Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus and a overall Bullish outlook.PE DJIA at 25199.29, +0.32% is moving to test 1st resistance at 25250. DIA looks Bullish in here with 4-sessions up. If DIA breaks above 25250, will likely continue to rally to 25600 medium term. DAX at 12765.94, […]

Pinduoduo Inc Eye $1.6 Billion

Pinduoduo Inc Eye $1.6 Billion

Asahi Marusan Management reported this morning that Chinese e-commerce operator Pinduoduo Inc which is backed by Tencent Holdings is planning to raise up to $1.6 billion during its US IPO to bolster its fight against rival Alibaba. Pinduoduo Inc located in Shanghai, is offering 85.5 million Depositary Shares in the US with a price between […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus and a overall Bullish outlook.PE DJIA at 25119.89, +0.22% looks to test at 25250 and then to 25600 longer term. Overall near to medium term looks Bullish with  a dip from 25250 before resuming the uptrend. DAX at 12661.54, +0.80% […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Overall the indices look Bullish long term to me. DJIA 25064.36, +0.18% and DAX at 12561.02, +0.16% continue to trade higher. DIA is near resistance at 25250 on the daily’s whereas DAX is stable with 12500-12700 looks unable to move […]

EU and Japan Free Trade Deal

EU and Japan Free Trade Deal

The European Union’s top officials arrive in Japan Tuesday to sign the single market’s biggest trade deal ever and present a united front as Washington upends the international trade order. EU Council President Donald Tusk and Commission head Jean-Claude Juncker land in Japan after talks in Beijing, where they urged global trade cooperation and warned […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Overall the indices look Bullish long term to me. DJIA at 25019.41, +0.38%, and DAX at 12540.73, +0.38% have risen almost 0.40% and looks Bullish now with Northside targets of 25250 and 12800 respectively. Nikkei at 22597.35, +1.85% trades […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Some dips seen in the stock indices Thursday. Overall the indices look Bullish long term to me. DJIA at 24924.89, +0.91%, and DAX at 12492.97, +0.61% rose sharply Thursday Notes: DIA could test 25250 in here (looks Bullish), while DAX sees interim […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Some dips seen in the stock indices Thursday. Overall the indices look Bullish long term to me. DJIA 24700.45, -0.88% came off from the Psych mark at 25000, while 25000 holds, DIA could test 24500 before another run […]

China Officially says, “Keep calm, do not inflame trade row with US”

China Officially says, “Keep calm, do not inflame trade row with US”

China Officially says, “Keep calm, do not inflame trade row with US” $DIA, $SPY, $QQQ, $RUTX, $VXX China is not ‘happy’ about Washington’s hard line on trade, but has controlled coverage of the dust-up in its media, limiting open commentary and banning attacks on US President Donald Trump. Beijing has issued unusually strict rules limiting […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Almost all the indexes I screened are now Bullish near to medium term. See the Bull running in global stocks now, how far, how fast, tune in. DJIA at 24919.66, +0.58% moved up and could test at 25250. Or […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Almost all these indexes screened are now Bullish near to medium term. See the Bull running in global stocks now, how far, how fast, tune in. DJIA at 24776.59, +1.31% moved up sharply and seeing 25250 the 1st resistance. […]

Boom Time in Singapore: Temasek Report Monster Portfolio

Boom Time in Singapore: Temasek Report Monster Portfolio

Boom Time in Singapore: Temasek Report Monster Portfolio Singapore state investor Temasek Holdings is likely to book a record S$300bn ($221bn) for the value of its portfolio, powered by gains in DBS Group and Chinese banks, while it steps up investment in tech startups. Temasek is a global investment company headquartered in Singapore. They are […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China continue, China will likely fade, but Asia/Pac could be trading weak near term. PE DJIA at 24456.48, +0.41% moved up, and while psych support 24000 holds see sideways trade within 24000-24750 before the DIA moves higher. Near term looks Bullish to me. DAX at 12496.17, +0.26% moved […]

