Dow Jones: 25,954.44 pts (+63.12pts, +0.24%)
U.S. stockmarkets continues to trend higher after enduring a choppy trading session after the latest U.S. Federal Reserve minutes meeting pointed to a dovish tone on future rate hikes. The immediate resistance is located at 26,000.

FBM KLCI: 1,726.18 pts (+19.62pts, +1.15%)
The FBM KLCI (+1.2%) recorded its biggest daily gain year-to-date as sentiment was boosted by the appreciation of emerging market currencies against the Greenback, coupled with the higher crude oil prices. The immediate resistance is located at 1,730.

Crude Palm Oil: RM2,245 (-RM15, -0.66%)
Crude palm oil prices extended its losses after export data from 1st to 20th January 2019 was broadly flattish. The immediate resistance is located around RM2,300.

WTI Crude Oil: $57.16 (+$1.07, +1.91%)
Crude oil prices extended its gains, boosted by the smaller-than-expected increase in inventory levels. The immediate resistance is located at US$60.

Gold: $1,338.44 (-$2.50, -0.19%)
Gold prices halted a four-day winning streak as demand for safe haven assets fades. The immediate resistance is located around $1,350.

Economic Releases:
US - United States' Existing Home Sales, 11.00PM

Potential Momentum Stocks - 21 Feb 19 
Stock Name: MMSV (0113)
Entry: Buy above RM0.895
Target: RM0.965 (7.8%), RM1.05 (17.3%)
Stop: RM0.855 (-4.5%)
Shariah: Yes
Technical: Resistance breakout

Stock Name: D&O (7204)
Entry: Buy above RM0.77
Target: RM0.85 (10.4%), RM0.90 (16.9%)
Stop: RM0.73 (-5.2%)
Shariah: Yes
Technical: Consolidation breakout

Source: Bloomberg, M+ Online

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