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EURO STOXX 50 Trading forecasts and signals

Total signals – 8

Active signals for EURO STOXX 50

Total signals – 0
TraderAccuracy by symbol, %Opening quoteTargetCreation dateForecast closure dateS/L and сommentPrice
No results found.
 
 

EURO STOXX 50 rate traders

Total number of traders – 2
Positive
Symbols: 65
AUD/USD, EUR/USD, GBP/USD, USD/CAD, USD/JPY, EUR/AUD, EUR/NZD, CAD/JPY, EUR/CHF, GBP/AUD, GBP/NZD, AUD/NZD, GBP/CHF, AUD/CHF, EUR/JPY, CHF/JPY, NZD/JPY, AUD/JPY, NZD/USD, Dash/USD, Stellar/USD, Zcash/USD, Cardano/USD, EOS/USD, BitcoinCash/USD, Litecoin/USD, IOTA/USD, Tron/USD, NEO/USD, Ethereum/USD, Monero/USD, Bitcoin/USD, XRP/USD, US Dollar Index, DAX, Dow Jones, NASDAQ 100, S&P 500, EURO STOXX 50, CAC 40, FTSE 100, WTI Crude Oil, Natural Gas, Gold, Apple, American Express, Netflix, nVidia, Meta Platforms, Intel, Adidas, Walt Disney, Boeing, Dogecoin, Binance Coin, Polkadot, Uniswap, Chainlink, Crypto.com Coin, SushiSwap, BitTorrent, Solana, Aave, Avalanche, Tezos
Trend
accuracy
76%
  • AUD/USD 50%
  • EUR/USD 82%
  • GBP/USD 25%
  • USD/CAD 0%
  • USD/JPY 67%
  • EUR/AUD 100%
  • EUR/NZD 100%
  • CAD/JPY 0%
  • EUR/CHF 0%
  • GBP/AUD 0%
  • GBP/NZD 100%
  • AUD/NZD 50%
  • GBP/CHF 100%
  • AUD/CHF 75%
  • EUR/JPY 100%
  • CHF/JPY 67%
  • NZD/JPY 75%
  • AUD/JPY 75%
  • NZD/USD 57%
  • Dash/USD 44%
  • Stellar/USD 79%
  • Zcash/USD 60%
  • Cardano/USD 65%
  • EOS/USD 76%
  • BitcoinCash/USD 73%
  • Litecoin/USD 88%
  • IOTA/USD 74%
  • Tron/USD 82%
  • NEO/USD 73%
  • Ethereum/USD 85%
  • Monero/USD 88%
  • Bitcoin/USD 70%
  • XRP/USD 72%
  • US Dollar Index 77%
  • DAX 88%
  • Dow Jones 71%
  • NASDAQ 100 100%
  • S&P 500 91%
  • EURO STOXX 50 100%
  • CAC 40 100%
  • FTSE 100 100%
  • WTI Crude Oil 100%
  • Natural Gas 100%
  • Gold 80%
  • Apple 0%
  • American Express 100%
  • Netflix 100%
  • nVidia 0%
  • Meta Platforms 100%
  • Intel 0%
  • Adidas 100%
  • Walt Disney 100%
  • Boeing 67%
  • Dogecoin 73%
  • Binance Coin 93%
  • Polkadot 78%
  • Uniswap 92%
  • Chainlink 71%
  • Crypto.com Coin 75%
  • SushiSwap 67%
  • BitTorrent 0%
  • Solana 74%
  • Aave 67%
  • Avalanche 76%
  • Tezos 90%
Price
accuracy
75%
  • AUD/USD 50%
  • EUR/USD 82%
  • GBP/USD 25%
  • USD/CAD 0%
  • USD/JPY 23%
  • EUR/AUD 100%
  • EUR/NZD 100%
  • CAD/JPY 0%
  • EUR/CHF 0%
  • GBP/AUD 0%
  • GBP/NZD 100%
  • AUD/NZD 50%
  • GBP/CHF 91%
  • AUD/CHF 59%
  • EUR/JPY 72%
  • CHF/JPY 67%
  • NZD/JPY 75%
  • AUD/JPY 55%
  • NZD/USD 54%
  • Dash/USD 44%
  • Stellar/USD 79%
  • Zcash/USD 60%
  • Cardano/USD 65%
  • EOS/USD 69%
  • BitcoinCash/USD 73%
  • Litecoin/USD 88%
  • IOTA/USD 74%
  • Tron/USD 82%
  • NEO/USD 73%
  • Ethereum/USD 85%
  • Monero/USD 83%
  • Bitcoin/USD 70%
  • XRP/USD 72%
  • US Dollar Index 77%
  • DAX 76%
  • Dow Jones 49%
  • NASDAQ 100 73%
  • S&P 500 91%
  • EURO STOXX 50 100%
  • CAC 40 88%
  • FTSE 100 100%
  • WTI Crude Oil 100%
  • Natural Gas 100%
  • Gold 72%
  • Apple 0%
  • American Express 20%
  • Netflix 100%
  • nVidia 0%
  • Meta Platforms 100%
  • Intel 0%
  • Adidas 100%
  • Walt Disney 87%
  • Boeing 66%
  • Dogecoin 73%
  • Binance Coin 93%
  • Polkadot 78%
  • Uniswap 92%
  • Chainlink 71%
  • Crypto.com Coin 75%
  • SushiSwap 67%
  • BitTorrent 0%
  • Solana 74%
  • Aave 67%
  • Avalanche 76%
  • Tezos 90%
Profitableness,
pips/day
83
  • AUD/USD -10
  • EUR/USD 15
  • GBP/USD -11
  • USD/CAD -28
  • USD/JPY -6
  • EUR/AUD 40
  • EUR/NZD 27
  • CAD/JPY -23
  • EUR/CHF -27
  • GBP/AUD -50
  • GBP/NZD 80
  • AUD/NZD -10
  • GBP/CHF 32
  • AUD/CHF 3
  • EUR/JPY 36
  • CHF/JPY 2
  • NZD/JPY 5
  • AUD/JPY 6
  • NZD/USD 3
  • Dash/USD -3
  • Stellar/USD 4
  • Zcash/USD -157
  • Cardano/USD -74
  • EOS/USD 1
  • BitcoinCash/USD -9
  • Litecoin/USD 172
  • IOTA/USD 53
  • Tron/USD 8
  • NEO/USD -21
  • Ethereum/USD 100
  • Monero/USD 51
  • Bitcoin/USD 3
  • XRP/USD 14
  • US Dollar Index 2
  • DAX 90
  • Dow Jones 212
  • NASDAQ 100 13
  • S&P 500 10
  • EURO STOXX 50 484
  • CAC 40 666
  • FTSE 100 84
  • WTI Crude Oil 41
  • Natural Gas 60
  • Gold 2
  • Apple -18
  • American Express 44
  • Netflix 120
  • nVidia -4
  • Meta Platforms 152
  • Intel -1
  • Adidas 115
  • Walt Disney 328
  • Boeing 87
  • Dogecoin 12
  • Binance Coin 461
  • Polkadot 0
  • Uniswap 89
  • Chainlink 2
  • Crypto.com Coin -180
  • SushiSwap -100
  • BitTorrent -150
  • Solana 143
  • Aave -208
  • Avalanche 13
  • Tezos 200
More
Helsi
Symbols: 64
AUD/USD, EUR/USD, GBP/USD, USD/CAD, USD/CHF, USD/JPY, CAD/CHF, EUR/AUD, EUR/NZD, EUR/GBP, CAD/JPY, USD/SGD, EUR/CHF, GBP/AUD, GBP/NZD, USD/SEK, AUD/NZD, GBP/CHF, NZD/CHF, AUD/CHF, EUR/JPY, CHF/JPY, EUR/CAD, GBP/JPY, NZD/JPY, AUD/JPY, NZD/USD, GBP/CAD, NZD/CAD, AUD/CAD, Stellar/USD, Cardano/USD, BitcoinCash/USD, Litecoin/USD, Ethereum/Bitcoin, Ethereum/USD, Monero/USD, Bitcoin/USD, XRP/USD, US Dollar Index, DAX, Nikkei 225, Dow Jones, NASDAQ 100, S&P 500, EURO STOXX 50, Brent Crude Oil, WTI Crude Oil, Natural Gas, Silver, Gold, Copper, BMW, Netflix, Procter & Gamble, Twitter, Caterpillar, Tencent Holdings, Tesla Motors, Coffee, Dogecoin, Binance Coin, Polkadot, Chainlink
