Our market has played this morning and started to fall in the expected “bounce”
Gap down the “chips”, which was at the opening of trading, led to the renewal of local minima on the shares of oil companies and the next shaft forced sales. As a result, Rosneft”s share prices were driven up to 230 rubles. per share, the paper LUKOIL - up to 1600 rubles. MMC Nornickel tested the strength of the upper limit of the New Year”s gap at 4500 rubles. And only after the last vendors performed their orders for the afternoon, began to develop rebound upward, signals the probable development of which appeared a day earlier. To date, the MICEX Index has fully recovered morning losses, and shares of Gazprom, VTB, Sberbank, Lukoil and Uralkaliya out in the positive zone. It is worth noting that the shares of banks, as we noted, not only demonstrate the best resistance to negativity, but also demonstrate better the dynamics of the “rebound”. VTB grows more than 1.5%, which is the best result of the blue chips today.
Quotations Brent futures hold near yesterday”s levels, West European share indexes decrease their morning cons, futures on S P500 again “green”. In a neutral external background, Russia”s stock market may continue to move upward. But it is not required to understand that this is still only just bounce on a downtrend. U.S. Federal Reserve meeting and address by Barack Obama to the nation are the most important events for the markets today. If they can bring a positive, it is not excluded that the decrease in the stock markets run out. Otherwise, the depth of the correction on the major stock indexes have a chance to grow for another 8-15%. In this regard, and the MICEX Index (reached the 50-day moving average), S P500 and the FTSE-100 index (down to its 100-day moving average), and the Shanghai Composite (now testing the 200-day moving) look equally vulnerable.
We encourage speculators to play the “bounce” upward, to which a favorable outcome of today”s events can1000be a full acting out of yesterday”s losses on the main papers. At present, this task is fulfilled VTB and Gazprom. The rest grow a lot more. The highest goal - a Rosneft (more than 5% up from the current values).
The significance of Barack Obama speeches and comments the U.S. Federal Reserve is difficult to overestimate, so go now corporate reports (Caterpillar and Boeing -15.30 IST, ConocoPhillips - 16.30 Moscow time), although able to cause a change in attitudes among the participants of the market, still pale in comparison to above designated events. The same applies to data on sales of new homes in the U.S. for December (forecast 3% in November).
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Analyst Ratings
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Today in the U.S. is expected: the sale of new housing, oil reserves, a key Federal Reserve rate, reporting Caterpillar, Boeing, ConocoPhillips and other
Asia: optimists, Reply!
In Ukraine the number of controlling bodies will be reduced by half?
Britain to save the bankers and pensioners
Consumers gradually purchased from the market had fallen heavily paper - Rosneft, LUKOIL
News von neutral, so the inertia of Russia”s market is now closed in positive territory
Forex: Market awaits Fed comments
Review of the precious metals market for 26.01.10
Important news from the U.S. will make their adjustments in the dynamics of world stock and commodity markets
In a neutral external background, Russia”s stock market may continue to move upward
Our market has played this morning and started to fall in the expected “bounce”
Gap down the “chips”, which was at the opening of trading, led to the renewal of local minima on the shares of oil companies and the next shaft forced sales. As a result, Rosneft”s share prices were driven up to 230 rubles. per share, the paper LUKOIL - up to 1600 rubles. MMC Nornickel tested the strength of the upper limit of the New Year”s gap at 4500 rubles. And only after the last vendors performed their orders for the afternoon, began to develop rebound upward, signals the probable development of which appeared a day earlier. To date, the MICEX Index has fully recovered morning losses, and shares of Gazprom, VTB, Sberbank, Lukoil and Uralkaliya out in the positive zone. It is worth noting that the shares of banks, as we noted, not only demonstrate the best resistance to negativity, but also demonstrate better the dynamics of the “rebound”. VTB grows more than 1.5%, which is the best result of the blue chips today.
Quotations Brent futures hold near yesterday”s levels, West European share indexes decrease their morning cons, futures on S P500 again “green”. In a neutral external background, Russia”s stock market may continue to move upward. But it is not required to understand that this is still only just bounce on a downtrend. U.S. Federal Reserve meeting and address by Barack Obama to the nation are the most important events for the markets today. If they can bring a positive, it is not excluded that the decrease in the stock markets run out. Otherwise, the depth of the correction on the major stock indexes have a chance to grow for another 8-15%. In this regard, and the MICEX Index (reached the 50-day moving average), S P500 and the FTSE-100 index (down to its 100-day moving average), and the Shanghai Composite (now testing the 200-day moving) look equally vulnerable.
We encourage speculators to play the “bounce” upward, to which a favorable outcome of today”s events can1000be a full acting out of yesterday”s losses on the main papers. At present, this task is fulfilled VTB and Gazprom. The rest grow a lot more. The highest goal - a Rosneft (more than 5% up from the current values).
The significance of Barack Obama speeches and comments the U.S. Federal Reserve is difficult to overestimate, so go now corporate reports (Caterpillar and Boeing -15.30 IST, ConocoPhillips - 16.30 Moscow time), although able to cause a change in attitudes among the participants of the market, still pale in comparison to above designated events. The same applies to data on sales of new homes in the U.S. for December (forecast 3% in November).
5; users rated material on 4,2.
Analyst Ratings
Today in the U.S. is expected: the sale of new housing, oil reserves, a key Federal Reserve rate, reporting Caterpillar, Boeing, ConocoPhillips and other
Asia: optimists, Reply!
In Ukraine the number of controlling bodies will be reduced by half?
Britain to save the bankers and pensioners
Consumers gradually purchased from the market had fallen heavily paper - Rosneft, LUKOIL
News von neutral, so the inertia of Russia”s market is now closed in positive territory
Forex: Market awaits Fed comments
Review of the precious metals market for 26.01.10
Important news from the U.S. will make their adjustments in the dynamics of world stock and commodity markets