Sunday 23 February 2014

Markets Globally Potential Sideways Ahead

DOW JONE = Bearish
NASDAQ = Bullish 
S and P 500 = Bullish ( Turned Bullish on 18 Feb 2014 ) 

FTSE 100 (England) = Bullish ( Turned Bullish This Week on 28 Feb 2014 ) 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish( Turned Bullish On 13 Feb 2014 ) 
HANG SENG = Bearish 
SHANG HAI = Bearish 
NIKKEI225 = Bearish 
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish
KLCI = Bullish ( Turned Bullish This Week on 19 Feb 2014 ) 
ASX ( Australia All Ordinary Shares Index ) = Bullish ( Turned Bullish on 17 Feb 2014 ) 
BSE 30 ( Sensex - Bombay ) = Bearish
Newly Added - PSI (Philipines Stock Exchange Index) = Bullish ( Turned Bullish Finally on 19 Feb 2014 ) 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

Six indexes turned Bullish This Week namely :
- S&P 500
- FTSE 100
- CAC 40
- KLCI
- ASX
- PSI
Despite the rebound for some indexes globally, just like Malaysia share market, I will not rush into purchasing stocks as it usually follows by a sideways before the markets deciding the next direction; ups or downs.

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

5 Sectors Made U Turned To Bullish - Can it continue?

Composite Index (KLCI) = Bullish ( Turned Bullish This Week on 19 Feb 2014 ) 

1. Construction Index = Bearish 
2. Consumer Index = Bearish 
3. Finance Index = Bearish
4. Industrial Index = Bullish ( Turned Bullish This Week on 20 Feb 2014 ) 
5. Industrial Products Index = Bullish ( Turned Bullish This Week on 14 Feb 2014 ) 
6. Plantation Index = Bearish 
7. Property Index = Bullish ( Turned Bullish This Week on 21 Feb 2014 ) 
8. Technology Index = Bullsih
9. Trading And Services Index = Bullish ( Turned Bullish This Week on 14 Feb 2014 )

Malaysia Stock markets made a U turned for some sectors including KLCI. KLCI, Industrial Index, Industiral Products Index, Property Index and Trading & Services Index turned Bullish this week again.
It is obvious the market is heading into sideways since the plunging stops. I personally would not think that the market could continue the upsides for long.

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 8 February 2014

Bearish Ahead Globally

DOW JONE = Bearish ( Finally Turned Bearish On 3 Feb 2014 ) 
NASDAQ = Bullish 
S and P 500 = Bearish ( Turned Bearish On 4 Feb 2014 ) 

FTSE 100 (England) = Bearish 
DAX (Germany) = Bullish 
CAC 40 (France) = Bearish ( Turned Bearish On 3 Feb 2014 ) 
HANG SENG = Bearish 
SHANG HAI = Bearish 
NIKKEI225 = Bearish ( Turned Bearish On 4 Feb 2014 ) 
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish
KLCI = Bearish 
ASX ( Australia All Ordinary Shares Index ) = Bearish 
BSE 30 ( Sensex - Bombay ) = Bearish ( Turned Bearish On 4 Feb 2014 ) 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

Dow Jone Industrial Average (DJIA) finally turned Bearish on 3 Feb 2014 together with S&P 500, CAC 40, Nikkei 225 and BSE 30. It is obvious that the markets globally are now in Bearish mode.

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

One Sector Remaining Bullish

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

One Sector turned Bearish this week; Trading And Services Index remaining one sector ( Technology Index ) is Bullish. As mentioned last week, I will reduce my share holding for now. There will be a bound but I am not sure how far it will go.

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 2 February 2014

3 More Indexes Turned Bearish This Week

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

FTSE 100 (England) = Bearish ( Turned Bearish This Week On 31 Jan 2014 ) 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish 
HANG SENG = Bearish 
SHANG HAI = Bearish 
NIKKEI225 = Bullish
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish 
Jakarta Composite Index = Bullish
KLCI = Bearish ( Turned Bearish This Week On 27 Jan 2014 ) 
ASX ( Australia All Ordinary Shares Index ) = Bearish ( Turned Bearish This Week On 30 Jan 2014 ) 
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

Three indexes further turned Bearish this week namely FTSE 100, KLCI and ASX. It also looks like US stock market will be turning Bearish based on GPMMA by next week. I would liquidate some of my shares to reduce my position since more indexes tuning Bearish.

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

Time To Reduce Position - 2 More Turned Bearish

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

Kuala Lumpur Composite Index and Industrial Products Index finally turned Bearish this week making 8 out of 10 indexes are in Bearish Mode. I will dispose some of my shares from now to reduce my holding of share to less than 30% of my total share investment. It looks like bumpy road ahead of us.

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 25 January 2014

Jakarta Composite Index Made A Surprise Turn Towards Bullish

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

FTSE 100 (England) = Bullish
DAX (Germany) = Bullish (All Time High) 
CAC 40 (France) = Bullish 
HANG SENG = Bearish 
SHANG HAI = Bearish 
NIKKEI225 = Bullish
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish 
Jakarta Composite Index = Bullish ( Turned Bullish This Week on 22 Jan 2014 ) 
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

Jakarta Composite Index turned surprisingly turned Bullish this making 7 out of 18 global indexes monitored above are in Bullish Mode. With 318.24 points plunge of Dow June Industrial Average (DJIA),global markets might be at the turning point towards Bearish mode. I will not guess the market till the markets show me.

