Dow Jones: 17,888.28 pts (-42.39pts, -0.24%)
U.S. stockmarkets ended in the negative territory for another day, erasing more than 200 pts over the week on the Dow ahead of the U.S. presidential election.

FBM KLCI: 1,648.24 pts (+0.16pts, +0.01%)
Mild bargain hunting activities were noted on the FBM KLCI near the immediate support of 1,645. The FBM KLCI may be due for a short term technical rebound towards 1,660.

Crude Palm Oil: RM2,736 (-RM38, -1.37%)
Crude palm oil pulled back after trading near the RM2,800 level as traders were cautious prior to the official data from the MPOB on 10th of Nov.

WTI Crude Oil: $44.07 (-$0.59, -1.33%)
Crude oil trended lower after violating below US$48 last week amid failing to agree on the production output in the recent OPEC meeting. 

Gold: $1,305.06 (+$2.36, +0.18%)
Gold rose above the US$1,300 level amid increasing volatility in the stockmarkets ahead of the U.S. election.

Economic Releases:
Eurozone - Eurostat Retail Sales Eurozone - 7 Nov 16, 6:00PM

Bursa Malaysia Trade Statistics - 4 Nov 16
Institutions:  Net BUY 322.6 mln (58.1%)
Retail:  Net BUY 26.0 mln (12.8%)
Foreign:  Net SELL 348.6 mln (29.1%)

Potential Momentum Stocks - 7 Nov 16 
Stock Name: SALCON (8567)
Entry: Buy above RM0.61
Target: RM0.64 (4.9%), RM0.67 (9.8%)
Stop: RM0.595 (-2.5%)
Shariah: Yes
Technical: Rebounded off EMA20 with higher volumes

Stock Name: CEPAT (8982)
Entry: Buy above RM0.80
Target: RM0.85 (6.3%), RM0.90 (12.5%)
Stop: RM0.775 (-3.1%)
Shariah: Yes
Technical: Rebounded off EMA9

Source: Bloomberg, M+ Online

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