Selasa, 04 Desember 2007

Asian market Review 04/12/2007

With the Dow ending lower in last night session, a softer start was expected for Asian markets. Nikkei started at 15645, while Kospi opened slightly higher at 243.05 and HangSeng opened lower at 28515. With the exception of Nikkei, both Kospi and HangSeng moved higher in early morning trade. Kospi reached its peak at 244.65 just moments after it's opened. It went back down again though to 242ish. I did follow my guide today and put a SELL order at 243.00 and I had to liquid it quick when the price is going down after rallying to 244.65. My target price range is close enough today for Kospi with its highest price at 245.20.
In HangSeng case, I followed my guide again too today, following Kospi's early movement upwards, true enough the HangSeng moved up towards 29000 level and it touched it after just 90 mins of trading. Both market have quite a nice gain today paced by steelmakers and banking stocks. This is different to Nikkei's case where US subprime concerns again is the issue in Japan. The Nikkei closed lower at 15470, Kospi closed the session at 244.05 and HangSeng closed at 29093.

Asian market Preview 04/12/2007 (Indonesian)

Mohon maaf atas keterlambatan postingan saya hari ini dikarenakan internet saya di rumah mati disebabkan oleh hujan lebat dan banjir di area saya.
Dow Jones semalam ditutup melemah dengan kekhawatiran atas isu2 subprime dan kekhawatiran atas resesi yg dikabarkan telah melanda perekonomian AS. Saham2 perbankan dan finansial memicu penurunan di Dow dan Dow ditutup 57 pts lebih rendah atau 0.43%. Harga minyak mentah di NYMEX ada di $89an, emas di level $790an dan Yen ada di level 110an per US$. Nikkei futures ditutup di 15610 di CME semalam.
Kospi sudah dibuka ketika saya menulis blog ini. Kospi dibuka di kisaran harga penutupan kemarin di 243.05 dan dia naik menyentuh harga tertinggi sementara di 244.65. Saya ada menaruh posisi SELL karena saya yakin koreksi akan terjadi seiring dengan kondisi perekonomian AS. Target harga saya untuk Kospi hari ini adalah: 241an-245an.
HangSeng akan segera dibuka juga dan koreksi di Hong Kong akan diperkirakan terjadi juga dengan kondisi perekonomian AS yg tidak menentu. HangSeng mungkin akan jatuh ke level 28000 lagi, tetapi koreksi di Hong Kong mungkin akan sedikit karena penurunan sudah agak terefleksi kemarin ketika HangSeng turun hampir 1%. BUY order jika HangSeng dibuka di dekat level penutupan kemarin jika dilihat dari pergerakan Kospi. Target harga saya untuk HangSeng ada di: 28300an-28800an.

Asian market Preview 04/12/2007

First of all, Sorry for the late posting time, my net at home is down caused by the heavy rain overnight and flood around my area.
The Dow fell overnight with a renewed concern on subprime issues and people are worried about the US economic condition which is said to be in recession. Financial and banks stocks led the decline on Wall St, with the Down ending 57 pts lower or -0.43%. Manufacturing in the US also declined to a 10 month low caused by housing slump and the rising oil prices. Crude oil is priced at $89ish, gold at $790ish while the Yen is traded at 110ish per US$. Nikkei futures is closed at 15610 at CME overnight.
The Kospi market has already been opened by the time I wrote this preview. It opened around yesterday's closing price at 243.05 and it rose up and touched its current peak at 244.65. I did however get a SELL order as I'm quite confident that the Kospi will fell a bit following the US concerns. My target price range for Kospi today is: 241ish-245ish.
The HangSeng will be opened soon and I think with the US markets losing ground overnight, the market over in Hong Kong will have another soft session. It might fall towards the 28000 level, but the fall might be limited coz HangSeng have already fell yesterday of almost 1%. If it opened higher or near yesterday's closing price, it's safe enough to get a BUY order for HangSeng following the Kospi open. My target price range for HangSeng today is: 28300ish-28800ish.

Senin, 03 Desember 2007

Asian Market Review 03/12/2007 (Indonesian)

Pasar2 di Asia hari ini boleh dibilang mixed. Nikkei turun ke level 15680an, Kospi naik sedikit ke 242.95 dan HangSengturun hampir 1% ke 28595. Salah satu alasannya adalah profit taking yg dilakukan oleh para investor yg ingin menikmati profit karena minggu lalu market sudah naik banyak, dan mereka tidak mau spekulasi di tengah ketidak stablian marketsekarang ini. Target range harga saya untuk Kospi agak meleset hari ini, dengan mendekati level terendah di 239an tetapi target harga tertingginya beda agak lumayan di 242.95 dibandingkan dengan harga prediksi di 245an. Saya mohon maaf kepada para day traders yg mengikuti guide saya hari ini dan BUY di pagi2 hari untuk mencari 50-100 pts profit. Saya sendiri juga BUY di 242.30 di pagi hari dan saya harus menunggu sampai dekat market close sebelum saya liquid di242.90. Untuk HangSeng, prediksi target harga saya juga meleset tapi kali ini, harga tertinggi HangSeng cukup mendekati harga saya di 29100an sedangkan harga terendahnya sampai ke 28585. Hari ini juga saya melakukan sedikit gambling di sesi 2 HangSeng dan melakukan SELL di 29000. Ini diluar kebiasaan saya yg mengikuti teori sesi 2 saya dan saya tidakmenganjurkan utk melakukan hal seperti ini terlalu sering. Saya hanya melihat adanya kesempatan ketika saya lihat graph dan saya mengambilnya sebagai spekulasi.

