Tuesday, 28 May 2013

Did Fed really hurt the stock market? Not yet

Dear Friends,

On thursday, we did mention to take note of the next few days after Ben Bernanke speech. Asia on thursday is bloody with Nikkei dropping 1000 points and Singapore dropping 60 points. But we did mention to take note of 3 factors that might put a halt to DOW.

The 3 TA factors are:
1) A triple day drop in the index
2) 20day MA starts to dip
3) 2 weeks down

So far, there still is no triple day drop. Dow on Friday actually rises to stop the 2 days rot. So far so good. US index did not react that badly to Bernanke speech afterall.

This week, let us monitor closely again.I would still stick to the technical analysis 3 factors to tell me if trend has really changed. So far looking at fundamental reports give us no clue as poor economic data are considered good news by the market.


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。 ...