Tuesday, 9 April 2013

US Tech sector has turned bearish

Dear Friends,

US technological sector, one of the most important sectors in US has turned bearish last Friday 5th April on our market sentiment indicator. This serves as a cautionary signal for us who are still very bullish about the market.

We shall see whether the US tech stocks this quarter declare better than expected results. Yesterday Alcoa did quite well beating earnings estimates. Do take note that tech sector tends to slowdown in their earnings following the powerful 4th quarter results in January.

For me now, I would prefer to be on the sidelines waiting for the consolidation to arrive. May consider shorting the US tech sector ETF, or short some tech stocks.

Rgds
Daniel
www.danielloh.com

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...