{"id":942,"date":"2024-10-27T21:17:38","date_gmt":"2024-10-27T18:17:38","guid":{"rendered":"https:\/\/market-monitor.staginghub.net\/?p=942"},"modified":"2024-11-18T15:44:01","modified_gmt":"2024-11-18T12:44:01","slug":"market-monitor-10","status":"publish","type":"post","link":"https:\/\/market-monitor.staginghub.net\/ro\/2024\/10\/27\/market-monitor-10\/","title":{"rendered":"Market Monitor 10"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>28 Octombrie 2024<\/strong><\/h3>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Bun venit venit la edi\u021bia s\u0103pt\u0103m\u00e2nal\u0103 a newsletter-ului nostru despre pie\u021bele interna\u021bionale.&nbsp;<\/p>\n\n\n\n<p>Acest material este structurat pe<strong> 3 categorii de informa\u021bii, <\/strong>pentru o lectur\u0103 mai facil\u0103 \u0219i urm\u0103rirea cursiv\u0103:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Informa\u021bii de lucru &#8211; MARKET PERFORMANCE&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Informa\u021bii utile &#8211; ADDITIONAL RESOURCES&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Informa\u021bii educative &#8211; EDUCATION GUIDE&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Acest newsletter are scop pur informativ \u0219i educativ, prin urmare nu con\u021bine recomand\u0103ri de investi\u021bii.&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><em>SEC\u021aIUNEA: MARKET PERFORMANCE&nbsp;<\/em><\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Rezumatul s\u0103pt\u0103m\u00e2nii precedente:<\/strong><strong>&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>21 &#8211; 25 Octombrie 2024&nbsp;<\/strong><\/p>\n\n\n\n<p><em>S\u0103pt\u0103m\u00e2na trecut\u0103 nu a avut evenimente economice notabile &#8211; ne afl\u0103m \u00een plin\u0103 perioad\u0103 de raport\u0103ri financiare pentru trimestrul 3 (Q3) al acestui an, iar evenimentul s\u0103pt\u0103m\u00e2nii a fost dat de evolu\u021bia ac\u021biunilor Tesla (TSLA).<\/em><\/p>\n\n\n\n<p>&nbsp;\u25cf <strong>S&amp;P 500 SCADE U\u0218OR, DUP\u0102 6 S\u0102PT\u0102M\u00c2NI DE CRE\u0218TERE<\/strong>. \u00cen s\u0103pt\u0103m\u00e2na 21-25 octombrie 2024, indicele S&amp;P 500 a avut o evolu\u021bie mixt\u0103, cu o tendin\u021b\u0103 general\u0103 de sc\u0103dere, dup\u0103 6 s\u0103pt\u0103m\u00e2ni de cre\u0219tere.<\/p>\n\n\n\n<p>Dup\u0103 o sc\u0103dere ini\u021bial\u0103 la \u00eenceputul s\u0103pt\u0103m\u00e2nii, cauzat\u0103 de rapoartele financiare variate ale companiilor \u0219i de presiunile din sectorul bancar, indicele a reu\u0219it s\u0103 se stabilizeze u\u0219or la sf\u00e2r\u0219itul perioadei.<\/p>\n\n\n\n<p>\u25cf <strong>SECTORUL FINANCIAR D\u0102 SEMNE DE OBOSEAL\u0102<\/strong>. B\u0103ncile americane au continuat s\u0103-\u0219i prezinte rezultatele financiare pentru al treilea trimestru al anului 2024, indic\u00e2nd o performan\u021b\u0103 mixt\u0103. \u00cen general, marile institu\u021bii financiare au avut c\u00e2\u0219tiguri peste a\u0219tept\u0103ri, \u00eens\u0103 au ar\u0103tat semne de presiune pe m\u0103sur\u0103 ce <strong>dob\u00e2nzile ridicate \u00eencep s\u0103 afecteze cererea de \u00eemprumuturi \u0219i marjele de profit.<\/strong><\/p>\n\n\n\n<p>Veniturile din dob\u00e2nzi au sc\u0103zut la toate cele trei mari b\u0103nci &#8211; JPMorgan Chase, Citigroup \u0219i Wells Fargo.<\/p>\n\n\n\n<p><strong>Evolu\u021bia ac\u021biunilor nu a fost foarte pozitiv\u0103, \u00een ciuda unor c\u00e2\u0219tiguri peste a\u0219tept\u0103ri.<\/strong> Ac\u021biunile JPMorgan au sc\u0103zut cu 1,2%, Citigroup cu 1,8%, iar Wells Fargo a \u00eenregistrat o sc\u0103dere mai accentuat\u0103 de 6% dup\u0103 raportare, suger\u00e2nd o reac\u021bie prudent\u0103 a pie\u021bei fa\u021b\u0103 de rezultatele \u0219i perspectivele sectorului bancar.<\/p>\n\n\n\n<p>\u00cen prezent, companiile care alc\u0103tuiesc acest sector au o pondere de aproximativ 20% din \u00eentreaga capitalizare bursier\u0103 a celor mai companii din indicele S&amp;P 500.<\/p>\n\n\n\n<p>Pentru anul \u00een curs, sectorul bancar este al patrulea cel mai performant din punct de vedere al randamentului bursier, cu o cre\u015ftere sub cea oferit\u0103 de indicele etalon S&amp;P 500, fiind devansat de sectoarele de utilit\u0103\u0163i, comunica\u0163ii \u015fi tehnologie.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXeF1za_WjVOFMpljKxMmWZ0chnoFOjQW2AQY6i0zZWJBMWROxlu6LqW6qUAZnuweFQX6r7VUumI8fnpnIf_2bHWIfXAJ8ExiwuG5d01IGcsVkrlbuQ6mczdNIHOndEkMj6KtY44IjNM6_d8kGxecJinOyZeZbeFET3mT7bZLQ?key=nwKFWs-LWVICYY1V5iO7AQ\" alt=\"\"\/><\/figure>\n\n\n\n<p><em>Sursa: Finviz<\/em><\/p>\n\n\n\n<p>\u25cf <strong>TESLA &#8211; CEA MAI MARE CRE\u0218TERE DIN ULTIMII 10 ANI <\/strong>.Tesla a avut o performan\u021b\u0103 notabil\u0103 s\u0103pt\u0103m\u00e2na trecut\u0103, dup\u0103 raport\u0103rile de pe Q3. A raportat un EPS de 72 de cen\u021bi fa\u021b\u0103 de o valoare de 58 de cen\u021bi previzionat\u0103. Veniturile au crescut cu 8% fa\u021b\u0103 de anul trecut, \u00een aceea\u0219i perioad\u0103, de la 23,35 miliarde de dolari anul trecut, la 25,18 miliarde la aceast\u0103 raportare.<\/p>\n\n\n\n<p>&nbsp;<strong>De altfel, ac\u021biunile Tesla au avut cea mai bun\u0103 perioad\u0103 s\u0103pt\u0103m\u00e2na trecut\u0103 din ultimii 10 ani, <\/strong>cu un avans de 22%, asta \u0219i datorit\u0103 previziunilor de v\u00e2nz\u0103ri pentru anul viitor, care arat\u0103 o cre\u0219tere \u00eentre 20-30%.