“Stock Market Office: FAANGs, American Regional Banks, and Analysis from Apta Negocios’ Roberto Moro”

The stock markets have key references ahead of them that are going to influence one way or another, such as the decision of the Federal Reserve, the European Central Bank and the warning from the United States Secretary of State, Janet Yellen, about the lack of liquidity if the spending ceiling is not suspended before June 1. Roberto Moro, an analyst at Apta Negocios, believes that the FAANGs, the large US technology firms, “look good”, especially Apple and Microsoft.

Listen here to the complete office with Luis Vicente Muñoz:

The situation is complex for American regional banks which are suffering sharp cuts in the stock market after the fall of Silicon Valley Bank, Signature Bank and, most recently, the First Republic, which has fallen into the hands of JP Morgan.

Business results, however, are beating forecasts, especially in technology firms. Apple, that this week presents results, and Microsoft “They are the two FAANGs that I like the most by far,” he says. They have “very good technical look”.

To questions from Capital Radio listeners, Moro has analyzed the titles of IAG. believes that “It could be a good option above 1.74 euros, although you have to watch the levels”.

Unicaja, Caixabank and Sabadell “only for speculative positions” because the European banking sector does not encourage position taking, he says.

Mapfre “it has an ugly technical aspect”, but it could also lead to a forceful rebound.

French automobile Renault has an “ugly sequence” with decreasing highs and the German Porsche, Technically it’s very bad.

About Solaria He points out that “it has a very bearish graph” and it is normal for it to continue falling.

golden minute

In the Golden Minute, Roberto Moro has selected to buy: Meta, General Electric, Apple, Microsoft, ArcelorMittal and IAG and for shorts, Repsol, Inditex, Solaria.