Sabtu, 05 Januari 2008

Asian market preview 07/01/2008

The US markets tumbled again on Friday, completing the worst start of the year since 2000. The Dow tumbled 256.54 pts or 1.96%, Nasdaq fell 98.03 pts or 3.77% and S&P500 lost 35.53 pts or 2.46%. The bad economic data that came out this week helped contribute the the fall in the markets. ISM manufacturing index which fell to 47.7 in December, the job data with higher unemployment rate and the lower than expected non-farm payrolls of 18,000 all have indicated that the US economy will sink into recession. The Dow have decreased 3.5% last week, Nasdaq lost 5.6% so far this year and S&P500 lost 3.9% in the first 3 days of trading.
Asian markets may open lower today after the plunge in Wall St on Friday. Renewed concerns on US recession may pace the fall in Asian markets with exporters the main sector to be hit. Crude Oil traded at $97ish per barrel, gold at $860ish and JPY at 108.50ish. Nikkei futures settled at 14480 in CME, compared to the close of 14670 here on Friday.
Kospi may open lower again today after disappointing jobs data came out of the US on Friday. Kospi may open around 234ish and if it opened around there or higher, I still think it's quite safe to SELL and get a quick profit. Kospi may touch the 230 mark again today should the investors decide to flee from investing in higher risk assets due to the mounting recession problems from the US. However, the strength in Asian markets itself may be a point to consider and Kospi may not fall as bad as I anticipated in the end of the trading session. Volatility is the key for day traders here. Kopsi may move between: 229ish-235ish.
Hangseng may open lower again after gaining some grounds on Friday. I think the effect from Wall St may hit Hong Kong's exporters and this may be costly considering how volatile the Hangseng market is. Should Hangseng opened higher than 27300ish mark, I think it's quite safe to get a SELL and get quick profit today. Hangseng may fall to below 27000 mark again today in a volatile session between investors fleeing and those seeking cheap stocks. The strength in Hangseng market, which is closely related to China, may not be affected as bad by the bad US data in the end of the trading session. Volatility is the main key for us, day traders here. Hangseng may move between: 26700ish-27500ish.

Jumat, 04 Januari 2008

Asian market review 04/01/2008 (Indonesian)

Pelemahan terjadi di awal perdagangan untuk beberapa pasar2 di Asia seperti yg diperkirakan hari ini seiring dengan penutupan flat di AS semalam. Nikkei terpukul habis kebawah hari ini kehilangan lebih dari 3% setelah liburan panjang menyambut tahun baru. Nikkei dibuka di 14905 dan terus mengarah kebawah seiring dengan berjalannya waktu trading, meskipun Nikkei hanya jalan setengah hari. Nikkei menyentuh harga terendah di 14565 dan ditutup di 14670. Data ekonomi yg buruk dari AS, kenaikan harga minyak dan emas memberikan kontribusi yg signifikan untuk jatuhnya pasar di Jepang.
Kospi dibuka sedikit melemah di 235.65. Tetapi, level ini lebih tinggi daripada yg saya antisipasi hari ini, jadinya saya hanya menonton pergerakan harian hari ini ketika Kospi terjun kebawah ke arah 231.50. Kospi melakukan rebound seperti yg diperkirakan dan menyentuh 238.30 sebelum ditutup di 236.95. Saya rasa, ini adalah teknikal rebound setelah Kospi jatuh untuk 2 hari berturut2, para investor mungkin berpikir mereka dapat mencari saham2 murah untuk mendapatkan profit2 cepat. Kospi bergerak antara: 231.50-238.30.
Hangseng dibuka naik sedikit di 27068 dan selanjutnya dia mengikuti trend kebawah ke arah 26911 dalam hitungan menit di awal perdagangan. Kemudian, Hangseng melakukan rebound seperti yg diperkirakan dan menyentuh harga 27692 di sesi 1 sebelum ditutup di 27601. Sesi 2 dibuka di 27635 dan Hangseng mengalami pergerakan rollercoaster, bergerak antara 27400an-27600an dan Hangseng ditutup di 27658. Hangseng bergerak antar: 26911-27692 hari ini.

