Hang Seng Futures
Dow finished steeply lower yesterday as Federal Reserve decided to reduce its monthly monetary stimulus which is now down to $65billion, regardless of the recent distress in emerging markets
Trader might want to be aware that local and Hang Seng market will be on half day market, therefore, intraday investor may want to stay out today.
Hang Seng market rebounded for correction yesterday and today will open lower again due to the losses from Dow.
Plan A : Above 22100, do nothing.
Plan B : Below 21700, do nothing.
Plan C : Buyer may might need to stay out of the market as market is still on its downtrend.
Plan D : If you are still holding a selling position, may consider to hold unless market break through 22000.
FKLI
Market is still running on a sell side and intraday investor might want to avoid trading today as market is running on a half day session.
Plan A : Above 1793, do nothing.
Plan B : Below 1760, do nothing.
Plan C : Overnight seller may stay put unless resistance 1790 is broken.
Plan D : Buyer may want to stay out of market 'till it forms a stable support after the holiday.
FCPO
Crude palm oil market corrected to its high of 2552 but could not sustain. Ringgit is still weakened at this point. Its competitive substituents are still bearish and experiencing losses for days dragging our market to come down.
Plan A : Above 2560, do nothing.
Plan B : Below 2510, do nothing.
Plan C : Overnight seller may want to hold back to your position unless 2560 is broken.
Plan D : Buyer consider to exit market if support 2519 is penetrated.
Have a Prosperous Year Ahead and hope you enjoy your Chinese New Year Celebration!!!
*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, January 29, 2014
Tuesday, January 28, 2014
29 January 2014
HSI Futures
U.S. stocks bounced back on Tuesday after Pfizer's upbeat results gave investors some relief from the pain of the Dow's five-day losing streak, and the market focus turned to the Federal Reserve's next move on stimulus.
Hong Kong shares stayed at five-month lows on Tuesday as turnover sagged with investors still jittery after a selloff and before key central bank meetings in the United States and Turkey.
Plan A : Below 21850, do nothing
Plan B : Above 22192, do nothing
Plan C : Consider buying if market holds firm above 22032
Plan D : Cut below 21881
Plan E : Consider selling if market rebounds but fails to breach above 22192
Plan F : Cut above 22192
FKLI
FKLI traded in a tight 8-points range yesterday but overall supported above 1775 level. Market could be due for a rebound after days of decline.
Plan A : Take a long around 1782-1784 level
Plan B : Cut below 1775
Plan C : Take profit around 1805 if market couldn't surge further
Plan D : Consider selling only if market can't breach above 1792
Plan E : Cut above 1794
FCPO
Crude palm oil continue to move downwards to the low of 2519 and stay around 2520's to 2530's towards closing. Market could have a stand to resume to its uptrend if 2525 is supported. Therefore, be open to take position either way.
Plan A : If market has a chance to bounce back to 2570's level and could not break 2582, seller could try to sell. Potential gain may come to 2486.
Plan B : Trader could attempt some buy taking 2519 as support. Place a stop in case of market flushing down south. Target profit looking around 2570 and 2608.
Plan C : Above 2580, do nothing.
Plan D : Below 2510, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
U.S. stocks bounced back on Tuesday after Pfizer's upbeat results gave investors some relief from the pain of the Dow's five-day losing streak, and the market focus turned to the Federal Reserve's next move on stimulus.
Hong Kong shares stayed at five-month lows on Tuesday as turnover sagged with investors still jittery after a selloff and before key central bank meetings in the United States and Turkey.
Plan A : Below 21850, do nothing
Plan B : Above 22192, do nothing
Plan C : Consider buying if market holds firm above 22032
Plan D : Cut below 21881
Plan E : Consider selling if market rebounds but fails to breach above 22192
Plan F : Cut above 22192
FKLI
FKLI traded in a tight 8-points range yesterday but overall supported above 1775 level. Market could be due for a rebound after days of decline.
Plan A : Take a long around 1782-1784 level
Plan B : Cut below 1775
Plan C : Take profit around 1805 if market couldn't surge further
Plan D : Consider selling only if market can't breach above 1792
Plan E : Cut above 1794
FCPO
Crude palm oil continue to move downwards to the low of 2519 and stay around 2520's to 2530's towards closing. Market could have a stand to resume to its uptrend if 2525 is supported. Therefore, be open to take position either way.
Plan A : If market has a chance to bounce back to 2570's level and could not break 2582, seller could try to sell. Potential gain may come to 2486.
Plan B : Trader could attempt some buy taking 2519 as support. Place a stop in case of market flushing down south. Target profit looking around 2570 and 2608.
Plan C : Above 2580, do nothing.
Plan D : Below 2510, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
Monday, January 27, 2014
28 January 2014
HSI Futures
U.S. stocks extended recent losses on Monday, with the S&P 500 falling for a third straight session as concern grew about the Federal Reserve's plans for withdrawing stimulus.
Hong Kong shares tumbled to five-month lows on Monday, as broad selloff in emerging markets escalated, taking a key benchmark further below a significant long-term technical level.
Plan A : Below 21850, do nothing
Plan B : Above 22192, do nothing
Plan C : Attempt selling if market rebounds close to 22192 but fails to breach through
Plan D : Cut above 22192
Plan E : Take profit around 21850 if it stubbornly holds above 21850
Plan F : Intraday buying can be considered if market holds firm above 21850 and trigger a buy on its 5 mins chart
Plan G : Cut below 21850
FKLI
Market was visibly weak yesterday but it still hold above 1771 for the close. Weak Ringgit could once again be the main concern again today as any rebound could be short-lived.
Plan A : Attempt selling around 1786-1789
Plan B : Cut above 1791
Plan C : Consider take profit around 1771-1775 if market stubbornly holds firm above it
Plan D : Intraday buying can be attempted only if market holds firm above 1771
Plan E : Cut below 1767
FCPO
Despite weakened ringgit, crude palm oil market gap down during the opening yesterday and continue to gradually move to the south. That eventually broken the uptrend channel and transforming the direction to a downtrend.
Plan A : If you are an overnight seller, may want to hold on to your position. Taking 2577 as your immediate resistance. Support looking at 2507 and 2486.
Plan B : Fresh player may try some sell if market rebounded near 2570.
Plan C : Buyer may want to avoid the market at this time.
Plan D : Overnight seller could further sell one more lot if 2547 is broken.
Plan E : Below 2520, do nothing.
Plan F : Above 2580, 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 extended recent losses on Monday, with the S&P 500 falling for a third straight session as concern grew about the Federal Reserve's plans for withdrawing stimulus.
Hong Kong shares tumbled to five-month lows on Monday, as broad selloff in emerging markets escalated, taking a key benchmark further below a significant long-term technical level.
Plan A : Below 21850, do nothing
Plan B : Above 22192, do nothing
Plan C : Attempt selling if market rebounds close to 22192 but fails to breach through
Plan D : Cut above 22192
Plan E : Take profit around 21850 if it stubbornly holds above 21850
Plan F : Intraday buying can be considered if market holds firm above 21850 and trigger a buy on its 5 mins chart
Plan G : Cut below 21850
FKLI
Market was visibly weak yesterday but it still hold above 1771 for the close. Weak Ringgit could once again be the main concern again today as any rebound could be short-lived.
