The events in Catalonia are putting the Ibex 35 to the test, without a doubt, with a volatility that he did not remember for many, but many years. Where its evolution has been managed between levels as far apart as the 9.500 and 10.500 points. To the point of being a very proper period to carry out operations in the same trading session and leave another series of more static deadlines for a better occasion. The reactions are being very strong. With variations of more than 2%. Both in one sense and the other, and with very little stability in the prices set by the financial markets. This is what Spanish equities offer us in these turbulent days of autumn.
Of course, the deviations that the national stock market is showing are not being suitable for small and medium investors with greater nervousness. Among other reasons because it does not allow them to develop a stable strategy and with a more or less defined term of stay. But on the contrary, it is used to carry out very specific and defined movements for shorter periods. Where only investors with more experience in financial markets will be able to profit from their operations. Not surprisingly, the oscillations are very violent like approaching operations with conventional approaches.
From this general scenario through which Spanish equities are going, it is logical to think if you are facing a moment to enter to open positions in the stock indices of our country. Because in the end, the appearance of Carles Puigdemont it has been a new spur for investors. Where precisely the Ibex 35 is becoming the best index in Europe. In the previous sessions, it has risen above 2%, while the indices of the rest of the continent have only done with margins of up to 0,50%. You may even have the strength to pursue more aggressive targets.
Enter the stock market now?
To answer this question, you will have to ask yourself which one is your most immediate objectives. But above all, define what is the profile you present at the moment: aggressive, moderate or defensive. Based on this important investment strategy, you will have to define your next movements in the financial markets. But with a completely different scenario in Spain than a few days ago or at least weeks ago. You can't forget that right now the political and social situation has notably relaxed. This factor can help the Spanish stock market have a greater journey during the next few weeks.
After the last rises, the selective has risen 0,74% to perch at levels slightly above the 10.500 points. For now, it has managed to overcome one of the most important supports in the short term, which is represented at 10.400 points. This in practice means that the next target for the Ibex 35 is at 10.600 and 11.000 points. In any case, there is no doubt that this is good news for the Spanish stock market as it still has room to drive further increases. From this perspective of technical analysis, you still have time to enter this financial market. Although with greater limitation after the forcefulness of recent weeks.
Most recurring values to enter
In any case, you have some heats that at the moment are more sensitive to develop more forceful rises in equity trading floors. One of these sectors cannot be other than the banking. Not in vain, he has been the most severely punished during the intense days generated in Catalonia. They have suffered severe cuts in their price. And it is logical to think that they will recover their value from now on. Even exceed them if the trend of the international financial markets is the most optimal. Something that is still not specified due to other factors unrelated to the Catalan reality. Where it will be very necessary for you to be aware of all these movements, including the appearance of the expected rally of the Christmas holidays.
This upward trend, in any case, will be more vertical than the one carried out by other values of the European stock indices. Even his own banking sector. From this point of view, some of the Spanish banks will be very favorable for you to enter their positions from these precise moments. Beyond possible corrections in their prices and that of course will take place in the next trading days. It is something, that after all you must have to promote any kind of investment strategy.
And the so-called Catalan values?
From this perspective, in investment management, you cannot forget Catalan listed companies. They have also been hit hard by the financial markets. With depreciations of more than 5% in many of the cases and that have caused a good part of the small and medium investors to abandon their positions to see the movements comfortably from the sidelines. With the necessary liquidity in your current account balance. In particular, Catalan banks such as the Sabadell and Caixabank that more than 10% had been left behind. As one of the great victims of the open state in Catalonia.
One of the effects of relaxation on the Catalan situation it is found that they have also been the fastest to recover prices this week. Not surprisingly, the rises have been led by these equity proposals. With increases very close to 5% and that have been led by the pharmaceutical company Griffols. Precisely one of the companies that had decided to continue in Catalan lands despite their possible departure from the Spanish state. Also the other securities that are listed in the secondary indices, such as Naturhouse or Eurona, among some of the most relevant.
Other proposals to enter
Not only are the values linked to this Mediterranean area, they are the more sensitive to open positions in the coming weeks. In this sense, the company that has done the best in the Ibex 35 has been Siemens Gamesa, which has risen just over 6%. Following the recent news of promoting a relevant wind turbine contract in the United Kingdom. But with the mitigation of having passed for being one of the stock market proposals that had been most punished during these tense days in Spain. But the most important thing right now is its change in trend in the short term. Going from bearish to bullish in a very short space of time.
On the other hand, there are also other values that can be recommended to enter your positions from now on. Among them, some of the most striking features cyclical proposals par excellence, like Arcelor Mittal or its partner Acerinox. Among other reasons, because they can do better than other companies in this new scenario that occurs in Spanish equities. Like everyone in the financial sector. Not only banks, but investment groups and especially insurers. Where some of them have very attractive prices as for the purpose of the operations of small and medium investors.
Good period for the hikes
Either way, this situation coincides with the excellent periods ahead to boost prices. Because you can't forget that the last quarter of the year is one of the most bullish. Where traditionally the positions of the buyers are clearly imposed on that of the sellers. Especially when the dates that indicate the completion of this exercise arrive. In this sense, the risks will be more limited than at other times of the year. Beyond what is indicated by the technical levels of the securities, sectors and indices of the financial markets.
Nor can it be ruled out that from now on the national stock index will perform better than the rest of the European equity markets. Because it has also been the most punished during these days that the national stock markets have experienced. The only question that remains is if you can be a little late to open positions. In the next few days you will have the odd signal about the convenience or not of these operations. So the most important thing is to be prudent and wait where the shots go on the Ibex 35. To enter with greater guarantees and run less risk in all your operations.
Although there is one thing very clear and that is that the Catalan scene seems to have disappeared. Unless there is a new surprises and upset the investment plans that you have in preparation. In any case, you will have no choice but to change or modify your investment portfolio as a result of all the news that has had Catalonia as a point of reference.
Yes, optimism may return to the Spanish stock market in the heat of new events. Where you must be prepared for the new challenges that arise. With new business opportunities that you can take advantage of to make profitable savings in the most efficient way possible. Although with the risks that new corrections may appear.