HSI Futures
Dow accelerated the selling pressure towards the closing bell and it ended down 117 points as the slammed of oil prices weighed. S&P 500 and NASDAQ are down 15 points and 42 points respectively.
Asian markets may open lower due to the poor performance from crude oil. Hang Seng continue to move with minimal volatility on Wednesday, it is likely for market to end flat for the year.
Plan A : Buy if market supported above 21795. Targets are 21987, 22060 and 22156.
Plan B : Sell if market rebounded and resisted around 21987 or 22060. Targets are 21704 and 21641.
Plan C : Above 22100, no fresh position.
Plan D : Below 21700, no fresh position.
FKLI
Market continue to rally on Wednesday, tipped at 1712.5 then it slowly retraced towards the second session. FKLI retreats further today due to the weak crude oil prices.
Plan A : Sell if market resisted at 1696 or 1700. Targets are 1682 and 1678.
Plan B : Buy intraday if market support above 1682. Targets are 1691 and 1696. Do not execute this plan if market does not seem consolidating.
Plan C : Above 1700, no fresh position.
Plan D : Below 1682, no fresh position.
FCPO
FCPO reached the top at 2504 but unsustainable and it dropped back to low of 2474. Dalian and overnight soybean oil stay at positive territories while Ringgit remains at RM4.29 against the US Dollar.
Plan A : Overnight buyer may exit if target is achieved. Support is 2479. Targets are 2537 and 2551.
Plan B : Sell if market opened high but resisted around 2504. Targets are 2479 and 2459.
Plan C : Wait for consolidation and buy only if market could support above 2479. Targets are 2504 and 2537.
Plan D : Above 2504, no fresh position.
Plan E : Below 2479, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 30, 2015
Tuesday, December 29, 2015
30 December 2015
HSI Futures
Dow closed strong with net change of 192 points but with low volume. While S&P 500 and Nasdaq are up 21 points and 66 points respectively.
Asian markets are set to open higher due to the high finishing from U.S. stocks. Hang Seng flattened on Tuesday with minimal fluctuation. Today it might gap-up in the morning as U.S. ended high.
Plan A : Sell if market gap-up and resisted at 22297. Targets are 21987 and 21795.
Plan B : Buy if market retraced and supported above 21987. Targets are 22186 and 22425.
Plan C : Above 22300, no fresh position.
Plan D : Below 22000, no fresh position.
FKLI
FKLI rallied after turning to a buy signal at 1640's level. Market competes for an upside for four consecutive days, therefore, it is quite risky for buyer to jump into the market at this stage.
Plan A : Sell if market resisted around 1706. Targets are 1688, 1684 and 1675.
Plan B : Buy intraday if market retraced and supported above 1684. Targets are 1699 and 1706.
Plan C : Above 1706, no fresh position.
Plan D : Below 1684, no fresh position.
FCPO
FCPO had good upside on Tuesday with strong turnaround from Dalian. Today Dalian and soybean oil continue to bull its way while Ringgit remains at RM4.29 against the U.S. Dollar.
Plan A : Overnight buyer hold on to position. Support is looking at 2474. Targets are 2537 and 2551.
Plan B : Sell if market gap-up and resisted at 2537. Targets are 2506 and 2490.
Plan C : Buy if market retraced and supported above 2484. Targets are 2537 and 2551.
Plan D : Above 2540, no fresh position.
Plan E : Below 2480, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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.
Dow closed strong with net change of 192 points but with low volume. While S&P 500 and Nasdaq are up 21 points and 66 points respectively.
Asian markets are set to open higher due to the high finishing from U.S. stocks. Hang Seng flattened on Tuesday with minimal fluctuation. Today it might gap-up in the morning as U.S. ended high.
Plan A : Sell if market gap-up and resisted at 22297. Targets are 21987 and 21795.
Plan B : Buy if market retraced and supported above 21987. Targets are 22186 and 22425.
Plan C : Above 22300, no fresh position.
Plan D : Below 22000, no fresh position.
FKLI
FKLI rallied after turning to a buy signal at 1640's level. Market competes for an upside for four consecutive days, therefore, it is quite risky for buyer to jump into the market at this stage.
Plan A : Sell if market resisted around 1706. Targets are 1688, 1684 and 1675.
Plan B : Buy intraday if market retraced and supported above 1684. Targets are 1699 and 1706.
Plan C : Above 1706, no fresh position.
Plan D : Below 1684, no fresh position.
FCPO
FCPO had good upside on Tuesday with strong turnaround from Dalian. Today Dalian and soybean oil continue to bull its way while Ringgit remains at RM4.29 against the U.S. Dollar.
Plan A : Overnight buyer hold on to position. Support is looking at 2474. Targets are 2537 and 2551.
Plan B : Sell if market gap-up and resisted at 2537. Targets are 2506 and 2490.
Plan C : Buy if market retraced and supported above 2484. Targets are 2537 and 2551.
Plan D : Above 2540, no fresh position.
Plan E : Below 2480, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 28, 2015
29 December 2015
HSI Futures
Wall Street fell on Monday, hurt by a steep drop in oil prices as well as a dip in Apple shares, pushing the S&P 500 back into negative territory for 2015.
Hong Kong stocks fell on Monday pulled lower by a slump in mainland shares on the first trading day after last week's Christmas holiday.
Plan A : Above 22100, do nothing
Plan B : Below 21795, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 21987
Plan D : Cut above 22100
Plan E : Consider buying if market holds above 21795 and triggers a buy
Plan F : Cut below 21830
FKLI
FKLI performed well despite some setbacks in the regional markets. Market look set to hold firm for the rest of the year with window dressing activities going on. Any pullback could be mild with buying support presents whenever market retraces.