<\/p>\n\n\n\n<p>\u25cf <strong>RANDAMENTELE LA BONDURI CONTINU\u0102 S\u0102 CREASC\u0102<\/strong>. Randamentele la bonduri au continuat s\u0103 creasc\u0103 \u0219i s\u0103pt\u0103m\u00e2na trecut\u0103 &#8211; de altfel se afl\u0103 \u00een cre\u0219tere de la momentul \u00een care Fed a t\u0103iat rata dob\u00e2nzii, \u00een Septembrie &#8211; bondurile la 10 ani au ajuns la 4,20%, cea mai mare valoare din ultimele 12 s\u0103pt\u0103m\u00e2ni.&nbsp;<\/p>\n\n\n\n<p>Aceast\u0103 cre\u0219tere a randamentelor la bonduri pare a fi un rezultat al datelor bune din economie &#8211; infla\u021bia \u0219i pia\u021ba muncii &#8211; care au mai temperat av\u00e2ntul Fed de a t\u0103ia rata dob\u00e2nzii iar a\u0219teptatele alegeri \u0219i \u00eengrijor\u0103rile fa\u021b\u0103 de nivelul datoriilor SUA au contribuit \u0219i acestea la volatilitatea acestor randamente.<strong> De altfel, exper\u021bii se a\u0219teapt\u0103 ca randamentele s\u0103 stea \u00eentre 3,5% &#8211; 4% \u0219i s\u0103 nu dep\u0103\u0219easc\u0103 nivelurile din 2023.<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>SEZONUL RAPORT\u0102RILOR FINANCIARE<\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>The week of THE BIG FIVE&nbsp;<\/strong><\/h4>\n\n\n\n<p><strong>Raportari financiare importante<\/strong><strong>:<\/strong><strong> s\u0103pt\u0103m\u00e2na asta vom avea gigan\u021bii tehnologici Google, Microsoft, Apple, Facebook (Meta), Amazon.<\/strong><\/p>\n\n\n\n<p><strong>Apoi Uber, Visa, Mastercard, Exxon, Chevron \u0219i multe alte companii foarte importante.<\/strong><\/p>\n\n\n\n<p><strong>&nbsp;<span style=\"background-color:#a40d0d\" class=\"td_text_highlight_marker\">ATEN\u021aIE:<\/span> Numeroase raport\u0103ri financiare \u00een s\u0103pt\u0103m\u00e2na care s-a \u00eencheiat&nbsp; pentru Q3 20024 \u0219i alte raport\u0103ri importante \u00een s\u0103pt\u0103m\u00e2na care urmeaz\u0103, ce v\u0103 pot afecta portofoliul. Verifica\u021bi datele de raportarele pentru ac\u021biunile de\u021binute \u0219i urm\u0103ri\u021bi \u00eendeaproape evolu\u021bia lor \u00een aceast\u0103 perioad\u0103. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Ce s-a \u00eent\u00e2mplat s\u0103pt\u0103m\u00e2na trecut\u0103<\/strong><\/h4>\n\n\n\n<div style=\"height:18px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>S\u0103pt\u0103m\u00e2na ce s-a \u00eencheiat a fost marcat\u0103 de raportarea mult peste a\u0219tept\u0103ri a EPS pentru Tesla, care a condus la o cre\u0219tere a ac\u021biunii produc\u0103torului american de ma\u0219ini electrice cu 22%.<\/p>\n\n\n\n<p>Ai mai jos un tabel cu c\u00e2teva dintre firmele mai importante care au prezentat rezultatele financiare ale activit\u0103\u021bii pentru trimestrul trecut.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1290\" height=\"690\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/sapt-trecuta-bun-Copy.png\" alt=\"\" class=\"wp-image-945\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/sapt-trecuta-bun-Copy.png 1290w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/sapt-trecuta-bun-Copy-300x160.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/sapt-trecuta-bun-Copy-1024x548.png 1024w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/sapt-trecuta-bun-Copy-768x411.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/sapt-trecuta-bun-Copy-150x80.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/sapt-trecuta-bun-Copy-696x372.png 696w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/sapt-trecuta-bun-Copy-1068x571.png 1068w\" sizes=\"(max-width: 1290px) 100vw, 1290px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Ce se va \u00eent\u00e2mpla s\u0103pt\u0103m\u00e2na aceasta:<\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u00cen aceast\u0103 s\u0103pt\u0103m\u00e2n\u0103, sute de alte raport\u0103ri &#8211; mar\u021bi, miercuri \u0219i joi, firmele majore din <strong>Technology<\/strong> iar vineri firmele mari din <strong>Energy.<\/strong><\/p>\n\n\n\n<p>Mai jos, o scurt\u0103 selec\u021bie cu unele dintre firmele majore ce \u00ee\u0219i vor prezenta public cifrele s\u0103pt\u0103m\u00e2na aceasta:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1214\" height=\"1033\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/earnings-01-noiembrie-1.png\" alt=\"\" class=\"wp-image-947\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/earnings-01-noiembrie-1.png 1214w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/earnings-01-noiembrie-1-300x255.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/earnings-01-noiembrie-1-1024x871.png 1024w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/earnings-01-noiembrie-1-768x653.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/earnings-01-noiembrie-1-150x128.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/earnings-01-noiembrie-1-696x592.png 696w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/earnings-01-noiembrie-1-1068x909.png 1068w\" sizes=\"(max-width: 1214px) 100vw, 1214px\" \/><\/figure>\n\n\n\n<p>Vezi toate raport\u0103rile s\u0103pt\u0103m\u00e2nii aici: <a href=\"https:\/\/www.investing.com\/earnings-calendar\/\">https:\/\/www.investing.com\/earnings-calendar\/<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Analiza evolu\u021biei principalilor indici<\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Indicii americani au avut evolutie mixt\u0103 s\u0103pt\u0103m\u00e2na trecut\u0103:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>S&amp;P 500 (simbol US500\/SPX) a sc\u0103zut cu <\/strong><strong>0,96%<\/strong><strong>&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Dow Jones Industrial Average (simbol DJI) a sc\u0103zut cu <\/strong><strong>2.68%<\/strong><strong>&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Nasdaq Composite (simbol IXIC) a crescut cu <\/strong><strong>0,16%<\/strong><strong>&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"1024\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.51.27.png\" alt=\"\" class=\"wp-image-949\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.51.27.png 870w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.51.27-255x300.png 255w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.51.27-768x904.