HSI Futures
U.S. stocks rose on Monday, with the S&P 500 ending both March and the first quarter of 2014 with moderate gains, after Federal Reserve Chair Janet Yellen relieved concerns about a rate hike coming earlier than expected.
Hong Kong shares finished up 0.4 percent on Monday as casino operators gained ahead of the release of monthly Macau gambling revenue data, while China Construction Bank climbed on forecast-beating results.
Holding a long
Plan A : 21999-22472, do nothing
Plan B : Below 21999, liquidate
Plan C : Above 22472, consider taking profits first if it couldn't hold firm
Plan D : Consider turning sell only if market fails to break above 22210 and triggers a sell
Plan E : Cut above 22267
FKLI
FKLI showed its positiveness with another new high level achieved yesterday. Firmer ringgit could help market gain momentum today especially if market could breach and stay firm above 1852
Plan A : Attempt buying between 1841-1844
Plan B : Cut below 1838
Plan C : Consider selling only if market comes close to 1870 and fails to breach through
Plan D : Cut above 1870
FCPO
FCPO broke through its support and it went to a low of 2626 yesterday. Market has gone down quite a bit but it is still not ready for buyer to anticipate. Therefore, buyer need to be patient.
Plan A : Overnight seller consider to take profit around 2599. Resistance looking at 2638.
Plan B : Intraday investor may attempt some buying if support at 2599 is not broken. Wait for market to stabilize and form a support before reacting. Target price looking at 2679. Place a stop.
Plan C : Fresh seller may want to stay out at this stage. Plan D : Above 2680, do nothing.
Plan E : Below 2590, 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, March 31, 2014
Sunday, March 30, 2014
31 March 2014
HSI Futures
U.S. stocks ended up on Friday but off their session highs as a late afternoon selloff in the biotechnology sector weighed on the overall market. The three major U.S. stock indexes had been significantly higher in most of the morning and early afternoon trade following comments from China's Premier Li Keqiang indicating that the country's government was ready to take steps to support its slowing economy.
Asian stocks rose this week, with HSI rebounding from two weekly losses to post its biggest advance in almost a year, as finance shares led gains. Tencent Holdings Ltd. dropped amid concern valuations for Internet stocks are too high.
Holding a long
Plan A : 21916-22267, do nothing
Plan B : Below 21916, exit position
Plan C : Above 22267, consider taking profits first
Plan D : Consider selling only if market fails to break above 22159 and triggers a sell
Plan E : Cut above 22267
FKLI
FKLI look set to hold firm for last trading day of Q1. A firm close above 1852 today will give April month contract a further boost and heads towards 1870 level next.
Plan A : Long between 1841-1844
Plan B : Cut below 1838
Plan C : Consider intraday selling only if market comes close to 1870 but fails to break through
Plan D : Cut above 1870
FCPO
FCPO has been hovering around 2640's to 2670's over last Friday. Market movement starts to narrow and might consolidate before moving towards a trend.
Plan A : Overnight seller might want to consider to get out if market stabilizes around 2660's and resistance at 2676 is broken.
Plan B : Intraday investor may want to try some buying around 2650's to 2660 if 2645 is supported. Place a stop.
Plan C : Fresh seller may want to avoid the market at this stage.
Plan D : Above 2700, do nothing.
Plan E : Below 2640, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks ended up on Friday but off their session highs as a late afternoon selloff in the biotechnology sector weighed on the overall market. The three major U.S. stock indexes had been significantly higher in most of the morning and early afternoon trade following comments from China's Premier Li Keqiang indicating that the country's government was ready to take steps to support its slowing economy.
Asian stocks rose this week, with HSI rebounding from two weekly losses to post its biggest advance in almost a year, as finance shares led gains. Tencent Holdings Ltd. dropped amid concern valuations for Internet stocks are too high.
Holding a long
Plan A : 21916-22267, do nothing
Plan B : Below 21916, exit position
Plan C : Above 22267, consider taking profits first
Plan D : Consider selling only if market fails to break above 22159 and triggers a sell
Plan E : Cut above 22267
FKLI
FKLI look set to hold firm for last trading day of Q1. A firm close above 1852 today will give April month contract a further boost and heads towards 1870 level next.
Plan A : Long between 1841-1844
Plan B : Cut below 1838
Plan C : Consider intraday selling only if market comes close to 1870 but fails to break through
Plan D : Cut above 1870
FCPO
FCPO has been hovering around 2640's to 2670's over last Friday. Market movement starts to narrow and might consolidate before moving towards a trend.
Plan A : Overnight seller might want to consider to get out if market stabilizes around 2660's and resistance at 2676 is broken.
Plan B : Intraday investor may want to try some buying around 2650's to 2660 if 2645 is supported. Place a stop.
Plan C : Fresh seller may want to avoid the market at this stage.
Plan D : Above 2700, do nothing.
Plan E : Below 2640, 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, March 27, 2014
28 March 2014
HSI Futures
U.S. stocks fell on Thursday, erasing most of the S&P 500's year-to-date gain, as banking and technology stocks led the sell-off.
