day trader

finally a overdue correction come in

2010-01-28T18:17:00.003+08:00

support 55 resistance 77, mkt become more active during the last few days of jan, more fun... more range..hopefully this will continue in feb

fkli remain positive trend.. since 2009

2010-01-20T10:40:00.001+08:00

still remain a positive positioning, however shortage of day trading range ....

FKLI 2010 a good opeining for 1st day trading session

2010-01-05T10:13:00.002+08:00

FKLI

fkli is testing the support line again

2009-12-22T10:20:00.001+08:00

holiday mood

2009-11-26T10:48:00.001+08:00

2009-11-20T17:56:00.000+08:00

2009-11-20T15:51:00.001+08:00

resume...

2009-11-13T15:58:00.000+08:00

FKLI testing support again...

2009-11-12T09:17:00.001+08:00

15 min support- stress test

2009-11-11T11:46:00.003+08:00

some broad base profit taking....158 up 378 down

fkli ,some profit taking after hitting high point

2009-11-10T10:11:00.000+08:00

FKLI Gap up 1280 , breaking.. critical resistance 1274, will resistance turn support ?

2009-11-10T09:21:00.003+08:00

TOKYO (Kyodo)--Tokyo stocks opened higher Tuesday, buoyed by a rebound on Wall Street overnight which sent the Dow Jones index to a 13-month closing high.
Foreigners Net Buyers Of Japan Stocks In Oct
TOKYO (NQN)--Overseas investors were net buyers of Japanese stocks to the tune of 531.6 billion yen in October, the Ministry of Finance said Tuesday. This was the first month of net purchases in two months. Buying stood at 12.839 trillion yen, with sales at 12.307 trillion yen. Foreigners seem to regard prices of Japanese stocks as a bargain.

fkli trend still remain positive, with 5 / 6 pt premium, support 1268 / 66 level

2009-11-09T08:55:00.003+08:00

klse vol active,

2009-11-06T11:20:00.004+08:00

1125 AM VOL 734K, easily hit 1b today..however some active tech counter turn red...

some weakness in FKLI

2009-11-05T11:19:00.000+08:00

FKLI reobund from yesterday heavy selling

2009-11-04T09:23:00.002+08:00

morning chart, premium 6 pt.

2009-11-03T09:46:00.000+08:00

s&p 500 had moved into a slower trend ,breaking the 50d and 60 d support

2009-10-31T14:30:00.003+08:00

FKLI testing resistance 1241

2009-10-29T12:20:00.003+08:00

penetrating support 1236

2009-10-29T09:21:00.003+08:00

Market Skepticism Over Recovery Likely to Keep Sentiment Subdued

overall lack of buying interest in the morning

2009-10-28T11:30:00.003+08:00

tight range day, close below resistance..1267

2009-10-26T17:18:00.000+08:00

FKLI 1259 support remain firm

2009-10-26T15:54:00.002+08:00

DJIA FUTS +34

counter up 111, down 389,

2009-10-26T11:25:00.003+08:00

broad base profit taking...

FKLI breaking up resistance 1267

2009-10-23T10:03:00.002+08:00

yesterday fkli break 30 min chart intermediate support, but now breaking 30 min critical resistance @1267

fkli testing resistance 1266 /1273

2009-10-22T14:42:00.003+08:00

FKLI pre budget rally support penetrated, support 1152 resistance 1163/1173

2009-10-22T10:56:00.003+08:00

pre

FKLI premium..reduced ....to 0-2 pt

2009-10-21T09:44:00.002+08:00

still boosting....hard,, support 1268 / 1260

2009-10-20T12:44:00.003+08:00

fkli still defend hard, despite asia..slight lower

2009-10-19T09:58:00.001+08:00

fkli regain support @ 1253

2009-10-16T16:25:00.001+08:00

fkli day end

2009-10-15T17:30:00.000+08:00

drama day

Thai shares plunges 3.04 per cent in afternoon trade

2009-10-15T15:04:00.001+08:00

Thai stocks plunged 22.67 point or 3.04 per cent in the afternoon trade.At 3.40 pm, the composite index of the Stock Exchange of Thailand plunged to 724.00.

