Market Updates

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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.

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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.

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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.

Monthly Update – April

Monthly Update – April

Monthly Update - April

 
Hi Community,
 
It has been such a long while since the last Market Update. I am currently figuring out how to link up the Monthly Updates to a live Webinar, and to make it interactive for you guys.
 
Together with the live Webinar, I will be putting a column where all of you can pose your questions you may have or challenges you are encountering when trading or investing.
 
Stay tuned for more details.
 
Please note the following for the Market Update:
 
- I am unable to indicate the resistance and support levels on the charts to the precise index point. Either the software is preventing me from doing so, or I have fat fingers. I think it's the latter.
 
What I have done, is to include the data index for the resistance and support for the relevant markets. Yes I know I am awesome.
 
My Views:
 

STI

For those who have been dropping me whatsapp / attended my previous seminar / chatted up with me in any other ways, you would like known that I was expected the current rebound, after the deep correction from December.

 
The market has rebounded strongly. So what next?
 
STI is seemingly going sideways - from a downtrend, with no confirmation yet and has reached a critical juncture with resistance at 2897.
 
The following could happen:
 
1.  Fail to breakout upwards past resistance and we will undergo another period of correction.
 
2. A consolidation / pullback before a breakout. It is important to note that STI has been up for over a month. 
 
In both scenarios, I am inclined towards a short. I am looking forward for a period of correction OR a false breakout. 

DJ

Top of the Sideway Band.

 
The following could happen:
 
1. Correction occurs, to 15,501 level
 
2. A period of consolidation, breakout upwards from a sideway market. 
NASDAQ

NASDAQ was trading in a sideway market and is now downtrending. It broke 4486 to 4216 before rebounding back to current levels.
 
It has a lower low and lower high.
 
I am inclined for a short. 
S&P

 
Sideways. S&P is near resistance at 2077.37.
 
The following could happen: - Similar to Dow Jones

1. Correction occurs, to 1808 level

2. A period of consolidation, breakout upwards from a sideway market. Thereafter, we will look forward to verify the authenticity of the breakout. 

 
 
In summary,
 
STI, Dow Jones, NASDAQ and S&P had strongly rebounded for over a month. This week will be a critical juncture for traders to take note of and I am looking for shorting opportunities.
 
As always, if you need any help, feel free to contact me.
 
 
 

 

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 – September

Monthly Update – September

Hi all,

17th & 18th Seminars are fully booked.

I will arrange for 2 seminars in October.

 

My Views

STI Outlook

2015Sep-STI-800x600

 

Resistance 2: 2,999

Resistance 1: 2,932

Support 1: 2,799

From my previous interview with 938FM,

I mentioned that I looked forward to a small rebound or a period of consolidation.

A rebound occurred between 24th – 28th August, accordingly to my Market Outlook for that week.

 

STI is currently trading sideways, undergoing a period of consolidation.

Going forward,

  • It will be great if STI continues a period of consolidation between Resistance 1 and Support 1. It is usually followed by a great movement in either direction (long or short). Traders Be Prepared.

For investors, the lackluster ping-pong situation in STI is a good period for picking up more undervalued defensive stocks.

 

For existing clients,

I am preparing an automated screener for REITs / Trusts.

Intermediate – Expert seminar for Creating Passive Income is progressing well.

Stay tuned.

 

 

 

STI Broke Consolidation

STI Broke Consolidation

Hi Folks,

2015Aug-STI-800x600

 

For those who have attended my seminar on 13th August, you can probably remember the following from our Live Analysis – where you guys can ask any counters or market sentiments.

I mentioned the following.

  • I was looking to long the index based on a strong bullish candle based on support on trend line. However, it didn’t occur.
  • Waiting for a period of consolidation as it is usually followed by a explosive movement in either direction, which will determine my trade.

Cheers to all who have attended and shorted the index.

The next seminar will be on 17th September at 7pm.

You can register at www.4keystrategiesforstockmarketsuccess.eventbrite.sg

 

 

 

Monthly Update – August

Monthly Update – August

Hi all,

I will be having an upcoming radio interview with 938FM on 21st August, at around 6.15pm,.

For those we are unable to tune in on that day, I will be uploading an audio recording of the interview. Cheers.

 

I have received requests from some folks wanting to attend my seminar. My apologies, August seminar is fully booked.

I will be arranging for another seminar in September.

 

Things to note:

– Priority is given to existing clients & their friends. Please register only when you’re able to confirm your attendance.

– Seats are limited to 15 pax per seminar to enhance learning experience.

 

My Views

STI Outlook

2015Aug-STI-800x600

 

Resistance 2: 3,250

Resistance 1: 3,201

Support Broken (31st July): 3,250

Support 1: 3,150

Support 2: 3,054

STI has broken the range, and has formed a downtrend.  Trade with caution.

There is a lot of uncertainties in the market.

My trading strategy is to look for a bullish signal to long the index, with the downtrend line as my resistance.

REITs

As mentioned in my previous update, stay tuned for the intermediate-expert seminar coming up.

It will be a step-by-step strategy for REITs and Trusts selection.

 

 

 

Monthly Update – July

Monthly Update – July

My Views

STI Outlook

2015Jul-STI-800x600

Resistance 2: 3,467

Resistance 1: 3,357

Support Broken (9th July): 3,267

Support 1: 3,201

Support 2: 3,150

From my recent update, in STI Gapped down,

“STI gapped down yesterday. The following week is critical. If the gap is covered, uptrend remains. If there is a breakaway gap confirmation, 3,378 region will be tested and trend reversal.”

Uptrend line at 3,378 region was broken and fell below 3,357 support.

STI is trading sideways in a range between 3,267 and 3,357.

It is key to note that STI did not break 3,267 support with confirmation.

Going forward,

STI will consolidate sideways in a range. If STI breaks through 3,267, it forms a downtrend.

3,357 has formed a strong resistance.

REITs

I am currently improving my excel spreadsheet to include the key factors I use to filter REITs / Trusts.

A seminar (Intermediate – Expert Level) will be conducted.

As for Global Outlook, you will receive daily updates apart from the current Morning Notes.