Hong Kong shares fell on Thursday, dragged down by index tech heavyweight Tencent Holdings after U.S-listed peers declined, while CITIC Pacific Ltd. jumped after its parent company injected assets into the firm.
Holding a long
Plan A : 21779-22210, do nothing
Plan B : Below 21779, cut
Plan C : Above 22210, consider taking profits first
Plan D : Consider turning sell if market once again fails to break above 21999 and triggers a sell
Plan E : Cut above 22049
FKLI
FKLI closed at almost day's high level and look set for a firm close for the month. Retracement will be mild as market stays firm above 1841
Plan A : Long around 1841
Plan B : Cut below 1837 if it ever retrace
Plan C : Do not consider selling unless market comes close to 1870
Plan D : Cut above 1872
FCPO
Market was quite wild yesterday triggering the high of 2695 in split seconds then tumbling down with no mercy. Market is still on its way down.
Plan A : Overnight seller might want to consider to take profit around support of 2599. Otherwise, hold on to position. Resistance at 2671.
Plan B : Intraday investor could try selling at rebound. Resistance looking at 2671 and profit target looking at 2628.
Plan C : Buyer may need to wait for market to stabilize before reacting. No support has seen to form along the way. Wait and see at second session.
Plan D : Above 2690, 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 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, erasing most of the S&P 500's year-to-date gain, as banking and technology stocks led the sell-off.
Hong Kong shares fell on Thursday, dragged down by index tech heavyweight Tencent Holdings after U.S-listed peers declined, while CITIC Pacific Ltd. jumped after its parent company injected assets into the firm.
Holding a long
Plan A : 21779-22210, do nothing
Plan B : Below 21779, cut
Plan C : Above 22210, consider taking profits first
Plan D : Consider turning sell if market once again fails to break above 21999 and triggers a sell
Plan E : Cut above 22049
FKLI
FKLI closed at almost day's high level and look set for a firm close for the month. Retracement will be mild as market stays firm above 1841
Plan A : Long around 1841
Plan B : Cut below 1837 if it ever retrace
Plan C : Do not consider selling unless market comes close to 1870
Plan D : Cut above 1872
FCPO
Market was quite wild yesterday triggering the high of 2695 in split seconds then tumbling down with no mercy. Market is still on its way down.
Plan A : Overnight seller might want to consider to take profit around support of 2599. Otherwise, hold on to position. Resistance at 2671.
Plan B : Intraday investor could try selling at rebound. Resistance looking at 2671 and profit target looking at 2628.
Plan C : Buyer may need to wait for market to stabilize before reacting. No support has seen to form along the way. Wait and see at second session.
Plan D : Above 2690, 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 with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Wednesday, March 26, 2014
27 March 2014
HSI Futures
U.S. stocks fell on Wednesday, led by losses in the technology and materials sectors, as geopolitical concerns rose after the United States and the European Union agreed to work together on tougher sanctions on Russia.
Hong Kong shares closed at a two-week high on Wednesday, buoyed by financial counters and strong gains from dairy giant China Mengniu on its earnings results.
Plan A : Above 22005, do nothing
Plan B : Below 21611, do nothing
Plan C : Consider selling if market opens higher but fails to break above 21999 and triggers a sell
Plan D : Cut above 22049
Plan E : Buying can only be considered if market corrects and holds firm above 21611
Plan F : Cut below 21575
FKLI
Market touched an intraday high of 1846.5 but failed to hold firm. Market look likely to face profit taking activities once again but fall could be cushioned ahead of Q1 book closing.
Plan A : Attempt selling between 1838-1840
Plan B : Cut above 1847
Plan C : Consider buying only if market retrace and holds firm above 1829
Plan D : Cut below 1824
FCPO
Market could not sustain with the gap up and it eventually slipped down in the second session. FCPO price remains at the selling zone with a higher low. Market might go through consolidation at this stage unless it breaks into new low.
Plan A : Overnight seller hold on to position unless resistance at 2719 is broken. Target is 2628 and 2599.
Plan B : Intraday investor may trade within the range of 2719 and 2680.
Plan C : Long term buyer may need to wait unless market stabilizes at 2680's level. Place a stop.
Plan D : Below 2660, do nothing.
Plan E : Above 2730, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks fell on Wednesday, led by losses in the technology and materials sectors, as geopolitical concerns rose after the United States and the European Union agreed to work together on tougher sanctions on Russia.
Hong Kong shares closed at a two-week high on Wednesday, buoyed by financial counters and strong gains from dairy giant China Mengniu on its earnings results.
Plan A : Above 22005, do nothing
Plan B : Below 21611, do nothing
Plan C : Consider selling if market opens higher but fails to break above 21999 and triggers a sell
Plan D : Cut above 22049
Plan E : Buying can only be considered if market corrects and holds firm above 21611
Plan F : Cut below 21575
FKLI
Market touched an intraday high of 1846.5 but failed to hold firm. Market look likely to face profit taking activities once again but fall could be cushioned ahead of Q1 book closing.