The Nation

http://www.nationmultimedia.com/breakingnews/30114435/Thai-shares-plunges-3.04-per-cent-in-afternoon-tra

FKLi some mild profit taking in the morning

2009-10-15T10:21:00.001+08:00

The Dow industrials closed above 10,000 Wednesday following strong results from Intel and JPMorgan Chase. The Dow Jones industrial average rose 145 points to 10,015.86, finishing at its highest point since Oct. 3, 2008. Thursday's market will take its guidance from the financials and tech. Goldman Sachs will be reportingearnings ahead of the bell, as does Citigroup, still a participant in the government's trouble asset relief program (TARP). After the bell, Google and IBM will release numbers just after 4 pm New York time.Closely watched weekly jobless claims are reported at 8:30 am, as is the consumer price index and the Empire State survey of New York manufacturing activity. The Philadelphia Fed survey is released at 10 am."For sure, the stream of economic data will take a back seat for the most part. Google will be intriguing. Goldman Sachs will be better than expected. Citigroup is a wild card," said Art Hogan of Jefferies.Hogan also said he believes the stock market will continue to move higher, at least temporarily."I think we continue to ramp up through the earnings season," he said. Then when earnings season ends, the challenges will be a lack of catalysts and concern about corporate profits in 2010.

FKLI regain support at 1238

2009-10-14T09:41:00.000+08:00

Daily world financial news
Supplied by advfn.com

Tuesday 13 Oct 2009 15:03:05

Ahead of the Curve.
Use the following reports to help guide you through these earnings announcements: Intel (NASDAQ: INTC), Johnson and Johnson (NYSE: JNJ) Click here.
US Market
Overbought Levels of Markets May Make Traders Wary
The major index futures are pointing to a marginally higher opening on Tuesday. Even as stocks showed some tiredness following continued upward momentum, positive earnings optimism is keeping sentiment upbeat. The rally in the commodity prices is continuing, reflecting the lingering hopes that all may well that ends well. That said, the overbought levels of the markets, which is achieved without adequate support of fundamentals, faces the risk of a pullback. Traders could also focus on the Fed speeches scheduled for the day.
U.S. stocks, which opened Monday’s trading higher and rose sharply in early trading on earnings optimism, surrendered their early gains gradually over the course of session. After dipping below the unchanged line in late afternoon trading, the Dow Industrials and the S&P 500 Index recovered to close modestly higher, while the Nasdaq Composite remained just below the flat line. The absence of any major catalysts lead to some indecision in the markets, pushing some traders to the sidelines, and consequently, volume was light.

FKLI shifted to a lower gear, asia region still maintain positive charge

2009-10-13T11:01:00.002+08:00

FKLI morning profit taking

2009-10-12T09:46:00.002+08:00

Resistance 1255/1260

2009-10-09T16:43:00.001+08:00

still positive charging... before re election

2009-10-09T14:54:00.002+08:00

We are pleased to inform that Innosabah Securities Bhd and Innosabah Options Futures Sdn Bhdare going to set up a booth in:Venue: City Mall Shopping MallDate: 10/10 (Sat) - 11/10 (Sun) 2009Time: 10:00am - 9:00pmAt least 1 equity dealer, 1 option dealer and 1 C&S staffs will be there. The purpose is to promote our Innosabah Online Trading as well as other products.

fkli chart -DJIA futures +79 950am

2009-10-08T09:46:00.001+08:00

FCPO chart, price resume on track - time to plant some tree ?

2009-10-07T11:56:00.006+08:00

support 2060/2030 resistance 2100/2160

HSI Chart resume on track - phase 3 reconstruction ?

2009-10-07T10:45:00.002+08:00

but vol....wise... it seem not easy for a speedy bull charge...

FKLI + tongkat ali

2009-10-06T10:05:00.001+08:00

FKLI chart -

2009-10-05T11:04:00.002+08:00

HSI 20396 break 60days support at 20415, STI 2594 also break 60 days support 2625, FKLI 1205 remain above 50 days support, 1185 and 60 days support 1170

fcpo chart otc, having a overloading stress test

2009-10-03T11:16:00.003+08:00

may be the order for cpo might dropped.... ???? ..

resistance 1222 1230 support 1200 1184

2009-10-02T15:28:00.001+08:00

Friday brings the week's biggest economic report: The monthly jobs report from the government. Employers are expected to have cut 175,000 jobs from their payrolls in September after cutting 216,000 in August.In addition to jobs data, factory orders are reported at 10 a.m. The U.S. stock market started the fourth quarter on a sour note. The S&P 500 fell 2.6% Thursday to 1,030. The Dow Jones Industrial Average fell more than 203 points after a bigger-than-expected rise in weekly jobless claims and a weaker-than-expected reading on manufacturing sparked worries about the pace of the economic recovery.Traders have been closely watching the market's technicals lately, and especially since last Wednesday, when major indices put in an "outside reversal" on the day of the Fed meeting. An outside reversal is when the market sets a new high but closes at the low of the day. Scott Redler, a technical strategist with T3live.com, said Thursday's market showed more signs of technical weakness. A short-term uptrend of 1042 in the S&P was broken, adding pressure to the market. "This is another breach of what the trend has been," he said. He said the outside reversal last week was a sign to take profits.

