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Announcements
Happy New Year ☺
This year, I will be planning a slew of courses to help everyone better understand the market and also to introduce everyone to topics that no one else covers in courses outside.
The idea is to have one session each month, free for clients.
Keep a look out for details here!
Japan is having "Golden Week" this week
Juice
Singapore
December PMI came in at 49.5, better than expected and higher than November but still under 50 (above which signals expansion in manufacturing)Comment: Nothing new here. Technical recession is likely to be expected, as portaryed in the news also.
Analyst Reports
Biosensors by MS: Top pick for 2012. Expect further expansion of its distribution network in international markets, benefiting from the advanced technologies of its flagship product, BioMatrix. In addition, Co. expects to receive CE mark approval for its core pipeline product, BioFreedom, from the EU in 2012, which should be the key catalyst for the next 12-24 months.
Comment: Chart has broken its 52 week high. Looks bullish. Co. is having a presentation a JPMorgan's BioMedical Conference next week
Sources: Bloomberg, Reuters, WSJ, The Business Times, Analyst Reports, Company Announcements
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