Plan A : Attempt selling between 1838-1840
Plan B : Cut above 1847
Plan C : Consider buying only if market retrace and holds firm above 1829
Plan D : Cut below 1824
FCPO
Market could not sustain with the gap up and it eventually slipped down in the second session. FCPO price remains at the selling zone with a higher low. Market might go through consolidation at this stage unless it breaks into new low.
Plan A : Overnight seller hold on to position unless resistance at 2719 is broken. Target is 2628 and 2599.
Plan B : Intraday investor may trade within the range of 2719 and 2680.
Plan C : Long term buyer may need to wait unless market stabilizes at 2680's level. Place a stop.
Plan D : Below 2660, do nothing.
Plan E : Above 2730, 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, March 25, 2014
26 March 2014
HSI Futures
U.S. stocks ended higher on Tuesday, rebounding from a two-day decline as the hard-hit biotechnology sector regained its momentum and a strong read on consumer confidence increased optimism about the economy.
Hong Kong shares ended down on Tuesday, as investors locked in recent gains ahead of earnings results from Chinese banks later this week, with the index dragged down by heavyweight Tencent.
Holding a long
Plan A : 21575-21999, do nothing
Plan B : Below 21575, liquidate position first
Plan C : Above 21999, consider taking profits first if market retrace after a higher opening
Plan D : Consider selling if market once again fails to break above 21868 and triggers a sell
Plan E : Cut above 21868
FKLI
FKLI seen to be supported well and ready for a rally as long as it stays firm above 1834 today
Plan A : Attempt buying around 1831-1833
Plan B : Cut below 1827
Plan C : Intraday selling can only be considered if market surge towards 1845 but fails to breach through
Plan D : Cut above 1847
FCPO
Market rebounded to the high of 2720 and closed at 2711. Yesterday FCPO was more of a range trade. Today market might gap up in the morning due to the strong upside from the competitive substituent markets.
Plan A : Overnight seller might want to give way today if 2736 is broken.
Plan B : Long term and intraday investor could try some buying if market form a support at 2719. Target price looking at 2760 and 2799.
Plan C : Trader could also sell if market gap up around 2740's level during opening. Target profit looking at 2710's level.
Plan D : Above 2760, 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 with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks ended higher on Tuesday, rebounding from a two-day decline as the hard-hit biotechnology sector regained its momentum and a strong read on consumer confidence increased optimism about the economy.
Hong Kong shares ended down on Tuesday, as investors locked in recent gains ahead of earnings results from Chinese banks later this week, with the index dragged down by heavyweight Tencent.
Holding a long
Plan A : 21575-21999, do nothing
Plan B : Below 21575, liquidate position first
Plan C : Above 21999, consider taking profits first if market retrace after a higher opening
Plan D : Consider selling if market once again fails to break above 21868 and triggers a sell
Plan E : Cut above 21868
FKLI
FKLI seen to be supported well and ready for a rally as long as it stays firm above 1834 today
Plan A : Attempt buying around 1831-1833
Plan B : Cut below 1827
Plan C : Intraday selling can only be considered if market surge towards 1845 but fails to breach through
Plan D : Cut above 1847
FCPO
Market rebounded to the high of 2720 and closed at 2711. Yesterday FCPO was more of a range trade. Today market might gap up in the morning due to the strong upside from the competitive substituent markets.
Plan A : Overnight seller might want to give way today if 2736 is broken.
Plan B : Long term and intraday investor could try some buying if market form a support at 2719. Target price looking at 2760 and 2799.
Plan C : Trader could also sell if market gap up around 2740's level during opening. Target profit looking at 2710's level.
Plan D : Above 2760, 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 with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Monday, March 24, 2014
25 March 2014
HSI Futures
U.S. stocks fell on Monday, with some of the market's recent best performers like technology and biotech shares leading the way down. Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favourites.
Shares in Hong Kong and China shares rose on Monday as a weak factory survey heightened expectations that Beijing will have to unveil stimulus measures soon to avert a sharper downturn in the world's second-largest economy. China's factory activity contacted for the third month in a row in March, falling to an eight-month low of 48.1 from February's final reading of 48.5.
Holding a long
Plan A : 21525-21999, do nothing
Plan B : Above 21999, consider taking profits first if it retraces after a higher opening
Plan C : Below 21525, liquidate
Plan D : Consider turning sell if market fails to hold firm above 21999
Plan E : Cut above 22049
FKLI
FKLI rallied despite weak ringgit versus U.S. dollar yesterday. Market might face some minor profit taking activities today but market will be supported overall.
Plan A : Consider buying around 1827-1830
Plan B : Cut below 1823
Plan C : Intraday selling can be attempted only if market test 1845 but fails to break through
Plan D : Cut above 1848
FCPO
Market rebounded to the high of 2756 and it began to slip in the mid of the second session yesterday. Support levels had been broken. Looks like crude palm oil prices might continue to undergo correct after a tremendous jump over the month.
