Fomento Econmico Mexicano (FMX:NYSE)

Recently, FMX, a leading company in digital and financial solutions, announced the completion of its acquisition of Netpay. This move is essential to the company’s growth in the Spin sector, as it reinforces its ecosystem. Along with this, FMX is also keen on returning capital to shareholders, with an impressive Payout Ratio of 55.30%. The company also boasts strong institutional backing from Blackrock and Dimensional Fun Advisors, with Blackrock holding a position of over $160 million. 

These entire factors make FMX a bullish investment above $84.00-$85.00, with an upside target of $115.00-$120.00. These recent developments show that FMX is a company that is steadily moving towards growth and success.

Floor & Décor Holdings (FND:NYSE)

If there’s one thing that Warren Buffett knows, it’s how to pick a good stock. FND, one of his favorites, has caught the attention of investors everywhere for its unique offerings and impressive profit margins. With 4,000 products in its warehouses that competitors like Lowe’s and Home Depot don’t carry, FND has set itself apart in the crowded home improvement market. 

What’s more, FND’s gross profit margin is around 40%, compared to its competitors’ 33%. As if that weren’t enough, FND plans to open 500 more stores, which could increase earnings by a whopping 19%. It’s no wonder we’re bullish on FND above $79.00-$80.00, with an upside target of $130.00-$135.00.

BTC/USDT

BTC dropped by $2,500 over the last three days, from a high of just under $30,000 on Saturday to a low of about $27,600 this morning. 

BTC has currently found support near $27,800, and there is a possibility that it may turn around and rally to test $28,650. On the daily chart for BTC, lower highs have been seen over the past month. If it doesn’t surpass $30,500, further declines could follow. 

The price may fall to the following support levels at $27,200 or $26,619 if the $27,800 level is broken, or it may even approach the significant support range between $24,000 and $25,200. The 200-week moving average, which is located at about $26,100, will provide extra support if the price reaches there.

ETH/USDT

For ETH, anything below $2,000 carries a danger to the downside. So, it looks like the price will continue to trend down towards the $1,700 mark. 

A tag of $1,700 will likely lead to a bounce, but it’s what happens after that bounce that matters the most. If you see a higher low off of the bounce, it’s likely going to break $1,700. 

However, the most likely scenario would be for ETH to remain in the $1,700–$2,000 level.