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HKEX Market Update 2021-12-21

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HSI rebounded by 1% (+226 points) to close at 22971 points after a 2-day losing streak. Daily RSI (33.7) rose above the oversold level of 30. Of the 150 largest-cap…

HSTech Bounces too little to Confirm Bottom 2021-12-21

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HSTech ETF (3032) bounced 2.1%, outperformed HSI’s 1%. HSTech ETF has found some support at the light blue down-channel bottom? or the dark blue line is the real channel bottom…

ASX Market Update 2021-12-21

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S&P/ASX 200 and the market ended 0.9% and 0.8% higher respectively. 93 of 150 (62%) largest-cap stocks advanced with lower volume. 98 out of 150 (65%) closed higher. And 55%…

Nasdaq Market Update 2021-12-20

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Nasdaq 100 and the market both ended -1.1% lower. All sectors closed lower except for Utilities. Ranging from 0% (Utilities) to -2.7% (Energy). 100 of 150 (67%) largest-cap stocks dropped…

TSX Market Update 2021-12-20

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S&P/TSX and the market were both down -1%. Only Communication (0.1%) ended higher, Industrials (-2.3%) was the worst sector. 86 of 150 (57%) largest-cap stocks dropped with lower volume. Only…

HKEX Market Update 2021-12-20

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HSI plunged -1.9% (-448 points) to close at 22,745 points, falling for two consecutive days, its lowest level this year. Of the 150 largest-cap stocks, 22 (15%) closed higher, and…

HSI fails all 6 major supports all together 2021-12-20

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HSI closed down -1.9%, failed all six major supports mentioned earlier. The most important failure among the six is the breach of the 18.5-years purple uptrend line. It had been…

ASX Market Update 2021-12-20

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S&P/ASX 200 and the market ended -0.2% and -0.3% lower respectively. 69 out of 150 (46%) largest-cap stocks ended higher. And only 30% of all ASX stocks closed higher. Only…

TSX Market Update 2021-12-17

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S&P/TSX and the market were both flat. 8 sectors rose, 3 sectors fell. Ranging from -0.9% (Energy) to 2.9% (Healthcare). For the weekly sector performance (blue bars), Consumer Defensive (4%)…

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