Saturday 30 March 2013

Only Hang Seng Index In The RED

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish ( It is near all time high


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

NIKKEI225 = Bullish
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish             
 
Jakarta Composite Index = Bullish   
KLCI = Bullish ( Backed to Bullish Again ) 

It is obvious that Hang Seng Index is the only market in red. The rest of the markets are Bullish. It looks like the Bullishness is here to stay for some time. As an investor, we should continue look for some good stocks to own.   

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

Index In Bearish Mode : (update weekly)
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

Friday 29 March 2013

Wow! KLCI Is Back & Technology Sector Might Rebound

Composite Index (KLCI) = Bullish (Backed To Bullish This Week) 
 
1. Construction Index = Bullish  
 
2. Consumer Index = Bullish    
3. Finance Index = Bullish
4. Industrial Index = Bullish 
   
 
 
5. Industrial Products Index = Bullish    
6. Plantation Index = Bearish      
7. Property Index = Bullish ( Leader )    
8. Technology Index = Bearish      
. Trading And Services Index = Bullish (ALL TIME HIGH AT 209) 

Three things worth mentioning this week for Malaysia Stock Market : 
1. Composite Index (KLCI) is back to Bullish again. I guess the market will continue the rally for long time to come 
2. Trading And Service Index made all time high of 209 on Firday 
3. There is a high probability that Technology Sector is near it's rebound (MACD has been moving up). This would give us a good opportunity to shop for some good technology stocks. (Any one could suggest and let's us discuss) 


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 

Sectors Made All Time High In Sequence : (update weekly) 
1.st : Trading & 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 23 March 2013

KLCI Backed To Bearish Mode Again

Composite Index (KLCI) = Bearish (Backed To Bearish Again This Week) 
 
1. Construction Index = Bullish
 
2. Consumer Index = Bullish    
3. Finance Index = Bullish
4. Industrial Index = Bullish 
   
 
5. Industrial Products Index = Bullish  
6. Plantation Index = Bearish    
7. Property Index = Bullish ( Leader )  
8. Technology Index = Bearish    
9. Trading And Services Index = Bullish 

GPMMA of KLCI failed to stay above and is now backed to Bearish mode again. This could simply mean uncertainty ahead of the market due to the long waited upcoming 13th General Election. 
I would think that this is the opportunity to shop for some good stocks. 

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 
    
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
 

Dow Jones Might Rest For Now

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish ( It is near all time high


FTSE 100 (England) = Bullish
DAX (Germany) = Bullish       CAC 40 (France) = Bullish
HANG SENG = Bearish
SHANG HAI = Bullish    
NIKKEI225 = Bullish
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish           
 
Jakarta Composite Index = Bullish 
 KLCI = Bearish (Turned Bearish This Week AGAIN) 

It is obvious that global markets are still bullish with only Hang Seng Index and KLCI in Bearish Mode.The only thing worth to mention this week would be the divergent between Down Jone Industrial Average Indexand it's MACD; The index has been hitting new high BUT the MACD is maintaining.

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

Index In Bearish Mode : (update weekly)
Hang Seng Index 
KLCI Backed To Bearish Again This 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

Saturday 16 March 2013

Construction Index & Industrial Products Index Turned Bullish

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

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

It is important not to use 'feeling' , 'opinion' or 'thinking' when it comes to analyzing markets. We all have been talking about the upcoming 13th election, gussing the date and suggesting the direction of the markets. But the above analysis said it all; one sectors after another turning Bullish. We just have to follow the direction. 

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 
    
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

 

Hang Seng Turned Bearish

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish ( It is near all time high


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

Jakarta Composite Index = Bullish ( ALL TIME HIGH and GOING STRONG)
KLCI = Bullish (Turned Bullish This Week But In Correction) 

Two things happened this week; 
1. Hang Seng Index turned Bearish 
2. KLCI was back to Bullish mode however it corrected on Friday (anyway GPMMA managed to stay above) 
With the above changes, Hang Seng Index is the only exchange in Bearish mode. I am not sure the reason but the important thing is to be aware when investing in Hong Kong and China stock market

Index With All Time High : (update weekly)  
1st : Jarkarta Composite Index 
2nd : Dow Jone Industrial Average Index 
Index In Bearish Mode : (update weekly)  
KLCI Backed to Bullish Again   
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

Sunday 10 March 2013

KLCI Weekly Chart Might Not Be Strong Enough

KLCI week to week, despite the surge in price and maintain at higher level, what is worrying would be the MACD indicator which has been moving down while KLCI goes up. There is a divergent between KLCI and MACD indicator. Hopefully, our KLCI will remain strong.

Saturday 9 March 2013

Dow Jone In All Time High

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish ( It is near all time high
 
FTSE (England) = Bullish
DAX (Germany) = Bullish    
CAC 40 (France) = Bullish 
HANG SENG = Bullish
SHANG HAI = Bullish  

NIKKEI225 = Bullish
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish           

Jakarta Composite Index = Bullish ( ALL TIME HIGH and GOING STRONG)
KLCI = Bearish 

What can I say? Numbers (Charts) said it all. We are in a Bullish mode globally. Dow Jone broke all time high without hesitation. I initially thought based on the weakness of MACD Indicator Dow Jone Index and Nikkei 225 would at least make a correction then continued the surge. Obviously, they did not. This is just to show the Bullishness of the entire market globally. 

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

Index In Bearish Mode : (update weekly)  
KLCI 
 
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

Three Sectors Turned Bullish This Week

Composite Index (KLCI) = Bearish
 

1. Construction Index = Bearish   
2. Consumer Index = Bullish (Turned Bullish This Week)
3. Finance Index = Bullish (Turned Bullish This Week) 
4. Industrial Index = Bullish 
 
5. Industrial Products Index = Bearish   
6. Plantation Index = Bearish  
7. Property Index = Bullish   
8. Technology Index = Bearish   
9. Trading And Services Index = Bullish 

KLCI remains Bearish BUT there are THREE Sectors turn Bullish this week ; Consumer Index , Finance Index and Trading & Services Index. I am not surprised at all as the global market has been strong and Malaysian stock market did not fall because of upcoming election as most people expected. Just look at the numbers (chart), they are getting Bullish one after another. I would rather buy from now on then waiting for the election. 

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

3rd : Consumer Index 
4th : Finance Index 
5th : Trading & 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 2 March 2013

Can Property Sector Be The Leader?


Composite Index (KLCI) = Bearish
 

1. Construction Index = Bearish   
2. Consumer Index = Bearish 
3. Finance Index = Bearish
4. Industrial Index = Bullish 
 
5. Industrial Products Index = Bearish   
6. Plantation Index = Bearish  
7. Property Index = Bullish   
8. Technology Index = Bearish   
9. Trading And Services Index = Bearish 

Malaysian stock market remains bearish with only Industrial Index and Properties Index in Bullish mode. 
Properties Index seems going strong. It might turn out to be a leader in Malaysia stock market. Maybe we could look into property sector for some potential companies. Please refer to chart
 

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