Biz Direct MarketKnowing When To Make A Good Decision

Who follows and who leads in markets? The answer is surprisingly different to the answer most people assume is correct. Intermarket technical analysis is a useful strategy tool for asset allocation. Its also a useful tool for working out what may happen in the future. Its too easy to look at markets in isolation, or to use outdated assumptions about market relationships. This is lazy thinking

The Nikkei has two important features. They are best seen on the weekly chart. The first is the series of trading bands. These provide support and resistance levels. This pattern of behavior is similar to the patterns seen with many other regional indexes, but the Nikkei is less developed. The upper edge of the current trading band is near 10400. The market consolidated in this area and is now

When I was studying in graduate school in the 1960s there was a big debate among economists: Which version of macroeconomics best described the world, Keynesian or Monetarist? The Keynesians claimed that fluctuations in aggregate demand determined output, monetary policy was not very important, and fiscal policy is what is needed to pull the economy out of a slump.Monetarists, on the other hand,

Prices of major commodities have found its footing in the past few months and the recent price actions and the weakening US dollar set to push prices of commodities to new highs. There are tell-tale signs that global economy is improving (at least that’s what the analysts say) and demand for commodities is expected to increase to fuel the economy. Most commodities prices have broken out of the

In my article last month, I mentioned that the price of Crude Palm Oil Futures (FCPO) in Bursa Malaysia which was at RM 2,145 per metric ton at that time may only find support between RM2,000 and RM2,050. The price of FCPO fell to a low of RM2,013 on October 6 and rebounded to close at RM2,085 on October 9. With this close, the price of FCPO fell RM94 or 4% from a month ago. I also mentioned that

Markets all over the world rebounded last week after moving into a correction for the past two weeks. The Malaysian market, benchmarked by the FBMKLCI rebounded exactly after testing the Bollinger Bands middle band which is a 20-day moving average. The FBMKLCI increased 21.74 points or 1.8% from last week to settle at 1,230.09 points Thursday. Thursday marks the biggest increase in a day for

Eight weeks ago we said the key figure for the Taiwan index is 7400. This is the long term historical support level and it will act as a resistance level. The market did move above this level but it is now developing a consolidation pattern. The lower long term resistance near 6700 has been overcome and this area will provide support if the market retreats strongly from the lower edge of the

The shipping industry in Singapore may have taken a backlash from the current global economic crisis but this is the industry to watch when the economy recovers and see growth. One of the bigger shipping companies in Singapore, NOLs share price performance is lagging as compared to other shipping companies and the overall market performance. Nevertheless, its share price has doubled since the

The Sensex is best seen on a weekly chart with upper resistance levels are easily seen. The most important feature is the uptrend line. The break below this line changed the function of the line. This is now acting as a resistance level for the rising trend. We expect to see the index rise to this line and then retreat from it. Support is provided by the value of the lower edge of the long term