Dow Jones: 27,783.59 pts (+92.10pts, +0.33%)
U.S. stockmarkets advanced as the Dow gained 0.3%, boosted by Walt Disney (+7.3%) after the media giant announced that it would be launching two direct-to-consumer (DTC) streaming services - ESPN+ and Disney+. The immediate resistance is located at 28,000.

FBM KLCI: 1,597.22 pts (-12.51pts, -0.78%)
The FBM KLCI (-0.8%) endured a sharp selloff in line with the weakness across regional peers amid the uncertainty surrounding U.S.-China trade progress, coupled with the weakness in Ringgit against the Greenback. The immediate resistance is located at 1,620.

Crude Palm Oil: RM2,586 (-RM18, -0.69%)
Crude palm oil prices reversed all intraday gains to extended its' losses, taking cue from the weakness in other oil-related commodities. The immediate resistance is located around RM2,600.

WTI Crude Oil: $57.12 (+$0.32, +0.57%)
Crude oil prices rebounded after recovering all its' intraday losses on expectations over lower production from non-OPEC members. The immediate resistance is located at US$58.

Gold: $1,463.58 (+$7.26, +0.50%)
Gold prices extended its gains amid the fresh uncertainty surrounding U.S.-China trade progress, coupled with the escalating political tension at Hong Kong. The immediate resistance is located around $1,500.

Economic Releases:
CN - China's Industrial Production, 10.00AM
CN - China's Retail Sales, 10.00AM
US - United States' Producer Price Index, 9.30PM

M+ Online Technical Trading Stocks - 14 Nov 19

Stock Name: UEMS (5148)
Buy above RM0.77
Target: RM0.84 (9.1%), RM0.87 (13.0%)
Stop: RM0.725 (-5.8%)
Shariah: Yes
Technical: Consolidation breakout

Stock Name: 3A (0012)
Entry: Buy above RM0.815
Target: RM0.85 (4.3%), RM0.88 (8.0%)
Stop: RM0.79 (-3.1%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M+ Online

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