Stock Market Investment

Stock Analysis 27/02/08

2008-02-28T13:56:00.004+08:00

Basically all seem will breakout downtrend soon..

STI Analysis as at 010208

2008-02-02T17:26:00.000+08:00

Base on the small picture STI chart, current STI resistance is at 3168 and 3300. MACD, stochastic and RSI is pointing upward. However STI is still in the downtrend category.In order for a bull run, it needs to breakout the downtrend line and does not fall back again.

Base on the big picture chart, I find that current chart pattern is very similar to previous two correction. If STI is able to break above 3168 and does not break below 2963, a bull trend might start here. This means a newer high and newer low is formed.

STI as at 30/11/07

2007-12-01T20:47:00.000+08:00

Stock market has gone a very turbulence month in November. However this week it had started to rebound strongly. STI has already breakout the downtrend line. Stock market is rising with very high volume. Many people still say that stock market is very unstable. Do not dare to enter. However I have a different view. I feel that this correction has made the bull run stronger. STI breaking new high again is not a problem. When stock market is rising, good news will just keep coming out. Bad news will be ignored. Every dip now should be an opportunity to buy.

Cheers.

Jiutian Analysis

2007-10-25T20:47:00.000+08:00

Jiutian had rebounded off from 50 days moving average. Stochastic, ROC, RSI and MACD show sign of rebound. Base on TA, there is high possibility it will rise further and break resistance downtrend line if dow jones do not drop tonight. Next resistance is at 0.65 and 0.68.

Jiutian has the warrant that allow warrant holder to subscribe jiutian shares at $0.80 within 3 years. Therefore i think if the company want to raise more fund, they will try to push their mother share price to above $0.80 soon.

STI Analysis as at19/10/07

2007-10-20T17:34:00.000+08:00

The following explain why dow jones have dropped so much base on TA. It is a bit similar to my analysis posted last Sunday on dow jones chart in my blog. To me this video only talk after dow jones drop, so a bit useless.
http://www.youtube.com/watch?v=H7BmsY2hei8&NR=1

Now we have to find where is the support level for STI.

Next support level is at 3688, which is the previous high of STI and also 23.6% of fibonacci. I would say this support is not strong enough base on current market sentiment; should be easily breakdown. STI need to close above 3688 points on Monday if not, i don't look good on the STI market.

Next support level is at 3550, which is the 50 days moving average and also 38.2% of fibonacci. I think this support should be stronger, and not easily breakdown. If STI is able to rebound from here, it will be very strong up trend again.

Next support level is at 3440, which is the neckline of the previous inverted head and shoulder form during August. (it is posted in my blog during August). However fibonacci 50% retracement is at about 3430. Anyway I hope STI will not drop till so low.

The index points are only a rough estimate, it can be plus or minus 10 points from what i have given.

STI has closed at support level on Friday, which i am very happy about. However after thinking, it may be shortist covering back their position which resulted rebound during last half an hour. Dow jones drops 366 points on Friday, head and shoulder neckline of 3740 will definitely be broken down. I am very bearish on the market. Please do not enter any position even you think the stock is at a very low price. You will not know where is the lowest price. Even there is a rebound on tuesday or anyday next week, please do not enter; it may be merely technical rebound. Wait for the chart to signal buy before we enter.

Dow Jones Analysis as at 12/10/07

2007-10-13T22:32:00.001+08:00

Dow jone had touched the moving average line and rebound on Friday. This signal that bull trend still intact. 14000points will be the support level now. If it breaks below 14000, next support will be around 13879 and 13747. Many indicators have shown some bearish signal. I have to say we are in a very dangerous level now. MACD, RSI, Stochastic are showing downtrend when dow jones still rising. Volume transacted on Friday dow jones rise are lesser than Thursday dropped. The rebound might be a bull trap or just a technical rebound from moving average. I hope the 3 indicators will change direction in the coming days, if not, i don't feel good about the dow jones market.

STI situation

2007-10-07T21:04:00.000+08:00

STI still remain very bullish even though it is at its peak now. Any dip in STI is a chance of opportunity. I cannot detect sign of BB taking profit. Chances of STI break new high again in coming week is very high. Current market is very bullish. If there is no sign of bad news, yet STI drop, it may be a sign of BB profit taking. Then it maybe time for you to take profit for your shares, otherwise i suggest hold for most of the shares. Normally after BB take profit, bad news will just appear to make the stocks to drop further. Market is very manipulative.

