S&P 500 Crashes, But Recoups Almost All Of Its Losses For The Week, After American Media Spooks The Market With Rumors About Trump

The S&P 500 was down another 0.38% for the week, to close on Friday at 2,381.73, as the American media continued ...

S&P 500 Pulled Back For The Week After American Media Pounds Trump With Negative Commentaries

The S&P 500 lost 0.35% for the week, to close on Friday at 2,390.90, after the American media pounded President ...

S&P 500 Closes At Record High Despite A Plunge In Total Nonfarm Payrolls Growth

The S&P 500 gained another 0.63% for the week, to close on Friday at an all-time high of 2,399.29, led by Information technology ($SPT) and Financials ($SPF), up 1.36% and ...

SET Investors Still Can’t Decide Whether They Will Hang On Or Bail Out

The SET index inched up 0.17% for the week, to close on Friday at 1,569.02, despite a sell-off in some big cap stocks including Siam Cement PCL (SET:SCC) and PTT ...

S&P 500 Broke Out, With Near-Term Objective Target At 2,480 Despite Disappointing First-Quarter GDP 2017

The S&P 500 gained another 1.51% for the week, to close on Friday at 2,384.20, led by Information technology ($SPT) ...

The SET Index Continues To Slide As Investors Unimpressed With Earnings Results

The SET index lost 0.24% for the week, to close on Friday at 1,566.32, as investors continued to sell some big bank stocks, including Siam Commercial Bank PCL (SET:SCB) ...

Celgene And Biogen Earnings Could Make Or Break The Biotech Sector

Shares of Celgene Corporation (NASDAQ:CELG) and Biogen, Inc. (NASDAQ:BIIB), two top holdings of the iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the total ...

S&P 500 Is Heading For A Breakout After Treasury Secretary Mnuchin Said A Major Tax Reform Bill Is Coming “Very Soon”

The S&P 500 gained 0.85% for the volatile options expiration week, to close on Friday at 2,348.69, following Treasury ...

SET Index Stuck Under The Trendline Resistance As Thai Big Bank Stocks In Trouble

The SET index tumbled 1.23% for the week, to close on Friday at 1,570.02, led to the downside by big bank stocks, including Bangkok Bank PCL (SET:BBL), Krung Thai Bank ...

CP All Stuck In A Trading Range As Earnings Results Were Mixed

CP All PCL (SET:CPALL), a 40.65% stake directly and indirectly owned by the Charoen Pokphand Group Co. Ltd., operates Thailand's largest convenience store chain, cash ...

OPEC Will Soon Find Out Whether Their 1.8 MMBPD Production Cut Was A Good Or Bad Idea

The WTI crude futures May '17 gained just 1.24% for the week, closing at $52.89 per barrel on Thursday, while the Brent oil futures June '17 was up only 0.72% for the week ...

S&P 500 Sinks Amid Weak U.S. Economic Data and Rising Geopolitical Tensions While The Trump Trade Is Now Gone

The S&P 500 lost 1.13% for the short holiday week, to close on Thursday at 2,355.54, following another series of weak ...

S&P 500 Continues To Wobble As Disappointing U.S. Economic Data Starts Piling Up

The S&P 500 lost 0.3% for the week, to close on Friday at 2,355.54, following a series of worse-than-expected economic data that was reported this week, including ISM ...

SET Index Retesting Trendline Support, Waiting For A Bounce

The SET index inched up 0.53% for the week, to close on Friday at 1,583.53, led by big cap stocks, including CP All PCL (SET:CPALL), Kasikornbank PCL (SET:KBANK), ...

Shares Of PTT Global Chemical Are Bumping Into Trendline Resistances As Investors Wait For The Next Catalyst

PTT Global Chemical PCL (SET:PTTGC), 50.18% stake owned directly and indirectly by PTT PCL (SET:PTT), as of ...

Shares of Intouch May Be Heading To Test The 57 Baht Level Despite Mixed Financial Results

Intouch Holdings PCL (SET:INTUCH), formerly Shin Corporation PCL, is a Thailand-based company engaged in investments in satellite, internet, telecommunications ...

Traders Ran Up The Energy Sector, Ignoring Warnings About Further Rate Hikes As Dollar Bulls May Be The Only Ones Listening To Fed Officials ...

The S&P 500 gained 0.8% for the week, to close on Friday at 2,362.72, despite a full force of Fed officials that came out ...

SET Index Ended The First-Quarter 2017 With A Negative Note

The SET index inched up 0.1% for the week, to close on Friday at 1,575.11, despite a pullback by big cap stocks, including PTT PCL (SET:PTT), Airports of Thailand PCL ...

Carabao Group PCL Jumped 7% After Announcing A Joint Venture With Showa Denko

Carabao Group PCL (SET:CBG), 25.01% stake owned by Sathienthum Holdings Limited and 21% stake owned by Miss Nutchamai Thanombooncharoen, Managing Director of ...

