... reversal appear. There are several types of trends: Uptrend – a long-term increase in prices (each subsequent local maximum and minimum is higher than the previous ones). Simply put, the price of an asset is steadily growing. Downtrend – a long-term decrease in prices (each maximum and minimum is lower than the previous ones). That is, the asset is gradually getting cheaper. Sideways trend (flat, “sideways”) – the absence of a clear direction, when the price fluctuates in a narrow range. With sideways ...

... cigarette sales volumes. Q2 financial results are expected to be moderately positive: consensus estimates an earnings of about $1.38 per share compared to $1.31 a year earlier, with revenue at ~$5.19 billion. The company continues to compensate for the decrease in smokers by raising prices. Meanwhile, Altria is betting on smoke-free products (NJOY e-cigarettes, on! nicotine pouches), attempting to solidify its position in the alternatives segment – their sales are growing at double-digit rates. Investors will monitor whether the ...

... undergoing changes influenced by geopolitical factors. In particular, market participants have drawn attention to news about a sharp decrease in energy imports between the US and China. According to Bloomberg, in June 2025, China did not purchase any oil, liquefied ... ... oil purchases from Middle Eastern and African countries and expanding imports of Russian raw materials, taking advantage of price discounts. Similarly, significant volumes of LNG are arriving from Qatar, Australia, and through the spot market, bypassing ...

... revenue and profit, consequently affecting stock prices. Market instability: In light of sanctions pressure and several countries' abandonment of Russian diamonds, investors may experience increased volatility in the market. This implies that stock prices may undergo significant fluctuations, diminishing the attractiveness of these assets for long-term investments. Need for market diversification: The decrease in demand in India compels ALROSA to search for new markets, which may take considerable time and incur additional expenses. For investors, this signals an extended period of uncertainty regarding the company's financial performance. Commentary ...

... according to CDU TEK data (no more recent data available). Media reports state that deliveries to some refineries have fallen by more than 30%. The composite index of petroleum product production, published by Rosstat without quantitative indicators, decreased by 2.7% in the first eight months of 2024. The main conclusion: Indirect indicators suggest that petroleum product production continues to decline. This is putting pressure on the gasoline market, where retail price growth is significantly outpacing the general inflation rate. The decline in production is linked to unscheduled repairs at refineries, the completion of which is difficult to predict due to sanctions on the supply of refining equipment. This ...