Signal for BB taking profit; if tml, STI gap up and close flat or close negative.

China Stock in play

2007-09-30T23:45:00.000+08:00

China fund is now able to invest in SG and US stock market. I can sense the bull run can continue for a few more weeks. Blue chip and mid-range stock have risen quite substantially in the past few weeks. Friday had shown that blue chip have come to a pause to breathe. This is time when penny will start to run. Have loaded some penny during the blue chip run. I believe coming week, penny will run the show.. Chinahongcheng, sinotech firbre have break resistance level. Should continue to run. Wanxiang also has the potential to run too. Basically most china penny stock will run. Good luck..

StarCruis Analysis

2007-09-22T16:48:00.000+08:00

Starcruis had broken above the resistance downtrend line. On Friday, it had broken above the resistance of $0.43 at a relatively higher volume than previous couple of days. Next resistance should be at $0.46 and $0.50. Should continue to rise on Monday. Support level should be at $0.43 now.

STX PO Analysis

2007-09-22T16:36:00.000+08:00

STX PO has risen a lot recenlty due to its new shares issued on Korean Stock Exchange. However it has shown an inverted T candle stick on Friday with a very high volume. This is a very bad sign if the stock is in the uptrend for many days. Sign of profit taking is shown. Should drop on Monday. Support level at $2.95, $2.82 and $2.66. Most probably will not break below $2.82. If it can rebound from $2.82, long term uptrend is still intact. Prospect of company is good. Good stock for long term investor.

STI as at 050907

2007-09-06T10:44:00.000+08:00

STI has formed an inverted Head & Shoulder. A very bullish signal. If STI is able to break the neckline, 3444pts and close above it with high volume. It will be an indication of buy signal.

STI Analysis

2007-08-18T11:28:00.001+08:00

STI and Dow jones have bottom up sign. STI had fall greatly and rebound back in the late afternoon on Friday. This causes a long tail shadow candle stick appear on the chart. Closing point is higher than opening point. This is a good sign of bottom up. Furthermore Fed has cut the discount rate to the banks by 0.5% causes rally on dow jones yesterday. If STI is able to break and close above 3211, it will be a good sign of bull trend. Next major resistance will be at 3418. However we have to bear in mind whether there is any other company who has not owned up their subprime losses. If there is any company suddenly own up their losses due to subprime mortgage in the following few weeks, i think the rally is not substainable. I rather all companies own up together instead of one by one coming out.

Hyflux Research

2007-08-12T16:35:00.000+08:00

Hyflux has a couple of times when its price trend down, and suddenly breakout on the next day. On 10/08/07(Friday), this stock has trend down again to its support level of $2.93. Will the stock breakout again on Monday? If it is able to break its resistance level of $3.18 with high volume, i think it will be a good stock to buy at $3.20. If it breaks below $2.93, i think it is time to cut losses.. Lets see on monday. :)

ChinaHong and Chinasports Research

2007-08-05T14:54:00.000+08:00

Recent market sell of has caused many stocks to fall significantly. I personally feel that chinahong and chinasports are now at their attractive price. Both companies are doing in manufacturing, distributing, retail, and design of sports wear. Both companies have a strong financial report with revenue and net profit increasing every year. Fundatmentally they are sound and branded in China. With the boost from Olympic, both companies should be able to be benefited, and may double their sales and profits for next year financial report. Chinasports is a new stock, therefore TA is not accurate at the moment. However i can see that the selling is getting exhausted with very low volume.

Hyflux Research

2007-08-05T14:45:00.000+08:00

Hyflux had secured a RMB237 million project in china. It has been consistently break its resistance price recently. Despite the bad sentiment in the stock market now, its share price still strongly above its support level of $2.98. MACD show selling pressure reduced. It had always been rising with high volume and dropping with low volume. I personally think that it has the potential to break above its current resistance of $3.54 within next few months or even weeks.

Singee Huat Research

2007-07-22T11:14:00.001+08:00

Singee Huat has been rising with high volume and dropping with low volume since its ipo. During wednesday market crash, this shares actually drop alot with very low volume. When market rebound, it actually breakout its resistance with very high volume. With construction and property growing, manufacturer of steel industry will definitely be benefited. Good prospect in near future for this company. I personally like both its TA and FA.