Plan A : Attempt buying as long as market stays firm above 1670
Plan B : Cut below 1667
Plan C : Consider selling only if market surges but fails to break above 1689.5
Plan D : Cut above 1697
FCPO
Weak overnight bean and Dalian will likely cause a lower opening for FCPO today. Market risk facing selling pressure for a second consecutive days today after failing to hold firm yesterday. Sellers however, are to be reminded that market is still on a buy signal as long as market stays firm above 2420.
Plan A : Attempt intraday sell if market stays below 2455
Plan B : Cut above 2465
Plan C : Consider buying if market supports above 2420 and rebound
Plan D : Cut below 2411
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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.
Wall Street fell on Monday, hurt by a steep drop in oil prices as well as a dip in Apple shares, pushing the S&P 500 back into negative territory for 2015.
Hong Kong stocks fell on Monday pulled lower by a slump in mainland shares on the first trading day after last week's Christmas holiday.
Plan A : Above 22100, do nothing
Plan B : Below 21795, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 21987
Plan D : Cut above 22100
Plan E : Consider buying if market holds above 21795 and triggers a buy
Plan F : Cut below 21830
FKLI
FKLI performed well despite some setbacks in the regional markets. Market look set to hold firm for the rest of the year with window dressing activities going on. Any pullback could be mild with buying support presents whenever market retraces.
Plan A : Attempt buying as long as market stays firm above 1670
Plan B : Cut below 1667
Plan C : Consider selling only if market surges but fails to break above 1689.5
Plan D : Cut above 1697
FCPO
Weak overnight bean and Dalian will likely cause a lower opening for FCPO today. Market risk facing selling pressure for a second consecutive days today after failing to hold firm yesterday. Sellers however, are to be reminded that market is still on a buy signal as long as market stays firm above 2420.
Plan A : Attempt intraday sell if market stays below 2455
Plan B : Cut above 2465
Plan C : Consider buying if market supports above 2420 and rebound
Plan D : Cut below 2411
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 27, 2015
28 December 2015
HSI Futures
Wall Street finished a little lower on Thursday as a drop in energy stocks kept a lid on holiday cheer during a shortened Christmas Eve trading session.
China stocks rose slightly on Friday as trading volumes in Shanghai shrank to a two-week low in a reflection of the Christmas holiday across many of the major global centres.
Plan A : Above 22350, do nothing
Plan B : Below 22057, do nothing
Plan C : Attempt buying if market holds firm above 22130
Plan D : Cut below 22057
Plan E : Consider selling if market gaps up but fails to break above 22350
Plan F : Cut above 22350
FKLI
Market made a fierce rally before going into long Christmas holiday last week. There's a possibility that market might want to hold and close well for the rest of the year. Any retracement could present an opportunity to buy.
Plan A : Attempt buying as long as market stays firm above 1653
Plan B : Cut below 1650
Plan C : Selling to be considered only if market surges but fails to break above 1681
Plan D : Cut above 1687
FCPO
Bean and Dalian performed relatively well during our absence last week. However, both are showing some minor decline today. FCPO could open little changed today but undertone of the market is bullish. Any mild correction should present opportunity to go long. Chances of market surging beyond 2500-level this week is rather high. Fresh buyers are advised to look for a level to go long. Preferably 2457-2465 level.
Plan A : Attempt long if market were to slight correction, preferably 2457-2465 level
Plan B : Cut below 2440
Plan C : No selling to be attempted for the time being, unless market gaps up too much.
Plan D : Cut above 2517
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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.
Wall Street finished a little lower on Thursday as a drop in energy stocks kept a lid on holiday cheer during a shortened Christmas Eve trading session.
China stocks rose slightly on Friday as trading volumes in Shanghai shrank to a two-week low in a reflection of the Christmas holiday across many of the major global centres.
Plan A : Above 22350, do nothing
Plan B : Below 22057, do nothing
Plan C : Attempt buying if market holds firm above 22130
Plan D : Cut below 22057
Plan E : Consider selling if market gaps up but fails to break above 22350
Plan F : Cut above 22350
FKLI
Market made a fierce rally before going into long Christmas holiday last week. There's a possibility that market might want to hold and close well for the rest of the year. Any retracement could present an opportunity to buy.
Plan A : Attempt buying as long as market stays firm above 1653
Plan B : Cut below 1650
Plan C : Selling to be considered only if market surges but fails to break above 1681
Plan D : Cut above 1687
FCPO
Bean and Dalian performed relatively well during our absence last week. However, both are showing some minor decline today. FCPO could open little changed today but undertone of the market is bullish. Any mild correction should present opportunity to go long. Chances of market surging beyond 2500-level this week is rather high. Fresh buyers are advised to look for a level to go long. Preferably 2457-2465 level.
Plan A : Attempt long if market were to slight correction, preferably 2457-2465 level
Plan B : Cut below 2440
Plan C : No selling to be attempted for the time being, unless market gaps up too much.
Plan D : Cut above 2517
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 22, 2015
23 December 2015
HSI Futures
Wall Street rallied across the board on Tuesday after oil prices recovered slightly and data showed that the U.S. economy grew at a fairly healthy clip in the third quarter.
Hong Kong stocks were little changed on Tuesday as trading activities started to wind down for the Christmas holiday break. Markets in Japan are shut for Emperor's Birthday celebration today.
Plan A : Above 21980, do nothing
Plan B : Below 21535, do nothing
Plan C : Attempt buying if market holds firm above 21875
Plan D : Cut below 21705
Plan E : Consider intraday selling if market stays below 21760
Plan F : Cut above 21875
FKLI
Market successfully regain some pride yesterday after surging steadily from an intraday low of 1629 before settling at almost day's high level of 1642. Market should have a firmer opening today but trading will be minimal ahead of the long holiday. Investors will likely be selective in buying and hence the quiet market.