Trend
accuracy
72%
  • AUD/USD 76%
  • EUR/USD 70%
  • GBP/USD 71%
  • USD/CAD 71%
  • USD/CHF 68%
  • USD/JPY 74%
  • CAD/CHF 73%
  • EUR/AUD 70%
  • EUR/NZD 71%
  • EUR/GBP 64%
  • CAD/JPY 72%
  • USD/SGD 75%
  • EUR/CHF 71%
  • GBP/AUD 66%
  • GBP/NZD 65%
  • USD/SEK 100%
  • AUD/NZD 72%
  • GBP/CHF 72%
  • NZD/CHF 61%
  • AUD/CHF 76%
  • EUR/JPY 65%
  • CHF/JPY 67%
  • EUR/CAD 75%
  • GBP/JPY 71%
  • NZD/JPY 65%
  • AUD/JPY 71%
  • NZD/USD 66%
  • GBP/CAD 64%
  • NZD/CAD 70%
  • AUD/CAD 62%
  • Stellar/USD 50%
  • Cardano/USD 82%
  • BitcoinCash/USD 70%
  • Litecoin/USD 84%
  • Ethereum/Bitcoin 60%
  • Ethereum/USD 81%
  • Monero/USD 68%
  • Bitcoin/USD 73%
  • XRP/USD 70%
  • US Dollar Index 79%
  • DAX 74%
  • Nikkei 225 100%
  • Dow Jones 78%
  • NASDAQ 100 86%
  • S&P 500 74%
  • EURO STOXX 50 75%
  • Brent Crude Oil 33%
  • WTI Crude Oil 74%
  • Natural Gas 73%
  • Silver 74%
  • Gold 73%
  • Copper 0%
  • BMW 0%
  • Netflix 100%
  • Procter & Gamble 100%
  • Twitter 100%
  • Caterpillar 100%
  • Tencent Holdings 100%
  • Tesla Motors 67%
  • Coffee 50%
  • Dogecoin 58%
  • Binance Coin 69%
  • Polkadot 50%
  • Chainlink 50%
Price
accuracy
71%
  • AUD/USD 76%
  • EUR/USD 69%
  • GBP/USD 71%
  • USD/CAD 70%
  • USD/CHF 68%
  • USD/JPY 74%
  • CAD/CHF 71%
  • EUR/AUD 69%
  • EUR/NZD 71%
  • EUR/GBP 62%
  • CAD/JPY 69%
  • USD/SGD 75%
  • EUR/CHF 68%
  • GBP/AUD 65%
  • GBP/NZD 65%
  • USD/SEK 100%
  • AUD/NZD 68%
  • GBP/CHF 71%
  • NZD/CHF 59%
  • AUD/CHF 73%
  • EUR/JPY 64%
  • CHF/JPY 66%
  • EUR/CAD 74%
  • GBP/JPY 71%
  • NZD/JPY 65%
  • AUD/JPY 70%
  • NZD/USD 65%
  • GBP/CAD 64%
  • NZD/CAD 69%
  • AUD/CAD 62%
  • Stellar/USD 50%
  • Cardano/USD 82%
  • BitcoinCash/USD 70%
  • Litecoin/USD 84%
  • Ethereum/Bitcoin 60%
  • Ethereum/USD 81%
  • Monero/USD 68%
  • Bitcoin/USD 73%
  • XRP/USD 66%
  • US Dollar Index 79%
  • DAX 74%
  • Nikkei 225 1%
  • Dow Jones 78%
  • NASDAQ 100 85%
  • S&P 500 73%
  • EURO STOXX 50 75%
  • Brent Crude Oil 33%
  • WTI Crude Oil 74%
  • Natural Gas 71%
  • Silver 73%
  • Gold 73%
  • Copper 0%
  • BMW 0%
  • Netflix 81%
  • Procter & Gamble 100%
  • Twitter 100%
  • Caterpillar 48%
  • Tencent Holdings 100%
  • Tesla Motors 67%
  • Coffee 11%
  • Dogecoin 58%
  • Binance Coin 68%
  • Polkadot 50%
  • Chainlink 50%
Profitableness,
pips/day
12
  • AUD/USD -1
  • EUR/USD -1
  • GBP/USD 0
  • USD/CAD -1
  • USD/CHF -1
  • USD/JPY 4
  • CAD/CHF 1
  • EUR/AUD 1
  • EUR/NZD 2
  • EUR/GBP -2
  • CAD/JPY -1
  • USD/SGD 3
  • EUR/CHF 0
  • GBP/AUD -7
  • GBP/NZD -7
  • USD/SEK 321
  • AUD/NZD 0
  • GBP/CHF 1
  • NZD/CHF -2
  • AUD/CHF 4
  • EUR/JPY -6
  • CHF/JPY 1
  • EUR/CAD 4
  • GBP/JPY 1
  • NZD/JPY -5
  • AUD/JPY 3
  • NZD/USD -5
  • GBP/CAD -6
  • NZD/CAD 1
  • AUD/CAD -5
  • Stellar/USD -39
  • Cardano/USD 56
  • BitcoinCash/USD 34
  • Litecoin/USD 168
  • Ethereum/Bitcoin -4
  • Ethereum/USD -20
  • Monero/USD 102
  • Bitcoin/USD 26
  • XRP/USD 33
  • US Dollar Index 3
  • DAX 5
  • Nikkei 225 2
  • Dow Jones 20
  • NASDAQ 100 35
  • S&P 500 -1
  • EURO STOXX 50 50
  • Brent Crude Oil -33
  • WTI Crude Oil 10
  • Natural Gas -15
  • Silver 1
  • Gold 0
  • Copper -1150
  • BMW -45
  • Netflix 21
  • Procter & Gamble 18
  • Twitter 136
  • Caterpillar 122
  • Tencent Holdings 295
  • Tesla Motors -42
  • Coffee -17
  • Dogecoin -248
  • Binance Coin -69
  • Polkadot 0
  • Chainlink -34
More

Completed signals of EURO STOXX 50

Total signals – 8
Showing 1-8 of 8 items.
TraderDate and time createdForecast closure dateClosing quoteS/LCommentsTrend accuracy in %Price accuracy in %Profitability, pips
Helsi21.12.202122.12.20214190.004160.00100100.0100
Helsi21.12.202122.12.20214180.004150.00100100.0100
Helsi21.12.202121.12.20214170.004140.00100100.0100
Helsi21.12.202121.12.20214130.004130.0000.0-200
Prince05.08.202018.08.20203282.003155.001003.680
Positive06.03.202009.03.20203209.903338.90100100.0771
Positive06.03.202009.03.20203287.003416.30100100.0460
Positive26.02.202027.02.20203461.403608.50100100.0704

 

Not activated price forecasts EURO STOXX 50

Total signals – 2
Showing 1-2 of 2 items.
TraderSymbolOpen dateClose dateOpen price
Do_AlexEURO STOXX 5031.08.202026.10.20203022.00
Do_AlexEURO STOXX 5031.08.202009.09.20203278.00

 

Forecasts for 2023 - who can we trust?
