FKLI
U.S. stocks slipped on Tuesday, dragged down by energy and materials shares as economic data disappointed, and major indexes posted losses for the month. Market faced last minute sell down but still managed to close above 1840
Plan A : Attempt buying if market stays firm above 1840
Plan B : Cut below 1837
Plan C : Consider intraday sell if market fails to break above 1852
Plan D : Cut above 1855
FCPO
FCPO traded within tight range yesterday. However today it might experience some turbulence during the opening hour as overnight soybean is trading down with net change of 52 cents. Ringgit is further weaken to RM3.28 against USD which might help to limit the downside of the market.
Plan A : Overnight buyer hold on to position. Support is looking at 2173. Target is 2248 and 2323.
Plan B : Intraday investor may buy if market could support above 2180. Target is 2248.
Plan C : Seller may stay out.
Plan D : Above 2250, do nothing.
Plan E : Below 2170, 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, September 30, 2014
Monday, September 29, 2014
30 September 2014
HSI Futures
U.S. stocks ended lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co.
Hong Kong shares ended at their lowest in 2-1/2 months on Monday, as pro-democracy protesters clashed with police in the city's worst unrest since China took back control of the former British colony in 1997. China market will be closed from tomorrow onwards and only resuming on the 8th Oct for its Golden Week Holiday. Hong Kong too, will be closed both tomorrow and Thursday for National Day and Chung Yeung festival.
Plan A : Above 23451, do nothing
Plan B : Below 23118, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23314
Plan D : Cut above 23451
Plan E : Wait for market to stable itself above 23118 before considering buying
Plan F : Cut below 23071
FKLI
Market found a more stable footing yesterday and stayed firm despite selling pressure in the regional markets and also weaker RM against USD. Sentiment could continue to improve today as long as market stays firm above 1840 level
Plan A : Attempt buying if market stays firm above 1840
Plan B : Cut below 1837
Plan C : Consider intraday sell if market fails to break above 1852
Plan D : Cut above 1856
FCPO
FCPO had a slight correction over the past two days and today it might start to ramp again as both soybean oil and Dalian markets are trading up. Overall view is still an uptrend and market might continue to stay positive if support is intact.
Plan A : Overnight buyer may hold on to position. Support is 2176. Target is 2248 and 2323.
Plan B : Intraday investor could buy if 2188 is supported. Target is 2248.
Plan C : Seller stay out of market.
Plan D : Above 2250, do nothing.
Plan E : Below 2170, 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 lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co.
Hong Kong shares ended at their lowest in 2-1/2 months on Monday, as pro-democracy protesters clashed with police in the city's worst unrest since China took back control of the former British colony in 1997. China market will be closed from tomorrow onwards and only resuming on the 8th Oct for its Golden Week Holiday. Hong Kong too, will be closed both tomorrow and Thursday for National Day and Chung Yeung festival.
Plan A : Above 23451, do nothing
Plan B : Below 23118, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23314
Plan D : Cut above 23451
Plan E : Wait for market to stable itself above 23118 before considering buying
Plan F : Cut below 23071
FKLI
Market found a more stable footing yesterday and stayed firm despite selling pressure in the regional markets and also weaker RM against USD. Sentiment could continue to improve today as long as market stays firm above 1840 level
Plan A : Attempt buying if market stays firm above 1840
Plan B : Cut below 1837
Plan C : Consider intraday sell if market fails to break above 1852
Plan D : Cut above 1856
FCPO
FCPO had a slight correction over the past two days and today it might start to ramp again as both soybean oil and Dalian markets are trading up. Overall view is still an uptrend and market might continue to stay positive if support is intact.
Plan A : Overnight buyer may hold on to position. Support is 2176. Target is 2248 and 2323.
Plan B : Intraday investor could buy if 2188 is supported. Target is 2248.
Plan C : Seller stay out of market.
Plan D : Above 2250, do nothing.
Plan E : Below 2170, 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, September 28, 2014
29 September 2014
HSI Futures
U.S. stocks ended higher on Friday, with the S&P 500 rallying back above a key technical level, but the advance was not enough to offset recent declines and major indexes closed out their worst week of the past eight.
Hong Kong's benchmark share index closed at a two-month low after posting its biggest weekly loss since March, with investors retreating as the U.S. dollar gained strength. Asian equity markets are poised to start the week higher following a positive U.S. lead but fresh signs of slowing growth in China may limit gains. Ongoing standoff in Hong Kong which turned ugly might also dampened any significant surge.
Plan A : Above 23805, do nothing
Plan B : Below 23570, do nothing
Plan C : Consider selling if market gaps up but fails to break above 23805
Plan D : Cut above 23950
Plan E : Attempt buying if market stays firm above 23570 and triggers a buy
Plan F : Cut below 23530
FKLI
Market defied the selling pressure and closed almost at day's low level last Friday. Despite some attempts to rebound, this recovery could be temporary as geopolitical risks in the region might distort any further surge.
Plan A : Attempt selling if market fails to breach above 1842
Plan B : Cut above 1845
Plan C : Consider buying only if market holds stubbornly above 1832
Plan D : Cut below 1826
FCPO
FCPO was exerted with selling pressure after reaching 2203 and market eventually closed at 2177. Market opened with slight gap as both Dalian and soybean oil are trading weak. Ringgit remain exhausted chasing against the greenback.
Plan A : Overnight buyer hold on to position. Support is 2159. Target is 2248.
Plan B : Intraday investor might want to buy if 2159 is not breached. Target is 2212.
Plan C : Above 2220, do nothing.
