Tuesday Up!

Surprisingly, DOW Jones is very green today. +300 points. What's up? Thanksgiving.

U.S. retail sales during the Thanksgiving weekend increased 16 percent to $52.4 billion, the National Retail Federation said, citing a survey conducted by BIGresearch. The average shopper spent $398.62, up from $365.34 a year earlier. Consumer spending, which accounts for about 70 percent of the economy, grew at a 2.3 percent annual rate in the third quarter, the fastest pace in 2011, the Commerce Department said Nov. 22. 

 http://www.bloomberg.com/news/2011-11-27/u-s-stock-index-futures-gain-after-report-on-imf-planning-loan-to-italy.html

Hmm, I am still to the market, does that mean the market will go up every thanksgiving?

Tomorrow KLSE will be very very green. Panic buy most probably. Gap up.

Stocks to watch:

MALTON: If MACD turns green, it's will be another great run. Watch out.

JCY: MACD is green, will have more show on this due to today's market.

SMARTAG: Closed red, probably tomorrow will be correction. Furthermore, RSI shows oversold, probably it's time to bounce back.

SRIDGE: Red :( But still uptrend, wait for better signals.

BIMB: Looks like it's going to bounce back.

AIRASIA: This one too, similar to BIMB, waiting for the uptrend.

Good luck.