All posts and charts are for educational and illustration purposes only
Monday, December 16, 2013
Thursday, December 12, 2013
Wednesday, December 11, 2013
Tuesday, December 10, 2013
Monday, December 9, 2013
Market Opinion
Investors continue to stay away from Singapore market inspite of Dow Jones strong rebound,, favouring Japan and North Asia. The overnight US 10 YT spike to 3 month high of 2.93% did not argur well for Singapore Reits and yield stocks. Blumont's rebound provided some shine to some penny stocks. Vallianz blown up volume seems to indicate a short term peak has been reached, most of the distribution done at 0.132, won't turn bullish until it close above this level. Hankore was particularly strong today but 0.073-0.074 level is a huge resistance. Mermaid continue its strong uptrend on the back of it's good 3Q results, strong support at 0.415, will put a stop at 0.41. Ezra closed high today, could be interesting watch tommorrow, BB may roll over last weeks big volume trade which is due next 2 days!
All posts and charts are for educational and illustration purposes only
Friday, December 6, 2013
Market Opinion
The broad market is bearish and volume continued to be low on selling of Blue Chips. The weakness in Gold and the spike in the US 10Yr Treasury are market expectation of Good Job data tonight. Anything more than 200,000 jobs added will invoke renewed tapering fear.
There are only a couple of stocks that are resilent in the amidst the weak market. Vallianz continue its 4 Days winning streak, Genting Hk rebounded towards the end to close high, Mermaid attracted lots of buying at 0.41 and Ntegrator had a surprisingly last minute buy up to close high!
All posts and charts are for educational and illustration purposes only
Thursday, December 5, 2013
Wednesday, December 4, 2013
Tuesday, December 3, 2013
Monday, December 2, 2013
Friday, November 29, 2013
Master The Markets Through Price Volume Action Techniques. Organized by SGX.
These series of courses was the first time I introduced live trading demo as part of the cirriculum. We spent about one hour before the market opened to plan our setups and executed the trades accordingly to our plans after market opened.
Thank God in all three sessions of live trading, the market moved the way we had predicted. I believed the most effective way to learn is to see a experience trader trades live. From the feedback, most students said this is the best part of the course.
All posts and charts are for educational and illustration purposes only
Mastering Index Futures Course In Penang - 13 & 14 Oct 2013. Organized by RHB Bank Malaysia.
All posts and charts are for educational and illustration purposes only
Thursday, November 28, 2013
Wednesday, November 27, 2013
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