Robin is pleased to announce the launching of RHO DLC Trader Group and RHO DLC Discussion Telegram Group (15 May 2022)

To help out those who are keen but new and inexperience in trading DLCs, Robin is pleased to announce that he will be launching two new telegram chat groups where he will be sharing his DLC insights and trade ideas.

Robin has been actively involved with Societe Generale (SocGen) in the promotion of DLCs since it was first launched on SGX in 2017. He regularly featured as a guest speaker and strategist in market outlooks and seminars held by SocGen to promote DLCs as a financial tool to profit from the markets.

The leverage factor of DLCs means price movements can be very volatile depending on the nature of the underlying asset. Therefore, having a trading veteran like Robin with vast experience in trading DLCs and stocks is essential to guide those who are new and inexperience to achieve success trading DLCs.

Robin has a strong conviction that DLCs are useful for both traders and investors in Singapore to generate exceptional returns.

RHO DLC Traders Group RHO

One-way communication telegram chatgroup catered for participants who wish only to listen to Robin’s DLC post and trade ideas.

RHO DLC Discussion group

Is a two-way communication telegram group catered for those who want to discuss about DLC and passionate about sharing DLC trade ideas.

The chat groups provide a platform for participants to express and contribute their opinions/views of the market as well as promote interaction amongst members with an opportunity to learn from one another’s success and mistakes.

The content posts for both DLC Chatgroups are the same. Robin will prioritise his posts in RHO DLC Traders Group.

Benefits of joining the RHO DLC Chatgroup/(s):

• Detailed Trade Plans of Specific Stocks and Market insights

• Market moving news alerts

• Bite size DLC education feeds

• Updates on newly launch DLCs

How to register?

Kindly click on the link to fill up the registration form:

https://forms.gle/Hzhr3q1EgqDVJsYcA

Both RHO DLC Chat Group activities to commence on 17 May 2022 (Tuesday).

About Robin Ho:

Robin is one of the most active and successful traders in Phillip Capital. He is also amongst the top Trading Representatives, taking care of about 2000 clients with more than $50 million of assets under custody. His flagship Unit Trust advisory service is highly sought after by clients who wants an experienced hand to manage their funds. The model portfolio has achieved stellar returns over the past one year since it launched.

He became a well sought-after speaker after turning $100,000 into $2 million in 15 months during the 2008 Global Financial Crisis. Institutions such as Singapore Exchange (SGX), Societe Generale DLC, Macquarie Warrants and Phillip CFD have partnered with him on various projects, including seminars, weekly market analysis, market outlook conferences and trader fairs, bringing professional knowledge to the retail investors.

His views are also highly sought by the media, such as The Business Times, Lianhe Zaobao, The New Paper, Wo Bao and The Borneo Post.

For more than 15 years, he has trained thousands of students, including professional traders in his signature Price Action Trading Course. It is one of the longest running courses in Singapore which is constantly updated according to the ever-evolving investment landscape. It is also famous for its live trading session in which participants put their newly acquired skills into practice. Since 2012, he has been appointed as a professional trainer with SGX Academy.

All posts and charts are for educational and illustration purposes only

What You Need To Know About This Bear Market

Dow and S&P are racing to bear market territory. 

Watch for 20%: Market cycles are measured from peak to trough, so a stock index officially reaches bear territory when the closing price drops at least 20% from its most recent high (whereas a correction is a drop of 10%-19.9%). A new bull market begins when the closing price gains 20% from its low.

I have learnt in my 35 years in the stock market that when the macro turns and the market corrects, the weak get weaker. 

Always choose to short the weaker sector like the Nasdaq and Russell because they fall faster . 

Dow Jones is down 13% from the peak, S&P 500 17.5% , Nasdaq 100 down 27.6% and Russell 2000 down 28.6% from its peak 

Stocks lose 36% on average in a bear market. 

We are not there yet.

Bear markets tend to be short-lived. The average length of a bear market is 289 days, or about 9.6 months. 

We are not there yet.

Every 3.6 years: That’s the long-term average frequency between bear markets. Though many consider the bull market that start after the great financial crisis in 2008 and ended in 2021 to be the longest on record. 

Here’s is the danger , the longest bull market may begat an exceptionally long bear market much longer than the average 289 days .

This bear market still has Legs to go further and longer .

All posts and charts are for educational and illustration purposes only

Amazon (Nasdaq: AMZN) - Well defined long-term trendline that stretches back to 2017 is suggesting that Amazon heading lower towards 2215 and prehaps 2035.

On 2 May 2022 (Monday), this trade plan on Amazon (Nasdaq: AMZN) was posted on my Telegram Stock Chat Group when the stock was at 2,485. 

Last night, Amazon (Nasdaq: AMZN) traded at a low of 2,159 (down more than 5%) and has hit my first target at 2,215 before closing at 2,175. The stock is down more than 12% since this trade plan was posted.

All posts and charts are for educational and illustration purposes only

Russell 2000 Index (10 May 2022)

On May 6 2022 (last Friday), this trade plan on Russell 2000 Index was posted on my Telegram Stock Chat Group when the index was at 1,871.

The trade plan reflected a short-term profit potential of about 150 points (with an immediate target price at 1,726).

Last night, Russell 2000 Index traded at a low of 1,754 (down more than 4%) nearing my target before rebounding to close at 1,762.

All posts and charts are for educational and illustration purposes only

City Dev (SGX:C09) – One month uptrend channel broke down.

On May 4 2022 (last Wednesday), this trade plan on City Dev (SGX:C09) was posted on my Telegram Stock Chat Group when the stock was at 8.05.

City Dev (SGX:C09) traded at a low of 7.88 (down more than 2%) this morning.

Last trading at 7.93. Next target at 7.83 and 7.63. Stop loss at 8.45.

All posts and charts are for educational and illustration purposes only

This Is Why I Continue To Believe This Bear Market On Growth Stocks Is In Its Early Innings

TINA - A common refrain since the March 2009 market low has been “there is no alternative” (TINA) — a catchphrase used as justification for buying stocks amidst ever higher price-to-earnings multiples where treasury yield are close to zero . 

Benchmark Treasury yields definitively broke above 3%, moving further above their four-decade downtrend which intimates a new era has begun. A cold look at the long-term chart shows the next obvious stop should be around 4% The higher yields go, the more appealing they become for many investors and increased fears of a global recession suggests that some may soon consider returning to bonds. 

Tina has reversed so has the “buy on dip strategy”. In the recent months “ Sell into strength”  has overtaken  “buying into dip” as a dominant and profitable  strategy . The  continuing weakness of the Treasury bond market, in the face of a hawkish Fed, is the best evidence of stagflationary concerns. It has also reconfirmed the death of risk parity with bonds and equities both down year to date in America. The S&P500 has declined by 9.4% on a total-return basis year-to-date, while the Bloomberg US Long-term (10Y+) Treasury Bond Index is down 19% . The longer this state of affairs continues, the more likely it is to trigger severe collateral financial damage somewhere. A Hawkish Fed  trying to regain credibility remains plain bearish for growth stocks which is why, I have been so bearish on Nasdaq. The forward price-earnings gap between the MSCI AC World Growth Index and its value equivalent has come back down to around 10 points, having reached as high as 16 points in January last year. The bad news is that the long-term average valuation gap between global growth and value shares is about 5 P/E points, something which suggests the premium still has room to shrink even further.

Another danger lurking on  the horizon for  equities is a growing risk of mass redemptions from ETFs with the sell-off exacerbated by the reality that everybody owns the same stocks (Fanngs) because of the socialist monstrosity know as passive investment or “indexation”. This is why I continues to believe this bear market on Growth stocks is in its early innings .

All posts and charts are for educational and illustration purposes only

BABA (HKEx:9988) Hit Trend Channel Resistance, Could Pull Back.

Alibaba has hit short-term trend channel resistance today at 117.60 HKD.

Could correct to support levels of 114.15, 109.13 and 104.41 in the short term. 

All posts and charts are for educational and illustration purposes only

WTI Crude Correction Could Be Over, Uptrend To Resume

Yesterday, I posted my trade plan on WTI Crude Oil in my Telegram Stock Chat Group when WTI crude was at 108.

Today, WTI Crude futures surged to high of 115 (up more than 2%) hitting my first target . The correction for crude could be over, and it’s poised to challenge the last high at 130.

When WTI crude corrected from 130 to 93, a lot of traders shorted the crude with a view that it had peaked . If the prices challenge the 125 mark it could trigger massive short covering that will take WTI crude to 147. 

All posts and charts are for educational and illustration purposes only

ISDN (SGX: I07) Bearish Price Action - H&S Formed With 50-MA broken)

ISDN form head and shoulder pattern last November. The stock continued to trade weaker thereon and broke below its 50 day-MA in Feb 2022. ISDN price is on a downtrend since.

The stock last traded at 0.575

Immediate Resistance: 0.615

Second Resistance: 0.715

Cut Loss: Above 0.74

Target 1: 0.535

Target 2: 0.45

Target 3: 0.385

All posts and charts are for educational and illustration purposes only

How RHO Trade Plan correctly call a sell on DBS (SGX: D05) near its peak and took profit close to the recent bottom.

DBS hit a peak at 37.49 on 14 February.

RHO Trade Plan identified the start of a downtrend on 25 February and a short call was made at 34.95.

Using RHO propriety price action strategy, we identified our profit targets and cut loss levels. They were spot on, with DBS hitting three out of the four targets set out in the trade plan (gaining more than 11% in slightly more than 1 week).

What’s more? When the third target at 31.05 was hit, DBS pull off a sharp rebound, and we then took all our profit.

In a volatile market like this, it’s so important to understand how to create a good trade plan to identify precisely when to enter and exit your trade.

To find out more about Robin’s proprietary trading strategy, email tanyunyou@phillip.com.sg.

