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Showing posts from May, 2009

My view of market after this long climbing

Since 2nd quarter report needs to be release around end of June. I believe, the market will keep further up because of beautifly the book. Besides, the USD continue to be weak after the selling more bonds to the market. The commodity will be keeping high for a longer term because of weak dollar. Thus my view is to buy more oil ETF, Agricultural ETF. Besides even the economic will getting worse later. The oil cannot be going back to $40 like March. On the other hand, because AAPL will have new announcement on 8 June and there is weight higher by investor report. I believe there is room for a short trade Balance the risk, I will also buy some short S&P & Dow ETF if price is really good. 29 May 2009 US Market The Dow open at 8301 and close at 8404 and low is 8271 at 1:00pm +103 (+1.25%) Sector performance (% change on day): Financials (+3.57%), Tech (+1.31%), Health Care (+0.54%), Consumer Staples (+1.08%), Consumer Discretionary (-0.18%), Industrials (+0.70%), Energy (+3.00%), Te...

The fear of inflation will keep on and this is also the

impact to the equity market and property market. Thus, in short run, the market will not adjust seriously because money has no interest and people will invest. When most of the people already invested in property market in HK and US has poor data on bonds. The market will start to turn south. the EUR, GBP, CAD, AUD, NZD are under some adjustment. Should buy more AUD in long run. Target : 0.7450 buy some. Good luck! 26 May 2009 US Market No Market The EUR trade at 1.3872 at 5.24 pm. The GBP trade at 1.5793 at 5:24 pm The CAD trade at 1.1315 at 5:24 pm The NZD trade at 0.6122 at 5:24 pm The AUD trade at 0.7733 at 5:24 pm The JPY 95.04 at 5.24 pm The Gold price is 944 at 5:24 pm The Crude Oil is 59.75 at 5.24 pm Today US will auction its 2 Yr Bonds Japan Market The Nikkei index open at 9364 and close at 9347 high is 9379 -36(0.39%) Fast Retailing 10,850 -120(-1.09%) UFJ 610 -1(0.16%) Toyota 3600 +40 (+1.12%) Sumitomo Mitsui Financial 3740 -60(-1.57%) HK Market The HS Index open at 17050 ...

Aware the rebound finish after May future settlement

25 May 2009 US Market The Dow index open 8292 and close at 8277 –14.(-0.18%) Dow –14.81 at 8277, Nasdaq -3.24 at 1692, S&P –1.33 at 887 AAPL 122.5, AIG 1.7,GE 13.1, SBUX 13.00,INTC 15.05, BAC 11.07, CSCO 17.9, PG 53.03, C 3.67, MCD 57.08, NXY 21.95, SU 31.76 The EUR trade at 1.3974 at 5.11 pm. The GBP trade at 1.5874 at 5:11 pm The CAD trade at 1.1267 at 5:11 pm The NZD trade at 0.6176 at 5:11 pm The AUD trade at 0.7790 at 5:11 pm The JPY 94.96 at 5.11 pm The Gold price is 953 at 5:11 pm The Crude Oil is 61.04 at 5.11 pm Today is Memorial Day, Market Closed. But This week US will auction its 2 Yr Bonds and 5 Yr bonds. The market reaction of the bonds market will directly influence the US rate and so as us EUR and GBP. Need to be aware 27 May 2 Yr Auction, 28 Yr 5 Yr Auction. Information stated in HSBC Newsletter : The USD plummeted last week is mainly because one long-term investor unloaded USD45.7 billion of 10 Year Treasuries. Japan Market The Nikkei index open at 9245 and close ...

Leave for 2 weeks and the market is climbing all

high. Being negative me really lost little. It is lucky that I was using short to hedge the long position. So counting the currency, equity on hand. It is still lucky to have some sweet. However the strategies ahead, I believe it will be near 9000 in dow and HK will be up further, especially near future settlement day. However, without the foundamental economic support, I still not believe it will be a bull market. What I am thinking is about the 1. the interest rate is decreasing will make people invest more. 2. 2010, we may experience high inflation when market back to normal. 3. Thus I will prefer long commodity e.g Gold, agricultural and energy equity. Today market summary 20 May 2009 US Market The Dow index open 8503 and close high at 8474 –29.(-0.34%) Sector performance (% change on day): Financials (-2.61%), Tech (+0.59%), Health Care (-0.59%), Consumer Staples (+0.07%), Consumer Discretionary (-0.13%), Industrials (+0.13%), Energy (+0.35%), Telecom (+0.18%), Materials (+0.97%),...