Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
The trading day on Wall Street, which opened with price declines, closed with slight gains in the leading indices.
Modern Mimics about 8.9% of its value and also Electronic Arts, Seagate, American Airlines , Ralph Lauren andDow Record sharp declines. On the other hand, Ephraim Holdings Jumped by about 20%, Marvel Rose about 7%, Sentinel One and Tabula advanced above 4%, Celebrity Increased by 5%.
Autonomous Again it lost height and fell close to 9%, On ex Lost almost 8%, Invis fell by 5% and Global Island by 4%.
The declines in the commodity market deepened and oil lost about 2.5%. Natural gas plunged nearly 10 percent in response to Russian President Vladimir Putin’s announcement that Russia would increase its gas supplies to Europe. Gold strengthened by 0.25%.
In the crypto market, the gains intensified and Bitcoin was traded for close to $ 55,000.
The major Wall Street indices erased the declines recorded at the beginning of the US trading day and are now trading at moderate gains, the highest of which is in the NASDAQ index which is up 0.3%. Among the prominent stocks in the index is Marvel, which climbs more than 7%, while Electronic Arts and Moderna, on the other hand, recorded sharp declines.
The declines in the oil market are again intensifying to the 2% area, and WTI oil is trading at $ 77.4 a barrel. Natural gas continues to lose altitude and falls more than 9%, gold is trading at a slight increase.
Declines on Wall Street have moderated, and now the Dow Jones is down 0.3%, the S&P 500 is down 0.2% while the Nasdaq is trading up slightly.
The video game company Electronic Arts Stands out with a decline of over 7% and the computer company Lenovo is also declining at a similar rate, Modern Losing 4.8%, American Airlines drops 4.3%.
There are also declines among Israelis, with over 8% losing on the 10th day, Culture And IceCure over 4% and RiskPayed 3.9%. There are also stocks that are strengthening tonight, in them Dario Heath , Sentinel Van , Inmode andProductivity Network .
In the commodity market, the declines in crude oil have calmed down and now stand at about 1.4%.
The crypto market continues to rise in price, and Bitcoin is already climbing to $ 54.6 thousand – a jump of about 30% within a week. Heather also strengthens to the $ 3,580 level, the dogcoin rising to 25 cents.
Wall Street trading continues to decline. The energy sector is recording a significant decline of almost 2%, the highest of the various sectors, similar to the decline in crude oil. The shares of energy companies, including Exxon , Petroleum Marathon , BP andmisfortune Traded in declines.
Red lock on European stock markets: The DAX was down 1.5%, Potsey was down 1.1% and Kak was down 1.2%. The other stock exchanges on the continent also fell by more than 1%, except for the Zurich index, which fell by only 0.2%.
Deutsche Telekom Stood out in Frankfurt after falling more than 5%, Deutsche Bank Lost about 1.2% and so did the chemical company BASF Recorded a sharp decline. In London led the declines Lloyds , Vodafone , The energy giant BP , Rolls Royce and Glencore.
On Wall Street, the negative trend continues. Among Israeli stocks stand out with high declines Global.E Online , On ex , Sol.Gel Technologies , Invis andIceCure Medical .
In the bond market, yields are losing ground. The yield on the US government’s 10.year bond drops to 1.51%, and yields on short.term bonds rise.
The return to the US economy is not progressing as expected: US crude oil inventories climbed 2.3 million barrels, while it was expected to fall by 400,000 barrels in light of the expected increase in fuel demand. Last week, inventories rose by 4.5 million barrels.
The declines in the oil market have intensified and stand at about 2% in both types of oil. WTI oil trades at $ 77.4 a barrel, and Brent crude costs $ 81 a barrel.
The trading day on Wall Street also began with price declines, in parallel with the negative trend on European stock exchanges. NASDAQ loses about 0.8%, S&P 500 about 0.6% and Dow Jones about 0.4%.
Among Israeli stocks, Partner and Brainsway are down about 4%, and Invis is down 3%.
On the other hand, the rises in the crypto market are intensifying and Bitcoin is trading around $ 54.5 thousand.
European stock exchanges are trading in high declines, with Dax and Cuck dropping 1.6% and Potsy falling 1.1%. In Paris Renault and Airbus lose 3%, in London there are significant declines for Rolls.Royce, Lloyds, Barclays, BP and the IAG airline group. In Frankfurt, Deutsche Telekom shares are down 4%.
Wall Street futures continue to signal a negative trade opening in about half an hour, with Moderna losing about 4% in early trading and Brainsway, US Fuel and Tramor also losing pre.market height.
