The investment sentiment is strong. Therefore the Equity market in both US and HK has strong support. However, we are in the edge of it. Based on the option future, more call option has been transact at 16000 and 15600 and 15400 , put option more at 14800 and 14000.
So the trading range is at 14000 to 16000
Based on the technical analysis of DOW & S&P, there are little room for up but not much.
However, I would suggest to keep aware of the Gold, 870 is a supporting point, buy little when it reached 870 and then wait for it final direction. I believe the next stop is 840. Buy little.
For the AUD, there will be some movement tomorrow after the rate decision. Remember to buy at low again.
In long run, inflation, and devalue of currency will come true. Keep some gold in your portfolio is better. Good luck
06 April 2009
US Market
Last Friday, the Dow opened at 7894 and close high at 8017.+39(+0.5%)
Sector performance (% change on day): Financials (+4.22%), Tech (+1.34%), Health Care (-1.60%), Consumer Staples (-0.14%), Consumer Discretionary (+1.57%), Industrials (+0.70%), Energy (+1.44%), Telecom (+1.17%), Materials (+1.48%), and Utilities (+0.60%).
Dow +39.51 at 8017.59, Nasdaq +19.24 at 1621.87, S&P +8.12 at 842.50
AAPL 115.99, AIG 1.14 GE 10.94, SBUX 11.69, INTC 15.95,BAC 7.60,CSCO 18.16,C 2.85 NXY 19.05,SU 24.24
The EUR trade at 1.3512 at 5:28 pm.
The GBP trade at 1.4891 at 5:28 pm
The CAD trade at 1.2267 at 5:28 pm
The JPY 101.29 at 5:28 pm
The Gold price is 881 at 5:28 pm
The Crude Oil is 53.14 at 5:28pm
Key Corporation Annual Earning result will release in April 2009
7 April : ALCOA INC
9 April : CHEVON, Fast Retailing
14 April : GS, INTEL, Johnson & Johnson
15 April : Abbott, Singapore Exchange
17 April : Citigroup, GE, Mattel, Song Ericsson
20 April : Bank of America
22 April : Apple, AT&T, Well Fargo, McDonald, Logitech
Japan Market
The Nikkei index open at 8856 and close at 8857 +108(+1.24%)
Fast Retailing 11,250 +250 (+2.27%)
UFJ 513 -13 (-2.47%)
Toyota 3740 +40 (+1.08%)
Sumitomo Mitsui Financial 3610 -50 (-1.36%)
HK Market
The HS Index open at 14998 and close at 14920 +452(3.11%) the turnover volume is 621.M Previous 714M
The 005 open at 50.15 and close at 52.05 with volume 65M previous 75.8M
The 3988 open at 2.69 and close at 2.68 with turnover 578M and previous 621M
The 1398 open at 4.19 and close at 4.19 with turnover 448M and previous 552M
HSBA.L trading high in London +4.95% at 455.97 P@5:42PM HK Time
Hang Seng Index 14998.04 +452.35 +3.11%
HSI - Finance 21875.20 +758.49 +3.59%
HSI - Utilities 34827.10 +708.98 +2.08%
HSI - Properties 19736.79 +489.23 +2.54%
HSI - Commerce & Industry 8214.87 +218.96 +2.74%
Hang Seng China Enterprises Index 8804.45 +229.72 +2.68%
Hang Seng China H-Financials Index 11764.68 +303.38 +2.65%
Hang Seng Composite Index 2070.04 +48.17 +2.38%
Last update: 06-04-2009 16:01
Hang Seng China 50 Index 4915.84 +64.23 +1.32%
Hang Seng China AH Premium Index 136.73 -3.51 -2.50%
China market
China market is having holiday.
Release Reports
International
Monday, April 6, 2009
1:00 a.m. JPN: Feb Indexes of Business Conditions, prelim Leading Indicators Mon Net Change Expected: -1.9 Previous: -2.2
1:00 a.m. JPN: Feb Indexes of Business Conditions, prelim Coincident Index Mon Net Change Expected: -2.7 Previous: -2.6
5:00 a.m. EU: Feb Retail Sales Monthly Expected: -0.4% Previous: +0.1%
5:00 a.m. EU: Feb Retail Sales Yearly Expected: -2.5% Previous: -2.2%
5:00 a.m. EU: Feb PPI, Monthly Expected: -0.4% Previous: -0.8%
5:00 a.m. EU: Feb PPI, early Expected: -1.6% Previous: -0.5%
8:30 a.m. CAN: Feb Building Permits Previous: -4.6%
10:00 a.m. CAN: Mar Ivey Purchasing Managers Index, Current Month Previous: 45.2
7:50 p.m. JPN: Mar Foreign Reserves (US dollars) Previous: 1.01T
8:15 a.m. CAN: Mar Monetary Reserves - US Dollars Previous: +464M
US Market
Monday, April 6, 2009
No major economic indicators scheduled
So the trading range is at 14000 to 16000
Based on the technical analysis of DOW & S&P, there are little room for up but not much.
