HSI Futures
The S&P 500 index climbed to its third record closing high in four sessions on Thursday as traders shrugged off data that showed the economy shrank in the first quarter and bet on improvement in the second quarter.
Hong Kong shares finished lower on Thursday, as gains from a stronger Chinese insurance sector narrowed in the afternoon and were outweighed by weaker index heavyweight Tencent. Hong Kong market will be close on Monday for Tuen Ng Festival.
Plan A : Above 23079, do nothing
Plan B : Below 22758, do nothing
Plan C : Attempt selling if market fails to break above 23079 and triggers a sell
Plan D : Cut above 23079
Plan E : Consider buying if market holds firm above 22758 and triggers a buy
Plan F : Cut below 22758
FKLI
Market surprised everyone especially the sellers as it surged towards the 1880 level. Market look set for a firm May close with sellers scrambling for the exit door
Plan A : Attempt buying near 1874
Plan B : Cut below 1872
Plan C : Consider intraday selling only if market fails to break above 1886
Plan D : Cut above 1892
FCPO
FCPO has finally chosen its path to walk down the stair yesterday. This confirms the head and shoulder formation and it may even tumble further before a rebound could take place.
Plan A : Overnight seller could hold on to position. Resistance is at 2487. Profit target projection is at 2389.
Plan B : Seller could sell at rebound if resistance at 2474 is not broken. Target price is looking at 2434 and 2410. May hold overnight if market close below 2461.
Plan C : Above 2510, do nothing.
Plan D : Below 2410, do nothing.
Plan E : Buyer may stay out.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, May 29, 2014
Wednesday, May 28, 2014
29 May 2014
HSI Futures
The S&P 500 snapped a four-session winning streak on Wednesday to end just shy of a third straight record closing high. The benchmark index had gained for four straight sessions as investors' appetite for equities has been buoyed by supportive U.S. economic data recently and expectations of monetary easing by the European Central Bank.
Hong Kong shares closed at their highest level in about 1-1/2 months on Wednesday, tracking gains in other Asian markets as upbeat U.S. economic data lifted sentiment.
June month contract
Plan A : Above 23079, do nothing
Plan B : Below 22758, do nothing
Plan C : Attempt buying if market stubbornly holds above 22758 and triggers a buy again
Plan D : Cut below 22758
Plan E : Consider selling if market gaps up but fails to break above 23079
Plan F : Cut above 23079
FKLI
Although market managed to find a support at 1862.5 and rebounded yesterday, market still fall short of breaking above 1872. Recovery could be halted today if market were to track overnight Dow. Range trading could likely happen once again today pending any surprises.
Plan A : Attempt a short if market rebounds but fails to break above 1872
Plan B : Cut above 1875
Plan C : Consider buying if market retrace but holds stubbornly above 1863
Plan D : Cut below 1857
FCPO
FCPO continue with its consolidation range and market closed at 2502 after the gap up in the second session. Market is still in the midst of consolidate mode before a trend.
Plan A : Trader could sell at rebound taking resistance at 2538. Profit target is 2483.
Plan B : Buyer could buy if market supports at 2483. Profit target is 2520.
Plan C : Above 2540, do nothing.
Plan D : Below 2470, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The S&P 500 snapped a four-session winning streak on Wednesday to end just shy of a third straight record closing high. The benchmark index had gained for four straight sessions as investors' appetite for equities has been buoyed by supportive U.S. economic data recently and expectations of monetary easing by the European Central Bank.
Hong Kong shares closed at their highest level in about 1-1/2 months on Wednesday, tracking gains in other Asian markets as upbeat U.S. economic data lifted sentiment.
June month contract
Plan A : Above 23079, do nothing
Plan B : Below 22758, do nothing
Plan C : Attempt buying if market stubbornly holds above 22758 and triggers a buy again
Plan D : Cut below 22758
Plan E : Consider selling if market gaps up but fails to break above 23079
Plan F : Cut above 23079
FKLI
Although market managed to find a support at 1862.5 and rebounded yesterday, market still fall short of breaking above 1872. Recovery could be halted today if market were to track overnight Dow. Range trading could likely happen once again today pending any surprises.
Plan A : Attempt a short if market rebounds but fails to break above 1872
Plan B : Cut above 1875
Plan C : Consider buying if market retrace but holds stubbornly above 1863
Plan D : Cut below 1857
FCPO
FCPO continue with its consolidation range and market closed at 2502 after the gap up in the second session. Market is still in the midst of consolidate mode before a trend.
Plan A : Trader could sell at rebound taking resistance at 2538. Profit target is 2483.
Plan B : Buyer could buy if market supports at 2483. Profit target is 2520.
Plan C : Above 2540, do nothing.
Plan D : Below 2470, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Tuesday, May 27, 2014
28 May 2014
HSI Futures
U.S. stocks rose on Tuesday as the S&P 500 scored a second straight record close, buoyed by the latest round of merger activity and as expectations for rate cuts by the European Central Bank stoked investors' appetite for equities.
The index for Hong Kong listings of China companies on Tuesday had its biggest loss since May 9, pulled down by weaker Chinese bank stocks.