Plan D : Below 2150, 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, with the S&P 500 rallying back above a key technical level, but the advance was not enough to offset recent declines and major indexes closed out their worst week of the past eight.
Hong Kong's benchmark share index closed at a two-month low after posting its biggest weekly loss since March, with investors retreating as the U.S. dollar gained strength. Asian equity markets are poised to start the week higher following a positive U.S. lead but fresh signs of slowing growth in China may limit gains. Ongoing standoff in Hong Kong which turned ugly might also dampened any significant surge.
Plan A : Above 23805, do nothing
Plan B : Below 23570, do nothing
Plan C : Consider selling if market gaps up but fails to break above 23805
Plan D : Cut above 23950
Plan E : Attempt buying if market stays firm above 23570 and triggers a buy
Plan F : Cut below 23530
FKLI
Market defied the selling pressure and closed almost at day's low level last Friday. Despite some attempts to rebound, this recovery could be temporary as geopolitical risks in the region might distort any further surge.
Plan A : Attempt selling if market fails to breach above 1842
Plan B : Cut above 1845
Plan C : Consider buying only if market holds stubbornly above 1832
Plan D : Cut below 1826
FCPO
FCPO was exerted with selling pressure after reaching 2203 and market eventually closed at 2177. Market opened with slight gap as both Dalian and soybean oil are trading weak. Ringgit remain exhausted chasing against the greenback.
Plan A : Overnight buyer hold on to position. Support is 2159. Target is 2248.
Plan B : Intraday investor might want to buy if 2159 is not breached. Target is 2212.
Plan C : Above 2220, do nothing.
Plan D : Below 2150, 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, September 25, 2014
26 September 2014
HSI Futures
U.S. stocks ended with sharp losses on Thursday, with the S&P 500 suffering its biggest one-day decline since July, as Apple tumbled and the dollar rose to a four-year high.
Hong Kong shares skidded to their lowest close in more than 9 weeks on Thursday, fuelled by selling on concerns over unrest in the territory as pro-democracy activists prepare for a major protest in their "Occupy Central" campaign on Oct. 1.
Plan A : Above 23950, do nothing
Plan B : Below 23660, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 23950
Plan D : Cut above 24111
Plan E : Consider buying if market stays firm above 23660 and triggers a buy
Plan F : Cut below 23660
FKLI
Market successfully defended above 1833 but failed short of breaching above 1840 yesterday. Market is expected to take over from Dow with negative tone today. Failure to hold above 1833 would likely see market diving to a new recent low level.
Plan A : Attempt selling if market breaks below 1833
Plan B : Cut above 1840
Plan C : No buying to be attempted till market stabilized
FCPO
FCPO tipped at 2207 during the second session and settled at 2197. Market is on its way for an uptrend channel and today it experienced some turbulence as Dalian and soybean oil is down.
Plan A : Overnight buyer hold on to position. Support is looking at 2159. Target is 2248.
Plan B : Intraday investor might buy if 2159 is supported. Target is 2212.
Plan C : Seller stay out.
Plan D : Above 2220, do nothing.
Plan E : Below 2050, 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 with sharp losses on Thursday, with the S&P 500 suffering its biggest one-day decline since July, as Apple tumbled and the dollar rose to a four-year high.
Hong Kong shares skidded to their lowest close in more than 9 weeks on Thursday, fuelled by selling on concerns over unrest in the territory as pro-democracy activists prepare for a major protest in their "Occupy Central" campaign on Oct. 1.
Plan A : Above 23950, do nothing
Plan B : Below 23660, do nothing
Plan C : Attempt selling if market gaps up but fails to break above 23950
Plan D : Cut above 24111
Plan E : Consider buying if market stays firm above 23660 and triggers a buy
Plan F : Cut below 23660
FKLI
Market successfully defended above 1833 but failed short of breaching above 1840 yesterday. Market is expected to take over from Dow with negative tone today. Failure to hold above 1833 would likely see market diving to a new recent low level.
Plan A : Attempt selling if market breaks below 1833
Plan B : Cut above 1840
Plan C : No buying to be attempted till market stabilized
FCPO
FCPO tipped at 2207 during the second session and settled at 2197. Market is on its way for an uptrend channel and today it experienced some turbulence as Dalian and soybean oil is down.
Plan A : Overnight buyer hold on to position. Support is looking at 2159. Target is 2248.
Plan B : Intraday investor might buy if 2159 is supported. Target is 2212.
Plan C : Seller stay out.
Plan D : Above 2220, do nothing.
Plan E : Below 2050, 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, September 24, 2014
25 September 2014
HSI Futures
U.S. stocks jumped in a broad advance on Wednesday, with the S&P 500 snapping a three-day losing streak and climbing back above a key technical level in a move that pointed to improving near-term momentum.
Hong Kong shares ended higher for the first time this week on Wednesday lifted by a stronger China market, with investor sentiment recovering after better-than-expected Chinese manufacturing activity.
Plan A : Above 24039, do nothing
Plan B : Below 23660, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23949
Plan D : Cut above 24039
Plan E : Consider intraday buying only if market holds firmly above 23805 and triggers a buy
Plan F : Cut below 23660
FKLI
Market was seen weak but it successfully hold above 1826 before settling at 1830 for yesterday's close. Firmer overnight markets could lift up the sentiments a little today, especially if market were to hold firmly above 1826 and surge beyond 1833
Plan A : Consider intraday long if market were to open and stay firm above 1833
Plan B : Cut below 1826
Plan C : Selling to be attempted if market fails to breach or stay firm above 1840
Plan D : Cut above 1843
FCPO
FCPO shown a strong rebound over the past 2 days after correction at 2064. Market has a possibility to continue with the upside, reaching 2200 level. Dalian and soybean oil are performing well and FCPO also open higher as expected.
