Market Outlook by ART Team

Hi Friends,

 

Breaking News:  US housing starts fell in February, but permits for future construction jumped to their highest level since October 2008, according to a government report on Tuesday that showed steady improvement in the housing market.

 

STI up 12points today at 3002, volume was 1.08billion shares worth 994.80million. Gainers led losers 208 to 146. Volume remain low compare to past few weeks. At the point of writing this email, Marketwatch’s headline news is “DOW takes triple digit dip”,  down more than 100 points. With this kind of dip, we probably see a bad day in our market tomorrow, so what we do now is to identify which stock is the underperforming.

 

As there is still not signal for shorting yet, these stocks is just to rise your awareness. If you want to learn about CFD please come to our Seminar this Thursday and Friday, details below.

 

Weak Trend Stock: Wilmar, Olam, Biosensor (see attached charts)

 

Trading strategy wise now, STI will continue to trade between 2906 to 3036 area, as we can see the buying opportunity is getting lesser and lesser from our ART Position trade system, the system is telling us to stay at sideline for now. Whether the market is going to continue to rise or to go lower, we urge all to timely review your portfolio. Now is a good time to do a review of your stocks, so that you can have more stake in the right stocks that is making money rather than holding the stocks that is losing money.

 

ART Team

This week seminar and topic will be Swing-trade strategy using CFD:

Date: 22 Mar (Thursday, English) or 23 Mar (Friday, Chinese)

Time: 7pm - 9.30pm

Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541),

   Tanjong Pagar MRT Exit G, walk straight 80m, opp traffic light

Speaker: Andy Yew (Stock Trainer, Trader, A.R.T systems co-founder)

To register pls click here 
or SMS <Name><Email><HP><Date><Number of seats> to 93676623

我队将展开讲座会，主题是CFD短期策略:

日期：3月22日(星期四， 英文讲座) 或  3月23日(星期五，·华文讲座)
时间：晚上7点至9.30点半
地点：141 Cecil Street, Tung Ann Association Building #07-02 S(069541)
             丹戎巴葛地铁站G出口，· 直走80米，· 交通灯对面 
主讲人: Andy Yew (Stock Trainer, Trader, A.R.T systems co-founder)

To register pls click here 
or SMS <Name><Email><HP><Date><Number of seats> to 93676623