Putin Blinks, So Is It Time To Buy Into Russia?

[JohnITMS]

Earlier today, Russian President Vladimir Putin signed a treaty to annex the breakaway Ukrainian region of Crimea. Putin then went onto say, “Don’t believe those who say Russia will take other regions after Crimea. We don’t need that.” These words have seemed to calm down the stock market today. Just look at the way the stock market is rallying in the United States and Europe during today's trading session. Risk-on trading is back, at least for the time being.

So is it time to buy into the Russian stock market again? This morning, the Market Vectors Russia ETF (RSX) is trading higher by nearly 4.0 percent to $23.35 a share. The RSX put in a near term bottom on March 13, 2014 at $20.86 a share, so traders can easily see the short term momentum in the RSX is to the upside. Traders and investors should watch for major daily chart resistance around the $26.00 level for the RSX if it trades up to that level. After all, this coming Friday is the monthly options expiration for the month of March, so we often see beaten down equities catch a bid into the expiration. President Putin also has a tendency to rescind what he says after a few days. Traders should expect the RSX to start to decline around the $26.00 if it can trade that high, this could be a good shorting level for aggressive traders.

Nicholas Santiago

 

[TheUnknown]

Obama is Putin's little bitcch and that was always the case but got proven by taking back what was originally Russian.

 

[springhill]

Re: Putin Blinks, So Is It Time To Buy Into Russia?orthy

Earlier today, Russian President Vladimir Putin signed a treaty to annex the breakaway Ukrainian region of Crimea. Putin then went onto say, “Don’t believe those who say Russia will take other regions after Crimea. We don’t need that.” These words have seemed to calm down the stock market today. Just look at the way the stock market is rallying in the United States and Europe during today's trading session. Risk-on trading is back, at least for the time being.

So is it time to buy into the Russian stock market again? This morning, the Market Vectors Russia ETF (RSX) is trading higher by nearly 4.0 percent to $23.35 a share. The RSX put in a near term bottom on March 13, 2014 at $20.86 a share, so traders can easily see the short term momentum in the RSX is to the upside. Traders and investors should watch for major daily chart resistance around the $26.00 level for the RSX if it trades up to that level. After all, this coming Friday is the monthly options expiration for the month of March, so we often see beaten down equities catch a bid into the expiration. President Putin also has a tendency to rescind what he says after a few days. Traders should expect the RSX to start to decline around the $26.00 if it can trade that high, this could be a good shorting level for aggressive traders.

Nicholas Santiago

IMO it may be equally prudent to take a look at the O&G plays based in the Ukraine, that are listed on the ASX.

Disc : I currently hold Cossack Energy (_ and it is trading at a discount since the Russian/Ukrainian crisis flared. I believe it to be worthy of interest from those with a high risk tolerance.
COD land holdings based near the region of Kiev.

Let's face it, the Ukraine has no shortage of O&G and large tracts of it under-developed. I& usually the determíninhnn factor as to whether the US gets involved in an international conflict that it has no real, were official jurisdiction

Ultimately, a lot depends on whether Putin's words are genuine or weaselish in nature.

Best of luck to those involved within the region.

 

[springhill]

Re: Putin Blinks, So Is It Time To Buy Into Russia?orthy

IMO it may be equally prudent to take a look at the O&G plays based in the Ukraine, that are listed on the ASX.

Disc : I currently hold Cossack Energy (_ and it is trading at a discount since the Russian/Ukrainian crisis flared. I believe it to be worthy of interest from those with a high risk tolerance.
COD land holdings based near the region of Kiev.

Let's face it, the Ukraine has no shortage of O&G and large tracts of it under-developed. I& usually the determíninhnn factor as to whether the US gets involved in an international conflict that it has no real, were official jurisdiction

Ultimately, a lot depends on whether Putin's words are genuine or weaselish in nature.

Best of luck to those involved within the region.

Excuse the poor grammar, spelling and mistakenly hit keys. I had my wisdom teeth pulled yesterday arvo and the pain meds were well and truly in effect when replying to this thread.