Plan A : Long term and intraday buyer may buy if market could support above 2150. Target is 2248 and 2312.
Plan B : Seller could try selling if 2180 could not break. Target is 2154.
Plan C : Above 2190, do nothing.
Plan D : Below 2140, 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 jumped in a broad advance on Wednesday, with the S&P 500 snapping a three-day losing streak and climbing back above a key technical level in a move that pointed to improving near-term momentum.
Hong Kong shares ended higher for the first time this week on Wednesday lifted by a stronger China market, with investor sentiment recovering after better-than-expected Chinese manufacturing activity.
Plan A : Above 24039, do nothing
Plan B : Below 23660, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23949
Plan D : Cut above 24039
Plan E : Consider intraday buying only if market holds firmly above 23805 and triggers a buy
Plan F : Cut below 23660
FKLI
Market was seen weak but it successfully hold above 1826 before settling at 1830 for yesterday's close. Firmer overnight markets could lift up the sentiments a little today, especially if market were to hold firmly above 1826 and surge beyond 1833
Plan A : Consider intraday long if market were to open and stay firm above 1833
Plan B : Cut below 1826
Plan C : Selling to be attempted if market fails to breach or stay firm above 1840
Plan D : Cut above 1843
FCPO
FCPO shown a strong rebound over the past 2 days after correction at 2064. Market has a possibility to continue with the upside, reaching 2200 level. Dalian and soybean oil are performing well and FCPO also open higher as expected.
Plan A : Long term and intraday buyer may buy if market could support above 2150. Target is 2248 and 2312.
Plan B : Seller could try selling if 2180 could not break. Target is 2154.
Plan C : Above 2190, do nothing.
Plan D : Below 2140, 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, September 23, 2014
24 September 2014
HSI Futures
U.S. stocks fell on Tuesday, with consumer staples leading the S&P 500 down to its third straight daily loss, as investors grew concerned about the pace of global economic growth.
Hong Kong shares finished at their lowest in two months on Tuesday, unimpressed by stronger Chinese mainland markets and weighed down by a few index heavyweights.
Plan A : Above 24039, do nothing
Plan B : Below 23660, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23949
Plan D : Cut above 24039
Plan E : Consider intraday buying only if market holds firmly above 23805 and triggers a buy
Plan F : Cut below 23660
FKLI
Bears seen taking control of the market for the time being despite attempts to rebound after touching an intraday low of 1824.5 yesterday. Sellers should just continue holding on to their position for now.
Holding a short
Plan A : Between 1800.5-1840, do nothing
Plan B : Above 1840, liquidate
Plan C : Below 1800.5, consider taking profits if it rebounds after trading lower
Plan D : No buying to be attempted till market stables itself
FCPO
FCPO rebounded to high of 2132 yesterday, breaking the resistance. Though market is leaning towards an uptrend, however, it has a possibility of market consolidation. Therefore, not recommended for long term investor to trade at this moment.
Plan A : Overnight seller may have exited yesterday as resistance is broken.
Plan B : Intraday investor could range trade at 2136 to 2097.
Plan C : Above 2150, do nothing.
Plan D : Below 2080, 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 Tuesday, with consumer staples leading the S&P 500 down to its third straight daily loss, as investors grew concerned about the pace of global economic growth.
Hong Kong shares finished at their lowest in two months on Tuesday, unimpressed by stronger Chinese mainland markets and weighed down by a few index heavyweights.
Plan A : Above 24039, do nothing
Plan B : Below 23660, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 23949
Plan D : Cut above 24039
Plan E : Consider intraday buying only if market holds firmly above 23805 and triggers a buy
Plan F : Cut below 23660
FKLI
Bears seen taking control of the market for the time being despite attempts to rebound after touching an intraday low of 1824.5 yesterday. Sellers should just continue holding on to their position for now.
Holding a short
Plan A : Between 1800.5-1840, do nothing
Plan B : Above 1840, liquidate
Plan C : Below 1800.5, consider taking profits if it rebounds after trading lower
Plan D : No buying to be attempted till market stables itself
FCPO
FCPO rebounded to high of 2132 yesterday, breaking the resistance. Though market is leaning towards an uptrend, however, it has a possibility of market consolidation. Therefore, not recommended for long term investor to trade at this moment.
Plan A : Overnight seller may have exited yesterday as resistance is broken.
Plan B : Intraday investor could range trade at 2136 to 2097.
Plan C : Above 2150, do nothing.
Plan D : Below 2080, 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, September 22, 2014
23 September 2014
HSI Futures
U.S. stocks closed lower on Monday, with the S&P 500 suffering its biggest one-day decline since early August as the latest housing data came in much weaker than expected, raising new concerns about the level of growth in the economy.
Hong Kong shares closed at two-month lows on Monday, as investors fretted that a private preliminary factory survey due on Tuesday could provide more evidence of a slowdown in China. Nikkei will be closed for Autumn Equinox Holiday today.
Plan A : Above 24237, do nothing
Plan B : Below 23926, do nothing
Plan C : Consider selling if market recovers but fails to breach above 24082
Plan D : Cut above 24237
Plan E : Attempt buying if market holds firmly above 23926 and triggers a buy again
Plan F : Cut below 23926
FKLI
Market resumed its slump after failing to break away from its bearish mode. Buyers were seen scrambling for the exit door towards the closing minutes of yesterday's trading and eventually closed at day's low level.
