CHARTPOINT

KLCI: Correction before the next supercycle

THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (KLCI) has been the better performing index compared to its neighbour Singapore's FTSE Straits Times Index judging by the strong rally from 2008 to 2019.

CHARTPOINT

Dow recession signals not straightforward

THE Dow Jones index is one of the oldest indices in America and has some age old wisdom when it comes to predicting the market movement. The Dow Theory was theorised by Charles H Dow more than 100 years ago. He is widely considered to be the father of modern technical analysis and much of his...

CHARTPOINT

Trend for Venture Corp still bullish

VENTURE Corporation's stock price has been rising steadily since 2016. It broke the previous high of S$10.00, which is located at the wave "a" top. However, the stock price began to falter at the start of April when the stock did not manage to break the S$30.00 psychological level, let alone the...

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Ascendas Reit rally slips after breakthrough

ASCENDAS Reit has risen steadily year after year since the recovery in 2009, post financial crisis.

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Straits Times Index slowly gaining traction

MENTION the Straits Times Index to investors and they may respond with a gloomy look on their face. Why are we so pessimistic about our local index? The gloomy perception may be justified when you compare the STI to its peers in the US - the DJIA, SPX 500 and NASDAQ 100. These indices has been...

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Bullish Dow poised to break through 28,000 level

AS we enter the second quarter of 2019, we cannot help but look back at the fourth quarter of 2018 when the Dow Jones Industrial Average plunged 600 points - a black spot in US market history.