FKLI chart of the day

remain in semi weak trend R1 1216 R2 1222 //S1 1200n S2 1180

shall we kiss 50 days SMA next mth? 1179

FKLI 2009/09/29

resistance 1215/1222 support 1200/1186,
very expensive holiday yesterday, missed all the mega show hand

FKLI tight range...zzzzzz..

support 1215/1196/1184, resistance 1223/1230/1260

vol...sleepy

roll over period.... not much chance for day trader... better go holiday....

Friday brings government reports on new home sales and durable goods orders, as well as the University of Michigan's September consumer sentiment indexStocks fell for a second day Thursday after the Federal Reserve announced plans to start unwinding some stimulus measures and a report showed existing-home sales fell last month.The Dow Jones industrial average dropped 41.11 points to 9,707.44. The Standard & Poor's 500 Index fell 10.09 points to 1,050.78.In the short term, "there's not a whole lot of bad news that could derail equities," said Robert Siewert, portfolio manager at Glenmede. "But the rally since March has been the sharpest since the 1930s and it's not surprising to see occasional pullbacks."However, Siewert said that longer term, there are a lot of headwinds that could challenge stocks, with 2010 likely a tougher year for equities. He cited challenges including the eventual rising of taxes, the labor market weakness, the still-tight credit market and the struggle of a consumer that chooses to save at the expense of personal spending.

FKLI RSI divergence buy, in a weaken trend, resistance 1222, support 1215

waiting for break up or break down....... china seem to resume on track

上证指数, shanghai index chart

fail to break up the 3100 resistance 60D , and fail to maintain above the 120D support 2868, so if tomorrow still unable to regain support by closing above 120D, the next target might be the 360D support 2600 and 2450 level of 240D, a more relax and healty economy growth n recovery....slow n easy, sure and steady....

fkli profit taking before closing

The Federal Reserve concludes its two-day policy meeting Wednesday, with an announcement expected at around 2:15 p.m. ET. With no change expected in interest rates, investors probably will focus on the bank's assessment of the economic outlook, particularly after Chairman Ben Bernanke said last week that the recession was "technically" over, but the labour market still has a long way to go.Also Wednesday, Treasury Secretary Timothy Geithner is set to testify before the House Financial Services committee on regulatory reform, starting at around 9:30 a.m. ET.Stocks advanced Tuesday as the two-year Treasury auction was met with strong demand and the dollar retreated. The Dow Jones industrial average gained 51.01 points to end at 9,829.87. The S&P 500 has risen 58.4 percent since hitting a 12-year closing low on March 9.Among financials, Citigroup (C) shares jumped 5 percent to $4.65 following news that Singapore wealth fund GIC has cut its stake in the U.S. banking company in half.Bank of America (BAC) rose 2.1 percent to $17.61 after Rochdale Securities analyst Richard Bove raised his price target on the stock, citing the bank's strengthened financial condition.But insurer American International Group (AIG) bucked the positive trend, falling 5.4 percent to $45.80 amid speculation it was planning to sell shares in a secondary offering. The stock had climbed as much as 12.4 percent to an intraday high of $54.39 before a late-afternoon reversal.On the technology front, Google Inc (GOOG) was a particular standout, hitting an intraday high of $501.99 -- its highest level since August 2008. Google's stock ended up 0.4 percent at $499.06 on Nasdaq.

footing remain firm

LONDON, Sept 23 (Reuters) - European stock index futures pointed to a mixed start for equities on Wednesday ahead of the U.S. Federal Reserve's rate decision.

fkli positive momentum continue after raya

Simsci chart, massive knock out spike, very rare

simsci knock down punch ,..from 319.x...to 301.x abt -5.5% in just few mins, reason = unknow yet

Selamat Hari Raya Aidil Fitri, maaf zahir & batin.

We would like to wish all our Muslim Members Selamat Hari Raya Aidil Fitri, maaf zahir & batin. May this Hari Raya be a special one for you and your family. May it bring you many happy moments to cherish forever

day support 1210 resistance 1222, mild profit taking

Friday's market has no economic data to chew on, but trading could be volatile and volume could be higher through the quarterly options expiration. On Friday, stock index futures and options, and individual stock futures and options all expire at the same time.

A surprise drop in weekly jobless claims Thursday to 545,000 and a better-than-expected jump in the Philadelphia Fed's index of regional manufacturing conditions continued the week's trend of stronger data.
However, the Dow finished down 7 at 9783, after drifting most of the day. The S&P 500 was at 1065, off 3 points.

weak rebound in morning

TOKYO (NQN)--Exporters slightly rebounded Tuesday morning on a pause in the yen's appreciation, with Toyota Motor Corp. (7203) shares opening 20 yen higher at 3,760 yen.

no so good....

S&P500 breaking up 360 days SMA

we only see this since 2003 after tech bubble, can this momentum sustainable ? no risk =no pain= no gain= no fun ,

taking a rest after reach the peak....

positve momentum tb continue ?