Plan A : Attempt selling around 1786-1789
Plan B : Cut above 1791
Plan C : Consider take profit around 1771-1775 if market stubbornly holds firm above it
Plan D : Intraday buying can be attempted only if market holds firm above 1771
Plan E : Cut below 1767
FCPO
Despite weakened ringgit, crude palm oil market gap down during the opening yesterday and continue to gradually move to the south. That eventually broken the uptrend channel and transforming the direction to a downtrend.
Plan A : If you are an overnight seller, may want to hold on to your position. Taking 2577 as your immediate resistance. Support looking at 2507 and 2486.
Plan B : Fresh player may try some sell if market rebounded near 2570.
Plan C : Buyer may want to avoid the market at this time.
Plan D : Overnight seller could further sell one more lot if 2547 is broken.
Plan E : Below 2520, do nothing.
Plan F : Above 2580, 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, January 26, 2014
27 January 2014
HSI Futures
U.S. stocks dropped for a second day on Friday and the S&P 500 posted its worst week since June 2012 as a sell off in emerging market assets fed through to wholesale pullbacks in equities.
Hong Kong shares fell to their lowest close since Nov. 13 on Friday as worries about the Chinese growth lingered the day after a disappointing manufacturing survey came out.
Plan A : Above 22699, do nothing
Plan B : Below 22103, do nothing
Plan C : Consider selling if market opens high but fails to break above 22548
Plan D : Cut above 22548
Plan E : Consider buying if market opens gap down but holds firm above 22103 and trigger buying signal on its 5 mins chart
Plan F : Cut below 22103
FKLI
FKLI look certain for another sell down today after Friday Dow lost 318-points. Weak Ringgit will continue dampen any hope for recovery before CNY holiday
Plan A : Do not rush for any selling, do consider selling only if market trades between 1792-1797. Otherwise, just let the market go
Plan B : Cut above 1800 if selling done between 1792-1797
Plan C : Consider buying only if market holds firm above 1771
Plan D : Exit buying position at the end of the day
Plan E : Cut below 1768
FCPO
Market moved sideways last Friday and seems 2604 has become the resistance. Again, weak ringgit may cap the losses.
Plan A : Overnight buyer may stay put as there might be some turbulence of market moving up and down around 2570 to 2600 level. Unless, it went further down to 2560 and below, may exit the market and stay out.
Plan B : Fresh buyer may try to buy around 2570's to 2580 level, and taking 2560 as support. Place a stop in case market overshot the support price. Immediate target price is 2600's level. Next resistance is 2630.
Plan C : Seller may try to sell if market couldn't break the resistance of 2600's level. Place a stop if market penetrate through the resistance 2608.
Plan D : Above 2610, do nothing.
Plan E : Below 2560, 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 dropped for a second day on Friday and the S&P 500 posted its worst week since June 2012 as a sell off in emerging market assets fed through to wholesale pullbacks in equities.
Hong Kong shares fell to their lowest close since Nov. 13 on Friday as worries about the Chinese growth lingered the day after a disappointing manufacturing survey came out.
Plan A : Above 22699, do nothing
Plan B : Below 22103, do nothing
Plan C : Consider selling if market opens high but fails to break above 22548
Plan D : Cut above 22548
Plan E : Consider buying if market opens gap down but holds firm above 22103 and trigger buying signal on its 5 mins chart
Plan F : Cut below 22103
FKLI
FKLI look certain for another sell down today after Friday Dow lost 318-points. Weak Ringgit will continue dampen any hope for recovery before CNY holiday
Plan A : Do not rush for any selling, do consider selling only if market trades between 1792-1797. Otherwise, just let the market go
Plan B : Cut above 1800 if selling done between 1792-1797
Plan C : Consider buying only if market holds firm above 1771
Plan D : Exit buying position at the end of the day
Plan E : Cut below 1768
FCPO
Market moved sideways last Friday and seems 2604 has become the resistance. Again, weak ringgit may cap the losses.
Plan A : Overnight buyer may stay put as there might be some turbulence of market moving up and down around 2570 to 2600 level. Unless, it went further down to 2560 and below, may exit the market and stay out.
Plan B : Fresh buyer may try to buy around 2570's to 2580 level, and taking 2560 as support. Place a stop in case market overshot the support price. Immediate target price is 2600's level. Next resistance is 2630.
Plan C : Seller may try to sell if market couldn't break the resistance of 2600's level. Place a stop if market penetrate through the resistance 2608.
Plan D : Above 2610, do nothing.
Plan E : Below 2560, 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, January 23, 2014
24 January 2014
HSI Futures
U.S. stocks fell on Thursday, with the Dow Jones Industrial average recording its third consecutive day of losses, as risky assets sold off in wake of disappointing manufacturing data in China.
Chinese shares listed in Hong Kong posted their biggest loss in three weeks on Thursday, dented by a private preliminary survey that showed factory activity shrank in the world's second-largest economy in January.
Market finally broke out from the days of consolidation yesterday
Plan A : Attempt selling if market rebounds but fails to breach above 22926
Plan B : Cut above 22935
Plan C : Consider taking profit around 22558 if market refuses to go down further
Plan D : Reinstate when it gets closer to the resistant line
Plan E : Consider turning buy only if market rebounds from 22558 level, possibly buying around 22600
Plan F : Cut below 22549
FKLI
FKLI trying very hard to defend the 1800 level but likely to finally fail today after overnight Dow lost 175-points.
Plan A : Sell around 1807-1811 level
Plan B : Cut above 1816
Plan C : Consider taking profit around 1781 if it stubbornly holds firm above it
Plan D : Intraday buy can be attempted only if market holds firm above 1781
Plan E : Cut below 1777
FCPO
Market was supported at 2570 level and continue its up-channel to 2604 yesterday. Therefore, it might expect some positive outlook today.
Plan A : Overnight buyer could hold on to your position and taking 2577 as your support. Immediate target is 2608 and next resistance is looking at 2669.
Plan B : Intraday investor may consider to buy around 2590's level, taking 2585 as support. Target profit for intraday may reach 2630's level.
Plan C : It may not be the right time for seller to join the market.
Plan D : If you are tempted to reinstate your buy position for some long term buyer, you could buy around 2590's to 2600's level. Taking 2585 as your support. Target price is 2669.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
U.S. stocks fell on Thursday, with the Dow Jones Industrial average recording its third consecutive day of losses, as risky assets sold off in wake of disappointing manufacturing data in China.
Chinese shares listed in Hong Kong posted their biggest loss in three weeks on Thursday, dented by a private preliminary survey that showed factory activity shrank in the world's second-largest economy in January.
Market finally broke out from the days of consolidation yesterday
Plan A : Attempt selling if market rebounds but fails to breach above 22926
Plan B : Cut above 22935
Plan C : Consider taking profit around 22558 if market refuses to go down further
Plan D : Reinstate when it gets closer to the resistant line
Plan E : Consider turning buy only if market rebounds from 22558 level, possibly buying around 22600
Plan F : Cut below 22549
FKLI
FKLI trying very hard to defend the 1800 level but likely to finally fail today after overnight Dow lost 175-points.
