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, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Seeing more Northside coming for DJIA after trading lower to sideways for the past several weeks. PE DJIA at 24573.04, +0.87% Monday broke above Key resistance at 24500, if that holds, a move to 25000-25200 or higher is seen in here. Near term is Bullish, as long […]

China Keeps Investing at a Global Level

China Keeps Investing at a Global Level

China’s non-financial outbound direct investment (ODI) continued to see double-digit growth in the first quarter of the year, official data showed Monday. Domestic investors made 25.5 billion U.S. dollars of non-financial ODI in 2,023 overseas enterprises in 140 countries and regions for January-March, the Ministry of Commerce (MOC) said. The figure was up 24.1 percent […]

Private Business Powers China

Private Business Powers China

The private sector has played a significant part in the long-term rapid development of the Chinese economy, the statistics authority has said. The number of private industrial businesses with annual turnover over 20 million yuan (3.18 million U.S. dollars) stood at 222,000 in 2017, up 17.5 percent from five years ago and accounting for 57.7 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stock indices see more Northside in the coming sessions after trading lower to sideways. PE DJIA at 24360.14, -0.50% and DAX at 12442.40, +0.22%) saw highs above 1st resistances on daily candles Friday. A clear break of those resistances could lead to 25000 and 12800-12900 respectively. But, if […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stock indices see more Northside in the coming sessions after trading lower to sideways. PE DJIA at 24483.05, +1.21%, and DAX at 12415.01, +0.98% have moved up, and now have important resistances just above current marks. At this writing the futures are flat to unchanged. Note: […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stock indices see more Northside in the coming sessions after trading lower to sideways. PE DJIA at 24189.45, -0.90% is trading below 24500 as expected and continues ranged for now with support at 23500. No major movement expected at least in the next 2-3 sessions. DAX at […]

Wealth Management 

Wealth Management 

Wealth Management HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Real Estate, Mining, Retail, Transport and Agriculture that span every continent of the world. Our partners have unprecedented experience in Equities, Banking, Private Equity, Trading and Funds Management. Managing and Protecting wealth for our clients […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stock indices see more Northside in the coming sessions after trading lower to sideways for sometime. PE DJIA at 24408, +1.79% rose sharply to close on the highs. Sideways consolidation is likely to continue for some more sessions with a possible test to 1st support […]

President Trump Posts ‘Big Win’, Xi Aligns

President Trump Posts ‘Big Win’, Xi Aligns

President Trump Posts ‘Big Win’, Xi Aligns $SPY Tuesday, Chinese President Xi Jinping promised to open the country’s economy further and lower import tariffs on products including cars, in a speech seen deescalating trade dispute with the United States. Xi’s comments sent global stock markets higher on hopes that a trade war is averted. Xi […]

China Ready to Grow with or without USA

China Ready to Grow with or without USA

Chinese President Xi Jinping unveiled new measures for expanding reform and opening up Tuesday as China marks the 40th anniversary of the policy this year, heralding “a new phase of opening up” for common prosperity of both China and the world. “China’s reform and opening up meets its people’s aspiration for development, innovation and a […]

Xi Speaks, Stock Bulls Listen: Risk is On Globally

Xi Speaks, Stock Bulls Listen: Risk is On Globally

Xi Speaks, Stock Bulls Listen: Risk is On Globally $DIA, $SPY, $QQQ A new era in the Age of Prosperity is seen Appetite for risk on is strong Tuesday morning, as Chinese President Xi Jinping offered plans to further open up the 2nd largest economy. Xi’s public speech at the Boao Forum came days after […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 23979.10, +0.19% has been trading within the 23300-24500. The upper mark a 24500 may gradually come down to narrow the trade range to 24250-23300 in the next 3 sessions. DJIA may spend another week in that range before trying to break North […]

Interview with AP (Thailand) PLC (SET:AP) Chief Executive Officer

Interview with AP (Thailand) PLC (SET:AP) Chief Executive Officer

AP (Thailand) PLC (SET:AP) Chief Executive Officer, Mr. Anuphong Assavabhokhin discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestor.com. TET: Who are AP’s target customers today? The main mission of AP (Thailand) PLC, Thailand’s real estate developer, is to deliver good living quality in all aspects. Our main target customers are […]