Holding a long
Plan A : 22837-23156, do nothing
Plan B : Below 22837, cut
Plan C : Above 23156, take profits first if market couldn't hold firm
Plan D : Consider intraday selling if market fails to break above 23156 and triggers a sell
Plan E : Cut above 23156
FKLI
Market temporary found its bottom at 1862.5. As long market continues to hold firm above this level, there will be a chance that market will recover soon especially with regional market taking the lead.
Holding a long
Plan A : 1862-1875, do nothing
Plan B : Below 1862, cut
Plan C : Above 1875, take profits first if market couldn't hold firm
Plan D : Attempt intraday selling if market fails to break above 1872
Plan E : Cut above 1875
FCPO
FCPO had the same flow for two consecutive days where it went down in the morning and it eventually made a U-turn in the second session. Market has no clear direction yet at this moment as the signal is quite mixed.
Plan A : Seller could attempt to sell if market cannot break 2514. Profit target is looking at 2572 and 2410.
Plan B : Intraday investor may trade within range of 2483 to 2514. Place a stop.
Plan C : Above 2520, do nothing.
Plan D : Below 2480, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks rose on Tuesday as the S&P 500 scored a second straight record close, buoyed by the latest round of merger activity and as expectations for rate cuts by the European Central Bank stoked investors' appetite for equities.
The index for Hong Kong listings of China companies on Tuesday had its biggest loss since May 9, pulled down by weaker Chinese bank stocks.
Holding a long
Plan A : 22837-23156, do nothing
Plan B : Below 22837, cut
Plan C : Above 23156, take profits first if market couldn't hold firm
Plan D : Consider intraday selling if market fails to break above 23156 and triggers a sell
Plan E : Cut above 23156
FKLI
Market temporary found its bottom at 1862.5. As long market continues to hold firm above this level, there will be a chance that market will recover soon especially with regional market taking the lead.
Holding a long
Plan A : 1862-1875, do nothing
Plan B : Below 1862, cut
Plan C : Above 1875, take profits first if market couldn't hold firm
Plan D : Attempt intraday selling if market fails to break above 1872
Plan E : Cut above 1875
FCPO
FCPO had the same flow for two consecutive days where it went down in the morning and it eventually made a U-turn in the second session. Market has no clear direction yet at this moment as the signal is quite mixed.
Plan A : Seller could attempt to sell if market cannot break 2514. Profit target is looking at 2572 and 2410.
Plan B : Intraday investor may trade within range of 2483 to 2514. Place a stop.
Plan C : Above 2520, do nothing.
Plan D : Below 2480, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Monday, May 26, 2014
27 May 2014
HSI Futures
European equities ended higher in thin trading on Monday, with Italian shares outperforming the regional market after voters endorsed Prime Minister Matteo Renzi's centre-left Democratic Party's reforms in European elections. In Germany, Chancellor Angela Merkel's conservatives won the most votes in the elections, helping the benchmark DAX index to climb to a new record high of 9,893.81 points.
Hong Kong shares finished flat on Monday, as weakness in energy counters offset strength in Chinese car makers.
Plan A : Above 23156, do nothing
Plan B : Below 22837, do nothing
Plan C : Attempt intraday selling if market fails to break above 23156 and triggers a sell
Plan D : Cut above 23156
Plan E : Consider buying only if market stubbornly holds above 22837 and triggers a buy again
Plan F : Cut below 22784
FKLI
Yesterday capped a sixth consecutive days of decline for FKLI. A technical rebound could come today if market manage to hold firm above 1862
Plan A : Attempt intraday buying if market holds firm above 1862 and rebounds
Plan B : Cut below 1857
Plan C : Try selling if market comes close to 1872 but couldn't breach through
Plan D : Cut above 1875
FCPO
FCPO triggered some sell signal yesterday morning and it visited to the low of 2483. However, it successfully rebounded to the high of 2512 during the second session, rendering the market to idle around mixed signal. Investor might want to sell at rebound as market seems to form the right shoulder for head and shoulder formation.
Plan A : Overnight buyer should have exited yesterday as support is broken. If you have not, it is advisable to exit by today.
Plan B : Intraday investor may sell at rebound. Resistance is looking at 2514 and profit target is looking at 2472. May hold overnight if market close below 2470.
Plan C : Above 2520, do nothing.
Plan D : Below 2470, do nothing.
Plan E : Buyer may stay out.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
European equities ended higher in thin trading on Monday, with Italian shares outperforming the regional market after voters endorsed Prime Minister Matteo Renzi's centre-left Democratic Party's reforms in European elections. In Germany, Chancellor Angela Merkel's conservatives won the most votes in the elections, helping the benchmark DAX index to climb to a new record high of 9,893.81 points.
Hong Kong shares finished flat on Monday, as weakness in energy counters offset strength in Chinese car makers.
