Where to invest in the stock market today: Bankinter, CaixaBank, Telefónica and Neinor Homes

Analysis of the best options to know where to invest now and which are the most interesting investments for today’s session.

trading opportunities

The selective spanish says goodbye to 8,500 points in a session that ended with a strong rebound on Wall Street and therefore a rebound can be generated in today’s session.

However, as long as we do not see prices above the medium-term moving average of 8,632 points, the risk of seeing more profit-taking It is very high.

In any case, no matter what happens, we always have a set of values ​​that are doing tremendously well and several of them are worth being in my dashboard. They are in a very important technical momentin addition to having many investors attentive to them.

What should you invest in according to your age?:

1) Bankinter: We need to see closings above 5.18 euros to assess the possibility of continuing towards 5.33 and if you can with them continue towards 5.87 euros.

2) CaixaBank: If it manages to be placed above 2.78 euros we can see an additional section until testing the recent maximums at 2,926 euros with a protective stop at the lows of the session in which those 2.78 euros are made.

3) Telephone: Pay attention to the resistance of 4.16 euros which has value because its break opens up a scenario of continued bullishness up to the area of ​​4.49 euros.

4) Neinor Homes: We will have to be attentive to what happens with the resistance of the 12 euros since it would generate a new buy signal with a target of 12.60 euros.

Evolution of values ​​under monitoring

Evolution of values ​​under monitoring
Eduardo BolinchesVisualChart

The conflict in Ukraine hits the markets and snatches 3.2% from the Ibex in its worst session since omicron

The yield of sovereign bonds is softened by the search for an investor refuge in the face of what the pulse with Russia may bring.

The Madrid Stock Exchange in a file image.

The drums of war resounded this Monday with more force in the border between Ukraine and Russia and spread their bill to the financial markets. The declines in the stock market were more as a new Black Monday for investors progressed. The Ibex 35 fell 3.18% in its worst session since the outbreak of omicron, with a last price at 8,417.8 points.

The slope achieved by the decline was such that it meant for the Spanish index his worst session in the last two months. Not since the first cases of omicron were detected in South Africa has there been so much fear in the market. And it is that, also afflicted by the uncertainty about what the next central bank movesthe selective is left almost 280 points in a single stroke.

The climate of tension, fueled by the US and UK decision to repatriate their diplomatic staff in Ukraine, it was such that only a few stocks managed to escape the almost ubiquitous red of declines across all European stocks. And it is that there were also deep decreases in the DAX German (-3.8%), the ACC 40 French (-4%), the ftse 100 British (-2.6%) and the ftse MIB Italian (-4%).

This is how the Ibex 35 closes

Back to the Spanish index, the worst part was taken Grifols, with falls of 7.5%. Later, the two selective metallurgical companies, with Acerinox yielding 7.4% and ArcelorMittal with falls of 6.7%. Between both, IAG fell 7.1%.

Despite the warlike aspect that the session took, Indra it also suffered in the caboose with setbacks of 6.4%. A level close to the one left PharmaMar (-6.2%), which with the appearance of new variants of the coronavirus once again saw the possibility of its Aplidin playing a relevant role in the fight against the pandemic vanish.

also yielded strongly Fluidra. The swimming pool company fell 5% after it announced on Friday the closing of the refinancing of its debt and this weekend its CEO announced that working on a new strategic plan which marks an annual growth of 6%.

On the other side of the table, the behavior of Telephone, which became the only barrier to stop the declines in the index. Its shares added 0.46% against the current -although in some bars they added 3.5%- encouraged by the corporate movements that were seen again in the sector due to the possibility of Vodafone and Iliad combining their businesses in Italy.

In the end, solo run of Siemens Gamesa, which added 1.8% against the current. A rebound with which he agreed to 16.58 euros per share.

Beyond the benchmark, the focus was placed on Neinor Homes. The shares of the largest Spanish real estate developer fell 1.7% when infected by the prevailing tension despite the fact that the day before it was learned that the managers Juan Pepa and Felipe Morenés returned to the company with 18.45% of its capital through the Stoneshield Capital fund, backed by Warren Buffett.

russian crash

The tension was also evident in Russia itself. The index MOEX of the Moscow Stock Exchange closed with a fall of 5.59%, a percentage that in some mid-session crosses worsened to exceed 7%. In addition, Russian companies listed on the London Stock Exchange also suffered from the threat of a war against Ukraine.

Two examples of the latter were the metallurgical Polymetal International Y Evraz, with falls of 7.3% and 8.2% respectively. Some setbacks to which the depreciation of the ruble also contributed, which lost nearly 1.5% in its exchange rate against the dollar and the euro.

This setback activated the alarms of the Central Bank of Russia, which this Monday announced the suspension of your forex purchase program in order to contain the price of its national currency. However, the formal justification was to “increase the predictability of the actions of the monetary authorities and reduce the volatility of the markets”.

Wall Street and the Fed

As expected with such pronounced movements, Wall Street joined the bearish wake of Europe, which in turn had followed the setbacks in the Asian markets. The dow jones suffered the loss of more than 1,000 points in the middle of the New York session and barely managed to hold out above 33,000 integers.

However, the 3% drop in the industrial index was not the steepest of the New York Stock Exchange benchmarks. the technological Nasdaq suffered declines of 4.5% and from its latest highs it had already reached a decline of more than 20%, which according to some technical analysis metrics presupposes the entry into bearish territory.

On the other side of the Atlantic, in addition to the fear of a war in Eastern Europe, the uncertainty weighed what will be the decisions of the US Federal Reserve (Fed) at its next meeting, which will conclude on Wednesday. Added to the difficult balance between withdrawing stimuli and safeguarding the solvency of the economic recovery was the instability that the arrival of a military conflict would entail.

The accelerated checkout of many investors, among holders who pointed more to the Washington-based institution than to Ukraine, was primed with the companies that had risen the most in recent months. So, since the beginning of the year, modern accumulated setbacks of 42%, Netflix back down 40% and Tesla close to 20%.

shelter in bonds

With all this, the search for an investor refuge was felt in the secondary fixed income market with softer returns. The Spanish sovereign bonds at ten years they reduced their profitability to around 0.61%.

Some types that translated into a premium of 72 points against some German ‘bunds’ that deepened in negative levels up to -0.11%. And that less than a week ago they entered positive rates for the first time in the last 32 months.

Meanwhile, the treasures Americans stayed at around 1.73%. Namely, I still knowsignificantly below 2% that investment firms have pointed to as a clear frontier for some equity positions to begin transferring to bonds.

Bitcoin vs. Prayed

The strong market correction infected even cryptocurrencies. In further evidence of its growing correlation with bourses, bitcoin sank about 2% below $35,000, half the price of just two months ago. Deeper was the retreat of the ethereumaround 10%.

Faced with this stampede of investment positions, the gold reclaimed its role as a haven asset with rises against the current. Although only 0.2%, the ounce of the precious metal reached 1,840 dollars in the session on Monday, which meant its arrival at the maximum of the last two months.