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China continue, China will likely fade, but Asia/Pac could be trading weak near term. PE DJIA at 24356.74, +0.75% moved higher Thursday. While DIA trades above 24000 it looks Bullish to 24750-25000. DAX at 12464.29, +1.19% is up, while support at 12100 holds, DAX […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE DJIA at 24307.18, +0.15% is ranged within 24000-24500 now, while the daily trend support near 24000 holds, DIA has room on the Northside to 24750-25000 near term. But, a clear break below 24000 could push it to 23600-23200. DAX at 12238.17, -0.55% is trading near support, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE DJIA at 24271.41, +0.23% has risen, while the daily trend support at 24000 holds, the DIA could move up towards 25000. Near term looks Bullish to me. DAX at 12306, +1.06% is ranged within 12400-12100 now. A clear break below 12100 could take it to support near […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE DJIA at 24216.05, +0.41% bounced from Psych support at 24000, and while the daily trend support holds, there could be some Northside in DIA to 24750 and beyond. Or, a failure to hold above 24000 and may see 23600 soon. DAX at 12177.23, -1.39% looks Bearish […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE DJIA at 24117.59, -0.68% rose above 24500, came off and closed lower. DIA near 24000 is psych support which could hold then drive prices North. A clear break below 24000, then targets testing to 23600-23500. DAX at 12348.61, +0.93% is seeing its support hold, what […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Most world stock indices look Bearish near term. PE DJIA at 24283.11, +0.12% moved up a bit Tuesday. Psych support to watch is 24000 and next Key at 23600 which if hold may bring in another move North medium term, or DIA could remain Bearish for the next […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Indexes look Bearish in here. PE DJIA at 24252.80, -1.33%, and DAX at 12270.33, -2.46% came off sharply Monday. DIA may test 1st support at 24000 from where a corrective bounce back to 24750-25000 can happen. A break below 24000 could take the index down to 23200, Key support seen […]

Meituan-Dianping Massive China IPO

Meituan-Dianping Massive China IPO

Meituan-Dianping Massive China IPO Meituan-Dianping is a Chinese group buying website for locally found consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. CEO: Wang Xing (Nov 10, 2015–) Founder: Wang Xing Revenue: 6.42 billion USD Headquarters: Beijing, China No. of locations: 1000+ Subsidiaries: Mobike, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Looks like traders are for the most part factoring in that President Trump will in the trade negotiations. PE DJIA at 24580.89, +0.49% seeing good support at 24250 but overall there could be chances of a fall towards 24000 medium term. Near to medium term looks Bearish towards 24000 with […]

Trade Negotiations: Investors Agree, the US Will Win

Trade Negotiations: Investors Agree, the US Will Win

Trade Negotiations: Investors Agree, the US Will Win $DIA, $SPY, $QQQ, $RUTX, $N300, $VXX Trade disputes are good and easy to win. Chinese stocks weak American stocks stronger. That is the view from financial markets as the tariff dust-up between China and the US shows increasing signs of impacting stock prices. While broad measures of […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Perhaps the trade tensions are weighing on global investor sentiments leading to further declines, indexes still look Bearish to me in here.PE DJIA at 24461.70, -0.80% DIA may test to 24250 in here, and looks Bearish near term to me, unless that it closes over 24500, then it will head […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global equity indices still look Bearish in here.PE DJIA at 24657.80, -0.17% closed below 24700 Wednesday, if DIA fails to rise above 24700 again, the index could turn Bearish for a test to 24250-23750. DAX at 12695.16, +0.14% if DAX moves above 12700 near term, it could run […]

China Investment in USA on Hold

China Investment in USA on Hold

The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world’s two largest economies. Chinese investments totaled $1.8 billion from January through May, representing a 92-percent drop against the same period a year ago. That’s the lowest level in […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global equity indices still look Bearish in here.PE DJIA at 24700.21, -1.15% closed below the daily trendline support at 24750, and has opened the path  to 24000-23600 now. Unless we see an immediate bounce back above 24750 medium term is Bearish. DAX at 12677.97, -1.22% tested to 12600. […]

Noble Group Singapore on Path to Recovery

Noble Group Singapore on Path to Recovery

Noble Group Singapore on Path to Recovery Noble Group shares surged more than 50 percent Wednesday after the embattled commodities trader sealed a deal with a major investor, paving the way for a debt restructuring. The former stock market darling had been teetering on the brink of collapse after being hammered by plunging commodity prices, […]