Plan A : Attempt selling around 1842 if market were to rebound
Plan B : Cut above 1846
Plan C : Consider intraday buy if market test 1826 and rebound
Plan D : Cut below 1822
FCPO
FCPO slipped further to low of 2064 and recorded the highest rebound at 2093 towards the closing hour. Market was running on tight range after the gap down yesterday. Soybean oil and Dalian signal is quite mixed today but it is likely that the market will open lower as overnight soybean oil traded weak before closed. Overall trend is still a sell, however with the ringgit at 3.25 against the greenback, the down side could be limited. This could be market correction instead. Fresh seller is advised to trade only if market to rebound near the resistance. If not, better stay out.
Plan A : Overnight seller hold on to position. Resistance is at 2118. Target is at 2043.
Plan B : Buyer need to stay out at this moment until the market stabilizes.
Plan C : Intraday investor sell if market could rebound and resisted at 2118. Target is 2043. Place a stop.
Plan D : Above 2120, do nothing.
Plan E : Below 2040, 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 closed lower on Monday, with the S&P 500 suffering its biggest one-day decline since early August as the latest housing data came in much weaker than expected, raising new concerns about the level of growth in the economy.
Hong Kong shares closed at two-month lows on Monday, as investors fretted that a private preliminary factory survey due on Tuesday could provide more evidence of a slowdown in China. Nikkei will be closed for Autumn Equinox Holiday today.
Plan A : Above 24237, do nothing
Plan B : Below 23926, do nothing
Plan C : Consider selling if market recovers but fails to breach above 24082
Plan D : Cut above 24237
Plan E : Attempt buying if market holds firmly above 23926 and triggers a buy again
Plan F : Cut below 23926
FKLI
Market resumed its slump after failing to break away from its bearish mode. Buyers were seen scrambling for the exit door towards the closing minutes of yesterday's trading and eventually closed at day's low level.
Plan A : Attempt selling around 1842 if market were to rebound
Plan B : Cut above 1846
Plan C : Consider intraday buy if market test 1826 and rebound
Plan D : Cut below 1822
FCPO
FCPO slipped further to low of 2064 and recorded the highest rebound at 2093 towards the closing hour. Market was running on tight range after the gap down yesterday. Soybean oil and Dalian signal is quite mixed today but it is likely that the market will open lower as overnight soybean oil traded weak before closed. Overall trend is still a sell, however with the ringgit at 3.25 against the greenback, the down side could be limited. This could be market correction instead. Fresh seller is advised to trade only if market to rebound near the resistance. If not, better stay out.
Plan A : Overnight seller hold on to position. Resistance is at 2118. Target is at 2043.
Plan B : Buyer need to stay out at this moment until the market stabilizes.
Plan C : Intraday investor sell if market could rebound and resisted at 2118. Target is 2043. Place a stop.
Plan D : Above 2120, do nothing.
Plan E : Below 2040, 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, September 21, 2014
22 September 2014
HSI Futures
The Dow and S & P 500 ended Friday's session with slight moves, while the Nasdaq closed lower after Alibaba's strong debut was offset by such falling technology shares as Oracle and Yahoo.
Hong Kong shares had solid rises on Friday, after Alibaba Group's IPO-BABA.N red-hot initial public offering underpinned U.S. bourses, but they were still down for for the week. A slew of PMI data ranging from China to Europe will be released tomorrow in a day where Japan will be closed for Autumn Equinox holiday.
Plan A : Above 24431, do nothing
Plan B : Below 24082, do nothing
Plan C : Consider selling if market gaps up but fails to break above 24431
Plan D : Cut above 24605
Plan E : Attempt buying if market holds firm above 24082 and rebounds
Plan F : Cut below 23986
FKLI
Market remained firm before closing the week positive last Friday. Market will need to stand firm above 1853 in order to have a real chance of rallying further
Holding a long
Plan A : 1841.5-1859.5, do nothing
Plan B : Below 1841.5, liquidate
Plan C : Above 1859.5, consider taking profits if market couldn't stand firm
Plan D : Intraday sell can be considered if market fails to break above 1859.5
Plan E : Cut above 1863
FCPO
FCPO ended weak at 2111 last Friday and with the negative impact from the Dalian and soybean oil market, with no surprise, market opened gap down at 2090.
Plan A : Overnight buyer should exit the market today as the support is breached.
Plan B : Seller could try to sell if market could rebound to resistance at 2124. Target is 2043.
Plan C : Above 2130, do nothing.
Plan D : Below 2040, 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 S & P 500 ended Friday's session with slight moves, while the Nasdaq closed lower after Alibaba's strong debut was offset by such falling technology shares as Oracle and Yahoo.
Hong Kong shares had solid rises on Friday, after Alibaba Group's IPO-BABA.N red-hot initial public offering underpinned U.S. bourses, but they were still down for for the week. A slew of PMI data ranging from China to Europe will be released tomorrow in a day where Japan will be closed for Autumn Equinox holiday.
Plan A : Above 24431, do nothing
Plan B : Below 24082, do nothing
Plan C : Consider selling if market gaps up but fails to break above 24431
Plan D : Cut above 24605
Plan E : Attempt buying if market holds firm above 24082 and rebounds
Plan F : Cut below 23986
FKLI
Market remained firm before closing the week positive last Friday. Market will need to stand firm above 1853 in order to have a real chance of rallying further
Holding a long
Plan A : 1841.5-1859.5, do nothing
Plan B : Below 1841.5, liquidate
Plan C : Above 1859.5, consider taking profits if market couldn't stand firm
Plan D : Intraday sell can be considered if market fails to break above 1859.5
Plan E : Cut above 1863
FCPO
FCPO ended weak at 2111 last Friday and with the negative impact from the Dalian and soybean oil market, with no surprise, market opened gap down at 2090.