Plan A : Above 23156, do nothing
Plan B : Below 22837, do nothing
Plan C : Attempt intraday selling if market fails to break above 23156 and triggers a sell
Plan D : Cut above 23156
Plan E : Consider buying only if market stubbornly holds above 22837 and triggers a buy again
Plan F : Cut below 22784
FKLI
Yesterday capped a sixth consecutive days of decline for FKLI. A technical rebound could come today if market manage to hold firm above 1862
Plan A : Attempt intraday buying if market holds firm above 1862 and rebounds
Plan B : Cut below 1857
Plan C : Try selling if market comes close to 1872 but couldn't breach through
Plan D : Cut above 1875
FCPO
FCPO triggered some sell signal yesterday morning and it visited to the low of 2483. However, it successfully rebounded to the high of 2512 during the second session, rendering the market to idle around mixed signal. Investor might want to sell at rebound as market seems to form the right shoulder for head and shoulder formation.
Plan A : Overnight buyer should have exited yesterday as support is broken. If you have not, it is advisable to exit by today.
Plan B : Intraday investor may sell at rebound. Resistance is looking at 2514 and profit target is looking at 2472. May hold overnight if market close below 2470.
Plan C : Above 2520, do nothing.
Plan D : Below 2470, do nothing.
Plan E : Buyer may stay out.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Sunday, May 25, 2014
26 May 2014
HSI Futures
The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs. U.S. market will be closed for Memorial Day celebrations today.
Hong Kong shares finished slightly up on Friday, helped by stocks of Chinese property developers which were buoyed by further signs of relaxation from the housing authorities.
Plan A : Above 23093, do nothing
Plan B : Below 22837, do nothing
Plan C : Attempt selling if market fails to break above 23093 and triggers a sell
Plan D : Cut above 23156
Plan E : Consider buying if market stubbornly holds above 22837 and rebounds
Plan F : Cut below 22784
FKLI
FKLI declined for a fifth consecutive days as market fails to hold above 1872. Selling pressure could come in even more if market cannot be supported above 1863
Holding a short
Plan A : 1863-1875, do nothing
Plan B : Above 1875, cover short
Plan C : Below 1863, temporary take profits if it rebounds strongly
Plan D : Consider intraday buy only if market holds firm above 1863
Plan E : Cut below 1857
FCPO
FCPO has been running on consolidation from 2499 to 2537. Market is awaiting for a break out, however, overall trend has shown some signal of a head and shoulder formation In fact, it is now forming the right shoulder. This has not come to a conclusion until market breaks its consolidation range.
Plan A : Overnight buyer may hold on to position. Support is looking at 2497. Profit target is projecting at 2584 and 2620.
Plan B : Intraday investor should wait for market to consolidate before reacting. If support at 2497 is not broken, may enter to buy. Profit target is looking at 2538 and 2561. Place a stop.
Plan C : Seller may sell if market rebounded and could not break 2538. Profit target is looking at 2472 and 2410.
Plan D : Above 2540, do nothing.
Plan E : Below 2490, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs. U.S. market will be closed for Memorial Day celebrations today.
Hong Kong shares finished slightly up on Friday, helped by stocks of Chinese property developers which were buoyed by further signs of relaxation from the housing authorities.
Plan A : Above 23093, do nothing
Plan B : Below 22837, do nothing
Plan C : Attempt selling if market fails to break above 23093 and triggers a sell
Plan D : Cut above 23156
Plan E : Consider buying if market stubbornly holds above 22837 and rebounds
Plan F : Cut below 22784
FKLI
FKLI declined for a fifth consecutive days as market fails to hold above 1872. Selling pressure could come in even more if market cannot be supported above 1863
Holding a short
Plan A : 1863-1875, do nothing
Plan B : Above 1875, cover short
Plan C : Below 1863, temporary take profits if it rebounds strongly
Plan D : Consider intraday buy only if market holds firm above 1863
Plan E : Cut below 1857
FCPO
FCPO has been running on consolidation from 2499 to 2537. Market is awaiting for a break out, however, overall trend has shown some signal of a head and shoulder formation In fact, it is now forming the right shoulder. This has not come to a conclusion until market breaks its consolidation range.
Plan A : Overnight buyer may hold on to position. Support is looking at 2497. Profit target is projecting at 2584 and 2620.
Plan B : Intraday investor should wait for market to consolidate before reacting. If support at 2497 is not broken, may enter to buy. Profit target is looking at 2538 and 2561. Place a stop.
Plan C : Seller may sell if market rebounded and could not break 2538. Profit target is looking at 2472 and 2410.
Plan D : Above 2540, do nothing.
Plan E : Below 2490, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, May 22, 2014
23 May 2014
HSI Futures
U.S. stocks ended higher for the second straight session on Thursday, led by small-cap stocks, while the Nasdaq climbed on a rally in biotech shares. The surge in biotech stocks extended the recent trend of volatile trading. Small-caps and the so-called momentum names in the Internet and biotech spaces have recently echoed the broader market's direction, but moved in an outsized fashion, often without specific news.
Hong Kong shares closed at their highest level in more than five weeks on Thursday, helped by strong gains in energy companies after China and Russia signed a massive gas deal. Shares were also buoyed by a preliminary private survey that suggested China's factory sector turned in its best performance in five months in May, scoring 49.7.
