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Energy ETF XLE Struggles As Crude Oil Looks For A Bottom

Fri Feb 26, 2016

The Energy Select Sector SPDR ETF (NYSEARCA:XLE), which tracks the S&P 500 Energy Select Sector Index (IXE) and is traded in direct correlation with the WTI crude price ...

Thailand SET Overbought, Pullback Ahead

Fri Feb 26, 2016

The SET gained another 1.73% for the short-trading week, to close at 1,343.07 on Friday. The USD/THB exchange rate was quoted at 35.758 baht per dollar on Friday, down 0.75% since the beginning of the year, while the CNY/THB has slid ...

GLOW is About to Break Out, But Keep an Eye on Macroeconomic Indicators

Wed Feb 24, 2016

Glow Energy Pcl (SET:GLOW), is a Thailand-based company which is 69.11% owned by French multinational electric utility company Engie, previously known as GDF SUEZ, with ...

Surge in Japanese Yen Could Signal Faltering U.S. and Global Economies, Goldman Sachs Says USD/JPY to be 130 by Year-End?

Tue Feb 23, 2016

The USD/JPY exchange rate continues to head lower, despite a brief rebound from the February 11 low of 110.98 yen per ...

AbbVie's Humira (Adalimumab): A Biosimilar Is Easier Said Than Done

Tue Feb 23, 2016

Shares of AbbVie (NYSE:ABBV) are on the rebound after a sell-off in early February on concerns about the pending decision by an advisory panel to the Food and Drug ...

S&P 500 Bull-Bear Battleground has Narrowed to Between the 1,940 and 1,950 Levels

Fri Feb 19, 2016

The S&P 500 started the week on Tuesday with a 1.65% gain, following a report that Saudi Arabia and Russia ministers agreed on an oil production freeze at the January levels if ...

Semiconductor ETF (SMH) Can’t Decide as Intel and Qualcomm Data Center Server Chip War Looms

Fri Feb 19, 2016

The Market Vectors Semiconductor ETF (NYSE:SMH), which tracks the PHLX Semiconductor Sector Index (NASDAQ: ...

Thailand SET Reverse Head & Shoulders Broke Out as Top U.S. Federal Reserve Officials are Backtracking

Fri Feb 19, 2016

The SET ran up 1.98% on Friday to close at 1,320.19, lead by beaten down energy stocks including Banpu Pcl (SET:BA ...

Beware of Bottom-Fishing with DTAC as Price Wars in Thai Telecom Sector are About to Erupt

Wed Feb 17, 2016

Total Access Communication Pcl (SET:DTAC), 42.6% owned by Norwegian telecom giant Telenor as of March 31, 2015, is the second largest telecom operator in Thailand with ...

Can ECB’s Draghi Stop the EUR/USD From Breaking Out?

Tue Feb 16, 2016

The EUR/USD currency pair continued to retreat on Tuesday, to close at $1.1143 per euro, after European Central Bank (ECB) president Mario Draghi said during a hearing on ...

Aggressive Fed Rate Hikes Could Take Crude Oil Below $20 a Barrel

Mon Feb 15, 2016

WTI crude oil prices have been getting whipsawed on concerns about global oversupply, financial turmoil in the eurozone, China and emerging markets, as well as ...

S&P 500 Jittery over Deutsche Bank CoCos and Fed Rate Hike Path

Fri Feb 12, 2016

The S&P 500 started the week with a sell-off following a crash in the European markets, lead by the banking sector. Deutsche Bank CoCo (contingent convertible bond) holders ...

Thailand SET Reverse Head & Shoulders Emerges as Bank and Energy Stocks Got Hit by Deutsche Bank CoCo Concerns and Sinking ...

Fri Feb 12, 2016

The Thailand SET dropped 2.17% during the last two days of the week to close at 1,276.49 on Friday, after Federal ...

U.S. Dollar Index Continues to Slide as Fed Credibility Wanes

Thu Feb 11, 2016

The U.S. dollar index (DXY), a weighted index of the value of the U.S. dollar relative to a basket of six major currencies, continued its downtrend to close at 95.61 on Thursday ...

Biotechnology ETF (IBB) Trend Reversal, Is The Bottom In?

Wed Feb 10, 2016

The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ:NBI), has been in free fall since the beginning of the year ...

Shares of Bangkok Bank Almost Ready to Fall Off a Cliff

Wed Feb 10, 2016

Bangkok Bank (SET:BBL) is one of the largest regional banks in Southeast Asia with total assets of approximately 2.76 trillion baht. The Thailand-based bank serves retail ...

No Bottom In Crude Oil Until A U.S. Dollar Index Trend Reversal - Let's Look At The Charts

Mon Feb 8, 2016

WTI crude oil prices have been getting whipsawed since the beginning of the year on concerns over the impact of Iranian crude on the global supply, as sanctions are now lifted ...

S&P 500 Rattled by Remarks from Top Federal Reserve Officials and a Mixed Non-Farm Payrolls Report

Fri Feb 5, 2016

The S&P 500 sold off 1.85% on Friday, after the U.S. Department of Labor released its January non-farm payrolls ...

Thailand SET Dragged Down by the Telecom Sector as NBTC 900MHZ Auction Saga Continues

Fri Feb 5, 2016

The Thailand SET jumped 0.71% to close at 1,306.20 on Friday, ahead of the U.S. non-farm payrolls report. The U.S. Department of Labor said on Friday that the headline ...

BDMS: A Good Place to Hide During Market Uncertainty

Wed Feb 3, 2016

Bangkok Dusit Medical Services Pcl (SET:BDMS) is one of the largest private hospital operators in Thailand, with approximately 96.1 billion baht in assets as of September ...

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