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S&P 500 Decouples From Crude Oil Prices While Wall Street Strategies Shift as the U.S. Economy Could Get Worse in the Second-Half

Fri Jul 22, 2016

The S&P 500 inched up 0.61% for the week, to close at 2,175.03, despite that the WTI crude oil spot price tumbled ...

The SET Index Risk/Reward Diminishing as RSI Double-Top Emerges

Fri Jul 22, 2016

The SET inched up 1.15% for the week, to close at 1509.13 on Friday, after Thai big banks, including Bangkok Bank (SET:BBL), Krung Thai Bank (SET:KTB) and Kasikornbank ...

Biotech ETFs IBB And XBI Signal Trend Reversals

Wed Jul 20, 2016

The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ:NBI), has been range-bound between $240 and $290 since January, on concerns about the supposed political dark cloud ...

PTT Shares are About to Break Out as Oil Market Rebalancing Begins to Tip Over

Tue Jul 19, 2016

PTT Pcl (SET:PTT), 51.1% stake owned by the Ministry of Finance, is Thailand’s largest fully integrated gas and oil company and the eighth largest energy company in the ...

S&P 500 is Heading to 2,200 as Central Banks Hint of More Cheap Money

Fri Jul 15, 2016

The S&P 500 surged 1.49% for the week, to close at 2,161.74, after Japanese Prime Minister Shinzo Abe’s ruling-coalition won a landslide victory in the upper-house ...

Shares of CPF Surged on High Earnings Expectations

Fri Jul 15, 2016

Charoen Pokphand Foods Pcl (SET:CPF), 49.98% stake owned by CPG Group as of March 15, 2016, is a Thailand-based conglomerate engaged in the operation of ...

The SET Index Makes Parabolic Move as the BOJ May Go for Helicopter Money

Fri Jul 15, 2016

The SET surged 2.50% for the week, to close at 1,492.00 on Friday, after Japanese Prime Minister Shinzo Abe’s ruling-coalition won a landslide victory in the upper-house ...

WTI Crude Oil is Heading South Because It’s JULY!!!

Wed Jul 13, 2016

The WTI crude oil spot price tumbled 3.24% on Wednesday, closing at $45.11 per barrel, while the Brent crude price took a 3.3% nosedive to close at $46.62 per barrel, following ...

Biotech ETF IBB Short Squeeze May Be Ahead

Tue Jul 12, 2016

The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ:NBI), has been range-bound between $240 and $290 since January, on concerns about the supposed political dark cloud ...

Shares of CENTEL Threatening to Break Down as Analysts Turn Bearish

Tue Jul 12, 2016

Central Plaza Hotel Pcl (SET:CENTEL), is a Thailand-based company engaged in the operation of hotels, food and ice cream outlets. CENTEL is one of the subsidiaries of the ...

S&P 500 Broke Out in Part by Short Covering Following Blowout Jobs Report

Fri Jul 8, 2016

The S&P 500 jumped 1.53% on Friday, to close at 2,129.90, up 1.28% for the week, after the Labor Department said that 287,000 jobs were added in June, while Wall Street ...

Retail Investors Piled onto the SET Ahead of the U.S. Nonfarm Payrolls Report

Fri Jul 8, 2016

The SET inched up 0.74% for the week, to close at 1,455.65 on Friday, despite tumbling crude oil prices and concerns about the impact of Britain's decision to leave the Euro ...

U.S. Dollar Set For A Crash If June Nonfarm Payrolls Disappoints

Thu Jul 7, 2016

The U.S. dollar index, or DXY, a weighted index of the value of the U.S. dollar relative to a basket of six major currencies, has bounced 3.47% from its low on June 23 when the British ...

Robinson Department Store Shares Soar after a Technical Breakout

Thu Jul 7, 2016

Robinson Department Store Pcl (SET:ROBINS), 27.75% stake owned by Central Retail Corporation and 26.08% stake owned by CRG Service Co., Ltd, and its subsidiaries ...

Brexit Event Turned into a Good Opportunity for SET Investors as it Could Take Years to Resolve

Fri Jul 1, 2016

The SET bounced off last Friday's low and surged 2.25% for the week, to close at 1,444.99 on Thursday, after the market realized that the Brexit will take years to resolve and the ...

