Dow Jones: 23,434.19 pts (+33.33pts, +0.14%)
Stellar earnings from technology giants like Amazon (+13.2%) and Alphabet (+4.2%) sent U.S. stockmarkets to close at record high levels as the Dow gained 0.1% on last Friday. The immediate resistance is located at 23,500.

FBM KLCI: 1,746.13 pts (+9.33pts, +0.54%)
The FBM KLCI (+0.5%) rebounded as Malaysia tabled Budget 2018 - which emphasize heavily on cost of living and home ownership issue. The immediate support is located at 1,730.

Crude Palm Oil: RM2,817 (+RM4, +0.14%)
Crude palm oil prices rose for the third straight session but gains were limited as signs of profit taking activities emerge. The immediate resistance is envisaged around RM2,850.

WTI Crude Oil: $53.90 (+$1.26, +2.40%)
Crude oil prices extended its gains on optimism over OPEC's potential extension of production cut whilst Iraq-Kurds did not came into an agreement to ceasefire. The immediate resistance is located at US$55.

Gold: $1,273.35 (+$6.36, +0.50%)
Gold prices recovered most of its previous session losses on uncertainty over U.S. President Donald Trump's pick for the next Federal Reserve chief. The immediate support will be pegged around US$1,250.

Economic Releases:
JP - Japan's Retail Sales, 7.50AM
EU - Eurozone's Business Confidence, 6.00PM

Bursa Malaysia Trade Statistics - 27 Oct 17
Institutions:  Net SELL 79.3 mln (59.5%)
Retail:  Net SELL 11.5 mln (19.3%)
Foreign:  Net BUY 90.8 mln (21.2%)

Potential Momentum Stocks - 30 Oct 17 
Stock Name: D&O (7204)
Entry: Buy above RM0.65
Target: RM0.71 (9.2%), RM0.735 (13.1%)
Stop: RM0.615 (-5.4%)
Shariah: Yes
Technical: Bullish engulfing candle

Stock Name: EATECH (5259)
Entry: Buy above RM0.52
Target: RM0.56 (7.7%), RM0.595 (14.4%)
Stop: RM0.48 (-7.7%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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