Plan A : Sell around 1807-1811 level
Plan B : Cut above 1816
Plan C : Consider taking profit around 1781 if it stubbornly holds firm above it
Plan D : Intraday buy can be attempted only if market holds firm above 1781
Plan E : Cut below 1777
FCPO
Market was supported at 2570 level and continue its up-channel to 2604 yesterday. Therefore, it might expect some positive outlook today.
Plan A : Overnight buyer could hold on to your position and taking 2577 as your support. Immediate target is 2608 and next resistance is looking at 2669.
Plan B : Intraday investor may consider to buy around 2590's level, taking 2585 as support. Target profit for intraday may reach 2630's level.
Plan C : It may not be the right time for seller to join the market.
Plan D : If you are tempted to reinstate your buy position for some long term buyer, you could buy around 2590's to 2600's level. Taking 2585 as your support. Target price is 2669.
*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, January 22, 2014
23 January 2014
HSI Futures
The S&P 500 closed flat on Wednesday as a mixed bag of corporate earnings failed to give investors the confidence to push equities higher with the index near record levels.
China shares chalked up their biggest daily gain in two months on Wednesday, lifting Hong Kong markets as cash rates in the mainland eased further after the Chinese central bank pledged to ensure stability in the money markets.
Market continued to be in consolidation mode without clear trading signal.
Plan A : Above 23206, do nothing
Plan B : Below 22967, do nothing
Plan C : Consider buying only if market opens low but supported well above 22967
Plan D : Cut below 22935
Plan E : Take profit around 23206 if it fails to breach through
Plan F : Consider selling around 23140 if it fails to breach above 23206
Plan G : Cut above 23206
Plan H : Take profit around 23033 if it stays firm
FKLI
FKLI attempted another rebound yesterday but once again failed. Market could be trading in a consolidation stage with 1795 acting as a temporary support while resistance stood firm at 1818
Plan A : Try selling around 1811-1815 level
Plan B : Cut above 1818
Plan C : Consider take profit around 1795-1797 if it stays firm above these levels
Plan D : Consider buying only if market dives to 1781 but rebound strongly
Plan E : Cut below 1777
FCPO
Market slipped to the low of 2563 yesterday at second session and closed at 2575. Overall outlook is still on a buy however, there is a strong resistance at 2585 to 2597 level. Weak ringgit capped the losses in crude palm oil prices.
Plan A : Range trade. Intraday investor could try to buy around the support of 2556 and sell if market trade around 2590 and could not break 2600. Place stop in case of market overshooting the range.
Plan B : Above 2600, do nothing.
Plan C : Below 2540, do nothing.
Plan D : Overnight buyer may hold on to position. Support 2544. Target 2608.
Plan E : If you were looking to reinstate your buying position, may try around 2540's to 2550's level.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
The S&P 500 closed flat on Wednesday as a mixed bag of corporate earnings failed to give investors the confidence to push equities higher with the index near record levels.
China shares chalked up their biggest daily gain in two months on Wednesday, lifting Hong Kong markets as cash rates in the mainland eased further after the Chinese central bank pledged to ensure stability in the money markets.
Market continued to be in consolidation mode without clear trading signal.
Plan A : Above 23206, do nothing
Plan B : Below 22967, do nothing
Plan C : Consider buying only if market opens low but supported well above 22967
Plan D : Cut below 22935
Plan E : Take profit around 23206 if it fails to breach through
Plan F : Consider selling around 23140 if it fails to breach above 23206
Plan G : Cut above 23206
Plan H : Take profit around 23033 if it stays firm
FKLI
FKLI attempted another rebound yesterday but once again failed. Market could be trading in a consolidation stage with 1795 acting as a temporary support while resistance stood firm at 1818
Plan A : Try selling around 1811-1815 level
Plan B : Cut above 1818
Plan C : Consider take profit around 1795-1797 if it stays firm above these levels
Plan D : Consider buying only if market dives to 1781 but rebound strongly
Plan E : Cut below 1777
FCPO
Market slipped to the low of 2563 yesterday at second session and closed at 2575. Overall outlook is still on a buy however, there is a strong resistance at 2585 to 2597 level. Weak ringgit capped the losses in crude palm oil prices.
Plan A : Range trade. Intraday investor could try to buy around the support of 2556 and sell if market trade around 2590 and could not break 2600. Place stop in case of market overshooting the range.
Plan B : Above 2600, do nothing.
Plan C : Below 2540, do nothing.
Plan D : Overnight buyer may hold on to position. Support 2544. Target 2608.
Plan E : If you were looking to reinstate your buying position, may try around 2540's to 2550's level.
*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, January 21, 2014
22 January 2014
HSI Futures
U.S. stocks mostly rose on Tuesday, with the S&P 500 snapping a two-session decline as the materials sector rallied, though the Dow fell on disappointing earnings by three of its components.
Chinese shares listed in Hong Kong posted their biggest gain in two months on Tuesday, led by financials as cash rates eased in the mainland after the Chinese central bank offered emergency funds to ease the latest cash squeeze.
Market visibly moving in a consolidation mode once again
Plan A : Above 23204, do nothing
Plan B : Below 22965, do nothing
Plan C : Consider buying if market holds firm above 23031
Plan D : Cut below 22965
Plan E : Take profit around 23204 if it fails to breach through
Plan F : Consider selling around 23138 if it fails to breach above 23204
Plan G : Cut above 23204
Plan H : Take profit around 23031 if it stays firm
FKLI
FKLI tried staging a rebound yesterday but still failed to break above its immediate resistance level of 1818. Weak Ringgit will likely dampened any hope of mini pre-CNY rally
Plan A : Take a selling position around 1813-1816 level
Plan B : Cut above 1818
Plan C : Consider taking profit if market stays firm above 1795
Plan D : Buying can only be considered if market dives to 1781 level but holds firm
Plan E : Cut below 1777
FCPO
Ringgit is again defeated by US currency marking a rate of RM 3.33. Looking at this, market could continue with its uptrend and hitting our target price.
Plan A : Overnight buyer could hold on to the buy taking the support at 2540. Profit target might come today reaching 2608.
Plan B : Seller may want to stay away from the market today. Seller have to wait for the extreme level to sell. Levels that we are talking about are 2669 and 2700. Therefore, today might not be the day.
Plan C : Intraday player might try some buy if 2560 is supported. Taking 10 to 15 points risk and profit target is looking at 2608.
Plan D : Above 2590, do nothing,
Plan E : Below 2540, 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 mostly rose on Tuesday, with the S&P 500 snapping a two-session decline as the materials sector rallied, though the Dow fell on disappointing earnings by three of its components.
Chinese shares listed in Hong Kong posted their biggest gain in two months on Tuesday, led by financials as cash rates eased in the mainland after the Chinese central bank offered emergency funds to ease the latest cash squeeze.
Market visibly moving in a consolidation mode once again
Plan A : Above 23204, do nothing
Plan B : Below 22965, do nothing
Plan C : Consider buying if market holds firm above 23031
Plan D : Cut below 22965
Plan E : Take profit around 23204 if it fails to breach through
Plan F : Consider selling around 23138 if it fails to breach above 23204
Plan G : Cut above 23204
Plan H : Take profit around 23031 if it stays firm
FKLI
FKLI tried staging a rebound yesterday but still failed to break above its immediate resistance level of 1818. Weak Ringgit will likely dampened any hope of mini pre-CNY rally
Plan A : Take a selling position around 1813-1816 level
Plan B : Cut above 1818
Plan C : Consider taking profit if market stays firm above 1795
Plan D : Buying can only be considered if market dives to 1781 level but holds firm
Plan E : Cut below 1777
FCPO
Ringgit is again defeated by US currency marking a rate of RM 3.33. Looking at this, market could continue with its uptrend and hitting our target price.
