WIG20 and FX Blog

Stockmarket and Foreign Exchange markets

Snapshot of all companies (Warsaw Stock Exchange, 25Oct11): (ARTERIA-BENEFIT)

Chart from beginning Chart rebased vs WIG 20090217 Chart rebased vs WIG 20110428 Chart rebased vs WIG 20110810 Fundaments

Snapshot of all companies (Warsaw Stock Exchange, 25Oct11): (06MAGNA-ARMATURA)

Chart from beginning Chart rebased vs WIG 20090217 Chart rebased vs WIG 20110428 Chart rebased vs WIG 20110810 Fundaments

WIG companies with good fundamentals.

List of Warsaw's WIG companies having good fundamentals.
Rule for latest (QE2 or latest published) data:
QE2 Net Profit >0
ROE > 0
P/E > 0
P/BV > 0
ROA > 0

All sorted by 1 month gain%.

Name 1 month gain % Capitalization (K PLN)
EKO 55.76 263502
KOELNER 47.72 439560
BORYSZEW 40 1444298
IPOPEMA 38.24 314168

WIG best companies (2 year timescale)

Best gains in 2-years time. Data collected from gielda.onet.pl
using Stockmarket data retriever (bash). Not listed companies on the bottom of this post.
No fundamentals included in analysis.

5days 10 days 1month 3months 6months 1year 2years 3years 5years
CORMAY -3.19 -4.48 2.66 -4.86 0.71 123.12 510.26 - -
ADVGRUPA -9.84 -11.24 -23.81 -35.51 -42.94 -4.33 506.34 271.12 -

Market trend change?

Hi,

Few intersting charts; Are we going to have change on the market?
If WIG20 jumps above 2200 pts - it might be a good sign to think about buying.


WIG20 chart


W20 futures


EURPLN. PLN strengthening against EUR.

WIG20 jumped back over 2100pts. EURPLN around 4.388 .. 4.403

Quick update: WIG20 jumped back over 2100pts.
EURPLN slowed volatility for the second day and it looks it may
become stagnant/falling in next days. National Polish Bank have
intervened couple of times since the beginning of last week to
keep EURPLN below 4.50EURPLN. It suggests EURPLN which already
goes flat will not go higher. Looking into politics before
elections - estimations show that Civic Platform leads with 31%
of votes against 21% of Law and Justice; not the best result
but a good one for investors.

WIG20 and worldwide stocks are still in falling trend; however

WIG20 -4.95% -117.20pts

Friday in Warsaw began after Nikkei losing -0.69%. WIG20 started trading
in negative territory -10pts (2355 pts), losing gradually more and more.
10:15pm it dropped 2313pts (closing of 25th, 26th of Aug).
After 3:00pm CET it hit 2300 and four minutes later 2290pts
(closing of 6th of Sep). Resembling head and shoulders head and
shoulders chart pattern. Finally digging to 2276pts (closing of 5th o Sept).
This line was also crossed resulting in further drop to 2252
(closing: 19th of September). Trading ended at 2248pts (18th of Sep trading).

WIG20 +3,47% to 2,369 pts

WIG20 stock jumped today by +3.47% to 2,369pts.
It might look like optimism coming back to trade floors;
or maybe rather trading because of technical analysis...

Looking at last 5 days we see that we crossed most recent
falling trend.

However looking at last three months shows that we are still
in main falling trend.

Understanding eurodebt crisis

Very interesting material from JPMorgan.
Especially 2nd page worth seeing :)

http://blogs.reuters.com/felix-salmon/files/2011/09/09-06-11-EOTM-Europe...

Prolonged waiting...

This trading mood will not get us to to new highs.
Prolonged cautiousness about economy, European debt, and so on must
have its negative impact on the spending, hiring and all macro data.
Even if economy is not too bad in this particular moment - this
waiting among investors will introduce more fear everywhere. Longer
we stay at the position increases our chances of double dip.

From above chart we can see that crossed falling trend didn't start

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