Plan A : Overnight seller hold on to position. Resistance looking at 2736 and profit target looking at 2653 and 2599.
Plan B : Intraday investor might sell around 2710's to 2700 taking 2719 as resistance. Profit target looking at 2653.
Plan C : Buyer might try some buying intraday if market gap down to 2660's during opening. Place a stop at 2650 in case if market overshot. Profit target looking at 2700.
Plan D : Above 2740, do nothing.
Plan E : Below 2640, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks fell on Monday, with some of the market's recent best performers like technology and biotech shares leading the way down. Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favourites.
Shares in Hong Kong and China shares rose on Monday as a weak factory survey heightened expectations that Beijing will have to unveil stimulus measures soon to avert a sharper downturn in the world's second-largest economy. China's factory activity contacted for the third month in a row in March, falling to an eight-month low of 48.1 from February's final reading of 48.5.
Holding a long
Plan A : 21525-21999, do nothing
Plan B : Above 21999, consider taking profits first if it retraces after a higher opening
Plan C : Below 21525, liquidate
Plan D : Consider turning sell if market fails to hold firm above 21999
Plan E : Cut above 22049
FKLI
FKLI rallied despite weak ringgit versus U.S. dollar yesterday. Market might face some minor profit taking activities today but market will be supported overall.
Plan A : Consider buying around 1827-1830
Plan B : Cut below 1823
Plan C : Intraday selling can be attempted only if market test 1845 but fails to break through
Plan D : Cut above 1848
FCPO
Market rebounded to the high of 2756 and it began to slip in the mid of the second session yesterday. Support levels had been broken. Looks like crude palm oil prices might continue to undergo correct after a tremendous jump over the month.
Plan A : Overnight seller hold on to position. Resistance looking at 2736 and profit target looking at 2653 and 2599.
Plan B : Intraday investor might sell around 2710's to 2700 taking 2719 as resistance. Profit target looking at 2653.
Plan C : Buyer might try some buying intraday if market gap down to 2660's during opening. Place a stop at 2650 in case if market overshot. Profit target looking at 2700.
Plan D : Above 2740, do nothing.
Plan E : Below 2640, 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, March 23, 2014
24 March 2014
HSI Futures
U.S. stocks slipped on Friday, as investors booked profits in momentum names heading into the weekend, wiping out early gains that had pushed the S&P 500 to an intraday record high.
Chinese shares rallied on Friday, led by banks and property shares, amid speculation the country's securities regulator would reveal details of a preferred pilot scheme and news of looser finance restrictions for developers. Hong Kong shares ended up, lifted by the rally in Chinese shares in the afternoon session, on gains led by Li & Fung and the property sector.
Holding a long
Plan A : 21252-21612, do nothing
Plan B : Above 21612, consider taking profits first
Plan C : Below 21252 , cut
Plan D : Consider turning sell if market surge but once again fails to break above 21612
Plan E : Cut above 21612
FKLI
FKLI looked like finally found its firm footing and prepare for another rally despite weak ringgit. Successful close above 1816 could be the catalyst for market to remain strong for the remainder of the month
Plan A : Take a long between 1820-1822
Plan B : Cut below 1816
Plan C : Consider only intraday selling if market surge but fails to break above 1834
Plan D : Cut above 1837
FCPO
Market shown some weakness over last Friday despite the weakening ringgit. Breaking of the last defense level at 2730 has turned around the chart to a sell.
Plan A : Buyer might have to stay out today until market form a new support level.
Plan B : Long term seller might want to sell at rebound. Resistance looking at 2748 and 2738. Target profit is 2613.
Plan C : Intraday trader might attempt some sell around 2728 to 2730's, taking 2738 as resistance. Target price looking at 2695.
Plan D : Above 2760, do nothing.
Plan E : Below 2670, 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 slipped on Friday, as investors booked profits in momentum names heading into the weekend, wiping out early gains that had pushed the S&P 500 to an intraday record high.
Chinese shares rallied on Friday, led by banks and property shares, amid speculation the country's securities regulator would reveal details of a preferred pilot scheme and news of looser finance restrictions for developers. Hong Kong shares ended up, lifted by the rally in Chinese shares in the afternoon session, on gains led by Li & Fung and the property sector.
Holding a long
Plan A : 21252-21612, do nothing
Plan B : Above 21612, consider taking profits first
Plan C : Below 21252 , cut
Plan D : Consider turning sell if market surge but once again fails to break above 21612
Plan E : Cut above 21612
FKLI
FKLI looked like finally found its firm footing and prepare for another rally despite weak ringgit. Successful close above 1816 could be the catalyst for market to remain strong for the remainder of the month
Plan A : Take a long between 1820-1822
Plan B : Cut below 1816
Plan C : Consider only intraday selling if market surge but fails to break above 1834
Plan D : Cut above 1837
FCPO
Market shown some weakness over last Friday despite the weakening ringgit. Breaking of the last defense level at 2730 has turned around the chart to a sell.
