$DIA $SPY $QQQ $RUTX $VXX Last Week’s Action The large-cap indexes were lower Thursday, and flat Friday. On the week though the S&P 500 (+3.2%), DJIA (+3.3%), and NAS Comp (+3.4%) rose 3%+, and the small-cap Russell 2000 climbed 7.8%. The Bulls are in charge. Technical Analysis S&P 500 broke higher Wednesday, opened lower Thursday and […]
I 1st wrote about this in late March of Y 2009, then again in April 2013 and now again in April 2020 saying this again and again, “more money is likely made from Bull Markets than any other market action. Careful investing in Bull Markets is the Key to long term investment success.” I am […]
$GC $XAU $GLD Just in: Gold rose more than 1% Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot gold was up 1.4% at 1,592.83 per ounce by 0730 GMT, having slumped 3.1% in the prior session on a […]
$GLD $XAU $USD Gold markets rallied Thursday, but there is selling pressure clusterer above. The market contmay inue to struggle with the notion of safety, and of course gold is 1 of the 1st places people look. USD has not been hit, that puts more upward pressure on precious metals in general. If USD started to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Market Summary: This long Bull Run still looks look strong, and here is why: Stocks bypassed a soft open Thursday and gapped North. Small and mid-caps joined the large-caps in achieving strong breaks higher. The economic data showed renewed promise. Options expiration Friday came and went. A long weekend came […]
$DIA $SPY $QQQ $RUTX $VXX Y 2020 extended Y 2019 action as the big tech names led and the smaller-caps lagged. While the S&P 500’s valuation chart may be giving some investors flashbacks to the Y 2018 market meltdown, the Bulls are resolute. Corporate earnings are expected to fall for a 2nd Q running, as […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Late Friday US stocks came off from record-high marks as investors took profit and data showed slower-than-expected December US jobs growth, but the major indexes posted gainers on the week. Domestic jobs increased by 145,000 last month, below the forecast for a 164,000 rise, the US government data showed, as the pace […]
$DIA $SPY $QQQ $RUTX $APPL $VXX The Y 2020 started off with a Y 2019 flavor as the big names led and the smaller-caps lagged. Chinese stimulus got some credit for the gains, but there is no doubt that new money was put to work as the volume rose to solid marks. Buyers want stocks, […]
$GLD, $XAU Gold futures traded higher late Thursday despite extremely low volume. Traders are saying the market is being underpinned by the lack of details over the US-China trade deal, and the political uncertainty in Washington. The low volume is being attributed to position-squaring ahead of the Christmas and New Year holidays. At 20:35 GMT, February […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, US financial markets suffered a trade-related happening on concern The Trump Administration may move to limit US investment in China, a move sure to raise tensions. The S&P 500 turned lower after it was reported that officials are discussing ways to restrict portfolio flows into the world’s 2nd-largest economy. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX At the close: DJIA -142.22 at 26807.77, NAS Comp -118.84 at 7993.62, S&P 500 -25.18 at 2966.64 US stocks fell Tuesday, as investors shunned risk following a decline in consumer confidence, and a hard-lined speech from President Trump. The S&P 500 (-0.8%) and DJIA (-0.5%) declined less than 1%, while the NAS Composite (-1.5%) and Russell […]
$DIA, $QQQ, $SPY, RUTX, $VXX President Trump Tweeted: “Fed, Powell ‘Fail Again’”After FOMC Rate Cut The Fed cut interest rates for the 2nd time since July, and it was not enough for President Trump. President Trump assailed policy makers just mins after their decision Wednesday to cut the benchmark interest rate by 25 bts. “Jay […]
$XAU, $XAG Special Report: Gold, How To… With gold prices up about 20% YTD signs of a global growth slowdown and geopolitical tensions, precious metals are getting a close look from investors seeking insurance for their individual retirement accounts. That is real, physical gold and silver coins or bars, not the precious-metals ETF’s or mining-company […]
For those of you serious about trading for a living, the following is a list of characteristics found in every highly successful trader. Realize that 1% of the people who play this game take 99% of the profits. That means 99% of people who call themselves “traders” are giving over all their money to the […]
$BTC, $BTCUSD The bitcoin market has been consolidating for several weeks and the volume and price volatilities are coming to a head. The price is beginning to narrow between heavy resistance and macro support and soon either the Bulls or the Bears will give way. As we draw near the monthly candle close, we can […]