Stocks: Up On Wall St. Rally, Firm Yen Weighs
TOKYO (Kyodo)--Tokyo stocks opened higher Thursday, tracking Wall Street's rally overnight to recover the previous day's losses, though the upside was weighed down by jitters over a stronger yen relative to the U.S. dollar.

absorbing some profit taking...

Supplied by advfn.com


Tuesday 08 Sep 2009 14:55:41
US Market
Commodity Price Rally May Spur Buying Interest
The major U.S. index futures are pointing to a higher opening on Tuesday, with the optimism that characterized trading in Asia and Europe likely to pervade into the U.S. markets, which are opening after Monday’s public holiday. Commodity prices are once again on a roll, with gold breaching the $1000-an-ounce mark, with the optimism reflecting expectations of a recovery in demand and in turn an economic revival. Trading volume may remain thin, as traders return to their desk after ‘Labor Day.’
The return of M&A activity point to corporate America’s faith in growth and therefore may serve as a positive catalyst. That said, a lack of any major economic and corporate news could lead to some indecision in the session even as traders harbor hopes of a turnaround.
The major U.S. averages broke a 2-week winning streak in the week ended September 4th, as fears that the recent gains may have been overdone kept sentiment subdued in the markets throughout the week. Last Monday, economic worries dampened the mood of traders, as the major averages closed with moderate losses. Notwithstanding the support provided by some economic data, stocks fell sharply on Tuesday, with the major averages all ending down about 1%, dragged down by weakness in the financial space.
On Wednesday, stocks closed modestly lower amid some degree of volatility, as traders digested a few economic readings that essentially came in below expectations. Supported by a smaller than expected drop in retail sales reported by the nation’s retailers, the major averages closed higher on Thursday after seesawing through much of the session. After showing some apprehension in Friday’s early trading, as traders reacted to a mixed employment report, the major averages advanced sharply and ended higher, as the shrinking job losses became the focus of traders.
For the week, the Dow Industrials and the S&P 500 Index lost 1.08% and 1.22%, respectively, while the Nasdaq Composite ended down 0.49%.
Among the sector indexes, the Philadelphia Housing Sector Index and the KBW Bank Index fell over 4.5% each for the week, while the NYSE Arca Securities Broker/Dealer Index lost 2.35%. The Dow Jones Utility Average, the NYSE Arca Oil Index, the Philadelphia Oil Service Index and the S&P Retail Index declined over 1% each. On the other hand, the NYSE Arca Gold Bugs Index climbed 12.14% and the Dow Jones Transportation Average rose to 1.06%.

finally a happy hari raya

support at 1200 and 1193 level, resistance had moved to the 1260 level

heavy pressure.....when apporach 1200

long time no see....

All U.S. financial markets will be closed on Monday for the Labor Day holiday.The week is fairly light on economic reports, with readings on the trade gap, initial weekly jobless claims and preliminary September consumer sentiment.Also expected are data on the U.S. international trade balance and the Federal Reserve's Beige Book covering anecdotal evidence of economic conditions

mild profit taking in the morning

super poowerful HKEX 10 min shoot up near 400 point

trigger all seller stop loss order....cutting 20,000 resistance like paper

shortist blast off .......

The non-farm payrolls report from the Labor Department is due before the start of trading Friday. A Reuters Survey of 81 economists forecast employers cut 225,000 jobs last month, the smallest cut since August 2008. The survey also shows the unemployment rate edging up to 9.5 percent from 9.4 percent.A better than expected report takes stocks higher and a worse than expected report sends them lower.However, We have seen a growing trend in the market where stocks don’t move on good news. "The market now seems to be reacting negatively to positive news, and that's a change that has to be noted," counsels Carl Birkelbach, of Birkelbach Investment Securities in Chicago. There was some late-day buying on Thursday which suggests people on the Street think unemployment could surprise to the upside. Also on Friday, Treasury Secretary Timothy Geithner meets with the G-20 Finance ministers in London.Trading volume is likely to be light and markets could be particularly volatile ahead of the three-day Labor Day holiday.

profit taking day ?

testing resistance

soft landing critical support 1136, resistance 1173

Two readings on the labor market are due Wednesday in the lead up to Friday's big August jobs report.Payroll services firm ADP is expected to report that employers in the private-sector cut 246,000 jobs from their payrolls in August after cutting 371,000 in July. Additionally, Challenger, Gray & Christmas, an outplacement firm, will report on the number of announced job cuts in August. A July reading on factory orders is also due in the morning from the Commerce Department. Other reports include the minutes from the last Federal Reserve policy meeting, the weekly crude oil inventories report and the July reading on factory orders.Stocks started September, a typically bad month for the market, with a sharp selloff amid worries about more bank failures and the fact that the market may have gotten ahead of the recovery. The DJIA lost 185.68, or 2 percent, to close at 9,310.60 yesterday.Citigroup ($4.54 -$0.46)lost 9.2 percent, bringing its two-day total decline to 13 percent. AIG ($36.00 -$9.33) tumbled another 21 percent today after more than tripling in August.
Ladies and Gentalment, we will landing shortly, thank you for flying with FKLI, we wish you had a pleasant flight, hope to serve you again soon.

market tunning weak