Plan A : Attempt buying as long as market stays firm above 1637
Plan B : Cut below 1630
Plan C : Consider intraday selling only if market surges too fast and fails to breach 1663
Plan D : Cut above 1667
FCPO
FCPO recorded year high at 2473 on Tuesday, supporting the market towards the up-channel movement. Dalian and soybean oil are leaning on negative net change while Ringgit hovers around RM4.28 to RM4.32 over the past few days against the greenback. After two consecutive days of drastic upside, market might go for a healthy correction. Therefore, buyer might want to accumulate position if market trade above support.
Plan A : Overnight buyer hold on to position. Support is looking at 2421. Targets are 2490 and 2553.
Plan B : Sell if market rebounded and resisted around 2473. Targets are 2438 and 2421.
Plan C : Buy if market retraced and stabilized above 2421. Targets are 2438, 2448 and 2457.
Plan D : Below 2420, no fresh position.
Plan E : Above 2473, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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.
Wall Street rallied across the board on Tuesday after oil prices recovered slightly and data showed that the U.S. economy grew at a fairly healthy clip in the third quarter.
Hong Kong stocks were little changed on Tuesday as trading activities started to wind down for the Christmas holiday break. Markets in Japan are shut for Emperor's Birthday celebration today.
Plan A : Above 21980, do nothing
Plan B : Below 21535, do nothing
Plan C : Attempt buying if market holds firm above 21875
Plan D : Cut below 21705
Plan E : Consider intraday selling if market stays below 21760
Plan F : Cut above 21875
FKLI
Market successfully regain some pride yesterday after surging steadily from an intraday low of 1629 before settling at almost day's high level of 1642. Market should have a firmer opening today but trading will be minimal ahead of the long holiday. Investors will likely be selective in buying and hence the quiet market.
Plan A : Attempt buying as long as market stays firm above 1637
Plan B : Cut below 1630
Plan C : Consider intraday selling only if market surges too fast and fails to breach 1663
Plan D : Cut above 1667
FCPO
FCPO recorded year high at 2473 on Tuesday, supporting the market towards the up-channel movement. Dalian and soybean oil are leaning on negative net change while Ringgit hovers around RM4.28 to RM4.32 over the past few days against the greenback. After two consecutive days of drastic upside, market might go for a healthy correction. Therefore, buyer might want to accumulate position if market trade above support.
Plan A : Overnight buyer hold on to position. Support is looking at 2421. Targets are 2490 and 2553.
Plan B : Sell if market rebounded and resisted around 2473. Targets are 2438 and 2421.
Plan C : Buy if market retraced and stabilized above 2421. Targets are 2438, 2448 and 2457.
Plan D : Below 2420, no fresh position.
Plan E : Above 2473, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 21, 2015
22 December 2015
HSI Futures
U.S. stocks ended stronger on Monday, helped by bounces in Apple and Microsoft as well as a rally in hospital stocks after more Americans signed up for subsidized health insurance.
Hong Kong stocks were firm on Monday, bolstered by Chinese companies, as strength in the Chinese equity market helped investors shrug off the gloom in U.S. and European stocks in the wake of last week's post-Fed rate hike rally.
Plan A : Above 21980, do nothing
Plan B : Below 21535, do nothing
Plan C : Attempt buying if market holds firm above 21875
Plan D : Cut below 21705
Plan E : Consider intraday selling if market stays below 21760
Plan F : Cut above 21875
FKLI
Market slumped 14-points yesterday in a day where investors felt worried despite a somewhat positive day in the regional markets. Market must not fell below 1621.5 if it were to avoid any panic selling activities. Successful hold above this level will likely see market rebound till the end of the year. Otherwise, the psychologically level of 1600 might be at threat.
Plan A : Consider buying if market supports well above 1621.5 and rebound
Plan B : Cut below 1620
Plan C : Attempt selling if market rebounds but fails to break above 1633
Plan D : Cut above 1637
FCPO
FCPO finally breakthrough the resistances, flying itself through the cloudy sky. Dalian and overnight soybean oil are staying at the positive territories while Ringgit strengthen to RM4.28 against the U.S. Dollar. Though market is on uptrend now, investor should avoid buying at high prices.
Plan A : Overnight buyer hold on to position. Support is looking at 2413. Targets are 2490 and 2553.
Plan B : Sell if market gap up above 2461 during opening. Targets are 2427 and 2438. Only apply for morning.
Plan C : Buy if market retraced and supported above 2427. Targets are 2461 and 2490.
Plan D : Below 2427, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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 stronger on Monday, helped by bounces in Apple and Microsoft as well as a rally in hospital stocks after more Americans signed up for subsidized health insurance.
Hong Kong stocks were firm on Monday, bolstered by Chinese companies, as strength in the Chinese equity market helped investors shrug off the gloom in U.S. and European stocks in the wake of last week's post-Fed rate hike rally.
Plan A : Above 21980, do nothing
Plan B : Below 21535, do nothing
Plan C : Attempt buying if market holds firm above 21875
Plan D : Cut below 21705
Plan E : Consider intraday selling if market stays below 21760
Plan F : Cut above 21875
FKLI
Market slumped 14-points yesterday in a day where investors felt worried despite a somewhat positive day in the regional markets. Market must not fell below 1621.5 if it were to avoid any panic selling activities. Successful hold above this level will likely see market rebound till the end of the year. Otherwise, the psychologically level of 1600 might be at threat.
Plan A : Consider buying if market supports well above 1621.5 and rebound
Plan B : Cut below 1620
Plan C : Attempt selling if market rebounds but fails to break above 1633
Plan D : Cut above 1637
FCPO
FCPO finally breakthrough the resistances, flying itself through the cloudy sky. Dalian and overnight soybean oil are staying at the positive territories while Ringgit strengthen to RM4.28 against the U.S. Dollar. Though market is on uptrend now, investor should avoid buying at high prices.
Plan A : Overnight buyer hold on to position. Support is looking at 2413. Targets are 2490 and 2553.
Plan B : Sell if market gap up above 2461 during opening. Targets are 2427 and 2438. Only apply for morning.
