Selasa, 18 Maret 2008

Asian market preview 18/03/2008

US markets ended the turbulent session mixed overnight after Fed's move to cut discount rate by 0.25% and after JP Morgan struck a deal to buy Bear Stearns at $2 a share or a tenth of its market value. Most stocks fell, led by financial companies as investors punished them, thinking that they are overvalued after the Bear Stearns' collapse. JP Morgan led the gains in Wall St as it surged 10% after its acquisition of Bear Stearns. The Fed is now expected to cut 100 bps at their meeting on Tuesday night. Gold and oil dropped from its record highs and led the oil and metal companies lower. The Dow gained 21.16 or 0.18% to 11972.25 after plunging 200 pts and rising more than 100 pts, S&P500 fell 11.54 pts or 0.90% to 1276.60 while Nasdaq fell 35.48 pts or 1.60% to 2177.01.

Asian markets may open flat today with a lot of volatilities to be expected today. Markets may rebound from yesterday's heavy losses on The Fed's prospect of a rate cut later on tonight. However, with banks and financial sectors was heavily battered overnight in Wall St, it is also possible that markets may go down further. Oil and mining companies may drop today after oil dropped more than $4, gold fell from its highest and copper drop the most on concerns that global demand is cooling. Crude oil was recently traded around $106ish per barrel, gold traded around $10002ish and JPY traded around 97.50ish. Nikkei futures closed at 11860 compared to the close of 11630 here yesterday.

The Kospi may open slightly higher today as a technical rebound is expected to happen today after heavy losses for the past few sessions. However, a lot of negative factors are still in the market today and it may cause high volatilities in the market as investors are trying to find something solid to hold onto.

Hangseng may get a rebound today after losing more than 5% yesterday. Oil and mining companies may drop today with the decline of their prices overnight. High volatilities may be expected today with bargain hunters may start kicking in but in reality, weak markets globally may still dominate the Hangseng market. The Fed is going to hold a meeting tonight and will announce its rate decision and that may be some driver for the market if investors are feeling slightly optimistic of what The Fed may offer.

Senin, 17 Maret 2008

Asian Market Preview 17/03/2008

US markets tumbled on Friday after Bear Stearns revealed that it needed rescuing. The Fed and JPMorgan Chase & Co. offered Bear Stearns relief to boost up its liquidity from a sudden crunch that has made investors nervous that the credit problems are far from over in the financial sector. The markets have risen mildly earlier after report from Labor department showed the Consumer Price Index remained flat for February which means inflation have not risen up too much. However, markets turned south after news from Bear Stearns came out. The Dow lost 194.65 pts or 1.60% to 11951.09, S&P500 fell 27.34 pts or 2.08% to 1288.14 while Nasdaq fell 51.12 pts or 2.26% to 2212.49.

Asian markets may open lower again today following fears about an ongoing credit crisis in the US, oil traded near all time high and after gold touched an all time high price at $1009ish. The weakness in US$ may also means that Asian markets may fall further. Crude oil recently traded around $109.95ish, gold traded around $1006ish while JPY traded around 98.80ish. Nikkei futures closed at 12140 in CME lower than the close of 12330 here on Friday.

THe Kospi may open lower today around 203ish and may fall further on concerns that inflation may pick up after oil traded at near all time high prices and after Korean Won gained strength against US$. US credit market concerns may also fuel more sell-off in the market however, a dim hope may be there as analysts believe that the US is close to a bottom and after Henry Paulson said that they are going to do whatever it takes to help rescue the market.

Hangseng may open lower and below 22000 mark around 21800ish today. It may fell further on investors' concerns regarding the health of the US economy and the ongoing credit crisis. High commodity prices do not offer help to the market as it signaled a higher inflation rate around the region especially after US$ grow weaker each day against most currencies. However, long term investors may start buying into the market and start collecting cheap stocks and this may cause volatility to be high in the market and may offer good advantage for us daytraders.

Jumat, 14 Maret 2008

Asian market preview 14/03/2008 (Indonesian)

Pasar2 di AS ditutup naik semalam setelah jatuh lebih dari 2% di pagi hari. Pasar2 jatuh di pembukaan dan jatuh lebih dalam setelah $16.6 milliar default di Carlyle Group menambah kekacauan di pasar finansial. Laporan ritel yg lebih lemah dibanding perkiraan juga menambah kekhawatiran bahwa AS sudah masuk resesi. Saham2 melakukan rebound setelah laporan dari S&P memprediksi akhir daripada masalah2 subprime dan juga setelah emas menembus harga $1000 per ounce, membuat rally di sektor pertambangan. Perusahaan minyak juga naik setelah harga minyak menembus harga tertinggi lagi. Dow naik 35.50 pts atau 0.29%, setelah sebelumnya jatuh lebih dari 220 pts, dan ditutup di 12145.74. S&P500 naik 6.71 pts atau 0.51% ke 1315.48 dan Nasdaq naik 19.74 pts atau 0.88% ke 2263.61.

