Saturday 28 September 2013

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 

No comments:

Post a Comment