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%), and Utilities (+1.73%).
Dow -29.23 at 8474.85, Nasdaq +2.18 at 1734.54, S&P -1.58 at 908.13
AAPL 127.45, AIG 1.81,GE 13.70, SBUX 13.42,INTC 15.65, BAC 11.25, CSCO 18.88, PG 52.95, C 3.77, MCD 53.87, NXY 20.86, SU 30.27
The EUR trade at 1.3645 at 5.14 pm.
The GBP trade at 1.5506 at 5:14 pm
The CAD trade at 1.1542 at 5:14 pm
The NZD trade at 0.6031 at 5:14 pm
The AUD trade at 0.7724 at 5:14 pm
The JPY 95.90 at 5.14 pm
The Gold price is 929 at 5:14 pm
The Crude Oil is 60.59 at 5.14 pm
Japan Market
The Nikkei index open at 9372 and close at 9344, high is 9399 +54(+0.59%)
Fast Retailing 10,560 +40(+0.38%)
UFJ 619 +2(+0.32%)
Toyota 3660 -20(-0.54%)
Sumitomo Mitsui Financial 3810 +30(0.79%)
HK Market
The HS Index open at 17486 and close at 17475 -68(-0.39%), May Future is 17361, the turnover volume is 738 M and previous is 837M
The 005 open at 67.50 and close at 67.95 and previous close at 68.35 with turnover 27M and previous is 55M
The 3988 open at 3.010 and close at 2.96 with volume 489M and previous close at 2.97 with turnover 606M
The 1398 open at 4.88 and close at 4.81 with volume 396M and previous close at 4.84 with turnover 284M
Hang Seng Index 17475.84 -68.19 -0.39%
HSI - Finance 25895.58 -144.01 -0.55%
HSI - Utilities 35709.48 -561.79 -1.55%
HSI - Properties 21903.00 -144.16 -0.65%
HSI - Commerce & Industry 9645.50 +6.12 +0.06%
Hang Seng China Enterprises Index 10042.61 -29.90 -0.30%
Hang Seng China H-Financials Index 12999.54 -58.23 -0.45%
Hang Seng Composite Index 2421.16 -7.08 -0.29%
Last update: 20-05-2009 16:01
Hang Seng China 50 Index 5418.64 -40.58 -0.74%
Hang Seng China AH Premium Index 127.28 -0.99 -0.77%
China market
The Shanghai Index open at 2676 and close at 2651 with volume 1,377and previous close at 2676 with volume 1482M
BOC close at RMB3.57
ICBC close at RMB4.28
Release Reports
International
Wednesday, May 20, 2009
2:00 a.m. GER: Apr PPI
4:00 a.m. ITA: Mar Indus turnover & orders
7:00 a.m. CAN: Apr All Items CPI (Cur Month) Previous: +0.2%
7:00 a.m. CAN: Apr All Items CPI (Cur Year) Previous: +1.2%
7:00 a.m. CAN: Apr Core CPI (Cur Month) Previous: +0.3%
7:00 a.m. CAN: Apr Core CPI (Cur Year) Previous: +2%
8:30 a.m. CAN: Apr Composite Leading Indicators Index(LII) Previous: -1.3%
7:50 p.m. JPN: Mar Tertiary Industry Activity (on month) Previous: -0.8%
Previous: -3.2%
US Market
Wednesday, May 20, 2009
7:00 a.m. Mortgage Applications Refinance Index: Previous: -11.2%.
10:30 a.m. May 22 U.S. Energy Dept Oil Inventories
2:00 p.m. Apr Federal Reserve FOMC Minutes
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%), and Utilities (+1.73%).
Dow -29.23 at 8474.85, Nasdaq +2.18 at 1734.54, S&P -1.58 at 908.13
AAPL 127.45, AIG 1.81,GE 13.70, SBUX 13.42,INTC 15.65, BAC 11.25, CSCO 18.88, PG 52.95, C 3.77, MCD 53.87, NXY 20.86, SU 30.27
The EUR trade at 1.3645 at 5.14 pm.
The GBP trade at 1.5506 at 5:14 pm
The CAD trade at 1.1542 at 5:14 pm
The NZD trade at 0.6031 at 5:14 pm
The AUD trade at 0.7724 at 5:14 pm
The JPY 95.90 at 5.14 pm
The Gold price is 929 at 5:14 pm
The Crude Oil is 60.59 at 5.14 pm
Japan Market
The Nikkei index open at 9372 and close at 9344, high is 9399 +54(+0.59%)
Fast Retailing 10,560 +40(+0.38%)
UFJ 619 +2(+0.32%)
Toyota 3660 -20(-0.54%)
Sumitomo Mitsui Financial 3810 +30(0.79%)
HK Market
The HS Index open at 17486 and close at 17475 -68(-0.39%), May Future is 17361, the turnover volume is 738 M and previous is 837M
The 005 open at 67.50 and close at 67.95 and previous close at 68.35 with turnover 27M and previous is 55M
The 3988 open at 3.010 and close at 2.96 with volume 489M and previous close at 2.97 with turnover 606M
The 1398 open at 4.88 and close at 4.81 with volume 396M and previous close at 4.84 with turnover 284M
Hang Seng Index 17475.84 -68.19 -0.39%
HSI - Finance 25895.58 -144.01 -0.55%
HSI - Utilities 35709.48 -561.79 -1.55%
HSI - Properties 21903.00 -144.16 -0.65%
HSI - Commerce & Industry 9645.50 +6.12 +0.06%
Hang Seng China Enterprises Index 10042.61 -29.90 -0.30%
Hang Seng China H-Financials Index 12999.54 -58.23 -0.45%
Hang Seng Composite Index 2421.16 -7.08 -0.29%
Last update: 20-05-2009 16:01
Hang Seng China 50 Index 5418.64 -40.58 -0.74%
Hang Seng China AH Premium Index 127.28 -0.99 -0.77%
China market
The Shanghai Index open at 2676 and close at 2651 with volume 1,377and previous close at 2676 with volume 1482M
BOC close at RMB3.57
ICBC close at RMB4.28
Release Reports
International
Wednesday, May 20, 2009
2:00 a.m. GER: Apr PPI
4:00 a.m. ITA: Mar Indus turnover & orders
7:00 a.m. CAN: Apr All Items CPI (Cur Month) Previous: +0.2%
7:00 a.m. CAN: Apr All Items CPI (Cur Year) Previous: +1.2%
7:00 a.m. CAN: Apr Core CPI (Cur Month) Previous: +0.3%
7:00 a.m. CAN: Apr Core CPI (Cur Year) Previous: +2%
8:30 a.m. CAN: Apr Composite Leading Indicators Index(LII) Previous: -1.3%
7:50 p.m. JPN: Mar Tertiary Industry Activity (on month) Previous: -0.8%
Previous: -3.2%
US Market
Wednesday, May 20, 2009
7:00 a.m. Mortgage Applications Refinance Index: Previous: -11.2%.
10:30 a.m. May 22 U.S. Energy Dept Oil Inventories
2:00 p.m. Apr Federal Reserve FOMC Minutes
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