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’

The Trump Effect: China’s Stock Markets Feeling ‘Extreme Pain’ $DIA, $SPY, $QQQ, $RUTX, $DJSH, $VXX Tuesday’s stock market plunge shocking Chinese investors. China’s benchmark equity gauge sank almost 5% at one point and by the close, the escalating tensions with the US pushed 1,023 stocks ‘lock limit’ down by 10% on the day, that is […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global equity indices look Bearish in here.PE Note: Shanghai has fallen breaking psych 3000 support indicating further Bearishness. Nikkei, Nifty and other Asian equity indices could follow. DAX and DJIA are also trading lower and could also be dragged down near to medium term. DJIA at 24987.47, -0.41%, […]

ASEAN to Grow as China Boosts Imports

ASEAN to Grow as China Boosts Imports

ASEAN to Grow as China Boosts Imports China has reassured the world that its stance on encouraging imports will not change, a major development strategy that will not only help domestic industrial upgrades but also stimulate global economic growth. A slew of incentives will be taken to further boost imports, the State Council, China’s cabinet, […]

China Economic Update

China Economic Update

While China’s May economic data suggested overall economic resilience, a glimpse into the physical indicators may provide more details of the positive changes taking place in the economic picture. Growth in energy consumption, freight traffic, and producer prices all picked up last month, pointing to a firming real economy and progress in structural transformation. In […]

Singapore Economic Outlook

Singapore Economic Outlook

Singapore Economic Outlook Enterprise Singapore, a government agency that champions enterprise development, announced on Monday Singapore’s non-oil domestic exports (NODX) grew 15.5 percent year on year in May. Singapore saw the NODX decline by a revised 3.1 percent year on year in March and rebound by 11.8 percent in April. The agency attributes the NODX […]

Asia Fears a Trade War

Asia Fears a Trade War

Fresh fears of a trade war between the world’s top two economies sent Asia markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports. Energy firms were among the biggest losers as oil prices plunged ahead of a key OPEC meeting, where Saudi Arabia and Russia […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global equity indices look Bearish in here. PE DJIA at 25090.48, -0.34% could test psych support at 25000 in here, a clear break below 25000 would be Bearish medium term. If 25000 holds, see another run at 25500. DAX at 13010.55, -0.74% came off from the close of 13107 seen […]

What it Means to Be King of Thailand

What it Means to Be King of Thailand

What it Means to Be King of Thailand Assets previously registered to Thailand’s Crown Property Bureau will now be held “in the name of His Majesty”, the bureau said on its official website Saturday, the latest shake-up in royal affairs under King Maha Vajiralongkorn. The Crown Property Bureau said its assets will now be “subject […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA not meeting expectations yet. PE DJIA at 25175.31, -0.10% has not broken above 25500 and look like it wants to test to 25000 in here, contrary to expectation of a rise to 25750 +. Now, the psych support at 25000 is Key, and a bounce from there could take […]

Real Estate Trouble in Hong Kong

Real Estate Trouble in Hong Kong

As housing prices spiral in Hong Kong, young professionals are living in ever-shrinking spaces, with box-like “nano-flats” and co-shares touted as fashionable solutions. Blocks of sleek miniature apartments packed with mod cons are springing up around the densely packed city, pitched as an attractive and more affordable lifestyle choice, but still at an eye-watering cost. […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing New. PE DJIA at 25320.73, -0.0062%, and DAX 12842.30, -0.0048% look stable with a slight dip from Tuesday’s marks Upside for DIA is open to 25750, while DAX could say stable this week. Note: Watch Key resistance  12900 and 13100 on DAX. Nikkei at 22934.58, +0.25% is up and […]

Expect China to Grow Faster

Expect China to Grow Faster

China should speed up economic upgrade and push industrial transfers in a reasonable and orderly manner, Chinese Premier Li Keqiang has stressed. Good business environment, rather than favorable policies, should be the key to win businesses in industrial transfers, Li said during a two-day inspection trip to central China’s Hunan Province, which ended Tuesday. He […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary:Major indices are mixed. DIA and Nikkei have room to rise in here while DAX, Nifty and Shanghai looks Bearish. PE DJIA at 25322.31, +0.023% and DAX at 12842.91, +0.60% moved up a bit. DJIA could rise further to 25750 while DAX sees 1st resistance at 12900, need a clear break […]

