Day 39

30 05 2008

DOW +52 points previous session and crude oil plunged $4.41, or 3.4 percent, to settle at $126.62 a barrel. CME NK (YEN) closed at 14215.

11.50 am screenshot :

Update ( 8:45 pm ) :

NK T session closed at 14340 while T+1 session closed at 14370.

CME NK currently trading at 14375 while S&P futures +4.5





Day 38 – DOW +45

29 05 2008

Orders for manufactured goods fell 0.5% in April, after dropping a revised 0.3% in March. The decline was smaller than the expected 1.5%. Crude oil rose more than $2 a barrel to $131.03 after Morgan Stanley said that Brent oil from the North Sea could “easily” reach $150 a barrel. CME NK (YEN) closed at 13915.

Update 12.10 pm :

 Sold long position of 14025 at 14145 for profit of 120 points. S&P futures now -1, HK HSI +137. NK now 14090.

 Outstanding : long position of 14180





Day 37 – Oil declined, US$ rose

28 05 2008

DOW rose 68 points as oil dropped more than $3 to $128.85. US$ rose. Reports showed that consumer confidence fell more than expected in April. New-home sales for April rose 3.3%, topping expectations. CME NK (YEN) closed at 13945.

Update ( 2.10 pm ) :

NK cash ended at 13709. NK futures closed at 13740.

 

 





Day 36

27 05 2008

DOW closed for holiday yesterday. CME NK (YEN) closed at 13750.

Update ( 2.10 pm ) :

 

Sold long position of 13815 at 13935 for profit of 120 points. NK closed at 13910. NK cash closed at 13893.





Day 35

26 05 2008

DOW lost 145 points last session. CME NK (YEN) closed at  13860.

Update ( 7 am ) : S&P futures +2

Update ( 6 pm ) : NK T+1 session closed at 13720. Bought 1 more contract at 13815.

Outstanding long positions :

14180, 14025, 13815

 

 





Day 34

23 05 2008

DOW up 24 last session. The decrease in first-time unemployment claims signaled that companies are responding to the current economic slowdown by cutting back on hiring rather than letting go of more staff, in contrast to previous economic slumps. Financial stocks rose after a report showed home prices fell less than forecast in the first quarter. Oil declined to $130.81 from record high of $135. CME NK (YEN) closed at 14015.

 Bought 1 more NK contract at 14025. NK T+1 session closed at 13955.





Day 33 – DOW down 227 points

22 05 2008

DOW declined as oil hit record US$133 per barrel from previous day close of about US$129. CME NK (YEN) closed at 13740.

Update ( 6.30 am ) :

CME Oil trading at US$134.35.

 Update ( 12.30 pm ) :

Executed above trades for profit of 115 points. Currently, NK trading at 13900, S&P futures up 3.

Update ( 2.30 pm ) :

Osaka NK cash closed at 13980. SGX NK futures closed at 13970. Osaka NK futures closed at 13985.

Outstanding : 1 long position of 14180

 

 





Day 32 – DOW down 199 points

21 05 2008

NK traded between 13840 and 14050. NK cash closed at 13926.

21may

Executed above trades for profit of 45 points during T+1 session after FTSE and S&P advanced slightly.

Outstanding : long position of 14180





Day 31

20 05 2008

DOW up 41 previous session and CME NK (YEN) closed at 14275.

20may.1

Executed above trades for profit of 50 points, about 5 minutes before HK closed. HK had dragged the regional markets lower.

Snapshot of market action at 12.30 pm ( HK close ) :

 20may.2

Outstanding : long position of 14180.

 





Day 30 – SGX closed

20 05 2008

DOW dropped 5 points previous session.

NK cash closed at 14269. Reached high of 14343 and low of 14219.

Outstanding : long position of 14180.