DJIA (MON) vs KLSE (TUE)

Figure above shows 1 minute chart of DJIA on Monday. Market close at 7775.86. Up 497.48. This is one of the largest rise in US market in history. It is about 500 points in a night.

As mentioned in previous post, we would expect existing home sales report may caused US market go to down hill....but the report saw an unexpected boost.

For the news about Existing Home Sales, please click here.

Tonight, US market will focus on New Home Sales report. Until the time I post this this article, we see red in US market. 

Our KLSE..... the trend is totally different from the figure at top. 9am, everyone might think today our market may flies..who knows? just after few minutes, the indicator start seeing 45 degree negative slope. 

Lots of stock also open higher than yesterday close price. And this helps a lot of investor who try to sell high and make money. To those investor who buy up the stock, straight away can see the impact after bought it. 

I saw Resorts stock rise up 7 cent in the morning, I am so happy but who knows, it drop to normal stage and end up rise 2 cent. But it is still a good sign which shows increase in price.

If tonight US market is drop, tomorrow will KLSE goes opposite way? If UMNO linked stock still want to make profit, they may push the price higher. Volume for this week is relatively higher than previous week.