As you can see from the one week performance comparison, equity indices were mostly bullish, with the Shanghai Stock Exchange gaining an amazing 7.9% for the week. Commodities have taken a beating, with the CRB ETF dropping 4.4% for the week.
As the year draws to a close, we can start observing the 1-year performance to see which markets are the strongest and weakest for the year. The current top gainers are the BSE Sensex (India) at 37.4%, followed by the SSE (China) at 21.6%, and the NASDAQ (USA) at 18.5%.
Following up from last week, many of our top picks like Suntec REIT (long), DBS (long), Ezra (short), Ezion (short), Frasers Com Trust (long) have been spot-on!
This week, for the forex market, there are several central bank decisions. We start the week with the SNB vote on a gold-asset requirement (it will be bearish for Gold if it is rejected), and will end the week with the NFP (non-farm payroll) employment report.
Following up from last week, our top picks like AUD/USD (short), Gold (short), GBP/USD (long bounce), USD/JPY (long) have also been spot-on!
Let’s look at some of the trading opportunities for next week.
Hands-free Trading (HFT) opportunities for the week ahead:
Includes forex charts & stock tips for SGX, KLSE, HKSE, NYSE!
(Click on any of these buttons below to unlock; for mobile device users, please click twice)
Note: The best opportunities are highlighted in dark green (buy) & dark red (short) under both the “Break” and “Swing” column. Disclaimer applies.
Good luck! And happy trading! $$$ 😀
Join the largest trading community on Facebook with over 13,000 traders & investors!
For more daily market updates, don’t forget to “like” our Facebook page:
To find out more about the Synapse HFT Stock Scanner, click here: