THE bears resurfaced last week after three consecutive weeks of bullish run with market operators and investment analysts saying that the bears will sustain their hold this week, even as investors already lost N286 billion.

“IIP numbers, inflation are lined up and will be watched in the second week. The volume may remain thin due to holidays on the occasion of Deepawali,” said Mustafa Nadeem, CEO, Epic Research.

Under Armour Inc (NYSE:UAA) – Equities researchers at B. Riley dropped their Q4 2018 earnings estimates for shares of Under Armour in a note issued to investors on Wednesday, October 31st. B. Riley analyst S. Anderson now anticipates that the company will post earnings of $0.00 per share for the quarter, down from their prior estimate of $0.11. B. Riley currently has a “Sell” rating on the stock.

The Indian markets presently seem to be in a consolidation mode, and the correction has been accentuated by various macro challenges like elevated crude oil prices, rupee depreciation versus the dollar and the recent credit and liquidity crunch due to default by a major infrastructure lender.

Kotak AMC’s Shah said he was anti-gold and whole of India has bought more gold than what it’s needed.

Trend from global equities, macroeconomic data as well as movement of the rupee and crude oil prices will set the tone for the stock markets in the holiday-shortened week ahead, say experts.

The iShares China ETF (NYSEARCA: FXI) may be bottoming and should offer good risk/reward for traders here.

Synchrony Financial (SYF) traded on unusually high volume on Nov. 02, as the stock lost 9.58% to close at $26.43. On the day, Synchrony Financial saw 18.84 million shares trade hands on 81,305 trades. Considering that the stock averages only a daily volume of 5.3 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Gartner Inc. (IT) traded on unusually high volume on Nov. 02, as the stock gained 0.11% to close at $142.03. On the day, Gartner Inc. saw 1.24 million shares trade hands on 13,403 trades. Considering that the stock averages only a daily volume of 825,112 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Kellogg Company (K) traded on unusually high volume on Nov. 02, as the stock lost 1.56% to close at $63.00. On the day, Kellogg Company saw 4.8 million shares trade hands on 35,358 trades. Considering that the stock averages only a daily volume of 2.3 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.