FKLI chart of the day

2009-09-30T09:29:00.001+08:00

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

shall we kiss 50 days SMA next mth? 1179

2009-09-29T14:31:00.002+08:00

FKLI 2009/09/29

2009-09-29T13:48:00.003+08:00

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

FKLI tight range...zzzzzz..

2009-09-25T16:56:00.004+08:00

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

2009-09-24T14:09:00.003+08:00

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

上证指数, shanghai index chart

2009-09-23T20:56:00.004+08:00

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

2009-09-23T16:33:00.005+08:00

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

2009-09-23T14:40:00.002+08:00

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

2009-09-23T09:33:00.002+08:00

Simsci chart, massive knock out spike, very rare

2009-09-18T22:22:00.006+08:00

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.

2009-09-18T15:06:00.003+08:00

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

2009-09-18T10:19:00.001+08:00

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

2009-09-15T09:16:00.002+08:00

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....

2009-09-14T09:04:00.001+08:00

S&P500 breaking up 360 days SMA

2009-09-11T09:04:00.004+08:00

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

2009-09-10T17:48:00.000+08:00

taking a rest after reach the peak....

positve momentum tb continue ?

2009-09-10T08:49:00.001+08:00

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...

2009-09-09T09:09:00.003+08:00

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

2009-09-08T18:04:00.002+08:00

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

heavy pressure.....when apporach 1200

2009-09-08T09:40:00.001+08:00

long time no see....

2009-09-08T09:15:00.004+08:00

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

2009-09-07T08:55:00.000+08:00

super poowerful HKEX 10 min shoot up near 400 point

2009-09-04T16:12:00.002+08:00

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

shortist blast off .......

2009-09-04T15:16:00.004+08:00

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 ?

2009-09-04T09:29:00.002+08:00

testing resistance

2009-09-03T09:33:00.002+08:00

soft landing critical support 1136, resistance 1173

2009-09-02T08:48:00.003+08:00

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

2009-09-01T17:44:00.002+08:00

SSE shanghai heading for 200 days support ?

2009-08-31T18:51:00.004+08:00

will china mkt sentiment lead us to test the nearest 50 days support of klse sgx hkex ? what is the plan ?

bird eyeview

2009-08-28T14:44:00.002+08:00

Reports are due Friday on July personal income and spending from the Commerce Department and August consumer sentiment from the University of Michigan.Consumer sentiment, reported at 9:55 am New York time, follows on a better than expected consumer confidence report earlier this week. Personal income is released at 8:30 am. Stocks rose Thursday, with the Dow extending its winning streak to eight straight sessions in a thinly-traded advance fueled by bank shares and Boeing. Dell was higher in late trading Thursday, after its quarterly profits and sales beat expectations. Shares gained 6.5% in extended-hours trading.The stocks that dominated trading volume in an otherwise dull market are Citigroup ($5.05 up 0.42), Fannie May ($1.92 up 0.07), Freddie Mac ($2.24 up 0.21) and AIG ($47.84 up 10.15). The Dow finished up 37 points at 9,580 Thursday, and the S&P was up 2 at 1,030.

2009-08-27T09:16:00.002+08:00

fkli chart also show well defend ...but still under power. see how after 4 pm

2009-08-25T14:55:00.007+08:00

powerful sg

Home prices and consumer confidence are on the menu Tuesday.Tuesday's focus will be the S&P/Case-Shiller home price index, issued at 9 a.m. and consumer confidence, released at 10 a.m. Investors are also watching the Treasury's auction of $42 billion 2-year notes at 1 p.m.Stocks Monday started the day higher, but ended the session mixed and virtually unchanged. The Dow was up 3 at 9509, and the S&P 500 was down 0.56 at 1025.57. Traders Monday were watching unusual trading activity in several financial stocks, Fannie Mae, Freddie Mac and Citigroup. All three were up on heavy volume and accounted for about 21 percent of the total NYSE volume. Some traders attributed the moves to a momentum trade. Fannie was more than 40 percent higher, while Freddie was more than 18 percent higher. Tim Smalls of Execution LLC said the lack of players in the stock market will keep things quiet.