Asian market review 04/01/2008

A softer start to some asian markets as expected today following the flat close on Wall St overnight. Nikkei was hammered heavily today losing more than 3% after a long new year's holiday. It was opened at 14905 and it went downhill all the way throughout the trading session, reaching as low as 14565 and closed at 14670. The bad economic data from the US, the ever rising oil and gold prices contributed to the fall in Japan.
Kospi opened softer by a bit at 235.65. However, this level is higher than I anticipated so today I just watched and see Kospi when it slid downhill to as low as 231.50. It then rebounded back up as expected and touched as high as 238.30 before closing the day at 236.95. I think it's only a technical rebound after Kospi falling for 2 days in a row, investors may think that they're looking for bargain stocks to get some quick profits. Kospi moved between: 231.50-238.30.
Hangseng opened marginally higher at 27068 and it went south first towards 26911 within minutes of the trading session. It then went upwards as expected and reached as high as 27692 in the 1st session to close at 27601. 2nd session was opened at 27635 and it had a rollercoaster ride, moving between 27400ish-27600ish and Hangseng was closed at 27658. Hangseng moved between: 26911-27692 today.

Asian market preview 04/01/2008 (Indonesian)

Pasar2 di AS ditutup flat semalam setelah jobs data yg keluar sedikit negatif. Kebanyakan saham2 jatuh, dipimpin oleh retailers dan pembuat mobil setelah pelemahan yg terjadi di pasar pekerjaan dan juga turunnya penjualan mobil menambah kekhawatiran bahwa pengeluaran konsumen akan terus melambat. Perusahaan menambah 40,000 pekerjaan bulan lalu, turun dibandingkan bulan sebelumnya yg menambah 173,000. Pasar2 di AS juga menunggu data non-farm payroll yg akan keluar malam ini. Dow Jones naik 12.76 pts atau 0.1%, Nasdaq turun 6.95 pts atau 0.3% sedangkan S&P500 tidak berubah di 1447.17.
Pasar2 di Asia mungkin akan dibuka sedikit melemah. Sektor komoditi lagi2 menjadi sorotan setelah minyak menyentuh harga tertinggi lagi di $100.06 semalam dan mungkin akan menjadi penopang bagi pasar2 di Asia. Harga emas ada di $863an, minyak di $99an per barrel, JPY ada di 109.50an. Nikkei futures di CME ditutup di 14950.
Kospi mungkin akan dibuka melemah sedikit lagi hari ini dan pergerakan hari ini mungkin akan lebih volatile lagi melihat keadaan market di AS semalam. Rebound teknikal mungkin akan terjadi dan akan melanjutkan harga kemarin. Jika Kospi dibuka lebih rendah dari 235.50 untuk saya, saya rasa masih cukup aman untuk BUY dan mengejar profit cepat. Kospi mungkin akan ebrgerak di kisaran 233an-239an hari ini. Saya sendiri masih menunggu BUY saya yg ada di 242.50.
Hangseng mungkin akan mengalami rebound hari ini setelah jatuh lumayan dalam si 2 hari terakhir. Area yg cukup bagus untuk BUY adalah jika Hangseng dibuka lebih rendah dari 27000. Jika tidak, wait n see adalah pilihan yg tepat di saat2 seperti sekarang. Hangseng mungkin akan bergerak di kisaran 26900an-27600an.

