Markets all over the world rebounded last week after moving into a bullish trend correction in the last two weeks. A month ago, the Europe market, benchmarked by the FBMKLCI breaks out from a correction when the index was at 1,200 points and went as high as 1231.49 points before pulling back to test the [...]

While the Asia economy is still mired in a recession, exports indicators and employment figures have shown some signs of stabilization as of the first quarter of 2009, with economists forecasting a turnaround by year’s end. Property indices also indicate further stabilization in prices and in demand, especially in the commercial properties sector in the [...]

With its 20-day moving average turning down and current price action below the 20 and 50-day moving averages, the current trend for Scomi requires much attention. Chart pattern formation suggests that a potential head and shoulders top is in place for Scomi. This is supported by a bearish divergence seen in the MACD coupled with [...]

IOI Corp has been moving in tandem with the overall bullish market sentiment from a low of RM2.08 to its recent high of RM4.86. However the current uptrend of IOI Corp is showing signs of exhaustion with the MACD displaying a bearish divergence coupled with the Stochastic oscillator turning down from its overbought level. Thus [...]

Born    : November 17, 1906 in Hamamatsu, Japan Died    : August 5, 1991 (aged 84) in Japan Occupation      :  Founder, Honda Motor Company Limited Throughout his life, Soichiro Honda never forgot the day when he ran hopelessly after the first motor car he ever saw. Long before the car actually reached Yamahigashi, a small [...]