Thursday, February 27, 2014

28 February 2014

HSI Futures

The S&P 500 closed at a record on Thursday and ended in positive territory for the year after Federal Reserve Chair Janet Yellen said harsh weather seems to be to behind recent U.S. economic softness.


Hong Kong shares posted their biggest gain in more than two weeks on Thursday, as investors bought Chinese utilities and energy stocks on hopes a coming annual parliamentary session will make reforms boosting them.


Plan A : Above 22852, do nothing

Plan B : Below 22449, do nothing
Plan C : Consider selling if market opens gap up but fails to break above 22852
Plan D : Cut above 22852
Plan E : Attempt buying around 22527 level if market opens low and holds firm
Plan F : Cut below 22449


FKLI


FKLI once again survived early scare and closed at almost day's high level. Market could potentially hold up for last trading day of February with March month became centre of focus instead. 


Plan A : Attempt buying around 1831-1834

Plan B : Cut below 1828
Plan C : Consider selling if market surge up to 1845 but fails to breach through
Plan D : Cut above 1848


FCPO


Market was experiencing selling pressure during second session trading yesterday. Today might be another of correction after an aggressive rally. With the weather condition now in Malaysia, correction might be a short term event.


Plan A : Overnight seller may hold back position. Resistance looking at 2802 and 2788. Target price looking at 2732 and 2670.

Plan B : Intraday trader may attempt some selling taking resistance at 2784. Profit target looking at 2732 and 2719.
Plan C : Buyer could consider to buy if 2732 is supported. Place stop in case of market overshot.
Plan D : Above 2790, do nothing.
Plan E : Below 2720, do nothing.


*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Wednesday, February 26, 2014

27 February 2014

HSI Futures

U.S. stocks finished flat on Wednesday with investors hesitant to make a big move on the day before comments from Federal Reserve Chair Janet Yellen, though retailers' shares rallied on results for a second day.

Hong Kong shares rebounded from their lowest in more than a week on Wednesday, thanks to gains by Chinese oil majors on state-owned enterprise reform hopes and by Macau casinos in anticipation February had record high gambling revenue.

March month contract
Plan A : Above 22490, do nothing
Plan B : Below 22145, do nothing
Plan C : Attempt selling if market opens higher but fails to break above 22490
Plan D : Cut above 22562
Plan E : Consider buying if market opens low but holds firm above 22145 and triggers a buy
Plan F : Cut below 22145



FKLI

FKLI went through some last minute amid weak cash market close. Selling pressure could continue today if cash market couldn't make recovery. Buyers will have to be cautious for further flush down if supports were breached. 

Plan A : Attempt selling around 1830-1832
Plan B : Cut above 1835
Plan C : Consider buying around 1811-1817 level if market opens low but holds firm
Plan D : Cut below 1808


FCPO

Market made a short breather and swiftly putting the bull back at trigger. Yesterday was the first day since 2013 that market has moved almost 100 points. With the drought condition in Malaysia right now, investors were very positive about the outlook of the CPO and pushed the price to new high of 2818. 

Plan A : Around 2852, buyer may want to take profit.
Plan B : Intraday investor might attempt selling around 2810's if 2825 is not broken. Profit target looking at 2785 and 2769.
Plan C : Above 2860, do nothing.
Plan D : Below 2760, do nothing.


*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Tuesday, February 25, 2014

26 February 2014

HSI Futures

U.S. stocks edged lower on Tuesday, easing back from record territory a day earlier as weak economic data offset gains in Home Depot and other retail shares.

Hong Kong shares reversed gains on Tuesday to end lower, tracking a sharp reversal in mainland markets, with investors still jittery over credit curbs on the property sector.

Plan A : Above 22585, do nothing
Plan B : Below 22202, do nothing
Plan C : Attempt selling if market opens higher but fails to break above 22585
Plan D : Cut above 22642
Plan E : Consider buying if market traded lower but holds firm above 22202 and triggers a buy
Plan F : Cut below 22202


FKLI

FKLI went through another day of range trading yesterday and it's expected to continue today. Firmer Ringgit helped holding the market up for now but supports could fade eventually if regional markets were to perform badly

Plan A : Attempt selling around the 1837 level if market opens little changed
Plan B : Cut above 1845
Plan C : Buying can be considered around 1829 level if market were to remain firm
Plan D : Cut below 1823


FCPO


FCPO touched its optimal height of 2755 yesterday and last minute closed low at 2734. Market is doing correction after a long bull ride. Export data from SGS and ITS does not really show significant figure marking themselves at up 3% and 1% respectively.