Us China Trade War

Us China Trade War

Escalating trade tensions between China and the US is one of the most closely followed issues during this year’s Boao Forum. Some are worried that Chinese tech companies, fintech in particular, will be hurt by Trump’s actions but Dong Qi, founder and CEO of Finup Fintech Group, does not think that the trade conflict will […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 23932.76, -2.34% came off sharply Friday after seeing a 2-day bounce from near 23500. Overall the trade region is narrowing within 24300-23300 and DJIA will soon break on either giving us more clarity about direction medium term. DAX at 12241.27, -0.52% […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Overall, the Bulls could move higher in the next 2 weeks. Expect continuing volatility in that frame. PE DJIA At 24505.22, +0.99% saw a sharp bounce from 23500, keeping our earlier mentioned 23500-24500 range intact. Trade zone is narrowing within trendlines as indicated on the daily candles. A […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Overall, the Bulls could move higher in the next 2 weeks. Expect continuing volatility. PE DJIA at 24264.30, +0.96% saw huge intra-day volatility Wednesday. 1st it fell to a low of 23523.16, but recovered steadily to close higher on the day. This has been the 4th test […]

Full Trade War Begins

Full Trade War Begins

Stocks are down across Europe and in pre-market trading on Wall Street after China announced retaliatory tariffs on American imports. Before the opening bell, the S&P is down 1.7 percent, with the Dow and the Nasdaq over 2 percent lower. A loss of each percent in American indices means losing billions of dollars in value […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Overall, the Bulls could move up more in the next 2 weeks. Expect continuing volatility. PE DJIA at 24022.36, +389.17, +1.65% Tuesday recouping the losses seen Monday. This is in line with my view of near-term range trade between 23500-24500. The DAX at 12002.45 trading in a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 23644.19, -1.90% came off in line with my expectation to below 24000. As mentioned yesterday, near term is likely to be ranged in the 24500-23500 region. The longer term, there could be chances of breaking below 23500-23000, we will wait and see. DAX […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 24103.11, +1.07% is up some, overall trade within 23500-24500 is likely to continue near to medium term. DJIA could see some rejection at 24500, which may push it to 24000 or lower. DAX at 12096.73, +1.31% is trading within the channel region of […]

Traders Like Volatility, Investors Like Strong Earnings

Traders Like Volatility, Investors Like Strong Earnings

Traders Like Volatility, Investors Like Strong Earnings $DIA, $SPY, $QQQ, $VXX Stock investors are hoping a strong earnings season to restore the optimism that characterized equity markets last year. Traders are happy given the surge in volatility this year Analysts predict strong results results ahead with Q-1 S&P 500 profit growth on track to be […]

Baidu, Inc. (NASDAQ: BIDU) Fire Up iQIYI, Inc IPO

Baidu, Inc. (NASDAQ: BIDU) Fire Up iQIYI, Inc IPO

Baidu, Inc. (NASDAQ: BIDU) (“Baidu”), the leading Chinese language Internet search provider, today announced the pricing of the initial public offering by its subsidiary iQIYI, Inc. (“iQIYI”) of 125,000,000 American Depositary Shares (“ADSs”), each representing seven Class A Ordinary Shares of iQIYI, at a price of US$18.00 per ADS for a total offering size of […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE Thursday, 29 March marks the final day of trading for the Week/Month/1st Quarter of Y 2018. Heading into the final trading day of the Quarter, the S&P 500 is down 2.5% YTD, the DJIA is down 3.5% YTD, and the NAS Comp is still up […]

China Tax Cuts Will Lift Economy

China Tax Cuts Will Lift Economy

China will cut value-added tax (VAT) rates as part of a tax reduction package amounting to 400 billion yuan (about 63 billion U.S. dollars) this year. The decision was made at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday. It is expected to boost high-quality development. The tax rate, starting from […]

China Makes a Move on World Markets

China Makes a Move on World Markets

The historic launch of the long-awaited trading of Chinese crude futures this week has stirred up a heated debate among analysts as to whether the new commodity product will prosper or flop. Some market analysts expressed doubts over the success of the petro-yuan, citing Beijing’s yearning for total control over trading as one of the […]

Chengdu Hi-Tech Zone

Chengdu Hi-Tech Zone

Chengdu Hi-Tech Zone On March 27th, Chengdu Hi-Tech Zone, Silicon Valley city clusters (Dublin, Mountain View, and Menlo Park), and Him Group, a management consulting company in Silicon Valley, signed a Memorandum of Understanding on cooperating to set up the “Chengdu-Silicon Valley Technology & Finance Centers” both in Chengdu Hi-tech Zone and Silicon Valley, aiming […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 23857.71, -1.43% attempted a rise but could not hold. DJIA fell back to 23700 Tuesday, re-testing near term support. Watch price action here as a break or bounce from current marks will decide the direction. DAX at 11970.83, +1.56% bounced from 11700 as […]