Plan C : Buy if market retraced and supported above 2427. Targets are 2461 and 2490.
Plan D : Below 2427, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 20, 2015
21 December 2015
HSI Futures
U.S. stocks closed lower on Friday for the second straight day, as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve's interest hike, weighed down the market.
Hong Kong stocks ended Friday slightly lower, as many sectors corrected after the previous session's relief rally following the long-expected U.S. interest rate hike.
Plan A : Above 22065, do nothing
Plan B : Below 21660, do nothing
Plan C : Attempt buying if market holds firm above 21875
Plan D : Cut below 21705
Plan E : Consider intraday selling if market gaps up but fails to break above 22065
Plan F : Cut above 22150
FKLI
Although market managed to close above 1641 level yesterday, it will be under threat again once again today after Friday's Dow lost 367-points. FKLI is expected lower today, possibly below immediate support level of 1637. Failure to regain footing above this level would see market heading towards 1630 and 1621.5 next.
Plan A : Attempt selling if market stays below 1637
Plan B : Cut above 1644
Plan C : Intraday buying to be considered only if market test 1621.5 and rebound
Plan D : Cut below 1617
FCPO
FCPO slowly supported upwards after touching the ground at 2370. Dalian and overnight soybean oil are trading at positive range while Ringgit stays at RM4.30 against the greenback. Market has not shown a concrete direction as yet but it has been stabilized above 2360's level and it might have a chance to breakthrough if today closing could stay above 2417. Failure to do so may risk the prices back to the consolidation range.
Plan A : Sell if market rebounded and resisted at 2417 or 2431. Targets are 2405 and 2393.
Plan B : Wait for market to consolidate. Buy if market supported above 2393. Targets are 2431 and 2461.
Plan C : Above 2430, no fresh position.
Plan D : Below 2390, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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 Friday for the second straight day, as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve's interest hike, weighed down the market.
Hong Kong stocks ended Friday slightly lower, as many sectors corrected after the previous session's relief rally following the long-expected U.S. interest rate hike.
Plan A : Above 22065, do nothing
Plan B : Below 21660, do nothing
Plan C : Attempt buying if market holds firm above 21875
Plan D : Cut below 21705
Plan E : Consider intraday selling if market gaps up but fails to break above 22065
Plan F : Cut above 22150
FKLI
Although market managed to close above 1641 level yesterday, it will be under threat again once again today after Friday's Dow lost 367-points. FKLI is expected lower today, possibly below immediate support level of 1637. Failure to regain footing above this level would see market heading towards 1630 and 1621.5 next.
Plan A : Attempt selling if market stays below 1637
Plan B : Cut above 1644
Plan C : Intraday buying to be considered only if market test 1621.5 and rebound
Plan D : Cut below 1617
FCPO
FCPO slowly supported upwards after touching the ground at 2370. Dalian and overnight soybean oil are trading at positive range while Ringgit stays at RM4.30 against the greenback. Market has not shown a concrete direction as yet but it has been stabilized above 2360's level and it might have a chance to breakthrough if today closing could stay above 2417. Failure to do so may risk the prices back to the consolidation range.
Plan A : Sell if market rebounded and resisted at 2417 or 2431. Targets are 2405 and 2393.
Plan B : Wait for market to consolidate. Buy if market supported above 2393. Targets are 2431 and 2461.
Plan C : Above 2430, no fresh position.
Plan D : Below 2390, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 17, 2015
18 December 2015
HSI Futures
U.S. stocks dropped Thursday on persistent concern over faltering global economic growth, led by declines in energy and materials shares, a day after shares had rallied on the Federal Reserve's decision to raise interest rates.
Hong Kong stocks were higher on Thursday, tracking global markets, as the U.S. rate hike ended months of speculation about the Federal Reserve's policy intentions.
Plan A : Above 22065, do nothing
Plan B : Below 21705, do nothing
Plan C : Attempt buying if market holds firm above 21875
Plan D : Cut below 21705
Plan E : Consider intraday selling if market gaps up but fails to break above 22065
Plan F : Cut above 22150
FKLI
Market rallied gaining 33-points for yesterday's close. Market was visibly bullish with buying support throughout yesterday's trading. However, a 253-points drop in overnight Dow will likely cause FKLI to open lower today. This minor correction could present opportunity for eager buyers to go long today. Support to be seen at 1644.
Plan A : Attempt buying when market stabilizes around 1644
Plan B : Cut below 1641
Plan C : Intraday selling to be considered only if market surges but fails to break above 1667
Plan D : Cut above 1672
FCPO
FCPO slipped down in the morning but trading was rather flat towards afternoon. Dalian and overnight soybean oil are weak while Ringgit stays at RM4.31 against the U.S.Dollar. Opening might be rather low as regional markets are not performing. It is quite likely for market to stay flat today.
Plan A : Sell if market rebounded and resisted at 2417. Targets are 2385, 2363 and 2350.
Plan B : Wait for market to consolidate. Buy if prices support above 2363. Targets are 2393, 2405 and 2417.
Plan C : Above 2420, no fresh position.
Plan D : Below 2380, no fresh position.
U.S. stocks dropped Thursday on persistent concern over faltering global economic growth, led by declines in energy and materials shares, a day after shares had rallied on the Federal Reserve's decision to raise interest rates.
Hong Kong stocks were higher on Thursday, tracking global markets, as the U.S. rate hike ended months of speculation about the Federal Reserve's policy intentions.
Plan A : Above 22065, do nothing
Plan B : Below 21705, do nothing
Plan C : Attempt buying if market holds firm above 21875
Plan D : Cut below 21705
Plan E : Consider intraday selling if market gaps up but fails to break above 22065
Plan F : Cut above 22150
FKLI
Market rallied gaining 33-points for yesterday's close. Market was visibly bullish with buying support throughout yesterday's trading. However, a 253-points drop in overnight Dow will likely cause FKLI to open lower today. This minor correction could present opportunity for eager buyers to go long today. Support to be seen at 1644.
