Index Weekly Wrap for the Week of Jan 26

World stocks are continue charging higher and higher. For the first three weeks in the year 2018, HSI already recorded 10.8% gain or added more than 3000 points, this is phenomenal. Other major indexes in my table below recorded YTD return from 4.8% to 8.7%.

HSI has been the most outperformed index with 7 weeks up in a row. SSE got 6 weeks, STI got 5 weeks, US three major indexes got 4 weeks each. All indexes weekly candlesticks look very bullish, except STI formed a shooting star candlestick( need one more week to confirm the bearish reversal).

Do remember whatever goes up must come down, whatever goes up fast also come down fast. When market surging up so high, the winning stocks needed to be carefully selected.

Index Weekly Wrap for the Week of Jan 19

For the week ended Jan 19, all of the world major indexes in my table below continue positive-close for 3rd week. Bulls are very strong. All indexes hit new high. HSI and Shanghai are leading the way for the week.

Index Weekly Wrap for the Week of Jan 12

World stocks continue 2nd week of bull run, DJI added another 2% for the week, top gainer, and least gainer is STI, up by 0.9%. Check my focus list of indexes in below table for the weekly performance.

All indexes made new high except Shanghai index(SSE) as the only lagger is catching up now.

Indexes has had multiple weeks of continue run-up in a row: HSI up for 5 weeks, SSE 4 weeks, STI 3 weeks. STI is just about 5 points away to its 10 years highest close 3525 level hit on 17/4/2015.

Index Weekly Wrap for the Week of Jan 5

First week for new year 2018, all stocks registered stunning weekly return. Excellent start for the year. All indexes breakout new high except Shanghai index SSE which rebounded from its uptrend channel bottom( refer to weekly chart below). SSE set up for catch-up this year after testing major support, there are plenty of room to upside.

In the US, Nasdaq ($COMP) registered top return among my focus list of the indexes with 3.4% weekly gain, thanks to the strong performance of technology stocks. DJI chart shows the bulls are now in its 3rd uptrend primary phase--the excess phase(refer to my Dec 22 post HERE for more info). It has been the longest bull run for US stocks, watch out closely for any trend reversal.

Hang Seng index(HSI) continue it super bullish momentum after last year's awesome 36% return.

STI had breakout new high this year, spike out its upper trend channel marginally. Watch out for any pull back in coming week(s), it also may pull back for profit taking then rebound back up again, just like HSI chart which already trending outside its uptrend channel and continue trending up.