Pasar2 di Asia mungkin akan dibuka naik hari ini seiring dengan penutupan yg sedikit positif di Wall St semalam. Pasar2 mungkin akan mendapat sedikit rebound setelah terjun bebas kemarin dan juga setelah harga2 komoditi naik lagi semalam. Harga minyak baru2 ini di trade di kisaran $110.70an per barrel, emas di trade di kisaran $995an dan US$ jatuh ke titik terendah lawan JPY dalam 12 tahun terakhir dan di trade di kisaran 100.50an. Nikkei futures untuk Juni ditutup di 12190 disini kemarin.

Kospi mungkin akan dibuka lebih tinggi hari ini seiring dengan penutupan yg lebih tinggi juga di Wall St setelah adanya optimisme bahwa masalah2 subprime akan segera berakhir. Kospi mungkin akan rebound setelah terjun bebas kemarin. Akan tetapi, kenaikan mungkin akan dibatasi oleh masih adanya kekhawatiran di pasar yg disebabkan oleh resesi di AS. Volatilitas market mungkin akan tinggi hari ini.

Hangseng mungkin akan dibuka naik setelah Wall St ditutup menguat dengan adanya optimisme berakhirnya kerugian2 subprime. Hangseng mungkin akan melakukan sedikit rebound dari terjun bebas kemarin, tetapi kenaikan mungkin akan dibatasi karena masih adanya penyebaran virus influenza yg mengakibatkan pelemahan di perekonomian di HongKong. Volatilitas mungkin masih akan tinggi hari ini dan itu akan menyenangkan untuk kita para daytrader.

Asian market preview 14/03/2008

US markets ended the session higher overnight after falling more than 2% earlier in the day. Markets fell initially at the open and fell further after $16.6 billion default at a Carlyle Group added turbulence in financial market. Weaker than expected retail sales data also added to concerns that The US is already in recession. Stocks began its rebound back up after an S&P report predicted an end to banks' subprime mortgage writedowns and after gold surged above $1000 an ounce, sparking a rally in mining shares. Oil companies also rose after oil set new record yet again. The Dow rose 35.50 pts or 0.29%, after falling more than to 220 pts, to close at 12145.74. S&P500 rose 6.71 pts or 0.51% to 1315.48 while Nasdaq rose 19.74 pts or 0.88% to 2263.61.

Asian markets may open higher today following the moderately higher close on Wall St. Markets may have slight rebound after steep losses yesterday and also after commodities prices rose higher again last night. Crude oil was recently traded around $110.70ish per barrel, gold traded around $995ish and US$ fell to its lowest against JPY in more than 12 years and was traded around 100.50ish. Nikkei futures for June delivery was closed at 12190 here yesterday.

The Kospi may open higher today following the higher close in Wall St after some optimism about subprime mortgage related problems are coming to an end. Kospi may have a rebound after sharp losses yesterday. Gains may be limited though as markets are still nervous as weaker retail sales data means that US is already in recession. Volatilities may be high in the market today.

Hangseng may open slightly higher after Wall St closed higher overnight over optimism regarding an end to subprime related writedowns. Hangseng may have a rebound from yesterday's sharp losses but gains may also be limited as an influenza outbreak may still cause problems for Hong Kong economy. Volatilities may be high in the market today and this is good for us daytraders.

Kamis, 13 Maret 2008

Asian market preview 13/03/2008 (Indonesian)

Pasar2 di AS ditutup lebih rendah semalam setelah mereka melakukan rally terbesar dalam 5 tahun terakhir. Para investor tidak yakin dan tidak mau memasukkan uang lebih banyak lagi ke pasar meskipun mereka menyukai rencana The Fed utk menyuntik $200 milliar ke dalam sistem. Para investor masih khawatir bahwa rencana The Fed mungkin akan gagal untuk membantu mengurangi masalah kredit dan tidak akan dapat mencegah resesi dengan cepat. Harga energi yg volatile juga menambah kekhawatiran karena dengan makin naiknya harga minyak, The Fed mungkin akan berpikir lagi untuk terus memangkas bunga karena naiknya inflasi di AS. Dow turun 46.57 pts atau 0.38% ke 12110.24, S&P500 jatuh 11.88 pts atau 0.9% ke 1308.77 dan Nasdaq jatuh 11.89 pts atau 0.53% ke 2243.87.

Pasar2 di Asia mungkin akan dibuka lebih rendah hari ini setelah gap yg cukup besar dibentuk kemarin pagi hanya untuk turun di dekat akhir sesi. Profit taking mungkin akan mengakibatkan market untuk turun dan kekhawatiran yg lebih banyak tentang kondisi ekonomi di AS mungkin akan menambah penurunan. Harga minyak menembus harga $110 per barrel di tengah perdagangan dan baru2 ini di trade di kisaran $109.90an per barrel. Emas di trade di kisaran $982an, US$ melemah terhadap JPY dan di trade di kisaran 101.45an. Nikkei futures ditutup di 12800 di CME dibandingkan dengan penutupan 12910 disini kemarin.

