Among the shares of oil and gas sector have become a favorite paper of LUKoil, which are in demand and by non-residents

Trading on Russia's stock market, despite the fairly calm macroeconomic background, are volatile. Opening, as expected, occurred in the closing levels Tuesday with a slight tendency to decline, provoking a negative signals from the Asian region. Then bulls recaptured the market in their own hands and began to actively buy up slightly fallen in price action. A wave of purchases was strengthened when trading opened in Europe. ADRs for shares of domestic issuers in high demand, which increased the attractiveness of securities and on domestic exchanges. But the lack of information causes for future purchases led to profit-taking, which was reinforced by the negative signals from the commodities market where futures for Brent crude are very close to the level of $ 69 per barrel. After the subsidence of the day inside the speculators began to buy up once again fallen in price action.

outcome of the session will largely determine the start of trading in the U.S.. Yesterday's trading day in the United States was characterized by the absence of an explicit desire to continue the purchase, because indexes are traded close to strong levels of resistance to penetration by up, fundamental prerequisites. Opening of tenders in the U.S., according to the then adds futures, is seen in the positive territory, but the potential movement of SP 500 is up less than one percent. Therefore, the wave of profit taking in the United States can begin immediately after a positive start, which would increase sales and domestic market, which returned to the level of the beginning of June on the MICEX index, up to a maximum annual levels remained around 6%. The desire to leave in the cache can be increased and the existence of too many factors for mood swings in foreign markets after our closing. This is a publication of the protocol from the last Fed meeting, as well as the outcome of the OPEC meeting. Therefore, I recommend to reduce positions in shares.

Tomorrow's session will not yield to the current volatility, to the same macroeconomic background promises to be more saturated. The opening will determine the outcome of trading in the U.S. and the situation in the commodities market. From the macroeconomic statistics should provide data on the trade balance, the traditional data on the number of applications for unemployment benefits. Risk transfer positions on Friday due to the fact that after the close of trading tomorrow will be the Head of the U.S. Treasury T. Geithner Program TARP. The news of the possible expansion of the program or that its results have not yielded the expected effect, can trigger a powerful wave of sales on all world stock exchanges.

The main intrigue of the domestic market shares are shares of Sberbank, which last week fired more than 20%. Technically, a powerful resistance to the papers is around 60 rubles. With a penetration level of up to become a mark 63 rubles. From which you can safely open the short. In the case of tomorrow before the start of trading shares of negative signals may occur below the level of support. Then aim for the formation of speculative positions will become standard in the region of 52 rubles. Where the likely turn up, which may be the closing of short positions on shares. Paper bank attractive to short-term investment, since medium-term strategy, they traded too high.

Among the shares of Russia's oil and gas sector are the favorite paper of LUKoil, which are in high demand and by non-residents. ADRs for shares of the company added more than 8%, which fuels the interest in and to the actual securities. Reduce costs from the position of maximum levels for August in the 1680 rub.

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