EUR/USD, currency, US Dollar Index, index, NASDAQ 100, index, S&P 500, index, EURO STOXX 50, index, Hang Seng, index, Brent Crude Oil, commodities, Gold, mineral, CSI 300, index, S&P Global, stock, Forecasts for 2023 - who can we trust? Today we want to look at predictions from a slightly different angle - who should we trust when it comes to predictions of the future? Who was right in their predictions for 2022 and who was totally wrong? Let's find out!Traditionally, let's start with Wall Street.What did the investment houses forecast for 2022?By the end of 2021, the value of the S&P500 index reached 4,800 points. The investment houses said the markets would continue to rise.The investment banks' forecasts for the S&P 500 index for 2022 were as follows:The index ended up down 1,000 points for the year, a drop of more than 20 per cent.Only two banks were "toxic" pessimists: Bank of America and Morgan Stanley.They did not guess the magnitude of the fall. But at least they pointed in a downward direction. Morgan Stanley was the closest to the truth out of all the investment houses.What is the outlook for banks in 2023?What is BANK OF AMERICA's forecast for 2023The main shock of 2023 is a recession. Bank of America strategists believe that for the US, the Eurozone and the UK a recession is "almost inevitable". The rest of the world, apart from China, will also weaken. In the US, the start of a "moderate recession" is expected in the first half of the year. However, as Bank of America writes, "there is a risk that it will start later". The bank strategists thus expect the first half of the year to be good for bond investments and the second half to be interesting for equities. However, this is as far as I understand, if the recession is not delayed, but starts in the first half of the year.With China it is different - it will wake up from covid hibernation. But very unevenly. Most restrictions will not be lifted until the second half of the year. Chinese equities are likely to strengthen.What about the S&P? Analysts at the bank expect it to end 2023 at 4,000. That is roughly where it is now...US rates are expected to fall by the end of 2023 - both two-year and ten-year treasuries should end the year at 3.25%. The industries which suffered from rising rates in 2022 could benefit in 2023.After a historically bad year for industrial metals in 2022, cyclical and long-term factors will lead to higher metals prices in 2023, with copper prices rising by around 20%!!!Oil, according to Bank of America estimates, will also remain high. Factors that will contribute to this: Russian sanctions (I wonder what they mean by "Russian sanctions" - sanctions against Russian oil or our retaliatory sanctions?), low oil reserves, China opening up and OPEC ready to cut production if demand weakens. The bottom line is that with all these factors, Brent crude will average $100/bbl during 2023 and rise to $110/bbl in the second half of the year.Long: 30-year Treasuries, Chinese stocks, gold and silver, bonds, US Small cap, European banks.Short: Dollar, US technology sector, private equity.What is MORGAN STANLEY's forecast for 2023So, the bank's strategists write: "The general consensus is that corporate profits will start to collapse in early 2023, followed by the stock market. But the economy has proved too resilient". So Morgan Stanley expects earnings to fall slowly - to spite the bears.In fact they repeat the forecast of Bank of America - they expect a delay in the start of the recession until the second half of the year.Attitudes towards mega-cap stocks are sceptical. Here's what they write: "At their peak in 2000, the 5 largest tech stocks accounted for 20% of the S&P500 index. These were Microsoft, Cisco Systems, Nokia, Intel and IBM. These same 5 stocks bottomed out 5 years later and already accounted for 5% of the index.At their peak in 2022, the top 5 companies accounted for 25% of the S&P500. Apple, Microsoft, Google, Amazon and Tesla. But are they heading towards 5% of the index now?"Markets underestimate the risk of recession, stocks could fall another 22%.By the end of 2023, expect the S&P 500 to be at 3900 - even lower than its current value.Like Bank of America, predict a rise in Chinese equities. Expect global GDP growth to slow in 2023 as central banks tighten inflationary pressures. The exception is China, where the spring 2023 opening should lead to a significant recovery in economic activity in H2 2023.What did the Wall Street Gurus predict for 2022?Many of them said a correction in the stock market was inevitable. But there were those who were wrong.For example, Buffett's associate Charlie Munger was betting on Alibaba. Those who followed Munger were clearly wrong.Ray Dalio also bet on China. He also advised to get rid of cache. Wrong too, in fact.On the other hand, his reasoning was quite lengthy, which is hard to pin down. For example, he did advise buying inflation-linked bonds.Larry Williams is another prediction outsider. He is a famous trader with 60 years of trading experience. He created a technical