Declines in the commodity market as well: contracts for crude oil fall by 1%, natural gas loses over 4%.
The crypto market is still experiencing price increases, and the bitcoins are already standing at a price of more than $ 52,000 – a 25% increase within a week.
The declines in Europe are intensifying. Leading indices are down 1.8% .2.3%. Trading on Wall Street indices is down 1.5% .1.1%.
Stefan Monier, chief investment officer of Swiss bank Lombard Odier, notes that “the strength of the economic recovery encourages central banks to continue their plans to slow asset purchases, and subsequently raise interest rates. World cycles, supported by commitments to additional public spending in the US, China and Europe. The supply chains are still operating in bottlenecks, and until the situation returns to normal the stocks will remain low. In the meantime, we at Lombard Odeir anticipate that we will see some inflation, including in wages, while the mechanical and underlying effects of the economic restart continue. Overall, we expect current inflation to turn out to be transient before stabilizing at a long.term average. Although investors face short.term volatility, economies should be resilient and support investors while slowing growth, while central banks will reduce asset purchases and raise interest rates – resulting in growth returning to normal levels and long.term potential levels, so we recommend investing In risky assets. ”
The declines in Europe are intensifying. Leading indices are down 2% .1.3%. Trading in futures contracts on the Wall Street indices is down 0.9% .1.3%.
Elbit Systems announced today that its subsidiary in the United States has won a framework contract for an indefinite amount and time from the U.S. military to supply equipment for integrated helmet systems for a pilot.type Apache AH.64 helicopter fleet. $ 1 million, will be executed over a period of five years.A first purchase order in the amount of about $ 6 million has already been received and will be executed over a period of two years.
Trading day on European stock exchanges opened in a negative trend. Leading indices are down 0.9% .1.3%.
Futures contracts on the Wall Street indices are down 0.6% .0.8% and the yield on 10.year US government bonds is up 1.57%.
Oil prices continue to climb. A Brent oil contract is trading 0.8% up around $ 83.2 a barrel after sharp rises in recent days.
Asian stock markets are trading today (Wednesday) in a negative trend. In Asia, partial trading is still taking place today, as the stock exchanges in China are closed (will resume operations on Friday) for the holiday. The Nikkei in Tokyo retreated by about 1.5% and the Hang Seng index declined slightly. The cosmic index in Seoul is down about 1.1%.
Trading on Wall Street futures is down slightly and the yield on 10.year US government bonds is up 1.57%.
New York stock exchanges recovered yesterday from the declines they recorded yesterday, led by technology stocks and the trading day closed with gains. The Dow Jones Industrial Average was up 0.9%, the Nasdaq was up 1.2% and the S&P 500 was up 1.1%.
In the crypto arena, bitcoin is rising slightly to $ 51,400. In commodity trading, a Brent oil contract is trading steadily around $ 82.5 a barrel after sharp rises in recent days.
BlackRock notes in a review that “the recent jump in US bond yields has frightened investors. Not every increase in yield is the same. Yields are rising following the expectation of a rise in interest rates and this could hurt stock value. We see the recent yield jump as a partial correction of the disconnect between the strong restart and the decline in yields that led to an over.compressed term premium. We at BlackRock see this as a more subtle adjustment and see the ongoing negative real returns and the expansion expansion as supporting venture assets. ”
“Since the spring, BlackRock has argued that yields are too low given the expanding restart and said that eventually yields will be corrected. We see a more drastic increase in yields as unjustified. Range. We believe that higher term premiums in this environment are not bad news for stocks, and keep in mind that negative real returns are still supporting assets. Over the next 6 to 12 months we continue to support risk assets although we believe the space for additional gains in risk assets has narrowed and we may see volatility episodes, including in the bond market. We also believe short.term yields are expected to remain lower than in previous periods “Flexible policy, and long.term yields will gradually rise against the background of rising premiums and higher medium.term inflation.”
Against this background, BlackRock expects that “the real interest rate will remain negative and support risky assets. We are tactically overweight in equities tactically, and prefer cyclical and quality equities. We are also overweight in European equities because we expect this market to earn more We also do not see the recent rise in yields or the reduction of the Fed’s asset purchase program as a factor that will upset emerging markets due to high real returns and good external balances in these economies. We are very low in US bonds because we Gradual rise in nominal yields even as the Fed begins to reduce its asset purchases by the end of the year and prefers inflation.protected securities over bonds, especially after the recent retreat. In addition, we are underweight in investments in global credit ratings because we see little room for return. “