Global Ariel Research

2007-07-22T11:08:00.000+08:00

Global Ariel has been rising with high volume and retracement with low volume. Most indicator of TA signal buy except MACD. Its business is focusing on oil and gas, which is a good market now.

StarCruise Research

2007-07-22T10:51:00.000+08:00

StarCruise had break above its resistance of 0.48 with high volume on friday. This can be a signal that this share might continue to rise further in near future. Most of the technical indicator signal it will rise. It has huge amount of assets, share price of 0.48 might be a bit too low. However this company has made a wider losses this year. This may be the reason to prevent its share from rising.

7 Mistakes Which Investors Should Avoid.

2007-07-18T00:54:00.000+08:00

The following are something more important and common mistakes which investors should avoid. I personally also trying to avoid such mistakes.

1) Stubbornly holding onto losses when they are very small and reasonable. There is rule of cutting losses immediately when a stock fall 10% below the purchase price.

2) Buying a stock that is on the way down. A declining stock seem to be good bargain because it is cheaper than it is in past. However there is always a reason why the stock went down.

3) Averaging down in price rather than up when buying. If you buy a stock at $6, then buy more at $5, and average out your cost at $5.50, you are following up your losers and putting good money after bad.

4) Not using charts and being afraid to buy stocks that are going into new high ground in price. Over 98% of the masses will generally think that a stock making a new high price seems too high, but personal feelings and opinions are far less accurate than the market itself. The best time to buy a stock during bull market is when the stock initially emerges from a price consolidation. Eg. Jade, Rowsley, Yongnam, etc..

5) Take profit too fast while holding the losers too long. In other words, you should cut loss short and let your profit run for more time.

6) Concentrate too much on what to buy, never plan when to sell the stock. No rule or system to base on when to sell.

7) Not decisive enough to make decision immediately. Most people do not have a proven plan or system to follow. A system or principle to guide when to buy and sell is important.

AddvalTech Analysis

2007-07-16T21:18:00.000+08:00

AddvalTech has breakout from its consolidation and break new high today with very high volume. If tomorrow, it continues to follow through, it is a good buy. Current support level should be at $0.16 and $0.14. Base on the chart, chances of it breaking above $0.175 is very high. MACD, ROC and Stochastic signal buy.

KingWan Analysis

2007-07-15T14:52:00.000+08:00

King Wan had just break new high on 13/07/07 with very high volume. Its previous resistance of $0.26 will become its current support level. MACD had break 0 reference line with high volume. Many people might think that its current share price might be too high because in less than 1 year, its share price had surge from 0.05 to 0.295. But there is always a reason why the share price rises so much. With property boom and construction everywhere in Singapore, King Wan's prospect is very good in near future.

STI analysis at 15/07/07

2007-07-15T11:55:00.000+08:00

All stock markets have broken new high. Stock market is so bullish nowsaday. So will market continue to break new high in the coming week? Just focusing on STI alone, base on the chart, its current support level is 3653. Next support level is around 3583, which is also on the support trend line. It is good to go long position at 3583. If it breaks below 3583, next support is 3513. Chances of hitting 3513 is lower unless there is significant bad news. Its next resistance should be around 3723, which is the upper resistance trend line.

Base on the chart, STI is very bullish, indicating upward trend still intact. There is still possibility it will break new high in the coming week. However news of US subprime loan crisis resurface, US retail sales fall unexpectedly, and oil prices continue to rise might dampen the market condition. All these might give an excuse of profit taking and correction to take place in the coming week. I personally think it is good to long sti if sti is able to fall to 3583.

2007-07-08T00:32:00.000+08:00

STI as at 06/07/07 was 3561.96. Current resistance level and support level is at 3652.50 and 3490 respectively. From MACD indicator, it seems that selling pressure is reducing. ROC also seem to be going up trend and cut above the ROCMA below the 0 level. It is a good sign for STI to continue its uptrend.

Dow jones seem to be also going up trend with earnings season nearing. However we have to bear in mind that oil prices has been risen a lot recently and seem to be in uptrend too. It might eat into companies production cost and affect their profit. This will definitely affect the stock market sentiment.