Plan A : Overnight seller continue to hold on to position. Resistance at 2749 and profit target looking at 2692.
Plan B : Intraday investor could try some selling at 2740's, taking resistance at 2749 and profit target at 2711.
Plan C : Buyer may want to avoid trading for the time being.
Plan D : Above 2750, do nothing.
Plan E : Below 2710, 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, February 24, 2014

25 February 2014

HSI Futures

U.S. stocks rose on Monday and the S&P 500 hit a record intraday high, helped by gains in health insurers' shares and optimism about merger activity.

China shares suffered their biggest loss in seven weeks on Monday, hurting Hong Kong markets, after mainland news reports stoked fears that banks have tightened loans to property developers. Monday's losses, which erased a recent rebound for Chinese property shares, were rooted in fears of new moves by authorities in their four-year campaign to rein in risks of a possible asset-bubble as home prices have surged.

Plan A : Below 22202, do nothing
Plan B : Above 22690, do nothing
Plan C : Consider selling if market opens gap up but fails to break above 22690
Plan D : Cut above 22751
Plan E : Consider buying only if market opens low but supports well above 22202 and triggers a buy signal
Plan F : Cut below 22202


FKLI

As expected market consolidated once again yesterday with buyers survived an early scare when market dived to 1825.5 but market closed firm eventually. 

Plan A : Attempt buying between the range of 1823-1828
Plan B : Cut below 1820
Plan C : Consider selling only if market opens gap up but fails to break above 1845
Plan D : Cut above 1848


FCPO

Market went to a high of 2777 and looks like it has tipped for the trend. There is a force of seller near closing and it might be some profit taking. In fact, I wouldn't discount for a correction to take place. Ringgit has slightly recovered against USD to 3.27 today.

Plan A : Overnight buyer might want to get out today. Support looking at 2739. Advisable not to hold on to position overnight.
Plan B : Long term seller might want to come into play by selling around 2750's. Taking 2767 as resistance. Profit target looking at 2677.
Plan C : Intraday investor might want to sell around 2750's, taking 2767 and 2710 as resistance and support.
Plan D : Above 2770, do nothing.
Plan E : Below 2710, 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, February 23, 2014

24 February 2014

HSI Futures

U.S. stocks slipped on Friday on options-related trading, with the S&P 500 facing resistance as it flirts with its record high even as economic data continues to underwhelm.

Hong Kong's Hang Seng Index rebounded on Friday, led by a 2.8 percent gain for Tencent Holdings and posting its second-straight weekly gain ahead of a slew of corporate earnings results next week.

Plan A : Above 22690, do nothing
Plan B : Below 22374, do nothing
Plan C : Consider selling if market once again opens high but fails to break above 22690
Plan D : Cut above 22751
Plan E : Consider buying if market opens low but supported well above 22374 and triggers a buy
Plan F : Cut below 22297


FKLI

FKLI surged temporary to a high of 1845 last Friday before retracing and hovered around 1830-1835 throughout the day. Market look likely to further consolidate within the range of 1822-1845 for the time being

Plan A : Attempt buying if market opens low but supports well above 1826
Plan B : Cut below 1820
Plan C : Selling can only be considered if market attempts to break above 1835-1836 but fail
Plan D : Cut above 1842


FCPO

Crude palm oil has rallied on a firm basis where it corrected itself every time the market is boosted. Weather has been in a dry condition that may affect the yield and output of the product in the coming data. Long term view is still an upside for crude palm oil. Do not discount for short term correction.

Plan A : Overnight buyer may hold on to position if 2739 is supported. Profit target is 2812.
Plan B : Long term seller may want to avoid the market unless market come near and could not break 2800.
Plan C : Intraday investor could try to buy if 2728 is supported and sell if 2758 could not break. 
Plan D : Above 2770, do nothing. 
Plan E : Below 2720, 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, February 20, 2014

21 February 2014

HSI Futures

U.S. stocks climbed on Thursday after a reading on manufacturing activity hit its highest in nearly four years, while news about Facebook and Tesla drove their shares to record highs.

Hong Kong shares posted their biggest loss in more than two weeks on Thursday, led by Chinese internet giant Tencent Holdings on fears of greater competition after Facebook announced its purchase of mobile messaging startup WhatsApp. Losses accelerated after the China flash Markit/HSBC Purchasing Managers' Index (PMI) came in at 48.3 in February, a seven-month low, from January's final reading of 49.5. The employment sub-index slid to its weakest in four years.

