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Market Updates

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Monthly Update – May + Live Trading Portfolio

Monthly Update – May + Live Trading Portfolio

Hi Community,

It's been a while since the last update, being overseas (I've lost count the number of trips I took) and serving the nation.

I was glad to receive many calls in the process, asking for my views on the market etc, and am heartened to know that all of you found the market updates useful.

The past few months had been a humbling experience for me, missing the 1st quarter of SG / US rally, which could have potentially increased my portfolio significantly by another 20-25%, and having to cut loss on a couple of trades when the pullback wasn't deep enough. Well, shit happens and I will just wait for the next opportunity.

Let's get down to it. 

Read More

Monthly Update – February + Live Trading Portfolio

Monthly Update – February + Live Trading Portfolio

Hi Community,

It has been a long while since our last Monthly Update. Had an amazing 2 months resting and being around with my loved ones and having back to back festive periods (Christmas, New Year and Lunar New Year) made it sweeter.

I have been trying out new strategies since Jan, and I will be showing you guys the results later.

Let's get down to the outlook.

Read More

2016 Year End Portfolio Review + Market Outlook

2016 Year End Portfolio Review + Market Outlook

Hi Community,

We have come to the end of another year. Hope all of you managed to achieve your goals that you've set out in the beginning of the year. It's time for your 2017 New Year's resolutions! (And I'm sure many of you will be rolling over some from 2016. Oops, it happens.)

Mr Financesavvy team wishes the community a healthy and prosperous New Year!

In 2016, I started the $10k trading challenge, where I wanted to prove to the trading community at large, that it is not necessary to have a huge capital to trade consistently and profit in the stock market. 
 
STI has risen by +1.59%, DJI up by +15.24% and S&P is at +11.23%.

I have generated +21.85% for 2016. I was up around 40% at one point before having to cut a few trade losses in Dec itself. Can't wait for 2017 for another year of trading!

For transparency, I've been uploading my trading portfolio on Facebook and monthly updates.
I'll be putting up my 2017 resolutions in another post and to show you guys with tangible steps, on how I achieved 96% of my goals in 2016.

Read More

Monthly Update – December + Live Trading Portfolio

Monthly Update – December + Live Trading Portfolio

Hi Community,

It is time for our Monthly Update.

Hope all of you managed to follow through with last month's market outlook. For those who did, congratulations on taking long positions and making significant profits.

I will be trading tonight, taking up some long positions in the US market.

Read the post for more details.

 

STI

Congratulations to those who bought on a bullish candle on the sideway movement - once again, as mentioned on the previous update. 

 

What is going to happen next?

I am expecting a pullback or a period of consolidation soon. Traders & Investors alike, should not be looking to long.

On a longer timeframe, STI is forming a trend reversal and turning uptrend soon. We will see in due time.

 

DJI and S&P

 

From the previous update, I have long some counters . 

For Dow Jones, we see a small period of upwards consolidation and I have been waiting for a breakout on either direction. Last night, the wait is over, and we can see a strong bullish breakout candle based on last night's trading session.

For S&P, we saw a small pullback, followed by small white consolidated candles and breakout.

 

What is going to happen next?

Instead of buying Dow Jones or S&P index directly on a breakout play, I will be filtering some uptrend stocks to long.

  1. Breakout will succeed and go higher. 30% probability
  2. Failed breakout and will lead to a strong pullback. 70% probability.

 

Stock Portfolio on $10k Challenge

As of 8th December 2016

Portfolio is up 37.16% year to date. I am happy with my performance for the year, and hoping to close off the year at 40%.

 

 

 

 

Disclaimer

The information contained in this publication / this website is provided to you for general information only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.  

Past performances is not necessarily an indication of future performance and performance attribution has not been verified by an independent party.

You may wish to obtain advice from a financial adviser before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest. 

Any views, opinions, references or other statements or facts provided in this blog/website are personal views and shall disclaim any liability for damages resulting from errors and omissions contained.

