September 26, 2014 - Boring Day Market initially tanked as much as 60 points intraday to hit 7230 but bounced off around 10:14am (34 minutes after everyone finished panicking about how bad the triple digit drops of DJIA is) and remained firmly well bid all across the board to close 30 points higher from lows at 7261, still down 32 points from yesterdays close but nevertheless - stable. Early morning, leaders already showed strength. Without cheating --- (no market report seen yet - check it later if my tape reading skills are correct. Heres what I think are the top foreign bought for the day 1.) Mandarin most likely is a foreign buyer on #MEG ---> still adding 10M shares today. (I saw Wealth sell 5M shares at the close of 4.97 but really its immaterial since Wealth isnt foreign and has many clients. I dont really care much about this brokerage firm except when its the really big whale inside.) My guess: at least 60/440 2.) Macquarie is definitely in my view foreign and is being fed by Wealth some #LR shares. No worries, Wealth is a good giver and loves many participants. Wealth gives 20M worth at avg of 9.30 and closes 9.40. My guess? : at least 20/52 COL Financial is bullish #LR by the amount of buying done with #LRW. If I can guess, 133 boys and girls will make money when #LR hits 9.80 one day and creating their own version of momentum. SB Equity leaves and hands them 1.8M shares. (Big fund feeds retail mob.) 2.04 seems a cheap risk versus reward trade though. 442 total trades on this one. 3.) #RLC Mandy is definitely foreign Venture following the new highs at the close. 25.45 #JGS still new highs #FPH still new highs #LPZ still new highs #EDC - foreign bought yan (in my guess) my guess is 130/300 Keep all of them. People still adding on their winners. Id assume all these have at least 20M foreign buying. 4.) BDO buying #RWM and #BLOOM :) Id assume both are foreign buying. My guess - 100/220 & 10/60 5.) CLSA likes #BDO but it seems a lot of other funds dont want to hold it any longer. Id assume this is square. Out of 357 Value traded, maybe this is just 50M foreign buying. Still 97 though, and still better versus #MBT which will definitely be foreign sold today. Out of 455M value, lemme guess #MBT has at least 100M foreign selling 6.) #TEL and #GLO will continue to suffer foreign selling (thats my guess) Out of 1,458 TEL value traded- Id assume half is foreign sold Out of 312M GLO value traded - half is most probably foreign sold 7.) #URC and #JFC - Id assume the funds will keep flowing here At least 100M perhaps on URCs 300M value At least 20M on JFCs 68M value traded Ok its a boring day. Good night! zzzzz for the #BHI peeps? I dont have any but sucks if you have it. most likely all col retail trying to bargain hunt for a bounce, but dunno about you guys. 135M value traded, #ALI and #BHI deal is over. Just go to the edge disclosures for that bad news. (check laters market report if my guesses are right or wrong)
Posted on: Fri, 26 Sep 2014 07:59:24 +0000