Tuesday, January 21, 2025

22 January 2025 Global Index Futures

Crude, Gold, Dow, S&P 500 and Nasdaq

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E-Mini Dow

Stocks finished Tuesday's session higher. The Dow rose 537.98 points, or 1.24%, to finish at 44,025.81. Global stock markets rose on Tuesday, after US President Donal Trump stopped short of announcing new tariffs on his first day in office.

While Trump did not announce widespread tariffs, he has ordered a review US trade deals, in a possible step toward the border taxes as well as threatening Canada and Mexico with 25% from 1 February.

The International Monetary Fund and analysts have warned that Trump policies threaten a significant disruption of global trade that could eventually backfire on the US.

The dollar, which had fallen on Monday after the inauguration, swung up and down against some other major currencies, including the pound and the euro, as uncertainty lingered about what policies might become reality.


(News Source: BBC)


Plan A: Long only if market retraced but supported firm above 43,973. Targets around 44,267/44,533.

Plan B: Sell if market rebounded but resilient to 44,216. Targets around 43,973/43,498.


E-Mini S&P500

About four out of every five stocks in the S&P 500 traded higher on Tuesday, underscoring the index's broad advance. The index as a whole is on track to end the day up close to 1%.

Vistra, a top performer in 2024, led the index higher with a gain of about 10%. NRG Energy and Prologis followed, with each up more than 7.5%.

Still, some underperformers restricted gains. With a slide of nearly 12%, Walgreens Boots Alliance which was a big loser last year, was the worst performer in the index on Tuesday. Well-known stocks including Apple Booking Holdings and Expedia were also among the biggest laggards in the session.


(News Source: CNBC)


Plan A: Short if prices rebounded but resilient to 6,107. Targets around 6,046/5,982.

Plan B: Long if prices retraced but well supported above 6,046. Targets are around 6,105/6,152.



E-Mini Nasdaq

Stocks advanced on Tuesday as Wall Street viewed President Donald Trump's comments and first-day actions around international trade as a bit softer than initially believed.

The Nasdaq Composite rose 0.64% to 19,756.78.

Several big technology stocks also took a leg up, with Amazon and Nvidia each gaining more than 2%. But a drop of more than 3% in Apple on the back of two Wall Street downgrades restricted gains for the tech-heavy Nasdaq.


(News Source:
CNBC)

Plan A: Short if prices resilient to 21,891. Targets are 21,571/21,350 Place a reasonable stop order based on the assessment of the risk and reward ratio.

Plan B: Long only if market supported firm above 21,571. Targets are 21,898/22,112Place a reasonable stop order based on the assessment of the risk and reward ratio



WTI Crude Oil

Oil held losses as President Donald Trump threatened a tariff on China, raising concerns over trade wars on several fronts after he said hefty levies on Canada and Mexico were being considered.

WTI traded below $76 a barrel following a run of declines since Thursday, while Brent closed near $79. Trump said he was considering a 10% tariff on China in retaliation for the flow of fentanyl from the country. Prior to the threat, the Asian nation said it will expand US imports.

(News Source: CNBCtv18)


Plan A: Long if prices supported firm above 75.32. Targets are 77.06/77.87.

Plan B: Consider short if market rebounded but failed to support above 77.87. Targets are 75.07/75.19.




Gold

Gold prices jumped to an over two-month peak on Tuesday, supported by a weaker dollar and as markets flocked to the safe-haven asset amid uncertainty surrounding U.S. President Donald Trump's potential tariff.

Spot gold climbed 1.3% to $2,742.48 per ounce by 02:36p.m. ET (1936GMT), reaching its highest level since Nov.6 and nearing the all-time high of $2,790.15 set in October.

U.S. gold futures settled 0.4% higher at $2,759.20.


(News Source: Reuters)


Plan A: Consider long if market retraced but supported above 2,739. Targets at 2,759/2,802.


Plan B: Short if market prices failed to support above 2,759. Targets are 2,729/2,719.





Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com 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 the investment.

22 Jan 2025 BMD Local Market

LOCAL MARKET 


Click here to contact us: https://goo.gl/B6Dccf


FKLI

FKLI Jan month rose 10 points or 0.64% to closed higher at 1572.5. The FBM KLCI extended its uptrend at Tuesday's close, driven by buying activity in selected heavyweight stocks, particularly within industrial products and services, utilities, and financial services.

Overnight Dow Jones index rose 537 to closed higher at 44025. Wall Street's main indexes climbed on Tuesday, with the S&P 500 and the Dow reaching their highest levels in over a month. Investors reacted to Donald Trump's initial actions as U.S. president, finding reassurance in his decision not to begin his second term with sweeping tariff increases. 

The FKLI in daily time frame breaking the new reseating at 1572 to 1571 and moving further higher, potentially continue to moving higher for short term with buy on retracement the main plan. New resistant area sees at 1581 to 1582, breaking above could see further higher however bigger picture still see major resistant at 1600. Beware of any sentiment change. Immediate support and resistance levels are identified at 1574 and 1581, respectively.

