U.S. stocks rose on Monday, with the S&P 500 and the Dow hitting record highs with growth sectors such as technology in favor again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials.
Hong Kong stocks had their best day in nearly six weeks on Monday, led by IT and financial shares, as investors welcomed a plan for a new board to attract "new economy" listings - which would benefit investment banks and put vigor in the tech sector.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for July subscription.
Plan A : Above 25821, do nothing
Plan B : Below 25734, do nothing
Plan C : Attempt buying if market holds resiliently above 25734
Plan D : Cut below 25670
Plan E : Consider selling if market open gap up but fails to sustain above 25821
Plan F : Cut above 25917
FKLI
Our local market was the only market in red in the region yesterday amid profit taking activities ahead of long Hari Raya celebration holiday. Market look likely to open higher today after overnight Dow made a strong gain. However, market might not be able to sustain gains today if investors decide to capitalize on their gains ahead of the coming long weekend holiday.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for July subscription.
Plan A : Attempt buying only if market holds firmly above 1790
Plan B : Cut below 1786
Plan C : Consider selling if market surges but fails to breach above 1793
Plan D : Cut above 1798
FCPO
FCPO surged after the rebound from last Friday, tipping at 2515 before some selling pressure kicked-in towards the second session. Dalian and soybean oil are slightly weak while Ringgit stays at RM4.28 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for July subscription.
Plan A : Buy only if market retraced but supported firm above 2470. Targets are 2485, 2598 and 2517.
Plan B : Sell only if market failed to hold above 2470. Targets are 2455, 2428 and 2400.
Plan C : Above 2480, no fresh position.
Plan D : Below 2460, no fresh position.
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
0 comments:
Post a Comment