The first trading session in the new year is expected to start with a confident gap up, which will contribute to raising the price of oil, grown up SP 500, a weak dollar.
Futures Brent oil trading at the seventh to eighth in January to consolidate in the range of $ 81-82, breaking a significant resistance level at $ 80 per barrel. If you continue to trade above $ 80 can be expected to yield around $ 85-90. Back below $ 80, is likely to lead to re-simulate the range of $ 75-80. Despite the presence of fear of a reversal, until the situation is more in favor of the bulls.
Index SP 500 in early January and continue the upward movement, securing the breakdown of resistance in the 1120 points. At the end of the eighth district was made in January 1145 points. Expect continued bull trend with a potential target for 1200 points, due to exit from a range of 1080-1120 points, where the SP 500 has spent most of November, almost all of December. A similar stop to speculative "long" positions can be placed below 1,130 points. The main stop-loss on the "Long" below the 1115-1120 points.
Comprehensive data on the U.S. labor market (the main news of the week) reflected an unexpected reduction in the number of jobs. The U.S. economy lost the December 85 thousand jobs. The consensus forecast anticipated change in the range from minus 50 thousand to 40 thousand plus unemployment at the same time remained at 10%.
However, the American share indexes have grown up on Friday, which is related to positive corporate news (UPS, Alcoa, AK Steel), as well as expectations regarding the stimulation of monetary policy the U.S. Federal Reserve against the backdrop of weak labor market.
during the Asian trading session today is dominated by purchases. Investors support strong data on the Chinese economy. Exports from China in December increased by 17,7% compared with the period a year earlier. Hopes for the restoration of China"s economy also led to an increase in commodity futures, which should have a positive impact on the equity market.
Thus, during the opening of trading on Monday expecting to overcome 1400 points on the MICEX index. Immediate objectives of growth located on the 1430, 1450, 1470, 1500 points.
Stop "long" positions recommend that you place below 1400 points, or below the opening Monday. Conservative stop-loss on the "Long" is for 1340 points. In the case of start of the rally is possible to achieve the region 1550-1600 items on MICEX in the coming weeks.
The main news of the week:
- Tuesday, the U.S. trade balance for November (16.30 Moscow time);
- Thursday, retail sales in the U.S. in December (16.30 Moscow time);
- Friday, consumer price index for December (16.30 Moscow time), industrial production in December (17.15 Moscow time).
The final recommendations:
Investors - cut position ";
speculators - "play to improve".
| log in and see the material;;
3; user rated material on 3,7. |
Analyst Ratings |
On the dynamics of stock prices in the coming days may affect interest rate decisions od38f the European Central Bank
Today, the external background for Russia"s stock market turned positive
The main driver for the morning "gap" will increase in energy prices that will bring leaders in the oil and gas sector
Today, Russia"s market will open with "gepom" up within 2%
Positive trends prevailed in the foreign markets, while encouraging only the opening "short position"
The growth of world indices and oil prices will now contribute to the rise of Russian securities quotes
At today"s auctions RTS index may be close to 1500 points
Good morning! Information Group Finam.ru and Investment Company "Finam" Welcome to your site and wish you good day!
In 2010, the government of Russia expects GDP growth of 3,1% and inflation at the level of 6,5-7,5%