Holding a short

Plan A : 22138-22527, do nothing
Plan B : Above 22527, buy back
Plan C : Below 22138, consider taking profit first
Plan D : Consider buying only if market holds above 22138 firmly and triggers a buy on its 5 min chart
Plan E : Cut below 22138


FKLI

FKLI went through a round of selling yesterday but still managed to hold firm above 1820. Market could continue hold firm today after overnight Dow gained 92-points.

Plan A : Take a long between 1824-1826
Plan B : Take profit around 1833-1835 if could break above 1835
Plan C : Consider selling if market fails to break above 1846 and retrace
Plan D : Cut above 1848


FCPO

FCPO closed almost at day high level yesterday after some hiccups in the morning. Market look likely to continue its surge today as overnight bean came through unscathed.

Holding a long
Plan A : 2717-2796, do nothing
Plan B : Consider taking profit around 2796 if it fails to breach through
Plan C : Put a potential stop below 2717
Plan D : Intraday selling can be considered if market fails to break above 2796
Plan E : Consider taking profit around 2766
Plan F : Cut above 2801



*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, February 19, 2014

20 February 2014

HSI Futures

U.S. stocks slid on Wednesday in a late selloff after minutes of the U.S. Federal Reserve's latest policy-setting meeting indicated that the central bank will keep trimming its bond-buying stimulus unless there is a significant economic surprise.

Hong Kong shares inched up, reaching their highest close since Jan. 23, as investors awaited a key China manufacturing survey due out on Thursday. Results will be due at 9.45am local time.

Holding a short
Plan A : 22297-22784, do nothing
Plan B : Above 22784, cut
Plan C : Below 22297, consider taking profit first
Plan D : Consider buying only if market corrects but hold firm above 22297 and triggers a buy again
Plan E : Cut below 22297


FKLI

FKLI did a last minute surged, touching a high of 1834.5 before settling at 1833 yesterday. Resistance at 1835 is still intact. Market might consolidate a little unless market could break above 1835 convincingly.

Plan A : Eager sellers can attempt selling around 1830-1835 level
Plan B : Cut above 1837
Plan C : Buying can be attempted around 1821-1824
Plan D : Cut below 1817


FCPO


Market went to high of 2733 yesterday and closed at 2708. Some seller came in last minute to press down the market to the closing price. Today might see some correction from the market.

Plan A : Overnight seller may stay put today and the profit target looking at 2662. Resistance looking at 2717 and 2739. 
Plan B : Intraday investor could try some selling if market trade around 2700 level. Resistance looking at 2717 and 2707. Profit target looking at 2687 and 2675.
Plan C : Buyer may want to avoid the market for a bit.
Plan D : Above 2740, do nothing.
Plan E : Below 2660, do nothing.


*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment




Tuesday, February 18, 2014

19 February 2014


HSI Futures

The S&P 500 and Nasdaq rose on Tuesday, following Wall Street's biggest weekly gain of the year, as merger activity increased confidence that there is value in the stock market even as the benchmark index nears a record high.

Hong Kong shares edged up to another three-week high on Tuesday, as a 3 percent rise for Bank of East Asia after the local lender reported robust 2013 net profit helped offset weakness for Chinese cyclicals.

Plan A : Above 22654, do nothing
Plan B : Below 22297, do nothing
Plan C : Consider selling if market fails to break above 22654 and triggers a sell
Plan D : Cut above 22654
Plan E : Consider buying only after market corrects and hold firm above 22297
Plan F : Cut below 22297


FKLI

FKLI managed to hold firm yesterday but it look likely to be challenged once again today. It will be important for the market to trade firmly above 1821 if it were to convince buyers to stay with them.

Plan A : Attempt selling around 1829-1832
Plan B : Cut above 1835
Plan C : Consider buying only if market corrects and hold firmly above 1821
Plan D : Cut below 1811


FCPO

Market went on a rally yesterday to a new high of 2717. In fact, we should expect a gap up in the morning during opening hour.

Plan A : Overnight buyer might want to consider to take profit around 2740's level. Long term seller may start to develop position if 2755 is not broken.
Plan B : Intraday seller may consider to sell around 2740's level, taking resistance to 2755. Profit target looking at 2707.
Plan C : Fresh buyer is not advisable to enter market.
Plan D : Above 2755, do nothing.
Plan E : Below 2700, 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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Monday, February 17, 2014

18 February 2014

HSI Futures

U.S. markets were closed for President's Day holiday while European shares climbed to a three-week high in thin volumes on Monday, extending a strong two-week rally fuelled by record inflows from an increasing number of investors betting on the region's economic recovery.