SSE 上证指数 chart shanghai, stay firm defend

2009-08-25T14:43:00.004+08:00

fkli weak morning due to shanghai

2009-08-25T10:57:00.003+08:00

TOKYO (Kyodo)--Tokyo stocks fell Tuesday morning as investors sold to lock in profits after a strong rally a day earlier, but selling was capped as markets awaited the results of an upcoming election in Japan.

2009-08-24T11:57:00.001+08:00

2009-08-24T09:35:00.001+08:00

2009-08-21T17:12:00.002+08:00

2009-08-21T09:53:00.000+08:00

sp500 regain some ground

2009-08-21T09:02:00.001+08:00

2009-08-20T14:24:00.001+08:00

Thursday's focus will be on the U.S. weekly jobless claims data at 8:30 a.m. Other data includes leading indicators and the Philadelphia Fed survey, both reported at 10 a.m. Fed officials and others should begin to gather Thursday ahead of the Kansas City Fed's annual symposium in Jackson Hole, Wyo. Fed Chairman Ben Bernanke speaks to that group Friday morning, but traders are watching for comments from other attendees to trickle out ahead of time.Stocks fought back Thursday against a soft opening, shaking off a slide in China's equity market, as investors responded favourably to a surprising drop in crude oil stockpiles that might suggest an improving demand outlook.The Dow was up 61 points or 0.7 percent to 9279, while the S&P 500 rose 6 points to 996. Higher oil prices are seen as a double-edged sword for stocks because they boost oil profit earnings and represent stronger growth, but they also can cut into consumption, depress an already weakened consumer and pressure corporate profit margins.

S&P500 rebound remain capped

2009-08-20T09:22:00.000+08:00

fkli enter into correction mode ?

2009-08-19T14:37:00.003+08:00

FKLI RSI divergence

2009-08-19T10:12:00.001+08:00

mixed mkt with support

2009-08-19T09:04:00.001+08:00

2009-08-18T17:38:00.002+08:00

2009-08-18T17:07:00.001+08:00

The U.S. market followed world equities markets lower MondayAsian markets reacted to Friday's weak U.S. consumer sentiment data, and the Chinese market, already down sharply last week, dipped 5.8 percent Monday.The Dow finished Monday off 186, or 2 percent at 9135. The combined 262 points lost since Friday gave the Dow its worst two-day performance since June 16. The S&P 500 erased 24, or 2.4 percent to 979. Stocks have now given up all of their August gains and are trading at levels last seen July 29. Traders point to 950 as a key area for the S&P, which could serve as a floor for the market, at least temporarily. They also say the volume is light because there is a real lack of players on Wall Street, due to summer vacations.For Tuesday, traders expect Wall Street to take its directional cue from overseas markets. There are producer prices inflation data and housing starts at 8:30 a.m. Several retailers report earnings, representing a diverse cross section of the retail landscape. Ahead of the bell, there's home improvement giant Home Depot, discounter Target. Computer maker Hewlett Packard reports after the bell.

heavy battle... for tech rebound

2009-08-18T11:30:00.001+08:00

rebound no good

2009-08-18T11:03:00.000+08:00

might rebound...

2009-08-18T09:16:00.003+08:00

chart error
DJ MARKET TALK:China Shares May Rebound After Recent Sharp Falls (2009/08/18 09:11AM)

0111 GMT [Dow Jones] While a medium-term downtrend intact, China shares could rebound today after Shanghai Composite slides 17.3% in past 9 sessions, analysts say, including yesterday''s 5.8% fall to 2870.63. Qian Qimin at Shenyin Wanguo Securities says "experience tells us a technical rebound always follows such an unexpected sharp decline. Since the index has tumbled several days on end, investors shouldn''t be much perturbed and blindly sell their positions at present." But adds "we remain bearish about the market on a medium-term horizon and believe the correction will last several months." Support pegged at 2800. Other analysts tip brokerages such as Citic Securities (600030.SH), Haitong Securities (600837.SH) may be in focus as expected strong debut by Everbright Securities (601788.SH) will likely spur buying interest in sector. Shenzhen Index last ends down 6.6% at 955.87.(RWY)

2009-08-17T14:32:00.001+08:00

2009-08-17T11:31:00.000+08:00

2009-08-17T10:00:00.001+08:00

2009-08-14T15:31:00.000+08:00

2009-08-14T11:15:00.001+08:00