Plan A : Buyer might have to stay out today until market form a new support level.
Plan B : Long term seller might want to sell at rebound. Resistance looking at 2748 and 2738. Target profit is 2613.
Plan C : Intraday trader might attempt some sell around 2728 to 2730's, taking 2738 as resistance. Target price looking at 2695.
Plan D : Above 2760, do nothing.
Plan E : Below 2670, 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, March 20, 2014
21 March 2014
HSI Futures
U.S. stocks rose on Thursday, after a batch of economic data pointed to an improving economy and investors reassessed Fed Chair Janet Yellen's comments that had fuelled speculation of an earlier-than-expected rate hike by the central bank.
On Thursday, Hong Kong-listed stocks were hurt by the signal overnight from the U.S. Federal Reserve that it was ready to raise interest rates sooner than expected. Japan market on the other hand will be close for trading today in conjunction with Vernal Equinox Day Holiday.
Holding a long
Plan A : 21069-21612, do nothing
Plan B : Below 21069, cut
Plan C : Above 21612, consider taking profits first
Plan D : Consider turning sell if market once again fails to break above 21612
Plan E : Cut below 21786
FKLI
FKLI recovered from an intraday low of 1806 before settling unchanged for the day at 1815.5. Market could potential surge further today after overnight Dow gained 108-points.
Plan A : Take a long between 1812-1816
Plan B : Cut below 1810
Plan C : Consider intraday selling if market surge but fails to break above 1834
Plan D : Cut above 1837
FCPO
Market closed the gap yesterday at 2735 and continue to wind up to 2780 the highest. Overnight soybean oil was down yesterday and that might affect the opening of the crude palm oil. Ringgit is also weaken against US dollar today at 3.31. Therefore, buyer could have taken the advantage this round.
Plan A : Overnight buyer might hold on to position taking support at 2748 and profit target at 2822.
Plan B : Intraday trader might want to join the ride to buy around 2750's. Support at 2748 and profit target looking at 2791 and 2822.
Plan C : Seller might want to stay out at this stage.
Plan D : Above 2830, do nothing.
Plan E : Below 2740, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks rose on Thursday, after a batch of economic data pointed to an improving economy and investors reassessed Fed Chair Janet Yellen's comments that had fuelled speculation of an earlier-than-expected rate hike by the central bank.
On Thursday, Hong Kong-listed stocks were hurt by the signal overnight from the U.S. Federal Reserve that it was ready to raise interest rates sooner than expected. Japan market on the other hand will be close for trading today in conjunction with Vernal Equinox Day Holiday.
Holding a long
Plan A : 21069-21612, do nothing
Plan B : Below 21069, cut
Plan C : Above 21612, consider taking profits first
Plan D : Consider turning sell if market once again fails to break above 21612
Plan E : Cut below 21786
FKLI
FKLI recovered from an intraday low of 1806 before settling unchanged for the day at 1815.5. Market could potential surge further today after overnight Dow gained 108-points.
Plan A : Take a long between 1812-1816
Plan B : Cut below 1810
Plan C : Consider intraday selling if market surge but fails to break above 1834
Plan D : Cut above 1837
FCPO
Market closed the gap yesterday at 2735 and continue to wind up to 2780 the highest. Overnight soybean oil was down yesterday and that might affect the opening of the crude palm oil. Ringgit is also weaken against US dollar today at 3.31. Therefore, buyer could have taken the advantage this round.
Plan A : Overnight buyer might hold on to position taking support at 2748 and profit target at 2822.
Plan B : Intraday trader might want to join the ride to buy around 2750's. Support at 2748 and profit target looking at 2791 and 2822.
Plan C : Seller might want to stay out at this stage.
Plan D : Above 2830, do nothing.
Plan E : Below 2740, 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, March 19, 2014
20 March 2014
HSI Futures
U.S. stocks fell on Wednesday after comments from Federal Reserve Chair Janet Yellen raised the possibility of an earlier- than-anticipated increase in interest rates.
Hong Kong shares slipped on Wednesday, pulled down by casino operator Galaxy, while investors stayed on the sidelines ahead of earnings from index heavyweight Tencent and the U.S. Federal Reserve's policy decision.
Holding a long
Plan A : 21298-21786, do nothing
Plan B : Below 21298, cut
Plan C : Above 21786, consider taking profits first if it retraces after a higher opening
Plan D : Consider turning sell if market once again fails to break above 21612 and triggers a sell
Plan E : Cut above 21786
FKLI
FKLI consolidated within a tight 7-points range yesterday with market stubbornly holding above 1810 level. Market is expected to consolidate further but weak Ringgit could potentially dampen any hopes of market surging above 1821 today
Plan A : Attempt selling between 1816-1819
Plan B : Cut above 1823
Plan C : Consider buying only if market dips but holds firmly above 1803
Plan D : Cut below 1797
FCPO
Market went to the high of 2786 and closed at 2777 eventually. Regional competitive substituent is down and investor will experience some turbulence during the morning session.