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.51.27-150x177.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.51.27-300x353.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.51.27-696x819.png 696w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><\/figure>\n\n\n\n<p><strong><em>S&amp;P 500 (US) &#8211; grafic daily&nbsp; <\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"872\" height=\"1022\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.53.52.png\" alt=\"\" class=\"wp-image-951\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.53.52.png 872w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.53.52-256x300.png 256w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.53.52-768x900.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.53.52-150x176.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.53.52-300x352.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.53.52-696x816.png 696w\" sizes=\"(max-width: 872px) 100vw, 872px\" \/><\/figure>\n\n\n\n<p><strong><em>DJI (US) &#8211; grafic daily&nbsp;&nbsp;&nbsp;&nbsp;<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"1024\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.55.45.png\" alt=\"\" class=\"wp-image-953\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.55.45.png 870w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.55.45-255x300.png 255w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.55.45-768x904.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.55.45-150x177.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.55.45-300x353.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-26-at-11.55.45-696x819.png 696w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><\/figure>\n\n\n\n<p><strong><em>NASDAQ Composite (US)- daily&nbsp;&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p><strong><em>Sursa graficelor: investing.com&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p><strong>Trendul r\u0103m\u00e2ne cresc\u0103tor pentru pia\u021ba american\u0103<\/strong>, \u00eens\u0103 cre\u0219terea a \u00eenceput s\u0103 piard\u0103 momentum. Indicatorul RSI pentru to\u021bi cei trei indici bursieri americani are divergen\u021b\u0103 negativ\u0103 (indicii au atins noi maxime \u00een timp ce RSI a ramas sub nivelul de 70).<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Evolutii pe sectoare, s\u0103pt\u0103m\u00e2na trecut\u0103 \/ 21 &#8211; 25 Octombrie<\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfuVHqclpqRbTq0Sr86jnCmrdy_wD4-6jOp8invOSzucY-cJ6aAXhIm6pdA4V4f64muhcpy6p9UEzCYRbQ9it5HmGes7I2H_yM8LiIIYkpgmb18V3J2uvqYXaslAKNzTbiLqoPtGSkE53TL154EJDTFqGdRz2oefhYvHus-bQ?key=nwKFWs-LWVICYY1V5iO7AQ\" alt=\"\"\/><\/figure>\n\n\n\n<p><em>Sursa: Finviz<\/em><\/p>\n\n\n\n<p>O s\u0103pt\u0103m\u00e2n\u0103 cu <strong>2 sectoare pe verde<\/strong> <strong>9 sectoare pe sc\u0103dere.<\/strong><\/p>\n\n\n\n<p><strong><em>Bursa are o u\u0219oar\u0103 sc\u0103dere dup\u0103 6 s\u0103pt\u0103m\u00e2ni de cre\u0219tere, un lucru firesc de altfel, ceea ce a dus la sc\u0103deri generale pe aproape toate sectoarele, cele care au r\u0103mas pe cre\u0219tere au avansuri infime. Cu toate c\u0103 a existat un trend general, \u00ee\u021bi d\u0103m \u0219i c\u00e2teva elemente de insight din unele sectoare pentru a explica \u0219i mai bine declinul unora dintre ele din s\u0103pt\u0103m\u00e2na care a trecut.<\/em><\/strong><\/p>\n\n\n\n<p><strong>HEALTHCARE PE SC\u0102DERE:<\/strong> Companiile de asigur\u0103ri \u0219i sistemele de s\u0103n\u0103tate au fost afectate de reglement\u0103rile recente care au redus tarifele de rambursare \u00een Medicare Advantage \u0219i au dus la o sc\u0103dere a \u00eenscrierilor \u00een Medicaid. Aceste schimb\u0103ri au generat \u00eengrijor\u0103ri privind viabilitatea financiar\u0103 a unor entit\u0103\u021bi din sector.<\/p>\n\n\n\n<p><strong>INDUSTRIALS &#8211; \u00ceN U\u0218OR DECLIN. Produc\u021bia industrial\u0103<\/strong> a sc\u0103zut cu 0,3% \u00een septembrie, sub a\u0219tept\u0103rile pie\u021bei. Sc\u0103derea a fost influen\u021bat\u0103 de greve \u00een sectorul aeronautic \u0219i de efectele negative ale unor furtuni, ceea ce a afectat semnificativ produc\u021bia.<\/p>\n\n\n\n<p><strong>FINANCIAL, EVOLU\u021aII MIXTE. <\/strong>De\u0219i marile b\u0103nci au oferit rezultate bune pe Q3, exist\u0103 un fenomen de sc\u0103dere a profiturilor \u00een r\u00e2ndul lor din cauza men\u021binerii \u00eenc\u0103 a dob\u00e2nzilor ridicate, ceea ce descurajeaz\u0103 \u00eemprumuturile.<\/p>\n\n\n\n<p><strong>BASIC MATERIALS, RAPORT\u0102RI MAI SLABE. <\/strong>Mai multe companii din sectorul materialelor de baz\u0103 au publicat rezultate financiare care nu au \u00eendeplinit a\u0219tept\u0103rile anali\u0219tilor. De exemplu, companii precum <em>Freeport-McMoRan<\/em> \u0219i <em>Cleveland-Cliffs<\/em> au raportat sc\u0103deri semnificative ale veniturilor \u0219i profiturilor, ceea ce a generat o reac\u021bie negativ\u0103 pe pia\u021b\u0103.