Plan A : Overnight buyer should exit the market today as the support is breached.
Plan B : Seller could try to sell if market could rebound to resistance at 2124. Target is 2043.
Plan C : Above 2130, do nothing.
Plan D : Below 2040, 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, September 18, 2014
19 September 2014
HSI Futures
U.S. stocks rose on Thursday, a day after the U.S. Federal Reserve kept intact its pledge to keep interest rates low, providing a backstop for investors that helped lift both the Dow and S&P to record highs.
Hong Kong shares finished lower on Thursday after weak Chinese housing data heightened concerns of a deepening downtrend in the property sector that is weighing on the broader economy.
Plan A : Above 24392, do nothing
Plan B : Below 24082, do nothing
Plan C : Consider selling if market gaps up but fails to breach above 24392
Plan D : Cut above 24488
Plan E : Attempt buying if market stays firm above 24082 and triggers a buy
Plan F : Cut below 24082
FKLI
Buyers got the booster much needed yesterday after market closed at day's high level of 1839. Buyers can continue to hold on to their position as long as market stays firm above 1834
Holding a long
Plan A : 1834-1855, do nothing
Plan B : Below 1834, cut
Plan C : Consider taking profit above 1855 if it could not sustain
Plan D : Intraday sell to be considered only if market fails to break above 1850
Plan E : Cut above 1855
FCPO
FCPO tipped at recent high of 2173 yesterday, however, it started to experience some selling pressure during the second session and finally it closed at 2145. Market correction seems inevitable after the rally. Overnight soybean oil is down 67 cents and Dalian market is down too and therefore, investor might anticipate a gap down during the opening hour. Ringgit record 3.24 against the greenback.
Plan A : Overnight buyer may hold on to position if market could support above 2086. Target is 2248.
Plan B : Intraday investor may consider to sell if market rebounded and could not break resistance at 2150. Target is 2090.
Plan C : Fresh buyer may stay out.
Plan D : Above 2150, do nothing.
Plan E : Below 2080, 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 Thursday, a day after the U.S. Federal Reserve kept intact its pledge to keep interest rates low, providing a backstop for investors that helped lift both the Dow and S&P to record highs.
Hong Kong shares finished lower on Thursday after weak Chinese housing data heightened concerns of a deepening downtrend in the property sector that is weighing on the broader economy.
Plan A : Above 24392, do nothing
Plan B : Below 24082, do nothing
Plan C : Consider selling if market gaps up but fails to breach above 24392
Plan D : Cut above 24488
Plan E : Attempt buying if market stays firm above 24082 and triggers a buy
Plan F : Cut below 24082
FKLI
Buyers got the booster much needed yesterday after market closed at day's high level of 1839. Buyers can continue to hold on to their position as long as market stays firm above 1834
Holding a long
Plan A : 1834-1855, do nothing
Plan B : Below 1834, cut
Plan C : Consider taking profit above 1855 if it could not sustain
Plan D : Intraday sell to be considered only if market fails to break above 1850
Plan E : Cut above 1855
FCPO
FCPO tipped at recent high of 2173 yesterday, however, it started to experience some selling pressure during the second session and finally it closed at 2145. Market correction seems inevitable after the rally. Overnight soybean oil is down 67 cents and Dalian market is down too and therefore, investor might anticipate a gap down during the opening hour. Ringgit record 3.24 against the greenback.
Plan A : Overnight buyer may hold on to position if market could support above 2086. Target is 2248.
Plan B : Intraday investor may consider to sell if market rebounded and could not break resistance at 2150. Target is 2090.
Plan C : Fresh buyer may stay out.
Plan D : Above 2150, do nothing.
Plan E : Below 2080, 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, September 17, 2014
18 September 2014
HSI Futures
U.S. stocks edged higher in volatile trading on Wednesday after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labor market, standing firm against calls to overhaul its policy statement.
Hong Kong's benchmark index closed higher for the first time in nine sessions on Wednesday, tracking gains in U.S. markets on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the day.
Plan A : Above 24488, do nothing
Plan B : Below 24177, do nothing
Plan C : Consider selling if market fails to breach above 24488
Plan D : Cut above 24605
Plan E : Attempt buying if market stays firm above 24177 and triggers buying signal
Plan F : Cut below 24082
FKLI
Market seems sluggish despite attempts to breach above 1840 level once again. Market must at least stands firm above 1838 today in order to have any chance of decoupling itself from the bearish mode
Plan A : Consider buying if market breach and stays firm above 1838
Plan B : Cut below 1833
Plan C : Attempt selling if market test 1850 level but fails to breach through
Plan D : Cut above 1855
FCPO
Short covering at the eleventh hour pushed FCPO to an intraday high level of 2150 before settling at 2144 for a close yesterday. Weak RM at 3.23 and strong overnight bean would help market stay stable for the time being.
Plan A : Overnight buyers may hold on to their position. Support looking at 2098 with target stood at 2212
Plan B : Intraday player can consider to buy at 2120 level
Plan C : Cut below 2098
Plan D : Consider intraday selling only if market fails to breach above 2155
Plan E : Cut above 2177
*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 edged higher in volatile trading on Wednesday after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labor market, standing firm against calls to overhaul its policy statement.