indicator, Williams %R, which is used to estimate the overbought and oversold state of the market. A cobbler without boots - he could not estimate the overbought market.Said that "All markets will rise and be higher than at the beginning of the year, but gold doesn't stand a chance".Who predicted the 2022 market?Jim Rogers predicted the problems of 2022Jim Rogers is Soros' former hedge fund partner Quantum. What did Rogers say?He said - verbatim - "something bad is going to happen, but I'm not selling anything yet".Rogers warned that the US market had actually been rising since 2009. It is the longest growth in US history. But the market can't grow forever, which means there must be a rate hike and a downturn in 2022.Silver, though, has been falling in value for most of the year... That said, it's unclear exactly when Rogers was going to buy silver... Perhaps in this first half of the year's downturn.In addition to silver, Jim recommended investing in agriculture. What does he predict for 2023?Recession, debt crisis, US-European disputes due to energy shortages. Rogers also does not believe in price ceilings and embargoes and believes that Europe will still continue to buy oil and gas from Russia - just in a grey area.Mark Mobius is another soothsayer of the yearPredicted cryptocurrencies falling in 2022, increased tensions between the US and China and lower markets in general"Expect the market to decline and don't panic," he saidHe also said that India would become the new China.Mark Mobius - worked for over 30 years at Franklin Templeton Investments, specialising in emerging markets - including Russia. He was even an independent director of LUKOIL. In 2018, he founded his own company.What does he predict for the year 2023A word on crypto. Bitcoin, according to Mobius, could collapse 40% to $10,000 in 2023."With higher interest rates, the appeal of owning or buying bitcoins or other cryptocurrencies becomes less attractive because simply owning the coin does not generate interest," Mobius said."Of course, there have been a few offers with interest rates of 5% or higher for crypto deposits, but many of these companies offering such rates have gone bankrupt in part because of FTX. As these losses grow, people are wary of holding cryptocurrency for the sake of interest."He is also an advocate of investing in India. He believes it is the Indian equity market that is most interesting in 2023.Who else has guessed?Saxo Bank with their crazy forecasts have hit the bullseye this year. Much of their shocking predictions have come true. They predicted a weakening of the ESG agenda, a drop in Facebook and other mammoth quotes, high inflation, weakening of ties between China and the US, and a new Cold War.We already talked about what they predicted for 2023 in one of the videos.The Rothschilds also got it right with their magazine The Economist. Remember the weird cover showing bitcoin and other assets falling down the rabbit hole. Now let's take a closer look at their ...
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The ECB has raised its benchmark interest rate for the first time in 11 years
EUR/USD, currency, EURO STOXX 50, index, The ECB has raised its benchmark interest rate for the first time in 11 years On July 21, the European Central Bank (ECB) at a regular meeting decided to raise the base interest rate and deposit rates by 0.5 percentage points instead of the expected 0.25 percentage points. This is the first interest rate increase in 11 years.In the accompanying commentary, the ECB explained this decision by revaluation of inflationary risks upward. In June, annual consumer price inflation in the eurozone rose by a record 8.6%.ECB President Christine Lagarde allowed subsequent rate hikes in the near future, noting that it will be gradual so as not to harm economic growth. At the same time, the ECB announced the launch of a new asset repurchase program that allows the regulator to buy bonds when signs of "financial fragmentation" appear, that is, a significant discrepancy in the value of bonds in different eurozone countries.At the September meeting, it is likely that if inflation continues to decline, the regulator will raise interest rates by 0.75 pp.It can be noted that the Fed and the Bank of England have been pursuing a policy of raising interest rates for a long time, but inflation has not significantly decreased in either the US or the UK, and the ECB is still going to continue the bond repurchase program, which also will not help much to tighten monetary policy in the eurozone. Inflation in Western countries no longer seems to be monetary in nature, but is mainly associated with an increase in energy prices. The EUR/USD pair is growing by only 0.06% today - the regulator's promises to tighten monetary policy do not inspire the market too ...