Plan A : Overnight buyer could hold on to the buy taking the support at 2540. Profit target might come today reaching 2608.
Plan B : Seller may want to stay away from the market today. Seller have to wait for the extreme level to sell. Levels that we are talking about are 2669 and 2700. Therefore, today might not be the day.
Plan C : Intraday player might try some buy if 2560 is supported. Taking 10 to 15 points risk and profit target is looking at 2608.
Plan D : Above 2590, do nothing,
Plan E : Below 2540, 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, January 20, 2014
21 January 2014
HSI Futures
European stocks inched lower in thin trade on Monday, slipping from 5 1/2-year highs as Deutsche Bank's surprise quarterly loss prompted investors to cash in recent gains on banking stocks.
Hong Kong shares were knocked off a two-week high on Monday after data showed an easing in China's pace of economic expansion in the last quarter due to sagging investment growth.
Market could be back in consolidation stage once again after failing to stays firm yesterday.
Plan A : Above 23082, do nothing
Plan B : Below 22696, do nothing
Plan C : Consider buying if market supported well above 22810 and rebound to 22856 level
Plan D : Cut below 22790
Plan E : Consider selling if market rebounds but fails to breach above 22963
Plan F : Cut above 23029
FKLI
FKLI remains weak despite finding some minor support at 1795. Selling on rebound could still be a better bet for a time being
Plan A : Sell around 1811-1815 level
Plan B : Cut above 1818
Plan C : Consider taking profit if market holds firm above 1795
Plan D : Buying can only be attempted if market dives to 1781 level but holds firm
Plan E : Cut below 1777
FCPO
Market was trading on a tight range yesterday and breaking the second resistance at 2577 to the high of 2585. Still see an upside with weakened ringgit.
Plan A : Above 2570, do nothing.
Plan B : Below 2530, do nothing.
Plan C : Overnight buyer may want to exit position if market could not hold above 2577. Next profit target looking at 2608.
Plan D : Intraday player might have a chance to trade within the range. The consolidation is looking between 2550 to 2590.
Plan E : Fresh and overnight buyer could try some buying or further buying at 2540's to 2550. Taking 2530 as support. Recommend to hold overnight.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
European stocks inched lower in thin trade on Monday, slipping from 5 1/2-year highs as Deutsche Bank's surprise quarterly loss prompted investors to cash in recent gains on banking stocks.
Hong Kong shares were knocked off a two-week high on Monday after data showed an easing in China's pace of economic expansion in the last quarter due to sagging investment growth.
Market could be back in consolidation stage once again after failing to stays firm yesterday.
Plan A : Above 23082, do nothing
Plan B : Below 22696, do nothing
Plan C : Consider buying if market supported well above 22810 and rebound to 22856 level
Plan D : Cut below 22790
Plan E : Consider selling if market rebounds but fails to breach above 22963
Plan F : Cut above 23029
FKLI
FKLI remains weak despite finding some minor support at 1795. Selling on rebound could still be a better bet for a time being
Plan A : Sell around 1811-1815 level
Plan B : Cut above 1818
Plan C : Consider taking profit if market holds firm above 1795
Plan D : Buying can only be attempted if market dives to 1781 level but holds firm
Plan E : Cut below 1777
FCPO
Market was trading on a tight range yesterday and breaking the second resistance at 2577 to the high of 2585. Still see an upside with weakened ringgit.
Plan A : Above 2570, do nothing.
Plan B : Below 2530, do nothing.
Plan C : Overnight buyer may want to exit position if market could not hold above 2577. Next profit target looking at 2608.
Plan D : Intraday player might have a chance to trade within the range. The consolidation is looking between 2550 to 2590.
Plan E : Fresh and overnight buyer could try some buying or further buying at 2540's to 2550. Taking 2530 as support. Recommend to hold overnight.
*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, January 19, 2014
20 January 2014
HSI Futures
The S&P 500 and Nasdaq declined on Friday as results from Intel and General Electric were the latest to dampen the view on fourth-quarter earnings.
Hong Kong shares closed at their highest in more than two weeks on Friday, posting weekly gains that were largely buoyed by a strong showing in Asian insurer AIA Group and Chinese Internet giant Tencent Holdings.
Plan A : Above 23264, do nothing
Plan B : Below 22969, do nothing
Plan C : Consider buying if market holds firm above 23051
Plan D : Cut below 22969
Plan E : Take profit around 23395
Plan F : Selling can only be considered if market opens high but fails to breach above 23264
Plan G : Cut above 23264
FKLI
FKLI continue remained weak as Ringgit weakens once again. Market is expected to face persistent selling as buying interest fading.
Plan A : Attempt selling around 1811-1816 level
Plan B : Cut above 1817
Plan C : Consider taking profit around 1781 if it holds firm
Plan D : Any buying must be treated with care as any breakdown below 1781 might trigger a free fall for the market
FCPO
With weakened ringgit at 3.31, we might expect an up market today. Soybean oil market is off today as US is closed.
Plan A : Above 2560, do nothing.
Plan B : Below 2520, do nothing.
Plan C : May try some buy around 30's to 40's level, taking 2528 as support. Target looking at 2577 for intraday.
Plan D : If you are holding an overnight buying position, you may want to hold on to it. First target profit at 2547 has touched last week and following resistances looking at 2577 and 2608. Support looking at 2528.
Plan E : Seller might want to stay out today as market is on its rebound.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
The S&P 500 and Nasdaq declined on Friday as results from Intel and General Electric were the latest to dampen the view on fourth-quarter earnings.
Hong Kong shares closed at their highest in more than two weeks on Friday, posting weekly gains that were largely buoyed by a strong showing in Asian insurer AIA Group and Chinese Internet giant Tencent Holdings.
Plan A : Above 23264, do nothing
Plan B : Below 22969, do nothing
Plan C : Consider buying if market holds firm above 23051
Plan D : Cut below 22969
Plan E : Take profit around 23395
Plan F : Selling can only be considered if market opens high but fails to breach above 23264
Plan G : Cut above 23264
FKLI
FKLI continue remained weak as Ringgit weakens once again. Market is expected to face persistent selling as buying interest fading.
Plan A : Attempt selling around 1811-1816 level
Plan B : Cut above 1817
Plan C : Consider taking profit around 1781 if it holds firm
Plan D : Any buying must be treated with care as any breakdown below 1781 might trigger a free fall for the market
FCPO
With weakened ringgit at 3.31, we might expect an up market today. Soybean oil market is off today as US is closed.
Plan A : Above 2560, do nothing.
Plan B : Below 2520, do nothing.
Plan C : May try some buy around 30's to 40's level, taking 2528 as support. Target looking at 2577 for intraday.