Hong Kong's benchmark index closed higher for the first time in nine sessions on Wednesday, tracking gains in U.S. markets on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the day.
Plan A : Above 24488, do nothing
Plan B : Below 24177, do nothing
Plan C : Consider selling if market fails to breach above 24488
Plan D : Cut above 24605
Plan E : Attempt buying if market stays firm above 24177 and triggers buying signal
Plan F : Cut below 24082
FKLI
Market seems sluggish despite attempts to breach above 1840 level once again. Market must at least stands firm above 1838 today in order to have any chance of decoupling itself from the bearish mode
Plan A : Consider buying if market breach and stays firm above 1838
Plan B : Cut below 1833
Plan C : Attempt selling if market test 1850 level but fails to breach through
Plan D : Cut above 1855
FCPO
Short covering at the eleventh hour pushed FCPO to an intraday high level of 2150 before settling at 2144 for a close yesterday. Weak RM at 3.23 and strong overnight bean would help market stay stable for the time being.
Plan A : Overnight buyers may hold on to their position. Support looking at 2098 with target stood at 2212
Plan B : Intraday player can consider to buy at 2120 level
Plan C : Cut below 2098
Plan D : Consider intraday selling only if market fails to breach above 2155
Plan E : Cut above 2177
*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, September 16, 2014
17 September 2014
HSI Futures
U.S. stocks ended higher on Tuesday, with the S&P 500 notching its best performance in a month after a news report shifted investor expectations for the Federal Reserve's policy statement Wednesday.
Hong Kong's benchmark index fell for an eighth session in a row on Tuesday, hurt by a tumble in mainland markets and continued weakness in Macau casinos. Trading began in the afternoon after Typhoon Kalmaegi forced cancellation of Hong Kong's morning session.
Plan A : Above 24431, do nothing
Plan B : Below 24082, do nothing
Plan C : Consider selling if market rebounds but fails to break above 24324
Plan D : Cut above 24605
Plan E : Attempt buying if market supports well above 24151 and triggers a buy
Plan F : Cut below 24082
FKLI
Market continued its slump on Monday before going into Malaysia Day holiday yesterday. Although there was a recovery from its intraday low of 1826, market's sentiment look dampened. Any rebound could represent opportunities to sell as long as it stays below 1845.
Plan A : Attempt selling around 1841-1845 level
Plan B : Cut above 1850
Plan C : Consider intraday buy if market test another round of 1828 and rebounds
Plan D : Cut below 1823
FCPO
FCPO resume with its rally to the peak of 2124 on Monday and it eventually settled at 2101. Investor may need to take into account that today will be the switch month and there will be a slight gap up during opening. Ringgit is further weaken at 3.22 against greenback.
Plan A : Overnight buyer may hold on to position. Support is looking at 2084. Target is looking at 2248.
Plan B : Intraday investor may wait for market to consolidate before reacting. Support is looking at 2101. Target is 2151.
Plan C : Seller may stay out.
Plan D : Above 2160, do nothing.
Plan E : Below 2070, 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 Tuesday, with the S&P 500 notching its best performance in a month after a news report shifted investor expectations for the Federal Reserve's policy statement Wednesday.
Hong Kong's benchmark index fell for an eighth session in a row on Tuesday, hurt by a tumble in mainland markets and continued weakness in Macau casinos. Trading began in the afternoon after Typhoon Kalmaegi forced cancellation of Hong Kong's morning session.
Plan A : Above 24431, do nothing
Plan B : Below 24082, do nothing
Plan C : Consider selling if market rebounds but fails to break above 24324
Plan D : Cut above 24605
Plan E : Attempt buying if market supports well above 24151 and triggers a buy
Plan F : Cut below 24082
FKLI
Market continued its slump on Monday before going into Malaysia Day holiday yesterday. Although there was a recovery from its intraday low of 1826, market's sentiment look dampened. Any rebound could represent opportunities to sell as long as it stays below 1845.
Plan A : Attempt selling around 1841-1845 level
Plan B : Cut above 1850
Plan C : Consider intraday buy if market test another round of 1828 and rebounds
Plan D : Cut below 1823
FCPO
FCPO resume with its rally to the peak of 2124 on Monday and it eventually settled at 2101. Investor may need to take into account that today will be the switch month and there will be a slight gap up during opening. Ringgit is further weaken at 3.22 against greenback.
Plan A : Overnight buyer may hold on to position. Support is looking at 2084. Target is looking at 2248.
Plan B : Intraday investor may wait for market to consolidate before reacting. Support is looking at 2101. Target is 2151.
Plan C : Seller may stay out.
Plan D : Above 2160, do nothing.
Plan E : Below 2070, 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, September 14, 2014
15 September 2014
HSI Futures
U.S. stocks fell on Friday weighed by energy shares as crude prices continued to fall, while high-yielding utilities and telecom shares also sold off as Treasury yields jumped.
Hong Kong shares ended their worst week in six months on Friday, as investors locked in profits amid concerns that China's economy will remain sluggish and a U.S. interest rate rise may come sooner than expected. Asia stocks seen lower on Monday following weak Chinese data, but trading volumes will be light with Japan closed for a holiday.
Plan A : Above 24736, do nothing
Plan B : Below 24431, do nothing
Plan C : Attempt selling if market surge but fails to break above 24736
Plan D : Cut above 24837
Plan E : Consider buying if market stands firm above 24431 and triggers a buy
Plan F : Cut below 24431
FKLI
Market continued to head south with market closing near day's low level last Friday. Any rebound could be weak for the time being especially with regional markets following suit
Plan A : Attempt selling around 1855-1859 level
Plan B : Cut above 1861
Plan C : No buying to be attempted until market finds a bottom
FCPO
FCPO had a smooth run last week. Overnight soybean oil surged up to net change of USD1.05. Therefore, it is not surprised to see a gap up during opening.