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

Four Sector Indexes Turned Bearish This Week

Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish 
2. Consumer Index = Bearish ( Turned Bearish This Week on 21 Jan 2014 ) 
3. Finance Index = Bearish ( Turned Bearish This Week on 22 Jan 2014 ) 
4. Industrial Index = Bearish ( Turned Bearish This Week on 21 Jan 2014 ) 
5. Industrial Products Index = Bullish ALL Time High ) 
6. Plantation Index = Bearish 
7. Property Index = Bearish ( Turned Bearish This Week on 22 Jan 2014 ) 
8. Technology Index = Bullsih
9. Trading And Services Index = Bullish ( All Time High ) 

Ok, Malaysian stock market showed turning around towards Bearish mode. There are four sectors turned Bearish this week namely Consumer Index, Finance Index, Industrial Index and Property Index. This could mean the end of Malaysia stock market Bullish. We just have to be ready when the Bear market comes. 

Sectors Turning Bearish In Sequence : (Updated Weekly)
1st Finance Sector 
2nd Property Sector (15 Nov 2013) 

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index
2nd : Trading And Services 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 : Construction Index (1 Oct 2013) 
4th : Finance Index (17 Oct 2013) 
5th : Consumer Index (18 Oct 2013)
6th : Property Index (21 Oct 2013) 

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 18 January 2014

6 Bearish Indexes Are In Asian Countries


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

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

6 out of 18 Global Indexes monitored are in Bearish mode. As mentioned last week, the 6 indexes are all in Asian. This is obvious that funds are flowing away from Asian countries. As contrarian, maybe we should look into Asian rather than chasing the rest of the world. 

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 17 January 2014

Plantation Turned Bearish While Property Backed Bullish


Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish 
2. Consumer Index = Bullish 
3. Finance Index = Bullish 
4. Industrial Index = Bullish 
5. Industrial Products Index = Bullish ALL Time High ) 
6. Plantation Index = Bearish ( Turned Bearish This Week On 17 Jan 2014 ) 
7. Property Index = Bullish ( Turned Bullish This Week On 13 Jan 2014 ) 
8. Technology Index = Bullsih
9. Trading And Services Index = Bullish ( All Time High ) 

Plantation Index turned Bearish this week while Property Index backed to Bullish mode (it is rather weak). 
The price of CPO (Crude Palm Oil) has been falling due to the excess supply and weak demand). This could be the reason caused Plantation Sector performed badly. 
Overall stock markets of Malaysia are doing fine. We just have to stay with it till it showed otherwise.We can have our own opinion on the market but the data (GPMMA in this case) never lie. 

Sectors Turning Bearish In Sequence : (Updated Weekly)
1st Finance Sector 
2nd Property Sector (15 Nov 2013) 

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index
2nd : Trading And Services 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 : Construction Index (1 Oct 2013) 
4th : Finance Index (17 Oct 2013) 
5th : Consumer Index (18 Oct 2013)
6th : Property Index (21 Oct 2013) 

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 11 January 2014

Fund Turned To Developed Countries

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

FTSE 100 (England) = Bullish ( Turned Bullish on 30 Dec 2013 ) 
DAX (Germany) = Bullish (All Time High) 
CAC 40 (France) = Bullish ( Turned Bullish on 31 Dec 2013 ) 
HANG SENG = Bearish ( Turned Bearish on 6 Jan 2014 ) 
SHANG HAI = Bearish 
NIKKEI225 = Bullish
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish (It is has been Bullish since 2 Dec 2013) 
Jakarta Composite Index = Bearish 
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bullish ( Turned Bullish on 2 Jan 2014 ) 
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

FTSE 100 , CAC 40 and ASX turned Bullish this week indicating that the fund is actually flowing back to Europe country or I would say developed countries.
Hang Seng turned Bearish means the fund is actually turning away to developed countries.

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 Strong

Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish 
2. Consumer Index = Bullish 
3. Finance Index = Bullish 
4. Industrial Index = Bullish 
5. Industrial Products Index = Bullish ALL Time High ) 
6. Plantation Index = Bullish 
7. Property Index = Bearish 
8. Technology Index = Bullsih ( Backed To Bullish Again on 31 Dec 2013 ) 
9. Trading And Services Index = Bullish ( All Time High ) 

This week, Technology Sector has been performing very well. It looks there are more technology counters would continue the rally. The rotational play is always the case. The rest of the sectors are the same with Finance Sector might turn Bullish in coming week. 

Sectors Turning Bearish In Sequence : (Updated Weekly)
1st Finance Sector 
2nd Property Sector (15 Nov 2013) 

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index
2nd : Trading And Services 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 : Construction Index (1 Oct 2013) 
4th : Finance Index (17 Oct 2013) 
5th : Consumer Index (18 Oct 2013)
6th : Property Index (21 Oct 2013) 

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