Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia. He runs training, analysis and resource workshops for retail and professional financial market traders involved in stocks, CFDs, warrants, derivatives, futures and commodities in China, Malaysia, Singapore and Australia. He has his own trading company, guppytraders.com.
General Electric shares are set to climb further, regardless of the quality of its results on Friday, according to technical chartist Daryl Guppy, CEO of Guppytraders.com.
The euro currency is set to fall further against the U.S. dollar, given the economic problems in the Euro zone, and the greenback's status as the current 'bully' among the key currencies, said technical chartist Daryl Guppy of Guppytraders.com.
One of the most dangerous market myths is that the market always rises over time. To many investors, this underscores the buy-and-hold strategy. Just buy-and-hold and the market will bring you a windfall eventually. Right? Wrong. Unfortunately, this is a pure myth and simply untrue.
Cathay Pacific's posted its best six-month profit in two years on Wednesday, lending support to its shares which were already up nearly 2 percent ahead of the results. While it's easy to attribute the recent stock gains to the Hong Kong flagship carrier's improving earnings, a closer look at the firm's stock chart shows a broad cruising pattern that's unlikey to be significantly altered by earnings releases.
After a terrible 2008, Indian stock markets came roaring back to life in 2009. But as we enter 2010, with stocks becoming more expensive, and fears and inflation and asset bubbles forming in parts of the global economy, where are India markets headed?
As gold finishes out a rocky year, its chart is heading toward critical development point, and gold may fall below $1,000.
The Hindenburg Omen, which proponents claim foretells a major market collapse, is back.
As the Aussie dollar hovers near four-year lows against the U.S. dollar, charts suggest further downside.
U.S. crude oil fell to a fresh five-year low on Monday, starting December on a downbeat, and charts suggest further downside ahead.
Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.