Plan D : If you are holding an overnight buying position, you may want to hold on to it. First target profit at 2547 has touched last week and following resistances looking at 2577 and 2608. Support looking at 2528.
Plan E : Seller might want to stay out today as market is on its rebound.
*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, January 15, 2014
16 January 2014
HSI Futures
U.S. stocks rose on Wednesday, with the S&P 500 climbing to an all-time closing high after strong earnings from Bank of America and data signalled that the economy was improving.
Hong Kong shares rose on Wednesday as Chinese PC maket Lenovo Group surged to its highest close in nearly 14 years, extending strong gains after reports suggested it bucked a broader decline in PC shipment last quarter.
Plan A : Above 23048, do nothing
Plan B : Below 22748, do nothing
Plan C : Consider buying if market holds firmly above 22863
Plan D : Cut below 22805
Plan E : Consider selling only if market rebounds but fails to break above 23048
Plan F : Cut above 23048
Plan G : Take profit around 22863
FKLI
Foreign selling could be the culprit behind KLCI's selling yesterday. Blue chip counters were mostly lower throughout the day although last minute buying salvaged some losses.
Plan A : Attempt selling around 1829-1831 level
Plan B : Cut above 1837
Plan C : Buying can only be considered around the 1804 level if market dives and holds firmly above this level
Plan D : Cut below 1795
FCPO
Today is a new month for CPO contract, April month closed higher than March at 2537. Therefore, it is not surprised that market might gap up about ten points during opening.
Plan A : Above 2550, do nothing.
Plan B : Could buy around 2520's level to 2530, taking 2514 as support. Profit target for intraday are 2547 and 2577.
Plan C : If you have buying position overnight, you may wan to see if 2547 could be supported well. Resistance at 2577 and 2608.
Plan D : Avoid selling at this stage as market might rebound for correction.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
U.S. stocks rose on Wednesday, with the S&P 500 climbing to an all-time closing high after strong earnings from Bank of America and data signalled that the economy was improving.
Hong Kong shares rose on Wednesday as Chinese PC maket Lenovo Group surged to its highest close in nearly 14 years, extending strong gains after reports suggested it bucked a broader decline in PC shipment last quarter.
Plan A : Above 23048, do nothing
Plan B : Below 22748, do nothing
Plan C : Consider buying if market holds firmly above 22863
Plan D : Cut below 22805
Plan E : Consider selling only if market rebounds but fails to break above 23048
Plan F : Cut above 23048
Plan G : Take profit around 22863
FKLI
Foreign selling could be the culprit behind KLCI's selling yesterday. Blue chip counters were mostly lower throughout the day although last minute buying salvaged some losses.
Plan A : Attempt selling around 1829-1831 level
Plan B : Cut above 1837
Plan C : Buying can only be considered around the 1804 level if market dives and holds firmly above this level
Plan D : Cut below 1795
FCPO
Today is a new month for CPO contract, April month closed higher than March at 2537. Therefore, it is not surprised that market might gap up about ten points during opening.
Plan A : Above 2550, do nothing.
Plan B : Could buy around 2520's level to 2530, taking 2514 as support. Profit target for intraday are 2547 and 2577.
Plan C : If you have buying position overnight, you may wan to see if 2547 could be supported well. Resistance at 2577 and 2608.
Plan D : Avoid selling at this stage as market might rebound for correction.
*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, January 14, 2014
15 January 2014
HSI Futures
U.S. stocks rose on Tuesday, erasing much of the previous session's steep drop, as a strong December retail sales reading eased concerns that economic growth might be slowing.
Chinese shares listed in Hong Kong slipped on Tuesday , hurt by a 12 percent tumble for Great Wall Motor after it announced a delay in the launch of its new Haval H8 sports utility vehicle model due to technical glitches. Traders said Hong Kong markets pared losses after some investors unwound short Hang Seng Index and long Nikkei bets. The Nikkei fell 3.1 percent in its biggest daily loss in five months, and as Shanghai shares had their first gain in five days.
Plan A : Above 23037, do nothing
Plan B : Below 22682, do nothing
Plan C : Consider taking a long if market moves up gradually and triggers a buy above 22816
Plan D : Cut below 22760
Plan E : Consider selling only if market rebounds another time but fails to break above 22875
Plan F : Cut above 22947
FKLI
Some buying interest came in on Monday for Malaysian market but gains could be capped for this holiday shorten trading week. Few crucial resistances would have to be taken off if market were to rally from here.
Plan A : Buy around 1830-1833 region
Plan B : Cut below 1823
Plan C : Consider selling only if market fails to break above 1842
Plan D : Cut above 1845
FCPO
Soybean oil has went down to its low have not seen any sign of recovery for long. CPO market has been running on a down trend since early of the year. Market has already pinched down 183 points and yet awaiting for recovery.
Plan A : Wait for market to stabilize before reacting. Still looking at a buy taking 2486 as the support. Place stop of 10 to 15 points. Target profit looking at 2547.
Plan B : Seller may want to stay out at this time unless you are a overnight seller. Take profit if market stabilizes around 2500.
Plan C : Range bound player may try around 2480 to 2520. Place stop if market overshot.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
U.S. stocks rose on Tuesday, erasing much of the previous session's steep drop, as a strong December retail sales reading eased concerns that economic growth might be slowing.
Chinese shares listed in Hong Kong slipped on Tuesday , hurt by a 12 percent tumble for Great Wall Motor after it announced a delay in the launch of its new Haval H8 sports utility vehicle model due to technical glitches. Traders said Hong Kong markets pared losses after some investors unwound short Hang Seng Index and long Nikkei bets. The Nikkei fell 3.1 percent in its biggest daily loss in five months, and as Shanghai shares had their first gain in five days.
Plan A : Above 23037, do nothing
Plan B : Below 22682, do nothing
Plan C : Consider taking a long if market moves up gradually and triggers a buy above 22816
Plan D : Cut below 22760
Plan E : Consider selling only if market rebounds another time but fails to break above 22875
Plan F : Cut above 22947
FKLI
Some buying interest came in on Monday for Malaysian market but gains could be capped for this holiday shorten trading week. Few crucial resistances would have to be taken off if market were to rally from here.
Plan A : Buy around 1830-1833 region
Plan B : Cut below 1823
Plan C : Consider selling only if market fails to break above 1842
Plan D : Cut above 1845
FCPO
Soybean oil has went down to its low have not seen any sign of recovery for long. CPO market has been running on a down trend since early of the year. Market has already pinched down 183 points and yet awaiting for recovery.
Plan A : Wait for market to stabilize before reacting. Still looking at a buy taking 2486 as the support. Place stop of 10 to 15 points. Target profit looking at 2547.
Plan B : Seller may want to stay out at this time unless you are a overnight seller. Take profit if market stabilizes around 2500.
Plan C : Range bound player may try around 2480 to 2520. Place stop if market overshot.
*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, January 12, 2014
13 January 2014
HSI Futures
The S&P 500 and the Nasdaq ended modestly higher on Friday, led by gains defensive names after a weaker-than-expected payrolls report raised new questions about both the strength of the economy and the aggressiveness of Federal Reserve stimulus.
Hong Kong shares inched higher at the end of an anaemic week, as a rebound in local and China property developers offset weakness among Chinese brokerages after a media report said a company was pressured to delay its mainland listing plans.