Plan A : Above 23093, do nothing
Plan B : Below 22784. do nothing
Plan C : Attempt selling if market fails to break above 23093 and triggers a sell
Plan D : Cut above 23156
Plan E : Consider buying if market corrects but supports well above 22784 and triggers a buy again
Plan F : Cut below 22735
FKLI
FKLI was visibly weak despite somewhat firm performance from regional markets yesterday. A correction could be in play at the moment with resistance stood at 1882
Holding a short
Plan A : 1863-1882, do nothing
Plan B : Above 1882, cut
Plan C : Below 1863, consider taking profits first if it rebounds strongly
Plan D : Attempt intraday buying only if market stubbornly holds above 1868 and rebound
Plan E : Cut below 1863
FCPO
FCPO was on a yo-yo ride with range of 2499 to 2531. Market has been trading at this range for two consecutive days and so far supported at 2497. Buyer should be cautious around 2560's level to 2580's level as it might reverse from here.
Plan A : Overnight buyer should beware of the position. Support is looking at 2497 and profit target is projecting at 2638 and 2707. May hold on to position if market support and close above 2542.
Plan B : Seller may wait for selling if market could not break 2574. Profit target is looking at 2474 and 2396.
Plan C : Intraday investor could range trade within 2525 to 2574.
Plan D : Above 2590, do nothing.
Plan E : Below 2510, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks ended higher for the second straight session on Thursday, led by small-cap stocks, while the Nasdaq climbed on a rally in biotech shares. The surge in biotech stocks extended the recent trend of volatile trading. Small-caps and the so-called momentum names in the Internet and biotech spaces have recently echoed the broader market's direction, but moved in an outsized fashion, often without specific news.
Hong Kong shares closed at their highest level in more than five weeks on Thursday, helped by strong gains in energy companies after China and Russia signed a massive gas deal. Shares were also buoyed by a preliminary private survey that suggested China's factory sector turned in its best performance in five months in May, scoring 49.7.
Plan A : Above 23093, do nothing
Plan B : Below 22784. do nothing
Plan C : Attempt selling if market fails to break above 23093 and triggers a sell
Plan D : Cut above 23156
Plan E : Consider buying if market corrects but supports well above 22784 and triggers a buy again
Plan F : Cut below 22735
FKLI
FKLI was visibly weak despite somewhat firm performance from regional markets yesterday. A correction could be in play at the moment with resistance stood at 1882
Holding a short
Plan A : 1863-1882, do nothing
Plan B : Above 1882, cut
Plan C : Below 1863, consider taking profits first if it rebounds strongly
Plan D : Attempt intraday buying only if market stubbornly holds above 1868 and rebound
Plan E : Cut below 1863
FCPO
FCPO was on a yo-yo ride with range of 2499 to 2531. Market has been trading at this range for two consecutive days and so far supported at 2497. Buyer should be cautious around 2560's level to 2580's level as it might reverse from here.
Plan A : Overnight buyer should beware of the position. Support is looking at 2497 and profit target is projecting at 2638 and 2707. May hold on to position if market support and close above 2542.
Plan B : Seller may wait for selling if market could not break 2574. Profit target is looking at 2474 and 2396.
Plan C : Intraday investor could range trade within 2525 to 2574.
Plan D : Above 2590, do nothing.
Plan E : Below 2510, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Wednesday, May 21, 2014
22 May 2014
HSI Futures
U.S. stocks rose on Wednesday, rebounding from the previous day's broad selloff, after minutes of the Federal Reserve's last meeting showed central bankers have discussed the eventual tightening of monetary policy but made no decisions on which tools to use.
Hong Kong's benchmark index ended flat on Wednesday, with gains by Lenovo Group on solid earnings offset by drops for HSBC and subway train operator MTR Corp Ltd. Focus today will be on China's May manufacturing PMI data, releasing around 9.45am this morning.
Plan A : Above 22861, do nothing
Plan B : Below 22598, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 22861 and triggers a sell
Plan D : Cut above 22861
Plan E : Consider buying only if market holds firmly above 22598 and triggers a buy again
Plan F : Cut below 22519
FKLI
Market was basically flat yesterday, refusing to fall further despite weak regional markets in the morning. Market could be taking a breather before another rally as long as it holds firm above 1868.
Holding a long
Plan A : 1868-1886, do nothing
Plan B : Below 1868, cut
Plan C : Above 1886, consider taking profits first if it couldn't hold firm
Plan D : Consider intraday selling only if market fails to break above 1882
Plan E : Cut above 1886
FCPO
FCPO triggered the low of 2492 with big volume pressing the market, however, market seems to absorb quite well that it rebounded very quickly within minutes. Therefore, buyer could take a chance to test the market as there seems to be some ready buyer during the drop. In fact, investor need to keep the entry price at reasonable risk.
Plan A : Overnight seller might want to exit if market broke resistance at 2525. Profit target is looking at 2474 and 2396.
Plan B : Intraday investor might make entry if support at 2497 and 2505 is not broken. Profit target is looking at 2538 and 2561. May hold overnight if market close above 2538.
Plan C : Above 2570, do nothing.
Plan D : Below 2490, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks rose on Wednesday, rebounding from the previous day's broad selloff, after minutes of the Federal Reserve's last meeting showed central bankers have discussed the eventual tightening of monetary policy but made no decisions on which tools to use.
