Tuesday, May 31, 2011

My take

My take for this time:

Genting, Noble and Ezra
Emini Snp500

Keep your emotion out, let the winner run and cut the loser.

Just sharing. Do not buy them now. The buying price are over.

5 Weeks advance indicator

Hey folk

My 5 weeks advance indicator shows me that we are going up these few weeks.

Nth is 100%

Quote by Jesse Livermore

Hey folk

In case you guys wonder who is Jesse Livermore, he is a legendary speculator and surely one of the most fascinating characters in all of financial-market history.

He started trading when he was 14, he is a grammar school drop out in the late 1800s and early 1900s.

I just share with you some of the quote of his.

"The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."

This one below is more interesting
"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine - that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance."

Like i said before, trading or investment or even financial planning is how you hold your emotions, how you recognise the failure in yourself and ponder on the failure to want to change it better.

UP

Hey folk

There will most likely be a holiday reverse in the market. Which mean to say we are like doing not so good last week, so this week after the the Monday holiday in the US and the UK we are going higher.

STI and HSI both are moving higher and i expect more to come.

Like I said and i would like to say again, do not fall in love with downside.

I will not update my blog so frequently as i am studying some new technique to better trade the market. Hopefully i can discover the technique soon and i would like to share with you guys out there.

Monday, May 30, 2011

Mkt update

Hey folk

I dint have time to update the blog last week.

Do not fall in love with the downside. Mkt for US and UK will be closed today.

Wednesday, May 25, 2011

Bearish??

Hey folk

we are not coming to the end of the world. No ! the market is not going to collapse!

Do not fall in love with the downside. A up move is after a down move and a down move is after a upmove. No up where is the down and no down where is the up.

Do your own homework. Select some good ones and we are entering a mega up move soon. How do I know? Technical analysis tell me so.

Tuesday, May 24, 2011

What is your analysis on the market?

Hey folk

What is your analysis?

US indices have all hit the long trend line and rebound.

HSI and STI too have similar reaction. So what do your think. are your thinking what i am thinking?

USD have almost hit a the top of the long trend line.

Monday, May 23, 2011

Monday 23 May 2011

Hey folk

Look at the major sell down on marine and commodities sector. The financial is still doing right. Indoagri drop almost 10% in the opening.

Blog update

Hey folk

Now you can email the posting to yourself or your friends or loved ones.

Also you can see the indices of the world market and also commodities prices.

Saturday, May 21, 2011

up or down?

Hey folk

The situation now is there are worries for debt repayment in the Euro region. Any country or major bank have problem repaying, another wave of recession will come in.

However, we will also witness a major upmove if the unemployment of US is getting better, and they raise interest rate. I think you will witness one of the most massive up move in history. There is no one time in history that the interest rate is so low, and the govt is printing so much money to flood the market.

On the flip side, we will be entering into an era that cash is trash. Cash you are holding would not be as valuable any more. The next crisis that would occur would be monetary related.

Nth is 100%

10 Finanical Rules for life

1) Allocate your monthly salary

Are you serving money by managing it or by ignoring it?
If you are ignoring it, have no financial options, live hand to mouth, are buried in debt, then you are a slave to it.If you are the slave, then it is the master.

The earn and spend cycle is a vicious one. The duel income family for the most part is not born out of necessity but out of want. Yes everything cost more "these days" but our income has for the most part kept up with inflation.

We just simply spend more money on discretionary items than we did 50 years ago. This is call the live style inflation. You start to fancy starbuck more than kopitiam coffee.

Allocate them so that your money work for you to achieve you personal aims:
10- 20% of income for protection, 30-40% for saving and investment and 50% on expenses. You won’t go wrong if you follow these. Each allocation do have it purpose and can complement each other to gain in value.

Imagine you already have:
- $1 Million coverage for protection,
- Retirement income of about $2000 to 3000 /mth or more base on the value now that can last for 20 years.

Would your life be always good, you just want to make a good life to a greater life. You won’t be really worry about what going to happen to my kids, my parents, my wife, my whatever if something happen to you, you won’t be so worry about when you are old, do you still need to work to support yourself or working is an option.

2) Cut down on spending

How much money you earn has no relationship to your wealth, is how much money you spend that is closely related to your wealth. Just an example, If Mr A earn 10k per month and spend 9k and Mr B earn 2k and spend 500. Eventually Mr B will be richer.

This is the hardest concept for people to understand as we spend our adult lives trying to earn more money. While this is not necessarily a bad thing most people really don't have much control over how much money they make. So cut down on spending so that you have more saving and will lead to your ultimate wealth.

