What goes up must come down but what goes down may stay down for a longer period...
As at closed 16 Oct 2014: As at 31/10/2014, markets closed:
ST -44.5 (3154) Sti + 39 (3274)
N225 -335 (14738) N225 +755 (16413)
KLCI -19 (1767) Klci +12 (1855)
HSI -239 (22900) Hsi +296 (23998)
JKT -11 (4951) Jc I +30 (5089)
DJIA -48 (16093* trading in progress) DJIA +195 (17390)
S&P -5 (1856 *) S&P +23 (2018)
Nasdaq -23 (4190*) Nasdaq +64 (4630)
The stock markets have been experiencing volatile trading for a spectrum of reasons; weakening oil prices, weak retail prices (US), weak figures from China, Swiss franc abandons euro cap, Russian adventures, ISIS, cessation of QEs' ...whatever!
Today's Index (4 Feb 2015)
ST 3415
N225 17,678
KLCI 1803
HSI 24,656
JKT 5304
DJIA 17,666
S&P 2050
Nasdaq 4727
Generally, do expect the (various) stock markets to perform well in 1Q into 2Q and we should be expecting the upswing to happen anytime soon. Called it the Capricon Effect or whatever; the deliberate weakening of currencies by a few countries is a clear sign 'monies must go somewhere'!
I am not surprised to see market dropping heavily into/around end3Q to early4Q after topping up (on the charts). The last Qtr 2015 will be very challenging!
Watch and trade with care.
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2 comments:
Markets have, in general, been climbing up discounting Ukraine, N Korea & even Greece's financial debacle.
The fear of a 'drop' has been replaced by the hope of better days ahead in a declining commodities prices environment .
21 Mar 2015
Sti 3412
N225 19560
KLCi 1803
HSI 24371
Jkt 5443
DJIA 18127
S&P 2108
Nasdaq 5026
From February to March, most, if not all markets have seen highs. Were you in the market?
There is a couple of opportunities but if missed, it is best to stay away...watch!
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