What is in store for next week?

Next week could be a turbulence week as there many are signs of bear coming out of the woods.

Anyway, the following bulls and bears indicators summarize this special phenomenon:

Bears:
- US Dow Jones dropped more than 200 points last Friday
- US President Obama's intention to control US Wall Street (Banking System)
- US Fed Chairman is be appointed to chair for the 2nd term but it is not yet confirmed
- KLSE is approaching Chinese New Year when people are planning to sell before the long holiday season
- Blogs and forums are getting bearish day by day
- Earnings Reports are still flooding in when the expectation is high
- US Unemployment rate could sustain at 10% and not going down
- China's government is trying to limit bank loan signaling a bubble in the making
- Genting Singapore has been downgraded by Citigroup

Bulls:
- Apple, Yahoo and Microsoft are expected to report good earnings
- There is no systemic problem with US economy
- Some investors in KLSE are still bullish especially counters that are still not up a lot in the past few weeks
- Many KLSE counters are expected to report good earnings and dividend


The US stock market doesn't like uncertainty. There are quite a lots of uncertainties in the US. But if the uncertainties are confirmed to be better than expected, the stock market can rise again. With most of the uncertainties are still in place, US investors will most likely take a cautious trading practice.

As for KLSE, there are still companies that are undervalue. A thorough fundamental check is needed to dig out those hidden gems.

Anyway, caution is the key to next week's trading. Be happy and life will be easy!