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.
Friday, May 20, 2011
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.
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.
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
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.
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%
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%
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