Hong Kong's benchmark index ended flat on Wednesday, with gains by Lenovo Group on solid earnings offset by drops for HSBC and subway train operator MTR Corp Ltd. Focus today will be on China's May manufacturing PMI data, releasing around 9.45am this morning.
Plan A : Above 22861, do nothing
Plan B : Below 22598, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 22861 and triggers a sell
Plan D : Cut above 22861
Plan E : Consider buying only if market holds firmly above 22598 and triggers a buy again
Plan F : Cut below 22519
FKLI
Market was basically flat yesterday, refusing to fall further despite weak regional markets in the morning. Market could be taking a breather before another rally as long as it holds firm above 1868.
Holding a long
Plan A : 1868-1886, do nothing
Plan B : Below 1868, cut
Plan C : Above 1886, consider taking profits first if it couldn't hold firm
Plan D : Consider intraday selling only if market fails to break above 1882
Plan E : Cut above 1886
FCPO
FCPO triggered the low of 2492 with big volume pressing the market, however, market seems to absorb quite well that it rebounded very quickly within minutes. Therefore, buyer could take a chance to test the market as there seems to be some ready buyer during the drop. In fact, investor need to keep the entry price at reasonable risk.
Plan A : Overnight seller might want to exit if market broke resistance at 2525. Profit target is looking at 2474 and 2396.
Plan B : Intraday investor might make entry if support at 2497 and 2505 is not broken. Profit target is looking at 2538 and 2561. May hold overnight if market close above 2538.
Plan C : Above 2570, do nothing.
Plan D : Below 2490, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Tuesday, May 20, 2014
21 May 2014
HSI Futures
U.S. stocks fell in a broad selloff on Tuesday, with major indexes hitting session lows in afternoon trading, led by losses in the retail sector after disappointing results from Staples and TJX Companies.
Hong Kong's benchmark index rose to a five-week closing high on Tuesday, helped by China Mobile after a broker upgrade pushed shares of the telecom giant to their highest since January.
Plan A : Below 22519, do nothing
Plan B : Above 22839, do nothing
Plan C : Consider selling if market gaps up but fails to break above 22839 and turn negative
Plan D : Cut above 22861
Plan E : Attempt buying if market holds stubbornly above 22519 and triggers a buy again
Plan F : Cut below 22519
FKLI
Market once again failed to break above 1886 and showed signs of tiredness in the afternoon session. Market could potentially continue with its minor correction with support seen at 1867
Holding a short
Plan A : 1867-1882 , do nothing
Plan B : Above 1882, cut
Plan C : Below 1867, consider taking profits if it gaps down and rebound
Plan D : Consider intraday buying only if it test and holds firmly above 1867
Plan E : Cut below 1862
FCPO
FCPO continue to record losses yesterday and it might not be surprised to see a gap down during opening as the competitive substituents are trading in negative zones.
Plan A : Overnight seller could hold on to position. Resistance is looking at 2552. Profit target is looking at 2474 and 2396.
Plan B : Intraday investor may sell at rebound, taking resistance at 2541. Profit target is looking at 2497 and 2474.
Plan C : Buyer may stay out.
Plan D : Above 2560, do nothing.
Plan E : Below 2490, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks fell in a broad selloff on Tuesday, with major indexes hitting session lows in afternoon trading, led by losses in the retail sector after disappointing results from Staples and TJX Companies.
Hong Kong's benchmark index rose to a five-week closing high on Tuesday, helped by China Mobile after a broker upgrade pushed shares of the telecom giant to their highest since January.
Plan A : Below 22519, do nothing
Plan B : Above 22839, do nothing
Plan C : Consider selling if market gaps up but fails to break above 22839 and turn negative
Plan D : Cut above 22861
Plan E : Attempt buying if market holds stubbornly above 22519 and triggers a buy again
Plan F : Cut below 22519
FKLI
Market once again failed to break above 1886 and showed signs of tiredness in the afternoon session. Market could potentially continue with its minor correction with support seen at 1867
Holding a short
Plan A : 1867-1882 , do nothing
Plan B : Above 1882, cut
Plan C : Below 1867, consider taking profits if it gaps down and rebound
Plan D : Consider intraday buying only if it test and holds firmly above 1867
Plan E : Cut below 1862
FCPO
FCPO continue to record losses yesterday and it might not be surprised to see a gap down during opening as the competitive substituents are trading in negative zones.
Plan A : Overnight seller could hold on to position. Resistance is looking at 2552. Profit target is looking at 2474 and 2396.
Plan B : Intraday investor may sell at rebound, taking resistance at 2541. Profit target is looking at 2497 and 2474.
Plan C : Buyer may stay out.
Plan D : Above 2560, do nothing.
Plan E : Below 2490, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Monday, May 19, 2014
20 May 2014
HSI Futures
U.S. stocks rose on Monday, with a rally in high-growth names among Internet and biotech shares giving the Nasdaq a gain of almost 1 percent. Equities have been pressured recently, with the S&P 500 coming off its first two-week decline since January as investors have become concerned about the economy's growth prospects.
Hong Kong H-shares finished lower on Monday, as Chinese bank stocks slide in line with those on the mainland in the wake of stiffer regulation of interbank lending and weak economic data.
