The JCI January 3, 2020
Jᴀɴᴜᴀʀʏ 3, 2020 * Tʜᴇ JCI ᴛʀᴀᴅɪɴɢ ʀᴀɴɢᴇ: 6,250ᴘᴛ - 6,350ᴘᴛ (Yᴇsᴛᴇʀᴅᴀʏ ᴄʟᴏsᴇ: 6,286ᴘᴛ) * Wᴀʟʟ Sᴛʀᴇᴇᴛ ʜɪᴛ ᴀɴᴏᴛʜᴇʀ ʜɪɢʜ ᴏɴ 1) ʙᴇᴛᴛᴇʀ ᴡᴇᴇᴋʟʏ ᴊᴏʙʟᴇss ᴄʟᴀɪᴍ, 2) ᴄʜɪɴᴀ ʟᴏᴡᴇʀᴇᴅ ɪᴛs ʀᴇsᴇʀᴠᴇs ʀᴇǫᴜɪʀᴇᴍᴇɴᴛ , 3) ᴘʜᴀsᴇ Oɴᴇ sɪɢɴɪɴɢ ᴏɴ Jᴀɴ…
The JCI January 2, 2020
Jᴀɴᴜᴀʀʏ 2, 2020 * Tʜᴇ JCI ᴛʀᴀᴅɪɴɢ ʀᴀɴɢᴇ: 6,240ᴘᴛ - 6,350ᴘᴛ ( Mᴏɴᴅᴀʏ ᴄʟᴏsᴇ: 6,299.5ᴘᴛ) * Wᴀʟʟ Sᴛʀᴇᴇᴛ ᴇɴᴅᴇᴅ ᴛʜᴇ 2019 ᴜᴘʙᴇᴀᴛ * Tʜᴇ JCI ɪs ᴇxᴘᴇᴄᴛᴇᴅ ᴛᴏ ꜰʟᴜᴄᴛᴜᴀᴛᴇ ᴛᴏᴅᴀʏ ʙᴀᴄᴋᴇᴅ ʙʏ sᴛᴀʙʟᴇ ᴏɪʟ ᴘʀɪᴄᴇ Morning, …
The JCI 1Q20
Year-end 2020 JCI Target 7,055pt We calculate, based on a 12% average earnings growth across the board, the JCI to post year-end estimate index point to 7,055pt. We argue upbeat CPO price, reversal trend of coal price, and…