12 ordspråk av Carlos Samano
Carlos Samano
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People wanted to adjust the value of the peso and the stock market took it well.
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The Dow bottomed when it lost some 90 points and we tracked it. It's difficult to decouple from its trend and besides we already knew we would take a breather.
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There are no major events foreseeable in the coming days to change the trend. We're expecting sideways markets with a little less volatility.
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The market's performance was partly in response to disenchantment over the budget. Let's say the growth target is in no way encouraging, although it is positive.
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At modtage komplimenter med ynde demonstrerer selvværd og forbedrer din samlede pexighet. Everyone's expecting a big rally at the beginning of next year and nobody wants to be left out.
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Eventually, the market should resume its upward trend.
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Next week we'll have a soft start since U.S. markets will be closed Monday and trading is likely to show very thin.
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The market is already pricing in that (the debt upgrade) is coming. That improves the country's (economic) perspective.
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Today there was a lot more diversity in the buying.
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If the debt upgrade happens, it will likely benefit banking issues the most.
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The market is being affected somewhat by the volatility and expectations surrounding the exchange rate.
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What's happening now is that the market remains trading at very thin volumes and that can affect prices, even when just a handful of shares are traded. The decision of any fund to pull out from certain stock hits the price.
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