3) Good debt and bad debt

I quote “The rich rule over the poor, and the borrower is servant to the lender.” And the most wonderful things is if you reserve your debt for appreciating assets, your assets will always be larger than your debt.

There are only 2 assets that fall into the appreciating category, real estate and businesses.
- Businesses include both private and public companies. This means there are a whole lot of "things" that should not be purchased with borrowed money.

From Robert Kiyosaki (Rich Dad, Poor Dad) has a great quote, "the rich only buy assets, the poor only buy liabilities, and the middle class buy liabilities they think are assets".
-
My definition of an asset is anything that appreciates in value over time, again only real estate and businesses qualify. Anything that depreciates over time is a liability. Using debt to purchase "liabilities" means you pay interest to own something that eventually becomes worthless.

These "liabilities" include cars, everything inside your house, and every toy in your home.

The key to increasing wealth is never borrow to purchase liabilities, and limit the purchase of all liabilities using cash.
-
4) Teach your children

School don’t teach financial education at all. I think is the duty of their parents to teach them from young on these. Introduce to them how money work for you, show them dividend, interest, rent, incoming producing vehicle, and the power of compounding.

Teach them to take note of their expenses and set a goal to save a certain amount to achieve, weekly, monthly goal.
I think that the best education your kids will get for their entire life.

5) Be discipline

Discipline is in yourself. No one can ask you or stop you for spending for what is outside the plan. With no discipline, you get to no where.

6) Donate

What goes around comes around. Help the less fortunate.
Especially those earning money from trading, investment, gamble. In the market, you earn money someone lose money. If you don’t donate some out, you will find that one fine day you will buy an investment without knowing why and that will be a failure investment. Don’t make sense right. But this happen.
Donate a comfortable amount to help the poor and less fortunate. What goes around comes around.

7) Receive money that is rightfully yours

The money that is yours is yours. Money that is not yours do not try to think about it. Take what is yours and do not fancy what is not.

8) Watch your money

Inflation is a silence killer. You think by not allocating your money properly and save a lot is fine? You are silently being murdered by inflation. Do investment in real estate and business. Things like predevelopment land, unit trust investment be it lump sum or regularly, insurance policy, stocks, bonds. ( Regular investment have a higher chance of profit for a long term.)

Start early, the power of compounding work magic. Starting early can let you alter plans in life and making sure things are still in place. And can Grow a passive income, so that you can retire much earlier.

9) Learn and be open

Always learn. Learn from your investment mistakes. Learn from others mistakes. Be open to accept information, new ideas and trends.

10) Share it with your close ones and friends

When sharing it with them, you learn more. Your friends too will share with you about his experience so it becomes an information exchange. These can bridge you and your loves ones and friend relationship as there are more things to talk about.

You don’t want a situation where you are so much richer than your friend, he is jealous of you and the friendship turn sour. This too will lead to if something happen to them; they will look for you to borrow money. If you don’t lend them, you feel bad and if you lend them the money, it may delay or cancel some of your plans in life.

Friday, May 20, 2011

Potential stocks?

Hey folk

There are a few stocks in SG that seems pretty good. If the selling comes in and then the massive rally these stocks have the potential. I will send them out thru email to my clients.

Genting

Hey folk

Haven been updating the blog so often as i am quite busy with my work and some stuff to further research on the market.

I would like to talk about Genting. From Technical point of view, the stock might have some weakness. There are divergence coming in.So do be careful of this.

Thursday, May 19, 2011

Mkt update

Hey folk

The market is moving higher. Yes you can already buy some stocks. but i do expect another wave of selling then the real up move to come.

Monday, May 16, 2011

Dont fall in love with the downside

Hey folk

The mkt have drop quite abit. My analysis shows there are still more downside. But do not fall in love with the down side. I think many should be excited that the price are lower

Thursday, May 12, 2011

USD down and indices recover now

Look at these, USD down and the indices recover. That is the relations

Crude: on margin raising

Hey folk

Commodities price are also dealed in USD. So is natural that USD goes up the price of commodities would come down. The other things about crude oil is CME have raise 50% of the margin for trading. This cause many traders to meet the margin call thus cause selling. This is a good move to eliminate the speculators out of crude mkt.

Mkt update

Hey folk

For the situation since the crisis of 2007 -08, the USD goes down the stock market goes up. The recent drop is because the USD went higher. USD have formed a inverse H&S which signal a upmove, so i expect there are more upmove to come in USD. However this will let the stock market go lower.

These would not carry on for long as the US govt knows that they are not ready for a stronger USD yet. They still need foreign investors buying the stocks. In the event when the USD really goes up is when the US govt decide to raise interest rate. These show economy recovery and progressing.

