Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.

Sunday, July 27, 2014

Weekly Wrap

Major indexes weekly performance as below.  The three Asian indexes are outperform the three US indexes, clearly. Shanghai rose the most with 3.3% gain, following by HSi  3.2% and STI 1.2%. SSE hit its three month high, HSI hit more than three years high, and STI hit its 14-month high. Their weekly candles look bullish with more upside expected.

In the US, DJI dropped the most for the week, with 0.8% loss.

STI weekly chart: 
 HSI weekly chart:

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