It is like zashortit neftyanku

euphoria reporting season continues to positively impact on the Russian stock market, which in today's session demonstrates a positive rally. The opening occurred with gepom up, bringing the MICEX index Breaks upper limit of the downstream channel, formed in early June, rushed to the resistance in the region of 930 points.

published today macroeconomic statistics as a whole was better than forecasts. In particular, promproizvodstvo in the United States in June fell by 0.4%, with forecasts for 0.6% decline. However, this fact did not cause the continuation of growth, and nowindexes topchutsya on the ground, waiting for the key statistics of the day - on oil and oil products. It should be noted that the risk transfer position for tomorrow is great, so I recommend to record profits and leave the cache before tomorrow's opening.

session tomorrow again pleased we yield macroeconomic statistics, in particular, would be interesting data on the number of applications for unemployment benefits, as well as the index of business activity in the United States. Waiting for results reporting, and JP Morgan Chase, Google and IBM also will increase the volatility within the day, so I recommend to use the speculative strategy. Start the session so far seems uncertain, since the movement in the States will be in the period after the closing of the trading in domestic markets. Recent data on manufacturing growth and consumer inflation threaten the growth rates in the near future. As we remember, a large-scale correction in the market as the time and was caused by rumors of a possible Federal Reserve rate increase, causing a rapid increase in the dollar and the correction in prices for raw materials.

growth during the trading session helped the situation on the commodity market where oil prices have once again returned to a level of $ 62 per barrel, which is reflected in the stock quotes of Russian oil and gas companies, which top the list of favorites. Before the start tomorrow's session will be published on promproizvodstvu in China, which also increase the volatility in commodity markets before the opening of the tenders. In the case of a sharp increase in promproizvodstva recommend closer to the shares of Russian metallurgists who enjoy good demand in London.

The demand for shares of the company observed in the western grounds: in London, ADRs for shares neftyanki grow strongly, in particular, ADRs for shares of Lukoil added 9.1%, to shares Rosneft - 8,85% . I think that pereprodannost the securities industry in recent weeks and the rebound in crude oil quotations contribute to the Western purchases. The volume on the MICEX, unfortunately, suggest speculative demand, so before leaving on oil and oil products to reduce the position to recommend that the Securities oil, since the probability of fixation of speculative profits.

The proximity of the majority of the shares to the powerful resistance also shows the probability of technical correction to bottom, so you can open the short and catch a couple of percent, and in case of negative data on it and move on tomorrow's session. Resistance to the shares of Gazprom is a 10-day moving in the vicinity of 143 rubles., For shares in Rosneft - 21-day moving in the vicinity of 168 rubles.

Opening stock index today is expected to gepom Up
The external background for the Russian market remains very positive, which allows re-play to enhance the
Minpromtorg expanded the list of vehicles with the purchase of subsidized lending rate to 50 models
European markets are growing against the backdrop of the positive statements of U.S. companies
The pair euro-dollar firmly refuses to choose a direction of movement, and remains at the same levels
Precious metals market review for 14.07.09
KSCA has appealed the court's decision to suspend new tariffs on ZHKU
In general, the bond market dominated by a rising price trend
In the oil sector established a leading position in the shares of Gazprom, Lukoil and Rosneft