Mkt update

Hey folk

Looking at the chart of asia market. We are awaiting some news or what to drive the market either up or down.

Probably for Singapore, we are waiting for the election result or what not.

Do not be emotion when come to trading.Some people are telling me, if the opposition win, i am going to buy in the market. It do not make any sense out of that because these is purely emotional and your opinion.

On the other side, as i said the hot money have flow back to the west, especially USA. The stock market over there are more rosy.

S&P500 forecast

Alright

Forecast of S&P500 and Emini S&P500 futures end of the year => 1630s to 40s
Currently trading about 1350s. Will hit 1380s soon.

Mkt update

Hey folk

So my forecast of the stocks till year end are going higher for the US indices. The commodities will also move higher. US dollar however, would move lower. That is a natural reaction when the Dollar is lower commodities move higher. Bonds price will continue to move lower too.

Hot money are moving back to the US. So i expect Asia to be a lagger or follower. And the rising price of crude, have lead to businesses feeling the heat in emerging economy in Asia.

Economy recovery are not all rosy. The US govt is using certain tools to move up the stock market some one have to pay the price. The US dollar are paying the price. This will sure lead to higher commodities price which lead to high inflation. At some point when the whole situation turn right, US govt will raise interest rate. US dollar will move higher. The commodities will put in their top, the situation will be back to normal again.

However the situation is. However you dislike it. Please do not let your emotion take control of that. Trade as what technical analysis tell you to.

S&P500

Hey folk

The S&P 500 is on route to hit the level of 1630s to 40s by end of the year.
The next target for S&p500 is 1380s level.

GE and QE

Hey folk

The FED is holding the interest rate steady and the bond buying activities will end on schedule as of June 30th. More update of the 2011 and 2012 forecast coming up.

General election, We are all going to vote this time except for Tanjong Pagar GRC. I am under Marine Parade GRC. Fantastic!!

I shall not say which party i favour more, but a GRC is a team, why compare individual like the 2 young ladies. They are both capable to serve the people. But the group that can serve us better is the best choice. To be honest, I dont see any opposition can take on the role as a government. They can be a second voice for us in the parliament, but to run a country i really doubt so.

Regarding previous post

Hey folk

My apology to the previous post...i mean the US mkt is set to look good and not the Asia mkt. sorry for the confusion.However let wait for what the FED is going to say later before entry

Mkt update

Hey folk

I been waiting for the market to show me the direction. Finally i think the direction is set, the market may go up as the inverse H&S is formed. Today is an historic event, it is a FED policy interest rate decision meeting today ending unusually early at 12:30 pm OST.

Additionally, we are to witness the first ever regularly scheduled FED Chairman press conference. The markets will literally hang on every word Mr Bernanke utters.

I dont think that Ben Bernanke will move the interest rate higher today. If he does, we are in a great reversal.

S&P500 hav hit my target for this month of 1340s yeah yeah...Moving all the way to 1630s - 40s at the end of the year.