Industrial Powerhouse You Need?
🏭 Parker Hannifin boasts a well-diversified portfolio across critical sectors like Aerospace & Defense (35% of sales), Industrial (20%), Transportation (15%), and Energy (8%).
💡 The company's refrigeration segment (4% of sales) could benefit from the growing AI market due to data center cooling needs, adding a potential growth vector.
📈 Despite organic sales declines in some diversified industrial segments, overall margins are improving, and the aerospace division shows strength.