Asian market Review 03/12/2007

Asian markets today are seen to be mixed with Nikkei fell to 15680ish, Kospi rose up a bit to 242.95 while HangSeng fell almost 1% to 28595. Lack of direction from Dow was one of the reason for this movement, another is the fear of recession in the US which mounts higher. Some profit taking wasin place too coz the markets have had quite a nice rally last week. My target price range for Kospi was quite off today with my lowest is close enough at 239ish while my high target of 245ish is well off from 242.95. My apologiesto fellow day traders who followed my guide and BUY early in the morning and wait for 50-100ish pts profit. I myselftoo BUY at 242.30 near the open and had to wait till near the close time and I settled it at 242.90. For HangSeng, my target price range prediction had once again been quite off but this time my high target price is close enough at29100ish while HS moved lower than my low target price to 28585. I did a little gambling today with HangSeng 2nd sessionand SELL HS at 29000 in 2nd session. I saw tis opportunity and took it instead of following my usual 2nd session theory.I don't recommend this approach though and I did it just for the fun of it today coz I've been waiting for Kospi the whole day. Overall, today's market is quite tricky with small price range for Kospi and Nikkei, while HangSeng moved in an unexpected manner.

Asian market Preview 03/12/2007 (Indonesian)

Dow Jones ditutup menguat hari Jumat di level 13371.72 atau menguat 59 pts (0.45%). Pengangguran di AS akan dilihat makin tinggi karena perusahaan menambah lapangan kerja yg lebih dikit dibanding bulan sebelumnya. Ini akan menjadi pemicu tambahan bagi the Fed utk menurunkan suku bunga mereka. Harga2 komoditi turun di hari Jumat, dengan minyak jatuh ke harga $88an, emas turun ke $780an. Yen di trade di harga 111an per US$. Nikkei futures di CME ditutup di level 15770, agak turun sedikit dibanding penutupan kita di 15790.
Pasar di Asia mungkin akan bergerak sedikit di pagi hari, meskipun Wall St menguat hari Jumat. Pelemahan mata uang Asia mungkin akan sedikit membantu hari ini, dan banks sector mungkin akan membantu penguatan di bursa2 Asia. Kospi mungkin akan dibuka dekat2 dengan harga penutupan hari Jumat. Jika ini terjadi dan Kospi ada di level 242an, saya rasa akan agak aman untuk BUY dan mendapat profit dalam waktu kurang lebih 1 jam. Jika Kospi dibuka melonjak keatas, tunggu saja pergerakan market dia selama kurang lebih 1 jam untuk memastikan kemana market cenderung bergerak atau jika ingin lebih yakin, dapat juga menunggu sampai pasar HangSeng buka di jam 8.45. Prediksi target range harga untuk Kospi saya hari ini adalah: 239an-245an.
HangSeng hari ini mungkin akan sama dengan pergerakan pasar2 di Asia yg buka sebelum dia. Penguatan di AS mungkin akan memberikan setnimen positif untuk HangSeng hari ini. Penguatan akan cenderung terjadi dan target range harga untuk HangSeng hari ini adalah: 28500an-29000an.

Market Preview for 03/12/2007

With the Dow closing higher on Friday, closed at 13371.72 or up bt 59 pts (0.45%). Jobless claims went up with companies adding fewer job than the previous month. Companies created 75000 jobs, less than half than October, where companies created 160000 jobs. The Fed however, signaled of a further rate cut to help ease the concern in the financial markets. Commodities prices plunged on Friday with Crude oil fell below $90 to $88ish, gold fell to $780ish and Yen was traded at low 111ish per US$. Nikkei futures on CME closed at 15770, little change from our own close at 15790.
Asian markets might move little in the morning, despite the gains on Wall St. The weaker Asian currencies might help exporters today. The Kospi might open near to Friday's close around 242ish. If it open at 242ish, I can say that it's quite safe to BUY and expect a profit within the hour. However, if the Kospi jumped up, just wait it out for an hour or so before taking a position for day traders. My target price range for Kospi today would be 239ish-245ish.
For HangSeng, it might follow up the movement of the other Asian markets in the morning, but with the strength on US, the HangSeng might advance a little bit more today. Financial sectors might help boost the market today. My target price range for today is: 28500ish-29100ish.