BSC - Vietnam Daily Monitor 2015.11.09 - The weak ahead_Lack of motivation

Summary

Markets fluctuated, increasing and decreasing interwoven in session. The speculative stock group have replaced the bluechips stock to become the advancers today. However, market breadth was skewed to the declines' side. Foreigners were net sellers on the HSX, while net buyers in the two remaining exchanges.

Recommendation

Sideways trend continues and would remain tomorrow if no additional information to be strong enough to support the market. The technical range is between 600 and 615 points. Investors consider maintaining a reasonable stock weight, taking profits in the rallies and recovering in the down sessions.

Stock recommendations

Short-term portfolio: Buy TNG

CANSLIM portfolio: Buy BHS