<\/p>\n\n\n\n<p>Pre\u021burile pentru materiile prime, cum ar fi cuprul \u0219i fierul, au \u00eenregistrat sc\u0103deri \u00een ultimele s\u0103pt\u0103m\u00e2ni, ceea ce afecteaz\u0103 direct profiturile companiilor din acest sector. <strong>De exemplu, pre\u021bul cuprului a sc\u0103zut cu aproximativ 9% de la \u00eenceputul anului,<\/strong> iar perspectiva asupra cererii din China, principalul consumator de materii prime, r\u0103m\u00e2ne incert\u0103\u200b.<\/p>\n\n\n\n<p><strong>Cre\u0219teri:<\/strong><\/p>\n\n\n\n<p>\u25a0 <strong>Consumer Cyclical, <\/strong>cu o cre\u0219tere de +0,16 %<\/p>\n\n\n\n<p>\u25a0 <strong>Communication Services, <\/strong>cu o cre\u0219tere de +0,1%&nbsp;<\/p>\n\n\n\n<p><strong>Sc\u0103deri:<\/strong><\/p>\n\n\n\n<p>\u25a0 <strong>Technology, <\/strong>cu o&nbsp; sc\u0103dere&nbsp; de de -0,01 %<\/p>\n\n\n\n<p>\u25a0 <strong>Energy, <\/strong>cu o sc\u0103dere de -0,53%<\/p>\n\n\n\n<p>\u25a0 <strong>Consumer defensive, <\/strong>cu o&nbsp; sc\u0103dere&nbsp; de -1,05 %<\/p>\n\n\n\n<p>\u25a0 <strong>Utilities, <\/strong>cu o&nbsp; sc\u0103dere&nbsp; de&nbsp; -1,43%<\/p>\n\n\n\n<p>\u25a0 <strong>Real Estate, <\/strong>cu o&nbsp; sc\u0103dere&nbsp; de -1,79 %<\/p>\n\n\n\n<p>\u25a0 <strong>Financial, <\/strong>cu o&nbsp; sc\u0103dere&nbsp; de -2,29%<\/p>\n\n\n\n<p>\u25a0 <strong>Basic materials, <\/strong>cu o&nbsp; sc\u0103dere&nbsp; de -2,72 %<\/p>\n\n\n\n<p>\u25a0 <strong>Industrials, <\/strong>cu o&nbsp; sc\u0103dere&nbsp; de -2,85 %&nbsp;<\/p>\n\n\n\n<p>\u25a0 <strong>Healthcare, <\/strong>cu o sc\u0103dere de -3,16 %<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Calendarul s\u0103pt\u0103m\u00e2nii \u00een curs \/ 28 Octombrie &#8211; 01 Noiembrie<\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong><em>S\u0103pt\u0103m\u00e2na aceasta se a\u0219teapt\u0103 c\u00e2teva evenimente economice importante \u0219i raport\u0103ri de indici relevan\u021bi pentru economia american\u0103 &#8211; \u0219i anume raportarea cifrelor despre infla\u021bie, a cifrelor despre pia\u021ba muncii, produsul intern brut, ISM Manufacturing \u0219i a indicelui Consumer Confidence.<\/em><\/strong><\/p>\n\n\n\n<p><strong><em>Nu uita\u021bi de sezonul raport\u0103rilor financiare, fi\u021bi cu ochii pe \u201dearnings\u201d la firmele pe care le ai deja \u00een portofoliu \u0219i la cele pe care dore\u0219ti s\u0103 cumperi.<\/em><\/strong><\/p>\n\n\n\n<p><strong>MAR\u021aI \/ 29 OCTOMBRIE<\/strong><\/p>\n\n\n\n<p><strong>Ora 17,00<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><em>IMPORTANT<\/em> : Consumer Confidence &#8211;<\/strong> Se a\u0219teapt\u0103 o cre\u0219tere a acestui indice pentru luna Octombrie, de la 98,7 la 99,2, ceea ce arat\u0103 o cre\u0219tere a \u00eencrederii consumatorilor \u00een economia american\u0103 \u0219i \u00een starea financiar\u0103 proprie.<\/li>\n<\/ul>\n\n\n\n<p><strong>MIERCURI \/ 30 OCTOMBRIE<\/strong><\/p>\n\n\n\n<p><strong>Ora 15,15<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>ADP Employment <\/strong>&#8211; un indice care m\u0103soar\u0103 num\u0103rul de joburi noi dar numai din domeniul privat. Este prev\u0103zut\u0103<strong> o sc\u0103dere<\/strong> de la 143,000 pentru luna Septembrie la numai 113,000 pentru luna Octombrie. Trebuie v\u0103zut cum va privi Fed aceast\u0103 sc\u0103dere, mai ales c\u0103 vineri va fi si <strong>USEmployment<\/strong> (de data asta sunt m\u0103surate toate joburile, \u0219i la stat \u0219i privat), care anun\u021b\u0103 \u0219i el sc\u0103deri.<\/li>\n<\/ul>\n\n\n\n<p><strong>Ora 15,30<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><em>IMPORTANT<\/em> : GDP<\/strong> &#8211; previziunile arat\u0103 o cre\u0219tere a PIB-ului american pentru trimestrul Q3 la 3,2%, de la numai 3% trimestrul anterior, confirm\u00e2nd cre\u0219terea economic\u0103 din ultima perioad\u0103.<\/li>\n<\/ul>\n\n\n\n<p><strong>JOI \/ 31 OCTOMBRIE&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>ORA 15,30&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Personal Income<\/strong> &#8211; ve\u0219ti bune pentru americani, li se previzioneaz\u0103 cre\u0219terea de venituri \u00een luna Octombrie cu 0,4%. Indicele <strong>Personal Spendings <\/strong>are previzionat s\u0103 urmeze aceea\u0219i evolu\u021bie, la acelea\u0219i cifre.<\/li>\n\n\n\n<li><\/li>\n\n\n\n<li><strong><em>IMPORTANT <\/em>: Infla\u021bia \/ Personal Consumption Expenditures Index (year to year) <\/strong>&#8211; este previzionat\u0103 o sc\u0103dere a infla\u021bie, continu\u00e2nd astfel trendul descresc\u0103tor, la 2,1% fa\u021b\u0103 de valoarea anterioar\u0103 de 2,2%. \u021ainta Fed este o infla\u021bie anualizat\u0103 pentru Decembrie de 2%.<\/li>\n\n\n\n<li><\/li>\n\n\n\n<li><strong>Core PCE <\/strong>&#8211; indicele infla\u021biei din care au fost excluse alimentele \u0219i energia, care au fluctua\u021bii de pre\u021b mari, \u0219i conjuncturale, este a\u0219teptat s\u0103 scad\u0103 pe Octombrie la 2,6% de la raportarea anterioar\u0103 de 2,7%.<\/li>\n<\/ul>\n\n\n\n<p><strong>VINERI \/ 01 NOIEMBRIE&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>ORA 15,30<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><em>IMPORTANT<\/em>: US employment report<\/strong> &#8211; se anun\u021b\u0103 o sc\u0103dere pe luna Octombrie a num\u0103rului de joburi adaugate economiei americane de la 254,000 \u00een luna anterioar\u0103 la 110,000 luna aceasta.