$XAU $GLD The gold price market technicals and fundamentals are aligned in here. The precious Yellow metal is up about 17% YTD, and that is up nearly 28% from this time last year. With prices back at $1,513 oz, some investors and market watchers are back to looking for Northside marks at $1,800 – 2,000 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week the market was in consolidation mode and tested the 50-Day MA’s and bounced and… Employment report showed solid jobs growth in July Major averages found buying support at 50-Day MAs INDUSTRY WATCH Strong: Real Estate, Utilities, Consumer Staples Weak: Information Technology, Energy, Materials The CBOE Volatility Index has […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Positive finish to a positive week. Again, the longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear is your friend, and you saw it […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear is your friend, and you saw […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 ended just in The Green Tuesday as gains in tech-related shares offset fresh worries about the impact of the US China trade dispute on earnings and the Fed on interest rates. USTR Lighthizer and Treasury Secretary Mnuchin spoke to China’s Vice Premier Liu He Tuesday. Market reaction […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: More than anything else, the longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear is your friend, […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $XAU, $GLD, $RUTX, $VXX FLASH: Last week we saw Wall Street stocks and Gold rally finishing a super June as the market climbed a wall of worries. The stock market has rallied significantly over the past 6 months. The Big Q: Is this Bull Run sustainable? The stock market has rallied […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $XAU, $GLD, $RUTX, $VXX FLASH: Last week we saw Wall Street stocks and Gold rally hard finishing solid on Quad Witching on the Fed’s Dovish policy position declared Wednesday afternoon. We are in the 2nd longest Bull Market in history that began precisely at 1:00p ET on 9 March 2009, and according […]
$SPY, $BLK In a report, the majority of BlackRock Inc.’s (NYSE:BLK) Top decision-makers had a simple conclusion after gathering in London last week: A supportive backdrop for risk assets probably has “room to run” for at least 12 more months. Senior leadership at the world’s largest asset manager cited easy monetary policies and few signs […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $XAU, $GLD, $RUTX, $VXX FLASH: Last week we saw Wall Street stocks consolidate on light volume and the Fed signaled ‘Got Gold’ Mr. Market started seriously pricing in the possibility of interest rate cuts. To be fair, the signal came from the Top of the economic politburo that matters that being […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Last week we saw the best market week YTD This is another important week on Wall Street, after last week of released negativity, we will see how much power is left. The pattern suggest a roll over in here, but the Fed could/can/will change that. Expect Fed speakers to […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Friday saw S&P 500 and NAS break. Already Bearish in the rollovers, Friday they gapped below the 200-Day SMA. Broke the neckline in the head and shoulders Wednesday, held the 200-Day SMA that session and Thursday, ready to bounce. Then the next bad news and the 200-Day SMA […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: World stock markets were subdued as the US and UK exchanges were shuttered for national holidays. DJIA futures rose Monday night, along with S&P 500 futures and NAS futures. President Trump said Monday that Beijing “would like to make a deal,” but “we’re not ready” for a China trade […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Some analysts think there may not be enough leadership to move the market higher now. Savvy money is playing quality to the Northside. At the same time there are good Southside setups that we are watching carefully for the break South Southside action delivers fast gainers, but what falls […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US-China Trade News is now Old News, and No Deal makes No Difference, the Fed is the Key to stock action, buy the dips. Watching the Fed, and without a trade deal the fear of a slowdown will keep the Fed patience mode. The President and the Wall Street […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, The US stock market was primed to rebound, it rebounded. Earnings are just ahead and if stocks continue to the Northside as they have on this bounce then the lowered estimates might not be a plus. So, for now savvy players will be playing the bounce, because the selloff was […]