S&P 500 Bounced off Trendline Supports as the Fed has to Stay on the Sidelines After the Brexit Vote

Fri Jul 1, 2016

The S&P 500 bounced off the trendline supports and surged 3.22% for the week, to close at 2,102.95 on Friday, after ...

GLOW Shares May be Range-Bound While Transforming Into a Renewable Energy Company

Wed Jun 29, 2016

Glow Energy Pcl (SET:GLOW), 45.19% stake owned by GDF SUEZ Energy (Thailand) Co., Ltd. and a 23.92% stake owned by GDF SUEZ Energy International Global Developments ...

Eli Lilly Launches Lantus Biosimilar To Boost Sales, But Not Without Risks

Tue Jun 28, 2016

Shares of Eli Lilly and Company (NYSE:LLY) have surged 11.06% from its March low, along with the S&P 500 Healthcare sector, up about 4.85% despite mixed first ...

S&P 500 Trended Downward to Retest Resistances as the British Unexpectedly Voted for Brexit

Fri Jun 24, 2016

The S&P 500 took a 3.59% nosedive on Friday, after the British unexpectedly voted to leave the European Union in a non-binding referendum, meaning the U.K. Parliament has ...

British Chicken Little Sky-is-Falling Event Could Present a Good Opportunity for SET Investors

Fri Jun 24, 2016

The SET took a 1.62% nosedive on Friday, after the British unexpectedly voted to leave the European Union in a non-binding referendum, meaning the U.K. Parliament has ...

Biotech ETF IBB Needs To Bounce, Or Else

Thu Jun 23, 2016

The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ:NBI), has pulled back sharply since the beginning of June, on concerns about the Fed interest rate hike, the Brexit vote ...

Downside Risk of Krung Thai Bank Rises as Bad Debts Skyrocket

Thu Jun 23, 2016

Krung Thai Bank Pcl (SET:KTB), a 55.05% stake owned by the Financial Institutions Development Fund (FIDF) that is part of the Bank of Thailand (BOT) with a separate legal entity ...

Yen And Gold Rise As U.S. Economy Is Faltering

Sun Jun 19, 2016

Concerns about the weakening U.S. and global economies and the Bank of Japan's, or BOJ's, negative interest rate policy, as well as a Brexit vote have put buying pressures on the Japanese yen and gold as safe-havens. Both the JPY ...

S&P 500 Wobbles as Fed Chair Yellen Continues Double-Speaking

Fri Jun 17, 2016

The S&P 500 closed at 2,071.22 on Friday, down 1.19% for the week, as concerns about the Brexit vote intensified. On Wednesday, the U.S. Federal Reserve decided, as ...

DTAC Shares are Going Nowhere as Intense Competition Puts Pressure on Revenue Growth

Fri Jun 17, 2016

Total Access Communication Pcl (SET:DTAC), a 42.62% stake owned by Telenor Asia Pte. Ltd. and 22.43% stake owned by Thai Telco Holdings Co., Ltd. as of June 17, ...

SET Investors: It’s Time to Flip the Coin

Fri Jun 17, 2016

The SET pulled back another 0.55% for the week, closing at 1,421.32 on Friday, after the U.S. Federal Reserve kept the interest rate unchanged following its two-day FOMC meeting, but Fed Chair Janet Yellen insisted during the press ...

Bristol-Myers Squibb's Takeover Premium May Be Building

Wed Jun 15, 2016

Shares of Bristol-Myers Squibb Co. (NYSE:BMY) have surged 25.71% from the February low, along with the S&P 500 Healthcare sector, up about 14.35% despite the political ...

PTTEP: The Easy Money May Be Already Made

Wed Jun 15, 2016

PTT Exploration and Production Pcl (SET:PTTEP), a 65.29% stake owned by PTT Pcl (SET:PTT), is a Thailand-based company engaged in the exploration and production of petroleum. The company operates three business ...

S&P 500 Retests Trendline Support as the 10-2 Year Treasury Yield Spread Dipped to an 8-Year Low, One Step Toward a U.S. Recession

Fri Jun 10, 2016

The S&P 500 closed at 2,096.07 on Friday, down just 0.15% for the week as the index retests the trendline support ...

The SET and Brent Crude at Tightest Correlation in Months, Just in Time for U.S. to Ramp Up Its Crude Production

Fri Jun 10, 2016

The SET pulled back 0.5% for the week, closing at 1,429.21 on Friday, after Federal Reserve Chair Janet Yellen ...

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