Plan A : Attempt buying when market stabilizes around 1644
Plan B : Cut below 1641
Plan C : Intraday selling to be considered only if market surges but fails to break above 1667
Plan D : Cut above 1672
FCPO
FCPO slipped down in the morning but trading was rather flat towards afternoon. Dalian and overnight soybean oil are weak while Ringgit stays at RM4.31 against the U.S.Dollar. Opening might be rather low as regional markets are not performing. It is quite likely for market to stay flat today.
Plan A : Sell if market rebounded and resisted at 2417. Targets are 2385, 2363 and 2350.
Plan B : Wait for market to consolidate. Buy if prices support above 2363. Targets are 2393, 2405 and 2417.
Plan C : Above 2420, no fresh position.
Plan D : Below 2380, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 16, 2015
17 December 2015
HSI Futures
U.S. stocks rallied on Wednesday after the Federal Reserve announced it is raising its key policy rate for the first time in nearly a decade in a sign of confidence in the U.S. economy.
Hong Kong's main stock index posted its best daily performance in a month with a 2 percent gain on Wednesday, breaking a nine-session losing streak as energy shares surged.
Plan A : Above 21852, do nothing
Plan B : Below 21520, do nothing
Plan C : Consider selling if market gaps up but fails to break above 21852
Plan D : Cut above 21895
Plan E : Attempt buying if market holds firm above 21680
Plan F : Cut below 21547
FKLI
Market performed fairly well yesterday, holding above 1625 for most of the day. Market look set to rebound further today after a stronger performance from overnight Dow. A firm close above 1632 would likely confirm a mini year end rally in the making.
Plan A : Attempt buying if market stays firm above 1625
Plan B : Cut below 1618
Plan C : Consider intraday selling only if market fails to break above 1632
Plan D : Cut above 1636
FCPO
FCPO experienced switch month hassle where market could be a bit haywire until it started to settle. Dalian and soybean oil are weak while Ringgit stays at RM4.32. Market might open lower due to the weak regional markets. Overall market has not shown any sign of a trend yet, therefore, investor might want to observe and wait.
Plan A : Wait for market to settle. Buy if market could support above 2363. Targets are 2383, 2402 and 2442.
Plan B : Sell if market rebounded after opening and resist at 2402. Targets are 2376 and 2363.
Plan C : Above 2400, no fresh position.
Plan D : Below 2370, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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 rallied on Wednesday after the Federal Reserve announced it is raising its key policy rate for the first time in nearly a decade in a sign of confidence in the U.S. economy.
Hong Kong's main stock index posted its best daily performance in a month with a 2 percent gain on Wednesday, breaking a nine-session losing streak as energy shares surged.
Plan A : Above 21852, do nothing
Plan B : Below 21520, do nothing
Plan C : Consider selling if market gaps up but fails to break above 21852
Plan D : Cut above 21895
Plan E : Attempt buying if market holds firm above 21680
Plan F : Cut below 21547
FKLI
Market performed fairly well yesterday, holding above 1625 for most of the day. Market look set to rebound further today after a stronger performance from overnight Dow. A firm close above 1632 would likely confirm a mini year end rally in the making.
Plan A : Attempt buying if market stays firm above 1625
Plan B : Cut below 1618
Plan C : Consider intraday selling only if market fails to break above 1632
Plan D : Cut above 1636
FCPO
FCPO experienced switch month hassle where market could be a bit haywire until it started to settle. Dalian and soybean oil are weak while Ringgit stays at RM4.32. Market might open lower due to the weak regional markets. Overall market has not shown any sign of a trend yet, therefore, investor might want to observe and wait.
Plan A : Wait for market to settle. Buy if market could support above 2363. Targets are 2383, 2402 and 2442.
Plan B : Sell if market rebounded after opening and resist at 2402. Targets are 2376 and 2363.
Plan C : Above 2400, no fresh position.
Plan D : Below 2370, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 15, 2015
16 December 2015
HSI Futures
U.S. stocks rose broadly on Tuesday but ended far off their session highs ahead of Wednesday's interest rate decision from the Federal Reserve.
Hong Kong's benchmark stock index fell on Tuesday for the ninth session in a row, but the decline was limited by bets that investors would return to riskier assets if the U.S. Federal Reserve ends uncertainty over its monetary policies later this week.
Plan A : Above 21535, do nothing
Plan B : Below 21260, do nothing
Plan C : Attempt buying if market holds firm above 21430
Plan D : Cut below 21345
Plan E : Consider intraday selling if market gaps up but fails to break above 21535
Plan F : Cut above 21565
FKLI
Market attempting to form a bottom above 1606 level with market holding above 1610 yesterday. Market must stabilize above 1606 if it were to stand any chance of rebounding from here and start a mini year end rally. Fed decision might be the stumbling block for the time being but a clearer indicator from Fed tonight might helps to stabilize the market.
Plan A : Attempt buying if market stays firm above 1617
Plan B : Cut below 1610
Plan C : Consider selling if market rebounds but fails to break above 1626
Plan D : Cut above 1632
FCPO
Market went haywire with the switch month trading activity yesterday. Trading could be tricky today with buyers and sellers battling out to be the winner. It will be important for market to hold firm above 2397 today if it were to rebound from here. Failure to do so will likely see buyers getting out and possibly pressuring the market lower. Otherwise, there is a good chance of market rebound today.
Plan A : Attempt buying if market holds firm above 2397
Plan B : Cut below 2383
Plan C : Consider selling if market surges but fails to break above 2442
Plan D : Cut above 2448
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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 broadly on Tuesday but ended far off their session highs ahead of Wednesday's interest rate decision from the Federal Reserve.