Hong Kong shares closed at their highest in three weeks on Monday, thanks to robust Chinese bank lending data and a rally by mainland insurers after China Life Insurance reported strong January premium growth.

Plan A : Below 22297, do nothing
Plan B : Above 22654, do nothing
Plan C : Consider selling if market fails to breach above 22654 and triggers a sell
Plan D : Cut above 22654
Plan E : Wait for market to test 22297 before considering any buying. Attempt buying only if market supports well above 22297 and triggers a buy again
Plan F : Cut below 22297


FKLI

FKLI continued to hold firm but still failed to breach above 1835. Market could potentially test this resistance level once again today. Eager sellers can wait and see whether market could breach this level before deciding to sell or not.

Plan A : Attempt buying around 1821-1823
Plan B : Cut below 1818
Plan C : Consider selling if market surges but fails to break above 1835
Plan D : Cut above 1837


FCPO

Market recovered in the second session and continue to rally to 2684. Regional competitive substituents are also pointing upwards. High chances of market moving higher today.

Plan A : Intraday investor might want to try some buy around 2670's taking 2669 as support. Target profit looking at 2692 and 2706.
Plan B : Long term buyer may want to reinstate buying position around 2640's level if market retraced and supported at 2632.
Plan C : Seller may need to wait to sell at extreme points but it might be today. Try selling around 2740 if it comes.
Plan D : Above 2710, do nothing
Plan E : Below 2630, 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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Sunday, February 16, 2014

17 February 2014

HSI Futures

U.S. stocks closed higher on Friday, with major indexes notching a second straight week of gains as investors were once again willing to overlook some soft economic data stemming from bad weather.

Hong Kong shares finished their best week in five months on a positive note on Friday, led by the Macau casino, Chinese Internet and healthcare sectors as benchmark indexes recovered from an emerging market selloff late last month.

Holding a short
Plan A : 21927-22419, do nothing
Plan B : Above 22419, cut
Plan C : Below 21927, consider taking profits first
Plan D : Consider turning buy if market holds firm above 22112 and triggers a buy after a correction
Plan E : Cut below 22112


FKLI

FKLI staged a recovery. tracking ringgit appreciation last Friday. Market is expected to be firm today after surviving last Thursday's sell down. Look for opportunity to go long as market stabilises. 

Plan A : Long around 1814-1816 level
Plan B : Cut below 1809
Plan C : Consider taking profits around 1835
Plan D : Intraday selling can be attempted if market surged furiously but fails to breach 1835
Plan E : Cut above 1837



FCPO

Market has been running on a gradual ascent from the past two weeks. Last week was the first day of it showing a weakening signal. Buyer should have exited the market last week.

Plan A : Overnight seller could stay put today unless resistance 2692 and 2700 is broken. Target profit looking at 2632 and 2605.
Plan B : Buyer may want to stay out today until market being corrected. So no trade for buyer.
Plan C : Intraday investor may try to sell if 2669 is not broken. Profit target looking at 2632. 
Plan D : Above 2680, do nothing.
Plan E : Below 2630, 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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Thursday, February 13, 2014

14 February 2014

HSI Futures

U.S. stocks closed higher on Thursday, with the Nasdaq rising for a sixth straight day, as investors looked past disappointing data on consumer spending, chalking the weakness up to weather instead of weaker fundamentals.

Hong Kong shares slipped from three-week highs on Thursday, with changes in index components driving major price moves while investors took some profits after robust gains in the past week.

Holding a short
Plan A : 21856-22297, do nothing
Plan B : Below 21856, consider taking profits first
Plan C : Above 22297, cut
Plan D : Consider turning buy only if market stays firm above 22028 and triggers a buy
Plan E : Cut below 22012


FKLI

FKLI closed at almost day's low level yesterday after failing to stay firm above 1820. Support however, still stood firm at 1800 level. Expect some recovery today but at the same time be cautious if market fails to hold above 1800

Plan A : Take a long around 1805-1810.
Plan B : Cut below 1800
Plan C : Consider selling only if market fails to break above 1817
Plan D : Cut above 1822


FCPO

Market has been supported quite well yesterday at 2637 and do not be surprised to see 2700 today. Anyway, buyer is not advisable to hold on to position overnight as market is moving on its extreme end.

