Howard Gorges
Howard Gorges
appetite correction good market moving recent sharp sort
Some sort of correction was overdue. The market may now be moving into consolidation after recent sharp gains. There is still a good appetite for stocks.
interest investors rates scores view
Scores of investors are of the view that interest rates won't go up much higher.
buyers came correction days expecting few gains investors morning past pushed saw selling sharp
Most investors were expecting a correction this morning after sharp gains in the past few days but when they saw that there wasn't much selling pressure, buyers came back and pushed up the market.
economies further later markets september signs
We could have another surge in the markets later in the year, around September or October, as the economies show further signs of getting stronger.
beginning market people point reach trying year
Futures are still trying to point this market up. People are now beginning to say this market could reach 11,000 by the year end.
cautious interest investors
There is some profit-taking after yesterday's gains, with many investors investors cautious over interest rates.
account buying cut interest rate seeing
It may not be long before we see another interest rate cut and this could account for the follow-through buying we are seeing today.
bit buying people selling strength volatile
It's been a bit volatile today. People are selling into strength and buying into weakness.
ahead apply change controls earnings faces gain good government happy investors last local looks operations overseas power problems scheme year
It's good to see CLP making a one-off gain last year and investors are happy to see that its earnings from overseas operations are increasing. However, it faces problems ahead as the government looks to change the scheme of controls which apply to local power companies.
bit good government guarantee kong light mortgage provide selling
Yesterday's announcement by the Hong Kong Mortgage Corporation that the government would provide a top-up guarantee on mortgages was good for the market. But we are still a bit cautious. It was very light turnover and there was no real selling pressure.
buying hurt people stocks
We are getting a lot of rotational buying on blue-chip stocks right now. People are buying stocks when they are hurt or lagging.
based degree driver economies money overseas perceived primary recovery return
Overseas money is the primary driver based on a return of a degree of confidence. It is now perceived that most economies have bottomed out and are now on a recovery trend.
bit good higher markets news push shake
A bit more good news could push the markets higher but any uncertainty could still shake them out.
discover integrity people suddenly
You can't just get people to suddenly discover integrity overnight.