Dow Jones: 17,828.29 pts (-23.22pts, -0.13%)
Wall Street took a pause after a two-day rebound and ended marginally lower by 23.22 pts as traders took profit after crude oil traded near the US$50 per barrel mark. 

FBM KLCI: 1,631.09 pts (+0.13pts, +0.01%)
Monitor for a breakout above the EMA9 and the FBM KLCI might be due for a technical reboound towards 1,660.

Crude Palm Oil: RM2,579 (+RM34, +1.34%)
Crude palm oil extended its trend higher following a rally in soybean oil. CPO price may retest the resistance of the RM2,600 level.

WTI Crude Oil: $49.48 (-$0.08, -0.16%)
WTI crude oil revisited the US$50 per barrel mark and could be expecting a pull back phase over the near term.

Gold: $1,219.80 (-$4.61, -0.38%)
Gold prices stayed sideways over the past three trading days near the US$1,220 level. Monitor for a short term technical rebound

Economic Releases:
US - US GDP Personal Consumption Core Price Index  - 27 May 16, 8:30PM
US - University of Michigan Consumer Sentiment Index  - 27 May 16, 10:00PM

Bursa Malaysia Trade Statistics - 26 May 16
Institutions:  Net BUY 99.7 mln (51.8%)
Retail:  Net BUY 3.1 mln (18.9%)
Foreign:  Net SELL 102.8 mln (29.3%)

Potential Momentum Stocks - 27 May 16 
Stock Name: OCK (0172)
Entry: Buy above RM0.815
Target: RM0.880 (8.0%), RM0.920 (12.9%)
Stop: RM0.790 (-3.1%)
Technical: Potential short term breakout

Stock Name: EG (8907)
Entry: Buy above RM0.895
Target: RM0.950 (6.1%), RM1.020 (14.0%)
Stop: RM0.875 (-2.2%)
Technical: Sideways breakout with bullish candle

Source: Bloomberg, M+ Online

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