Plan A : Overnight buyer might want to consider to take profit if 2692 or 2700 comes today.
Plan B : Seller may want to standby today to sell around 2700. Place a stop of 15 to 20 points from your selling price.
Plan C : Intraday investor could try some buy at 2640's to 2650 if market does not move too far during opening. Immediate resistance is looking at 2669 and 2692. Do not hold this position overnight.
Plan D : Above 2669, do nothing.
Plan E : Below 2530, 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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Wednesday, February 12, 2014

13 February 2014

HSI Futures

The S&P 500 closed flat on Wednesday, with a four-day rally in the index just barely coming to an end after Procter & Gamble cut its outlook, though some positive earnings limited the decline and eased concerns that valuations had become stretched.

Hong Kong shares closed at their highest in nearly three weeks on Wednesday, thanks to strength in the Chinese property sector and robust trade data that soothed worries about growth in the world's second-largest economy.

Holding a long
Plan A : 22012-22471, do nothing
Plan B : Above 22471, consider taking profits first
Plan C : Reinstate when it gets closer to the support line
Plan D : Below 22012, liquidate position
Plan E : Consider selling only if market fails to breach above 22471 and retrace 80-points from the top
Plan F : Take a 80-points risk


FKLI

FKLI was seen holding well throughout yesterday's trading. Market could face slight profit taking activities today but will be supported overall as investors turning more positive after recent steady run up.

Plan A : Long between 1818-1820
Plan B : Cut below 1813
Plan C : Consider taking profit around 1835
Plan D : Intraday sell can only be attempted if market test but fails to breach above 1835
Plan E : Cut above 1837


FCPO

Market seems supported at 2592 yesterday and it might continue to rally today. Therefore, buyer remain seated.

Plan A : Overnight buyer hold on to position unless support 2592 is tested
Plan B : Seller may want to give way today and only sell at extreme ends ie 2700
Plan C : Intraday investor could attempt buying if market could find its footing at 2609. Profit targets are at 2669 and 2689.
Plan D : Above 2670, do nothing
Plan E : Below 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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Tuesday, February 11, 2014

12 February 2014

HSI Futures

Wall Street rose for a fourth straight session on Tuesday as Congress agreed to advance legislation extending U.S. borrowing authority and the Federal Reserve's new chief held off from making any changes to its schedule for trimming stimulus.

Hong Kong shares posted their best daily gain in nearly three months on Tuesday, as investors covered short positions in Chinese insurers and energy plays on optimism that Beijing will unveil more plans that could spur earnings growth in some sectors.

Holding a long
Plan A : 21729-22241, do nothing
Plan B : Above 22241, consider taking profits first
Plan C : Reinstate when it gets closer to the support line
Plan D : Below 21729, liquidate position
Plan E : Consider selling only if market attempt to break above 21986 but fails
Plan F : Cut above 22106


FKLI

FKLI hold steadily yesterday despite failing to break above 1823. Market however, could potentially breaching above 1823 and stays firmly above it.

Plan A : Buy around 1815-1820
Plan B : Consider taking profit around 1835
Plan C : Cut below 1811
Plan D : Consider selling only if market surge up too furious but fails to break above 1835
Plan E : Cut above 1835


FCPO


Crude palm oil breached the resistance and touched the ceiling at 2622 yesterday. Market is on its gradual uptrend channel and it only move minimal range of 20 to 30 points a day. 

Plan A : Overnight buyer hold on to position unless market went below 2585. Target profit looking at 2637 and 2669.
Plan B : Intraday investor might want to try selling in the morning session if 2622 does not break. Target profit 2592. Place stop around 2630.
Plan C : Buy at 2590's as long as 2592 and 2585 is holding well. Target profit 2637.
Plan D : Above 2640, do nothing.
Plan E : Below 2570, do nothing.

*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Monday, February 10, 2014

11 February 2014

HSI Futures

U.S. stocks ended with modest gains on Monday as investors digested recent market gains and looked ahead to new Federal Reserve Chair Janet Yellen's first testimony before lawmakers.

Hong Kong shares fell in sluggish trade on Monday, dragged down by large Chinese banking and property counters ahead of a fresh batch of economic data from the world's second-largest economy later in the week.