Hong Kong's benchmark stock index fell on Tuesday for the ninth session in a row, but the decline was limited by bets that investors would return to riskier assets if the U.S. Federal Reserve ends uncertainty over its monetary policies later this week.
Plan A : Above 21535, do nothing
Plan B : Below 21260, do nothing
Plan C : Attempt buying if market holds firm above 21430
Plan D : Cut below 21345
Plan E : Consider intraday selling if market gaps up but fails to break above 21535
Plan F : Cut above 21565
FKLI
Market attempting to form a bottom above 1606 level with market holding above 1610 yesterday. Market must stabilize above 1606 if it were to stand any chance of rebounding from here and start a mini year end rally. Fed decision might be the stumbling block for the time being but a clearer indicator from Fed tonight might helps to stabilize the market.
Plan A : Attempt buying if market stays firm above 1617
Plan B : Cut below 1610
Plan C : Consider selling if market rebounds but fails to break above 1626
Plan D : Cut above 1632
FCPO
Market went haywire with the switch month trading activity yesterday. Trading could be tricky today with buyers and sellers battling out to be the winner. It will be important for market to hold firm above 2397 today if it were to rebound from here. Failure to do so will likely see buyers getting out and possibly pressuring the market lower. Otherwise, there is a good chance of market rebound today.
Plan A : Attempt buying if market holds firm above 2397
Plan B : Cut below 2383
Plan C : Consider selling if market surges but fails to break above 2442
Plan D : Cut above 2448
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 14, 2015
15 December 2015
HSI Futures
U.S. stocks recovered from early losses on Monday to close higher, helped by firmer oil prices, as investors awaited an expected Federal Reserve interest rate hike later in the week.
Hong Kong's benchmark stock index fell for the eighth straight session to a more than 2-month low on Monday, as investors braced for possibly higher U.S. interest rates later this week.
Plan A : Above 21440, do nothing
Plan B : Below 21100, do nothing
Plan C : Attempt buying if market holds resiliently above 21332
Plan D : Cut below 21199
Plan E : Consider intraday selling if market open gaps up but fails to break above 21440
Plan F : Cut above 21547
FKLI
Market failed in its attempt to rebound yesterday, tumbling in the last 30 mins of trading to settle at 1608. Market could rebound a little for morning's opening as overnight Dow gained 103-points. However, weak market sentiment could dampen any hopes of fierce rebound as investors are also bracing for possibly higher U.S. interest rates later this week.
Plan A : Attempt selling if market rebounds but fails to break above 1618.5
Plan B : Cut above 1623
Plan C : Consider intraday buying only if market holds firmly above 1610
Plan D : Cut below 1605
FCPO
FCPO gradually moved down on Monday. Dalian and soybean oil are slightly positive though overnight bean was down. Ringgit is at RM4.33 against the U.S. Dollar. Today is the last trading day and with the premium prices forward month, market might be confusing for the new month. Therefore, take note.
Plan A : Overnight buyer may exit the active month contract today. Support is 2396. Target is 2428.
Plan B : Sell active month if market resist at 2428. Targets are 2396 and 2380.
Plan C : Buy forward month with support 2454. Hold overnight if market closed above 2454. Targets are 2471 and 2531.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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 Monday to close higher, helped by firmer oil prices, as investors awaited an expected Federal Reserve interest rate hike later in the week.
Hong Kong's benchmark stock index fell for the eighth straight session to a more than 2-month low on Monday, as investors braced for possibly higher U.S. interest rates later this week.
Plan A : Above 21440, do nothing
Plan B : Below 21100, do nothing
Plan C : Attempt buying if market holds resiliently above 21332
Plan D : Cut below 21199
Plan E : Consider intraday selling if market open gaps up but fails to break above 21440
Plan F : Cut above 21547
FKLI
Market failed in its attempt to rebound yesterday, tumbling in the last 30 mins of trading to settle at 1608. Market could rebound a little for morning's opening as overnight Dow gained 103-points. However, weak market sentiment could dampen any hopes of fierce rebound as investors are also bracing for possibly higher U.S. interest rates later this week.
Plan A : Attempt selling if market rebounds but fails to break above 1618.5
Plan B : Cut above 1623
Plan C : Consider intraday buying only if market holds firmly above 1610
Plan D : Cut below 1605
FCPO
FCPO gradually moved down on Monday. Dalian and soybean oil are slightly positive though overnight bean was down. Ringgit is at RM4.33 against the U.S. Dollar. Today is the last trading day and with the premium prices forward month, market might be confusing for the new month. Therefore, take note.
Plan A : Overnight buyer may exit the active month contract today. Support is 2396. Target is 2428.
Plan B : Sell active month if market resist at 2428. Targets are 2396 and 2380.
Plan C : Buy forward month with support 2454. Hold overnight if market closed above 2454. Targets are 2471 and 2531.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 13, 2015
14 December 2015
HSI Futures
Dow slumped sharply since opening as oil hit new low while S&P 500 and Nasdaq also slipped 1% & 2% respectively.
Hang Seng continue with downtrend last Friday, after a long consolidation since October. With the bad performance from U.S. stocks, it is likely for Asian markets to open lower.
Plan A : Fresh seller may sell if market could rebound and resist at 21377. Targets are 20919 and 20777.
Plan B : Overnight seller hold on to position. Resistance is looking at 21709. Targets are 21047, 20919 and 20777.
Plan C : Buyer may wait for market to stabilize before entering. May try buy if market form a support during trading. Support may be around 20919 or 20777 depending on the market reaction. Targets are 21377 or 21660.
Plan D : Above 21600, no fresh position.
Plan E : Below 21200, no fresh position.
FKLI
FKLI gap-down in the morning due to the oil prices impact. Market was on sell trend since few days ago, with the dive in oil, market continue to move down.
Plan A : Buyer may stay out.
Plan B : Sell if market could rebound and resist at 1623.5. Targets are 1606.
