Noble chart break out. I might get some and sell away on tues morning and monitor GAR. Really hope GAR will reach $1 soon so that my mum can sell away what she bought at .9x :(

These 2 months doesnt have HSI warrents with so high index :( 

BT , let me know if you buy in tmrw.

I am still a novice in stocks. Need some guidance from you.

BT , let me know if you buy in tmrw.

I am still a novice in stocks. Need some guidance from you.

Noble chart break out. I might get some and sell away on tues morning and monitor GAR. Really hope GAR will reach $1 soon so that my mum can sell away what she bought at .9x :(

These 2 months doesnt have HSI warrents with so high index :( 

Oh so sorry, my bad. I just checked again.

Noble is out on Tuesday after market hours, not Monday.

So there is still opportunity to buy on Monday, and maybe sell it on Wednesday morning. 

Oh , I thought report will be out after Tue trading hours. I was wrong.

BT, will you be buying more of Noble tmrw?

Noble reporting on Monday after market closed. Timing is kind of tight.

But GAR still has a window till Thursday 12 noon. 

Will see if Noble manages to break new high with good volume. That would be a good sign.  

Both Noble & GAR already at its short term high.

I am still hesitating whether to buy tmrw at such high price.

Anybody still interested to buy up tmrw ?

Crude palm oil futures on Malaysia’s derivatives exchange hit a fresh 27-month high amid a broad rally in commodities including soyoil following the U.S. Federal Reserve’s latest monetary easing program.

The benchmark January contract ended MYR104, or 3.4%, higher at MYR3,191 a metric ton, after rising as much as 4% to MYR3,210/ton, its highest level since July 23, 2008.

December soyoil on the Chicago Board of Trade rose as much as 135 points to 51.25 cents a pound in Asia. At 1027 GMT the contract was trading 115 points higher at 51.05 cents/pound.

"A global agribusiness trading company was on a buying spree today, and that helped pushed prices to higher levels. That, as well as surging soyoil prices and flood concerns in the northern states of Malaysia, pushed up the CPO market," a Singapore-based trading executive said.

In a single day, CPO futures breached several resistance levels, as some investors rushed to cover their shorts ahead of the long weekend, market participants said. The market is closed Friday for a public holiday.

"The bulls are very strong. Even if the palm oil production and stock data next week turn out to be bearish I doubt prices would correct that much," said a senior analyst at Kuala Lumpur-based commodities brokerage.

The government-backed Malaysian Palm Oil Board will issue October production and end-month inventory data on Nov. 10.

The Fed's commitment to a $600 billion asset-buying plan over eight months boosted commodities prices by weighing on the dollar, as most commodities are priced in dollars, and by increasing liquidity that can flow into commodities markets.

Still, prices are likely to come off highs next week as some trade participants considered today's price action to be a knee-jerk reaction to the Fed's decision.

"We can't get too carried away with the price rally. It has risen too soon and the CPO market needs to cool off," said a Kuala Lumpur-based trading executive.

In the physical market, palm olein for April/May/June cargoes were traded several times at $1,042.50/ton, $1,045/ton and $1,050/ton. July/August/September was traded at $1,052.50/ton, free-on-board Malaysian ports, said a Singapore-based broker.

Cash CPO for prompt shipment was offered MYR100 higher at MYR3,200/ton.

The most active January rupiah-denominated CPO contract on the Indonesia Commodity and Derivatives Exchange was trading around 3.4% higher at IDR9,225/ton.

The dollar-denominated January CPO contract on Globex was trading $27.25 higher at $1,030/ton at 1024 GMT.

Open interest on the BMD was 72,289 lots, versus 71,259 lots Wednesday. One lot is equivalent to 25 tons.

A total of 18,948 lots of CPO were traded versus 16,325 lots Wednesday.

1. Singapore Week Ahead

Singapore stock market rebounded strongly this week. Straits Times Index (STI) had its first weekly rise in three.

Market rallied strongly this week from the much anticipated second round of monetary easing from US FOMC. US Federal Reserve shall purchase US$600b worth of government debt in the next eight month. “In essence, the Fed now will print money to buy as much as $900 billion in U.S. government bonds through June—an amount roughly equal to the government's total projected borrowing needs over that period.” US government annual deficit from 2008-2010 was between US$1000b to US$1900b. US dollar dropped inevitably.

The decent market performance for Singapore this week despite various uncertainties such as US FOMC meeting, payroll data and long holiday may suggest further upside next week. However market could be closer to a short term high than a short term low, hence investors adding position at the current time better keep sizing modest. Many smaller cap stocks in Singapore shall announce results in the next two weeks supporting rotational play in small caps as results are released.