Holding a long
Plan A : 21429-21810, do nothing
Plan B : Below 21429, liquidate
Plan C : Above 21810, consider taking profits first
Plan D : Consider turning sell if market opens high but once again fails to breach above 21667
Plan E : Cut above 21757


FKLI

FKLI attempted another rebound yesterday but failed to breach above 1823 level and hence retraced and settled at 1815.5. Market however, could still find supports at 1805 and 1809 level

Plan A : Attempt buying around 1805-1809 level
Plan B : Cut below 1800
Plan C : Consider selling if market rebounds but once again fails to break above 1823
Plan D : Cut above 1825


FCPO
Market has broken through the resistance of 2604 and tip at the high of 2617. An upwards trend is initiated at this point with the compliment of the weakened ringgit. 


Plan A : Investor could hold on to your overnight buying position, taking 2585 as support. Immediate resistance looking at 2637, 2669 and 2692
Plan B : Seller may want to give way today unless market comes near 2692 and could not break 
Plan C : Fresh buyer could try to buy around 2590's provided market stabilizes at 2585 
Plan D : Above 2640, 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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

Sunday, February 9, 2014

10 February 2014

HSI Futures

U.S. stocks jumped on Friday, giving the S&P 500 its first weekly gain in four as the impact of a weak reading on the labour market was dulled by harsh weather conditions and traders focused on expectations of further economic strength.

The tepid Hong Kong market had its best day in a month on Friday, led by financial and energy plays as investors covered short positions in some counters hit hard in a recent sell off.

Holding a long
Plan A : 21409-21878, do nothing

Plan B : Above 21878, consider taking profits first
Plan C : Below 21409, cut
Plan D : Consider turning sell if market attempt to breach 21667 but fails
Plan E : Cut above 21667


FKLI

FKLI continued its recovery with firm footing last Friday. Market is expected to hold firm once again today after Friday's Dow gained 165-points

Plan A : Long around 1806-1807 level
Plan B : Cut below 1800
Plan C : Consider taking profit around 1822
Plan D : Selling can only be considered if market fails to breach above 1822
Plan E : Cut above 1825


FCPO


Crude palm oil has gradually moving upwards for the past two days. If market could stay firm above 2560, it stands a chance to move higher with the condition of penetrating 2604. Overall trend depicts an uptrend formation awaiting for confirmation. However, do not discount for market consolidation.

Plan A : Overnight buyer may want to exit position if resistance at 2604 could not break. However, if it breaks, investor may expect 2637 and 2692.
Plan B : Investor could sell if 2604 could not penetrate through. Market might go for another round of consolidation. Place a stop to avoid price overshooting the resistance.
Plan C : Fresh buyer could make your entrance at 2570's level provided 2560 is supported.
Plan D : Above 2620, 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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment


Thursday, February 6, 2014

7 February 2014

HSI Futures

U.S. stocks posted their best day of the year on Thursday after a drop in applications for unemployment insurance boosted confidence in the economy and Disney's results overshot expectations.

Strong gains for casino and energy stocks helped Hong Kong shares rise on Thursday from their lowest level in almost seven months as investors awaited the reopening of China markets after a long holiday.

Holding a long
Plan A : 21297-21616, do nothing
Plan B : Above 21616, consider taking profit if it falls back down after a higher opening
Plan C : Below 21297, cut
Plan D : Consider selling if market opens high and fails to breach above 21667
Plan E : Cut above 21667


FKLI

FKLI found its footing yesterday and stayed firm above 1789. Market is expected to open firm today once again after a strong gains from overnight Dow

Plan A : Continue hold on to buying position as long as market stays above 1788
Plan B : Fresh buying can be considered around 1788-1792
Plan C : Cut below 1784
Plan D : Consider taking profit around 1812 if market fails to breach through after a higher opening
Plan E : Intraday selling can only be attempted if market opens high and falls back after failing to breach above 1812
Plan F : Cut above 1812


FCPO

Crude palm oil market was running on upside yesterday breaking the resistance at 2567, tipping at 2575. With regional competitive substituent recovery today, market could gap up during opening to 2590's. Previous high at 2604 is the immediate resistance and also the break out point for the uptrend. If it does not breaks, market will go back to its consolidation range 2604 to 2540.

Plan A : Overnight buyer may want to watch out prices around 2604. If it does not break, consider to take profit. Support looking at 2560. Potential looking at 2637.
Plan B : Seller may also look out for 2604 as resistance. If market does not penetrate through, investor could sell around 2590's level. Place a stop at 2610.
Plan C : Above 2620, do nothing.
Plan D : Below 2560, do nothing.
Plan E : Fresh buyer may want to stay out at this point, as the support at 2560 is a bit far.




*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 wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

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