Rowsley Research

2007-07-05T13:29:00.000+08:00

I have not been posting since May 07. I apologise for the time lag. During this few mths, i have spotted many good stock that have risen alot now such as yongnam, CSC, Armstrong, BengKuang, LC Dev, OKP, Armarda. I personally think that it is still worthwhile to invest in them for long term. There is always a reason why the stock rises so much. There are also some stocks which i think is good that have not risen much. Rowsley is one of them. Rowsley is now in the consolidating stage. It has always risen in high volume and consolidate in low volume. Current resistance level is at 0.28. However if it is able to break above 0.295, it should be able to shoot up and stay above 0.3. Current support level is at 0.25. If it breaks below 0.22, it is advised to sell away. Hope my posting is useful to you all. :)

Stock Market Situation as at 13/05/2007

2007-05-13T21:57:00.000+08:00

Currently, market situation remain bullish for dow jones and sti. China money supply rises 17.1 percent, exceeding target for the third month. This is crazy; with such a high liquidity, it added acceleration of the china growth again, not forgetting the inflation too. China government should takes action early and increase their interest rate more than they expected because it seems that previous tightening of monetary policies do not have any impact of slowing down.

We can see China market is going crazy and will be burst one day. If it does, will it affects the whole market and causes another economic crisis? I personally think that it will definitely causes the rest of the stock market to correct, but not to the extend of economic crisis.

Dow jones rebounded 111pts on friday will most likely affect our market to open up on monday. However i think that sti correction is not strong enough in order to rise further. There should be a strong resistance at 3500pts.. I think sti will drop back once it hits 3500pts on monday, therefore don't be too bullish at the moment. Wait for further signal before entering the market. Currently i don't see there is any high chances for another signifcant rise for sti. In fact, i think that chances of consolidating and correction is higher than rising.

Stay cautious.. Lose opportunity is better than making a loss..

Stock Market Situation as at 22/04/07

2007-04-22T21:37:00.000+08:00

Currently market situation is very bullish, yet abit cautious and fear.. There are many positive news appearing, however market is trading at all time high and seem to be over valued. When there is any negative news, people is always panic and causes the market to drop sharply, which lead to oversold situation.

On Friday, Dow jones rises 150plus points due to strong earnings report and hope of interest rate cutting. I believe on Monday, there will be sharp rebound. Panic selling will lead to panic buying soon. This is what we call classic greed and fear.

We have to bear in mind that Dow jones had risen sharply recently. Dow jones should consoldiate in the coming weeks.

Stock market situation as at 17/04/07 time 12pm

2007-04-17T12:09:00.000+08:00

Today market should be very bullish with so many good news coming out and dow jones rising 100plus yesterday night. However STI, Nikkei, HSI all have gap up and gone into negative territory today. It is not a good signal for tml market..

Anyway now most impt is tonight inflation report. If report is bad, tml will be very bearish. I actually feel that if today market close negatively, it is a signal that tonight report might be negative. If close positive, then i think it should be ok..

Good luck...

Stock Market Situation as at 15/04/07

2007-04-15T12:08:00.000+08:00

Singapore market had been rising alot recently.. However past few days, there was a pull back.. I think is a good sign.. A pull back on friday and a recovery to positive territory for sti index is a good sign... I think Singapore market for coming weeks should be bullish and continue to rise or even break new high again.. However we have to bear in mind the US inflation report in the coming week.. If it is negative, the fall will be greater than the rise...

Hong Kong market had a pulled back in the past few days too.. I personally feel that HSI is still lagging behind STI.. Chances of HSI rising is higher... :)

With so many merger activities and good profit report and japan yen dropping, market on the whole is very bullish.. I see more upside than downside even we are in a very high price now.. Good luck..

Stock Market Situation as at 18/03/07

2007-03-18T23:48:00.000+08:00

Market seem to be getting more and more bearish.. It seems that there are more and more negative news coming out. Firstly, china stock market sell down 2 weeks ago, US slow growth, subprime mortgage loan, china raise interest rate, inflation is higher than analyst forecasted.