Holding a short
Plan A : 22174-22746, do nothing
Plan B : Below 22174, consider taking profits first if it gaps down and rebound
Plan C : Above 22746, cut
Plan D : Consider to turn buy if market holds firmly above 22386 and triggers a buy
Plan E : Cut below 22386
FKLI
Market gave way towards the last mins of trading yesterday after failing to break above 1886 and settled at day's low level of 1879.5. Market might be going through some profit taking selling but falls should be limited with buying supports can be expected along the way.
Holding a short
Plan A : 1867-1886, do nothing
Plan B : Above 1886, cut
Plan C : Below 1867, consider taking profits if it gaps down and rebound
Plan D : Consider to turn buy if market holds firmly above 1876 and surge
Plan E : Cut below 1872
FCPO
FCPO tumble down at last 15 minutes and touched the low of 2536.
Plan A: Overnight seller may hold on to position, taking resistance at 2583. Target profit is looking at 2497 and 2416.
Plan B : Intraday investor may continue to sell at rebound, taking resistance at 2567. Target price is looking at 2497.
Plan C : Buyer may want to stay out at this stage.
Plan D : Above 2590, do nothing.
Plan E : Below 2510, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks rose on Monday, with a rally in high-growth names among Internet and biotech shares giving the Nasdaq a gain of almost 1 percent. Equities have been pressured recently, with the S&P 500 coming off its first two-week decline since January as investors have become concerned about the economy's growth prospects.
Hong Kong H-shares finished lower on Monday, as Chinese bank stocks slide in line with those on the mainland in the wake of stiffer regulation of interbank lending and weak economic data.
Holding a short
Plan A : 22174-22746, do nothing
Plan B : Below 22174, consider taking profits first if it gaps down and rebound
Plan C : Above 22746, cut
Plan D : Consider to turn buy if market holds firmly above 22386 and triggers a buy
Plan E : Cut below 22386
FKLI
Market gave way towards the last mins of trading yesterday after failing to break above 1886 and settled at day's low level of 1879.5. Market might be going through some profit taking selling but falls should be limited with buying supports can be expected along the way.
Holding a short
Plan A : 1867-1886, do nothing
Plan B : Above 1886, cut
Plan C : Below 1867, consider taking profits if it gaps down and rebound
Plan D : Consider to turn buy if market holds firmly above 1876 and surge
Plan E : Cut below 1872
FCPO
FCPO tumble down at last 15 minutes and touched the low of 2536.
Plan A: Overnight seller may hold on to position, taking resistance at 2583. Target profit is looking at 2497 and 2416.
Plan B : Intraday investor may continue to sell at rebound, taking resistance at 2567. Target price is looking at 2497.
Plan C : Buyer may want to stay out at this stage.
Plan D : Above 2590, do nothing.
Plan E : Below 2510, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Sunday, May 18, 2014
19 May 2014
HSI Futures
U.S. stocks ended higher on Friday in a late-day rebound as small-cap names edged up after recent weakness and consumer discretionary shares advanced.
Hong Kong's benchmark index produced its best week in more than eight months on Friday, although it finished slightly lower on the day due to consolidation in the financial and property sectors.
Holding a long
Plan A : 22367-22842, do nothing
Plan B : Below 22367, liquidate first
Plan C : Above 22842, consider taking profits first
Plan D : Consider turning sell only if market fails to break above 22584 and triggers a sell
Plan E : Cut above 22680
FKLI
Market successfully defended above 1872 before surging to close at day's high level last Friday. Market look likely to attempt breaking above its resistance level at 1884 today. Failure to do so might see more profit taking selling but buying support should be enough to keep market above 1772
Holding a long
Plan A : 1872-1884, do nothing
Plan B : Below 1872, liquidate first
Plan C : Above 1884, consider taking profits first
Plan D : Intraday selling can be considered if market fails to break above 1884
Plan E : Cut above 1886
FCPO
FCPO opened gap-down last week with continuous selling action from investor 'till closing. Competitive substituents resume with losses which may result in market gap down once again. Up-channel has vanished from the scene with previous market performance.
Plan A : Overnight buyer should have exited last week as support at 2591 is broken. If you have not, please exit by today.
Plan B : Seller may wan to sell at rebound if resistance at 2592 is intact. Target is looking at 2552 for intraday investor and 2497 for long term investor.
Plan C : Buyer may want to stay out today.
Plan D : Above 2600, do nothing.
Plan E : Below 2550, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks ended higher on Friday in a late-day rebound as small-cap names edged up after recent weakness and consumer discretionary shares advanced.
Hong Kong's benchmark index produced its best week in more than eight months on Friday, although it finished slightly lower on the day due to consolidation in the financial and property sectors.
Holding a long
Plan A : 22367-22842, do nothing
Plan B : Below 22367, liquidate first
Plan C : Above 22842, consider taking profits first
Plan D : Consider turning sell only if market fails to break above 22584 and triggers a sell
Plan E : Cut above 22680
FKLI
Market successfully defended above 1872 before surging to close at day's high level last Friday. Market look likely to attempt breaking above its resistance level at 1884 today. Failure to do so might see more profit taking selling but buying support should be enough to keep market above 1772
Holding a long
Plan A : 1872-1884, do nothing
Plan B : Below 1872, liquidate first
Plan C : Above 1884, consider taking profits first
Plan D : Intraday selling can be considered if market fails to break above 1884
Plan E : Cut above 1886
FCPO
FCPO opened gap-down last week with continuous selling action from investor 'till closing. Competitive substituents resume with losses which may result in market gap down once again. Up-channel has vanished from the scene with previous market performance.
