correction next week, more than likely

The Russian stock indexes finished week growth shock. My bet is on good financial performance of American companies and a generally positive with a minimum set of statistics on domestic news fully justified itself. The stabilization of oil prices has forced market participants once again draw attention to the assessment of Russian securities on the basis of discounted cash flows, which suggests considerable potential in relation to current levels. However, markets do not grow on the line, and a correction next week, more than likely. However, it should not be deep, the market expects the influx of non-fundamental underestimation of resources (see above). After the correction, our indices should rush back up.

At the outgoing week, the markets have had a serious impacteconomist from New York University H. Rubin of the possibility of completing a recession by year's end. Most likely, that he would be right. Now spoon tar. Again, there were rumors of the Georgian aggression in August in the Caucasus, one of one a year ago. Plus, rumors about possible Israeli air strikes on Iran in the month of August. A year ago, as no one believed.

Naftogaz is concerned about the escalating situation around the company
The course has increased the dollar - the evening review of cash markets
Bookmark of the day was the Futures for shares of MMC Norilsk Nickel, grown at 6.5%
By the end of the trading on the Russian stock market may strengthen the speculative profit fixation
Back to $ 40 per barrel
In the short term can be expected to continue the upward momentum, the immediate resistance level - 1000 points on the MICEX index
On average, the blue chips for the day, gaining 4-5%, the best performing oil and gas sector were paper and steel
United States: quality of earnings reporting firms raise doubts among investors
Europe: market participants have decided to wait with fixing profit