Forecasts & Analysis |

Housing starts surge to a 15-year high

USD/CAD declined below the support at 1.2525 and is testing the next support level at 1.2500.

United Airlines Holdings, one of the largest airlines in the world, is expected to report a loss for the fifth consecutive time of $6.91 in the first quarter of 2021 on April 19 as the aviation service provider continues to be negatively impacted by the ongoing COVID-19 pandemic and renewed

Shares of mRNA-based COVID-19 vaccine producers gained strong upside momentum in recent trading sessions.

Gold had a good day yesterday, but as it hits the $1,770 resistance line, it will be anything but easy for the yellow metal. The real test has begun.

The recent rally in the bond yields pushed gold prices down, but this trend won’t continue forever, as the Fed will likely be forced to step in.

PNC shares rose about 3% on Friday after the financial services company reported better-than-expected earnings in the first quarter of this year and said its profit rose on significant provision recapture, reflecting improved macroeconomic expectations.

Silver settled above the resistance at $25.85 and tried to settle above the next resistance at $26.25 – $26.30.

Morgan Stanley raised their stock price forecast on UnitedHealth to $515 from $462 and said conservative guidance around utilization and acuity trends should pave the way for more upside later in the year.

“Other than my Cincinnati Bengals breaking my heart, few things are more consistent than stocks higher in April.”