Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
The positive momentum on Wall Street continues, with the S&P 500 jumping 1.5%, the Nasdaq climbing 1.7% and the Dow Jones 1.4%.
Dario Health’s jump moderated slightly but still stands at an impressive rate of about 19%, riskpayed jumping above 7%, Compugen Increases by 6% andLemonade At 5%. IceCure, on the other hand, continues to lose ground and erases 10% of the battle, and Zim and Biomix are down nearly 4%.
Pharmacy chain Walgreens Leaps after announcing fourth.quarter earnings rose significantly thanks to the corona vaccines it granted (13.5 million vaccines, almost double its forecasts). The company also reportedly focused on healthcare and announced it would invest $ 5.2 billion in VillageMD, a primary care company that develops clinics in Walgreens stores.
The commodity market continues to rise: US crude oil (WTI) rises to $ 80.8 a barrel, and advanced Brent oil to $ 84.5 a barrel.
European stocks closed higher. The Dax and Kak indices were up 1.3%, and Potsey was up 0.9%. The other stock exchanges in the bloc also showed a positive trend, with the highest increase tonight (1.7%) in Amsterdam.
The crypto market has seen slight gains, with Bitcoin trading above $ 57.4 thousand. Etherium strengthens by 10% and rises to a level of $ 3,800 per unit, Polka.Dot jumps by 16% and occupies the eighth place in terms of market volume among cryptocurrencies with a value of about $ 40 per unit.
In the United States, the weekly crude oil inventory was published, which rose by more than 6 million barrels, while the market was expected to add only about 700,000 barrels. In the week before that, the inventory rose by 2.3 million barrels.
The Oppenheimer investment house has raised the target price for the company Inmode The company: “The company announced strong preliminary results for the third quarter of 2021, in light of strong momentum in demand for its products even during the summer period, which is traditionally characterized by weak seasonality, with a significant surprise of 37% in revenue and 57% in profitability compared to our forecast. Revenue for the entire 2021 range is $ 343.347 million, mid.range of about $ 345 million, above the expectation of $ 310 million. Over the years and an unmet need, such as the field of women’s health, the preliminary results continue to strengthen our positive thesis towards the company. “, Based on a multiplier of 40 for the 2022 profit forecast and a valuation according to DCF”, the review said.
The declines in Wall Street continue, with the top three indices strengthening by 1.3%.
Among Israelis, the rise of Iron Source has moderated, but Dario Heath continues to climb and is already soaring by 21%. Risked Costs almost 6%, US Fuel At 4.3%. On the other hand, IceCure Medical Loses 9%.
Iron Source The Israeli reported its first acquisition since it went public: The company announced that it had entered into an agreement to acquire the US advertising and digital media company Tapjoy for $ 400 million. The company’s share is up about 7%.
The Israeli one too Dario Heath , Which specializes in digital health services, flew 17% following its announcement that it had signed an agreement with one of the largest nationwide health insurers in the United States, to provide its customers, employers who insure their employees independently, with Dario’s digital behavioral health solution. Primary insureds are expected to join the platform in the fourth fiscal quarter of 2021, with additional insureds recruiting which is expected during 2022. Dario will receive a monthly payment for insureds who have access to the platform.
Trading on the US stock markets opened sharply higher today. The Dow Jones jumped 1.2% and the Nasdaq and S&P 500 climbed 0.9%. Trading in Europe is also rising strongly: Kak is up 1.3%, Dax is up 1.2% and Potsey is up 0.9%. Stokes 600 jumps by 1.1%.
Stock Bank of America Increases by 3% after the publication of the reports.
The number of initial unemployment claims in the U.S. last week was lower than expected and stood at 293,000, compared to forecasts for 318,000 unemployment claims.
Bank of America It reported earnings of 85 cents a share last quarter, up 14 cents above analysts’ expectations. The bank’s revenues totaled about $ 22.9 billion, compared to expectations of $ 21.8 billion.
Dario Heath Operating in Digital Health Services (DTx), announced today that it has signed an agreement with one of the largest nationwide health insurers in the United States, to provide its customers, employers who insure their employees independently, with Dario’s digital behavioral health solution as part of its offering to its clients. . Primary insureds are expected to join the platform in the fourth fiscal quarter of 2021, with additional insureds recruiting which is expected during 2022. Dario will receive a monthly payment for insureds who have access to the platform.
Erez Rafael, CEO of Dario, said: “This significant agreement is an important milestone for Dario and has the potential to generate millions of dollars in annual revenue for the company. We believe that this partnership is just one of a variety of many potential opportunities with this client and in general. ”
The yield on 10.year US government bonds drops slightly to about 1.54%. In Europe, stock indices rise by 0.7% .0.8%.
The euro strengthened by 0.2% and the pound sterling by 0.4% against the dollar.
The trading day on the European stock exchanges opened with slight increases in the stock indices. Also in futures trading on Wall Street the trend is positive with slight increases.
In Tokyo today, the Nikkei index rose by about 1.5%.
Oil continues to advance and a contract for Brent crude oil rises by about 1% to $ 84 a barrel. Bitcoin is also climbing and trading around $ 57,700.
Trading in Asia is taking a positive trend this morning, led by the Nikkei in Tokyo, which is up 1.2%. Also in futures trading on Wall Street the trend is positive with slight increases.
Oil continues to advance and a contract for Brent crude rose 0.8 percent to $ 83.7 a barrel.
In China, it was announced today that the producer price index rose by 10.7% in September compared to September last year. Economists expected a 10.5% increase.
On Wall Street last night trading ended in a mixed trend. The Dow Jones Industrial Average remained stable while the Nasdaq rose 0.7 percent. The yield on 10.year US government bonds fell to 1.55 percent.
The Fed is considering starting to reduce its $ 120 billion monthly bond purchase program from November, and even complete its asset purchases by mid.next year, assuming the economy continues its recovery campaign. .21.22 September published last night.
The Fed currently buys $ 120 billion in assets each month – $ 80 billion in government securities, and $ 40 billion in mortgage.backed securities. The bond purchases were a key part of the Fed’s effort to drive growth in the face of the corona plague, and the reduction in monthly purchases came amid half.inflationary pressures. The reduction process will be done gradually, starting at about $ 15 billion.