Skip to main content

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%), 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

Comments

Post a Comment

Popular posts from this blog

Sector Performance MTD review 20250829

  Based on the  data table showing Year-to-Date (YTD) performance and the latest one-month percentage changes for various ETFs as of August 31, 2025, here’s a summary: Code Name 20241231 1 month % +/- 20250131 1 month % +/- 202500228 1 month % +/- 20250331 1 month % +/- 20250430 1 month % +/- 25200530 1 month % +/- 20250630 1 month % +/- 20250731 1 month % +/- 2025829 YTD % +/- ETHA iShares Ethereum Trust ETF 25.29 -0.67% 25.12 -33.16% 16.79 -17.69% 13.82 1.01% 13.96 37.39% 19.18 -0.57% 19.07 48.24% 28.27 16.09% 32.82 29.77% UFO Procure Space ETF 23.22 5.86% 24.58 -4.27% 23.53 -6.20% 22.07 1.27% 22.35 9.04% 24.37 17.93% 28.74 3.20% 29.66 14.26% 33.89 45.95% ITB iShares US Home Construction ETF 103.39 3.73% 107.25 -7.84% 98.84 -3.67% 95.21 -3.51% 91.87 -3.67% 88.5 5.28% 93.17 4.55% 97.41 13.64% 110.7 7.07% TAN Invesco Solar ETF 33.12 2.05% 33.8 -4.29% 32.35 -5.84% 30.46 -5.45% 28.8 10.49% 31.82 7.67% 34.26 7.41% 36.8 12.91% 41.55 25.45% JETS US Global Jets ETF 25.35 2.68% 26.03...
Post a Comment
Read more

Another Opportunity to witness the interest rate effect

16 -17 Dec 2008 I really glad that I am able to witness the historic rate cut decision in this century. Having an almost zero interest rate in USD. It's the last bullet in interest rate. On 16, I had already believe the traders will push up the DOW but don't know the effect is so significant +359.61 close at 8924.14 Regarding the Oil, once confirmation the Oil will cut 2M barrel, the oil gradually drop to 44 / barrel and the oil security also don't have disappointed result even the DOW climb so high, the Banking sector is the winner. On the same time, USD immediately dropped after the announcement and the EUR & JPY 1.41xx and at 5:59pm is 1.4093 &89.12 How long this rally can last? Let's wait and see. In the morning, I am still thinking how will be the +395 affect Asia Market, However, all asia markets are open high and close little bit low. HSINDEX : 15460.52 +330 2.18% the high is 15555, Japan 8658 open , 8741 high and close at 8612 I believe there will not be...
4 comments
Read more

Daily Review 20250917 Fed Rate Meeting decision

 Last night Fed finally confirmed cut 0.25 % and mostly like will have two more cut till end of 2025  We can see the most high trade volume are Gold (GLDM )and Rusell (IWM ) may be the best rate cut benefit to small cap and emerging market.  18/09/2025 LAST PRICE VOLUME PRE.CLOSE PRICE CHG % YES. VOLUME VOL.VS AVE 5 5 DAYS AV.VOLUME GLDM 72.49 3,716,116 73.07 -0.79% 11,617,189 232.17% 3,497,342 IWM 238.89 22,264,686 238.28 0.26% 79,955,604 219.47% 25,027,785 ICLN 15.06 4,649,808 14.89 1.14% 4,647,853 198.58% 1,556,629 SMH 305.25 9,647,743 307.21 -0.64% 9,600,372 197.59% 3,226,000 KRE 64.45 7,503,057 63.69 1.19% 32,616,216 187.24% 11,354,980 QQQ 590 69,384,820 591.18 -0.20% 68,486,724 174.08% 24,987,820 SPY 659.18 26,078,138 660.00 -0.12% 101,952,244 169.44% 37,838,560 XLF 54.08 12,214,299 53.56 0.97% 47,928,832 165.11% 18,078,518 XLRE 42.03 2,351,323 42.05 -0.05% 7,313,206 162.31% 2,787,984 JETS 25.85 1,020,605 25.70 0.58% 4,415,887 161.45% 1,688,973 UFO  18/09/2025 ...
Post a Comment
Read more