Smartphone maker Xiaomi Chinese Depositary Receipts (CDR)

Smartphone maker Xiaomi Chinese Depositary Receipts (CDR)

Smartphone maker Xiaomi on Monday became the first Chinese company to announce plans to issue securities on mainland China markets under a trial programme aimed at encouraging the country’s tech giants to list at home. Xiaomi, one of the world’s largest smartphone manufacturers that is planning a primary listing in Hong Kong, said in a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Major resistances are seen above current marks on the Nifty, Nikkei and DAX. Shanghai is trading at major support, and could break down or bounce up. DIA has room and looks Bullish in here. PE DJIA at 25316.53, +0.30% finished above 25250 Friday, it could move up […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall, global stock market indexes are mixed. DIA looks Bullish on a successful attempt to break out above 25250. DAX is stable near term. PE DJIA at 25241.41, +0.38% marked an intra-day high at 25326 and faded. This rise could turn Bullish for DIA to 25750-26000 near term. […]

Top MLM companies choose Thailand

Top MLM companies choose Thailand

The growth of Thailand’s direct selling industry seen by top MLM companies as a key factor that makes the country a hub for their corporate’s events. Later this year, more than 40,000 top distributors from overseas-based MLM companies will be coming to convene in Thailand. Meanwhile, Thailand Convention and Exhibition Bureau (Public Organization) or TCEB […]

Asian Markets Rally

Asian Markets Rally

Asian markets built on their latest rally Thursday as investors tracked another strong lead from Wall Street, with fresh upbeat US data reinforcing optimism in the global outlook, overshadowing simmering trade concerns. The euro also continued its recovery from last week’s Italy-fuelled plunge, with the European Central Bank’s top economist said it would discuss winding […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA broke out of Psych resistance at 25000 and held on the highs. PE Note: Major world stock indexes looking Bullish in here to me. DJIA at 25146.39, +1.40% broken above 25000, and sees next mark at 25250. This run, should the momentum gather and continue drives DIA […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA and DAX rises are possible but, it may be capped by 1st resistances. PE Note: DJIA and DAX face resistance just above current marke. A break on the up or a fall down drives the direction medium term. Nikkei is likely to be stable before falling sharply, Shanghai […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: On the DJIA, rise is possible but, it be capped by 1st resistances. PE DJIA at 24813.69, +0.72% move up to resistances at 24800-25000. Note: a clear break above or rejection here will be Key to drive the next direction. A break above 25000 will be Very Bullish medium […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary:Short term rise is possible in here, but may be capped by 1st resistances. PE DJIA at 24635.21, +0.90% is ranged within 24250-24800, and while it trades belos 24800, there is room to retest 24000-23750. While DIA trades above 24250 it may break above 24800-25000, this is needed […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Bears came out again Thursday. PE DJIA at 24415.84, -1.02%, now unless DIA breaks above 25000 it will be difficult to see any Bullishness medium term. While the psych resistance holds at 25000, DIA could be pushed down to 24000 again. Failure to move up and break above 25000 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Bears came out again Tuesday, and overdid it. PE DJIA at 24667.78, +1.26% there is the possibility that DIA does not mark 24250, and move North to 25000 +, this action will validate a triangle formation indicating medium term Bullishness triggerig a fresh up-move. Or, DIA could fall from […]