Plan A : Overnight buyer might want to wait for market to stabilize and filtering the noise before reacting. Support looking at 2736. Profit target looking at 2791.
Plan B : Intraday investor might want to try some buying around 2740's level if 2736 is supported. Place a stop if market overshot.
Plan C : Market might continue to go down if 2730 is broken. Therefore, no harm for intraday seller to enter the market if 2782 not broken. Place a stop.
Plan D : Above 2800, 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
U.S. stocks fell on Wednesday after comments from Federal Reserve Chair Janet Yellen raised the possibility of an earlier- than-anticipated increase in interest rates.
Hong Kong shares slipped on Wednesday, pulled down by casino operator Galaxy, while investors stayed on the sidelines ahead of earnings from index heavyweight Tencent and the U.S. Federal Reserve's policy decision.
Holding a long
Plan A : 21298-21786, do nothing
Plan B : Below 21298, cut
Plan C : Above 21786, consider taking profits first if it retraces after a higher opening
Plan D : Consider turning sell if market once again fails to break above 21612 and triggers a sell
Plan E : Cut above 21786
FKLI
FKLI consolidated within a tight 7-points range yesterday with market stubbornly holding above 1810 level. Market is expected to consolidate further but weak Ringgit could potentially dampen any hopes of market surging above 1821 today
Plan A : Attempt selling between 1816-1819
Plan B : Cut above 1823
Plan C : Consider buying only if market dips but holds firmly above 1803
Plan D : Cut below 1797
FCPO
Market went to the high of 2786 and closed at 2777 eventually. Regional competitive substituent is down and investor will experience some turbulence during the morning session.
Plan A : Overnight buyer might want to wait for market to stabilize and filtering the noise before reacting. Support looking at 2736. Profit target looking at 2791.
Plan B : Intraday investor might want to try some buying around 2740's level if 2736 is supported. Place a stop if market overshot.
Plan C : Market might continue to go down if 2730 is broken. Therefore, no harm for intraday seller to enter the market if 2782 not broken. Place a stop.
Plan D : Above 2800, 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
Tuesday, March 18, 2014
19 March 2014
HSI Futures
U.S. stocks climbed for a second straight session on Tuesday, with the S&P 500 within striking distance of its record after comments from Russian President Vladimir Putin soothed anxiety that tensions over Ukraine could escalate.
Hong Kong shares ended firmer on Tuesday, led by index heavyweight Tencent, but investors remained cautious on concern over how fast China's economy will grow this year.
Holding a long
Plan A : 21298-21786, do nothing
Plan B : Below 21298, cut
Plan C : Above 21786, consider taking profits first if it retrace after a higher opening
Plan D : Consider turning sell only after it finishes with its technical rebound and triggers a sell
Plan E : Cut above 21786
FKLI
FKLI was seen holding firm above 1810 despite failing to break above 1820. Market is expected to attempt triggering a buy once again barring any negative surprises
Plan A : Attempt buying between 1810-1815
Plan B : Cut below 1808
Plan C : Intraday selling can be attempted if market make a sudden surge but fails to break above 1834
Plan D : Cut above 1837
FCPO
Market was trading at consolidation without much surprise yesterday. It might go for another round of range trade 2733 to 2760.
Plan A : Overnight buyer might want to stay put if 2719 is supported. Profit target looking at 2791.
Plan B : Intraday investor could try to buy around 2730's level, taking support at 2729. Profit target looking at 2760 and 2791.
Plan C : Intraday seller might have a chance if market performs range trade. Resistance looking at 2760 and profit target looking at 2740. Place a stop if market overshot.
Plan D : Above 2800, 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
U.S. stocks climbed for a second straight session on Tuesday, with the S&P 500 within striking distance of its record after comments from Russian President Vladimir Putin soothed anxiety that tensions over Ukraine could escalate.
Hong Kong shares ended firmer on Tuesday, led by index heavyweight Tencent, but investors remained cautious on concern over how fast China's economy will grow this year.
Holding a long
Plan A : 21298-21786, do nothing
Plan B : Below 21298, cut
Plan C : Above 21786, consider taking profits first if it retrace after a higher opening
Plan D : Consider turning sell only after it finishes with its technical rebound and triggers a sell
Plan E : Cut above 21786
FKLI
FKLI was seen holding firm above 1810 despite failing to break above 1820. Market is expected to attempt triggering a buy once again barring any negative surprises
Plan A : Attempt buying between 1810-1815
Plan B : Cut below 1808
Plan C : Intraday selling can be attempted if market make a sudden surge but fails to break above 1834
Plan D : Cut above 1837
FCPO
Market was trading at consolidation without much surprise yesterday. It might go for another round of range trade 2733 to 2760.
Plan A : Overnight buyer might want to stay put if 2719 is supported. Profit target looking at 2791.
