Buy #Continenta, #Mastercard | 31 May 2019

Buy #Continenta, #Mastercard


#Continenta:


The increase in the cost of oil will have a positive impact on the value of shares of energy companies. OPEC production, geopolitical tensions and a weakening dollar have potential to bolster oil prices. US Iran friction heating up may also bring upside to oil prices as it would likely crimp supplies. Crude could get a boost from building speculation over extended OPEC production cuts as the oil cartel’s next meeting on June 25 in Vienna draws nearer. Global crude oil production has fallen by approximately 2.5 million barrels per day (mb/d) since the start of the year, primarily due to a reduction in OPEC supply. This is a positive signal for the oil market.


Trading recommendation: Buy 38.05 and take profit 39.12.


Buy #Continenta, #Mastercard


#Mastercard:


The University of Michigan consumer sentiment index rose to a 15-year high in May. This is a positive factor for the U.S. economy. Payment systems will receive additional income. The return on equity of MasterCard is 101%. “This is a unique company” – said the legendary Warren Buffett. The value of the company's shares has increased by 35% since the beginning of the year. MasterCard shares are the best on the market! The trade war between the US and China will not prevent the company from receiving a high income.


Trading recommendation: Buy 248.92 and take profit 254.14


Buy #Continenta, #Mastercard


#Boeing:


Orders for non-defense aircraft plunged 25.1% after rising 7.8% in March. Boeing reported receiving only four aircraft orders in April, down from 44 in March. The trade conflict between the US and China is a negative factor for the airline. Boeing received a large volume of orders in China in 2018. Trade war will leave the company without income. Shares of the world's biggest planemaker have fallen nearly 15% since the fatal crash of an Ethiopian Airlines 737 MAX jet in March, erasing about $40 billion in market value. We are waiting for a new reduction in the share price.


Trading recommendation: Sell 359.85 and take profit 354.12.

 

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:

Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .