Dow Jones: 25,286.49 pts (-100.69pts, -0.40%)
U.S. stockmarkets extended their losses overnight as the Dow slipped 0.4% as earlier gains from the optimism over U.S. & China trade talks was overshadowed by the slump in crude oil prices. The immediate resistance is located at 26,500.

FBM KLCI: 1,687.57 pts (-8.57pts, -0.51%)
The FBM KLCI (-0.5%) retreated for the third straight session, taking cue from the sharp fall in Wall Street overnight. The immediate support is located at 1,670.

Crude Palm Oil: RM2,007 (-RM27, -1.33%)
Crude palm oil prices recorded its sixth straight session of decline, taking cue from the weakness in soybean oil prices. The immediate support is located around RM2,000.

WTI Crude Oil: $55.69 (-$4.24, -7.06%)
Crude oil prices slumped and consequently marked its twelfth consecutive session of decline after U.S. President Donald Trump blasted OPEC's intend to cut production in 2019. The immediate support is located at US$50.

Gold: $1,202.23 (+$1.86, +0.16%)
Gold prices snapped a seven straight session of decline after the Greenback depreciated against a basket of currencies. The immediate resistance is located around $1,250.

Economic Releases:
CN - China's Industrial Production, 10.00AM
CN - China's Retail Sales, 10.00AM
UK - United Kingdom's Inflation Rate, 5.30PM
EU - Eurozone's Industrial Production, 6.00PM
US - United States' Inflation Rate, 9.30PM

Potential Momentum Stocks - 14 Nov 18 
Stock Name: DANCO (5276)
Entry: Buy above RM0.445
Target: RM0.495 (11.2%), RM0.525 (18.0%)
Stop: RM0.41 (-7.9%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: MIECO (5001)
Entry: Buy above RM0.33
Target: RM0.36 (9.1%), RM0.39 (18.2%)
Stop: RM0.30 (-9.1%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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