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Be patient to wait for the market behavior on tuesday and wednesday.

19 Jan 2009

The trader is just playing around the HK Market. Actually there are two keys positive news supporting the market 1. it is the UK government support on financial market. 2. is the Obrama release on the fund for banking sector.

It is not the effect of Obrama on broad but the reason is the release of the money.

If it is correct, the pressure on HK index will be solved

For China Market, the market seems quite positive. But I still believe the 2000 is the dangerous level for Shanghai Market. Even it run high. I still prefers to gain money first on 2823. Why? It is because the volume on Shanghai market is reducing.

Most of the people is worry about the bond market of US. Therefore I had found two short bond ETF to share with you all

1. PST Ultra short 7- 10 Y Treasury bonds
2. TBT Ultra short 20 Y Treasury bonds.

But little to keep watch the performance and the market

For Market behaviour see the following remark

The same, if you have profit. Why not take it before Chinese New Year Holiday for HK Market?



US Market
Open at 8215 and close at 8281 and lowest point is 8109.34 +68.73 ().84%)

Bank of America got the bailout support from Government and its share price close low at 7.18 – 1.14

Citibank also ran low as it reported an $8.3 billion quarterly loss on Friday, said it plans to split into two units and shed troubled assets.

The Oil price dropped near to 34 and close around 36.
The oil shares NXY open at 15.84 and close at 15.71, low is 15.58 +0.13

The Japan Market
The Nikkei opened at 8318 and close 8256.85 +26.70 (+0.32%)
Fast Retailing close at 11,560 + 190 (+1.67%)
UFJ close at 517 – 6 (1.14%)
Toyota Close at 3030 + 20 (+0.66)
Canon Close at 2805 – 15 (0.53%)

The China Market
The Shanghai Market open at 1971 and high is 2018 and close at 1986.67 + 32.23 (+1,65%) turnover volume is RMB811M
ICBC RMB3.68 + 3.37%
BOC RMB3.1 + 3.33%

The Hong Kong market
The HS index openat at 13278 and highest point is 13344 and then started running low to 13113 at 2:30 and close at 13272.57 + 29.61 (0.22%) with turnover volume 379M.

005 opened at 63 and close at 62.3 – 1.9 (-2.96%) volume 40M
1398 opened at 3.51 and closed at 3.45 + 0.01 (+0.29%)296M
3988 opened at 2.06 and closed at 2.04 –0.040 (-1.961%)766M


Monday is US Public Holiday.

International Data

Monday, January 19, 2009
12:30 a.m. JPN: Dec Nationwide department store sales
4:30 a.m. UK: Dec London Retail Sales Monitor covering Xmas
5:00 a.m. EU: Nov Construction output
8:30 a.m. CAN: Nov Intl Securities Transactions - C$ Foreign Purchases of Canadian Securities Previous: 2.85B
6:50 p.m. JPN: Nov Tertiary Industry Activity (on month) Previous: +0.4%


Tuesday, January 20, 2009
12:00 a.m. JPN: Dec Consumer Confidence Survey result Previous: 28.4
1:00 a.m. JPN: Dec Machine Tool Orders, revised On Year Previous: -62.1%
4:00 a.m. ITA: Nov Indus turnover & orders
4:30 a.m. UK: Dec CPI Monthly Expected: -1% Previous: -0.1%
4:30 a.m. UK: Dec CPI Yearly Expected: +2.5% Previous: +2%
4:30 a.m. UK: Dec CPI Core Yearly Expected: +1.4% Previous: +2%
4:30 a.m. UK: Dec Retail Price Index Monthly Expected: -1.3% Previous: -0.8%
4:30 a.m. UK: Dec Retail Price Index Yearly Expected: +0.9% Previous: +3%
5:00 a.m. GER: Jan ZEW Indicator of Economic Sentiment
8:30 a.m. CAN: Nov Mfg Survey, Inventories Previous: +1.3%
8:30 a.m. CAN: Nov Mfg Survey, New Orders Previous: +8.8%
8:30 a.m. CAN: Nov Mfg Survey, Shipments Previous: -0.5%
8:30 a.m. CAN: Nov Mfg Survey, Unfilled Orders Previous: +6.8%
9:00 a.m. CAN: BoC Interest Rate Decision - Basis Points Overnight Rate Expected: -50 Previous: -75
7:01 p.m. UK: Dec Scottish Retail Sales Monitor


US Market this week report

Monday, January 19, 2009
No major economic indicators scheduled.
Tuesday, January 20, 2009
5:00 p.m. ABC/Wash Post Consumer Conf For Jan 17: Previous: -49.
Wednesday, January 21, 2009
7:45 a.m. ICSC Chain Store Sales Index For Jan 17: Previous: -2.3%.
8:55 a.m. Redbook Retail Sales Index For Jan 17: Previous: -2.3%.
1:00 p.m. Jan NAHB Housing Index
Thursday, January 22, 2009
8:30 a.m. Initial Jobless Claims For Jan 17 Week: Expected: +24K. Previous: +54K.
8:30 a.m. Dec Housing Starts: Expected: -4.0%. Previous: -18.9%.
10:00 a.m. DJ-BTMU Business Barometer For Jan 9: Previous: -1.4%.
Friday, January 23, 2009
10:30 a.m. US Jan 16 EIA Natl Gas Inventories

Comments

Unknown said…
19 Jan Option analysis
Unusally high volume change of Open Interest Today

HSI Jan Put 10600 2479
HSI Mar Put 9000 1200

HSBC Feb Put 57.5 1114
HSBC Feb Call 75 1311

Bank of china Put 1.9 1040

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