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Rebound started ! Gain Money?

16 Jan 2009

Great! The US market really went to the 8000 and than rebound. The rebound started and may go for few days. Why?

The good news started coming out from financial sector both from US and UK. The USD/JPY went back to 90.44 and there is big movement in currency. GBP jumped to 1.4923 at 6:09 pm.

Tonight is the best time people play around with the OIL. It will tried to lower than last night 34 / barrel. Remember to buy more more DXO.

Besides, the HK market is really playing by the traders. There is a lot of pressure in HK market. The behaviour is abnormal. Why? The whole day Dow future is over + 40 to +98 in market time, but the trader still press down the price of 941 and HS index.

However in index time, the contract increases and pointing positive. Future is only -4 13252

If anyone who had hold the 2823, be careful because Shanghai has been up for three days and people in china may settled the shares before New Years. And then they have long holidays.

For today market movement review, see the following detail.

US Market

DOW open at 8196 and close at 8200 and the lowest point is 7995.

Because of Steve Job ‘s medical leave, AAPL opened at 81.74 and close at 83.55, lowest 80.38. Near day close the news Bank of America received an emergency capital injection of $20 billion from the Treasury, which will also backstop about $118 billion of assets at the bank help push up the day end closing.

HK Market

The HS Index opened at 13218 and closed at 13255 + 12.55 (+0.09%) However the whole days is run like snake. Lowest point 13113 and then high is 13400. The turnover volume is 470M.

The 005 is under pressure opened at 63.80 and close at 64.20 low is 63.5 – 1.8 (-2.727%) volume 45M.

1398 opened at 3.32 and closed at 3.440 +0.12 (+3.16%) Volume is 518 M
3988 opened at 1.99 and closed at 2.04 + 0.09 (+4.615%) volume is 1251M

However except HK, Japan and Shanghai market is running more positive. IT seems that the traders press down the uptrend.

Shanghai is opened at 1928 and close at 1954 high is 1984 + 34.23 (+1.78%)
The volume is 1,000M much better than previous day. The Shanghai market has been up continous for 3 days.

In Japan Market, the Nikkei opened at 8125.20 and close at 8230 high 8283.91 + 206.84 (+2.58%)

The JPY/USD go back to 90.34 level, Toyota close at 3010 + 170 (+5.98), Canon close at 2820 + 50 (+1.80)

UFJ closed at 523 + 7 (+1.35%)

Fast retailing closed at 11370 + 210 (+1.88%)

For Forex,

EUR is 1.3231
JPY is 90.34
GBP suddendly climbed from 1.4769 to 1.4927 in the afternoon.

The whole day, the Dow future is very positive it run between 44 – 98 and at 5:45 is 114. This over 100 points in day time haven’t seen for almost a month.
Today there is the following reports

International Market

Friday, January 16, 2009
12:30 a.m. JPN: Dec Tokyo area department store sales
12:30 a.m. JPN: Dec Nationwide department store sales
4:00 a.m. FRA: Jan IEA Oil Market Report
5:00 a.m. EU: Nov Foreign trade Balance Expected: -3.5B Previous: 0.9B

US Market

Friday, January 16, 2009
8:30 a.m. Dec Consumer Price Index: Expected: -1.0%. Previous: -1.7%.
8:30 a.m. Dec Consumer Price Index, ex-food energy: Expected: +0.1%. Previous: +0.1%.
9:00 a.m. Nov Tsy International Capital: Previous: -$13.3B.
9:15 a.m. Dec Industrial Production: Expected: -1.5%. Previous: -0.6%.
9:15 a.m. Dec Capacity Utiliztion: Expected: 74.6%. Previous: 75.4%.
10:00 a.m. Mid-Jan Reuters/U Mich Sentiment Index: Expected: 57. Previous: 59.1.

Wish all of my friend gain money : )

Comments

sparkle said…
One more thing. Want to gamble? Try to buy Citibank 2 Feb Call option. and so as BOA. This two banks are too low already.
Unknown said…
Last week the Unusually high volume change of Option Open Interest

14/1/2009 BANK OF CHINA Put 5910
15/1/2009 BANK OF CHINA Call 14134

14/1/2009 CHINA CONSTR BANK CO Put 5369

15/1/2009 CHINA MOBILE LTD Put 4317

14/1/2009 HANG SENG BANK Put 15367
16/1/2009 HANG SENG BANK Call 2338

14/1/2009 HSBC HOLDINGS PLC Put 35739
Unknown said…
匯豐在美 ADR JAN,FEB, MAR option put 比 call 勁多未平倉合約 , 據聞大行出了很多匯豐4元多的ELI
Unknown said…
sorry, 是匯豐40多元的ELI。

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