The weather forecast stock market does not yet speak of a return to calm, but further turbulence in the short term. “Our vision is a negative short-term stresses Fabio Santiccioli, head of studies of BCI,” For the next few weeks will continue the current trend of flat and slightly down market, boosted by the fall in securities linked to the sphere TMT and the situation in other areas where you do not have a rotation highlights sectors. These titles are able to cushion the fall but only partially. The devaluation has triggered a rebound in durable because technology stocks remain at risk and the correction continues to be significant. The trade-off risk / return for the securities hi-tech IPO is negative and the new are disregarding the effect of scarcity. Over the next few sessions the selection will gradually increase, after the fear of the last call. We therefore expect a reversal in the trend toward the positive for the coming weeks. While the trend remains positive at 12 months, with the possibility of a reversal more durable once removed excess of evaluation focused on media and technology. For now, the market may decline for a further 5%. “
Feb
08
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