 

[simonjf77]

Well I've been trying to buy into russia all week. It seems there are no stock brokers in Australia that will trade Russia. Anyone know of a way to buy russian shares like gazprom?

 

[doctorj]

Well I've been trying to buy into russia all week. It seems there are no stock brokers in Australia that will trade Russia. Anyone know of a way to buy russian shares like gazprom?

With political risk so high in Russia, why would you want to invest in something as politically exposed as an oil company that is majority owned by the state? I’ve been investing in Russia and the region actively for years now and I’ve come to learn that further you are removed from the state, the better. Avoid politically sensitive industries like oil and banks, avoid companies with significant ownerships by people too close to the state and definitely avoid state owned companies. It gives you one less thing to worry about!

 

[Garpal Gumnut]

With Mr. Zelenskyy upping the ante on Mr. Putin gas and oil prices may move up imo.

From the Times of London.

gg

 

[Dona Ferentes]

Anton Gerashchenko
@Gerashchenko_en

The late Prigozhin once said: "When I said I would train soldiers in the Belgorod and Kursk regions,... I received a call from Defense Minister Shoigu Sergei Kuzhugetovich, and he, indignant, said: 'Yevgeny Viktorovich, don't meddle where you shouldn't. The Russian army itself is capable of defending the borders.' "

 

[divs4ever]

LOL

it is in China's interests to keep Russia in a healthy state
( maybe even Iran's interests as well )

however as a retail investor in is very hard to access the Russian economy directly so maybe accessing indirectly through China ( and it's economy ) might be they way

so far i have been preferring India over China , but there might be a point where China is good value ( despite the risk of heavy sanctions and a trade war )

 

[Chipp]

With Mr. Zelenskyy upping the ante on Mr. Putin gas and oil prices may move up imo.

From the Times of London.



View attachment 182338

gg

The cartoon reality is the inverse but i am not going down any political **** fights . Putin clearly is the Baba Yaga here

Cartoon aside energy prices definitely worth some focus GG so thanks for bringing that to mind , cheers

 

[dyna]

Well I've been trying to buy into russia all week. It seems there are no stock brokers in Australia that will trade Russia. Anyone know of a way to buy russian shares like gazprom?

Old mate Simon gets the gong for ASF fleeting membership .
Here for one day , ten years ago . Gone after the next !
Come back , Simon . We hardly knew ya .

 

[Dona Ferentes]

Earlier today, Russian President Vladimir Putin signed a treaty to annex the breakaway (?!!) Ukrainian region of Crimea. Putin then went onto say, “Don’t believe those who say Russia will take other regions after Crimea. We don’t need that.”

lying b'sted. klepto-in-chief.

 

[LeFeek]

LOL

it is in China's interests to keep Russia in a healthy state
( maybe even Iran's interests as well )

however as a retail investor in is very hard to access the Russian economy directly so maybe accessing indirectly through China ( and it's economy ) might be they way

so far i have been preferring India over China , but there might be a point where China is good value ( despite the risk of heavy sanctions and a trade war )

China's a good way to tap into Russia indirectly. Look for Chinese companies with Russian ops or partnerships, or invest in Chinese ETFs with Russian exposure. Just be aware of the risks, like sanctions and trade wars. But ifyou're feeling contrarian, China might be a good value play.

 

[divs4ever]

China's a good way to tap into Russia indirectly. Look for Chinese companies with Russian ops or partnerships, or invest in Chinese ETFs with Russian exposure. Just be aware of the risks, like sanctions and trade wars. But ifyou're feeling contrarian, China might be a good value play.

.. but are we facing a potential trade and sanctions war with China ( sooner rather than later )

Australian investors face the possibility of our Chinese-related investments being tangled up for years

the current state for Russia shows the arbitrary and selective way sanctions are implemented , with some Russian exports selling even more strongly in some nations .. that are APPLYING the sanctions on that very same commodity ( or company )

imagine if that happens with China , big chunks of trade will vanish ( or go dark ie still happens but not allowed for the peasants )