Plan C : Above 1624, no fresh position.
Plan D : Below 1615, no fresh position.
FCPO
FCPO surged after supporting at 2382 on Friday. Market might be on its way up this round after the correction. Dalian and soybean oil are slightly mixed today while Ringgit further weaken to RM4.32 against the greenback.
Plan A : Overnight buyer may hold on to position if market support above 2396. Targets are 2449, 2471 and 2531.
Plan B : Buy if market support above 2413. Targets are 2434 and 2471.
Plan C : Seller can only sell if market resist around 2434 or 2449. Targets are 2415, 2406 and 2396
Plan D : Above 2440, no fresh position.
Plan E : Below 2410, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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.
Dow slumped sharply since opening as oil hit new low while S&P 500 and Nasdaq also slipped 1% & 2% respectively.
Hang Seng continue with downtrend last Friday, after a long consolidation since October. With the bad performance from U.S. stocks, it is likely for Asian markets to open lower.
Plan A : Fresh seller may sell if market could rebound and resist at 21377. Targets are 20919 and 20777.
Plan B : Overnight seller hold on to position. Resistance is looking at 21709. Targets are 21047, 20919 and 20777.
Plan C : Buyer may wait for market to stabilize before entering. May try buy if market form a support during trading. Support may be around 20919 or 20777 depending on the market reaction. Targets are 21377 or 21660.
Plan D : Above 21600, no fresh position.
Plan E : Below 21200, no fresh position.
FKLI
FKLI gap-down in the morning due to the oil prices impact. Market was on sell trend since few days ago, with the dive in oil, market continue to move down.
Plan A : Buyer may stay out.
Plan B : Sell if market could rebound and resist at 1623.5. Targets are 1606.
Plan C : Above 1624, no fresh position.
Plan D : Below 1615, no fresh position.
FCPO
FCPO surged after supporting at 2382 on Friday. Market might be on its way up this round after the correction. Dalian and soybean oil are slightly mixed today while Ringgit further weaken to RM4.32 against the greenback.
Plan A : Overnight buyer may hold on to position if market support above 2396. Targets are 2449, 2471 and 2531.
Plan B : Buy if market support above 2413. Targets are 2434 and 2471.
Plan C : Seller can only sell if market resist around 2434 or 2449. Targets are 2415, 2406 and 2396
Plan D : Above 2440, no fresh position.
Plan E : Below 2410, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 10, 2015
11 December 2015
HSI Futures
U.S. stock closed off high when the oil prices further decline. Dow ended up 82 points while S&P and NASDAQ were up 4 points and 22 points respectively.
Hang Seng struggled to move after showing some selling signal. Intraday trading could be pretty frustrated for investor as the range narrowed.
Plan A : Sell if market rebounded and resisted at 21879. Targets are 21630, 21377 and 21207.
Plan B : Buy if market stabilized and supported above 21660. Targets are 21879, 21976 and 22118.
Plan C : Above 21900, no fresh position.
Plan D : Below 21600, no fresh position.
FKLI
Market retreated on Thursday with selling pressure coming in throughout the day. Oil prices continue to slump and this may bring some negative impact to the market.
Plan A : Sell if market rebounded and failed to stay above 1649. Targets are 1632 and 1627.
Plan B : Buyer may stay out unless market started to flat out and stabilized above 1641. Targets are 1654 and 1658.
Plan C : Above 1650, no fresh position.
Plan D : Below 1640, no fresh position.
FCPO
FCPO opened lower on Thursday and dived down to low of 2350. Market then flattened supporting the prices to high of 2379 towards the closing bell. Overnight soybean oil was up US$0.65 while Dalian and soybean oil are slightly mixed. Ringgit stays at RM4.26 against the greenback.
Plan A : Sell if market gap up above 2400. Targets are 2386, 2379 and 2369. Only apply to morning opening.
Plan B : Buy after market settled and support above 2369. Targets are 2394 and 2408.
Plan C : Below 2370, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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. stock closed off high when the oil prices further decline. Dow ended up 82 points while S&P and NASDAQ were up 4 points and 22 points respectively.
Hang Seng struggled to move after showing some selling signal. Intraday trading could be pretty frustrated for investor as the range narrowed.
Plan A : Sell if market rebounded and resisted at 21879. Targets are 21630, 21377 and 21207.
Plan B : Buy if market stabilized and supported above 21660. Targets are 21879, 21976 and 22118.
Plan C : Above 21900, no fresh position.
Plan D : Below 21600, no fresh position.
FKLI
Market retreated on Thursday with selling pressure coming in throughout the day. Oil prices continue to slump and this may bring some negative impact to the market.
Plan A : Sell if market rebounded and failed to stay above 1649. Targets are 1632 and 1627.
Plan B : Buyer may stay out unless market started to flat out and stabilized above 1641. Targets are 1654 and 1658.
Plan C : Above 1650, no fresh position.
Plan D : Below 1640, no fresh position.
FCPO
FCPO opened lower on Thursday and dived down to low of 2350. Market then flattened supporting the prices to high of 2379 towards the closing bell. Overnight soybean oil was up US$0.65 while Dalian and soybean oil are slightly mixed. Ringgit stays at RM4.26 against the greenback.
Plan A : Sell if market gap up above 2400. Targets are 2386, 2379 and 2369. Only apply to morning opening.
Plan B : Buy after market settled and support above 2369. Targets are 2394 and 2408.
Plan C : Below 2370, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 9, 2015
10 December 2015
HSI Futures
U.S. stocks closed lower on Wednesday in a choppy session as oil resumed its decline, fueling investor worries about global economic growth and causing the S&P 500 index to track the move in the commodity.
Hong Kong shares weakened on Wednesday, weighed down by sluggish global markets and investor caution ahead of an expected U.S. rate hike next week.
