Market : STI

STI break 2700 point on 14Oct09, which a rally from 05Oct09 at the point of 2583points. (129 points increase)


1 month chart

Another 45degree chart

Market : HKSE

Does it look familiar to you? the upside and the retrace follow exactly DJI(see my previous post) in the month of Oct09. So far  in just 3 wks HKSE had rally up from 20429 point to peak at 22589 points an increase of 2160 point an increase of 9.562%.

Wow!!

So as long as anything happen in USA market , HKSE will react as it is.

look at the 1 mth chart compare to the 1 year chart, You will also find that the HKSE rally in a 45 degree uptrend.

           Oct2009 month

1 year chart

What will be your strategy to deal with this?

Buy a put??

Market : DJI

Hi all,
My finding atthe middle of the earning report, As usual this period remain volatile but the issue i have is it is more difficult to be predict or forecast.

DJI
So far most of the companies reported no surprise but DJ reaction was positive which in line with the reports. as a result she break through 10000 point and reached 10015 points on 14Oc09. However, this was only maintained for 7 trading days, She retraced back without huge effort to 9882 point within 2 days. (Retrace is always faster then up trend). representing 1.3% or 133 points.

Unemployment in US remain growing but slower then before, consumer confidence level is not fully recovered so the risk will still remain high. In next month there will be a thanks giving holiday and then X'mas in Dec, I think this may help to hold the position for a while untill end of the year due to this season event.

Q12010 , will be a good discussion topic for all investor.


See attached chart for DJI

1 month chart.

1 year chart

It show a parabolic if you look at the uptrend from Mar09 till now.

News : U.S. consumer confidence at three-month low: report

Hi,

Follow this link you can get the summary

http://www.reuters.com/article/gc04/idUSTRE59Q4ZR20091027

NYSE : UNG

Hi,
Analysed one of the stock that i monitor so far , she retraced and touched 61.8% line.
She creating a chart that look like a double top.

She going opposite vs DJI, the reason as below link.
She may going down further...if she break the support line at 10.73USD and later 10.59USD.


http://www.businessinsider.com/shale-is-really-screwing-natural-gas-investors-2009-10

News : III

Another interesting link to share with you all , it talk about the salary of those top execuitives working in the banks.

mailto:http://www.bloomberg.com/apps/news?pid=20601103&sid=aVlwYvRVsnL4

News : II

Hi,
You may like to know which company will report their earning this week.

Click below link and find out.

http://247wallst.com/2009/10/25/4-more-djia-stocks-to-report-earnings-vz-xom-pg-cvx/


Enjoy

News

Hi all,
IF you do not know what to look at this week for the companies that will report their earning. Click on below link and this will give you a better understanding of how analyst look at the companies performance and earning.

http://finance.yahoo.com/news/Earnings-reports-to-give-apf-1556565491.html?x=0&sec=topStories&pos=7&asset=&ccode=.


Enjoy

News : from CNA

Japan's trade surplus hits 18-month high

Remember to finished the last paragraph.


http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/1012977/1/.html#

HKSE : Hutchinson

Going to breakout to bit the bear in coming days or wk.
As you can see she form a tripple top and double bottom. The bear is stay still at the resistance line only.

HKSE : China Cosco

FYI.....

SGX : Jaya Holdings

Difficult to judge at this moment of the her style and predict how she want to be.

As long as she does not break be 0.43SGD tomorrow, i think she will perform better.

What is your comment?

SGX : China Hongx

Seem like she reached the end of the breakout pattern but at the end the cndle formed a shooting star, i hope am wrong and result in a pattern failure.

However, strong support lines at 0.2 , 0.19 and 0.18 SGD.

SGX : Raffles Edu

Hi all,
A small breakout of the pattern which identified today, A doji appeared.
this is what i have learned today in the class.

HKSE:Hutchinson

She look like creating a tripple top and move side line, However a candle pattern show the shooting star yesterday.  She retrace 1.62% from 59.2 to 57.6HKD.

The next support line will be 55HKD and 53HKD.

HKSE : China cosco

Hi all,
I saw a shooting star or inverted hammer appeared on 20th Oct. following yesterday and today this counter started to retrace...

I would suggest we need to monitor.

SGX : China Hongx

A lot of strong support lines.

SGX : Raffles edu and Singtel

What is your opinion on these counters? Pls advice

 Base on the chart below is shown Ref is trying to test the resistance but Singtel is in vice versa position.

