Saturday 28 September 2013

Divergent Between DJIA & MACD

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

FTSE 100 (England) = Bullish
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bullish
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bearish
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish 

The global markets remained the same as last week based on GPMMA where the Bullishness continue.
The only concern to mention this week would be the Divergent between DJIA ( Dow Jones Industrial Avereage ). I believe the surge is limited. The correction might be near too.

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

Property Sector Is Not As Strong As Most Believe

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

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

Finance Index is the only one sector turned Bullish this week remaining three sectors still in Bearish mode namely Construction Index , Consumer Index and Property Index. Despite many believes Property stocks are doing well BUT GPMMA shows otherwise. Just be careful if you have big % of your portfolio in this sector. A word of reminder :)

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index

Sectors Turned Bullish In Sequence : (updated weekly) 
1st : Industrial Products Index (13 Sept 2013) 
2nd : KLCI (20 Sept 2013) 
2nd : Industrial Index (20 Sept 2013) 
2nd : Plantation Index (20 Sept 2013) 
2nd : Technology Index (20 Sept 2013) 
2nd : Trading And Services Index (20 Sept 2013) 
3rd : Finance Index (27 Sept 2013) 

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 21 September 2013

Heroin Continue Markets Continue

DOW JONE = Bullish ( Turned Bullish And Reached All Time High )
NASDAQ = Bullish 
S and P 500 = Bullish


FTSE 100 (England) = Bullish
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bullish
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bearish
KLCI = Bullish ( Turned Bullish This Week )
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bullish ( Turned Bullish This Week ) 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish 

The 'Party' continued as announced by fed chairman Mr. Ben Bernanke with continuation supply of 'heroin' to the system ( QE3 ) on 17 Sept 2013, three more markets turned Bullish globally ; Dow Jone Industrial Average , KLCI and BSE 30 with DJIA broke all time high. As long as the party continue, the markets continue. I am more worry on the 'health' of the world economy over all of how long she could take it. . Federal Reserve has the right to continue printing money, I guess it will reach one day, all the poor could not take it any more due to the inflation and start social unrest.

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

Industrial Product Index Is In All Time High

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

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

The Bullishness of the market drove 5 sectors indexes into Bullish Mode ; KLCI, Industrial Index, Plantation Index, Technology Index and Trading & Services Index.
What is important this week is Industrial Products Index in ALL TIME HIGH. I guess we should focus more counters on this sector. If any one could suggest some, please feel free to do so.We could analyze and discuss.

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index

Sectors Turned Bullish In Sequence : (updated weekly) 
1st : Industrial Products Index (13 Sept 2013) 
2nd : KLCI (20 Sept 2013) 
2nd : Industrial Index (20 Sept 2013) 
2nd : Plantation Index (20 Sept 2013) 
2nd : Technology Index (20 Sept 2013) 
2nd : Trading And Services Index (20 Sept 2013) 

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 14 September 2013

Rebounded But Not Strong Enough

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

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

Malaysian Stock Market following the global market rebounded with only Industrial Products Index turned Bullish. Overall, Bursa Malaysia would stay in this level from now on as the recovery of MACD is not strong at all.

Sectors Turned Bullish In Sequence : (updated weekly) 
1st : Industrial Products Index (13 Sept 2013) 

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 

Five More Markets Turned Bullish

DOW JONE = Bearish
NASDAQ = Bullish 
S and P 500 = Bullish ( Backed To Bullish Again This Week )


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

What goes down will come up eventually. There are five indexes backed to Bullish Mode again ; SandP, FTSE 100, Nikkei225, Taiwan and Thailand Weighted Index.
As mentioned last week, China and Hong Kong markets performed extremely well. ASX for some reasons is also doing well. It looks like global markets are not that Bearish after all.

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 7 September 2013

China, Korea & Japan Are Doing Well

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


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

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 

S&P 500 Index turned Bearish this week while Shang Hai Composite Index & Seoul Composite Index turned Bullish. Actually, Nikkei225 is also near it's turning point to Bullish mode.
It is obvious that the China, Korea & Japan stock markets would perform well from now on. I guess it is logic to assume the fund has shifted to these three countries from our side here.
I am in the process of looking for good counters to invest & trade in Hang Seng Stock Exchange.

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

Bearish , Wait & See

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 )

Nothing much change for Malaysian stock markets. All Sector indexes are at the Bearish mode. They are all recovering but not strong enough to change the entire the market sentiment.

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