Plan A : Overnight buyer should have exited last week as support at 2591 is broken. If you have not, please exit by today.
Plan B : Seller may wan to sell at rebound if resistance at 2592 is intact. Target is looking at 2552 for intraday investor and 2497 for long term investor.
Plan C : Buyer may want to stay out today.
Plan D : Above 2600, do nothing.
Plan E : Below 2550, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, May 15, 2014
16 May 2014
HSI Futures
U.S. stocks fell on Thursday, giving the Dow and the S&P 500 their worst declines in more than a month, as small-cap shares extended their retreat and Wal-Mart results disappointed.
Hong Kong's main index rose to its highest close in nearly a month, lifted by tech heavyweight Tencent Holdings Ltd., which posted better-than-expected results and announced a share-split.
Holding a long
Plan A : 22367-22842, do nothing
Plan B : Below 22367, liquidate first
Plan C : Above 22842, consider taking profits first if it gaps up and start to retrace
Plan D : Consider turning sell only if market fails to break above 22584 and triggers a sell
Plan E : Cut above 22680
FKLI
Market showed some signs of tiredness after touching an intraday high of 1881 yesterday. Profit taking activities can be expected to kick in today especially after a 167-points fall from overnight Dow.
Holding a long
Plan A : 1872-1884, do nothing
Plan B : Temporary take profit if market breaks below 1872
Plan C : Above 1884, consider take profit if it can't sustain
Plan D : Consider intraday selling if market fails to break above 1884
Plan E : Cut above 1886
FCPO
FCPO depicts an up-channel formation and it touched to the high of 2630 yesterday. Today will be the first day of switch month. Prices may adjust itself due to the spread. However, the prices quoted below are for the new month. Therefore, do not worry about the adjustment. Competitive substituents are showing some red marks and FCPO price may open gap down during opening.
Plan A : Overnight buyer may hold on to position. Support is looking at 2591. Profit target is 2666 and 2723. Investor may accumulate more position if 2604 is supported.
Plan B : Intraday investor may want to trade within range of 2604 and 2640.
Plan C : Above 2670, do nothing.
Plan D : Below 2590, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks fell on Thursday, giving the Dow and the S&P 500 their worst declines in more than a month, as small-cap shares extended their retreat and Wal-Mart results disappointed.
Hong Kong's main index rose to its highest close in nearly a month, lifted by tech heavyweight Tencent Holdings Ltd., which posted better-than-expected results and announced a share-split.
Holding a long
Plan A : 22367-22842, do nothing
Plan B : Below 22367, liquidate first
Plan C : Above 22842, consider taking profits first if it gaps up and start to retrace
Plan D : Consider turning sell only if market fails to break above 22584 and triggers a sell
Plan E : Cut above 22680
FKLI
Market showed some signs of tiredness after touching an intraday high of 1881 yesterday. Profit taking activities can be expected to kick in today especially after a 167-points fall from overnight Dow.
Holding a long
Plan A : 1872-1884, do nothing
Plan B : Temporary take profit if market breaks below 1872
Plan C : Above 1884, consider take profit if it can't sustain
Plan D : Consider intraday selling if market fails to break above 1884
Plan E : Cut above 1886
FCPO
FCPO depicts an up-channel formation and it touched to the high of 2630 yesterday. Today will be the first day of switch month. Prices may adjust itself due to the spread. However, the prices quoted below are for the new month. Therefore, do not worry about the adjustment. Competitive substituents are showing some red marks and FCPO price may open gap down during opening.
Plan A : Overnight buyer may hold on to position. Support is looking at 2591. Profit target is 2666 and 2723. Investor may accumulate more position if 2604 is supported.
Plan B : Intraday investor may want to trade within range of 2604 and 2640.
Plan C : Above 2670, do nothing.
Plan D : Below 2590, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Wednesday, May 14, 2014
15 May 2014
HSI Futures
U.S. stocks fell on Wednesday, with the Dow and S&P 500 retreating from recent record highs, as small caps resumed their sell-off and consumer discretionary shares lagged.
Hong Kong shares hit a three-week high on Wednesday, as property and banking stocks continued to rise after China's central bank urged mainland lenders to speed up the granting of home loans.
Holding a long
Plan A : 22151-22584, do nothing
Plan B : Below 22151, liquidate first
Plan C : Above 22584, consider taking profits if it retraces after a higher opening
Plan D : Consider selling only if market consolidates and triggers a sell after failing to break above 22584
Plan E : Cut above 22584
FKLI
Market surged to a new record high, moving in tandem with the underlying cash market yesterday. Mild profit taking could kick in after the triple digits fall in overnight Dow but declines will likely be minimal with investors turning bullish after breaching of few important resistance levels.
