19 August 2014

HSI Futures

U.S. stocks surged on Monday, with the Nasdaq closing at a 14-year high as increasing home builder confidence and hopes for receding tensions in Russia gave investors reasons to make bigger bets on the equity market.

Hong Kong shares ended flat on Monday, dampened by weakness in the property and financial sectors after China released weak home prices and foreign direct investment (FDI) data.

Plan A : Above 24999, do nothing
Plan B : Below 24766, do nothing
Plan C : Consider intraday sell if market surges but fails to break above 24999
Plan D : Cut above 25186
Plan E : Attempt buying if market corrects but stays firm above 24766 and triggers a buy again
Plan F : Cut below 24662


FKLI

Market continued to hold firm despite some last minute scare. Buyers should feel more secured today after overnight Dow posted a 175-points gain.

Holding a buy
Plan A : 1856.5-1871, do nothing
Plan B : Below 1856.5, liquidate
Plan C : Above 1871, consider taking profits first it couldn't hold firm
Plan D : Intraday sell can only be considered if market surges but fails to break above 1871
Plan E : Cut above 1874


FCPO

Market run fairly flat yesterday with range tied between 2083-2098. Market may want to look for a bottom after coming down all the way from 2916. Buying however, should not be rushed until there's a clearer conviction that market has bottomed out.

Plan A : Consider long if market holds firm above 2080
Plan B : Cut below 2068
Plan C : Attempt sell if market fails to break above 2102
Plan D : Cut above 2113



*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