After my last week's blog release, we were hoping the US market to rise near its historical height and attempting to test and either break up or fail to break up the strong resistance line. If it fails, it would most probably reverse market trends into decadal bearishness. However, when the market opened on Monday … Continue reading Market Movers Next Weeks
A few days ago, US markets had two days major slide leading global market retrieve overnight. The cause of the slide was bad corporate reports started the quarterly reporting season in the fear of the backfire from the trade war effect. However, a few more good US economic reports like high employment rate has calmed … Continue reading October Market Watch: Significant Market Move Weeks Ahead
If you have been watching your “crop,” you would have noticed the Malaysian bond fund has been dropping consistently since 17th September (Tues). Commentators may have noticed there is an outflow of foreign funds from the Malaysia bond market, but no one really knows for sure the cause of it. So far, there is no … Continue reading How to Tackle Bond Drop Crisis
Interestingly, at the backdrop of all negative global economic prognosis, most US market indexes have arrived at or near historical heights at the market close on Friday (Chart A). There is an important observation for the market trend next week. There can be two scenarios; the US market may break above historical height or drop … Continue reading Decisive Market Future Next Week
If you are investing through mutual funds following my recommendations, all your funds should now be positive by now. Because all US markets have all broken through their resistance a few days ago. They are now posed for the bullish run next week unless Trump makes another shocking tweet within these few days. US markets … Continue reading Your Investment Should be in Positive Territory by Now
It was an exciting week we have just experienced as far as market fireworks are concerned. In the previous week, we saw the little market drop after the Fed announcement of an interest rate cut and followed by Trump kicked off trade war battle for another round of tariff hike by 10% against Chinese imported good … Continue reading After China Being Labeled as Currency Manipulator, What is Next then?
It is right within our expectation that Fed yielded to public and political pressure to cut-rate as announced on August 1st, Thursday morning (Asian time). However, the market reacted with weird responses. Both the equity market and gold prices dropped dead, while USD rose unexpectedly. The only explanation would be that market was disappointed with … Continue reading Precious Window of Opportunity Right Here