In today’s briefing:
- NIFTY Index Not Ready to Rally: A Pullback Will Come First
- TWSE Short Interest Weekly (Jan 3rd): Realtek Semiconductor, Wisdom Marine Lines, Wiwynn
- KRX Foreign Holding Weekly (Jan 3rd): Samsung Electronics
NIFTY Index Not Ready to Rally: A Pullback Will Come First
- The NIFTY Index (NIFTY INDEX) has been rallying up for 2 weeks: our QUANTCHARTS WEEKLY time model indicate there is little room left to go higher (+1 more week).
- From the perspective of the WEEKLY price model, the NIFTY has reached overbought levels (75% probability of reversal) during the past week, but it could still go a bit higher.
- Even if the index can rally a bit more this week, we suggest you wait for the pullback, before adding more LONG positions (the rally should continue after the pullback).
TWSE Short Interest Weekly (Jan 3rd): Realtek Semiconductor, Wisdom Marine Lines, Wiwynn
- We analyzed the changes in short interest of TWSE Stocks as of Jan 3rd which has an aggregated short interest worth USD21.1bn.
- We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases & decreases in short value, short as multiple of ADT.
- We highlight short interest changes in Realtek Semiconductor, Wisdom Marine Lines, Wiwynn, Eva Airways, Yang Ming Marine.
KRX Foreign Holding Weekly (Jan 3rd): Samsung Electronics
- We analyzed the changes in foreign holdings of KRX stocks as of Jan 3rd which has an aggregated holding worth USD457.4bn.
- We estimate that foreign flows to be outflows of USD259mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
- We highlight changes of foreign holdings in Samsung Electronics (005930 KS) .
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