
I believe HSBC will be in big movement in following days. Most of the people will not have money to purchase if they keen on HSBC
Thus what will be the trader do?
1. scarce the small investor to sell all the right by lower the HSBC price
2. push down most of the blue chip in March and scarce most of the people and then buy it back
If u are smart, it is the time to purchase when everyone scarce
Today talk about the 1088 China Shenhua. Based on the technical range. it is time to buy.
Profit growth Growth
2003 81.65 % ,2004 208 % ,2005 74.81%,2006 12.97% ,2007 16.65% and 2008 21%
steady double digit growht on profit
Business include coal production, sales , electricity power provider and transportation service
Almost biggest in China
11 March 2009
US Market
The Dow open at 6547 and close at 6926 +379 (+5.8%) and close high
Sector performance (% change on day): Financials (+15.58%), Tech (+7.42%), Health Care (+3.80%), Consumer Staples (+2.48%), Consumer Discretionary (+7.28%), Industrials (+8.50%), Energy (+5.22%), Telecom (+6.14%), Materials (+6.85%), and Utilities (+2.38%).
The rebound came after Citigroup issued an encouraging update and reports indicated the uptick rule may be reinstated.
AAPL 88.62, AIG 0.42 ,GE 8.87, SBUX 9.13 ,INTC 13.92 ,BAC 4.79,CSCO 14.635 ,C 1.45 NXY 13.84 ,SU 23.65
The EUR trade at 1.2658 at 4:42pm.
The GBP trade at 1.3730 at 4:42pm
The CAD trade at 1.2864 at 4.42pm
The JPY 98.49 at 4.42pm
The Gold price is 902 at 4.43 pm
The Crude Oil March is 45.77at 4.43pm
Japan Market
The Nikkei open at 7165 and closed at 7376 +321(+4.55%)
UFJ closed at 411 +16(+4.05%)
Sumitomo Financial 2820 +130(+4.38%)
Fast Retailing closed at 9740 +610(+6.68%)
Canon closed at 2275 +140(+6.55%)
Toyota closed at 2910 +60(+2.1%)
The JPY is 98.46
HK Market
The HS Index open at 12228 and closed at 11930 +236 (+2.02%) the turnover volume is 447Mprevious 334 M
The 005 open at 42 and closed at 38.45 with volume 127M, Previous 63M.
The 3988 open at 2.23and closed at 2.2 with turnover 684M previous 266M
The 1398 open at 3.32 and closed at 3.26 turnover 361M previous 344M
China market
The Shanghai Market opened at 2199 and closed at 2139 with volume 881 M and previous 881 M
The BOC RMB3.34 –1.76%
The ICBC RMB3.7 –0.54%
Release Reports
International –US Time
Wednesday, March 11, 2009
3:00 a.m. GER: Jan PPI
3:00 a.m. GER: 4Q Labor cost index
5:00 a.m. EU: Feb Long term interest rates statistics
5:30 a.m. UK: Jan Trade
6:00 a.m. EU: 4Q Balance of payments, 1st release
7:00 a.m. GER: Jan Mfg orders
8:30 a.m. CAN: Jan New House Prices Y/Y Previous: +0.4%
7:50 p.m. JPN: 4Q GDP, 2nd Prelim Estimates, Revised Real GDP (on quarter) Previous: -3.3%
US – US Time
Wednesday, March 11, 2009
7:00 a.m. Mortgage Applications Refinance Index For Mar 6: Previous: -15.3%.
10:30 a.m. US Energy Dept Oil Inventories For Mar 6
2:00 p.m. Feb Federal Budget Balance: Expected: -$200.0B. Previous: -$83.8B.
.
US Market
The Dow open at 6547 and close at 6926 +379 (+5.8%) and close high
Sector performance (% change on day): Financials (+15.58%), Tech (+7.42%), Health Care (+3.80%), Consumer Staples (+2.48%), Consumer Discretionary (+7.28%), Industrials (+8.50%), Energy (+5.22%), Telecom (+6.14%), Materials (+6.85%), and Utilities (+2.38%).
The rebound came after Citigroup issued an encouraging update and reports indicated the uptick rule may be reinstated.
AAPL 88.62, AIG 0.42 ,GE 8.87, SBUX 9.13 ,INTC 13.92 ,BAC 4.79,CSCO 14.635 ,C 1.45 NXY 13.84 ,SU 23.65
The EUR trade at 1.2658 at 4:42pm.
The GBP trade at 1.3730 at 4:42pm
The CAD trade at 1.2864 at 4.42pm
The JPY 98.49 at 4.42pm
The Gold price is 902 at 4.43 pm
The Crude Oil March is 45.77at 4.43pm
Japan Market
The Nikkei open at 7165 and closed at 7376 +321(+4.55%)
UFJ closed at 411 +16(+4.05%)
Sumitomo Financial 2820 +130(+4.38%)
Fast Retailing closed at 9740 +610(+6.68%)
Canon closed at 2275 +140(+6.55%)
Toyota closed at 2910 +60(+2.1%)
The JPY is 98.46
HK Market
The HS Index open at 12228 and closed at 11930 +236 (+2.02%) the turnover volume is 447Mprevious 334 M
The 005 open at 42 and closed at 38.45 with volume 127M, Previous 63M.
The 3988 open at 2.23and closed at 2.2 with turnover 684M previous 266M
The 1398 open at 3.32 and closed at 3.26 turnover 361M previous 344M
China market
The Shanghai Market opened at 2199 and closed at 2139 with volume 881 M and previous 881 M
The BOC RMB3.34 –1.76%
The ICBC RMB3.7 –0.54%
Release Reports
International –US Time
Wednesday, March 11, 2009
3:00 a.m. GER: Jan PPI
3:00 a.m. GER: 4Q Labor cost index
5:00 a.m. EU: Feb Long term interest rates statistics
5:30 a.m. UK: Jan Trade
6:00 a.m. EU: 4Q Balance of payments, 1st release
7:00 a.m. GER: Jan Mfg orders
8:30 a.m. CAN: Jan New House Prices Y/Y Previous: +0.4%
7:50 p.m. JPN: 4Q GDP, 2nd Prelim Estimates, Revised Real GDP (on quarter) Previous: -3.3%
US – US Time
Wednesday, March 11, 2009
7:00 a.m. Mortgage Applications Refinance Index For Mar 6: Previous: -15.3%.
10:30 a.m. US Energy Dept Oil Inventories For Mar 6
2:00 p.m. Feb Federal Budget Balance: Expected: -$200.0B. Previous: -$83.8B.
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