Holding a buy
Plan A : 22800-23068, do nothing
Plan B : Below 22800, cut
Plan C : Above 23068, consider to take profit first if it does not goes up further
Plan D : Consider turning sell only if market fails to breach above 22994 and trigger a sell
Plan E : Cut above 22994
FKLI
FKLI went through another lacklustre performance last Friday with investors staying cautious ahead of more uncertainties. Market could recover slightly today but selling pressure will continue to stay for the time being
Plan A : Sell around the 1830-1832 level
Plan B : Cut above 1835
Plan C : Buying can only be considered if market test 1814 but holds firmly above
Plan D : Cut below 1812
FCPO
Market has gone through six days of down market and last week it even continue to flush following the announcement of weak export data recorded in SGS and ITS though MPOB result is kind of neutral.
Plan A : Selling may be a bit risky to do for long term player. Therefore, avoid selling.
Plan B : Buyer could try to buy, taking 2491 as the support if market stabilizes and does not hit new low. Adjust your risk to 10 to 20 points from the support price. Target looking at 2554.
Plan C : Range trading for intraday player may not be appropriate today.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
The S&P 500 and the Nasdaq ended modestly higher on Friday, led by gains defensive names after a weaker-than-expected payrolls report raised new questions about both the strength of the economy and the aggressiveness of Federal Reserve stimulus.
Hong Kong shares inched higher at the end of an anaemic week, as a rebound in local and China property developers offset weakness among Chinese brokerages after a media report said a company was pressured to delay its mainland listing plans.
Holding a buy
Plan A : 22800-23068, do nothing
Plan B : Below 22800, cut
Plan C : Above 23068, consider to take profit first if it does not goes up further
Plan D : Consider turning sell only if market fails to breach above 22994 and trigger a sell
Plan E : Cut above 22994
FKLI
FKLI went through another lacklustre performance last Friday with investors staying cautious ahead of more uncertainties. Market could recover slightly today but selling pressure will continue to stay for the time being
Plan A : Sell around the 1830-1832 level
Plan B : Cut above 1835
Plan C : Buying can only be considered if market test 1814 but holds firmly above
Plan D : Cut below 1812
FCPO
Market has gone through six days of down market and last week it even continue to flush following the announcement of weak export data recorded in SGS and ITS though MPOB result is kind of neutral.
Plan A : Selling may be a bit risky to do for long term player. Therefore, avoid selling.
Plan B : Buyer could try to buy, taking 2491 as the support if market stabilizes and does not hit new low. Adjust your risk to 10 to 20 points from the support price. Target looking at 2554.
Plan C : Range trading for intraday player may not be appropriate today.
*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, January 9, 2014
10 January 2014
HSI Futures
U.S. stocks ended little changed on Thursday in a choppy session ahead of Friday's payrolls report, which may provide insights to whether the Federal Reserve will announce another cut in quantitative easing at its meeting this month.
Offshore Chinese shares listed in Hong Kong closed at their lowest in more than four months on Thursday, with Great Wall Motor leading a slide in the automobile sector after the company announced a conservative 2014 sales target.
Holding a sell
Plan A : 22576-22932, do nothing
Plan B : Above 22932, cut
Plan C : Below 22576, consider taking profit first if it refuses to fall further
Plan D : Reinstate when it gets closer to the resistance line
Plan E : Buying can only be considered if market stubbornly hold above 22602
Plan F : Cut below 22590
FKLI
FKLI made some last minute recovery yesterday but still remain in a sell mode overall. Market is expected to trade in a tight range today with some slight downward bias.
Plan A : Attempt selling around the 1830-1832 level
Plan B : Cut above 1842
Plan C : Only consider buying if market holds firm above 1814
Plan D : Take profit intraday around 1827
Plan E : Cut below 1814
FCPO
Yesterday FCPO market was stabilized after a great panic of seller. The long downhill ride might be taking a breather at this moment, therefore, we might see some bright light today.
Plan A : If you have held on to a buying yesterday around 2530's to 2540's, you may continue with the position. Taking risk to 2530. Profit target looking at 2567 first level and 2592 at second level.
Plan B : Above 2560, do nothing
Plan C : Below 2520, do nothing
Plan D : Intraday player may try to buy if market open around 2540's level by adjusting your risk to 10 to 15 points, taking 2530 as support. Do place a stop below 2530. Target profit looking at 2567 and 2592.
Plan E : Market might also range today, therefore, intraday seller could attempt sell if 2592 come near and does not break. However, do place a stop at above 2602. Target looking at 2567.
*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 little changed on Thursday in a choppy session ahead of Friday's payrolls report, which may provide insights to whether the Federal Reserve will announce another cut in quantitative easing at its meeting this month.
Offshore Chinese shares listed in Hong Kong closed at their lowest in more than four months on Thursday, with Great Wall Motor leading a slide in the automobile sector after the company announced a conservative 2014 sales target.
Holding a sell
Plan A : 22576-22932, do nothing
Plan B : Above 22932, cut
Plan C : Below 22576, consider taking profit first if it refuses to fall further
Plan D : Reinstate when it gets closer to the resistance line
Plan E : Buying can only be considered if market stubbornly hold above 22602
Plan F : Cut below 22590
FKLI
FKLI made some last minute recovery yesterday but still remain in a sell mode overall. Market is expected to trade in a tight range today with some slight downward bias.
Plan A : Attempt selling around the 1830-1832 level
Plan B : Cut above 1842
Plan C : Only consider buying if market holds firm above 1814
Plan D : Take profit intraday around 1827
Plan E : Cut below 1814
FCPO
Yesterday FCPO market was stabilized after a great panic of seller. The long downhill ride might be taking a breather at this moment, therefore, we might see some bright light today.
Plan A : If you have held on to a buying yesterday around 2530's to 2540's, you may continue with the position. Taking risk to 2530. Profit target looking at 2567 first level and 2592 at second level.
Plan B : Above 2560, do nothing
Plan C : Below 2520, do nothing
Plan D : Intraday player may try to buy if market open around 2540's level by adjusting your risk to 10 to 15 points, taking 2530 as support. Do place a stop below 2530. Target profit looking at 2567 and 2592.
Plan E : Market might also range today, therefore, intraday seller could attempt sell if 2592 come near and does not break. However, do place a stop at above 2602. Target looking at 2567.
*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, January 8, 2014
9 January 2014
HSI Futures
The S&P 500 ended nearly flat on Wednesday as equity indexes had a muted reaction to the minutes from the U.S. Federal Reserve's most recent meeting, while Micron's strong results helped boost the Nasdaq.
Hong Kong shares posted their biggest daily gain in more than seven weeks on Wednesday, with Daphne International leading strong gains for China-focused shoe retailers.
Plan A : Above 23055, do nothing
Plan B : Below 22757, do nothing
Plan C : Attempt sell if market moves down gradually and triggers a sell, probably around the 22830 level
Plan D : Cut above 22918
Plan E : Consider buying only if market holds firm above 22791 after a lower opening and triggers a buy
Plan F : Cut below 22781
FKLI
Malaysian market attracted some buying after second and third liners moved up. However, last minute profit taking prompted FKLI to settle at 1832.5.
