Market commentary on Thai stocks and the SET Index.
Comments: So all the returns for the market this year happened in November 2011, its incredible how if you were heavy on cash during that period that you would’ve completely missed out. There was a broadbased recovery in the Agro & Food industry, financials and resources as fears over the euro crisis subsided. We noted what […]
Read More →Latest thoughts from our Queen Chartist Ploy. Essentially she’s looking for 1. SET out-performing, 2. Baht strengthening, 3. BGH continuing upwards and 4. Gold likely to hold its recent rebound. The US dollar index has reached the resistance I gave last week, and is now backing down from the given resistance. Also the SET is […]
Read More →Comment: Markets took a beating last week because of developments in Europe, but the story remains the same with telco’s keeping the market strong for the year.
Read More →Having been lucky enough to meet with several investment professionals in the US, Europe, Hong Kong, Singapore, Thailand and several other locations in the world, it has been interesting to see on how they look at and/or value investments in equities.
Read More →Lots of charts this week from Ploy, see below! The question I have been asking myself for a few days is, “where does all the money go?†The answer: It’s pouring into the Dollar.
Read More →The markets for the past few years have been purely macro driven from our point of view for large caps hence why our cash position has shifted so often in anticipation of continued delays by politicians in both Europe and US regarding their debt issues. I have no idea what the solution for all this would […]
Read More →Comments: What happened in the past week? Euro crisis + Thai floods + US economic recovery + Oil near $100 = confusion in the markets.
Read More →Latest thoughts from our resident queen chartist Ploy. She still thinks that the market will continue to rally but that we should keep our eyes on the USD/THB exchange rate and a close eye for the next cycle on the 10th November. As we are approaching mid November, the market seems more difficult to trade. […]
Read More →Latest thoughts from our resident queen chartist Ploy. She still thinks that the market will continue to rally but that we should keep our eyes at the Brent and THB/USD exchange rate. While most Thais are busy with the flood, it seems that the foreign investors are buying the SET. The volume from these foreign […]
Read More →Commentary: The past week saw the market move upwards sharply in line with global markets with the news that the Europeans will leverage the EFSF to fight their debt crisis. The flood crisis in Thailand is still continuing but given the oversold levels in the Industrials sector it experienced the strongest rebound in the past […]
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