After so much correction due to above news, will market continue to go down or rebound.. The most critical problem now is whether subprime mortgage loan defaults will cause the whole US economy to collapse or maybe significantly slowed down. Do those companies really do some hedging to protect their loan defaults? If they doesn't, i think it will really impact the whole financial sector, and eventually the whole economy. This is because most companies are inter-link. If the lender goes bankrupt, then lender's lender profit will also be affected. Bad debts will spread to all companies.

How to solve the above situation? This is a serious systemic risk. I believe Fed will do something to prevent such things to happen or prevent US to go into recession. But recent CPI, PPI have shown that inflations are still above fed target. What should they do then?

Fed should not increase interest rate anymore. This lead to high probability of economy and stock market collapse. Then should they reduce interest rate? They also won't do so due to inflation concern. But does reducing interest rate worsen the inflation? I have one conflicting question to ask. Inflation can be caused by cost of production too high such as staff wages too high, oil price too high.. Then doesn't interest rate too high also causes the cost of production to increase and lead to higher inflation? So doesn't lowering interest rate help to curb the inflation instead of rising interest rate? If anyone has the answers, please do let me know.

If I am Fed, i will reduce interest rate to save the mortgage loan industry. As for the inflation, they should think of other ways to curb it.

After recent correction, it may be a signal of market going downturn. However all this is hard to confirm. I still view market is good due to strong economy, high liquidity in the market, many merger activities, etc. As long as mortgage loan did not spread to other sector of the industry, recent drops are just a major correction. Market should continue to rise after this correction. Just hope this correction will not last too long.

Stock market in the coming week.. Hard to predict.. Will be very volatile and choppy trading..
Be caution... My view is instituions might hold on their portfolio and buy put options or short futures, etc to hedge their portfolio., therefore should not have any major sell down in US despite so many negative news. If there is really any major sell down, fast rebound will follow up. So don't panic.. :)

Stock Market situation as at 14/03/07

2007-03-14T22:08:00.000+08:00

Things have changed.. Market become very bearish again due to US mortgage loan. This trigger another global sell off in the stock market. This time is more serious than last time even though the fall is not as substantial as last time.

Two weeks ago, the fundatmental of the market is still good, therefore market will recover back very fast as the sell off in global market is over reacted by china sell off. This time the fundatmental of US market has changed. Subprime mortgage loan might cause many companies to close down, and increase more unemployment rate. Chances of US going recession has increased. US budget deficit widen further too. US is now going into some serious problem. Unless fed want to cut interest rate, otherwise stock market of going up is very slim.

As for Asian market, I feel that fundatmental is still intact.. However US is the largest stock market exchange, any sell off will affect the rest of the world. With yen increasing in value, further unwind of carry trade might lead to further fall of stock market..

As a whole, this bearish will persist for many days till further good news coming out. STI testing new low again is possible.. Is not a good time to enter market now.. Wait for signal ba..

Stock Market Situation as at 11/03/07

2007-03-11T22:14:00.000+08:00

STI had continuously rise 4 days after Monday last sell down. Stock market is getting more volatile and unpredictable. The 6 days sell down causes market to panic; many people had cut losses and go into short position. However when everyone think that market is going to fall further, it rebounds back. Professional trader will go into short position during technical rebound. Never did they expect, it can continuously rise for 4 days. I assume these people might have cut losses for their short position on thursday or friday.

Things are unpredictable. I presume now many investors are gaining back their confidence in the market. They might start entering in the coming week. This is another trap for them. I presume last few days rises are caused by institution buying in. Institution like to release negative news to cause the market to sell and buy in at low price. When market seem good, they start to take profit.

Therefore my view for coming weeks, monday or tuesday should have some profit taking even now there are so many good news. In general, market is still have bullish; should have a net gain in the whole of coming week. STI reaching back 3300 should not be a problem in 2 mths time.

Stock Market Situation as at 04/03/07

2007-03-04T23:43:00.000+08:00

Currently, stock market has gone into a worrying situation where there is many uncertainty around. Investors do not like uncertainty.. Global stock market dropped alot due to China stock market one day drop of 9%.

My view of it to rebound on Thursday is wrong. I have underestimate the market panic. A bear market will always move more voilently than a bull market.

Many analyst, including myself, always view that March will have major correction from the start of the year.(read my first posting) Does this really come true..? I hope not..

With dow jones dropped more than 100 points on friday, there is high probability that monday sti will open lower.. however i believe that there will be bargain hunter to push the price up and recover the losses... Whether it can close positively is another matter.