NYSE : Citigroup and FNM

A hot topic to look at, After a free fall on tuesday. FNM drop further and closed at 1.12usd and form a hammer candle. Is suppose to be reverse today when a hammer patent formed but i think due to the pressure from Asia (Average all drop) and Europe started at weak position, FNM may have a tough time infront of her.

A strong support at 1.009usd as of it 38.2% retrace line and 0.867usd which is the 200days MA.

what is your view?

Citygroup

A side wave pattern but it retraced to test the support line at 4.43usd yesterday. Will be interesting how will it deploy today.

HKSE Index

Base on the chart, she look strong and tough. She gowth retrace and score the high again.
So if she retarce what will be the level ? I assume it will be around 21377 point because it never retrace back to the lowest base on the observation.

By the way, HKSE already go up 1770 points in from early oct untill now. so when will she retrace and take a break?

Pls advice your view.

HKSE : China Cosco

Hi all,
My favourite counter, it goes up strong today but still within the channel.

May need to be patient to wait for the retracement.

HKSE : Hutchison

Hi all,

She look like going sidewave or perhaps may go weak, however, today she performed well and break the resistance line at 56.3HKD yesterday and try a higher target.

STI index

s always interesting to see what is the movement of the index.

Sti is going to be flat according to the chart and assump bad news announce and what will be the retracement look like. As we always ask ourself, what will be the worst case?

Have a look on the chart , this may give you some idea (I hope)

the support lines of the retracement, I saw that in FNM and so on.

Nasdaq : Dryship

If she did not break 7.6usd then mostly likely she will go side wave after a down trend but seem like Drys getting all good news.
Base on this the price goes up. If she manage to settle all her debt then she will have better performance in the market.

NYSE : Citigroup

Citigroup looks like still growth steadily by a single small step.

If you look at the chart for 10 mths time frame it show that she is picking up but if you change the view of 2.5years then she is in the side wave. However, it is still not bad isn't it ?

What is your opinion?

NYSE : FNM (Fannie Mae)

Hi all,
I was attracted by the free fall of FNM yesterday night and made me so emotion and placed a few order when i saw it retrace to the level of 50% after i saw the announcement made in US to downgrade this counter. It just did not stop and keep falling yesterday night untill 1.112usd and closed at 1.14usd.
Unfortunately, i take it when it hit 50% level.

Look at the chart, is huge free fall...in a single trading day.

Quite paint...

SGX : Allgreen vs Capitaland

Hi all,
Interesting comparison, what is your view on this? A land bank is showing a down trend vs a developer that having an uptrend in the chart, perhaps this may due to the different of the business model, local or region coverage? By the way, one company is in the upsteam and another is at the downstream of the business chain.

Do you recognised that when you bought yourself news paper it is getting thicker ? you may realised there is one stact of the advsertisment just on selling properties?

Does it meand supply is bigger then demand?

HKSE : China Cosco

Hi all,
Same as what i posted last time, China cosco is in side wave tunnel but the side wave is so volatily as such it may provide profit.

I really like this one cause so far it follow the support line that shown below. Started to get the feel of it.

Nasdaq : Dryship

She seem like in the way to climb up, will she touch 6.50usd line in coming week?
Both 6.50 and 6 usd support lines are strong fans for Dryship.

NYSE : Citigroup

Hi all,
Tried to make the graft bigger so will be much easier to look at it, last friday US market was slow down both DJI and S&P 500 retrace back to a certain level (pls chk Yahoo or google finance or other web side, up to you).

Citigroup retraced after their earning announcement, My finding is, she change from an uptrend to become side wave. You can see that she already dropped off from the uptrend.

You may able to find the support line that indicated below and seem like the support line is getting more reliable.

NYSE : Citigroup

Hello all,

Citigroup look good to me but she is going back to test the support line at 4.57USD? or will it go side wave.? The reason is becuase after theri earning announcement it does not move too much..

SGX : Raffles Edu

Bu..bu, Will see what Raf. edu going to announce this coming Thursday on their earning.

By the way, the chart tell us she is in the downtrend. In last 2 days she is trying to test the resistance line but not successful so far.

Like what i posted before during Jul till early Oct, she form a cup and handler but she did not give up and bounced back to test 0.5~0.505 which is the 20 days MA.

Keep it on..

SGX : Allgreen

I'm monitoring this counter + others such as Capitaland,City Dev, Kepland,

This is interesting for me to see what will happen after the gov announcement 2 wks ago whether it does slow down the property market and impact the stock prices at the end.

