Saturday 31 August 2013

FTSE 100 Turned Bearish , Hange Seng Index Might Do Well

DOW JONE = Bearish
NASDAQ = Bullish 
S and P 500 = Bullish 


FTSE 100 (England) = Bearish ( Turned Bearish This Week ) 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bearish 
NIKKEI225 = Bearish
SEOUL = Bearish

STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bearish 
Jakarta Composite Index = Bearish
KLCI = Bearish
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bearish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bearish 

FTSE 100 Index (England) turned Bearish this week remaining 4 markets in Bullish mode.
One thing worth to mention this week would be the divergent between the index and MACD for Hang Seng Index.
Despite the plunge in Hang Seng Index, the MACD is actually maintaining well or at least level to the previous pick. This is a very Bullish sign for Hang Seng Index.


Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

All Sectors In Bearish Mode

Composite Index (KLCI) = Bearish
 
1. Construction Index = Bearish ( Turned Bearish This Week )
2. Consumer Index = Bearish ( Turned Bearish This Week ) 
3. Finance Index = Bearish
4. Industrial Index = Bearish

5. Industrial Products Index = Bearish ( Turned Bearish This Week ) 
6. Plantation Index = Bearish 
7. Property Index = Bearish
8. Technology Index = Bearish ( Turned Bearish This Week ) 
9. Trading And Services Index = Bearish ( Turned Bearish This Week )

The remaining Sectors joined the Bearish bandwagon making all sectors in Bearish Mode now. This is expected given the global market selling down for the last few weeks. I have been selling my stocks for the past week, and I hope you did too.

Sectors Turned Bearish In Sequence : (updated weekly) 
1st : Finance Index 
1st : Industrial Index 
1st : Plantation Index 
1st : Property Index 
(The above Indexes turned Bearish all in the same week) 
2nd : Construction Index 
2nd : Consumer Index 
2nd : Industrial Products Index 
2nd : Technology Index 
2nd : Trading And Services Index 

  
Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html 

Saturday 24 August 2013

5 Out Of 10 Sector Indexes Turned Bearish. Watch Out!

Composite Index (KLCI) = Bearish ( Turned Bearish This Week ) 
 
1. Construction Index = Bullish 
2. Consumer Index = Bullish 
3. Finance Index = Bearish ( Turned Bearish This Week ) 
4. Industrial Index = Bearish ( Turned Bearish This Week ) 

5. Industrial Products Index = Bullish 
6. Plantation Index = Bearish ( Turned Bearish This Week ) 
7. Property Index = Bearish ( Turned Bearish This Week ) 
8. Technology Index = Bullish
9. Trading And Services Index = Bullish 

Five out of ten index (KLCI included) turned Bearish this week. This is understandable as the global market plunge. As investors, we should not add more position for now. It is obvious that the markets will have hard time to continue the rally which lasted for several years.

Sectors Turned Bearish In Sequence : (updated weekly) 
1st : Finance Index 
1st : Industrial Index 
1st : Plantation Index 
1st : Property Index 
(The above Indexes turned Bearish all in the same week) 
  
Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html 

More & More Markets Turned Bearish Globally

DOW JONE = Bearish ( Turned Bearish This Week ) 
NASDAQ = Bullish 
S and P 500 = Bullish 


FTSE 100 (England) = Bullish 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bearish 
NIKKEI225 = Bearish ( Turned Bearish This Week ) 
SEOUL = Bearish (Turned Bearish This week)

STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bearish 
Jakarta Composite Index = Bearish
KLCI = Bearish ( Turned Bearish This Week ) 
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bearish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bearish 

Four markets turned Bearish this week, Dow Jone , Nikkei225 , Seoul and KLCI. It looks like more and more markets turning Bearish. This could mean a 'Storm' ahead of us. BEWARE! We should not at least add position to our investment.
I also added two more markets namely PSI (Philipines Stock Exchange Index) and TSEC (Thailand Stocj Exchange Weighted Index). They both showed Bearish based on GPMMA.