Plan A : Attempt buying if market holds firmly above 1826
Plan B : Cut below 1821
Plan C : Take profit around 1840-1842
Plan D : Consider to turn sell if market attempt but fails to break above 1842
Plan E : Cut above 1842
FCPO
CPO market continue to move downwards yesterday and stay at selling signal.
Plan A : Avoid selling at this time as market has moved down quite a bit.
Plan B : Could try some buy when market stabilizes. Looking at the support at 2530, could try buying at 2540 to 2545, taking 10 to 15 points risk. Profit target looking at 2576 and 2599. May hold overnight if market supported above 2560.
Plan C : Market might go through consolidation today. Therefore intraday player may want to try some buy at the range of 2540 to 2576. Place a stop if market overshoot 2530.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
The S&P 500 ended nearly flat on Wednesday as equity indexes had a muted reaction to the minutes from the U.S. Federal Reserve's most recent meeting, while Micron's strong results helped boost the Nasdaq.
Hong Kong shares posted their biggest daily gain in more than seven weeks on Wednesday, with Daphne International leading strong gains for China-focused shoe retailers.
Plan A : Above 23055, do nothing
Plan B : Below 22757, do nothing
Plan C : Attempt sell if market moves down gradually and triggers a sell, probably around the 22830 level
Plan D : Cut above 22918
Plan E : Consider buying only if market holds firm above 22791 after a lower opening and triggers a buy
Plan F : Cut below 22781
FKLI
Malaysian market attracted some buying after second and third liners moved up. However, last minute profit taking prompted FKLI to settle at 1832.5.
Plan A : Attempt buying if market holds firmly above 1826
Plan B : Cut below 1821
Plan C : Take profit around 1840-1842
Plan D : Consider to turn sell if market attempt but fails to break above 1842
Plan E : Cut above 1842
FCPO
CPO market continue to move downwards yesterday and stay at selling signal.
Plan A : Avoid selling at this time as market has moved down quite a bit.
Plan B : Could try some buy when market stabilizes. Looking at the support at 2530, could try buying at 2540 to 2545, taking 10 to 15 points risk. Profit target looking at 2576 and 2599. May hold overnight if market supported above 2560.
Plan C : Market might go through consolidation today. Therefore intraday player may want to try some buy at the range of 2540 to 2576. Place a stop if market overshoot 2530.
*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, January 7, 2014
8 January 2014
HSI Futures
U.S. stocks ended higher on Tuesday, snapping the S&P 500's three-day losing streak to give the benchmark index its first positive session of 2014.
Hong Kong's Hang Seng Index rose fractionally on Tuesday, helped by surge of nearly 10 percent for exporter Li & Fung, but weakness in the mainland banking sector meant the H-share index still hasn't had a gain in 2014.
Market seems like consolidating after falling almost 1000-points within three days previously.
Plan A : Below 22557, do nothing
Plan B : Above 22784, do nothing
Plan C : Consider taking a short if market attempt but fails to breach above 22754
Plan D : Cut above 22784
Plan E : Consider buying if market supported well above 22606
Plan F : Cut below 22557
FKLI
Malaysian market seen trying to attempt some rebound but gains could be limited as long as Ringgit remains weak.
Plan A : Attempt selling around 1838 level
Plan B : Cut above 1842
Plan C : Consider buying only if market comes closer to 1814 but supports well
Plan D : Cut below 1814
FCPO
CPO continued its down trend and it's expected to be the same today, moving in tandem with bean and dalian. Be patient and wait for the trade to come instead of rushing into the market.
Plan A : Consider selling only if market rebounds to 2571-2580 level.
Plan B : Cut above 2597
Plan C : Intraday buy can only be considered if market stays firm above 2525
Plan D : Cut below 2491
FCPO
CPO continued its down trend and it's expected to be the same today, moving in tandem with bean and dalian. Be patient and wait for the trade to come instead of rushing into the market.
Plan A : Consider selling only if market rebounds to 2571-2580 level.
Plan B : Cut above 2597
Plan C : Intraday buy can only be considered if market stays firm above 2525
Plan D : Cut below 2491
*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, January 6, 2014
7 January 2014
HSI Futures
U.S. stocks slipped on Monday after a mixed batch of economic reports, which showed a slowdown in growth in the U.S. services sector and a rebound in new orders for factory goods.
Offshore Chinese shares listed in Hong Kong posted a third-straight daily loss on Monday, led by financial counters after the State Council issued new curbs on shadow bank lending that has caused debt levels to spike since 2008.
Plan A : Above 22781, do nothing
Plan B : Below 22611, do nothing
Plan C : Consider a buy if market
stays firm above 22657 and triggers a buy
Plan D : Cut below 22611
Plan E : Consider a sell only if
market test 22952 level but fails to breach through and triggers a sell
Plan F : Take a 60-points risks
FKLI
Persistent selling in FKLI prevented market from making any concrete recovery yesterday. Follow though selling could comes in today if regional markets continue to perform badly.
Plan A : Sell around 1832
Plan B : Cut above 1838
Plan C : Consider buying around 1814 level if it dips and supports well
Plan D : Cut below 1811
FCPO
Market has broken out of its consolidation range and eventually forming a downward channel after the gap down during opening. Market might continue its downside today with a gap down as regional market has been weakened since opening.
Plan A : Avoid selling today as the price might be too low to sell.
Plan B : Wait for a buy signal if market stabilizes. Support looking at 2545. Wait for market to consolidate for an hour and if the market is supported. May try some buying then taking 10 to 15 points risk. Potential profit looking at 2607.
Plan C : May not be advisable for range trading today as market is on sell trend.
Market has broken out of its consolidation range and eventually forming a downward channel after the gap down during opening. Market might continue its downside today with a gap down as regional market has been weakened since opening.
Plan A : Avoid selling today as the price might be too low to sell.
Plan B : Wait for a buy signal if market stabilizes. Support looking at 2545. Wait for market to consolidate for an hour and if the market is supported. May try some buying then taking 10 to 15 points risk. Potential profit looking at 2607.
Plan C : May not be advisable for range trading today as market is on sell trend.
*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, January 5, 2014
6 January 2014
HSI Futures
U.S. stocks ended a volatile session mostly flat on Friday as investors digested comments from Federal Reserve officials that raised questions about how quickly the central bank will end its stimulus program.
Hong Kong shares had their biggest one-day loss in six months on Friday as weakness in global markets, sparked by risk aversion, added to negative sentiment as investors remained concerned about slower economic growth in China.
Plan A : Above 22932, do nothing
Plan B : Below 22692, do nothing
Plan C : Consider selling if market test 22932 but fails to breach through
Plan D : Cut above 23036
Plan E : Consider buying only if market supported well above 22692 and trigger a buy on its 5 min chart
Plan F : Take a 60-points risk
FKLI
Market took another weak trading day last Friday with investors got spooked by regional's market sell down. Market might make some minor recovery today but persistent selling can be expected as long as Ringgit remains weak.
Plan A : Take a sell 3-points higher from the opening
Plan B : Cut above 1852
Plan C : Consider buying only if market holds firm above 1826
Plan D : Cut below 1826
FCPO
FCPO market has been tricky lately by doing its sidewalk movement. Its competitive substituents seems to be showing some weaknesses. Therefore, it's quite likely that market could open down. At this moment, you should be of no position if you follow the plan from last week. We will continue to trade with side way with no long term view yet.