$BTCUSD ‘Capitulation’ is Bitcoin (BTC) investors word of the year. Bitcoin rose to $20,000 and fell to $3,700 the market is open at the time of this writing leaves players wondering if Y 2019 is a Year for Bulls. Bitcoin is a new, low volume asset class trying to gain traction, as the fundamentals play […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: Over 20% of S&P 500 companies have reported, 72% have beat The Street estimates Market is concerned about the Fed overreacting, as it always does. China’s economy is in decline Halloween Market Week: Tricks & Treats The US stock market’s technical indicators suggest […]
F1: Ferrari (NYSE:RACE) Returned to Form at US Grand Prix $RACE Ferrari’s F1 Racecar: The Technical’s Ferrari’s return to form at the US Grand Prix after a period in irons may have come too late to save Sebastian Vettel’s title campaign, but the removal of recent updates at least showed the team where the problem […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: 20% of S&P 500 companies have reported, 70% have beat The Street estimates The S&P 500, DJIA and NAS Comp held their 200-Day SMA’s Friday Market is concerned about the Fed overreacting, as it always does. China’s decline is feared, may decline further, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, earnings season starts in earnest For now traders are playing an oversold bounce. But, if this is a relief move, the later you enter, the worse risk/reward. So, be selective if you are adding more bounce plays. Also, look at some areas receiving […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Columbus Day in the USA, Banks are Closed, Market is Open The market’s focus this week: Earnings Yes, it is earnings reporting season again, this frame always commands a great deal of attention because earnings drive stock prices over the long term. To that end, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week: new money, earnings season, and the jobs report Friday. September was not a Southside month this year, solid but not huge. So many participants are expecting a selloff in October. It may happen, though it did not happen last year after a […]
Canadian mining giant Barrick Gold has bought Africa-focused rival Randgold Resources to create a global industry champion worth $18.3 billion, the pair said on Monday. The blockbuster all-share deal was described as a merger but is effectively a takeover because Barrick investors will own a majority 66.6-percent stake. Randgold shareholders will hold the rest. The […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week FOMC meets on Tuesday and Wednesday to talk a rate hike and more trade issues with China, Canada, and the EU. The heavy pressure is on China now. Then there is The Trump Administration’s feelings toward social media and WH […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, lots more US economic data this week. We will see the Empire PMI Monday and the Philly Fed Thursday. Housing starts, Existing home sales, Leading indicators also this week. The the major US major stock market indexes continue to trend higher and in the face […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Lots more US economic data this week. Consumer credit, Small business sentiment, PPI, CPI, Fed Beige Book, retail sales, Production plus. The CPI is watched because of the FOMC and its rate hiking. Retail sales are watched as a barometer of the consumer, though inflation as we know […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The US markets will be closed Monday in celebration of Labor Day. Last Friday’s Wall Street action ahead of an extended Labor Day weekend was eventful in terms of trade-related headlines, but an uneventful one for the major US major stock market indexes averages, which […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Up this week: US Consumer Confidence, 2nd GDP read, Personal income and spending, Chicago PMI. Classic Fed interest rate moves miscalculations is always cause for concern, as the Fed is making its same mistakes: it sees an overall still strong economy, stocks still strong, and it ignores […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, so lets look at the technicals DJIA leads as money rotates form tech’s to its blue chips Tech leaders topping, the rotation allows the move to continue; some leaders will soon drop out. DJIA: Thursday the DIA finished solidly higher, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, just as Key economic data coming up. This week we have: retail sales, Empire manufacturing and Philly Fed, industrial production and capacity, housing starts, leading indicators, and MSI. Data is important as it is important the US economy remain […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, the big cap indexes are set up well. The small and mid-caps are near the old highs and testing. Earnings are set up, ready to drive this market North. The Technicals DJIA: The DIA struggled more on the trade issues than did the S&P […]
Bitcoin (BTCUSD) Technicals Point to a Rally $BTCUSD The DMI or Directional Movement Index, shows the direction of a price trend by charting the divergence between positive and negative marks. According to the indicator, Bitcoin is experiencing the largest divergence since the run-up from October to December of last year. The strength of this move […]