Plan B : Intraday investor could try to buy around 2730's level, taking support at 2729. Profit target looking at 2760 and 2791.
Plan C : Intraday seller might have a chance if market performs range trade. Resistance looking at 2760 and profit target looking at 2740. Place a stop if market overshot.
Plan D : Above 2800, 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, March 17, 2014
18 March 2014
HSI Futures
U.S. stocks climbed on Monday, with the S&P 500 bouncing from its worst weekly drop in the past seven, as concerns eased over the situation in Crimea, while economic data indicated the economy was improving after a winter slowdown.
Hong Kong shares ended at a five-week low on Monday, as investors remained uncertain over Chinese economic growth and tensions in Ukraine.
Plan A : Above 21612, do nothing
Plan B : Below 21298, do nothing
Plan C : Attempt selling if market opens high but fails to break above 21612
Plan D : Cut above 21768
Plan E : Consider buying only if market supported well above 21298 and triggers a buy
Plan F : Cut below 21298
FKLI
FKLI performed a remarkable recovery yesterday after rebounding strongly from a low of 1793. Market is seen to be supported well above 1790 for now with resistance stood at 1821 and 1834
Plan A : Attempt selling if market make a sudden surge above 1830 level but fails to break above 1834
Plan B : Cut above 1837
Plan C : Consider buying between 1808-1810 if market were to correct a bit
Plan D : Place a stop below 1803 to avoid sudden sell down
FCPO
Market rebounded highest to 2766 and continue to tumble down to 2738. Market had sharp correction over a week and might rebound before continuing to correct itself. Regional competitive substituents are still in the negative territory.
Plan A : Overnight seller might want to consider to take profit today at 2720's to 2730's and wait for the next signal.
Plan B : Intraday investor might want to buy around 2720's to 2730's level if 2719 is supported. Profit target is looking at 2785.
Plan C : Above 2800, do nothing.
Plan D : Below 2700, do nothing.
Plan E : Intraday seller may stay out.
*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 climbed on Monday, with the S&P 500 bouncing from its worst weekly drop in the past seven, as concerns eased over the situation in Crimea, while economic data indicated the economy was improving after a winter slowdown.
Hong Kong shares ended at a five-week low on Monday, as investors remained uncertain over Chinese economic growth and tensions in Ukraine.
Plan A : Above 21612, do nothing
Plan B : Below 21298, do nothing
Plan C : Attempt selling if market opens high but fails to break above 21612
Plan D : Cut above 21768
Plan E : Consider buying only if market supported well above 21298 and triggers a buy
Plan F : Cut below 21298
FKLI
FKLI performed a remarkable recovery yesterday after rebounding strongly from a low of 1793. Market is seen to be supported well above 1790 for now with resistance stood at 1821 and 1834
Plan A : Attempt selling if market make a sudden surge above 1830 level but fails to break above 1834
Plan B : Cut above 1837
Plan C : Consider buying between 1808-1810 if market were to correct a bit
Plan D : Place a stop below 1803 to avoid sudden sell down
FCPO
Market rebounded highest to 2766 and continue to tumble down to 2738. Market had sharp correction over a week and might rebound before continuing to correct itself. Regional competitive substituents are still in the negative territory.
Plan A : Overnight seller might want to consider to take profit today at 2720's to 2730's and wait for the next signal.
Plan B : Intraday investor might want to buy around 2720's to 2730's level if 2719 is supported. Profit target is looking at 2785.
Plan C : Above 2800, do nothing.
Plan D : Below 2700, do nothing.
Plan E : Intraday seller may stay out.
*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, March 16, 2014
17 March 2014
HSI Futures
Wall Street ended lower on Friday with all three major stock indexes down for the week, as concerns over tensions between Ukraine and Russia escalated ahead of a referendum in Crimea during the weekend.
Hong Kong shares fell to a six-week low on Friday, pulled down by index heavyweights Tencent Holdings Ltd and New World Development .
Plan A : Above 21768, do nothing
Plan B : Below 21451. do nothing
Plan C : Attempt selling if market gaps up but fails to break above 21768
Plan D : Cut above 21768
Plan E : Consider buying if market supported well above 21451 and triggers a buy
Plan F : Cut below 21451
FKLI
FKLI did stayed below its resistance level throughout last Friday's trading but supported above 1790. Market is expected to go through a bit of consolidation with slight recovery today
Plan A : Attempt selling between 1802-1803
Plan B : Cut above 1805
Plan C : Consider intraday buying if market stays firm above 1790 and rebounds
Plan D : Cut below 1790
FCPO
Market will experience gap down as it's the first day of the switch month and the month of June was doing discount of 25 points from previous closing. It has been seen that there is some seller that has taken its profit last week specifically an hour before closing.
Plan A : Overnight seller may want to hold on to position. Resistance looking at 2801 and profit target looking at 2719.
Plan B : Intraday investor may want to try some selling if resistance at 2784 is not broken. Profit target looking at 2736.
Plan C : Buyer may want to stay out today until it forms a layer of support after the dip.
