Global stock market for the month of May reflected the curse of “sell in May, go away” seasonal expectation. The entire month of May has seen global stock market slipping all the way down. Partly to blame is the rekindle trade war between US and China. Hong Kong market has its worst performing month since … Continue reading Market Observation for June 2019
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
US market has just posted the best weeks for the month since March 2016 particularly true for S&P 500 index. It has crashed those who have left market earlier but rewarded those who bet from bottom fishing. However, no one can be certain whether this surge set up a bull trapped or real bull run … Continue reading Snares of Market Predictions