ooops i m wrong abt today mkt...the crude when up and the US indices too as of now...
nothing is 100% so also trade with stops
Monday, October 18, 2010
Saturday, October 16, 2010
MAPLETREE INDUSTRY TRUST IPO
Good morning
OMGIF = omg is Friday. To new trader out there who just started trading or learning how to trade, there is a symptoms that will haunt u. you wont TGIF, but u will OMGIF. you dont want Friday to come, because the next day the market is close and you cant trade, the next next day unfortunately is Sunday and the market is close again.This 2 days for you will be somewhat boring and no $$ can be made.That is why the symptoms comes in. However, i urge you guys not to rush, stay patient stay calm. This 2 days of rest is to do ample research for the following week to come.So if you are serious in this business, this is a ongoing process and is not going to be easy.
MAPLETREE INDUSTRY TRUST IPO
Alright alot of people have ask me about mapletree industry trust IPO. It launching at 0.93 / lot. It is a property trust, which owns factories and other industrial properties in Singapore.
chk out this site http://sg.news.yahoo.com/rtrs/20101011/tap-mapletree-ipo-c3bb44c.html
It has many interest from institution investor. It would be a good dividend stock as REIT is more of a dividend than capital appreciation. It let you have property in your portfolio without being the landlord.So have a long term horizon on this will be good to have a effective return.
For new traders or investor, please note that for IPO balloting, you might not get the number of stock that you want. As in you apply 10lots, maybe you get 1 lot.
So if you wish to sell it out quick, do you maths right.
For buy + sell fee = approx $50. So those who get 1 lot, to earn $50 the stock have to trade at $1.04 which is a 11% upmove.So get it right.Pls dont try to buy the stock from the market if you miss the IPO. The institution will love you alot, as you will be the person whom they sell you the stock and get cash from you.
So far there are 21 IPO this year of which there are 7 stocks that are trading higher than their IPO price and 14 trading lower than IPO price.
Average gain/lose in term of % from IPO price is -2.33%.
These are purely my own analysis, opinion, calculation. It is not a recommendation for any action to be taken.
OMGIF = omg is Friday. To new trader out there who just started trading or learning how to trade, there is a symptoms that will haunt u. you wont TGIF, but u will OMGIF. you dont want Friday to come, because the next day the market is close and you cant trade, the next next day unfortunately is Sunday and the market is close again.This 2 days for you will be somewhat boring and no $$ can be made.That is why the symptoms comes in. However, i urge you guys not to rush, stay patient stay calm. This 2 days of rest is to do ample research for the following week to come.So if you are serious in this business, this is a ongoing process and is not going to be easy.
MAPLETREE INDUSTRY TRUST IPO
Alright alot of people have ask me about mapletree industry trust IPO. It launching at 0.93 / lot. It is a property trust, which owns factories and other industrial properties in Singapore.
chk out this site http://sg.news.yahoo.com/rtrs/20101011/tap-mapletree-ipo-c3bb44c.html
It has many interest from institution investor. It would be a good dividend stock as REIT is more of a dividend than capital appreciation. It let you have property in your portfolio without being the landlord.So have a long term horizon on this will be good to have a effective return.
For new traders or investor, please note that for IPO balloting, you might not get the number of stock that you want. As in you apply 10lots, maybe you get 1 lot.
So if you wish to sell it out quick, do you maths right.
For buy + sell fee = approx $50. So those who get 1 lot, to earn $50 the stock have to trade at $1.04 which is a 11% upmove.So get it right.Pls dont try to buy the stock from the market if you miss the IPO. The institution will love you alot, as you will be the person whom they sell you the stock and get cash from you.
So far there are 21 IPO this year of which there are 7 stocks that are trading higher than their IPO price and 14 trading lower than IPO price.
Average gain/lose in term of % from IPO price is -2.33%.
These are purely my own analysis, opinion, calculation. It is not a recommendation for any action to be taken.
Friday, October 15, 2010
Moving up mkt... buy??
