Learn How Joel Builds His Financial Empire


Free e-book on strategies to consistently profit from the stock market.

Exclusive premium content for Financial Freedom.
 
 

Monthly Update- November + Live Trading Portfolio

Home / Blog / 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.

STI

2016nov-straits-times-800x600

 

From the previous update, I mentioned that STI has been trading sideways and we have yet to see any real volatile action for traders to capitalize on. STI is currently near the bottom of the sideway range. 

Congratulations to all the short-term traders / traders trading on shorter time frames, being able to ride on the penny stock runs for the past few weeks.

 

What is going to happen next?

Sideways traders may consider buying on a bullish candle, to capitalize on the range trade. If STI breaks the 2788 support region, we will see a continuation of a downtrend after a really long period of sideways movement. For now, I am inclined towards the former.

 

DJI and S&P

2016nov-dow-jones-averages-industrial-average-800x600

2016nov-sp-500-800x600

 

US elections are here and I have been looking forward to this event for many months now. I am hoping for the market to be volatile after such a long period of consolidation since July till now. Traders love volatility.

 

What is going to happen next?

The market conditions have aligned for me to take 1-2 long positions either today or tomorrow. I am going to trade today if the market opens with a strong bullish candle. If not, I will wait till tomorrow and prepare my trades again.

 

Stock Portfolio on $10k Challenge

As of 7th November 2016

Yep, I have no open positions at the moment and I have been waiting. Cut a few losing trades and I am at 24.4% returns to date for the year. See you all in the market!

 

whatsapp-image-2016-11-07-at-7-35-45-pm

 

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

Join the VIP List!