Dow Jones: 25,270.83 pts (-109.91pts, -0.43%)
U.S. stockmarkets halted its recovery streak as the Dow fell 0.4%, dragged down by Apple Inc (-6.6%) after announcing worse-than-expected earnings guidance. The immediate resistance is located at 25,500.

FBM KLCI: 1,713.87 pts (+6.95pts, +0.41%)
The FBM KLCI (+0.4%) advanced in tandem with the positive sentiment across regional peers on the tabling of Budget 2019. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,153 (+RM9, +0.42%)
Crude palm oil prices edged marginally higher, forming a bullish engulfing candle on improved demand. The immediate support is located around RM2,100.

WTI Crude Oil: $63.14 (-$0.55, -0.86%)
Crude oil prices retreated for the fifth straight session amid the lingering concern over rising U.S. supply and inventory level. The immediate support is located at US$60.

Gold: $1,232.89 (-$0.54, -0.04%)
Gold prices staged a pullback on mild profit taking activities from previous session gains. The immediate resistance is located around $1,250.

Economic Releases:
CN - China's Caixin Services PMI, 9.45AM
CN - China's Caixin Composite PMI, 9.45AM
US - United States' Markit Services PMI, 10.45PM
US - United States' ISM Non-Manufacturing PMI, 11.00PM

Bursa Malaysia Trade Statistics - 2 Nov 18
Institutions:  Net SELL 178.7 mln (44.2%)
Retail:  Net BUY 6.5 mln (25.0%)
Foreign:  Net BUY 172.2 mln (30.8%)

Potential Momentum Stocks - 5 Nov 18 
Stock Name: MRCB (1651)
Entry: Buy above RM0.74
Target: RM0.81 (9.5%), RM0.88 (18.9%)
Stop: RM0.69 (-6.8%)
Shariah: Yes
Technical: Breakout-pullback-continuation

Stock Name: CCK (7035)
Entry: Buy above RM0.80
Target: RM0.88 (10.0%), RM0.93 (16.3%)
Stop: RM0.75 (-6.3%)
Shariah: Yes
Technical: Bullish engulfing candle

Source: Bloomberg, M+ Online

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