Week Ahead: Market Watching Additional Tariffs and Potential Countermeasures

Week Ahead: 3 March 2025

• Additional Tariffs: New tariffs are set to take effect this week. Investors will closely monitor any potential expansion of tariffs to other countries and the corresponding market reactions.

• Geopolitical Developments: While the fallout from the Trump-Zelenskyy deal remains a key topic, it is not expected to have a material impact on the markets at this time.

• NASDAQ Comp Index Technicals: The index briefly broke below its trading range and the key 30-week moving average before rebounding. We will be closely watching price action and weekly closes for signs of continued weakness or a potential recovery. CNN’s Fear and Greed Index hits Extreme Fear, US markets could see short term rebound.

Medium Term:

S&P 500 (SPX): The index rebounded off the 5,832 support level and could see further upside, potentially retesting the 6,000–6,100 zone. We are monitoring price action within the 5,832–5,970 range for directional confirmation.

Straits Times Index (STI): The technical trend remains bullish. We maintain a constructive outlook while staying vigilant for any signs of selling pressure.

Hang Seng Index (HSI): The China A50 Index (grey line) continues its upward trend, while the Hang Seng Index (candlestick chart) remains in consolidation. We are monitoring technical signals to assess whether this is a short-term pause or the start of a longer-term reversal.

Long Term:

S&P 500 (SPX) trend remains upward

Hang Seng Index (HSI) trend remains upward

Straits Times Index (STI) trend neutral to upward trend.

Headlines Next Week:

- US Tariffs on China, Canada & Mexico begins, FED officials speaks, ISM Mfg & Svr

- China Annual Two Sessions, PMI

- SG SIPMM PMI, Retail Sales

Disclaimers apply

Historical Stock Market Performance During the Year of the Snake (2025)

Historical Stock Market Performance During the Year of the Snake (2025) Introduction: The Chinese zodiac plays a fascinating role in shaping cultural beliefs and behaviors. Among the 12 zodiac animals, the Year of the Snake is often associated with intelligence, caution, and financial shrewdness. We take a simply review of three key indices, S&P 500, Hang Seng Index (HSI), and Straits Times Index (STI), annual performance during the Year of the Snake. Key Observations from the Data: S&P 500 Performance: Average annual return: 0.47% . Win/Loss ratio: 37.5% (3 years of gains vs. 5 years of losses). Notable years: 1989 marked a robust gain of 27.25% , while 1941 saw a steep decline of -20.22% , coinciding with global tensions during World War II. HSI Performance: Average annual return: -5.36% . Win/Loss ratio: 66.67% (2 years of gains vs. 1 year of losses). Notable years: The index's strongest year was 1989, with a return of 5.55% , while 2001 suffered a severe decli...

BYD Co (1211:HK) Witnessing Signs of Strength

BYD Co (1211:HK) Witnessing Signs of Strength On Friday, we observed strong buying within a wide trading range, with the stock closing near the day’s high and good volume recorded. The previous two days of selling showed relatively low volume, indicating potential supply exhaustion. The stock price is currently at a key resistance level, constrained by a downward trendline and a horizontal support-turned-resistance line. A breakout above this level could signal a potential trend reversal , with an initial technical price target of HK$300.00. The stock is outperforming the broader market, indicating strong market demand, as evidenced by our proprietary Relative Strength Indicator (RSI), which is above zero. Additionally, the volume momentum indicator (FFI) is improving, further supporting the possibility of supply exhaustion. The Stochastic indicator also continues to trend higher, reinforcing a bullish outlook. A stop-loss price is set below HK$248.40 . If the price falls below this l...

Week Ahead: Sustaining December’s Investor-Friendly Momentum

Week Ahead, 2 Dec 2024 Macro News: Despite inflation remaining firm, the market continues to expect that the US Federal Reserve has a higher probability of cutting rates by 25 basis points at the upcoming FOMC meeting . December marks the final month of 2024 as we approach the year's end. Historically, the S&P 500 Index has been favorable to investors in December , with a 70.83% probability of a positive return and an average gain of 0.74%. We hope these trends persist in 2024. Currently, we have not identified any trade setups. We will provide updates if any opportunities arise. Medium Term: · S&P 500: The S&P 500 remains above the 6,000 level and could trend towards the 6,180 zone. · STI: The STI remains at the 3,700 resistance zone, with no major technical signals observed. If momentum sustains, the index could move towards the 3,860 level. · ...

Market Technician

Search This Blog