AirAsia and Tony Fernandes: Corruption in India and Malaysia

AirAsia and Tony Fernandes: Corruption in India and Malaysia

AirAsia and Tony Fernandez: Corruption in India and Malaysia In India The CBI alleges that in 2015-16, Air Asia lndia Limited (AAIL) had remitted about $1.8m USD to HNR Trading “for a sham contract on the basis of a bogus agreement on plain papers, which was used for allegedly paying bribe to unknown government servants […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Bears came out again Tuesday, and may have overdone it, we will see. PE DJIA at 24361.45, -1.58% broke South Tuesday to indicate further Bearishness to 23750. Near term resistance on the weeklies have held, and now the view is Bearish for now. DAX at 12666.51, -1.53% broke […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Bears came out again Monday might come today too, we will see. PE DJIA was closed Monday for Memorial Day. DJIA at 24753.09 opens Tuesday after being closed Monday. We wait to see when and if it breaks out of the it 24600-25100 range. DAX at 12863, -74.55, -0.58% fell some […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Bears came out Thursday, might come for food today too, we will see. PE DJIA at 24811.76, -0.30% down a little. DIA has to breaks its range of 24600-25100 to give us clues for direction. The DAX at 12855.09, -0.94%, a close below 12800 Friday would confirm the break of […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: The world’s major stock indices have Bullish look, but need to prove their strength near term, as the FOMC dovish minutes, sent the Bears away late in the day Wednesday. PE DJIA at 24886.81, +52.40, +0.21% marked a low at 24667 early Wednesday closing higher as the FOMC Minutes lowered the […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: The world’s major stock indices have Bullish look, but need to prove their strength near term, or the Bears could come in to feed. PE DJIA at 24834, -179, -0.72% was not able to hold above 25000 giving back Monday’s gainer.  Now, DIA has to break above 25100 it it […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Tuesday’s futures are in the Green. PE DJIA at 25013.29, +1.21% tested at 25086 intra-day. The break above 25000, if it holds, has turned DIA Bullish medium term for a move to 25600 and higher. DAX at 13077.72, -0.28% was closed Monday, but overall DAX looks Bullish to 13300-13400. the […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Monday’s futures are saying the market likes the US-China trade dealings. PE DJIA at 24715.09, +0.0045% has been ranged within 24700 recently. Resistance at 25200 has been holding well in here. There might be test to 24400 medium to long term while 25200 holds, on the other hand a […]

Markets Love the USA China Deal

Markets Love the USA China Deal

Asian markets rallied Monday and the dollar extended gains after the US and China said they had agreed to hold off imposing tariffs, averting a potentially damaging trade war. After high-level talks in Washington the two economic superpowers revealed a deal had been hammered out, ending months of tension that have sent financial markets into […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE DJIA at 24713.98, -0.22% is stable in here, and trading below the daily resistance. While that holds, a fall to 24380 is possible. Near term looks Bearish to me. DAX at 13114.61, +0.91% moved up nicely, and while above 12900 expect DAX to move to 13200-13300 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE Note: DJIA rebounded Wednesday, reclaiming about 50% Tuesday losses. DJIA at 24768.93, 0.25% marked a low 24629 Wednesday after fading from the 1st  resistance, and could continue to 24250 or move up to test at 25,000 in the next few sessions. DAX at 12996.33, 0.20% move up […]

Uncertainty Dominates Asian Trading Session

Uncertainty Dominates Asian Trading Session

Asian traders were biding their time in early trade on Thursday as a healthy lead from Wall Street was tempered by geopolitical concerns and caution ahead of high-level China-US trade talks. All three main US indexes finished in the green zone thanks to another positive round of economic indicators and corporate results. However, traders remain […]

AI: World Intelligence Congress

AI: World Intelligence Congress

Researchers, entrepreneurs, and policymakers gathered at the second World Intelligence Congress in north China’s Tianjin Municipality on Wednesday to explore the field of artificial intelligence (AI). The three-day conference, which kicked off on Wednesday, focuses on new development and policies in AI and gathers participants including tech firms like Baidu, Alibaba, JD.com, Microsoft, Huawei, and […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE Note: Almost all major world stock market indices tested resistances or are trading just below resistance. While they hold, there will likely be some correction in the equity indices near term. DJIA at 24706.41, -0.78% fell from the resistance I said Monday. If the fall continues, DIA […]

AirAsia May Not Survive Tony Fernandes Politics

AirAsia May Not Survive Tony Fernandes Politics

AirAsia May Not Survive Tony Fernandes Politics AirAsia Group Bhd looks set to sink well below the RM3 mark and may well trade in the RM1 to RM2 range long term, it is widely expected that links between the Company and ousted Malaysian Prime Minister will be investigated vigorously. Najib has faced not only a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA is set up to rally PE DJIA at 24899.41, +0.27% tested at 24994 intra-day, came off some. While the Key resistance on the daily holds, DIA may dip to 24750-24700 before taking another run at 25000, then higher. DAX at 12977.71, -0.18% may test 12900 before moving to […]