(News Source: Bernama; Reuters)


Recommend Trading Plan:

Long positions may be opened above 1574 with targets at 1581/1586 and stop-loss at 1569

Short positions may be opened below 1574 with targets at 1568/1563 and stop-loss at 1579


FCPO

FCPO Apr month contract rose 54 points or 1.28% to closed higher at 4260. Malaysian crude palm oil futures rose for a third consecutive session on Tuesday, driven by gains in Dalian and Chicago vegetable oil markets. According to a Reuters poll, CPO futures are projected to average higher in 2025 compared to last year, supported by increased palm oil-based biodiesel consumption in Indonesia, the leading producer. However, the upside may be capped by competition from cheaper alternatives.

Overnight soybean oil for the March contract rose 0.08 to closed higher at 45.77. Dalian’s active palm oil contract dropped 34 closed lower at 8412 on previous night session.

Tracking the mixed performance in rival oil market, the palm price likely to remain hovering at the bottom of the downward channel. Bigger pictures still see rebound sell, however short term see upward channel consolidation, support see at 4215 to 4220, sustain above could see buying opportunity, fail to support potential moving further lower. Crucial resistant see at 4280 to 4285 range. The immediate support and resistance levels are pinpointed at 4213 and 4235, respectively.

(News Source: Reuters)


Recommend Trading Plan:

Long positions may be opened above 4235 with targets 4258/4283 at stop-loss at 4215

Short positions may be opened below 4235 with targets at 4213/4191 stop-loss at 4255


Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com 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 the investment.


22 January 2025 Global Index Futures - Hang Seng

HONG KONG STOCK INDEX (HSI)

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Hang Seng

The Hang Seng climbed 181 points or 0.9% to end at 20,107 on Tuesday, continuing its bullish momentum for the sixth session and approaching its highest level in nearly four weeks amid widespread sector gains.

Traders responded favorably to Trump's inaugural speech Monday, as it did not impose tariffs on China. Meanwhile, US futures surged after Trump signed several executive orders, including declaring a national energy emergency which might lead to lower inflation and more Fed rate cuts.

Further gains were capped by caution ahead of December inflation data in Hong Kong later today after figures in November stayed at a five-month low of 1.4%. Shares of China Vanke Co. jumped almost 9% after the developer announced interest payment on a maturing bond. Meantime, Country Garden surged around 20%, hitting a 10-month high as trading resumed after a nine-month suspension. Other top gainers included Semicon Manufacturing (6.7%), Pop Mart Intl. (5.7%), Li Auto (5.2%), and Xiaomi Corp. (3.2%).

(News Source: Tradingeconomics)


Plan A: Long if market supported firm above 20,159. Targets are 20,394/20,571. Take reasonable stop loss for each trade. 


Plan B: Short if market rebounded but resilient to 20,159. Targets are 19,,883/19,683. Take reasonable stop loss for each trade. 








Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com 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 the investment.

21 January 2025 Global Index Futures - Hang Seng

HONG KONG STOCK INDEX (HSI)


Click here to contact us: https://goo.gl/B6Dccf 


Hang Seng

Elsewhere, Chinese VP Han Zheng’s meeting with Elon Musk and other US businesses highlighted Beijing's efforts to improve relations ahead of Trump’s return to the White House. Meantime, TikTok resumed its US operations Sunday after Trump announced a three-month halt on enforcing a law requiring its Chinese owner to divest.

On the policy front, the PBoC kept its key lending rates steady for the third month, in line with estimates. However, concerns about market volatility grew as Trump prepared to issue executive orders on many matters including tariffs and energy, shortly after his inauguration today.

Top movers included Miniso (5.3%), Meituan (5.0%), and Wuxi Biologics (4.1%).

The Hang Seng jumped 342 points or 1.8% to end at 19,926 on Monday, rising for the fifth session and reaching its highest since the start of 2025. The rally was driven by sector-wide advances, boosted by news of a phone call between US President-elect Trump and China's President Xi Jinping discussing key issues.

(News Source: Tradingeconomics)


Plan A: Long if market retraced but supported firm above 19,990. Targets are 20,178/20,337. Take reasonable stop loss for each trade.

Plan B: Short if market rebounded but resilient to 20,178. Targets are 20,010/19,940. Take reasonable stop loss for each trade

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com 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 the investment.

21 January 2025 Global Index Futures

  Crude, Gold, Dow, S&P 500 and Nasdaq

Click here to contact us: https://goo.gl/B6Dccf 


E-Mini Dow

US equity indexes rose this week as easing core inflation rates helped push government bond yields lower, and big banks kicked off the Q4 earnings season on a strong note.

(News Source: MT News)


Plan A: Long only if market supported firm above 43, 518. Targets around 43, 782/43, 985.


Plan B: Sell if market rebounded but resilient to 43, 518. Targets around 43, 214/43, 021.



E-Mini S&P500

US stock futures struggled to gain momentum on Tuesday after President Donald Trump announced he was considering imposing 25% tariffs on Canada and Mexico as early as Feb. 1, citing concerns over illegal immigration at the US border.

Trump also mentioned China but did not offer further details.

