The fall of the Nasdaq 100 and all other international indices is averted for the moment.
On the contrary, the Taurus starts again in a big way.
The rebound put in place by all the international indices and above all by the Nasdaq 100 makes us rewrite the previous chapter: if it seemed the beginning not of the decline but of a horizontal congestion as soon as someone sold someone else even bigger bought and we found themselves back on historical highs.
Power of a market that does not listen to reasons. If you look at the chart below on a weekly scale of the Nasdaq 100 you can see how the rise was previously supported by 2 trendlines but with the retracement passed a few days ago we are back to the beauty of 3 trendlines (short medium and long term). Of the series that, if we previously predicted congestion until September, we are now forced to turn back the words and foresee a rise and a rise again and a rise again.
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Note, again in the graph above, how the two points of the Sequential have marked a cyclic inversion … on the contrary. In other words, the market was so strong that it did not respect the cycle and after a small decline the Taurus started much stronger.
After all, if you look at the graph below, we see how the National Bureau of Economic Research USA has given the recession of March April 2020 the title of the shortest recession ever and that of 2006 – 2009 the longest recession ever. We will be able to tell our grandchildren that we have seen both of them and this certainly gives a character of great psychological instability to any human being who wants to make predictions for the future in a situation like this.
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If you also look at the annual growth rate of US GDP you notice that we are out of the grace of God: hic sunt leones!
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The US real estate market is taking on the appearance of a monster: we are still waiting for the June data of the Case Shiller index, perhaps the most famous index on the trend of the US real estate market, but those of April testify that the boom is close as of rest the poor brother of Case Shille or the Zillow index which instead has reached lunar levels.
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If the Case Shiller and the Zillow are price indicators, however, it is also necessary to take into account what is the fuel of the real estate rise: personal income. So an indicator that I consider particularly indicative is what makes the relationship between the average price of a house (now in the US let’s say between 250,000 and 350,000 dollars) and the median income from work in the USA. Below we see that in reality if we consider this indicator we still have to exceed the maximum of May 2006 and therefore we still have room to run. This means that the + 15% or + 25% we see here is there on the rise of the different US real estate prices, however you want to calculate them, in the last year they are a figure that we will still have to revise upwards, that we like it. or not. There is still fuel to be burned to pump real estate prices and that fuel is precisely the ratio you see below.
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But in reality, even in Italy, sales in the industrial sector show a situation that is often overlooked in the big newspapers: the little train of happiness has started running again as it hasn’t happened since 2011.
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Good habits should never get lost.
But what are the stocks to bet on for the coming week?
We make a brief recap for the new tuned to our channels: the indicator YOU is the tool that allows our readers to save time in selecting actions. Any self-respecting trader, in fact, risks spending entire days looking for stocks that grow steadily for a prolonged period without particular downward shocks. Here, the ITI lists the actions that respect these characteristics just a click away: Click here to consult it every day free at 18.30
And now let’s get to the heart and see the analysis of six stocks selected for you today:
ACTIONS BUILDING CROBATICS: The congestion that started in mid-June is still going on, even if it starts dancing a little more than before. Since the onset of horizontalization, however, not only have prices finished an upward run that began in February, but volumes have flattened out with them as well. The curve, despite everything, is approaching those 45 ° so coveted by traders. While waiting to see a rise again, we console ourselves with reassuring numbers that lead us to still believe in the title: from March to today the prices of Ediliziacrobatica have grown by 129% and the company has closed the first six months of the year with a sales value of 55 million, up 290%. In June alone, the increase was 410%.
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BFF BANK SHARES: Nice uptrend for BFF Bank shares, which at the end of June stopped the climb and went into congestion. Congestion which, it seems, could be over. The volumes don’t drive us crazy, but we keep them good anyway. Prices from March to today have risen by 56%. The group closed the first quarter of the year with a net profit of 35.5 million euros, in line with last year’s results.
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STELLAR WORKSHOP SHARES: Stocks Officina Stellare are now in our sights and I would say that the graph alone tells us why. After a stagnant start to the year, prices and volumes have made an incredible leap since June and now they don’t seem to want to stop. The last formation is also interesting: at the closing of the triangle we expect a change in trend: will it be a further jump to the upside or a period of adjustment? The company recently announced that it has signed a contract worth approximately one million euros with the company ISI – Imagesat International. This was the first official news regarding the company since March: as usual, institutional investors had seen us for a long time anticipating accounts and communications.
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GABETTI SHARES: Vertical growth, after the congestion of mid-June, for Gabetti shares, which now touch a price of 1.95 and are characterized by volumes never seen before. The company recently announced that it intends to complete the fulfillment of all the obligations deriving from the debt restructuring agreement signed in 2013. The board of directors also approved the signing of a shareholder loan with the controlling shareholder Marcegaglia Investments intended to satisfy the creditors’ debt exposures deriving from the debt restructuring agreement. The loan has a duration of 7 years. The company closed the first three months of the current year with operating revenues increased by 190% to 38.7 million euros.
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DIGITAL VALUE SHARES: Hi, my name is Digital Value stocks and I’m here to show you what an ITI-worthy chart looks like: like mine. Indeed, the trend we are facing is almost perfect: the curve really seems at 45 °, the regularity of trends and volumes is unobjectionable and there seems to be no sign of a sudden change around the corner. The company recently communicated some indications regarding the first half of the year, which recorded revenues of 256.6 million euros, up 21.8% compared to the same period last year. The overall results will be announced on August 4th: keep your eyes open.
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GPI ACTIONS: Nice trend, nice volumes and ballerina congestion in place that could burst at any moment (or maybe it has just ended). Prices since the beginning of the year have increased by more than 80% and today are almost 14 euros. For some time now, GPI shares have entered the ranks of friends of the ITI and, for the moment, we like them very much: the expectations have been met.
