Dow Jones: 20,743.00 pts (+118.95pts, +0.58%)
U.S. stockmarkets rallied to fresh record closing on stronger-than-expected corporate earnings from retail giants like Wal-Mart and Home Depot. The 21,0000 will serve as the immediate resistance level.

FBM KLCI: 1,706.55 pts (-6.03pts, -0.35%)
The FBM KLCI (-0.4%) reversed all its previous session gains, pressured by selling activities in selective plantations and oil & gas heavyweights. The immediate support level is located around the 1,700 level.

Crude Palm Oil: RM2,783 (-RM48, -1.70%)
Crude palm oil prices tanked for the fourth straight session and consequently breached below the RM2,800 psychological level on rising edible oil supply. The RM2,700 level will serve as the next support level.

WTI Crude Oil: $54.33 (+$0.95, +1.78%)
Crude oil prices advanced on higher as OPEC pushes for full compliance in oil production cut. Crude oil prices might trend between the US$50-US$55 levels.

Gold: $1,235.74 (-$2.36, -0.19%)
Gold prices retreated but managed to trim most of its intraday losses on stronger US Dollar. The US1,250 will serve as the immediate resistance level.

Economic Releases:
MY - Malaysia's Inflation Rate - 22 Feb 17, 12.00PM
EU - Eurozone's Inflation Rate - 22 Feb 17, 6.00PM

Bursa Malaysia Trade Statistics - 21 Feb 17
Institutions:  Net SELL 36.0 mln (65.2%)
Retail:  Net SELL 9.4 mln (20.1%)
Foreign:  Net BUY 45.4 mln (14.7%)

Potential Momentum Stocks - 22 Feb 17 
Stock Name: AIRASIA (5099)
Entry: Buy above RM2.71
Target: RM3.00 (10.7%), RM3.30 (21.8%)
Stop: RM2.57 (-5.2%)
Shariah: No
Technical: Consolidation breakout

Stock Name: OPENSYS (0040)
Entry: Buy above RM0.385
Target: RM0.42 (9.1%), RM0.45 (16.9%)
Stop: RM0.365 (-5.2%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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