Bursa Malaysia Bhd (BMYS:KL) Mahathir’s economic vision a hard sell for investors Malaysia’s stock market may be set to repeat the market sell-off in 2015 as trade friction between United States and China escalates, say analysts. They, however, kept optimistic year-end targets of above 1,700 points, meaning the fall which has begun since April this year is expected […]
Philippine Stock Exchange Inc (PSE:PS) Gets SEC Approval for Short Selling The Philippine Stock Exchange has secured approval from regulators to introduce short selling, giving investors a tool to hedge risk or boost profit. “We are optimistic that this facility will lend support to our securities borrowing and lending program and help improve liquidity in […]
Philippine Stock Exchange Inc (PSE:PS) stocks fall to new lows Philippines — Renewed fears of a possible trade war between the US and China again took its toll on the local financial market as foreign exchange and stock trading succumbed to new lows yesterday. The peso extended its losing streak to six trading sessions, shedding […]
Malaysia: Bursa Malaysia Bhd (BMYS:KL) close lower on Monday MALAYSIAN share prices closed lower on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 18.35 points at 1,743.43 points. Volume was 1.90 billion lots worth RM2.03 billion. Losers outnumbered gainers 583 to 304. Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary […]
Malaysia: Bursa Malaysia Bhd (BMYS:KL) profoundly low during World Cup The trading velocity in Malaysia during the 2018 World Cup is expected to be subdued not just because of this event but also due to the festive season. We do not expect the World Cup event to change the fundamentals of all stocks under our […]
Philippine Stock Exchange Inc (PSE:PS) may test 7,800 level this week The benchmark stock market index may bounce off the 7,500 support level and test the resistance at 7,800 this week. Traders said this is what has been happening the last six weeks. The index must break the heavy resistance at 7,900 before we can […]
Philippine Stock Exchange Inc (PSE:PS) Index Worth Watching Philippine Stock Exchange is expected be sluggish during the three-day trading week with at the Philippine Stock investors looking overseas for guidances. The local financial markets will be closed on Tuesday to celebrate the country’s Independence Day and on Friday in observance of the end of Ramadan. […]
Malaysia Steel Works (KL) Bhd (MSWK:KL) Buy at 0.52 The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. The ERP5 of Malaysia Steel Works (KL) Bhd. (MSWK.KL) is 1136. The lower the ERP5 […]
Bursa Malaysia Bhd (BMYS:KL) Short at 7.90 Malaysian Prime Minister Mahathir Mohamad said on Wednesday (June 6) his new government will study a project announced by the previous administration to form a new trading link between the stock markets of Singapore and Malaysia. The Monetary Authority of Singapore (MAS) and Securities Commission Malaysia had said […]
Pos Malaysia Bhd (PSHL:KL) Add to Portfolio at 3.43 Pos Malaysia Berhad (KLSE:POS) has an ERP5 rank of 6807. The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. The lower the ERP5 rank, the more […]
Petron Malaysia Refining & Marketing Bhd (PTMR:KL) Bargain Buy at 8.10 Petron Malaysia Refining & Marketing Bhd (PTMR:KL) has an ERP5 rank of 1017. The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. It looks at the stock’s Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. The […]
USD/MYR (MYR=X) Little Change Ringgit traders await global risk events next week including monetary policy reviews by major central banks and a US-North Korea meeting. Traders are also eyeing the announcement of the new BNM governor. USD/MYR is little changed at 3.9733 vs range of 3.9692-3.9735 Support 3.9430, 3.9209, 3.8533; resistance 4.0060, 4.0155, 4.0528 NOTE: […]
Philippine Stock Exchange Inc (PSE:PS) Extends Rally The stock market Thursday extended its rally, 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 Philippine Stock Exchange Index surged 114.17 points, or 1.5 percent, to 7,803.31 on a value turnover […]
Bursa Malaysia Bhd (BMYS:KL) Up Nearly 2% This Week Moves by Malaysia’s new government to change the guard at market regulators and state-owned firms have lifted the country’s stock markets this week as investors hope for better governance and an end to decades of patronage politics. The Malaysian stock index was the top gainer among […]
USD/PHP (PHP=X) Signs of Weakness, Correction to 52.00 The Philippine peso depreciated against the dollar on Thursday, tracking other regional currencies, as higher US Treasury yields buoyed the dollar. The local currency lost 10.5 centavos to close at P52.49:$1 from 52.385 on Wednesday. Overall, the bias in prices is: Sideways. By the way, prices are […]
