Dow Jones: 22,686.22 pts (-660.02pts, -2.83%)
Wall Street was rocked by another wave of selling pressure as the Dow (-2.8%) sank, dragged down by Apple Inc's weak sales guidance. The immediate support is located at 22,000.

FBM KLCI: 1,675.83 pts (+7.72pts, +0.46%)
The FBM KLCI (+0.5%) recovered some of its previous session losses, taking cue from the positive developments on Wall Street overnight. The immediate resistance is located at 1,700.

Crude Palm Oil: RM2,151 (-RM15, -0.69%)
Crude palm oil prices edged lower on profit taking from the sharp gains recorded in the previous session. The immediate support is located around RM2100.

WTI Crude Oil: $47.09 (+$0.55, +1.18%)
Crude oil prices advanced for the fourth straight session, boosted by the decline in U.S. weekly stockpiles. The immediate resistance is located at US$50.

Gold: $1,294.28 (+$9.69, +0.75%)
Gold prices registered its sixth consecutive winning streak as demand for safe haven assets rose. The immediate resistance is located around $1,300.

Economic Releases:
JP - Japan's Nikkei Manufacturing PMI, 8.30AM
CN - China's Caixin Services PMI, 9.45AM
CN - China's Caixin Composite PMI, 9.45AM
EU - Eurozone's Markit Composite PMI, 5.00PM
EU - Eurozone's Markit Services PMI, 5.00PM
EU - Eurozone's Producer Price Index, 6.00PM
US - United States' Unemployment Rate, 9.30PM
US - United States' Markit Composite PMI, 10.45PM
US - United States' Markit Services PMI, 10.45PM

Potential Momentum Stocks - 4 Jan 19 
Stock Name: SCGM (7247)
Entry: Buy above RM1.19
Target: RM1.30 (9.2%), RM1.35 (13.4%)
Stop: RM1.10 (-7.6%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: LCTITAN (5284)
Entry: Buy above RM4.66
Target: RM4.82 (3.4%), RM4.97 (6.7%)
Stop: RM4.55 (-2.4%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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