Plan A : Above 21976, do nothing
Plan B : Below 21660, do nothing
Plan C : Attempt buying if market holds firm above 21790
Plan D : Cut below 21660
Plan E : Consider selling if market fails to break above 21976 and retrace
Plan F : Cut above 21976
FKLI
Market showed its bearishness after falling below 1655 level yesterday. Market is expected to remain under pressure today after overnight Dow declined once again. Investors are advised to wait for rebound to sell as global markets turned wary because of the U.S. rate hike decision next week.
Plan A : Attempt selling around 1658.5
Plan B : Cut above 1663
Plan C : Consider intraday buy only if market test 1649 once more and rebounds
Plan D : Cut below 1647
FCPO
FCPO opened slightly higher on Wednesday but failed to sustain. Market retreated after the morning high. Dalian and soybean oil are mixed while Ringgit stays at RM4.25 against the greenback.
Plan A : Buy if market supported above 2377. Targets are 2417, 2431 and 2489.
Plan B : Sell if market rebounded and resisted at 2406. Targets are 2377 and 2356.
Plan C : Above 2410, no fresh position.
Plan D : Below 2380, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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 Wednesday in a choppy session as oil resumed its decline, fueling investor worries about global economic growth and causing the S&P 500 index to track the move in the commodity.
Hong Kong shares weakened on Wednesday, weighed down by sluggish global markets and investor caution ahead of an expected U.S. rate hike next week.
Plan A : Above 21976, do nothing
Plan B : Below 21660, do nothing
Plan C : Attempt buying if market holds firm above 21790
Plan D : Cut below 21660
Plan E : Consider selling if market fails to break above 21976 and retrace
Plan F : Cut above 21976
FKLI
Market showed its bearishness after falling below 1655 level yesterday. Market is expected to remain under pressure today after overnight Dow declined once again. Investors are advised to wait for rebound to sell as global markets turned wary because of the U.S. rate hike decision next week.
Plan A : Attempt selling around 1658.5
Plan B : Cut above 1663
Plan C : Consider intraday buy only if market test 1649 once more and rebounds
Plan D : Cut below 1647
FCPO
FCPO opened slightly higher on Wednesday but failed to sustain. Market retreated after the morning high. Dalian and soybean oil are mixed while Ringgit stays at RM4.25 against the greenback.
Plan A : Buy if market supported above 2377. Targets are 2417, 2431 and 2489.
Plan B : Sell if market rebounded and resisted at 2406. Targets are 2377 and 2356.
Plan C : Above 2410, no fresh position.
Plan D : Below 2380, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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, December 8, 2015
9 December 2015
HSI Futures
U.S. stocks fell in a choppy session on Tuesday as lower oil prices pressured energy stocks for a fifth day and weak Chinese trade data reignited fears of a global slowdown.
Hong Kong stocks closed at a two-month low on Tuesday, tracking sluggish global markets, as slumping oil prices dented already fragile investor confidence ahead of a likely U.S. rate hike. China's CPI data will be released at 9.30 am this morning.
Plan A : Above 22118, do nothing
Plan B : Below 21660, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 21976
Plan D : Cut above 22070
Plan E : Consider intraday buy if market gaps down but rebounds from 21660
Plan F : Cut below 21660
FKLI
Market managed to survived from heavy selling with market rebounded after touching an intraday low of 1655.5. With UMNO assembly being the focus this week, market might just hover around here for the rest of the week. Any surge and hold beyond 1672 might start a rally but it will be important too for the market to hold resilient above 1655 to prevent itself from dropping further.
Plan A : Attempt buying if market holds firm above 1664
Plan B : Cut below 1658
Plan C : Consider intraday sell if market surges but fails to break above 1672
Plan D : Cut above 1674
FCPO
FCPO lost its ground on Tuesday, giving back the gain from Monday. Dalian and soybean oil are slightly weak while Ringgit remains at RM4.26 against the greenback.
Plan A : Overnight buyer hold on to position unless market breach support at 2391. Targets are 2489 and 2547.
Plan B : Buy if market support above 2399. Targets are 2431, 2453 and 2460.
Plan C : Sell if market rebounded and resisted at 2418. Targets are 2399, 2391 and 2385.
Plan D : Above 2420, no fresh position.
Plan E : Below 2400, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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 choppy session on Tuesday as lower oil prices pressured energy stocks for a fifth day and weak Chinese trade data reignited fears of a global slowdown.
Hong Kong stocks closed at a two-month low on Tuesday, tracking sluggish global markets, as slumping oil prices dented already fragile investor confidence ahead of a likely U.S. rate hike. China's CPI data will be released at 9.30 am this morning.
Plan A : Above 22118, do nothing
Plan B : Below 21660, do nothing
Plan C : Attempt selling if market rebounds but fails to break above 21976
Plan D : Cut above 22070
Plan E : Consider intraday buy if market gaps down but rebounds from 21660
Plan F : Cut below 21660
FKLI
Market managed to survived from heavy selling with market rebounded after touching an intraday low of 1655.5. With UMNO assembly being the focus this week, market might just hover around here for the rest of the week. Any surge and hold beyond 1672 might start a rally but it will be important too for the market to hold resilient above 1655 to prevent itself from dropping further.
Plan A : Attempt buying if market holds firm above 1664
Plan B : Cut below 1658
Plan C : Consider intraday sell if market surges but fails to break above 1672
Plan D : Cut above 1674
FCPO
FCPO lost its ground on Tuesday, giving back the gain from Monday. Dalian and soybean oil are slightly weak while Ringgit remains at RM4.26 against the greenback.
Plan A : Overnight buyer hold on to position unless market breach support at 2391. Targets are 2489 and 2547.
Plan B : Buy if market support above 2399. Targets are 2431, 2453 and 2460.
Plan C : Sell if market rebounded and resisted at 2418. Targets are 2399, 2391 and 2385.
Plan D : Above 2420, no fresh position.
Plan E : Below 2400, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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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