Skip to main content

US FED widely expected to halt rate hike

 



Market should be receiving the widely anticipated rate halt from US FOMC meeting week. Again, US FED Chair’s speech becomes critical in forecasting the committee’s interest rate policy. 

Technically, S&P 500 remained halt by its 4,300 resistance level. Despite our team having an upward outlook, we will be cautious for the week ahead after the index having rallied close to 13% gain since March this year.

We did not uncover any trade set up over the weekend but will continue to lookout as the week advance.

Headlines for Week Ahead:
US FOMC meeting
US CPI, PPI Reports
US Michigan Consumer Sentiment Report
China Ind Prod, Retail Sales, Ppty Sales
SG NODX Report



Disclaimers apply

Most Popular

Historical Stock Market Performance During the Year of the Snake (2025)

Historical Stock Market Performance During the Year of the Snake (2025) Introduction: The Chinese zodiac plays a fascinating role in shaping cultural beliefs and behaviors. Among the 12 zodiac animals, the Year of the Snake is often associated with intelligence, caution, and financial shrewdness. We take a simply review of three key indices, S&P 500, Hang Seng Index (HSI), and Straits Times Index (STI),  annual performance  during the Year of the Snake. Key Observations from the Data: S&P 500 Performance: Average annual return: 0.47% . Win/Loss ratio: 37.5% (3 years of gains vs. 5 years of losses). Notable years: 1989 marked a robust gain of 27.25% , while 1941 saw a steep decline of -20.22% , coinciding with global tensions during World War II. HSI Performance: Average annual return: -5.36% . Win/Loss ratio: 66.67% (2 years of gains vs. 1 year of losses). Notable years: The index's strongest year was 1989, with a return of 5.55% , while 2001 suffered a severe decli...
Read more

BYD Co (1211:HK) Witnessing Signs of Strength

BYD Co (1211:HK) Witnessing Signs of Strength On Friday, we observed strong buying within a wide trading range, with the stock closing near the day’s high and good volume recorded. The previous two days of selling showed relatively low volume, indicating potential supply exhaustion. The stock price is currently at a key resistance level, constrained by a downward trendline and a horizontal support-turned-resistance line. A breakout above this level could signal a potential trend reversal , with an initial technical price target of HK$300.00. The stock is outperforming the broader market, indicating strong market demand, as evidenced by our proprietary Relative Strength Indicator (RSI), which is above zero. Additionally, the volume momentum indicator (FFI) is improving, further supporting the possibility of supply exhaustion. The Stochastic indicator also continues to trend higher, reinforcing a bullish outlook. A stop-loss price is set below HK$248.40 . If the price falls below this l...
Read more

Mastercard Inc (MA): Mark Up Could Continue

  Mastercard Inc (MA): Mark Up Could Continue US$526.60 The rally that led to the $531 resistance in October likely marked a buying climax, where significant demand pushed prices higher. This was followed by a consolidation, as selling pressure from short-term traders met sustained buying from investors. This behavior indicates potential reaccumulation process. Noticeable spikes in volume accompany upward moves in recent trading suggest weakening selling pressure and increase in demand. Technical indicator, stochastic turning with relative strength and Fund Flow Index trading above zero supports the notion that price continue its mark up from here. First Technical Target is at US$557.00, while Trailing stop is set below 48Days Simple Moving Average. Disclaimers apply
Read more