<\/li>\n<\/ul>\n\n\n\n<p>Dac\u0103 pia\u021ba muncii d\u0103 semne clare de sl\u0103bire, Fed ar putea lua \u00een considerare sc\u0103derea ratelor dob\u00e2nzilor pentru a stimula activitatea economic\u0103. Ratele mai mici \u00eencurajeaz\u0103 investi\u021biile \u0219i consumul, contribuind la cre\u0219terea cererii \u0219i la o revenire a pie\u021bei muncii.<\/p>\n\n\n\n<p>E posibil ca, av\u00e2nd \u00een vedere c\u0103 ceilal\u021bi indici importan\u021bi raporta\u021bi sunt \u00een cre\u0219tere, arat\u0103 bine, Fed s\u0103 nu se abat\u0103 de la politica sa a t\u0103ierilor cu pa\u0219i mici a dob\u00e2nzii de referin\u021b\u0103.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><em>IMPORTANT<\/em> : US unemployment report &#8211; <\/strong>\u0219omajul este previzionat ca fiind sta\u021bionar, la 4,1%.<\/li>\n<\/ul>\n\n\n\n<p><strong>ORA 17,00<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>ISM Manufacturing<\/strong> &#8211; indicele care m\u0103soar\u0103 activitatea \u00een sectorul manufacturier din US este previzionat a <strong>cre\u0219te de la 47,2% la 47,6%<\/strong>, ceea ce indic\u0103 o activitate \u00een cre\u0219tere \u00een acest sector esen\u021bial al economiei americane.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Analiza trendurilor principalilor indici bursieri&nbsp;<\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Iat\u0103 cum au stat lucrurile s\u0103pt\u0103m\u00e2na trecut\u0103 pentru 5 dintre indicii globali:&nbsp;<\/p>\n\n\n\n<p>\u25cf <strong>S&amp;P500, US (simbol US500) <\/strong>a \u00eenregistrat o sc\u0103dere de 0,96% \u00een ultima s\u0103pt\u0103m\u00e2n\u0103;<\/p>\n\n\n\n<p>\u25cf <strong>DAX, Germania (simbol DE40) <\/strong>a \u00eenregistrat o sc\u0103dere de 0,99% \u00een ultima s\u0103pt\u0103m\u00e2n\u0103;&nbsp;<\/p>\n\n\n\n<p>\u25cf&nbsp; <strong>Shanghai, China (SSEC) <\/strong>a \u00eenregistrat o cre\u0219tere de 1,17%&nbsp; \u00een ultima s\u0103pt\u0103m\u00e2n\u0103;<\/p>\n\n\n\n<p>\u25cf <strong>Nifty, India (NFTY) <\/strong>a \u00eenregistrat o sc\u0103dere de 2,71% \u00een ultima s\u0103pt\u0103m\u00e2n\u0103;&nbsp;<\/p>\n\n\n\n<p>\u25cf <strong>Nikkei 225, Japonia (simbol JP225) <\/strong>a \u00eenregistrat o sc\u0103dere de 2,80% \u00een ultima s\u0103pt\u0103m\u00e2n\u0103.&nbsp;<\/p>\n\n\n\n<p><strong>Indicele DAX din Germania <\/strong>a corectat u\u0219or s\u0103pt\u0103m\u00e2na aceasta.&nbsp;<\/p>\n\n\n\n<p><strong>Indicelui Shanghai Composite <\/strong>s-a stabilizat dup\u0103 corec\u021bia de 50% din cre\u0219terea \u00eenceput\u0103 \u00een luna septembrie. &nbsp;<\/p>\n\n\n\n<p>Indicele din <strong>India <\/strong>a continuat s\u0103pt\u0103m\u00e2na aceasta tendin\u021ba descresc\u0103toare. Trendul pe termen scurt este negativ.<\/p>\n\n\n\n<p><strong>Indicele japonez <\/strong>reintr\u0103 pe trend negativ. Revenirea de dup\u0103 pr\u0103bu\u0219irea din luna august pare mai degrab\u0103 <strong>corectiv\u0103<\/strong> dec\u00e2t reluarea trendului cresc\u0103tor.&nbsp;<\/p>\n\n\n\n<p><strong>Vezi graficele de mai jos:&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"872\" height=\"982\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-09.19.02.png\" alt=\"\" class=\"wp-image-955\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-09.19.02.png 872w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-09.19.02-266x300.png 266w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-09.19.02-768x865.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-09.19.02-150x169.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-09.19.02-300x338.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-09.19.02-696x784.png 696w\" sizes=\"(max-width: 872px) 100vw, 872px\" \/><\/figure>\n\n\n\n<p><strong><em>DAX (Germania) &#8211; grafic daily&nbsp; &nbsp; &nbsp;<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"872\" height=\"1024\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.14.00-872x1024.png\" alt=\"\" class=\"wp-image-957\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.14.00-872x1024.png 872w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.14.00-256x300.png 256w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.14.00-768x902.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.14.00-150x176.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.14.00-300x352.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.14.00-696x817.png 696w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.14.00.png 874w\" sizes=\"(max-width: 872px) 100vw, 872px\" \/><\/figure>\n\n\n\n<p><strong><em> Shanghai Composite (China) &#8211; daily<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"984\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.19.03.png\" alt=\"\" class=\"wp-image-959\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.19.03.png 870w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.19.03-265x300.png 265w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.19.03-768x869.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.19.03-150x170.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.19.03-300x339.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.19.03-696x787.png 696w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><\/figure>\n\n\n\n<p><strong><em>Nifty 50 (India) &#8211; grafic daily<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"874\" height=\"984\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.20.55.png\" alt=\"\" class=\"wp-image-961\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.20.55.png 874w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.20.55-266x300.png 266w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.20.55-768x865.png 768w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.20.55-150x169.png 150w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.20.55-300x338.