FKLI
Market performed relatively weak yesterday with June month contract expired at 1879. July month contract will take over today but support seen at 1878. Failure to hold above this would see market heading towards 1867.5 next.
Plan A : Attempt selling if market fails to break above 1886
Plan B...
Monday, June 30, 2014
Sunday, June 29, 2014
30 June 2014
HSI Futures
U.S. stocks ended modestly higher on Friday, led by technology shares, though downbeat second-quarter and full-year forecasts from DuPont Co kept a lid on gains.
Hong Kong shares ended mixed on Friday after strong gains in the previous session, with weakness in insurance stocks weighing...
Thursday, June 26, 2014
27 June 2014
HSI Futures
U.S. stocks ended slightly lower on Thursday after the president of the Federal Reserve Bank of St. Louis said interest-rate increases should come sooner rather than later.
Hong Kong's benchmark index had its best day in 1-1/2 months on Thursday, with investors upbeat on hopes that hikes...
Wednesday, June 25, 2014
26 June 2014
HSI Futures
U.S. stocks rose on Wednesday, led by drug makers, while a Supreme Court ruling lifted the shares of major broadcasters.
The index of Chinese companies listed in Hong Kong edged down to a one-month closing low on Wednesday, weighed down by China banks and insurers, while the benchmark...
Tuesday, June 24, 2014
25 June 2014
HSI Futures
U.S. stocks fell on Tuesday as early enthusiasm from economic data faded and concerns about the violence in Iraq gave investors a reason to sell and book some profits, driving the Dow to its biggest drop in over a month.
Hong Kong shares on Tuesday recovered a bit of the ground lost the...
Monday, June 23, 2014
24 June 2014
HSI Futures
U.S. stocks ended a quiet session on Monday essentially unchanged as investors found few reasons to keep buying following a six-day rally in the S&P 500, though merger activity lifted energy shares.
Hong Kong's benchmark index had its worst day in more than three months on Monday,...
Sunday, June 22, 2014
23 June 2014
HSI Futures
U.S. stocks rose on Friday, driving the Dow and the S&P 500 to close at record highs as the shares of 330 companies hit 52-week highs on the New York Stock Exchange.
Hong Kong shares snapped a four-day losing steak, as the beaten-down Macau gambling sector rebounded, but still suffered...
Thursday, June 19, 2014
20 June 2014
HSI Futures
The S&P 500 ended at another record high on Thursday, extending gains for a fifth day on investors' optimism that the Federal Reserve will keep interest rates low for a long period of time.
Hong Kong shares fell for the fourth consecutive day on Thursday, tracking steep losses in the...
Wednesday, June 18, 2014
19 June 2014
HSI Futures
U.S. stocks rose on Wednesday, with the S&P 500 ending at a record after the Federal Reserve hinted at a slightly faster pace of interest-rate increases starting next year but suggested rates in the long run would be lower than it had indicated previously.
Hong Kong shares finished...
Tuesday, June 17, 2014
18 June 2014
HSI Futures
U.S. stocks rose on Tuesday as data pointing to higher inflation lifted financial shares while high-growth tech names attracted renewed attention. Focus today will be on U.S. FOMC Yellen's speech after the meeting.
Hong Kong shares finished lower on Tuesday, dragged down by under...
Monday, June 16, 2014
17 June 2014
HSI Futures
U.S. stocks closed slightly higher on Monday, supported by a flurry of merger news, but turmoil in Iraq drove oil prices up and kept trading choppy.
Hong Kong shares finished a tick lower on Monday, with investors remaining cautious and awaiting direction from a U.S. Federal Reserve meeting...
Sunday, June 15, 2014
16 June 2014
HSI Futures
U.S. stocks edged up on Friday, boosted by bullish news from the tech sector, but major indexes fell for the week as unrest in Iraq kept investors on edge.
The index of Chinese companies listed in Hong Kong posted its 5th consecutive weekly gain on Friday, its longest winning streak...
Thursday, June 12, 2014
13 June 2014
HSI Futures
U.S. stocks fell on Thursday as concerns escalated about Iraq and after disappointing economic data on retail sales and jobless claims.
Hong Kong shares finished lower on Thursday, joining other Asian markets in slipping after Wall Street stepped back from record levels.
Plan A : Above...
Wednesday, June 11, 2014
12 June 2014
HSI Futures
U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank's reduction of its global growth forecast.
Hong Kong shares slipped on Wednesday as some investors cashed in recent gains after the benchmark index the previous day...
Tuesday, June 10, 2014
11 June 2014
HSI Futures
U.S. stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities' shares fell while 10-year bond yields hit their highest level in a month.
Hong Kong shares finished at their highest in more than five months on Tuesday, tracking strong gains...