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.