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-27-at-10.20.55-696x784.png 696w\" sizes=\"(max-width: 874px) 100vw, 874px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-left\"><strong><em>&nbsp;Indicele Nikkei 225 &#8211; grafic daily &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Sursa investing.com<\/em><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Opinii \u0219i perspective &#8211; ce spun anali\u0219tii&nbsp;<\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>\u25cf <\/strong><strong>WALL STREET \u00ceNCEARC\u0102 S\u0102 EXPLICE DE CE PIE\u021aELE DE MI\u0218C\u0102 SURPRINZ\u0102TOR. <\/strong>Rela\u021bia clasic\u0103 de raportare \u00eentre ac\u021biuni, bonduri, aur \u0219i dolarul american se pare c\u0103 s-a \u00eencheiat odat\u0103 cu surprizele pe care le ofer\u0103 \u00eencontinuu economia american\u0103. De obicei, c\u00e2nd una cre\u0219tea, cealalt\u0103 sc\u0103dea \u0219i invers, acum acest mecanism de corela\u021bie pare s\u0103 nu mai func\u021bioneze.<\/p>\n\n\n\n<p><strong><em>\u201d<\/em><\/strong><strong><em>In the past, the dollar and gold have shared an inverse trading relationship, according to a MarketWatch analysis of FactSet data. But on a 50-day rolling basis, the correlation between the two has recently moved toward positive territory to a degree unseen since 2022<\/em><\/strong><strong><em>.<\/em><\/strong><strong><em>\u201d<\/em><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/markets-are-moving-in-mysterious-ways-and-wall-street-is-struggling-to-explain-why-3adf51b8?mod=home-page\">vezi articolul aici<\/a><\/p>\n\n\n\n<p><strong>\u25cf<\/strong> <strong>O SCURT\u0102 ANALIZ\u0102 A CELOR CINCI MARI COMPANII TECH<\/strong>. Anali\u0219tii de la<strong> TheStreet<\/strong> fac o trecere \u00een revist\u0103 a raport\u0103rilor, \u0219i scurte previziuni legate de aceste raport\u0103ri din<strong> Technology<\/strong>, f\u0103c\u00e2nd men\u021biunea c\u0103 prezentarea rezultatelor financiare&nbsp; au un patern &#8211; \u00eencep la dou\u0103 s\u0103pt\u0103m\u00e2ni dup\u0103 terminarea trimestrului, \u00een principal cu marile b\u0103nci \u0219i cu juc\u0103torii din <strong>Financial, <\/strong>apoi cu cei din Energy \u0219i Retail, iar la mijlocul perioadei apar gigan\u021bii din tehnologie (s\u0103pt\u0103m\u00e2na asta).<\/p>\n\n\n\n<p><a href=\"https:\/\/finance.yahoo.com\/news\/stocks-bracing-monster-week-043030039.html\">vezi articolul aici<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CE AC\u021aIUNI VOR CRE\u0218TE DAC\u0102 VA C\u00c2\u0218TIGA TRUMP? <\/strong>Anali\u0219tii de la <strong>Seeking Alpha<\/strong> cred c\u0103 politica lui Trump de deregularizare va ajuta anumite companii, cum ar fi cele din Big Tech.<\/li>\n<\/ul>\n\n\n\n<p><strong>\u201d<\/strong><strong>A Trump administration would see a lot less focus on antitrust regulation. History suggests large-cap tech stocks such as Apple (<\/strong><a href=\"https:\/\/seekingalpha.com\/symbol\/AAPL#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\"><strong>AAPL<\/strong><\/a><strong>) and Microsoft (<\/strong><a href=\"https:\/\/seekingalpha.com\/symbol\/MSFT#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\"><strong>MSFT<\/strong><\/a><strong>) would do well under Trump. This time around, Tesla (NASDAQ:<\/strong><a href=\"https:\/\/seekingalpha.com\/symbol\/TSLA#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\"><strong>TSLA<\/strong><\/a><strong>) gets a special mention since the stock\u2019s valuation multiple immediately gets the \u201cfriends-and-family\u201d discount under a Trump administration.Bitcoin and crypto ETFs would also get a boost from a crypto-friendly Trump administration that may not focus on regulating the industry as much as the incumbent administration has been.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/seekingalpha.com\/news\/4209456-sa-asks-which-tech-stocks-could-rise-or-fall-on-a-trump-win\">vezi articolul aici<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><em>La final, dup\u0103 ce ai fost pus la curent cu informa\u021biile importante din ultima s\u0103pt\u0103m\u00e2n\u0103,<\/em><em> <\/em><em>am ajuns \u0219i la <\/em><strong><em>capitolul s\u0103pt\u0103m\u00e2nal de educa\u021bie<\/em><\/strong><em>.<\/em><em>&nbsp;<\/em><\/p>\n\n\n\n<p><em>Vei primi informa\u021bii peste nivelul cursurilor clasice, cu<\/em><em> <\/em><em>analize pe cazuri concrete, de analiz\u0103 fundamental\u0103 \u0219i analiz\u0103 tehnic\u0103, ce te vor ajuta s\u0103 \u00een\u021belegi mai bine pia\u021ba.<\/em><em>&nbsp;<\/em><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong><em>EDUCATION GUIDE<\/em><\/strong><\/h4>\n\n\n\n<p><strong>Analiza Fundamental\u0103.&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>DOI INDICATORI CALCULA\u021aI PE BAZA PER<\/strong><\/p>\n\n\n\n<p><strong><em>Ce al\u021bi indicatori mai putem folosi exceptand PER ? Doi indicatori care folosesc PER&nbsp; \u00een calcul \u0219i&nbsp; care pot aduce informa\u021bii in plus in decizia de investi\u021bie.&nbsp;&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>&nbsp;In articolul din edi\u021bia trecut\u0103, nr. 9 din data de 21 octombrie, am analizat indicatorul PER.