Like what we learn in the marketing study, PEST factor is important criteria and a guidance for us to judge whether or not we should invest. 
Remember "P" mean Politic and it is in the first place of Pest.

Allgreen does retarced and rebounced back to test the resistance line but it still in the channel that may not favor to those who holding it. For those who not may be is good to have look.

The 61.8% line is at 0.952 SGD , will it touch the line?? Before it will reach  0.952SGD it have 2 support lines they are at 1.18 and 1.12SGD.

Is there a 3rd support line?  Yes, it does. it is at 1.0SGD.

HKSE : China Cosco

I like this counter becuase it goes side wave, it is so predictable and the stock is so discipline. When it touch the resistance line it will retrace and vice versa.

:)   I like simple stuff like this one

HKSE : Hutchison

Hi all,
While the HKSE index still going up but one of the counter is showing an opposite direction in the chart.
Will be interesting to chk out their foundamental data. Chart just give you a feeling of where it goes but the truth is in the annual report.

HKSE vs STI vs DJI index

Hello all,
a comparison of all above 3 index

The similar of these 3 charts are all started to climb in Mar09 untill now Oct 2009, 7 months rally.

I believe everyone is ecpect it to be retrace but what will be the support line for these markets if it does retrace?

Well, What i can do is to use Fibonacci to forecast the retrace line back to 61.8 %. You can find the 61.8% line in each chart.

NYSE: Citigroup and Dryship at Nasdaq

At this moment the more reliable is the news of the company performance report.

Chart may just give a hint.....that it may go.

Market

Hi all,
Market is so volatile from now on, Just want to share with you that HKSE today shoot up need 320points but at the end it closed a t + 168points which is half of the gain in the morning. Suppose many people take profit today??

Same as STI it drop -12 point at last 15 minutes.

What does this mean? Europe started low today...Will DJ and S&P go low as well?

Holiday on 19 Oct09

Hello all,
I wish you all enjoy the coming long weekend due to replacement of Deepavali Holiday. I also would like to wish all my indian friend a Happy Deepavali.

Good luck

Nasdaq : Dryship

Seem like she is testing the 7.05USD  resistance line, will the history repeat? To reach 8 usd?

Will see...ha

NYSE: CItigroup

Hi,
Another update on Citigroup. After a good news from Alcoa the market boosted but seem like not very much convince due to one company cannot judge the mkt in US is recovered and Alcoa also committed the China is the happening place now so does it mean more jods lose in US and increase or stable in China?

Japan come out with a report today the the industrieal use machinery sales does not willing to expend their production yet.(Pls chk out yahoo finance)


Citigroup may keep the side wave for a while. As predicted in last week the resistance remain heavy to Citygroup to break unless they buy back the shares.

SGX :Allgreen

After a rebounce Allgreen overall still showing it still keeping herself in the side wave...

Resistance will be at 1.18Sgd, now the quote is 1.12Sgd

I missed it when it is at 1.06Sgd....Will wait again.....for the retracement

SGX: CityDev

The larges property company in Singapore is experincing a down trend of the chart.

It is now testing the 20 and 50 days MA in daily chart and in wkly chart it testing the 20days MA, Well still strong but will see...If you wanna be safe perhaps will be good to keep the money to yourself.

SGX : Kepland

Another counter shown side wave

SGX : Capitaland

Hello all,

Capitaland
Recently claim that they will try to move CaptalMall to be CapitalMall Asia and thus go for IPO, with this Capitalnd will gain pretty much money.

If this help will be good becuase the chart shown a double Top pattern.

Current resistance is 3.9Sgd, Very much side wave and will only be break by end Nov 09 or earlier?

HKSE : China Cosco

Hi all,
For above counter, I brought at 9.30HKD/30Sept and sold on wednesday 07Oct09 at 10.16HKD. Within a week i made a profit of  9.2%. The reasons i sold it becuase of 2 things

1.Europe market down on wedneday afternoon.
2.On 07Oct09 HKSE already rebounced of 880 points

This counter go up further because the first news offered by Alcoa give it a push to Asia market and HKSE go up again >200 points on 08Oct.....

However, It stop at the natural resistance line now.

 

SGX index

Samething  i did for SGX. However, the finding are interesting

In a daily chart SGX shown it is still keep in the uptrend but in a weekly base Chart it telling us the SGX already out from the uptrend.