Asian stock market march 5 2012

Indonesia stock info - Asian stock market march 5 2012 ; The global forecast for the Asian markets is mixed with a hint of caution due to lingering uncertainty about the global economic outlook and the impact of a recession in Europe. In addition, traders may be reluctant to take long positions ahead of key U.S. economic data this week, including non-farm payrolls. Profit-taking also may be a factor, particularly among the commodity stocks. The European markets were mixed but little changed and the U.S. bourses were slightly lower, and the Asian markets are expected to split the difference.

March 2012 issue of our Asian-Pacific Financial Forecast
OVERVIEW: You need to look at the market's Elliott wave patterns to see how much life remains in the trend. The March Asian-Pacific Financial Forecast includes charts of the MSCI Asia Index (Ex-Japan) and Asia Dollar Index, to show you which phase of advance Asian-Pacific stocks are in their climb from their 2008-2009 lows.

CHINA: Elliott wave patterns in the Shanghai Composite index are remarkably similar to those of China’s largest homebuilder, China Vanke. Do recent news reports of slowing home sales signal the end of China’s housing boom? Before you answer, see our Elliott wave forecast for China Vanke -- you might be surprised.

INDIA: The BSE Auto Index has led Indian stocks higher since the 2008 low, and is near new all-time highs. Does this relentless rally simply demonstrate the strength of the "bull market"? When you see our Elliott wave take on the BSE Auto Index vs. SENSEX, you'll understand precisely what kind of move this rally has been.

JAPAN: After the Tokyo Stock Exchange Second Section Index rose for 27 consecutive days, a late February Bloomberg headline said: “Tokyo Small-Cap Stocks Post Longest Win Streak in Half Century.” Yet from an Elliott wave perspective, Japanese stock investors would be wise to show restraint -- we explain why.

KOREA: Just as Apple stock (AAPL) may be a mirror of global stocks (see the March Asian-Pacific Financial Forecast opening Special Section), shares of KIA Motors may give us a preview of what to expect for the KOSPI. Our charts show you the details.

Related Post: