Archive for June 2013

  • Premium Content
    It’s volatility, not selling exhaustion

    It was a big day for the UAE equity markets yesterday. The selling went from modest to intense and back, with the Dubai index [...]

  • Premium Content
    Don’t fish for bottoms

    Unlike what most people think, we are NOT in the business of predicting the markets. We are in the business of reading it [...]

  • Dubai: Sellers take the lead

    As highlighted on the chart, yesterday’s heavy selling pushed the Dubai Financial Market General Index (DFMGI) below the trading range [...]

  • Dubai after our target of 2450 – Al Arabiya TV

    We discuss with Nadine Hani from Al Arabiya our note published by Arabian Business on June 11, titled “Is this the end of the Dubai rally?” during which we explain our reasons for having taken a cautious view on the market earlier this month and why we think the markets could correct further before resuming their rallies.

  • Premium Content
    Sellers take the lead

    The note detailed the positive and negative elements in the stock and our advice highlighted the loss and the reward potential for a trade taken at 1.85 [...]

  • Premium Content
    A good trade gone bad

    On June 12, we expressed our bullish view on Dar Al Arkan (4300) and we advised buying at 10.30 with a stop at 10.00 [...]

  • Premium Content
    The fall and the rebound

    Our main reason for avoiding the market was due to the fact that we had yet to understand the implications of the sharp one-day sell-off [...]

  • Premium Content
    Caution vs. Resilience

    The stock failed to hold on to its gains even though the share price remained fairly resilient during the latest market sell-off [...]

  • Premium Content
    The fall and the opportunity

    After hovering around the target of 12.00 for a few days, selling pressure kicked in pushing the stock down to 11.21 [...]

  • Premium Content
    Drifting lower

    On June 5, we highlighted the support at 5.70 in Emaar (EMAR) and we said that a break below that level would hint at further selling in the stock [...]