Malaysia: My EG Services Bhd (MYEG:KL) Stock Worth Watching at 0.40 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.61. The projected upper bound is: 1.21. The projected lower bound is: 0.31. The projected closing price […]
Philippines: Rizal Commercial Banking Corp (RCB:PS) Entry at 35.00 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 39.96. The projected lower bound is: 34.74. The projected closing price is: 37.35. Candlesticks During the past 10 bars, there have been 3 white […]
Malaysia: Bursa Malaysia Bhd (BMYS:KL) Taking Profits, Waiting for an Entry Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 7.47. The projected upper bound is: 8.41. The projected lower bound is: 7.39. The projected closing price […]
Malaysia: Petron Malaysia Refining & Marketing Bhd (PTMR:KL) Bargain Buy at 8.00 Overall, the bias in prices is: Downwards. The projected upper bound is: 9.48. The projected lower bound is: 7.30. The projected closing price is: 8.39. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there […]
Philippines: Century Pacific Food Inc (CNPF:PS) Watching for Entry at 15.69 Overall, the bias in prices is: Downwards. The projected upper bound is: 17.06. The projected lower bound is: 15.69. The projected closing price is: 16.38. Candlesticks During the past 10 bars, there have been 3 white candles and 4 black candles for a net […]
Philippines: Aboitiz Equity Ventures Inc (AEV:PS) Entry at 57.00 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 66.84. The projected lower bound is: 56.82. The projected closing price is: 61.83. Candlesticks A black body occurred (because prices closed lower than they […]
Philippine Stock Exchange Inc (PSE:PS) Undervalued? Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 212.72. The projected lower bound is: 199.56. The projected closing price is: 206.14. Candlesticks During the past 10 bars, there have been 0 white candles and 5 […]
Malaysia: Telekom Malaysia Bhd (TLMM:KL) Bargain Price at 3.30 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 4.57. The projected upper bound is: 4.08. The projected lower bound is: 3.31. The projected closing price is: 3.69. […]
Philippines: SM Investments Corp (SM:PS) Buy at 800.00 Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 927.16. The projected upper bound is: 966.71. The projected lower bound is: 842.27. The projected closing price is: 904.49. Candlesticks A white body occurred (because prices closed higher than they […]
Malaysia: Axiata Group Bhd (AXIA:KL) Start Accumulating at 4.50 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 5.01. The projected upper bound is: 5.00. The projected lower bound is: 4.27. The projected closing price is: 4.63. […]
Philippines: Now Corp (NOW:PS) Target 14.00 Overall, the bias in prices is: Upwards Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 12.87. The projected lower bound is: 8.80. The projected closing price is: 10.83. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]
Philippine Stock Exchange Inc (PSE:PS) Bargain at 200.00 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 212.71. The projected lower bound is: 199.56. The projected closing price is: 206.14. Candlesticks A black body occurred (because prices closed lower than they opened). […]
Malaysia: CIMB Group Holdings Bhd (CIMB:KL) Bargain at 5.80 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 6.68. The projected upper bound is: 6.44. The projected lower bound is: 5.68. The projected closing price is: 6.06. […]
Malaysia: USD/MYR (MYR=X) Prices are Stalling Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 3.95. The projected upper bound is: 3.99. The projected lower bound is: 3.96. The projected closing price is: 3.97. Candlesticks During the past 10 bars, there have been 5 white candles and […]
Philippines: Universal Robina Corp (URC:PS) Bargain Entry at 125.00 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 139.93. The projected upper bound is: 132.97. The projected lower bound is: 117.66. The projected closing price is: 125.32. […]
USD/PHP (PHP=X) Taking Profits, Waiting for Re-Entry Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 51.98. The projected upper bound is: 52.78. The projected lower bound is: 51.90. The projected closing price is: 52.34. Candlesticks A black body occurred (because prices closed lower than they opened). […]
Malaysia: Bursa Malaysia Bhd (BMYS:KL) Taking Profits Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 7.47. The projected upper bound is: 8.41. The projected lower bound is: 7.39. The projected closing price is: 7.90. Candlesticks A […]
Philippines: SM Investments Corp (SM:PS) Watching for Entry at 850.00 Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 927.62. The projected upper bound is: 974.38. The projected lower bound is: 849.16. The projected closing price is: 911.77. Candlesticks A white body occurred (because prices closed higher […]