Holding a long
Plan A : 1862-1884, do nothing
Plan B : Below 1862, liquidate first
Plan C : Above 1884, consider taking profits if it couldn't hold firm
Plan D : Intraday selling can be considered if market fails to break above 1884 and falls thereafter
Plan E : Cut above 1886
FCPO
FCPO touched the high of 2614 yesterday and eventually close at 2607. Today is the last trading day for FCPO and trading figure will base on July month. Market seems to be holding quite well above support level.
Plan A : Overnight buyer may hold on to position. Support is 2573 and profit target is looking at 2666 and 2723.
Plan B : Intraday investor may buy if market holding at 2592. Profit target is looking at 2640.
Plan C : Seller may want to stay out today.
Plan D : Above 2650, do nothing.
Plan E : Below 2570, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks fell on Wednesday, with the Dow and S&P 500 retreating from recent record highs, as small caps resumed their sell-off and consumer discretionary shares lagged.
Hong Kong shares hit a three-week high on Wednesday, as property and banking stocks continued to rise after China's central bank urged mainland lenders to speed up the granting of home loans.
Holding a long
Plan A : 22151-22584, do nothing
Plan B : Below 22151, liquidate first
Plan C : Above 22584, consider taking profits if it retraces after a higher opening
Plan D : Consider selling only if market consolidates and triggers a sell after failing to break above 22584
Plan E : Cut above 22584
FKLI
Market surged to a new record high, moving in tandem with the underlying cash market yesterday. Mild profit taking could kick in after the triple digits fall in overnight Dow but declines will likely be minimal with investors turning bullish after breaching of few important resistance levels.
Holding a long
Plan A : 1862-1884, do nothing
Plan B : Below 1862, liquidate first
Plan C : Above 1884, consider taking profits if it couldn't hold firm
Plan D : Intraday selling can be considered if market fails to break above 1884 and falls thereafter
Plan E : Cut above 1886
FCPO
FCPO touched the high of 2614 yesterday and eventually close at 2607. Today is the last trading day for FCPO and trading figure will base on July month. Market seems to be holding quite well above support level.
Plan A : Overnight buyer may hold on to position. Support is 2573 and profit target is looking at 2666 and 2723.
Plan B : Intraday investor may buy if market holding at 2592. Profit target is looking at 2640.
Plan C : Seller may want to stay out today.
Plan D : Above 2650, do nothing.
Plan E : Below 2570, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Tuesday, May 13, 2014
14 MAY 2014
HSI Futures
The Dow and the S&P 500 eked out record closing highs again on Tuesday, while the Nasdaq resumed its recent slide, dragged down by shares of Cisco .
Hong Kong shares edged up to a two-week high on Tuesday, led by gains in property stocks amid speculation the government may relax the city's stamp duty rules.
Holding a long
Plan A : 22007-22584, do nothing
Plan B : Below 22007, liquidate first
Plan C : Above 22584, consider taking profits if it cannot sustain
Plan D : Consider selling only if market consolidates and triggers a sell after failing to break above 22584
Plan E : Cut above 22584
FKLI
Market ended Monday with a positive note and it is expected to remain firm above 1862 today.
Holding a long
Plan A : 1857-1876, do nothing
Plan B : Below 1857, exit
Plan C : Above 1876, consider taking profits if it couldn't hold firm
Plan D : Consider intraday selling if market fails to break above 1876
Plan E : Cut above 1884
FCPO
FCPO tipped at 2593 after rested at low of 2568. Market has found its support and tried to break out from the consolidation.
Plan A : Overnight buyer may hold on to position, taking support at 2558. Target looking at 2666 and 2723. Trader may accumulate more position if 2585 is not broken.
Plan B : Intraday investor may buy, taking support at 2573. Target is looking at 2618 and 2640.
Plan C : Seller may stay out today.
Plan D : Above 2640, do nothing.
Plan E : Below 2550, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The Dow and the S&P 500 eked out record closing highs again on Tuesday, while the Nasdaq resumed its recent slide, dragged down by shares of Cisco .
Hong Kong shares edged up to a two-week high on Tuesday, led by gains in property stocks amid speculation the government may relax the city's stamp duty rules.
Holding a long
Plan A : 22007-22584, do nothing
Plan B : Below 22007, liquidate first
Plan C : Above 22584, consider taking profits if it cannot sustain
Plan D : Consider selling only if market consolidates and triggers a sell after failing to break above 22584
Plan E : Cut above 22584
FKLI
Market ended Monday with a positive note and it is expected to remain firm above 1862 today.
Holding a long
Plan A : 1857-1876, do nothing
Plan B : Below 1857, exit
Plan C : Above 1876, consider taking profits if it couldn't hold firm
Plan D : Consider intraday selling if market fails to break above 1876
Plan E : Cut above 1884
FCPO
FCPO tipped at 2593 after rested at low of 2568. Market has found its support and tried to break out from the consolidation.
Plan A : Overnight buyer may hold on to position, taking support at 2558. Target looking at 2666 and 2723. Trader may accumulate more position if 2585 is not broken.
Plan B : Intraday investor may buy, taking support at 2573. Target is looking at 2618 and 2640.
Plan C : Seller may stay out today.
Plan D : Above 2640, do nothing.
Plan E : Below 2550, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
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