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Posts published in December 2021

Orient Overseas (0316.HK) Tests Range Top 2021-12-15

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Orient Overseas (0316.HK) bounced off MA10 and once again challenges the yellow trading range top. However, Baltic Dry Index turned away from its own blue range top, which means the…

HKEX Market Update 2021-12-15

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HSI fell -0.9% (-215 points) to close at 23,421 points, a 4-day losing streak. 59 out of 150 (39%) largest-cap stocks closed higher, and 38% of all HKEX stocks closed…

ASX Market Update 2021-12-15

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S&P/ASX 200 fell -0.7% and the market was down -0.9%. Only 35 out of 150 (23%) largest-cap stocks ended higher. And 30% of all ASX stocks closed higher. Only Utilities…

TSX Market Update 2021-12-14

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S&P/TSX and the market were down -0.5% and -0.6% respectively. Only Consumer Defensive (0.6%) and Utilities (0.2%) closed higher. Technology slumped -2% to be the worst. The risk appetite of…

Nasdaq Market Update 2021-12-14

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Nasdaq 100 fell -1.04%, while the market ended -1.1% lower. All sectors closed lower. Financial was the best with a -0.1% loss, while Energy was the worst for the second…

Weibo (WB) Tests the Pandemic Low 2021-12-14

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Weibo (9898.HK, Nasdaq: WB) was fined by the Chinese regulatory authorities. 9898’s stock price fell -9.6%. Since the Hong Kong listing has only been a few days, we can look…

HKEX Market Update 2021-12-14

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HSI fell -1.3% (-319 points) to close at 23,636 points, a 3-day losing streak. 31 out of 150 (21%) largest-cap stocks closed higher, but 27% of all HKEX stocks closed…

ASX Market Update 2021-12-14

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S&P/ASX 200 was off -0.3% and the market was unchanged. 79 out of 150 (53%) largest-cap stocks closed higher, but only 44% of all ASX stocks closed higher. 5 sectors…

Meta (FB, Facebook) Needs to Hold $331 2021-12-13

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Meta (FB, Facebook) was a rare gainer in Nasdaq today. It closed 1.5% higher with a 3.4% gain intraday. FB recovered the orange up-channel bottom earlier and now met resistance…

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