Plan A : Overnight buyer could hold on to position. Support is looking at 2051. Target is looking at 2151 and 2248.
Plan B : Intraday investor could buy if market could support above 2084. Target is 2151.
Plan C : Above 2160, do nothing.
Plan D : Below 2040, 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 Friday weighed by energy shares as crude prices continued to fall, while high-yielding utilities and telecom shares also sold off as Treasury yields jumped.
Hong Kong shares ended their worst week in six months on Friday, as investors locked in profits amid concerns that China's economy will remain sluggish and a U.S. interest rate rise may come sooner than expected. Asia stocks seen lower on Monday following weak Chinese data, but trading volumes will be light with Japan closed for a holiday.
Plan A : Above 24736, do nothing
Plan B : Below 24431, do nothing
Plan C : Attempt selling if market surge but fails to break above 24736
Plan D : Cut above 24837
Plan E : Consider buying if market stands firm above 24431 and triggers a buy
Plan F : Cut below 24431
FKLI
Market continued to head south with market closing near day's low level last Friday. Any rebound could be weak for the time being especially with regional markets following suit
Plan A : Attempt selling around 1855-1859 level
Plan B : Cut above 1861
Plan C : No buying to be attempted until market finds a bottom
FCPO
FCPO had a smooth run last week. Overnight soybean oil surged up to net change of USD1.05. Therefore, it is not surprised to see a gap up during opening.
Plan A : Overnight buyer could hold on to position. Support is looking at 2051. Target is looking at 2151 and 2248.
Plan B : Intraday investor could buy if market could support above 2084. Target is 2151.
Plan C : Above 2160, do nothing.
Plan D : Below 2040, 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, September 11, 2014
12 September 2014
HSI Futures
U.S. stocks recovered from early losses on Thursday, with the S&P 500 managing a slight gain as energy prices and oil stocks turned higher and financials lent support.
Hong Kong's benchmark index ended lower for a fifth straight day on Thursday, failing to hold onto slim midday gains after China indexes slid into the red with investors turning cautious ahead of more economic data.
Plan A : Above 24781, do nothing
Plan B : Below 24530, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24781
Plan D : Cut above 24837
Plan E : Consider buying if market holds firm above 24530 and triggers a buy again
Plan F : Cut below 24530
FKLI
Market fall at the eleventh hour yesterday after trading between the range of 1866-1868 for most of the day. Selling pressure were seen towards the final hour of trading. Sentiments were beaten, any technical rebound could be weak for today.
Plan A : Attempt selling if market rebounds but fails to breach above 1864
Plan B : Cut above 1869
Plan C : Consider intraday buy if market dive to 1845.5 and rebounds
Plan D : Cut below 1842
FCPO
FCPO broke through the resistance and tipped at 2073 yesterday. Ringgit remain weaken at 3.2 against greenback. Therefore, buyer will be more comfortable with their position.
Plan A : Overnight buyer hold on to position. Support is looking at 2016. Target 2151 and 2248.
Plan B : Seller may stay out of market.
Plan C : Intraday investor could try buying if support could hold on to 2052. Target is 2091.
Plan D : Above 2100, do nothing.
Plan E : Below 2010, 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 recovered from early losses on Thursday, with the S&P 500 managing a slight gain as energy prices and oil stocks turned higher and financials lent support.
Hong Kong's benchmark index ended lower for a fifth straight day on Thursday, failing to hold onto slim midday gains after China indexes slid into the red with investors turning cautious ahead of more economic data.
Plan A : Above 24781, do nothing
Plan B : Below 24530, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24781
Plan D : Cut above 24837
Plan E : Consider buying if market holds firm above 24530 and triggers a buy again
Plan F : Cut below 24530
FKLI
Market fall at the eleventh hour yesterday after trading between the range of 1866-1868 for most of the day. Selling pressure were seen towards the final hour of trading. Sentiments were beaten, any technical rebound could be weak for today.
Plan A : Attempt selling if market rebounds but fails to breach above 1864
Plan B : Cut above 1869
Plan C : Consider intraday buy if market dive to 1845.5 and rebounds
Plan D : Cut below 1842
FCPO
FCPO broke through the resistance and tipped at 2073 yesterday. Ringgit remain weaken at 3.2 against greenback. Therefore, buyer will be more comfortable with their position.
Plan A : Overnight buyer hold on to position. Support is looking at 2016. Target 2151 and 2248.
Plan B : Seller may stay out of market.
Plan C : Intraday investor could try buying if support could hold on to 2052. Target is 2091.
Plan D : Above 2100, do nothing.
Plan E : Below 2010, 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, September 10, 2014
11 September 2014
HSI Futures
A rebound in Apple shares helped push U.S. stocks higher on Wednesday for the first session in three, while the energy sector lagged as crude prices fell.
Hong Kong shares had their biggest fall in more than seven months on Wednesday, as concerns that the Federal Reserve could raise interest rates sooner than expected triggered an across-the-board sell-off. A slew of China data are due today with CPI data the focus of all.
Plan A : Above 24983, do nothing
Plan B : Below 24575, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24836
Plan D : Cut above 24983
Plan E : Consider buying if market holds firm above 24575 and triggers a buy again
Plan F : Cut below 24575
FKLI
Market went through a lackluster trading yesterday but still managed to close firm above 1865 level. Market should be able to firm up a little today, taking cue from overnight Dow.
