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After a high% rebound last night and morning, I believe there is a retreat

Be careful when the market are so exciting. Today the market is having a dramatic move. The sell parties must be having a hard time in the afternoon. Index grow up so strong almost to 13950 and close at 13812

I believe the movement will not be so strong tonight and even will have some retreat tomorrow. Because the Dow future is head down to south -61 point at 5:38pm

But the truth still depends on the reality and how the trader want to do.

For one who own BOC 3988,I suggest to sell because there is no more room from technical graph and the released report seems under forecast. Good luck for all who own it.


Daily Market summary

24 March 2009

US Market
The Dow open at 7279 and close at all time is high at 7775 +497(+6.84%)
Sector performance (% change on day): Financials (+17.74%), Tech (+6.38%), Health Care (+3.88%), Consumer Staples (+3.77%), Consumer Discretionary (+7.29%), Industrials (+7.63%), Energy (+7.80%), Telecom (+5.75%), Materials (+5.97%), and Utilities (+4.02%).

The Treasury Department released details related to its plan to remove bad assets from banks' balance sheets, sparking a massive surge in the stock market. In addition, the market benefited from a better-than-expected existing home sales report.

AAPL 107.66, AIG 1.48, GE 10.43, SBUX 12.06, INTC 15.52,BAC 7.8,CSCO 16.98,C 3.13 NXY 17.36,SU 24.84

The EUR trade at 1.3597 at 4:40 pm.
The GBP trade at 1.4669 at 4.40 pm
The CAD trade at 1.2238 at 4:40 pm
The JPY 98.19 at 4:40pm
The Gold price is 935 at 4:40 pm
The Crude Oil March is 53.3 at 4:40pm

Japan Market
The Nikkei index open at 8334.68 and close at 8488.30 +272 (+3.32%)
Fast Retailing 11,110 +290 (2.68%)
UFJ 535 +23 (4.49%)
Toyota 3160 +110 (+3.6%)
Sumitomo Mitsui Financial 3920 +120 (3.15%)

HK Market
The HS Index open at 13773 and closed at 13910 +462(+3.44%) the turnover volume is 638M and previous is 553M

The 005 open at 45. and closed at 45.8 with volume 107.27M previous 80M
The 2997 HSBC right open 16.5 and closed at 17.46 with volume 159M and previous 210M
The 3988 open at 2.36 and closed at 2.38 with turnover 584M previous 522M
The 1398 open at 3.6 and closed at 3.54 with turnover 431M and previous 431M

Hang Seng Index 13910.34 +462.92 +3.44%
HSI - Finance
19749.41 +942.07 +5.01%
HSI - Utilities
35240.22 -298.20 -0.84%
HSI - Properties
17992.77 +637.46 +3.67%
HSI - Commerce & Industry
7839.19 +155.98 +2.03%
Hang Seng China Enterprises Index 8063.29 +103.38 +1.30%
Hang Seng China H-Financials Index 10700.81 +234.60 +2.24%
Hang Seng Composite Index 1941.38 +51.70 +2.74%

Last update: 24-03-2009 16:01

Hang Seng China 50 Index 4603.62 +55.70 +1.22%
Hang Seng China AH Premium Index 143.17 -1.71 -1.18%


China market

The Shanghai Market opened at 2359 and closed at 2338 with volume 1496 and previous is 1504M
The BOC RMB3.47 +0.87%
The ICBC RMB3.83 +0.26%

Release Reports

International –US Time
Tuesday, March 24, 2009
3:45 a.m. FRA: Feb Household consumption expenditure in manufactured goods
3:50 a.m. FRA: Mar Business survey (goods-producing industries)
4:00 a.m. FRA: Mar France Flash PMI
4:30 a.m. GER: Mar Germany Flash PMI
5:00 a.m. EU: Mar Eurozone Flash PMI
5:00 a.m. EU: Jan Euro area balance of payments
5:30 a.m. UK: Feb CPI Monthly Expected: +0.2% Previous: -0.7%
5:30 a.m. UK: Feb CPI Yearly Expected: +2.5% Previous: +3%
5:30 a.m. UK: Feb CPI Core Yearly Expected: +1.2% Previous: +1.3%
5:30 a.m. UK: Feb Retail Price Index Monthly Expected: -0.1% Previous: -1.3%
5:30 a.m. UK: Feb Retail Price Index Yearly Expected: -0.7% Previous: -0.1%
5:30 a.m. UK: Feb Major British Banking Groups stats, Mortgage Lending, GBP Previous: 2.9B
8:30 a.m. CAN: Jan Job Insurance Claims Previous: +5.6%
7:50 p.m. JPN: Feb Provisional Trade Balance (on-year change) Expected: -13.7T% Previous: 935.8T

US Market
Tuesday, March 24, 2009
7:45 a.m. ICSC Chain Store Sales Index For Mar 21: Previous: -0.1%.
8:55 a.m. Redbook Retail Sales Index For Mar 21: Previous: unch.
10:00 a.m. Mar Richmond Fed Mfg Survey: Previous: -51.
4:30 p.m. API Oil Industry Report For Mar 20
5:00 p.m. ABC/Wash Post Consumer Conf For Mar 21: Previous: -47.

Comments

Unknown said…
The stock rebound to celebrated your birthday

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