However, I would suggest to keep aware of the Gold, 870 is a supporting point, buy little when it reached 870 and then wait for it final direction. I believe the next stop is 840. Buy little.
For the AUD, there will be some movement tomorrow after the rate decision. Remember to buy at low again.
In long run, inflation, and devalue of currency will come true. Keep some gold in your portfolio is better. Good luck
06 April 2009
US Market
Last Friday, the Dow opened at 7894 and close high at 8017.+39(+0.5%)
Sector performance (% change on day): Financials (+4.22%), Tech (+1.34%), Health Care (-1.60%), Consumer Staples (-0.14%), Consumer Discretionary (+1.57%), Industrials (+0.70%), Energy (+1.44%), Telecom (+1.17%), Materials (+1.48%), and Utilities (+0.60%).
Dow +39.51 at 8017.59, Nasdaq +19.24 at 1621.87, S&P +8.12 at 842.50
AAPL 115.99, AIG 1.14 GE 10.94, SBUX 11.69, INTC 15.95,BAC 7.60,CSCO 18.16,C 2.85 NXY 19.05,SU 24.24
The EUR trade at 1.3512 at 5:28 pm.
The GBP trade at 1.4891 at 5:28 pm
The CAD trade at 1.2267 at 5:28 pm
The JPY 101.29 at 5:28 pm
The Gold price is 881 at 5:28 pm
The Crude Oil is 53.14 at 5:28pm
Key Corporation Annual Earning result will release in April 2009
7 April : ALCOA INC
9 April : CHEVON, Fast Retailing
14 April : GS, INTEL, Johnson & Johnson
15 April : Abbott, Singapore Exchange
17 April : Citigroup, GE, Mattel, Song Ericsson
20 April : Bank of America
22 April : Apple, AT&T, Well Fargo, McDonald, Logitech
Japan Market
The Nikkei index open at 8856 and close at 8857 +108(+1.24%)
Fast Retailing 11,250 +250 (+2.27%)
UFJ 513 -13 (-2.47%)
Toyota 3740 +40 (+1.08%)
Sumitomo Mitsui Financial 3610 -50 (-1.36%)
HK Market
The HS Index open at 14998 and close at 14920 +452(3.11%) the turnover volume is 621.M Previous 714M
The 005 open at 50.15 and close at 52.05 with volume 65M previous 75.8M
The 3988 open at 2.69 and close at 2.68 with turnover 578M and previous 621M
The 1398 open at 4.19 and close at 4.19 with turnover 448M and previous 552M
HSBA.L trading high in London +4.95% at 455.97 P@5:42PM HK Time
Hang Seng Index 14998.04 +452.35 +3.11%
HSI - Finance 21875.20 +758.49 +3.59%
HSI - Utilities 34827.10 +708.98 +2.08%
HSI - Properties 19736.79 +489.23 +2.54%
HSI - Commerce & Industry 8214.87 +218.96 +2.74%
Hang Seng China Enterprises Index 8804.45 +229.72 +2.68%
Hang Seng China H-Financials Index 11764.68 +303.38 +2.65%
Hang Seng Composite Index 2070.04 +48.17 +2.38%
Last update: 06-04-2009 16:01
Hang Seng China 50 Index 4915.84 +64.23 +1.32%
Hang Seng China AH Premium Index 136.73 -3.51 -2.50%
China market
China market is having holiday.
Release Reports
International
Monday, April 6, 2009
1:00 a.m. JPN: Feb Indexes of Business Conditions, prelim Leading Indicators Mon Net Change Expected: -1.9 Previous: -2.2
1:00 a.m. JPN: Feb Indexes of Business Conditions, prelim Coincident Index Mon Net Change Expected: -2.7 Previous: -2.6
5:00 a.m. EU: Feb Retail Sales Monthly Expected: -0.4% Previous: +0.1%
5:00 a.m. EU: Feb Retail Sales Yearly Expected: -2.5% Previous: -2.2%
5:00 a.m. EU: Feb PPI, Monthly Expected: -0.4% Previous: -0.8%
5:00 a.m. EU: Feb PPI, early Expected: -1.6% Previous: -0.5%
8:30 a.m. CAN: Feb Building Permits Previous: -4.6%
10:00 a.m. CAN: Mar Ivey Purchasing Managers Index, Current Month Previous: 45.2
7:50 p.m. JPN: Mar Foreign Reserves (US dollars) Previous: 1.01T
8:15 a.m. CAN: Mar Monetary Reserves - US Dollars Previous: +464M
US Market
Monday, April 6, 2009
No major economic indicators scheduled
Comments