I hope market will not be too panic and keep selling off. If you got money to hold, just hold onto it.. The most this correction will last about 2 weeks to a mth.. Market is still bullish.. Recession is unlikely... Unless there is more negative news coming out, market should not fall below 2900...

Stock market situation as at 27/02/07

2007-02-27T23:20:00.000+08:00

STI plunge 75.90 today due to China market fall and continuously dow jones drop. I think most importanly is because it has gained too much recently. This correction is healthy for the market to rise further. By right, tml there should have some technical rebound, however tonight dow jones drop 100 plus might cause STI to drop further tml. Hopefully dow jones can recover when closing..

I see no reason that STI will fall below 3200.. There isn't any negative news to make singapore market keep falling further.. If tml STI is unable to close positive, there will be high probability it will rebound on Thursday. Bargain hunter will definitely come in.. Most importantly, the market has too much fund now due to so much profit gain recently. They have no where to invest but stock market again...

Whether during March, market will go into major correction is still too early to say.. Today situation maybe a signal. However my view is Singapore market will not go into major correction with its strong economy and growth and liquidity. Of cos my view will change when there is more negative news coming out. Up till now, investors should not panic and cut losses.

Stock Market situation as at 25/02/07

2007-02-25T22:31:00.000+08:00

STI has break new high again.. Singapore market really very strong despite USA market it falling... I guess due to high liquidity in the market and strong growth of singapore, there is no reason market will go into correction... However i still believe there should be some profit taking coming soon. A bull market can only continue if there is small correction. If not, it will become bubble and fall more in future.. High probability STI will drop tml or tuesday. But any fall will be recover very quickly.

Good Luck again..

Stock Market Situation as at 20/02/07

2007-02-20T13:35:00.000+08:00

Last week, market did went into minor correction on Monday and Tuesday. However after Fed Reserve has eased the worries of inflation, causes Singapore market to rebound back. In addition to budget announcement in Singapore, STI has break new high again on Thursday. However profit taking is seen on Friday, which follow the trend of buy in "anticipation" and sell on news.

So will STI continue to rise on Wednesday or continue to fall due to profit taking. Many analyst have predicted market will going to major correction after CNY. At least for the time being, I don't think the correction will start in the coming week. Currently, there is no fundatmental change in the market situation. Singapore market remain bullish. Losses on Friday will soon being recovered on Wednesday. There is high probability of market rising on Wednesday. Furthermore base on past history, stock market is likely to rise on first day of CNY. As whether market will rise on Thursday and Friday is a bit more difficult to predict. I think it should most likely goes sideway unless there is more news coming out.

Btw, HongKong market might fall instead of rise on Wednesday due to China raising interest rate. HK might go into correction faster than expected.

:) Happy New Year.

Market situation as at 11/02/07

2007-02-11T21:27:00.000+08:00

As expected, current week sti had break new high again and again. Currently, market sentiment in Singapore is still very bullish due to corporate tax cut and a cut in banks capital ratio requirement. Corporate tax cut will officially announce in the coming week. Many people may think that after announcement, stock market should continue to go up. However, I want to warn that buy on anticipation and sell on news are becoming more and more popular in Singapore. Stock market might just went down after the announcement due to profit taking.

In addition, dow jones and Nasdaq has dropped due to inflation worries resurface again; oil prices reach $60/barrel again. HSBC extended losses post further gloomy condition. Indian inflation has reached 2 year high. With STI breaking new high on Friday, there is high probability that Singapore market will drop in the coming week.

How to determine which warrant to buy?

2007-02-06T00:21:00.000+08:00

Before we decide to buy warrant, we need to decide which share's wrt to buy. For example, I spotted SPH to rise. It has about 18 warrants in the market now. If do not have time, just pick the few with largest volume transactions to analyse. We need to determine the premium we are paying for the wrt. Example, SPH BNP eCW070608,

SPH mother share: $4.70

Current wrt price: $0.14 Exercise Price: SGD 4.50327

Conversion Ratio
1 share(s) : 2 warrant(s)

Cost of SPH shares if we bought the warrant to buy shares= $4.50327 + (2x0.14) = $4.78327

We are paying $4.78327 - $4.70 = $0.08327 premium to get the leverage of the wrt.