His remarks disappointed traders who had hoped for a delay in new tariffs, especially after reports on Monday suggested no immediate tariff actions as part of his early executive orders.

(News Source: Trading Economics)


Plan A: Short if prices go rebounded but resilient to 5991. Targets around 5951/5917T.
Plan B: Long if prices are well supported above 5991. argets around 6024/6051.



E-Mini Nasdaq

MSCI's global equities index rose on Friday, and US Treasury yields increased as the dollar strengthened. Positive economic data and earnings reports helped investors overlook any jitters ahead of the US presidential inauguration.

The US dollar strengthen against major currencies after a four-day decline, and benchmark US Treasury yields, following a three-session drop, hit a two-week low before reversing direction.

Federal Reserve data on Friday showed US manufacturing output rose 0.6% in the previous month, following a revised 0.4% increase in November, likely due to a factory worker strike ending. Additionally, US single-family homebuilding increased to a 10-month high in December, signaling that construction activity was gaining momentum, although rising mortgage rates and a glut of new homes could slow recovery.

All three of Wall Street's major indices finished higher, with the S&P 500 and the Dow marking their largest weekly gains since the week of the US presidential election. The Nasdaq recorded its biggest weekly advance since early December.

(News Source: News18)


Plan A: Short if prices resilient to 21,567. Targets are 21, 176/21, 029 Place a reasonable stop order based on the assessment of the risk and reward ratio.

Plan B: Long only if market supported firm above 21,567. Targets are 21,808/20,981Place a reasonable stop order based on the assessment of the risk and reward ratio



WTI Crude Oil

Oil prices closed lower on Friday but strengthened for the fourth consecutive week, driven by concerns over potential disruptions in oil supply due to US sactions on Russian energy. US crude settled down by 1% at $77.88 per barrel.

(News Source: News18)


Plan A: Long if prices supported around 77.90. Targets are 78.60/79.20.

Plan B: Consider short if market breakout below 77.11. Targets are 76.27/75.19.




Gold

Gold stocks in COMEX-aproved warehouses surged by one-third over the past six weeks, as market players sought deliveries to hedge against potential import tariffs from the incoming US president. Gold prices fell on Friday but were on track for a weekly gain, driven by uncertainties surrounding Trump's policies and expectations of further interest rate cuts, pushing prices above the key $2,700 level. Spot gold futures rose 0.19% to $2,751.60 per ounce.


(News Source: News18)


Plan A: Consider long if market supported above 2719. Targets at 2735/2758.


Plan B: Short if market prices rebounded but failed to support above 2719. Targets are 2699/2683.





Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com 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 the investment.

Monday, January 20, 2025

21 Jan 2025 BMD Local Market

LOCAL MARKET 


Click here to contact us: https://goo.gl/B6Dccf


FKLI

FKLI Jan month dropped 4.5 points or 0.29% to closed lower at 1562.5. The FBM KLCI ended higher on Monday, driven by sustained buying in index-linked stocks, particularly Tenaga Nasional and PETRONAS Gas, supported by positive performance in regional markets.

Overnight Dow Jones index rose 334 to closed higher at 43487. US stock futures rose on Monday evening after President Donald Trump was sworn in for his second term, pledging a new "golden age" for the U.S. and signing several executive orders. Investors reacted positively, particularly to the absence of new tariffs in the initial orders. The cash market, which was closed yesterday for a holiday, will resume trading today.

The FKLI in daily time frame resisted below 1563 to 1564 and hovering at the bottom of downward channel, in short term we remain to see opportunity for buying if breaking above the resistant range again, otherwise selling pressure may coming in but likely supported above at 1558 to 1556. Immediate support and resistance levels are identified at 1558 and 1563, respectively.

(News Source: The Star; Reuters)


Recommend Trading Plan:

Long positions may be opened above 1563 with targets at 1568/1572 and stop-loss at 1558

Short positions may be opened below 1563 with targets at 1558/1554 and stop-loss at 1568


FCPO

FCPO Apr month contract rose 16 points or 0.38% to closed higher at 4206. Malaysian crude palm oil futures advanced for a second consecutive session on Monday, driven by strength in Dalian vegetable oils and bargain buying. However, weak palm oil exports during the January 1-20 period capped the gains.

Overnight soybean oil for the March contract gained 0.66, closing higher at 45.69 during Friday's session. The market was closed yesterday and has resumed trading today. Dalian’s active palm oil contract rose 30 closed higher at 8426 on previous night session.

Tracking the bullish performance in rival oil market, the palm price likely to remain hovering at the bottom of the downward channel. Bigger pictures still see the opportunity for rebound sell, however short term we might see technical buying. Closer support level sees at 4280 to 4185, if breaking below the price could go further lower, otherwise may provide buying opportunity. The immediate support and resistance levels are pinpointed at 4185 and 4212, respectively.

(News Source: Reuters)


Recommend Trading Plan:

Long positions may be opened above 4185 with targets 4212/4233 at stop-loss at 4165

Short positions may be opened below 4185 with targets at 4164/4140 stop-loss at 4205


Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com 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 the investment.