9 Total Quotes

Ben Kwong Quotes

The market is in a consolidation mode after recent gains. The rise in crude prices is also providing investors an excuse to sell.
Ben Kwong
#Consolidation

China shares will continue to get market attention.
Ben Kwong
#China

If the HSI falls below the major support at the 50-Day moving average of 15,314, it might have a negative impact on the recent rally seen in third and fourth liners stocks.
Ben Kwong
#Stocks #Rally

The market will move relatively sideways in the absence of any stimulus. There's a lack of trading theme.
Ben Kwong
#Absence

Investors are hoping the 15,000 point level will hold. If the index breaks through that level, then the market may have further corrections. If it holds, then this means current market consolidation is a healthy one.
Ben Kwong
#Investors

I expect the market to stage a mild technical rebound. Interest rate worries will continue to affect sentiment and limit momentum for the rise.
Ben Kwong
#Sentiment #Momentum

Sentiment remained strong as hot money was still floating around the market.
Ben Kwong
#Sentiment