Plan A : Attempt buying if market stays firm above 1865
Plan B : Cut below 1862
Plan C : Consider intraday sell if market surges but fails to break above 1877.5
Plan D : Cut above 1880
FCPO
FCPO is showing that it is taking a breather from the spike up last week. Ringgit is still weak against greenback at 3.19. Therefore, it is higher possibility of an uptrend. Of course, investor should not discount a fall if market trade below 1990.
Plan A : Overnight buyer may hold on to position. Support is looking at 1991. Target is 2091 and 2248.
Plan B : Intraday investor might consider selling if 2046 is not breached. Target is 1991 and 1965. Place a stop.
Plan C : Buyer might try buying if 2016 is supported. Target is 2052. Hold on to position if market could close above 2060.
Plan D : Above 2060, do nothing.
Plan E : Below 1990, 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
A rebound in Apple shares helped push U.S. stocks higher on Wednesday for the first session in three, while the energy sector lagged as crude prices fell.
Hong Kong shares had their biggest fall in more than seven months on Wednesday, as concerns that the Federal Reserve could raise interest rates sooner than expected triggered an across-the-board sell-off. A slew of China data are due today with CPI data the focus of all.
Plan A : Above 24983, do nothing
Plan B : Below 24575, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 24836
Plan D : Cut above 24983
Plan E : Consider buying if market holds firm above 24575 and triggers a buy again
Plan F : Cut below 24575
FKLI
Market went through a lackluster trading yesterday but still managed to close firm above 1865 level. Market should be able to firm up a little today, taking cue from overnight Dow.
Plan A : Attempt buying if market stays firm above 1865
Plan B : Cut below 1862
Plan C : Consider intraday sell if market surges but fails to break above 1877.5
Plan D : Cut above 1880
FCPO
FCPO is showing that it is taking a breather from the spike up last week. Ringgit is still weak against greenback at 3.19. Therefore, it is higher possibility of an uptrend. Of course, investor should not discount a fall if market trade below 1990.
Plan A : Overnight buyer may hold on to position. Support is looking at 1991. Target is 2091 and 2248.
Plan B : Intraday investor might consider selling if 2046 is not breached. Target is 1991 and 1965. Place a stop.
Plan C : Buyer might try buying if 2016 is supported. Target is 2052. Hold on to position if market could close above 2060.
Plan D : Above 2060, do nothing.
Plan E : Below 1990, 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, September 9, 2014
10 September 2014
HSI Futures
U.S. stocks fell on Tuesday as Apple shares declined and as bond yields hit their highest in a month on concerns the Federal Reserve could raise interest rates sooner than some investors had expected.
Hong Kong's financial markets are closed yesterday for the Mid-Autumn Festival holiday and will resume trading today. Korea will continue to close today in conjunction with Chuseok holidays.
Plan A : Above 25260, do nothing
Plan B : Below 24983, do nothing
Plan C : Consider selling if market surges but fails to break above 25260
Plan D : Cut above 25436
Plan E : Attempt buying if market stubbornly holds above 24983 and triggers a buy again
Plan F : Cut below 24917
FKLI
Market continued to firm up despite weaker Ringgit. Market successfully defended above 1865 and surged higher in the afternoon. Market is expected to remain firm today despite a poorer performance from overnight Dow.
Plan A : Attempt buying around 1868-1869 level
Plan B : Cut below 1865
Plan C : Consider intraday sell if market fails to break above 1877.5
Plan D : Cut above 1880
FCPO
FCPO consolidated yesterday within the range of 2006 to 2046. Market might gap down during opening hour due to the weak overnight soybean oil and China market. Ringgit is 3.19 against the greenback which might aid in supporting the market uptrend.
Plan A : Overnight buyer hold on to position. Support is looking at 1991. Target is 2091 and 2248.
Plan B : Intraday investor might want to range trade within 1991 and 2033.
Plan C : Above 2040, do nothing.
Plan D : Below 1980, 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 Tuesday as Apple shares declined and as bond yields hit their highest in a month on concerns the Federal Reserve could raise interest rates sooner than some investors had expected.
Hong Kong's financial markets are closed yesterday for the Mid-Autumn Festival holiday and will resume trading today. Korea will continue to close today in conjunction with Chuseok holidays.
Plan A : Above 25260, do nothing
Plan B : Below 24983, do nothing
Plan C : Consider selling if market surges but fails to break above 25260
Plan D : Cut above 25436
Plan E : Attempt buying if market stubbornly holds above 24983 and triggers a buy again
Plan F : Cut below 24917
FKLI
Market continued to firm up despite weaker Ringgit. Market successfully defended above 1865 and surged higher in the afternoon. Market is expected to remain firm today despite a poorer performance from overnight Dow.
Plan A : Attempt buying around 1868-1869 level
Plan B : Cut below 1865
Plan C : Consider intraday sell if market fails to break above 1877.5
Plan D : Cut above 1880
FCPO
FCPO consolidated yesterday within the range of 2006 to 2046. Market might gap down during opening hour due to the weak overnight soybean oil and China market. Ringgit is 3.19 against the greenback which might aid in supporting the market uptrend.
Plan A : Overnight buyer hold on to position. Support is looking at 1991. Target is 2091 and 2248.
Plan B : Intraday investor might want to range trade within 1991 and 2033.
Plan C : Above 2040, do nothing.
Plan D : Below 1980, 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
Subscribe to:
Posts (Atom)