Like my previous post said that be long end of Oct. There are people writing to me and ask me about you said is moving up but why are you not long, why wait till end of Oct. The analsysis is like this: The market seems strong. for the rest of the week or 1 week it gng to go up. But this are the last wave of people coming into the market. Which mean to say, people are buying higher and try to sell higher.I am not a trader that like to risk that. I prefer to buy at the low and sell high.
Unless you think this is worth the risk if not then dont do.I am a rather cautious trader that prefer to buy low sell high or sell high buy low.
So my take is still be long by end of Oct,the market is moving all they want for the pass few days, but i am totally not very active in the market these few days.
Unless you think this is worth the risk if not then dont do.I am a rather cautious trader that prefer to buy low sell high or sell high buy low.
So my take is still be long by end of Oct,the market is moving all they want for the pass few days, but i am totally not very active in the market these few days.
Wednesday, October 13, 2010
Rally is in the picture
Look at the market rally today.
I think the up move is going to stay. From Technical analysis point of view, it is going to stay probably for a good 1-2weeks. Mid term election, govt stimulus, continue to let the dollar continue to go lower, the market will get prop up or some say inflationary rally.
All the major indices and Euro currency index are trading in a parallel channel. The US indices have go through a triple top and move right through.
However my analysis of being long by end of Oct still stay. I believe a drop is near. But again, i can be real wrong about all this.
I think the up move is going to stay. From Technical analysis point of view, it is going to stay probably for a good 1-2weeks. Mid term election, govt stimulus, continue to let the dollar continue to go lower, the market will get prop up or some say inflationary rally.
All the major indices and Euro currency index are trading in a parallel channel. The US indices have go through a triple top and move right through.
However my analysis of being long by end of Oct still stay. I believe a drop is near. But again, i can be real wrong about all this.
Tuesday, October 12, 2010
US dollar and the market 5 min intraday chart
US dollar index
S&P500
This is the 5 min chart of the dollar and the SnP500. Look at that move. When the dollar goes up the market come down, when the dollar goes down the market come up.
Right now we are seeing that the dollar are getting weaker, and look at the up move on the 5 min chart of the SnP500.
S&P500
This is the 5 min chart of the dollar and the SnP500. Look at that move. When the dollar goes up the market come down, when the dollar goes down the market come up.
Right now we are seeing that the dollar are getting weaker, and look at the up move on the 5 min chart of the SnP500.
Market for today
Resilient yen, China raise reserve requirement to drain cash from the economy send asia stock down
The stock market is under pressure to come down. As you can see in the US market yesterday. Yesterday is Colombus day. The bank are having holiday. So the trading volume is light.The market move side ways for most part of the day and it went down and then recover at 4pm EST. If the market is really going up, this kind of scenario rarely happen. It would move up gradually.And trading volume is thin, which mean that anyone that have a hugh capital can manipulate the prices to go up or down.
Now you are seeing the market trending lower, due to earning report coming in and FED minutes at 2pm EST. Investor are cautious about it thus stay at the sideline. The main reason is still the Dollar.When the Dollar is up, the market will come down, when the Dollar is down the market will go up. Today we see the Dollar moving higher. So you too witness Gold is down, commodities like crude is down.
My forecast say the same.(as posted as my previous posting)
Stay tune
The stock market is under pressure to come down. As you can see in the US market yesterday. Yesterday is Colombus day. The bank are having holiday. So the trading volume is light.The market move side ways for most part of the day and it went down and then recover at 4pm EST. If the market is really going up, this kind of scenario rarely happen. It would move up gradually.And trading volume is thin, which mean that anyone that have a hugh capital can manipulate the prices to go up or down.
Now you are seeing the market trending lower, due to earning report coming in and FED minutes at 2pm EST. Investor are cautious about it thus stay at the sideline. The main reason is still the Dollar.When the Dollar is up, the market will come down, when the Dollar is down the market will go up. Today we see the Dollar moving higher. So you too witness Gold is down, commodities like crude is down.
My forecast say the same.(as posted as my previous posting)
Stay tune
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