This is a short trading week with the Thanksgiving holiday. Happy (belated) Thanksgiving for all you guys celebrating Thanksgiving out there...

Weekly Superstock Scan 28 Nov- 2 Nov 2016: Nil

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This is a short trading week with the Thanksgiving holiday. Happy (belated) Thanksgiving for all you guys celebrating Thanksgiving out there. With low trading volume, this is another week with no potential superstock found.



On the US front, China Automotive Systems, Inc (CAAS) and MIND C.T.I Ltd. (MNDO) were the only two stocks that passed the technical screens. Their fundamentals were too weak though to be a potential superstock.

In Singapore, it was a full trading week as we do not celebrate Thanksgiving over here. Even so, only Bumitama Agri Ltd (SGX: P8Z) and Golden Agri-Resources Ltd (SGX:E5H) passed the technical screen. As we can see, both are agricultural commodities plays. This is a sector that are most unlikely to be superstocks and with the added commodity risk, it is often not worthwhile to trade them for the longer term.


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