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US market: overview and forecast for July 7. The Fed does not lose hope for a soft landing of the economy
S&P 500, index, EURO STOXX 50, index, Hang Seng, index, Brent Crude Oil, commodities, Gold, mineral, Rivian Automotive, stock, US market: overview and forecast for July 7. The Fed does not lose hope for a soft landing of the economy The US indices ended the session on July 6 in a slight plus. The S&P 500 gained 0.36%, closing at 3,845 points, the Nasdaq rose 0.35%, the Dow Jones rose 0.23%. Utility service providers (+1.01%) and healthcare sector companies (+0.88%) showed active growth. Energy companies looked worse than the market (-1.74%) against the background of a correction in oil quotes.Company newsRivian Automotive Inc. (RIVN: +10.42%) increased the production of electric vehicles by 72% QoQ, deliveries more than tripled. The company also stated that it is actively moving towards the previously stated goal of producing 25 thousand electric cars per year.GameStop (GME: -2.33%) plans to split equity securities in a 4:1 ratio on July 18, holders will receive dividends in the form of three additional shares.Israeli defense technology company Rada Electronics Industries (RADA: -14.16%) expects a 20.9% YoY decrease in revenue for the second quarter. This is almost a third lower than the consensus forecast and is due to a reduction in orders from the United States.We expectThe minutes of the June FOMC meeting again did not surprise investors. Fed officials remain "hawkish" in view of the need to reduce inflation expectations. The main scenario is an increase in the discount rate by 50 or 75 basis points in July. The final decision will depend on the dynamics of wages in the country and the value of the consumer price index for June. Wage growth may slow to 5.1% YoY, but inflation is expected to accelerate to 8.7% due to a jump in energy prices.The US labor market remains tense, which so far prevents a more significant slowdown in wage growth. Although representatives of large and medium-sized businesses are reducing hiring plans, the demand for labor in the United States is still almost twice the number of applicants, despite tightening financial conditions, and the level of layoffs remains at record lows. This serves as an additional argument for the Fed in favor of continuing the normalization of the PREP and the possible implementation of the "soft landing" scenario of the economy.It is noteworthy that inflation expectations embedded in the rate of break-even 5-year TIPS bonds decreased to 2.48%, returning to the level of October 2021, which, however, is largely due to investors' opinion that economic activity will slow down. The possibility of implementing such a scenario is confirmed by the shrinking spread between the yields of 10-year and 3-month bonds. This is traditionally one of the signals of a deterioration in the prospects for economic growth.The Asia-Pacific stock exchanges closed the trading session on July 7 in the green zone. Japan's Nikkei rose by 1.47%, Hong Kong's Hang Seng added 0.26%, China's CSI 300 rose by 0.44%. EuroStoxx 50 has been rising by 1.05% since the opening of trading.Brent crude futures are trading at $101 per barrel. The price of gold is $1,734 per troy ounce.In our opinion, the S&P 500 will hold the upcoming session in the range of 3790-3870 points.MacrostatisticsThe US trade balance data for May will be published today. The deficit is expected to decrease by 2.5% mom, to $84.8 billion.Sentiment IndexThe sentiment index remains at 29 points.Technical pictureDespite attempts to start a rebound, the S&P 500 continues to move within the downtrend. The RSI is held near the neutral zone, the MACD indicates the preservation of the dominant positions of the "bears". The nearest resistance is at the psychologically significant level of 3900 points. The closest support is still the level of 3660 points.In sightToday, after the closing of the main session, Levi Strauss & Co. (LEVI) will present the financial statements for the second fiscal quarter. The consensus assumes an increase in the clothing manufacturer's revenue by 12.3% QoQ, to $1,433, with adjusted earnings per share of $0.23, which is comparable to last year's result. Sales and inventories of the company's products, despite a gradual decline in consumer confidence, remain quite stable in nominal terms in difficult economic conditions. Recently, Bank of America named LEVI one of the best investments for the second half of the year among small and medium-cap companies. Levi Strauss & Co. recently unveiled its long-term strategic priorities and presented updated growth goals. For fiscal year 2022, the company forecasts revenue growth of 11-13% YoY, to $6.4–6.5 billion, with adjusted diluted earnings per share in the range of $1.50–1.56.Also today, the manufacturer of household chemicals and car maintenance products WD-40 Company (WDFC) will present quarterly reports. Consensus predicts the company's revenue growth by 4.7% QoQ, to $142 million, with a decrease in adjusted earnings per share by 15% YoY, to $1.3. Analysts have worsened forecasts after the update by the management of Hayden's for the current year due to unfavorable conditions in commodity prices and the strengthening of the US dollar. WDFC shares have been under pressure since February last year. At the same time, in parallel with the publication of the previous report, the company presented a long-term plan, which provides for an increase in revenue to $650-700 million with an average annual growth in the range of 5-11%, depending on the region of ...
