With the halt of negotiation talk from the Chinese representatives expressed on Friday, trade war fear escalation was again thrown into focus. China markets represented by Shanghai Composite index dropped immediately down 2.45% after such news on Friday, May 17th. All major US equity markets were not spared from such new development; all were down … Continue reading Is Global Recession Inevitably Coming?
Last Sunday, May 5th, President Trump of the US twisted in 102 words that he is going to raise tariff rate to 25% from 10% for Chinese good import value of USD 200 billion starting from Friday. This twister message has reportedly wiped out more than 13 billion USD from the worldwide stock market in … Continue reading Don’t Panic, It’s not the End of the World Yet!
While most authentic economic experts have been predicting global economy is going to slow down in 2019, however there are peculiar signs showing up last week that this prediction might not be coming true. It has also further verified my view recently released in April Market Watch where global market might be turning into a … Continue reading Here’re the Reasons why global economy is not going to slow down in 2019
While most global markets cheerfully turned bullish last week, Kuala Lumpur Composite index is the only market that turned bearish. It has totally missed the best market bliss last week. As a citizen, it became worrisome for what happened to Malaysia market outlook as it stains with the title as the worst performing market for … Continue reading Malaysia Market: The Worst is the Best
With the big drop on the Gold price last Thursday, April 4th, an obvious Symmetrical Triangle pattern has been significantly crafted out (see Chart A). This pattern formation is telling investors mountain of information about market direction that is seemingly heading. Symmetrical Triangle pattern of a security indicates that the underlying is about to break … Continue reading Market is about to Turn into New page ~ April Market Watch 2019
Recent Fed announcement to pause rate hike for 2019 has suddenly surprised market participants off guarded. The US dollar index (UUP) has immediately over reacted and dropped below its bullish uptrend line and threatened investors to go bearish. However gold price index did not dance with USD index. It was partly because gold price was … Continue reading Is it the Right Time to Focus on Gold?
With the announcement of President Trump for signing a temporary ending of the government partial shutdown, US markets rose to a level setting for a future breakthrough next week. In fact, global markets have slowly turned from a bearish trending at the end of 2018 to become a recovery since the beginning of the year … Continue reading Global Market Turning into a Positive Mood