AirAsia Downgraded: Fernandes Support of Najib Will have Consequences

AirAsia Downgraded: Fernandes Support of Najib Will have Consequences

AirAsia Downgraded: Fernandes Support of Najib Will have Consequences Ongoing investigations are possible as the relationship between AirAsia, Najib and the Government will come under scrutiny in coming months. The Malaysian aviation regulator will investigate claims made by AirAsia boss Tony Fernandes that he had been “summoned” and told to cancel extra flights for last […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA is set up to rally PE DJIA at 24831.17, +0.37% is rising and could test 25000-25200 in here. But, 25200 may act as 1st resistance as I see it on the daily. A break above 25200 indicates more Bullishness medium term. DAX at 13001.24, -0.17% looks Bullish near […]

One Belt, One Road: China is Changing the World

One Belt, One Road: China is Changing the World

The ambitious multi-trillion-dollar Belt and Road Initiative (BRI) by China could become a great opportunity for the Gulf nations, according to Bahrain’s Minister for Transportation and Telecommunications Kamal bin Ahmed Mohammed. The Gulf region, which is a central location of the BRI, is a prime market for China and vice versa, he told the Gateway […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA is set up to rally PE DJIA at 24739.53 broke the range of 24000-23500, turning to the Northside, this could be a strong break and DIA could move to 25500 in the next 3 sessions. A sharp rally is on the cards medium term. US major market […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA is set up to rally PE DJIA at 24542.54, +0.75% has closed above 24500, breaking above the near term range. While DIA continues to rise, it could head to 25000 yet this week. DAX at 12943.06, +0.24% is in an uptrend headed to 13200 near term. Nikkei at […]

Things are Good at Softbank

Things are Good at Softbank

Japanese telecom giant SoftBank on Wednesday reported a surge in its annual operating profit, driven by the increasing value of its Vision Fund and robust performances from its telecoms units. Full-year annual operating profit was up 27.1 percent to 1.3 trillion yen ($11.8 billion), while sales rose 2.9 percent to 9.16 trillion yen. The firm […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA setting up for a rally? PE DJIA at 24360.21, +0.012% is stable trading just below 1st resistance at 24500. While that holds, DIA could  come off to 23750-23500, but a clear break above 24500 indicates Bullishness medium term. DAX at 12912.21, -0.28% looks Bullish in here, and could […]

Philippines: Ayala Outperforms

Philippines: Ayala Outperforms

Property giant Ayala Land Inc. grew its first quarter net profit by 17 percent year-on-year to P6.52 billion, driven by the double-digit expansion of the residential development and commercial leasing businesses. Total revenues also increased by 17 percent year-on-year to P36.98 billion, Ayala Land disclosed to the Philippine Stock Exchange on Tuesday. Property development revenues […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA setting up for a rally? PE DJIA at 24357.32, +0.39% moved up Monday. Looking at the 3-day candle the fall from marks below 26800 on 18 January has been correcting, and the trading range has been in a contraction mode. Note: DJIA is trading in the last […]

Strong Corporate Results in the Philippines

Strong Corporate Results in the Philippines

Ayala-led Bank of the Philippine Islands (BPI) chalked up P6.25 billion in net income for the first quarter, flat versus the same period last year, on higher expenses from technology investments and rollout of microfinance branches. For the first quarter, however, BPI’s net profit exceeded the P5.9-billion bottomline level both reported by industry rivals BDO […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Looking at the major US stock market indexes technically Last week we saw break North off of support in the patterns or at the trend-lines. Volume just OK, good breadth on the move. Let’s see if  they can hold the moves. DJIA marked a doji Thursday […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Japan is off  it’s holidays, and back in the action. PE DJIA at 24262.51, +1.39% moved up from support at 23500, while that holds, there is room for DIA to rise to 24400 now. The overall range is within 24400-23500, and expect it to hold medium term. DAX at […]