To get first insight into Robin’s trading idea and live market analysis join RHO live-stock chat group. Email Robin at robinhosa@phillip.com.sg.

For account opening, you can click on the link provided: https://blog.robinhosmartrade.com/.../join-robins-trading...

All posts and charts are for educational and illustration purposes only

Gold last done at USD 1,990 is going to challenge its ATH at USD 2,070.

These are the reasons:

* Gold is both a safe haven asset and an inflation hedge. We are in the middle of these conditions.

* War is defining movement throughout financial markets

* Inflation is a big concern. War stoking prices.

* Gold has been largely ignored during wider pandemic driven commodity gains.

All posts and charts are for educational and illustration purposes only

WTI Crude is heading for all-time high at USD 147.

Russia is the world’s largest exporter of oil to global markets and the second largest crude oil exporter behind Saudi Arabia. US and it’s European allies are mulling over the imposing sanctions on Russian oil .

If it happens , oil will sky rocket above is ATH as the sanction could exacerbate the current tight supply conditions.

Furthermore, OPEC Plus declined to take steps to cool the market at their recent meeting while Russia’s invasion of Ukraine rattles markets sends the price of crude skyrocketing.

What seems to be a ray of hope to the Iran Nuclear deal , after months of negotiations , a revised deal was expected to be reached within days under which US sanctions would be lifted in return for Tehran returning to full compliance with the 2015 nuclear nonproliferation deal.

But diplomatic efforts have been sent into a tailspin by Russia’s unexpected demand for written guarantees that its economic trade with Iran will be exempted from US sanctions imposed on Russia since its invasion of Ukraine.

Gulf states sees constraint supply with soaring prices as an as an opportunity to balance their books which potentially could send Crude Oil futures surging towards their all-time high at $147.

All posts and charts are for educational and illustration purposes only

Commodity Supercycle is Accelerating Higher

 The Bloomberg Commodity Index broke out from its uptrend channel to hit a 124 high today.

The 1st target at 131 is approaching but before the year end it should hit 175. Stay invested in commodity stocks especially crude oil.

All posts and charts are for educational and illustration purposes only

It’s Time To Take Profits on Singapore Banks.

Singapore banking stocks opened lower on Thursday (Feb 24), in view of extending losses on Wall Street amid Russia and Ukraine confrontation.

The recent results of Singapore banks have not been fantastic, with both DBS and OCBC bank missing analysts’ expectations.

DBS (SGX: D05): DBS Earnings Miss Forecasts Despite Plunging Allowances

DBS Group recent results showed its net profit for the fourth quarter grew 37 percent from a year earlier to S$1.39 billion, missing a forecast from a Reuters poll of four analysts.

The miss came despite total allowances tumbling after repayments of what the bank called two significant non-performing loans in the quarter.

But all of that wasn’t enough to overcome the negative impact of interest rate cuts early in the pandemic and the exceptional investment gains afterward when markets posted a stunning recovery.

Source: Finews.asia, Smartkarma

DBS (SGX: D05) exhibited technical breakdown yesterday (24 Feb 2022) after a 3-month uptrend (establish since end of Nov 21), the uptrend channel line has been broken and the stock is exhibiting a technical breakdown yesterday (24 Feb 2022).

Resistance is capped at 36.50, could correct to 33.81 and 32.70 in the short term from its current price of 34.95 (at the point of this write up), if weakness persist the stock could correct back to 31.05 and 29.87 in the longer term.

Cut loss above 36.50.

OCBC (SGX: O39) - Another Weak Print

OCBC reported 4Q21 net profit of SGD 973 million, an SGD 251 million (20.5%) decrease on a linked quarter basis.

If not for the 51.8% decline in Singapore not performing loans (NPLs), credit quality would have been disastrous for OCBC, reserves would appear to now be waning by more than SGD 2.8 billion or nearly three quarters of bottom-line results.

Source: Finews.asia, Smartkarma

OCBC (SGX: O39) similar to DBS exhibited bearish price action yesterday (24 Feb 2022) , after a 3-month uptrend (established since end of Nov 21), the uptrend channel line was broken upon their results announcement (23 Feb) and the stock is exhibiting further short-term bearish price action yesterday when it broke the 12.38 support level.

Resistance is capped at 12.69, could correct to support levels of 11.70, 11.38 and 10.98 in the short term from its current price of 11.92.

Cut loss above 12.69.

All posts and charts are for educational and illustration purposes only

Bloomberg Commodity Index - The Commodity Super Cycle Uptrend in full swing.

Conviction buy call to signal the start of the multiyear bull run was made on 18 Feb 2021. The index has gone up 100% but the bull is still young. Next target 115 and 135.

All posts and charts are for educational and illustration purposes only

Crude oil prices looks set to hit 100 and the commodity index will continue to charge ahead.

Russia is world top wheat producer and Ukraine is world 3rd largest producer of corn and 4th largest producer of wheat.

 

All posts and charts are for educational and illustration purposes only