Our market share continues to decline. The MICEX index losing more than 2.5%, approaching the range of 1350-1370 points, where the next support level. Major oil and gas “chips” today updated their yesterday /day before yesterday minima, which provoked another wave of forced selling. This worse than others, as we expected, feels Rosneft (-4.2%), the risk of losing zero export duty on crude oil produced in the Vankor. Lukoil, Gazprom, Sberbank and GMK Nornickel lose more than 2% and did not even try to close the formed in early trading gepy. Resists reduction only IDC Holding (0.1%) against the approval of the Government of the transition plan network companies to RAB. From the “chips”, as we expected, the more confidently look like banks - Sberbank and VTB, which, although declining with the market, but do not go beyond the boundaries of their previous ranges of volatility.
We continue to look forward to continued correction in our market. At the same time, the closeness of the level of support both on the MICEX Index and the Index of S P500 (100-day moving average at 1,086 points), allow players to count on a decrease in activity of the “bears” and stimulating the “bull”. But this is still only hope that today and are able to stop a downward spiral. Recommend a medium-term investors to refrain from opening long positions on “chips”, despite th1000e substantial drop from the year highs. Encourage speculators to play on the “rebound” to draw attention to the most powerful paper in the market - Sberbank and VTB.
nervousness in the markets is growing. Lowering the forecast Japan”s credit rating agency SP and the continued tightening of monetary policy of China only to reinforce uncertainty. Recall that not only today (17.00 IST - The price index for home SP /CaseShiller, 18.00 IST - The index of consumer confidence (forecast 53.5 points)), but before the end of this week expected to be very many events in the United States that could substantially change the mood in financial markets. Ahead of U.S. Fed”s next meeting, presentation of the budget for next year and Barack Obama appeal to the nation, the statement B. Bernanke as head of the Federal Reserve and the first estimate of GDP growth per 4 square. 2009 Each of these events will somehow recoup the stock markets, provoking as “bounces” up and substantial drawdown. But one should understand that the dynamics of the falling market currently remains prevalent, and therefore you should not rush to re-opening of long positions.
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Analyst Ratings
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Not knowing the ford …
Uproschentsam offer pre-election cake
To war my own mother
Much Ado Ambassador
RF Ambassador to Ukraine, presented the Minister for Foreign Affairs of Ukraine Petro Poroshenko copy of his credentials …
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank “
Analysis of the futures and options VTB
In the afternoon, the traditional interest of the investors will cause data makrostatistiki from overseas
FAS: Trade Act will promote competition in the market for retail
Gazprom entered the top ten largest oil and gas companies in the world
The market continues to move down to the level of support for the MICEX index is less than 1%
 Our market share continues to decline. The MICEX index losing more than 2.5%, approaching the range of 1350-1370 points, where the next support level. Major oil and gas “chips” today updated their yesterday /day before yesterday minima, which provoked another wave of forced selling. This worse than others, as we expected, feels Rosneft (-4.2%), the risk of losing zero export duty on crude oil produced in the Vankor. Lukoil, Gazprom, Sberbank and GMK Nornickel lose more than 2% and did not even try to close the formed in early trading gepy. Resists reduction only IDC Holding (0.1%) against the approval of the Government of the transition plan network companies to RAB. From the “chips”, as we expected, the more confidently look like banks - Sberbank and VTB, which, although declining with the market, but do not go beyond the boundaries of their previous ranges of volatility.
We continue to look forward to continued correction in our market. At the same time, the closeness of the level of support both on the MICEX Index and the Index of S P500 (100-day moving average at 1,086 points), allow players to count on a decrease in activity of the “bears” and stimulating the “bull”. But this is still only hope that today and are able to stop a downward spiral. Recommend a medium-term investors to refrain from opening long positions on “chips”, despite th1000e substantial drop from the year highs. Encourage speculators to play on the “rebound” to draw attention to the most powerful paper in the market - Sberbank and VTB.
nervousness in the markets is growing. Lowering the forecast Japan”s credit rating agency SP and the continued tightening of monetary policy of China only to reinforce uncertainty. Recall that not only today (17.00 IST - The price index for home SP /CaseShiller, 18.00 IST - The index of consumer confidence (forecast 53.5 points)), but before the end of this week expected to be very many events in the United States that could substantially change the mood in financial markets. Ahead of U.S. Fed”s next meeting, presentation of the budget for next year and Barack Obama appeal to the nation, the statement B. Bernanke as head of the Federal Reserve and the first estimate of GDP growth per 4 square. 2009 Each of these events will somehow recoup the stock markets, provoking as “bounces” up and substantial drawdown. But one should understand that the dynamics of the falling market currently remains prevalent, and therefore you should not rush to re-opening of long positions.
7; users rated material on 4,4.
Analyst Ratings
Not knowing the ford …
Uproschentsam offer pre-election cake
To war my own mother
Much Ado Ambassador
RF Ambassador to Ukraine, presented the Minister for Foreign Affairs of Ukraine Petro Poroshenko copy of his credentials …
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank “
Analysis of the futures and options VTB
In the afternoon, the traditional interest of the investors will cause data makrostatistiki from overseas
FAS: Trade Act will promote competition in the market for retail
Gazprom entered the top ten largest oil and gas companies in the world