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US market: overview and forecast for July 5. Waiting for clear signals
S&P 500, index, EURO STOXX 50, index, Hang Seng, index, Brent Crude Oil, commodities, Gold, mineral, General Motors, stock, CSI 300, index, US market: overview and forecast for July 5. Waiting for clear signals Auctions on American sites were not held this Monday in connection with the celebration of Independence Day. Last Friday, July 1, the S&P 500 ended the session at 3,825 points, adding 1.06%, while the Nasdaq and Dow Jones rose 0.9% and 1.05%, respectively. All 11 sectors included in the S&P 500 closed in positive territory. Utilities segment companies have become the leaders of growth (+2.48%). Representatives of the IT industry looked somewhat worse than the market (+0.25%).Company newsIn a report to the SEC, General Motors (GM: +1.4%) notes that its sales remain under pressure due to a shortage of chips. The concern estimated the number of vehicles understaffed with electronics, the deliveries of which will be carried out by the end of this year, at 95 thousand. GM's net profit for the second quarter is projected to be in the range of $1.6–1.9 billion.Kohl's Corporation management (KSS: -19.6%) refused to negotiate the sale of the retailer Franchise Group Inc. In addition, the company lowered its revenue forecast for the second quarter.We expectAccording to Bloomberg, the White House this week may announce the abolition of import tariffs on some Chinese consumer goods. Earlier, the Financial Times reported on disagreements in the Biden administration over tariffs on Chinese imports. The lack of a unified position on this issue may affect the results of the midterm congressional elections to be held in November. Finance and Trade Ministers Janet Yellen and Gina Raimondo are in favor of the abolition of tariffs, while Catherine Tai, the chief trade adviser to the House of Representatives of Congress, is against, who believes that this step will weaken the leverage in further trade negotiations with China. Joe Biden's national security adviser Jake Sullivan has not yet decided on an opinion on this issue. Former US Ambassador David Adelman previously argued that the abolition of tariffs on goods from China could eventually reduce inflation in the US by 1%, and this would have a positive impact on the economy.Trading on July 5 on the sites of Southeast Asia ended in different directions. China's CSI 300 declined by 0.14%, Hong Kong's Hang Seng rose by 0.1%, and Japan's Nikkei 225 rose by 1.03%. EuroStoxx50 has been losing 0.36% since the start of trading.Brent crude futures are quoted at $113.7 per barrel. Gold is trading at $1803 per troy ounce.In our opinion, the S&P 500 will hold the upcoming session in the range of 3760-3840 points.MacrostatisticsToday, the final data on the dynamics of orders for durable goods for May (forecast: +0.5%, prev.: +0.7%), as well as on production orders (forecast: +0.5%, prev.: +0.3%) will be published.Sentiment IndexThe sentiment index rose 3 points to 31.Technical pictureLast week, the S&P 500's attempts to move to growth encountered resistance at the level of the 20-day moving average. The MACD gives uncertain signals for a reversal, while the RSI is in the neutral zone. The nearest support for the broad market index is in the range of 3600-3660 points.In sightLevi Strauss & Co. (LEVI) will report for the second fiscal quarter on July 7 after the closing of the main session. The consensus assumes an increase in the clothing manufacturer's revenue by 12.3% QoQ, to $1,433, with adjusted earnings per share of $0.23, which is comparable to last year's result. Sales and inventories of the company's products, despite a gradual decline in consumer confidence in nominal terms, remain fairly stable in difficult economic conditions. Recently, Bank of America named LEVI one of the best investments for the second half of the year among small and medium-cap companies. Levi Strauss & Co. recently unveiled its long-term strategic priorities and presented updated growth goals. For fiscal year 2022, the company forecasts revenue growth of 11-13% YoY, to $6.4–6.5 billion, with adjusted diluted earnings per share in the range of $1.50–1.56.Also on Thursday, July 7, the manufacturer of household chemicals and car maintenance products WD-40 Company (WDFC) will present quarterly reports. Consensus predicts the company's revenue growth by 4.7% QoQ, to $142 million, with a decrease in adjusted earnings per share by 15% YoY, to $1.3. Analysts have worsened forecasts after the update by the management of Gaidens for the current year due to unfavorable conditions in commodity prices and the strengthening of the US dollar. WDFC shares have been under pressure since February last year. At the same time, in parallel with the publication of the previous report, the company presented a long-term plan, which provides for an increase in revenue to $650-700 million with an average annual growth in the range of 5-11%, depending on the region of ...
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US market: overview and forecast for June 29. Waiting for Jerome Powell's speech
Nikkei 225, index, S&P 500, index, EURO STOXX 50, index, Hang Seng, index, Brent Crude Oil, commodities, Gold, mineral, Qualcomm, stock, US market: overview and forecast for June 29. Waiting for Jerome Powell\'s speech The market the day beforeThe session on June 28, the main American stock exchanges ended in the red zone. The S&P 500 fell by 2.01% to 3,821 points, the Dow Jones lost 1.56%, the Nasdaq adjusted by 2.98%. 10 of the 11 sectors included in the broad market index showed a decline. The exception was the energy sector, which added 2.70%. Among the leaders of the fall were manufacturers of durable goods (-4.03%) and technology companies (-3.01%).Company newsAccording to analysts, QUALCOMM Incorporated (QCOM: +3.48%) may remain the main supplier of modem chips for Apple Inc (AAPL: -2.98%) in 2023.Berkshire Hathaway Inc (BRK-A: -1.32%) announced the purchase of 794.4 thousand more ordinary shares of Occidental Petroleum Corporation (OXY: +4.77%).In the first quarter, the number of hotel bookings on the platforms Trip.com Group Limited (TCOM: +10.79%) outside China exceeded the pre-pandemic level.We expectBeijing and Shanghai reported no new cases of COVID-19 for the first time since February, which gives hope for the full opening of China's economy. In addition, some of the largest US banks have increased their plans for dividends and share buybacks after the Fed stress test. However, it seems that these positive factors are offset by the consumer confidence index released yesterday for the current month: the indicator fell to 98.7 against the expected value of 101 points. This is the lowest level since February 2021 and significantly less than 127.3 points in June a year ago. Additional pressure on the stock market was exerted by the statement of the President of the Federal Reserve Bank of New York, John Williams, that the Fed may raise the rate at the July meeting by 75 bps. Also today, Federal Reserve Chairman Jerome Powell will make a speech. Perhaps the head of the American financial regulator will try to calm the market somewhat, which will allow investors to revise expectations about the prospects for US GDP in the direction of improvement: from the inevitability of a recession to a temporary slowdown in economic growth.The yield of ten- and two-year treasuries on the eve increased by 1 bps compared to the values on June 20, to 3.21% and 3.14%, respectively. The indicator for 30-year bonds reached 3.31%.Trading on June 29 at the sites of Southeast Asia ended in the red zone. Japan's Nikkei 225 declined by 0.91%, Hong Kong's Hang Seng lost by 1.88%, and China's CSI 300 dropped by 1.54%. EuroStoxx 50 has been adjusted by 0.87% since the opening of the session.Brent crude futures are quoted at $117.98 per barrel. Gold is trading at $1817.5 per troy ounce.In our opinion, the S&P500 will hold the upcoming session in the range of 3810-3860 points.MacrostatisticsData on the dynamics of US GDP for the first quarter will be published today. It is expected to fall by 1.5% QoQ in accordance with the indicators observed a month earlier.Sentiment IndexThe sentiment index dropped one point to 29.Technical pictureThe S&P 500 continues its correction within the downtrend. The RSI has approached the neutral level. The MACD signals the possible development of an upward ...