Kospi mungkin akan dibuka lebih rendah hari ini di kisaran 210an setelah rally yg cukup besar kemarin gagal untuk ditahan menjelang akhir perdagangan. Kospi pertama2 dibuka naik lebih dari 2.5% hanya untuk dibuang dan meninggalkan kenaikan 1% di akhir sesi. Profit taking yg lebih banyak mungkin akan terjadi hari ini di pasar dan para investor mungkin tidak mau menaruh lebih banyak uang ke pasar dan menunggu data2 lainnya untuk keluar dari AS.

Hangseng mungkin akan dibuka lebih rendah juga hari ini di kisaran 23150an dan mungkin akan jatuh kebawah 23000 lagi jika lebih banyak investor memilih untuk mengambil profit. Harga minyak yg makin naik mungkin akan memberatkan market juga hari ini karena dengan naiknya harga minyak, inflasi pun makin naik di masing2 negara. Volatilitas di pasar mungkin akan tinggi lagi hari ini dan akan sangat berguna untuk kita para daytrader.

Asian market preview 13/03/2008

US markets were closed lower overnight after a huge rally the day before. Investors were hesitant to pour more money into the market although they like what The Fed's plan to inject $200 billion into the system. Investors are still concerns that The Fed's plan may fail to help ease the declining credit market and won't be able to prevent recession quickly. Volatile energy prices also added to the anxiety; oil initially fell from its highs, only to go back up and set another record price and with very high crude prices, investors think that The Fed may have limited space to do something with the recession problems as inflation rises. The Dow fell by 46.57 pts or 0.38% to 12110.24, S&P500 fell 11.88 pts or 0.9% to 1308.77 while Nasdaq fell 11.89 pts or 0.53% to 2243.87.

Asian markets may open lower today after a huge gap formed yesterday's morning only to give up most gains by the end of the day. Profit taking may cause markets to edge lower and more worries about the condition of US economy may add to the decline. Crude oil set another intraday high of above $110 per barrel and was recently traded around $109.90ish per barrel. Gold was traded higher at $982ish, US$ go weaker against JPY and traded around 101.45ish. Nikkei futures closed at 12800 in CME compared to the close of 12910 here yesterday.

The Kospi may open lower today around 210ish today after a huge rally yesterday failed to hold towards the end of the session. The Kospi initially opened more than 2.5% higher only to give up most of its gains and closed at only 1% higher. Further profit taking may take place today in the market and investors may not want to bet more money into the market while waiting for more data coming out of the US.

Hangseng may open lower too today around 23150ish and may go to below 23000 again today if more investors decide to take profit. Higher crude oil may prove not quite healthy for the market as it means higher inflation for the Asian countries. Volatility in the market may be high again today and that may prove useful for us daytraders.

Rabu, 12 Maret 2008

Asian market preview 12/03/2008 (Indonesian)

Pasar2 di AS membukukan kenaikan terbesar dalam 5 tahun terakhir semalam setelah The Fed mengatakan bahwa mereka akan memompa $200 milliar ke dalam sistem finansial untuk membantu bank untuk mengatasi krisis kredit. Program ini merupakan gabungan Bank central global untuk membantu bank2 yg sudah kesusahan dan juga para pemberi kredit. Para investor dan analis percaya bahwa rencana ini lebih atraktif dan cara yg lebih kreatif untuk membantu ekonomi dan pasar selain hanya memotong suku bunga. Dow naik 416.66 pts atau 3.55% ke 12156.81, S&P500 lompat 47.28 pts atau 3.71% ke 1320.65 dan Nasdaq naik 86.42 pts atau 3.98% ke 2255.76. Dengan kenaikan2 ini, pasar sudah keluar dari level2 terendah mereka untuk tahun ini. Akan tetapi, banyak analis mengatakan bahwa rally ini hanya sebentar saja karena kekhawatiran akan resesi masih ada dalam benak para investor.

Pasar2 di Asia mungkin akan dibuka naik hari ini seiring dengan rally yg cukup besar di Wall St semalam dengan adanya rencana The Fed untuk menambah likuiditas ke dalam market. Harga minyak juga naik semalam ke harga rekor dan baru2 ini di trade di kisaran $108.40an per barrel, emas di trade di $973an dan JPY di trade di 103.41. Nikkei futures ditutup di 12980 di CME dibandingkan dengan penutupan 12650 disini kemarin.

Kospi mungkin akan dibuka naik di kisaran 214an hari ini setelah The Fed berencana untuk membantu bank telah memberikan confidence ke dalam market. Kospi mungkin akan melanjutkan rally kemarin dan para investor mungkin akan mulai kembali ke market setelah banyaknya data2 negatif di beberapa sesi terakhir. Mungkin akan ada banyak trader jangka pendek dan itu akan menyebabkan volatilitas yg tinggi untuk pasar.

Hangseng mungkin akan dibuka naik di kisaran 23400an dan mungkin akan melewati batas 23500 lagi hari ini yg disebabkan oleh optimisme baru untuk pasar setelah The Fed berencana menambah likuiditas. Para investor jangka pendek mungkin akan kembali ke pasar dan mencoba mendapatkan profit cepat hari ini dan itu mungkin akan menyebabkan volatilitas tinggi di pasar dan akan menguntungkan untuk kita para daytrader.