Selloff in Tech Dragged Broad Market Lower

Selloff in Tech Dragged Broad Market Lower

Selloff in Tech Dragged Broad Market Lower $DIA, $SPY, $QQQ, $VXX US stocks came under pressure in late-afternoon trade Tuesday, as a selloff in the technology sector weighed on Wall Street equities as the market prepares for the Month/Quarter end Squaring. A selloff in technology shares drove US equity indexes lower, with losses accelerating late […]

SMIT Holdings Limited (2239.HK) Strong Results

SMIT Holdings Limited (2239.HK) Strong Results

Highlights  Benefiting from the new businesses of O2O smart terminals and blockchain servers, revenue of the Group increased by 55.3% to USD91.8 million and profit surged 48.0% to USD11.1 million The CAMs business recorded stable performance in general. Orders from the European markets increased significantly, attributable to economic recovery across the region. Most emerging markets, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Most major indices are in a recovery mode now. PE DJIA at 24202.60, 2.84% finished sharply higher Monday and could test 25000 in the next few sessions. A fall back below 23500 would then make DJIA vulnerable to a sharper fall medium term. 25000-24000 may be […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 23533.20, -1.77% looks weak below 24000. There could be some recovery to 24000-24500, but overall I see a move to 22500 for a while. A rise above 24500 negates any South move taking DJIA back up. Watch its price action around 24000. DAX […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 23957.89, -2.93% fall sharply, the sharpest fall since February 2018. This puts DJIA in the correction region and while DJIA trades below 24000, it now looks Bearish  medium term targeting 22000. DAX at 12100.08, -1.70% tested to 12100 Thursday. DAX looks […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: FOMC 25 bpts was price in to DJIA, Fed on Dovish side for the future. PE DJIA at 24682.31, -0.18% was not able to decide on which direction to take Wednesday. While DJIA trades below 25000 it looks Bearish to me, targeting 24400. DAX at 12309.15, +0.01% has […]

Abu Dhabi to Combine Sovereign Wealth Funds Creating $250-B ‘Behemoth’

Abu Dhabi to Combine Sovereign Wealth Funds Creating $250-B ‘Behemoth’

Abu Dhabi to Combine Sovereign Wealth Funds Creating $250-B ‘Behemoth’ Together Mubadala and Abu Dhabi Investment Council will be the world’s 11th largest sovereign wealth fund. The UAE emirate of Abu Dhabi is to combine two of its largest sovereign funds to create a behemoth with estimated assets of nearly $250-B. UAE President and Abu […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: FOMC 25 bpts prices in to DJIA. PE DJIA at 24727.27, +0.47%, and DAX at 12307.33, +0.74% were up Tuesday. DJIA looks Bearish, while trading below 25000 now, while DAX may come off while trading below 12500. The rejection from 12500 has not produced a sharp […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary Monday, here was volatile price action overnight. While international trade relations and the FOMC continue to be the focus, markets took note of positive news regarding Brexit, yet another possible ECB policy shift and a tech-driven technical fall in the US and global equities markets. The […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 24946.51, +0.29% has stalled at 25,000, Key resistance. While there is medium term resistance here, there is also near term support too. If that support breaks DJIA could be Bearish for this week targeting to 24500-24000. DAX at 12389.58, +0.36% is trading […]