Malaysia: Petronas Gas Bhd (PGAS:KL) Heffx Technical Review Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 17.90. The projected upper bound is: 18.37. The projected lower bound is: 17.11. The projected closing price is: 17.74. Candlesticks A white body occurred (because prices closed higher than they […]
Philippine Stock Exchange Inc (PSE:PS) Target 218.00 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 218.27. The projected upper bound is: 213.91. The projected lower bound is: 200.77. The projected closing price is: 207.34. Candlesticks During […]
Singapore: United Overseas Bank Ltd (UOBH:SI) Heffx Technical Reivew Overall, the bias in prices is: Sideways. The projected upper bound is: 29.72. The projected lower bound is: 27.46. The projected closing price is: 28.59. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 6 […]
Malaysia: AJINOMOTO (M) BHD (AJIN:KL) Looking Towards 24.00 Overall, the bias in prices is: Upwards. The projected upper bound is: 24.05. The projected lower bound is: 21.93. The projected closing price is: 22.99. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 3 white […]
Philippines: Megaworld Corp (MEG:PS) Set to Break 5.00 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 5.28. The projected lower bound is: 4.57. The projected closing price is: 4.92. Candlesticks A white body occurred (because prices closed higher than they opened). […]
Philippines: Bank of the Philippine Islands (BPI:PS) May See 90.00 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 105.76. The projected lower bound is: 91.01. The projected closing price is: 98.39. Candlesticks A white body occurred (because prices closed higher than […]
Singapore: DBS Group Holdings Ltd (DBSM:SI) May See 30.00, Beware Overall, the bias in prices is: Upwards. The projected upper bound is: 30.03. The projected lower bound is: 27.61. The projected closing price is: 28.82. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been […]
Singapore: Capitaland Ltd (CATL:SI) Trending Towards 3.40 Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 3.62. The projected upper bound is: 3.63. The projected lower bound is: 3.41. The projected closing price is: 3.52. Candlesticks A white body occurred (because prices closed higher than they opened). […]
Malaysia: Bursa Malaysia Bhd (BMYS:KL) Trending Upwards Towards 8.40 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 7.47. The projected upper bound is: 8.40. The projected lower bound is: 7.38. The projected closing price is: 7.89. […]
Singapore: Thai Beverage PCL (TBEV:SI) Heffx Technical Analysis Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.80. The projected upper bound is: 0.81. The projected lower bound is: 0.73. The projected closing price is: 0.77. Candlesticks […]
Malaysia: Dutch Lady Milk Industries Bhd (DBMS:KL) Unchanged Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 66.80. The projected upper bound is: 69.01. The projected lower bound is: 64.89. The projected closing price is: 66.95. Candlesticks A big black candle occurred. This is bearish, as prices […]
Philippines: Manila Electric Co (MER:PS) Stock Worth Watching Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 319.68. The projected upper bound is: 351.32. The projected lower bound is: 317.03. The projected closing price is: 334.17. Candlesticks A black body occurred (because prices closed lower than they […]
Philippines: Globe Telecom Inc (GLO:PS) Correction Towards 1600.00 Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 1,629.82. The projected upper bound is: 1,730.56. The projected lower bound is: 1,476.88. The projected closing price is: 1,603.72. Candlesticks A white body occurred (because prices closed higher than they […]
Malaysia: Public Bank Bhd (PUBM:KL) Advancing Towards 25.00 Overall, the bias in prices is: Upwards. The projected upper bound is: 24.95. The projected lower bound is: 23.12. The projected closing price is: 24.04. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white […]
Malaysia: AJINOMOTO (M) BHD (AJIN:KL) Stock Consolidating Overall, the bias in prices is: Upwards. The projected upper bound is: 24.07. The projected lower bound is: 21.95. The projected closing price is: 23.01. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 4 white candles […]
Philippine Stock Exchange Inc (PSE:PS) Heffx Daily Market Technicals Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 218.73. The projected upper bound is: 213.75. The projected lower bound is: 200.37. The projected closing price is: 207.06. […]
Philippines: Jollibee Foods Corp (JFC:PS) Time to Take Profits? Overall, the bias in prices is: Sideways. The projected upper bound is: 298.86. The projected lower bound is: 267.87. The projected closing price is: 283.37. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 3 […]
Malaysia: Public Bank Bhd (PUBM:KL) Stock Worth Watching Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 23.64. The projected upper bound is: 24.93. The projected lower bound is: 23.10. The projected closing price is: 24.02. Candlesticks A white body occurred (because prices closed higher than they […]