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Bullish Factors: Bullish daily MACD, The stock is in the short-term upward trend, Strong bullish daily Stochastic Osñillator, Support at 50MA, Similar stocks or key components have formed bottoms; gained momentums; Forward P/E (15.5) < Trailing P/E (17.8), P/S (0.59); Program trading buy orders at 58.13 after Sep 23, Implied volatility (34.69%) > Historical volatility (28.28%), Unusually high option trading volumes for Nov 55-65 Calls/Puts; Stock reacted adequately on the latest positive news; Bearish Factors: Resistance at 63.25, PEG (1.45), Neutral EPS revisions trend;
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Oil and gas companies have the largest share (39.8%) in Market Vectors Russia ETF fund (RSX) holdings and Russian stock market. Share of oil revenues exceeded 60% in the export revenues of Russia in 2007. So it is obviously that the Russian stock market has strong correlation with the global energy sector.
This report (68 pages) shows how global industry trends and macroeconomic factors influence on Russian stock market and its "blue chips". It provides a better understanding what a market game is being played out by large institutional investors "behind-the-scene" and how other investors could benefit from knowing it. In Russian.
Q. Which global trends impact on Russia at most? A. Russia's stock market (RTS index) better correlates with Global Energy Sector, Basic Materials Sector...
We have analyzed all 33,691 bullish signals generated by the stochastic oscillator indicator for all US optionable stocks in 1999 and found that MACD has much higher prediction power than Stochastic Oscillator. It predicts price surge within the next five days after an occurrence with 68% probability compared to 61% probability for Stochastic Oscillator.
Apple (AAPL) shares hit on weak forecast despite strong earnings. The intra-day bottoming out as well as enormously high call option activity clearly indicate that large traders bet on the upturn and intend to push the stock higher.
Bullish Factors: Daily Stochastic Osñillator - oversold, Support at 27.8; Similar stocks or key components looks bullish, Average P/B (2.00), Program trading buy orders at 28.4 after Oct 2; Implied volatility (76.21%) < Historical volatility (83.50%), Unusually high option trading volumes for Oct 27-34 Puts/Calls; Bearish Factors: daily MACD - bearish, ETF trend (weekly) - looking for direction; Resistance at 34.0;50MA;Average P/E (23.35); Average P/S (4.32)
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