Property stocks will still be volatile due to the interest rate worries... you see some investors took profit at some high levels. |
The H-shares are crazy. They've gone overboard. |
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. |
The market has confirmed the breakthrough above 16,000 and that is giving confidence. |
The market is drifting downward with uncertainties in the market. |
The market is turning weak. The short-term downside risks are high. |
The market's on the strong side after breaking the 16,000 level. |
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. |
There's no Federal Reserve meeting this month, which gives rate-sensitive stocks a window to recover. |
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. |
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. |