<\/p>\n\n\n\n<p>In articolul de ast\u0103zi vom vedea cum, al\u021bi doi indicatori calculati pe baza PER, vin sa ne sprijine in decizia de investi\u021bie. Primul indicator calculat pe baza PER si care ne furnizeaza informa\u021bii importante este forward PER (prescurtat fwd PER sau fwd P\/E).<\/p>\n\n\n\n<p>Cum se calculeaz\u0103 indicatorul fwd PER? Pentru calculul fwd PER folosim urm\u0103toarea formul\u0103:<\/p>\n\n\n\n<p><strong>Fwd PER (Fwd P\/E) =&nbsp; Valoarea de piata a unei ac\u021biuni\/ EPS estimat*<\/strong><\/p>\n\n\n\n<p><em>*Unde EPS estimat este cel pentru urm\u0103torul an fiscal<\/em><\/p>\n\n\n\n<p>EPS estimat pentru urm\u0103torul an fiscal este cel publicat de companii, pe baza estimarilor.<\/p>\n\n\n\n<p>Continu\u00e2nd cu exemplul companiei Eli Lilly &amp; Company (simbol LLY), ob\u021binem urm\u0103toarea valoare pentru Fwd PER:<\/p>\n\n\n\n<p>Fwd PER (Fwd P\/E) = 884.48 USD\/ 22.72 USD = 39.<\/p>\n\n\n\n<p>Prin compara\u021bie cu celelalte companii, LLY ramane compania cu cel mai mare fwd PER dintre cele selectate:&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"369\" height=\"279\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-1-1.png\" alt=\"\" class=\"wp-image-963\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-1-1.png 369w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-1-1-300x227.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-1-1-150x113.png 150w\" sizes=\"(max-width: 369px) 100vw, 369px\" \/><\/figure>\n\n\n\n<p><em>Sursa: Finviz<\/em><\/p>\n\n\n\n<p>\u00cen plus, observ\u0103m urm\u0103toarele :<\/p>\n\n\n\n<p>i.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Pentru toate companiile indicatorul fwd P\/E are valori <strong>mai mici decat indicatorul P\/E<\/strong>. Acest lucru se datoreaza faptului ca toate companiile au estimat o cre\u0219tere pentru EPS estimat.<\/p>\n\n\n\n<p>ii.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Toate companiile&nbsp; au un fwd P\/E care se \u00eencadreaz\u0103 <strong>\u00een jurul sau sub media pe sector<\/strong> (reamintim ca media pe sector este de 36.9). Putem deci concluziona ca pre\u021bul actual al ac\u021biunii ia deja \u00een considerare a\u0219tept\u0103rile investitorilor privind castigurile viitoare.<\/p>\n\n\n\n<p>iii.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Companiile pentru care nu se poate calcula P\/E pentru perioada curent\u0103 au valori pentru indicatorul fwd P\/E. Acest lucru face ca aceste companii s\u0103 poat\u0103 fi comparate cu cele din acela\u0219i sector \u0219i deci sa le putem evalua pe baza acestui indicator.<\/p>\n\n\n\n<p>Cel de-al doilea indicator calculat pe baza PER si care ne furnizeaza informa\u021bii importante este <strong>Price\/Earnings to Growth (prescurtat PEG).<\/strong><\/p>\n\n\n\n<p><strong>Cum se calculeaz\u0103 indicatorul PEG?<\/strong><\/p>\n\n\n\n<p>Iat\u0103 formula de calcul pentru indicatorul PEG:<\/p>\n\n\n\n<p><strong>PEG = PER \/ EPS growth rate<\/strong><\/p>\n\n\n\n<p><strong>PEG = PER \/ Rata de cre\u0219tere a profitului<\/strong><\/p>\n\n\n\n<p>\u00cen timp ce un raport P\/E sc\u0103zut poate face ca o ac\u021biune s\u0103 par\u0103 o achizi\u021bie bun\u0103, luarea \u00een considerare a ratei de cre\u0219tere a companiei pentru a ob\u021bine raportul PEG al ac\u021biunilor poate spune o poveste diferit\u0103.<\/p>\n\n\n\n<p>Cu c\u00e2t raportul PEG este mai mic, cu at\u00e2t ac\u021biunile tind sa fie subevaluate av\u00e2nd \u00een vedere a\u0219tept\u0103rile sale viitoare privind c\u00e2\u0219tigurile. Includerea ratei de cre\u0219tere a\u0219teptate a unei companii \u00een raport ajut\u0103 la ajustarea rezultatului pentru companiile care pot avea o rat\u0103 de cre\u0219tere ridicat\u0103 \u0219i un raport P\/E ridicat.<\/p>\n\n\n\n<p>Gradul \u00een care PEG indic\u0103 faptul ca o ac\u021biune este supraevaluat\u0103 sau subevaluat\u0103 variaz\u0103 \u00een func\u021bie de industrie \u0219i de tipul de companie. Ca regul\u0103 general\u0103, unii investitori consider\u0103 c\u0103 un raport PEG sub 1 este de dorit.<\/p>\n\n\n\n<p>Continu\u00e2nd cu exemplul companiilor din sectorul Healthcare, industria Drug Manufacturers &#8211; General cu capitalizare mai mare de 100 miliarde de dolari, calcul\u0103m PEG astfel:<\/p>\n\n\n\n<p><strong>PEG = PER \/ EPS next 5Y*<\/strong><\/p>\n\n\n\n<p><em>*Indicatorul poate fi calculat folosind ratele de cre\u0219tere a\u0219teptate pe un an, trei sau cinci ani, de exemplu. In literatura de specialitate se recomanda o rat\u0103 de cre\u0219tere a\u0219teptat\u0103 pe cinci ani.<\/em><\/p>\n\n\n\n<p>\u0218i ob\u021binem urm\u0103toarele valori:&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"362\" height=\"300\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-2-1.png\" alt=\"\" class=\"wp-image-965\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-2-1.png 362w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-2-1-300x249.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-2-1-150x124.png 150w\" sizes=\"(max-width: 362px) 100vw, 362px\" \/><\/figure>\n\n\n\n<p>Ce putem observa din tabelul de mai sus :<\/p>\n\n\n\n<p>i.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; LLY este compania care are cel mai sc\u0103zut PEG dintre cele 11 companii analizate, de 1,51. De\u0219i nu este o valoare sub sub 1, este compania care sta cel mai bine analizand doar dupa acest indicator.<\/p>\n\n\n\n<p>ii.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Dac\u0103 nu avem date disponibile pentru P\/E sau indicatorul EPS estimat pentru urm\u0103torii 5 ani (EPS next 5Y) atunci nu putem calcula nici PEG.<\/p>\n\n\n\n<p>Iat\u0103 un sumar al celor 3 indicatori :<\/p>\n\n\n\n<figure class=\"wp-block-image size-full td-caption-align-left\"><img loading=\"lazy\" decoding=\"async\" width=\"488\" height=\"326\" src=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-3-1.png\" alt=\"\" class=\"wp-image-967\" srcset=\"https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-3-1.png 488w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-3-1-300x200.png 300w, https:\/\/market-monitor.staginghub.net\/wp-content\/uploads\/2024\/10\/Analiza_grafic-3-1-150x100.png 150w\" sizes=\"(max-width: 488px) 100vw, 488px\" \/><\/figure>\n\n\n\n<p><em>Sursa: Finviz<\/em><\/p>\n\n\n\n<p>De\u0219i LLY are cele mai mari valori pentru indicatorii P\/E si fwd P\/E din lista de mai sus, LLY are cel mai mic PEG. Acest lucru se intampla deoarece cre\u0219terea estimat\u0103 pentru urm\u0103torii 5 ani este de aproape 73%. Judecand dupa aceasta valoare, LLY este o companie cautata de investitori, al carei pret se justifica prin a\u0219tept\u0103rile legate de cre\u0219terile viitoare pe care compania le poate genera.<\/p>\n\n\n\n<p><strong>Concluzie:<\/strong><\/p>\n\n\n\n<p><strong>Doar analiz\u00e2nd un indicator, o companie poate p\u0103rea supraevaluat\u0103. Adaug\u00e2nd \u00eens\u0103 al\u021bi indicatori \u00een analiza, concluzia legat\u0103 de aceea\u0219i companie se poate schimba. A\u0219adar, pentru o decizie echilibrat\u0103, trebuie s\u0103 lu\u0103m \u00een calcul cat mai mul\u021bi indicatori.&nbsp;<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Rezumat final al Newsletter-ului s\u0103pt\u0103m\u00e2nal Nr. 10&nbsp;<\/strong><\/h4>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Cele mai importante trei lucruri pe care ar trebui sa le iei cu tine:&nbsp;<\/p>\n\n\n\n<p><strong>\u25cf <\/strong><strong>&nbsp;<\/strong><strong>SEZONUL RAPORT\u0102RILOR FINANCIARE<\/strong><strong>. S\u0103pt\u0103m\u00e2na aceasta vor raporta cinci gigan\u021bi din tehnologie Google Alphabet), Facebook (Meta), Microsoft, Apple \u0219i Amazon. Iar vineri doi gigan\u021bi din energie &#8211; Exxon \u0219i Chevron.<\/strong><\/p>\n\n\n\n<p>\u25cf <strong>UN CALENDAR ECONOMIC PLIN<\/strong>. O s\u0103pt\u0103m\u00e2n\u0103 cu raport\u0103ri publice ale unor <strong>indici importan\u021bi din pia\u021ba muncii<\/strong>, <strong>PIB<\/strong>, va fi raportat indicele infla\u021biei<strong> PCE<\/strong>, foarte important pentru Fed \u00een stabilirea politicilor monetare, un alt indice &#8211; <strong>Consumer Confidence<\/strong>, la fel de relevant pentru a \u00een\u021belege cum prive\u0219te consumatorul american starea economiei \u0219i a finan\u021belor personale.<\/p>\n\n\n\n<p>\u25cf <strong>EVOLU\u021aIA INDICILOR GLOBALI:<\/strong><\/p>\n\n\n\n<p>Iat\u0103 cum au stat lucrurile s\u0103pt\u0103m\u00e2na trecut\u0103 pentru 5 dintre indicii globali:&nbsp;<\/p>\n\n\n\n<p>\u25cf <strong>S&amp;P500, US (simbol US500) <\/strong>a \u00eenregistrat o sc\u0103dere de 0,96% \u00een ultima s\u0103pt\u0103m\u00e2n\u0103;<\/p>\n\n\n\n<p>\u25cf <strong>DAX, Germania (simbol DE40) <\/strong>a \u00eenregistrat o sc\u0103dere de 0,99% \u00een ultima s\u0103pt\u0103m\u00e2n\u0103;&nbsp;<\/p>\n\n\n\n<p>\u25cf&nbsp; <strong>Shanghai, China (SSEC) <\/strong>a \u00eenregistrat o cre\u0219tere de 1,17%&nbsp; \u00een ultima s\u0103pt\u0103m\u00e2n\u0103;<\/p>\n\n\n\n<p>\u25cf <strong>Nifty, India (NFTY) <\/strong>a \u00eenregistrat o sc\u0103dere de 2,71% \u00een ultima s\u0103pt\u0103m\u00e2n\u0103;&nbsp;<\/p>\n\n\n\n<p>\u25cf <strong>Nikkei 225, Japonia (simbol JP225) <\/strong>a \u00eenregistrat o sc\u0103dere de 2,80% \u00een ultima s\u0103pt\u0103m\u00e2n\u0103.&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-text-align-center\"><strong>O s\u0103pt\u0103m\u00e2n\u0103<\/strong><strong> <\/strong><strong>profitabil\u0103!&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Urm\u0103toarea edi\u021bie &#8211; 4 noiembrie<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>28 Octombrie 2024 Bun venit venit la edi\u021bia s\u0103pt\u0103m\u00e2nal\u0103 a newsletter-ului nostru despre pie\u021bele interna\u021bionale.&nbsp; Acest material este structurat pe 3 categorii de informa\u021bii, pentru o lectur\u0103 mai facil\u0103 \u0219i urm\u0103rirea cursiv\u0103: Acest newsletter are scop pur informativ \u0219i educativ, prin urmare nu con\u021bine recomand\u0103ri de investi\u021bii.&nbsp; SEC\u021aIUNEA: MARKET PERFORMANCE&nbsp; Rezumatul s\u0103pt\u0103m\u00e2nii precedente:&nbsp; 21 &#8211; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":{"0":"post-942","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-newsletter-ro"},"acf":[],"_links":{"self":[{"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/posts\/942"}],"collection":[{"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/comments?post=942"}],"version-history":[{"count":6,"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/posts\/942\/revisions"}],"predecessor-version":[{"id":976,"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/posts\/942\/revisions\/976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/media\/1322"}],"wp:attachment":[{"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/media?parent=942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/categories?post=942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/market-monitor.staginghub.net\/ro\/wp-json\/wp\/v2\/tags?post=942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}