If you think SPH is able to rise above $4.78 by the expiry date of 08/06/07, it is worth buying this warrant.

I already bought 50lots today.. :)

Stock Market situation as at 04/02/07

2007-02-04T13:04:00.000+08:00

Market become very bullish again when Fed ease the worries of raising interest rate. Coming week, market should continue to break new high. People who are in long position can hold till CNY. I don't think Friday dow jones drop will affect much to the rest of the markets. Maybe Monday, our market will pause for awhile or fall back, but will soon recovered by the bullish sentiments..

Stock pick for the week: SPH.

SPH has been consolidating for about a week le. It is time for it to rise higher and break new high. Under such a market conditions, and the prospect of SPH, it should be able to reach $5 by this year. However, I will expect anytime earlier than June this year. Good Luck.

Capital Land unloaded

2007-02-03T11:39:00.000+08:00

Sold my capital land warrant when its mother share rose to $7.25, which is the resistance level of the shares. Currently no holding of any shares. Market seem to be very bullish.. I think it is alright for investor to continue holding their shares.. However as a trader, I think is about time to let go some shares and wait for some minor correction on monday and buy back again... Chinese New Year is coming, past history has shown that stock market will usually rise during CNY period.. Will this history repeat.. I guess so.. Good Luck..

Capital Land again

2007-02-01T19:37:00.000+08:00

Lucky Fed never intend to raise anymore interest rate. Saw HSI drop so much on wed make me worry of my paper loss getting larger. haha.. Today just take profit on HSI wrt at 0.36, highest price.. haha.. so lucky. Current holding, CapitalandMLeCW70718, bought 40lots on monday. Decide to hold till capital land mother stock rise to $7.30 and take profit. Current situation of the market, capital land prospect and its chart, i see no reason that it will fall back. There will only be higher upside than downside chances. Think everyone can still invest in it.. Good luck.

Stock market situation as at 29/01/07 and some stock pick

2007-01-28T16:40:00.000+08:00

Market has finally correct after such a long bull run. Although is few days later than what i predicted, i still able to make some profit on my put dbs put warrant.

Recently risks of inflation have been re-emphasized again causing market worry about increasing interest rate. ECB has also intended to further increase the interest rate hike. Current Fed rate of 5.25% does not seem to have much impact of slowing US economy. There is still some probability of it rising further. If coming week, they decide to raise the interest rate, i think there will be a major correction immediately for the whole world market. My view is that Fed should be maintaining the current interest rate at the moment. If this prevail, stock market should be bouncing back in the coming week.

I actually intend to buy HSI call warrant on Monday, however after looking at the chart and the news, i feel that it is a bit risky. Even i think HSI drop a lot on friday, should be bouncing back on Monday, i still think it is better not worth trying.

There are some stock spotted this weekend. Maybe investors can try capital land, sph, ASTI. :)

DBS put warrant unloaded

2007-01-27T00:32:00.000+08:00

Today market has a strong correction in the morning, but somehow recover abit after lunch.. Does this mean big player is coming in slowly? hmm.. i also not sure.. anyway DBS has hit lower end of the bollinger band, so i decide to take profit and sold at 0.18.. Currently no warrants or shares on hand.. However i spotted HSI warrant volatility. Getting very interested in it.. Might go in on Monday. On Sunday i will give more details of my next move.

Does market correction start today?

2007-01-25T19:45:00.000+08:00

Today market drop 41 points. Does it means market correction start today? Last weekend i predicted market will correct on tuesday, however it does not. If market has not corrected, i think it is not very wise to enter the market at the moment. Wait for tml signal. I still view that market will continue to drop for a few days before bouncing back to another new high. Btw i have sold 50lots of DBS put warrant today to reduce my risk of holding too much. Will hold the remaining 50 lots till the chart signal of DBS will rise back.. :)

Sold SPH call wrt and bought DBS put wrt

2007-01-23T21:04:00.000+08:00

Yesterday sold SPH call wrt at 0.14, earning 0.05. However today bought DBS put warrant at 0.13 in the morning, now it is at 0.12. Loss $1000 in paper within a day. Getting panic in the beginning when i see DBS shares started to rise again today. Theoratically, all banks should drop today due to profit taking and Dow jones fall yesterday. Nvm, I shall not let my emotional overcome my decisions. I will only cut loss if DBS mother share rise above $23 resistance. Otherwise, there is high chance of it dropping back. I think market is really at peak; it should continue to correct tml. Without correction, it is difficult to continue rising.. :)

Stock Market and some stock pick

2007-01-20T21:24:00.000+08:00

Singapore market has break new high this week.. I think there must be a lot of people earning money too. Anyway i think it has reached its peak again. Should have small correction in the coming week. So those long index future now, should cover back position on monday.. I think Monday should continue to rise but drop back at the end of day. Try to get into market again on Friday will be a better choice.

