Dow Jones: 25,883.25 pts (+443.86pts, +1.74%)
Wall Street was closed for the President Day public holiday overnight, whilst futures market was in the positive territory. The immediate resistance is located at 26,000.
FBM KLCI: 1,692.74 pts (+3.91pts, +0.23%)
The FBM KLCI (+0.02%) advanced in tandem with the positive sentiment across the Asia region amid trade deal hopes between U.S. and China, coupled with the rising crude oil prices. The immediate resistance is located at 1,700.
Crude Palm Oil: RM2,286 (+RM13, +0.57%)
Crude palm oil prices rebounded after the Malaysia government kept export tax at zero percent for March 2019. The immediate resistance is located around RM2,300.
WTI Crude Oil: $55.59 (+$1.18, +2.19%)
Trading in crude oil were closed in conjunction with the U.S. President Day public holiday. The immediate resistance is located at US$60.
Gold: $1,326.89 (+$4.40, +0.33%)
Gold prices march higher for the third straight session after the Greenback continues to fall against a basket of currencies. The immediate resistance is located around $1,350.
Economic Releases:
UK - United Kingdom's Unemployment Rate, 5.30PM
Potential Momentum Stocks - 19 Feb 19
Stock Name: HSSEB (0185)
Entry: Buy above RM1.05
Target: RM1.15 (9.5%), RM1.26 (20.0%)
Stop: RM0.99 (-5.7%)
Shariah: Yes
Technical: Monitor for breakout
Stock Name: SUPERLN (7235)
Entry: Buy above RM1.31
Target: RM1.39 (6.1%), RM1.44 (9.9%)
Stop: RM1.25 (-4.6%)
Shariah: Yes
Technical: Breakout-pullback-continuation
Source: Bloomberg, M+ Online
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moneykj
Buy Orion for coming q results
2019-02-19 08:56