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

Saturday 17 August 2013

Seoul Index Turned Bullish


DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S and P 500 = Bullish ( Broke ALL TIME HIGH )


FTSE 100 (England) = Bullish 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bearish 
NIKKEI225 = Bullish
SEOUL = Bullish (Turned Bullish This week)

STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bearish 
Jakarta Composite Index = Bearish
KLCI = Bullish
Newly added - ASX ( Australia All Ordinary Shares Index ) = Bullish
Newly added - BSE 30 ( Sensex - Bombay ) = Bearish 

Seoul turned Bullish this week and the rest remain.
DJIA , Nasdaq , S&P and FTSE are weakening fast since the MACD has been moving downwards. Next week performance is important. Let's see.

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

Technology Sector Is Toppish

Composite Index (KLCI) = Bullish ( Hit All Time High at 1826.22 )
 
1. Construction Index = Bullish 
2. Consumer Index = Bullish ( Broke All Time High ) 
3. Finance Index = Bullish ( Broke All Time High ) 
4. Industrial Index = Bullish ( Broke All Time High ) 

5. Industrial Products Index = Bullish ( Broke All Time High )
6. Plantation Index = Bullish 
7. Property Index = Bullish ( In All Time High ) 
8. Technology Index = Bullish
9. Trading And Services Index = Bullish ( In All Time High )

KLSE is Bullish as always been. All Sector Indexes are Bullish. Property Sector Index maintained well Bullish based on GPMMA. 
One sector worth to mention this week would be the divergent between Technology Sector Index and GPMMA. This could mean a temporary top for this index. See chart for reference. 
 

Sectors Turned Bullish In Sequence : (update weekly) 
1st : Property Index 
2nd : Industrial Index

3rd : Consumer Index 
4th : Finance Index 
5th : Trading & Services Index 
6th : Composite Index 
7th : Construction Index 
8th : Industrial Products Index 
9th : Plantation Index (11 April 2013) 

Sectors Made All Time High In Sequence : (update weekly) 
1.st : Trading & Services Index 
2nd : Property Index 
3rd : Consumer Index 
4th : Finance Index 
5th : Industrial Index 
6th : Industrial Products Inde
( Note : 3rd , 4th , 5th & 6th broke new high together ) 
  
Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html  


Saturday 10 August 2013

Taiwan Weighted Index & BSE30 Turned Bearish

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S and P 500 = Bullish ( Broke ALL TIME HIGH )


FTSE 100 (England) = Bullish 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bearish 
NIKKEI225 = Bullish
SEOUL = Bearish 

STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bearish (Turned Bearish This Week) 
Jakarta Composite Index = Bearish
KLCI = Bullish
Newly added - ASX ( Australia All Ordinary Shares Index ) = Bullish
Newly added - BSE 30 ( Sensex - Bombay ) = Bearish (Turned Bearish This Week)


Two markets turned Bearish this week namely Taiwan Weighted Index and Sensex - Bombay. Global markets are in mixed pictures. Nikkei225 could be the leader since all started with Nikkei225. If it turns Bearish, all others will follow.

Index With All Time High : (update weekly)  
1st : Jarkarta Composite Index 
2nd : Dow Jone Industrial Average Index 
3rd : S&P500 Index

Index In Bearish Mode : (update weekly)
1st : ASX ( Australia ) 
2nd : Heng Seng ( Hong Kong ) 
3rd : Straits Time Index ( Singapore ) 
4th :  FSTE 100 (England) 
5th : Shang Hai 
6th : Seoul 
7th : Jakarta 
8th : BSE 30 
9th : CAC 40 (France) 
10th : Nikkie225 
11th : Taiwan Weighted Index 

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

Thursday 8 August 2013

Watch Out For Property Sector

Composite Index (KLCI) = Bullish ( Hit All Time High at 1826.22 )
 
1. Construction Index = Bullish 
2. Consumer Index = Bullish ( Broke All Time High ) 
3. Finance Index = Bullish ( Broke All Time High ) 
4. Industrial Index = Bullish ( Broke All Time High ) 

5. Industrial Products Index = Bullish ( Broke All Time High )
6. Plantation Index = Bullish 
7. Property Index = Bullish ( In All Time High ) 
8. Technology Index = Bullish
9. Trading And Services Index = Bullish ( In All Time High )

Technically speaking, Malaysian stock markets are still Bullish based on GPMMA. It will be more on sideways from now on till the global markets show us the way. One thing worth to mention this week, would be the continuing weakening property sector. See chart for details. If Property Index does not improve in coming week, it will turn Bearish. Just be careful.


