Thursday, 3 May 2012

Do we SELL in MAY and go away? Not really, judging from the opening these couple of days

Dear Friends,

We have always say that to know the direction of the month, we need to study the first week. Last week we mentioned that we are concerned of the Jobs report this month. Today ADP employment report came out. It is below expectation as predicted. That is the reason that Dow Jones is in the red by 21 points now. Not much, but still in red.

The big moment comes Friday, when the mother of all Reports, the Non farm payroll comes out. We do not expect a good number btw.

However, I must say, so far, May has been having a good opening. Yesterday Dow was up 60 points yesterday because of surprising good ISM report. In fact actual results beat expectations 54.8% to forecast of 53.3%, which is a very good figure.

Report of the ISM figure:
http://www.marketwatch.com/story/us-manufacturing-growth-picks-up-in-april-2012-05-01

Will May be a SELL AWAY May????

I must say, after yesterday ISM, which blows away the estimate, I think this sell in MAY thing seems more like a story of the past. I wouldn't expect a selloff this month! At most, the trend is sideway. It won't fall a lot, not 500 points down for Dow Jones. Whether it be up depends on this Friday Jobs number. Keep a lookout on our coverage after the number.

If Jobs number is not that bad, maybe there is a chance that Dow will end in the green this month. Bcos, don't forget, we will be having the FACEBOOK IPO this month. Tech will be running before that IPO.

Sell in May and Go away? I must say, May is a month where you sell your stocks that have not run much, but buy those strong stocks that have strong earnings.

An example in US stocks that beats earnings and show strength will be Under Armour (UA) and American Express (AXP). These are the stocks that you can constantly play this quarter. I would be covering some Strong US stock tips soon in my next article. Keep a lookout!

Rgds
Daniel

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

Btw, we are giving a FREE Seminar to teach you how to predict the market direction every month by looking at US economical reports. Join us to learn the Secrets to US Stock Market!


<<Secrets to US Stock Market & How it affects Singapore Market>>
《美国股市的秘密 及 他如何影响新加坡股市》 

on  8 May (Tue) English Session  OR  9 May (Wed) Chinese Session.
Do recommend your friends to this workshop!

You shall learn
1) Basics of US Market
2) Learn How Warren Buffett 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: 8 May (Tue) English Session    OR
Date:  9 May (Wed) Chinese Session (华文)

Time: 7pm -10pm
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


Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...