Thursday, 5 April 2012

I think the Market Got it Wrong in today Selloff

Dear Friends,

Dow decreased by 150 points now. The market chose to focus on Fed statement that we would not print money now, no QE3 in the near term. This decision will never determine the direction of the market. It is the economical reports and the earnings that determine the direction of the market. The thing is if FED choose not to print money is an indication of Strong Economical Fundamentals, not Weakness.

Today and yesterday I feel, the market got it wrong in going down. Perhaps it went down because last week people thought Ben Bernanke gives hints to print money. Market might be dissapointed this isn't the case now.

Upon checking the ADP employment report, it is slightly, only slightly more than forecast today, 209K compared to expectations of 205K. Though not by a bigger margin to push the market forward, but still quite in line or better than expectation.

Hence I do feel it might be a chance to catch some stocks that are among the selloff today. I would not want to sell off my stocks today amid the selloff. (Apple at $620 looks attractive after dropping $10 today.)

Let us wait a while for the Non farm payroll on Friday before making a decision. Non farm I feel, may not be that bad. But let us see the report before you decide to sell anything. And please bear in mind that next week is start of Earnings Season. Google giving earnings announcement on 12th April! If Non farm is not that bad this Friday, I feel market would not go down much this month.

--------------------------------------------------------------------------

Btw we will be giving a Free Seminar on
<<How to Profit 100% from the stock market in 5 days? >>


on  10 Apr (Tue) English Session  OR  11 Apr (Thu) Chinese Session.
Do recommend your friends to this workshop!

You shall learn
1) Basics of Options and why Hedge Fund managers like it so much
2) How Warren Buffett make use of Options to make 100million in Oct 2012
3) Outlook of Singapore and US market
4) How to Earn Rental Income every month from the Stock Market

Date: 10 Apr 2012, Tue     7pm - 10pm    (English)   OR
Date: 11 Apr 2012, Wed   7pm - 10pm    (Chinese)
Venue: 141 cecil street, Tung Ann Association Building
            #07-02 S(069541),
            Tanjong Pagar MRT exit G, walk straight 80m, opp traffic light


Speaker: Daniel Loh (Raffles Business International Director, Mr Hu Li Yang partner, US Stock & Options Trainer)

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

958访谈9月21日:展望2017年股市与经济:美国联储局都不看好美国经济?

·         美国联储局都不看好美国经济? 道琼斯昨晚闭市在 22412 点,涨了 41 点。 昨晚最大的新闻就是联储局的会议。联储局的主席耶伦讲了几样事情: 1)   第一: 联储局保持利率不变 , 但耶伦也表示今年还会加息一次。 这其实和原本的预测一样...