Fool Trader KLSE Research
Daily Summary - 10 July 2012
YOUR MORNING COFFEE ' Tuesday 10/7/2012
SUMMARY
Source:Jupiter Securities Research 10 July 2012
SUMMARY
- Wall St closed 0.3% lower, ahead of the earnings reporting season, which is expected to show lower earnings. Alcoa reported in line expectation, and guided on strong demand. Consumer credit expanded
- by USD17.5bln in May, more than expected.
- Dow of 12,736 is heading higher to target 13,300. RSI of 52, is neutral.
- DOLLAR INDEX is lower at 83.1. Resistance is at 83.8.
- Crude oil is higher at USD86.0. Resistance is at 89.4.
- Dollar yen is lower at 79.5 yen. Upside is at 80.6.
- Euro/dollar is higher at 1.231. Support is at 1.187.
- Gold is higher at USD1587. Upside is at 1740.
- Shanghai closed lower at 2,170.
- Singapore STI closed lower at 2,934.
- Ringgit is stronger at 3.181. Downside is at 3.210.
- S'pore ringgit is higher at 2.510. Upside is at 2.540.
- Malaysian market closed unchanged at 1620. On the Daily chart, it is targeting 1621. Pullback support is at 1591. RSI of 68, remains positive. Today's range is between 1616 and 1626.
- CPO Sep futures is higher at RM3160. Upside is at 3289.
- Trading : MKH ( 6114 : 2.60 ) : Take profit, UMLAND ( 4561 : 2.38 ) : Take profit, MITRA ( 9571 : 0.61 ) : Take profit
Source:Jupiter Securities Research 10 July 2012
More articles on Fool Trader KLSE Research
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
2
4
bearisking
5
6
save malaysia!
7
HLBank Research Highlights
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