ASEAN Economy Update

ASEAN Economy Update

Asian partner countries have vowed to push back against protectionist measures that they warned could derail world economic recovery. “We… recognize the importance of resisting all forms of protectionism,” they said in a joint statement issued at the 21st Asean+3 Finance Ministers’ and Central Bank Governors’ Meeting in Manila. Asean+3 refers to South-east Asia’s 10 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Japan is on Holiday. PE DJIA at 23930.15, +0.022% came down to test Key support 23500 and bounced sharply to close at 23930, there is buying pressure 23500-23750 levels. The narrow range of 23500-24000 may continue Friday before a sharp breakout on either side if the formed up […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The FOMC kept rates unchanged. News states that the introduction of the word “symmetric” in the statement to define the inflation goals could be taken in a way to understand that the Fed would let inflation overshoot its target, and? PE DJIA at 23924.98, -0.72%, came off 174 pts, but […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Asian and EU markets are open. PE DJIA at 24099.05, -0.27% seeing strong bids near 23750 and while that continues, DIA could drive 24750-25000. Overall, near term looks neutral to Bullish while trading above 23750. DAX at 12612.11, +0.25% moved up as expected, and re-test major […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Sing. closed for holiday. PE Thin Holiday trading in Singapore and the rest of Asia today suggests liquidity will be tight. But, with headline risks growing, traders will be focused and not far from their desks. Global equity sentiment is a bit shaky as concerns over […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA needs to move break out in here.PE DJIA at 24322.34, +0.99% and Dax at 12500.47, +0.63% have both risen from prior levels against my expectations. On DJIA 23500-23550 is Key, and a sharp rise is needed to drive the index higher medium term, or the DIA is […]

A New Round of Growth is Coming to China

A New Round of Growth is Coming to China

China has moved to support the issuance of rental properties-backed securities to help finance a burgeoning rental housing market, a crucial part of its planned policy package that aims to stabilize the real estate sector. The real estate investment trust (REIT), a means of property asset securitization, will be piloted for developers to raise funds, […]

Tax Cuts Power Up Economy in China

Tax Cuts Power Up Economy in China

China will make further tax cuts worth over 60 billion yuan (about 9.5 billion U.S. dollars) to drive innovation and entrepreneurship and boost the development of small and micro businesses, a State Council executive meeting presided over by Premier Li Keqiang decided on Wednesday. The move aims to reduce the cost for innovation and entrepreneurship, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA near term looks Bearish.PE DJIA at 24083.83, +0.25% and while the index trades below 24500, 23250 and 23200 open targets. DAX at 12422.30, -1.02% is down, and may come off to 12100 if it does not bounce immediately from 12300. Note: ear term looks Bearish for […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA near term looks Bearish.PE DJIA at 24024.13, -1.74% fell sharply Tuesday contrary to my expectation of moving up from 1st support at 24300. Now, a fall to 23500-23200 is possible this week. Near term looks Bearish to me. DAX at 12550.82, -0.17% is down a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Still see more Northside seen for DJIA after a pause to refresh. PE DJIA at 24448.69, -0.058% finished  higher after marking a low at 24324 Monday. The 21-Day MAat 24300 looks like good near term support, which could drive DJIA to 24600-24700. Overall see Dow ranged within 24700-24300 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Still see more Northside seen for DJIA after a pause to refresh. PE Note: Nearly all major stock market indices seeing 1st resistances, and could either remain stable, crack or break them or dip in here. DJIA at 24462.94, -0.82% came off Friday but while DJIA trades above 24250 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Still see more Northside coming for DJIA after a pause to refresh. PE Note: A pause in the momentum indicates that the DJIA may see a dip in here. DJIA at 24664.89, -0.34% is currently trading near important marks, it is important to see if DJIA comes off […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Still see more Northside coming for DJIA after a pause to refresh. PE DJIA at 24748.07,-0.16% looks like it has paused in here. But, it will likely test at 25000-25500 medium term while it holds above Key support at 24500 support. Overall medium term looks Bullish for DJIA […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Still see more Northside coming for DJIA in here. PE DJIA at 24786.63, +0.87% continued to rise as expected, while it trades above 24500 there is room to rise to 25000-25200 into the end of this week or early next. We wait, we see. DAX at 12585.57, […]

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