Linus Yip
Linus Yip
confidence good interest investors market optimistic rates results sluggish worried
We're still in sluggish trade. Confidence is not good in Hong Kong; investors are still worried about interest rates and the market is not optimistic about the results announcements.
current firm higher market means next strong test volume
The volume is pretty good, which means the market is firm at current levels. The market is still strong and can test higher between 16,600 and 16,700 next week.
downward drifting market
The market is drifting downward with uncertainties in the market.
breaking side strong
The market's on the strong side after breaking the 16,000 level.
contracts downside interest locked market next range rate roll tight worries
The interest rate worries are still there. The downside is still high, and for next week, the market will be locked in a tight range between 15,200 and 15,500 as the index futures contracts roll over.
downside market risks turning
The market is turning weak. The short-term downside risks are high.
due high interest investors profit property rate stocks took volatile
Property stocks will still be volatile due to the interest rate worries... you see some investors took profit at some high levels.
federal gives meeting reserve stocks window
There's no Federal Reserve meeting this month, which gives rate-sensitive stocks a window to recover.
difficult market rebound resume today
We should have a rebound today as we are oversold but it will be very difficult for the market to resume an uptrend for now.