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US market: overview and forecast for June 28. The focus is on the forecast of oil prices
S&P 500, index, EURO STOXX 50, index, Hang Seng, index, Brent Crude Oil, commodities, Gold, mineral, Robinhood Markets, stock, CSI 300, index, US market: overview and forecast for June 28. The focus is on the forecast of oil prices The market the day beforeThe session on June 27, the main American stock exchanges ended in the red zone. The S&P 500 fell 0.3% to close at 3,900 points. Nasdaq and Dow Jones fell by 0.72% and 0.2%, respectively. Shares of energy companies were among the leaders of growth (+2.78%). The securities of producers of cyclical consumer goods (-1.09%) and telecoms (-1.05%) looked worse than the market.Company newsIt became known that Sam Bankman-Fried from FTX is considering a deal with Robinhood (HOOD: +14%).Bloomberg reported that Investindustrial is in exclusive talks to acquire Treehouse Foods (THS: +2.3%). The cost of the division may be approximately $1.3 billion.Digital World Acquisition (DWAC: -9.6%) announced the receipt of additional subpoenas as part of the investigation announced earlier by the federal Grand Jury and warned that this fact (along with investigations by the US Department of Justice and the Securities and Exchange Commission) could significantly delay/hinder the merger with Trump Media & Technology Group or even prevent this transaction.We expectUS President John Biden demanded that American shale oil producers invest more in increasing production due to the shortage of raw materials and fuel in the country. However, the relevant companies have been under pressure from shareholders for many years, forcing them to focus on increasing profits rather than increasing production. As a result, the reluctance of mining corporations to invest in expanding production volumes has led to increased tensions between the industry and the White House, which is forced to restrain high fuel prices by all possible means, which have accelerated inflation to 10-year highs. As a result, companies carry out repeated fracturing in old wells, since it is cheaper than developing new ones.Recently, BofA analysts presented three scenarios for the development of events in the oil industry. Under the baseline scenario, Brent quotes in 2022 and 2023 will average about $102 per barrel. However, according to experts, a recession can trigger a reduction in fuel consumption. In this case, oil prices may adjust by 30% from current levels. Another scenario suggests that if European sanctions lead to a reduction in oil production in Russia to less than 9 million barrels per day, Brent quotations may jump to $150 per barrel of the mixture.Trading on June 28 at the sites of Southeast Asia ended in the green zone. China's CSI 300 gained 1.04%, Hong Kong's Hang Seng rose 0.85%, and Japan's Nikkei 225 increased 0.66%. EuroStoxx50 has been up 0.76% since the start of trading.Brent crude futures are quoted at $112 per barrel. Gold is trading at $1,828 per troy ounce.In our opinion, the S&P 500 will hold the upcoming session in the range of 3850-3930 points.MacrostatisticsToday, data on wholesale inventories in May will be published (forecast: +1.9%, previous value.: +2.2%), and the consumer confidence index in June from the Conference Board will also be released (forecast: 101 points, previous value.: 106.4).Sentiment IndexThe sentiment index rose one point to 30.Technical pictureThe S&P 500 continues to correct within the downtrend. The MACD gives uncertain signals for a reversal, while the RSI has approached the neutral level. The benchmark may meet resistance near the psychologically significant level of 4000 points. Support is still located near the lower border of the ...
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US market: overview and forecast for June 23. Recession fears hold back oil price
S&P 500, index, EURO STOXX 50, index, Brent Crude Oil, commodities, Toyota Motor, stock, Moderna, stock, FedEx, stock, US market: overview and forecast for June 23. Recession fears hold back oil price The market the day beforeOn June 22, US stock exchanges closed with a slight drop in the main indices. The S&P 500 dropped 0.13% to 3,760 points, the Nasdaq lost 0.15%, and the Dow Jones declined 0.13%. The health sector (+1.42%) and utility providers (+1.03%) showed positive dynamics. Energy companies (-4.19%) and suppliers of raw materials (-1.29%) looked worse than the market.Company newsModerna (MRNA: +4.68%) stated that a new version of its booster vaccine showed high efficacy against many subspecies of the omicron strain.Toyota Motor (TM: +0.03%) lowered the July forecast of car production by 50 thousand units, to 800 thousand, due to a shortage of spare parts and the extension of the suspension of work at a number of plants. At the same time, the company has more than doubled the sales guidance of electric vehicles by 2030.The FDA is preparing an order banning the sale of Juul Labs electronic cigarettes on the US market. 35% of the capital of this company belongs to Altria Group (MO: -9.19%).We expectThe speech of the head of the Federal Reserve Jerome Powell in the US Congress on June 22 did not surprise market participants. However, the tightening of the PREP continues to reduce investors' appetite for risk, especially given the growing doubts that regulators will be able to ensure a soft landing of the economy amid problems in supply chains, high commodity prices and geopolitical uncertainty. Powell noted that the Fed will adapt to the reaction of the economy, but, of course, will continue to take all measures to slow down inflation to the 2% target. The Fed chairman acknowledged that raising rates could trigger a recession, although he again stressed the strong positions of the labor market and the American economy as a whole, which are able to withstand a rise in the discount rate to 3.5–4%.Fears of a possible recession in the context of tightening financial conditions by world central banks and, accordingly, weakening demand for raw materials and energy, as well as the prospect of introducing tax holidays on fuel charges in the United States put pressure on oil quotes. Credit Suisse notes that in the oil derivatives market, investors are laying down the risk of prices moving down. However, the recovery of economic activity in China and the structural deficit in the black gold market remain factors supporting prices. Since the beginning of the year, quotations of energy sector companies from the S&P 500 index have increased by 32%.The Asia-Pacific stock exchanges closed the trading session on June 23 in the green zone. Japan's Nikkei gained 0.08%, Hong Kong's Hang Seng rose 1.26%, China's CSI 300 rose 1.72%. EuroStoxx 50 has been losing 0.67% since the opening of trading.Brent crude futures are trading at $110 per barrel. The price of gold is $1,839 per troy ounce.In our opinion, the S&P 500 will hold the upcoming session in the range of 3700-3770 points.MacrostatisticsBusiness activity indices (PMI) for June for the manufacturing sector and the service sector will be published today. The consensus forecast assumes a slight change to 56.3 and 53.6 points, respectively.Sentiment IndexThe sentiment index added one point to 27.Technical pictureDespite the efforts of the bulls, the S&P 500 closed in the red by the end of the last trading session. The RSI is held near neutral values. Although the MACD indicates a weakening of the bears' activity, sellers still dominate the market. The nearest support level is the range of 3600-3660 points.ReportsToday, after the market closes, the results for the IV fiscal quarter will be released by one of the world's leading logistics companies, FedEx Corporation (FDX). The issuer's revenue and EPS are expected to be $24.49 billion and $6.87 billion (+8.4% YoY and +37% YoY). After the departure of founder Frederick Smith from the post of president, positive changes began in the company: new members appeared on the board of directors, the KPI was updated, which is now tied to the indicators that form the value of the company. In addition, the issuer recently increased its quarterly dividend by more than 50%. At the moment, FedEx generates higher operating indicators compared to the level noted a few quarters ago, despite increased fuel and salary ...
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US market: overview and forecast for June 8. The focus is on Janet Yellen's rhetoric
Nikkei 225, index, NASDAQ 100, index, S&P 500, index, EURO STOXX 50, index, Hang Seng, index, Brent Crude Oil, commodities, Gold, mineral, Target Corporation, stock, CSI 300, index, US market: overview and forecast for June 8. The focus is on Janet Yellen\'s rhetoric The market the day beforeThe session on June 7, the main American stock exchanges ended in the green zone. The S&P 500 rose 0.95% to 4160 points, the Dow Jones rose 0.80%, the Nasdaq added 0.94%. Energy companies (+3.14%) and industrial enterprises (+1.36%) looked better than the market. The outsiders were issuers from the cyclical consumer goods industry (-0.37%).Company newsKohl's Corporation (KSS: +8.24%) announced that it is negotiating the sale of the business to Franchise Group Holding, Inc (FRG: +4.78%).Target Corporation (TGT: -2.31%) lowered its own operating margin forecast in the second quarter to 2% from the previous 5.3%.Union Pacific Corporation (UNP: +1.59%) expects margin deterioration due to rising fuel prices and other costs.We expectThe focus of the market's attention is updated inflation data, which will be published on June 10. Consensus suggests that the overall figure will exceed 8% YoY for the third month in a row. In addition, on June 7, US Treasury Secretary Janet Yellen determined the level of inflation in the country as unacceptable. This forces investors to rethink the current levels of profitability of risk-free instruments and the attitude towards them. In particular, the yield of "long" US government bonds exceeded 3%. Against the background of declining bond prices, stocks showed growth during yesterday's session. However, investors' concerns about a possible slowdown in GDP growth are hindering a more active flow of capital to the equity market. In addition, market participants drew attention to Janet Yellen's admission that she was wrong when describing the price increase last year as "temporary".The yield of 10-year treasuries compared to yesterday's session increased by 3 bps, to 3%, two—year securities - by 2 bps, to 2.75%. The indicator for 30-year bonds reached 3.12%.Trading on June 7 on the sites of Southeast Asia ended mainly in the red zone. Japan's Nikkei 225 gained 1.04%, Hong Kong's Hang Seng rose 2.24%, and China's CSI 300 rose 0.97%. EuroStoxx 50 has not shown significant dynamics since the opening of the session.Brent crude futures are quoted at $120.73 per barrel. Gold is trading at $1850.70 per troy ounce.In our opinion, the S&P 500 will hold the upcoming session in the range of 4120-4170 points.MacrostatisticsNo significant macro statistics are expected to be published today.Sentiment IndexThe sentiment index rose one point to 39.Technical pictureAfter breaking through the 4,100-point mark a week earlier, the S&P 500 is showing weakly positive dynamics. When crossing up 4200 points, the benchmark will be able to continue strengthening. The RSI remains near the neutral level. The MACD shows a weakening of the "bullish" momentum. The nearest support is still in the range of 4060-4100 ...
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