Fool Trader KLSE Research
Daily Summary - 10 Sept 2012
YOUR MORNING COFFEE ' Monday 10/9/2012
SUMMARY
Source:Jupiter Securities Research 10 September 2012
SUMMARY
- Wall St closed 0.1% higher, on heightened bet of QE3 or quantitative easing move by US Fed this week, following the poor jobs data. In August, there were only 96,000 jobs added, against expectation of 120,000. Unemployment dipped to 8.1%.
- Dow of 13,306, is on a technical rebound. Resistance is at 13,338. RSI
- of 61, is steady.
- DOLLAR INDEX is lower at 80.1. Support is at 79.9.
- Crude oil is higher at USD96.4. Resistance is at 100.0.
- Dollar yen is lower at 78.2 yen. Support is at 77.4.
- Euro/dollar is higher at 1.279. Upside is at 1.300.
- Gold is higher at USD1734. Resistance is at 1790.
- Shanghai closed higher at 2,127.
- Singapore STI closed higher at 3,015.
- Ringgit is firmer at 3.104. Downside is at 3.210.
- S'pore ringgit is higher at 2.510. Upside is at 2.540.
- Malaysian market closed higher at 1624. On the Daily chart, it is targeting 1710 over a longer term. Near term pullback support is at 1612. RSI of 36, is up. Today's range is between 1618 and 1630.
- CPO Nov futures is lower at RM2903. Resistance is at 3270.
- Trading : MPHB ( 3859 : 3.64 ) : Targeting 3.82/Stop loss 3.52, MYEG ( 0138 : 0.78 ) : Targeting 0.86/Stop loss 0.75, IJMLAND ( 5215 : 2.31 ) : Targeting 2.54/Stop loss 2.22
Source:Jupiter Securities Research 10 September 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
save malaysia!
3
4
5
6
Koon Yew Yin's Blog
7
THE INVESTMENT APPROACH OF CALVIN TAN
8
Good Articles to Share
Le Pen makes new threat to withdraw support for French government
#
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....