Like I say,fundamental always come out on the chart first. The market place will leadthe economy by about 6 months. Which mean to say the USD is positioning itself for a rate hike in the near future. When these things happen, I expect the market to pull back first and then move very strongly upwards. Bcos investor would say oooh no stronger USD mean not a good exchange rate and they will think for awhile and say
rate hike = stronger USD = economy good.

Again i say for S&P 500 it will end 1630-40s end of the year
STI, is the hardest to analysis, but after a few days of serious charting, i get a rough number of 3800s to even 4000 by end of the year.
GOLD will move higher to 1820s
HSI to about 27000s to even 28000

So do not fall in love with the downside. I have not issue any call for buy anyway. I miss Genting buying price at 2.12 and i dint chase it.

Nth is 100%

Sunday, May 8, 2011

Mkt update

Hey folk

President Obama would be having a presidential election next year. He would be elected base on his effort and success of the US economy. I believe that he would do whatever it can be done to make the economy work. Which is by printing money. So probably there would be another QE3 or even QE4. This will again cause inflation to rocket up high. Keep a close watch on that.

Mkt for monday: My take is there are still room for a drop, but be prepare for up move soon.

Friday, May 6, 2011

Mkt update

Hey folk

A rebound might be near.
Stock in Sg that i am eyeing, Genting, Indoagri, Ramba

Thursday, May 5, 2011

Mkt update

Hey folk

I foresee we are going down for another day tomorrow for all markets

I am already in short.

This is not a vote pulling or what. I am a trader and financial advisor, i speak with what i see in the chart. If the ruling party changed, i think i would go full on short on Spore stock market. People investing in unit trust should also change all their fund that associate with Spore out to other funds. Big local companies and foreign investor have dealed with the ruling party for so long and it have become more of a relationship, so changing one may affect the confident.

As a trader or investor, this is an opportunity, not a way to say you are taking advantage of your own country changing of govt.
SGD may too be weaken which will cause inflation to be higher. These few days for SG there is really nothing to go on the long side.

Of course we do not wish these to happen. We need a voice, but we need track records and party that can produced results too. No one is perfect, (if you are please email to tell me the 4D for this sat :) )people make mistakes and that why we are human. Not everyone would benefit from any policies stated out and not all are popular. Eg eating vegetable is good for health but still people dont eat them, smoking is bad for health but still people smoke. I think for man kind, at the end of the day, having the ability to support your family is one of the most important things.

So stay tune. For my clients, i will send you an email on update.

Tuesday, May 3, 2011

Mkt update

Hey folk

The US indices futures have develop a slight bearish formation. So do expect the market to head south.

Gold and AUD too would head south.

Mkt update

Hey folk

I have side step from Asia market for quite some time. Asia market are not doing very well as i said probably the hot monies have flow out of Asia.

In Singapore, market have been side ways. Probably we are waiting for the election results. My take is if the Govt is change or some major Ministers are not in the parliament, go short. Many MNC, banks and trade agreement are forge by the current govt and they build relationship with the counterpart. Also these have been true for very long. So the foreigner investor will be used to and trust the way the current govt do things.

I am a financial advisor and a trader, i do not trade on emotion. As a trader, no matter what the situation is we react and go with it.

So US indices have show weakness. trade with care. Long term projection still intact. AUD have also show some weakness

Monday, May 2, 2011

What i hope the new govt will do

In these election i want the new govt to be able to lead us into:

-Bring Singapore to a higher international stage
-Bring Singapore to be more vibrant city which is like olden days Venice or modern day London, New York where there will be foreigner and exchange of lots of ideas and culture sharing.
-Grow our economy further, GDP growth to be in the top 20.
-There should be more variety of jobs and higher pay.
-Develop the arts and culture.
-Lower the new flat price to really affordable but yet do not affect all existing market resale value and ensure that these new flats will have a steady long term growth in price. Hope that our future new flats wont be smaller n smaller due to land mass using up in our country.
-Ministers to lower their pay or we have to increase our pay to be comparable.
-Keep inflation low and stable.
-After NEWater, we should come out with more things on agriculture, energy solutions and recycle culture.
-A powerful and strong defense force.
-Integrate all new immigrant together with the citizen regardless of race, language or religion, to build a justice and equality society so as to achieve happiness, prosperity and progress for our nation.

I think that most of the wishes are achievable and are interlink. I believe nothing come without hardwork, to achieve all these everyman have to work very hard for these. But I agree myself that the statement on housing is abit ideal or even not feasible.Pls someone help to thk of a solution to our rising cost of housing issue.

Mkt update & Osama is killed according to source

Hey folk

Osama have been killed and this would lift the stock market. USD have fallen.

however USD rise will be temporarily.The chart are still many series of bear flag.