All stock are very expensive now. Not able to spot any shares to buy. KIV Chartered, SemMar, Sapphire, Pine Agritech. Think can buy in coming week. :)

SPH warrant..

2007-01-19T19:11:00.000+08:00

I am so happy that today SPH break new high... Bought 50lots SPH BNP eCW070608 warrant yesterday at 0.09, today it is already 0.12. Current ROI 33% within 2 day. With SPH closing at $6.20 and hit high of $6.4o, I believe that it should continue to rise higher on monday. I am so glad that i decide to sell 20 capital land warrant on wednesday even I think it will continue to rise. Somehow 20lots of wrt profit cannot be compared with now 50lots of wrt profit. I hope my luck can contine all the way... Good luck to everyone too... Huat ah... :)

Capital land warrant unloaded

2007-01-17T21:38:00.000+08:00

Today capital land break new high again.. haha.. thought will correct today but yet rise another new high.. Then it will have higher probably to correct tml, unless dow jones today rise again.. My view is that capital land has high chance of rising above $7 in 2 weeks time. Anyway i still want to take in profit today to avoid any correction.. I spotted SPH warrant today.. Feel that its warrant is a bit underprice. Most probably will enter that warrant tml. Wish everyone Good Luck.. :)

Capital Land (continue)

2007-01-16T22:10:00.000+08:00

Capital land reaches new high but close down, forming shooting star in the candle stick. I am not able to sell it today due my busy work. Regretted queuing 0.005 cent higher and do not have time to cancel queue and sell immediately. There are high chances capital land will fall tomorrow. I will just take in profit even i am earning less tomorrow. :(

My only Investment, Capitalland

2007-01-15T20:44:00.000+08:00

As a poor person, my capital is only a few thousands dollar. There are not many stocks that i am able to buy. I had decided to go into warrant due to its cheap price since last year. Currently, I am holding capital land warrant. During the time when i bought the wrt, its mother share is about $6. To me, $6 is undervalued due to its growth prospect and expansion, therefore I had bought 20 lots warrant at $0.13 on December last year. I have been holding for almost a month. Today wrt price is $0.195 due to its mother share rising to $6.65. Current ROI is 50%. Its shares have break new high again. It is likely to rise further tomorrow if dow jones continue to rise tonight. I feel that this share has the potential to break above $7. However due to its new high, hitting upper end of the bollinger band today, I am likely to take in profit tomorrow to avoid any small correction in these few days. :)

Stock Market Situation as at 14/01/07

2007-01-14T17:06:00.000+08:00

Stock Market has reached its peak on the first day of new year 2007. Thereafter, a minor correction has pulled STI back to as low as 2950. With Dow jones rose on Wednesday and Thursday, STI has risen back to above 3000. On Friday, Dow jones continue to rise another 41 points. This will cause the bull run to continue again. STI is likely to break another new high in the coming week. Last year, when the bull just started after May strong market correction. Many analyst have predicted that STI is likely rise till 2800, 2900, 3000, etc. But the market is far more bullish than anyone think. It has reached far above all the analyst predicted. As to whether how far can it go before a major correction, it is really hard to predict. Many will depend on interest rate, oil prices, etc. Many economist predict that Fed Reserve will reduce its interest rate to 5% before quarter of the year. If this is realized, I think bull run will continue till mid of year 2007. However in my opinion, with BOE raising its interest rate and ECB intending to raise its rate further in coming months too, the likelihood of Fed Reserve reducing its interest rate is very slim. There may be a market correction on March after chinese new year. For the time being, market should continue to rise till Chinese New Year.. Hope everyone can earn a big fat Hong Bao. Good Luck.