Unicorns in China

Unicorns in China

The “Unicorn” has become a much chased creature in China’s investment world. In recent weeks, the country’s regulators signaled that they would fast-track new listings by “unicorn companies” — startups valued at more than 1 billion U.S. dollars — to “invigorate the country’s capital market and foster the new economy.” The Shanghai Stock Exchange, for […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 24873.66, +0.47% is trading within the 25500-24500 range, and could move on either side early next week. While below 25500, there is the chance of testing to 24000. A clear break above 25500 will trigger a rise to 26500 medium term. DAX […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 24758.12, -1.00% looks Bearish in here, and could easily break below 24500. The Key resistance at 25,500 looks to be holding well if so, DJIA may come off to 24000 over the next few sessions before we see a bounce. DAX at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 25007.03, -0.68% is trading at Key resistance now. Resistance 25200 on the 3-day candle is holding well and there is room for a fall to 24400-24000 medium term. While DJIA trades below 25500, my view is Bearish towards 24000 in here. DAX […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new. PE DJIA at 25178.61, -0.62% dipped instead of moving higher to 25500. Trade within 25000-25500 is likely to be seen in here. DAX at 12418.39, +0.58% moved up in line with expectation, but may pause in the 12400-12550 zone now. If no rejection is […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Overall major stock indices are trading higher. PE DJIA at 25335.74, +1.77% moved North in line with my expectation and may test 1st resistance at 25500. If that holds, a  dip back to 25000-24500 is possible, or a break above 25500 could be Bullish DJIA to […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary:Nothing new. PE DJIA at 24895.21, +0.38% moved up Thursday and is heading to my near term target at 25500. While DJIA holds above support at 24500, near term looks Bullish to me. DAX at 12355.57, +0.90% closed above resistance at 12300, while DAX holds above 12300, the […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Many of the world’s major stock indices are testing 1st resistance as seen on their daily candles. While the resistances hold, the indexes may come off near term. My view in here is Neutral Bearish. PE DJIA at 24801.36, -0.33% marked a low of 24535 Wednesday, and […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 24884.2, +0.04% is holding above 1st support at 24500, while that holds, a rise to 25500 or higher is possible now. Note: pre-market futures are showing 360 pts lower near 24,494 on news of the resignation of Gary Cohn, President Trump’s National Economic […]

Singapore: Cellos Q4 Newsletter Questioned

Singapore: Cellos Q4 Newsletter Questioned

Ousted Chairman Jason Huber FCPA has raised some questions in his latest letter to members of the Class Action Group. From Jason Huber No doubt you have seen the Q4 newsletter published by Janifer Yeo Tan and her newly promoted CEO Suraj Prasad, recently replacing Kamlesh Patel who conveniently left the Cellos in August last […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 24874.76, +1.37% moved up from 1st support instead of moving down to test lower supports near 24000-23600. The Northside could be limited at 25000-25200 medium term and an eventual test of 24000 is possible longer term. DJIA looks Bullish to me. Note: While […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 24538.06, -0.29% has support in the 24000-23600, which is likely to test now. The support seen on the 3-Day candle is likely to hold medium term, pushing back DJIA to 25200. For now DJIA looks Bearish to 23600. DAX at 11913.71, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN In Thursday’s very early briefing I said: DJIA at 25029.20, -1.50% has fallen exactly as expected and a fall below 25000 could open up further testing to 24800-24500 medium term setting the index up for the next strong leg in the continuing rally. Then we saw what has been dubbed […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 25029.20, -1.50% has fallen exactly as expected and a fall below 25000 could open up further testing to 24800-24500 medium term setting the index up for the next strong leg in the continuing rally. DAX at 12435.85, -0.44% seen trading within 12400-12600 for the rest […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 25410.03, -1.16%, and DAX at 12490.73, -0.29% dipped Tuesday Vs my expectation of further gainers. DAX could test 12400 while below 12600 as mentioned yesterday while DJIA could re-test 25000 near term. Nikkei at 22309.05, -0.36% has come off, and and see a move to […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 25709.27,+1.58% moved up breaking above 25500 and should likely recover to 26500+ in here. Near term looks Bullish with a test of previous highs near 26700. DAX at 12527.04, +0.35% tested at 12600, and if that holds, DAX could fall back to 12400 in the […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 25309.99, +1.39% is trading below interim resistance at 25500. A clear break above 25500, if seen could take it to 26000, or a fall back to 24400 or lower. DAX at 12483.79, +0.18% is trying to move to 12600 resistance, which is likely to hold […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: This global dip, sans Shanghai, may continue for 2 more of sessions before bouncing.PE DJIA 24962.48, +0.66% moved up 166 pts Thursday, contrary to my expectation of testing to 24500-24000. Overall, trade within 25500-24500 looks possible in the coming sessions. DJIA looks Bullish to me. DAX at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: This global dip, sans Shanghai, may continue for 2 more of sessions before bouncing.PE DJIA at 24797.78, -0.67% is holding below the 21-day MA on the daily lines charts. So, while the Southside momentum continues, a test to 24500-24000 looks possible now. DAX at 12470.49, -0.14% […]

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