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In our weekend digest, we summarize the best pieces published from the working week. These can be read in full by clicking on the link over the name/ticker.

Editor’s Picks – Top Rated April Buys

Bank Earnings Review –14/04/22

Jesse provides a handy summary of the financial earnings from Q1 for the leading US banks. These include Wells Fargo, Goldman Sachs, Morgan Stanley and Citigroup.

Top US Energy Stocks – 14/04/22

Robert runs over the top rated energy stocks in the US. These are complied using analyst data from Bloomberg, as well as including median price targets that can be used to form trade ideas.

Stocks – All About Elon

Twitter (NYSE:TWTR) – 14/04/22

Elon Musk has proposed to acquire all of Twitter stock (NYSE:TWTR) not owned by the reporting person for all cash consideration valuing stock at $54.20 per share. This has sent Twitters pre-market price to $54 from $46.

If Twitter reject this offer, the share price will likely crash back to original levels providing a good short opportunity. Tesla took a dip on this news falling $16, now just above the $1,000 mark. If Elon Musk does do a takeover of Twitter, it would likely send Tesla lower on concerns over the CEOs time and focus.

PolarityTE (NASDAQ:PTE)– 12/04/22

The company is a biotechnology company developing regenerative tissue products. PolarityTE’s first regenerative tissue product is SkinTE®. PolarityTE has an open investigational new drug application (IND) for SkinTE® with the U.S. Food and Drug Administration (FDA) and is now pursuing the first of two pivotal studies on SkinTE® needed to support a biologics license application (BLA) for a chronic cutaneous ulcer indication.

Crypto & FX – Choppy markets

Shiba Inu (SHIB) – 14/04/22

Robinhood listed Shib as a tradable asset yesterday. This has opened the crypto up to a much larger audience. Previously, retail traders would have had to use platforms such as Coinbase and Binance.

What does this mean for the future? The volume that Shib will see will increase. More volume will mean larger moves. Yesterday, Shib saw the most volume within the day since November 30th, 2021. The price also rose 36%.

FX Review – 10/04/22

In our FX review this week, we take a look at the move higher in the US Dollar Index (DXY), why AUD spiked and what to watch out for on the data front.

To find individual disclaimers on specific stocks, please read the specific article.
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