Sell U.S. Dollar And Stay Long Gold As Further Fed Rate Hikes Are In Doubt

The U.S. Dollar index (NYSEARCA:UUP), or DXY, which is essentially the USD/EUR exchange rate, has pulled back about 2.5% since the Federal Reserve decided to raise ...

S&P 500 Sold Off On Doubts That Anything Can Get Done In Washington D.C.

The S&P 500 tumbled 1.44% for the week, to close on Friday at 2,343.98, following a steep sell-off on Tuesday after President Donald Trump said during a rally in Louisville ...

SET Index Advanced For The Second Straight Week As Thai Institutional Investors Might Have Already Started Window Dressing

The SET index gained another 1.06% for the week, to close on Friday at 1,573.51, led by big cap favorite stocks ...

Siam Commercial Bank Shares Are About To Break Out Despite Mixed Financial Results

Siam Commercial Bank PCL (SET:SCB), Thailand's third largest lender by assets, 2.77 trillion baht, as of June 30, 2016, operates four business segments: the wholesale ...

Bumrungrad Hospital Shares Struggle As Revenues Shrink

Bumrungrad Hospital Public Company Ltd. (SET:BH), 24% stake owned by Bangkok Dusit Medical Services Public Company Ltd. (SET:BDMS) and 14.65% stake owned by ...

S&P 500 Posted A Small Gain For The Week Despite A Fed Rate Hike And Quadruple Witching

The S&P 500 posted a 0.24% gain for the week, to close on Friday at 2,378.25, despite rising market volatility due to the Fed rate hike on Wednesday and quadruple witching on ...

SET Index Staged A V-Shaped Rebound But Still Faces Strong Baht Headwinds

The SET index jumped 1.37% for the week, to close on Friday at 1,560.98, after the index bounced off the trendline support at 1,528.78, led by big cap and bank stocks, including ...

Thai Oil Shares Break Out As The Company Sees Improved Gross Refining Margins And Thai Demand

Thai Oil Public Company Limited (SET:TOP), 49.1% stake owned by PTT Public Company Limited (SET:PTT) as of ...

S&P 500 Pulls Back As Crude Oil And U.S. Dollar Are In Trouble

The S&P 500 lost 0.44% for the week, to close on Friday at 2,372.60, after six straight weeks of gains. The index is trading near the top of the ascending channel, with a ...

SET Sell-Off May Continue As Technical Indicators Remain Bearish

The SET index tumbled 1.68% for the week, to close on Friday at 1,539.91, after the index was unable to bounce off the 50-day SMA. Foreign investors continued selling on ...

KCE Shares Continue Their Downtrend As Earnings Disappoint

KCE Electronics Public Company Ltd. (SET:KCE), 25.64% stake owned by Mr. Pitharn Ongkosit, KCE Electronics President and CEO, and two other Ongkosit family ...

Gilead And Merck Should Take Drastic Action On Acquisitions As Hepatitis C Drug Market Is Cracking

Merck & Co. (NYSE:MRK) dropped a bombshell in late February, after the company reported in its Form 8-K filed ...

S&P 500 Rally Continues Despite Bond Market Signaling Fed Rate Hike Cycle Could End Up Badly

The S&P 500 gained another 0.67% for the week, to close on Friday at 2,383.12, up for the sixth straight week. The index is now trading at the top of the ascending channel and ...

SET Retail And Foreign Investors Remain Bearish As The Fed Is Ready To Set The House On Fire

The SET index rebounded from the sell-off last week and gained 0.10% this week, to close on Friday at 1,566.20, while retail and foreign investors continued selling on concerns ...

Advanced Info Service Shares Continue To Struggle On Earnings Outlook

Advanced Info Service (AIS) PCL (SET:ADVANC) (OTCMKTS:AVIFY), 40.45% stake owned by Intouch Holdings PCL (SET:INTUCH) and 23.32% stake owned by Singtel ...

CENTEL Shares Threatening To Break Down As Earnings Disappoint

Central Plaza Hotel PCL (SET:CENTEL), is a Thailand-based hotel, food and ice cream outlet operator and one of the subsidiaries of the Central Group, a family-owned holding ...

S&P 500 Rally Continues As The Market Seems To Be Very Confident That The Fed Funds Rate Will Not Be Raised “Fairly Soon”

The S&P 500 gained another 0.69% for the week, to close on Friday at 2,367.34, another record closing high and up for ...

SET Index Turns Bearish Ahead Of President Trump’s Address To Congress

The SET index lost another 0.84% for the week, to close on Friday at 1,564.59, led to the downside by currency sensitive stocks, including Airports of Thailand PCL (SET:AOT) ...