Plan D : Above 2810, 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
Wall Street ended lower on Friday with all three major stock indexes down for the week, as concerns over tensions between Ukraine and Russia escalated ahead of a referendum in Crimea during the weekend.
Hong Kong shares fell to a six-week low on Friday, pulled down by index heavyweights Tencent Holdings Ltd and New World Development .
Plan A : Above 21768, do nothing
Plan B : Below 21451. do nothing
Plan C : Attempt selling if market gaps up but fails to break above 21768
Plan D : Cut above 21768
Plan E : Consider buying if market supported well above 21451 and triggers a buy
Plan F : Cut below 21451
FKLI
FKLI did stayed below its resistance level throughout last Friday's trading but supported above 1790. Market is expected to go through a bit of consolidation with slight recovery today
Plan A : Attempt selling between 1802-1803
Plan B : Cut above 1805
Plan C : Consider intraday buying if market stays firm above 1790 and rebounds
Plan D : Cut below 1790
FCPO
Market will experience gap down as it's the first day of the switch month and the month of June was doing discount of 25 points from previous closing. It has been seen that there is some seller that has taken its profit last week specifically an hour before closing.
Plan A : Overnight seller may want to hold on to position. Resistance looking at 2801 and profit target looking at 2719.
Plan B : Intraday investor may want to try some selling if resistance at 2784 is not broken. Profit target looking at 2736.
Plan C : Buyer may want to stay out today until it forms a layer of support after the dip.
Plan D : Above 2810, 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
Thursday, March 13, 2014
14 March 2014
HSI Futures
U.S. stocks tumbled on Thursday, with the Dow and the S&P 500 suffering their worst day since early February, on rising concerns over Ukraine and Russia and new signs of a slowdown in China.
Hong Kong stocks ended lower on Thursday, thanks to disappointing China economic data in the afternoon that caused an index of Chinese shares listed in the city to close at a fresh eight-month low.
Plan A : Below 21611, do nothing
Plan B : Above 22024, do nothing
Plan C : Consider buying if market dips but holds firm above 21611 and triggers a buy
Plan D : Cut below 21611
Plan E : Consider selling if market attempts to break 21945 but fails
Plan F : Cut above 22024
FKLI
Failure of closing above 1819 yesterday is going to cause market to face persistent selling today. Panic selling could comes in especially if market fails to hold above 1808.
Plan A : Attempt selling between 1813-1815
Plan B : Cut above 1821
Plan C : Consider buying only if market dips and holds firm above 1790
Plan D : Cut below 1787
FCPO
Today is the last day of the active month and the spread between the third and fourth month has been widen day by day. Coming Monday you may expect the market to gap down on the first day if the spread still persist. Ringgit has been hovering around 3.26 to 3.28 level and regional competitive substituents has not experience any extreme downturn.
Plan A : Overnight seller may hold on to position. Resistance looking at 2838 and profit target looking at 2784 and 2719.
Plan B : Intraday seller may enter at 2800's level taking 2818 as resistance. Profit target looking at 2784 and 2756.
Plan C : Buyer may want to stay out of market today.
Plan D : Above 2845, do nothing.
Plan E : Below 2740, 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, March 12, 2014
13 March 2014
U.S. stocks finished little changed on Wednesday, with the Nasdaq up for the first session in five, as investors grappled with the evolving situation in Ukraine but shrugged off concern over weakness in China's economy.
Chinese shares listed in Hong Kong closed at their lowest since July on Wednesday, led by resources-related counters after commodities markets again slumped to multi year lows, with further losses feared ahead of more macroeconomic data.
Plan A : Above 22122, do nothing
Plan B : Below 22610, do nothing
Plan C : Consider selling if market rebounds but fails to break above 22024
Plan D : Cut above 22122
Plan E : Consider buying if market supported well above 22610 and triggers a buy
Plan F : Cut below 22610
FKLI
Although FKLI survived the fate of heavy selling, it still faced with persistent selling whenever it rebounds. Market look likely to recover a little today but a successful close above 1819 will be more important than ever for buyers to feel more comfortable.
Plan A : Attempt selling between 1817-1819
Plan B : Cut above 1822
Plan C : Consider buying only if market holds firm above 1808
Plan D : Cut below 1808
FCPO
Market rebounded to 2858 in the second session and eventually touched 2808 then closed at 2821. FCPO is on its way for correction. First level of target price has arrived and regional competitive substituents are at the negative region. Therefore, seller might be of advantage during opening hour.
Plan A : Overnight seller hold on to position. Resistance looking at 2858 and profit target looking at 2784 and 2719.
Plan B : Intraday investor can try some sell if market rebounded to 2830's level. Resistance 2837 and 2845. Profit target looking at 2784 and 2756.
Plan C : Market might have chance to go on consolidation if 2808 is supported. Therefore, buyer could try some buy at 2810's. Place a stop if market overshot 2800.
Plan D : Above 2865, do nothing.
Plan E : Below 2780, 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
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