Monthly Update- November + Live Trading Portfolio

Monthly Update- November + Live Trading Portfolio

Hi Community,

Time for our Monthly session. I will update you guys once I have managed to do up the Monthly Market analysis on video. Once that is up, you can expect massive value and content to be heading your way.

On a side-note, there is be no more 938FM radio interviews scheduled till 2017 due to my busy schedule. I will let all of you know my 938FM radio slots in 2017.

For those who have been following the market updates closely, I am preparing to take some trades either today or tomorrow. Be ready.

As usual, portfolio as shown below.

Read More

Monthly Update – September and October, Live Trading Portfolio & Upcoming 938 Live Interviews

Monthly Update – September and October, Live Trading Portfolio & Upcoming 938 Live Interviews

Hi Community,

Time for our session again. I am still figuring out on how to do the live recording of the Monthly Update and will most likely be commencing from November onwards.

For those who have been tracking my monthly updates, you guys would have known that I was seeking for buying opportunities.

Market has been really lackluster since August, though I have taken action and long some US stocks. You guys can view my portfolio below as always.

Read More

Monthly Update- August + Trading Portfolio

Monthly Update- August + Trading Portfolio

My Views:

Hi Community,

It’s time for our Monthly Update again!

As you guys know, I was in HK and was stuck during the typhoon. Glad to back in one piece.

From the previous update on STI – you can refer to the previous post, all of you knew that I was expecting either an attempted breakout followed by a correction, or a pullback.

 

The attempted breakout, followed by a correction did occur.

As for DJI & S&P, the pullback did not occur and a breakout ensues. I did adjust my positions and profited from the breakout. The dynamics have changed and you should take a look on my outlook going forward.

Read More

Monthly Update – May

Monthly Update – May

Monthly Update – May

 
 
Hi Community,
 
Hope you guys had an awesome long weekend. Just came back from serving the nation and ready to rock the stock market as always.
 
 
 
My Views:
 

STI

In my previous monthly update, all of you knew that I was inclined to short and have done so accordingly. Those who have attended my last seminar in April would have known about my intention to short as well.
 
Congratulations to those who have followed, and have earned some extra moolah. 

The outlook has changed. Take note of the following. 

 
 
 
What is going to happen next?
 
1. STI will test 2782 region and correct to 2537, resuming downtrend.
This will indicate that the recent breakout is false and buyers are flushed out.

OR

2. STI will either consolidate at / above 2782, or strong bullish momentum.
This will indicate it is a trend reversal, forming a higher high and higher low.

Those holding to short positons will enjoy the ride while it lasts, whereas buyers will need to look out for a strong bullish candle.

 

Dow Jones

A picture speaks a thousand words. Sideways.
 
Resistance is at 18,097 area
Support is at 17,546 zone, followed by 15,658 
 
What is going to happen next?
 
1. DJ will correct to 15,900 region.
 
2. DJ will consolidate at 18,097 zone and attempt a breakout.
I am inclined to short Dow Jones + some US stocks. 
 

Stock Portfolio

Seminars:

 
For those of you who are keen to know how I evaluate the global markets, determine the market movement and all other good stuff that you have seen me doing, I have opened 2 additional timings for the community to register.
 
 
Date: 14th May 2016 (Saturday)
Time: 2.45pm – 6pm
Venue: Phillip Securities Pte Ltd
20 North Bridge Road #06-00, Raffles City
 
OR 
 
Date: 20th May 2016 (Friday)
Time: 7pm – 10pm
Venue: Phillip Securities Pte Ltd
20 North Bridge Road #06-00, Raffles City
 

For those who are interested, click on the image below to register.

 

Disclaimer

The information contained in this publication / this website is provided to you for general information only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

Past performances is not necessarily an indication of future performance and performance attribution has not been verified by an independent party.

You may wish to obtain advice from a financial adviser before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest. 

Any views, opinions, references or other statements or facts provided in this blog/website are personal views and shall disclaim any liability for damages resulting from errors and omissions contained.