Sectors Turned Bullish In Sequence : (update weekly) 
1st : Property Index 
2nd : Industrial Index

3rd : Consumer Index 
4th : Finance Index 
5th : Trading & Services Index 
6th : Composite Index 
7th : Construction Index 
8th : Industrial Products Index 
9th : Plantation Index (11 April 2013) 

Sectors Made All Time High In Sequence : (update weekly) 
1.st : Trading & Services Index 
2nd : Property Index 
3rd : Consumer Index 
4th : Finance Index 
5th : Industrial Index 
6th : Industrial Products Inde
( Note : 3rd , 4th , 5th & 6th broke new high together ) 
  
Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html  


Saturday 3 August 2013

DJIA Might Plunge & ASX Might Continue Rally

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S and P 500 = Bullish ( Broke ALL TIME HIGH )


FTSE 100 (England) = Bullish 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish (Turned Bullish This Week) 
SHANG HAI = Bearish 
NIKKEI225 = Bullish
SEOUL = Bearish 

STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish 
Jakarta Composite Index = Bearish
KLCI = Bullish
Newly added - ASX ( Australia All Ordinary Shares Index ) = Bullish
Newly added - BSE 30 ( Sensex - Bombay ) = Bullish


Hang Seng Composite Index turned Bullish this week making 12 markets in Bullish out of 16 markets.
Two things worth to mention this week :

1. US stock market might head for a correction just like Malaysia given the divergent between Dow Jone Industrial Average Index (DJIA) and the indicator; MACD.


2. ASX rebounded strongly and could head higher in my opinion as the MACD rebounded higher than the previous high.

Index With All Time High : (update weekly)  
1st : Jarkarta Composite Index 
2nd : Dow Jone Industrial Average Index 
3rd : S&P500 Index

Index In Bearish Mode : (update weekly)
1st : ASX ( Australia ) 
2nd : Heng Seng ( Hong Kong ) 
3rd : Straits Time Index ( Singapore ) 
4th :  FSTE 100 (England) 
5th : Shang Hai 
6th : Seoul 
7th : Jakarta 
8th : BSE 30 
9th : CAC 40 (France) 
10th : Nikkie225 
11th : Taiwan Weighted Index 

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

Malaysian Market Corrected But Hold On Well

Composite Index (KLCI) = Bullish ( Hit All Time High at 1826.22 )
 
1. Construction Index = Bullish 
2. Consumer Index = Bullish ( Broke All Time High ) 
3. Finance Index = Bullish ( Broke All Time High ) 
4. Industrial Index = Bullish ( Broke All Time High ) 

5. Industrial Products Index = Bullish ( Broke All Time High )
6. Plantation Index = Bullish 
7. Property Index = Bullish ( In All Time High ) 
8. Technology Index = Bullish
9. Trading And Services Index = Bullish ( In All Time High )

Malaysian stock markets corrected this week as anticipated last week. The market maintains well for now based on GPMMA indicator. We have to watch very closely in coming week and also the global markets performance. I will hold on to all my investment till global markets prove otherwise.

Sectors Turned Bullish In Sequence : (update weekly) 
1st : Property Index 
2nd : Industrial Index

3rd : Consumer Index 
4th : Finance Index 
5th : Trading & Services Index 
6th : Composite Index 
7th : Construction Index 
8th : Industrial Products Index 
9th : Plantation Index (11 April 2013) 

Sectors Made All Time High In Sequence : (update weekly) 
1.st : Trading & Services Index 
2nd : Property Index 
3rd : Consumer Index 
4th : Finance Index 
5th : Industrial Index 
6th : Industrial Products Inde
( Note : 3rd , 4th , 5th & 6th broke new high together ) 
  
Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html