It seems that the death of American senator John McCain, who was very much against Russia and its aggression against Ukraine and very much pro sanctions against Russia companies and politicians is not going to change anything in Russian-American relations at least right now as the new package of sanctions against Russia has kicked ibn today. So it seems safe for us to assume that ruble trading is about to become quite rocky once again.

We are stating this like it is a 100-percent-sure-thing, but there have been a lot of precedents in the past when merely the talks about American sanctions would drop ruble flat on its back and cause the richest men in Russia lose billions of dollar within hours if time. This time it is likely that Russian economy once again will not withstand the package and that ruble trading will become a painful subject for traders around the world. But once again, the selloff will damage Russian economy even more that the exchange rate for the national currency but holding onto ruble seems like a bad idea to us right now.

By the way, current sanctions n=may be much more damaging because the package doesn’t really concern Ukraine or Syria. This time it is the poisoning of the former Russian spy Oleg Skrypal’ that set off the motion for the package. For the States it is a more serious matter because a citizen of a NATO country was poisoned in his own home along with his daughter and this is simply not something that the NATO countries could have left with no attention.

The package is going to have power for at least a year or until further notice. The package restricts everything that is connected to Russian arms – it is forbidden to purchase them or invest into the industry. And, as we all know, Russia made quite a sum on arms as it is selling these products to a lot of allies and countries in the world. At this point Russia will have to look for the new partners in order to stimulate this kind of production. of course, situation inside the country is bad enough without any sanctions as Russia is rising the age for retirement for both men and women and even threats to eliminate pension system altogether, saying that there is simply no money for that in the country. And no wonder – its economy sank 2 times since 2014.

So, out conclusion is that we are to stay away from ruble trading in the nearest future. We haven’t seen any announcements for important political and economic meetings which are to take place for Putin in the nearest future, so there is next to no hope that the situation is going to improve itself. Until the press of sanctions is hanging over Russian heads there is little to be desired.

It seems that Elon Musk has some kind of special strategy prepared for his company Tesla. Or that the business is not as bad as we were led to believe as the official blog of the company says that the company is going to go on as a public company. That means that the shares of Tesla are not going to be pulled from the markets in the nearest future or at all which is good news for traders – one more asset to trade with and mixed news for investors – what’s next?

The situation simply cannot be left as it is right now. Shared of Tesla have been among one of the worst performing assets in the market. The instability of their performance along with failed experiments of Elon Musk when it comes to production and testing process are all pointing to the fact that is the company is to exist something is going to have to change.

Musk’s marketing techniques are also quite questionable and they lead to shares falling in price with virtually his every tweet, especially if they concern Tesla. It is a rare occasion that the investors would be attracted to business that is performing as poorly as Tesla does. It seems that the latest claim of Musk that the shares of Tesla are going to be pulled from the markets if they hit $420 per share point have dropped the price by 20 percent and infuriated the investors who were not informed about such an idea.

It seems that Much wants Tesla to go bankrupt or something. His every move is aimed at lowering share prices. Or, again, it at least seems so. Going into trading Tesla shares is a difficult and very risky decision right now. Shapes are at shaky grounds and can collapse any day now with Musk even being sued by some of the traders. For us the profit seems not to be worth this kind of trouble but at this point if there is profit it may be very satisfying. One just has to know when to get in and out.