Plan A : Below 2610, do nothing.
Plan B : Above 2670, do nothing.
Plan C : If market still supported above 2614, intraday player may want to try some buy. You could buy at the price of 2620s level. Potential profit target looking at the 2660. Do place a stop if 2614 breaks. Taking 10 to 15 points risk will be sufficient.
Plan D : If market were to consolidate, sell if market trade around 2660 and could not break 2670. Profit target looking at 2614 for near term.
Plan E : Avoid entry around 2630s to 2650s level.
*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.
FCPO
FCPO market has been tricky lately by doing its sidewalk movement. Its competitive substituents seems to be showing some weaknesses. Therefore, it's quite likely that market could open down. At this moment, you should be of no position if you follow the plan from last week. We will continue to trade with side way with no long term view yet.
Plan A : Below 2610, do nothing.
Plan B : Above 2670, do nothing.
Plan C : If market still supported above 2614, intraday player may want to try some buy. You could buy at the price of 2620s level. Potential profit target looking at the 2660. Do place a stop if 2614 breaks. Taking 10 to 15 points risk will be sufficient.
Plan D : If market were to consolidate, sell if market trade around 2660 and could not break 2670. Profit target looking at 2614 for near term.
Plan E : Avoid entry around 2630s to 2650s level.
*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, January 2, 2014
3 January 2014
HSI Futures
U.S. stocks fell on their first day of trading in 2014 as investors booked profits in the wake of the S&P 500's best yearly advance since 1997, with many of last year's strongest performers down on the day.
Hong Kong shares eked out a slight gain on Thursday, in spite of falls by Chinese financial and energy firms after China's official and private manufacturing surveys both signalled lower growth in the world's second-largest economy.
Holding a sell
Plan A : 23121-23387, do nothing
Plan B : Above 23387, cut
Plan C : Below 23121, consider buying back first if market refuses to fall further
Plan D : Consider turning buy if market remains firm above 23252 and triggers a buy
Plan E : Cut below 23252
FKLI
Market was visibly weak, moving in tandem with regional markets yesterday after China PMI figures showed weakness in China's economy. Market is expected to face selling pressure once again today, in a follow-through selling trend after supports were broken yesterday.
Plan A : Attempt selling if market trades near 1856
Plan B : Above 1863, cut
Plan C : Below 1826, consider to take profit first if market holds
Plan D : Consider turning buy only if market rebounds from 1826 and holds firm
Plan E : Cut below 1826
FCPO
FCPO market may go through some turbulence today as regional is slightly down. However, it may not deviates too far from yesterday settlement price. This trend may be a slow ascent.
Plan A : If you are holding a buying position yesterday, place a stop at 2634 or below.
Plan B : Market above 2670, do nothing.
Plan C : Below 2610, do nothing.
Plan D : Could attempt selling when market is at its extreme end and does not break 2689 or 2692. However, do place a buy stop at 2700 if it does went up.
Plan E : Intraday player may wan to play around consolidation range of 2628 to 2670.
*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 their first day of trading in 2014 as investors booked profits in the wake of the S&P 500's best yearly advance since 1997, with many of last year's strongest performers down on the day.
Hong Kong shares eked out a slight gain on Thursday, in spite of falls by Chinese financial and energy firms after China's official and private manufacturing surveys both signalled lower growth in the world's second-largest economy.
Holding a sell
Plan A : 23121-23387, do nothing
Plan B : Above 23387, cut
Plan C : Below 23121, consider buying back first if market refuses to fall further
Plan D : Consider turning buy if market remains firm above 23252 and triggers a buy
Plan E : Cut below 23252
FKLI
Market was visibly weak, moving in tandem with regional markets yesterday after China PMI figures showed weakness in China's economy. Market is expected to face selling pressure once again today, in a follow-through selling trend after supports were broken yesterday.
Plan A : Attempt selling if market trades near 1856
Plan B : Above 1863, cut
Plan C : Below 1826, consider to take profit first if market holds
Plan D : Consider turning buy only if market rebounds from 1826 and holds firm
Plan E : Cut below 1826
FCPO
FCPO market may go through some turbulence today as regional is slightly down. However, it may not deviates too far from yesterday settlement price. This trend may be a slow ascent.
Plan A : If you are holding a buying position yesterday, place a stop at 2634 or below.
Plan B : Market above 2670, do nothing.
Plan C : Below 2610, do nothing.
Plan D : Could attempt selling when market is at its extreme end and does not break 2689 or 2692. However, do place a buy stop at 2700 if it does went up.
Plan E : Intraday player may wan to play around consolidation range of 2628 to 2670.
*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, January 1, 2014
2 January 2014
HSI Futures
U.S. stocks closed out their best year in more than 15 on Tuesday, with major indexes advancing throughout 2013 on the back of the Federal Reserve's massive stimulus and expectations for accelerating growth going forward.
Hong Kong shares ended the year higher during Tuesday's half-day session, with some "window dressing" buying from fund managers to improve the appearance of portfolios ahead of the year-end.
Plan A : Above 23427, do nothing
Plan B : Below 23204, do nothing
Plan C : Consider buying if market holds firm above 23204 and trigger a buy once again
Plan D : Cut below 23243
Plan E : Consider selling if market fails to breach above 23427 and trigger a sell
Plan F : Cut above 23345
U.S. stocks closed out their best year in more than 15 on Tuesday, with major indexes advancing throughout 2013 on the back of the Federal Reserve's massive stimulus and expectations for accelerating growth going forward.
Hong Kong shares ended the year higher during Tuesday's half-day session, with some "window dressing" buying from fund managers to improve the appearance of portfolios ahead of the year-end.
Plan A : Above 23427, do nothing
Plan B : Below 23204, do nothing
Plan C : Consider buying if market holds firm above 23204 and trigger a buy once again
Plan D : Cut below 23243
Plan E : Consider selling if market fails to breach above 23427 and trigger a sell
Plan F : Cut above 23345
FKLI
January month FKLI contract were pressured down towards the closing minutes on the last trading day of 2013. Market is seen to be firm despite some minor profit taking activities last Tuesday.
Plan A : Above 1883, do nothing
Plan B : Below 1862, do nothing
Plan C : Consider buying if market test 1862 and rebound
Plan D : Cut below 1857
Plan E : Consider selling if market fails to breach above 1883
Plan F : Cut above 1883
FCPO
March month FCPO contract has a smooth ride up after the gap down in the morning on last Tuesday. Market seems to be firm by triggering the buying signal at 2640 and confirming its up-trend by breaking the previous tip at 2653.
Plan A : Above 2670, do nothing.
Plan B : Below 2610, do nothing.
Plan C : Consider buying if the market stay supported at 2645 to 2650. Place a stop below 2630. Profit target looking at 2689 for short term player. Long term player could hold on to position.
Plan D : Consider to sell if market does not support at 2630. Place a stop above 2650. Profit target looking at 2607 for short term player.
Plan D : Consider to sell if market does not support at 2630. Place a stop above 2650. Profit target looking at 2607 for short term player.
Plan E : Range between 2630 to 2689, intraday player might looking at buy or sell taking both figures as support and resistance.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
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