Asian market preview 04/01/2008

US markets ended pretty flat last night after a mild jobs data came out of the US. Most stocks fell, led by carmakers and retailers after a weakening job market and falling auto sales increased concern that consumer spending will slow. Companies added 40,000 jobs last month down from previous month of 173,000 increase. US markets are also waiting for non-farm payroll report which will come out tonight. Dow Jones added 12.76 pts or 0.1%, Nasdaq lost 6.95 pts or 0.3% while S&P500 was little or no change at all at 1447.17.
Asian markets may be opened weaker but not by much I guess. Commodities sector had a good run again last night after oil touched its new highest at $100.06 and that may caused Asian market to rebound from the steep losses for the past 2 days. Gold was recently at $863ish, oil at $99ish per barrel, JPY at 109.50ish. Nikkei futures at CME closed at 14950.
Kospi may open lower by just a little bit and today's move maybe quite volatile seeing how the US markets move overnight. A technical rebound may happen and will continue from yesterday's close. If Kospi opened lower than 235.50 for me I think it's still a good area to BUY to get a quick profit. Kospi may move around 233ish-239ish today. I'm still waiting for my BUY at 242.50 on Monday.
Hangseng may have a rebound today after plunging quite deep for the past 2 days. A good area to BUY is if Hangseng opened lower than 27000. If not, just wait and see for a good time around mid session or even wait for 2nd session. Hangseng may move around 26900ish-27600ish.

Kamis, 03 Januari 2008

Asian market review 03/01/2008 (Indonesian)

Pasar2 di Asia dibuka melemah seiring dengan jatuhnya pasar2 di AS semalam. Jatuhnya pasar disebabkan oleh kekhawatiran dengan kondisi perekonomian AS yg hampir mengalami resesi dengan data2 yg jelek yg keluar dari AS sendiri. Harga2 minyak dan emas yg melambung tinggi semalam, juga menyebabkan jatuhnya bursa global, tetapi dengan tingginya harga2 komoditas, banyak juga perusahaan2 yg mendapatkan profit dari sini dan itu juga membantu mengurangi penurunan market2 di Asia.
Kospi dibuka melemah seperti yg diperkirakan tapi tidak serendah yg saya antisipasi pagi tadi. Kospi dibuka di 234.55 dan main di sekitar harga tersebut dengan kecenderungan pelemahan yg terjadi hampir sepanjang hari. Kospi menyentuh harga terendah 232.10 setelah 90 menit trading. Kemudian, Kospi rebound naik dan main di kisaran 233an-234an sebelum akhirnya naik lagi dan menyentuh harga tertinggi di 236.80 sekitar 35 menit sebelum akhir perdagangan dan ditutup di 236.00. Saya sempat mendapatkan SELL di 234.40 dan saya ambil profit saya ketika Kospi gerak kebawah 233.00. Kospi bergerak antara: 232.10-236.80.
Hangseng juga dibuka melemah dan lebih parah dari yg saya perkirakan di 26975. Hangseng bergerak di kisaran 27000an-27200an. Lalu, Hangseng naik sedikit dan menyentuh harga tertinggi sesi 1 di 27154 dan akhirnya sesi 1 ditutup di 27074. Sesi 2 dibuka di 27104 dan melanjutkan naik ke 27270 sebelum akhirnya balik kebawah dan ditutup di 27021 untuk hari ini. Hangseng bergerak antara: 26821-27270.

Asian market review 03/01/2008

Asian markets opened lower following US markets' tumble last night. The drop in the markets are mainly caused by the fear of US recession which is mounting with every data that came out of the US. The rise in oil and gold prices to record highs also became a factor in the drop. However, some companies benefit from the rise and that also help prevent a more steeper drop. Nikkei market is still closed today and will begin 2008 trading tomorrow.
Kospi opened lower as expected but not as low as I anticipated earlier. It opened at 234.55 and it play around that price and keep breaking low steadily and touched its lowest at 232.10 after 90 mins of trading. It then rebounded up and play around 233ish-234ish before finally going up again and touched its highest at 236.80 at 35 mins before the end to close the day at 236.00. I did get a SELL today near the open at 234.40 and I get my profit when it went below 233.00. Kospi moved between: 232.10-236.80
Hangseng also opened lower and it was even further than I expected at 26975. It played around open price ranging from 27000ish-27200ish. It then rises a bit and reached its peak at 27154 and Hangseng was closed 1st session at 27074. 2nd session opened at 27104 and it went further up and touched its day high at 27270 before going back down and was closed at 27021 for the day. Hangseng traded ranging from: 26821-27270.