Dear Friends,
Interesting article by Dr Alexander Elder and his partner on election year run-up to elections. They think August might have a bottom based on historical chart. Let us see...
http://www.marketwatch.com/story/a-re-election-year-suggests-a-low-in-august-2012-05-14
Rgds
Daniel
Tuesday, 15 May 2012
Singapore Stock Tip: CWT and Genting contrasting fortunes after Earnings
1) CWT – Good earnings causes gap up on 8 May
– Consider Buying
CWT Ltd breaks above the short term down trendline (Black
line) after reporting a net profit of $26.4
million for January-March, up from S$8.4 million a year ago, driven by its new
commodities trading business. This is what we called, the type of stock to
watch this quarter as strong fundamental earnings will drive the stock price.
From the chart, we can
see that this stock is travelling in the long term up trend Channel, now it
just bounced off the support and break the Short term trend line. This
signifies the bullishness in this stock. The fundamental rule of technical
analysis teaches us to buy at support and sell at resistance. The support is at
$1.21 hence stop loss can be placed at $1.18, below the support. Target price
can be set at the resistance $1.38.
2) Genting SP – Poor earnings causes gap down
– Hold and see
Genting SP suffered a sharp dip after announcing their
Q1 result on Friday, the price fell to the low of $1.595 during the day and
came back to $1.625 at closing. Before the announcement, the technical view of
this stock is still good compared to most stocks in the market as the price of
Genting Sp was staying strong above the 200MA, furthermore, the 20MA and 40MA
is also sloping up.
From the chart, we can see that the price is
travelling in the upward sloping price channel (black line) which has been
supported for several times previously and it is also hanging on the
200ma(Red line). The long term trend is still strong but the mid-term trend is
weak. Will we see the short-term rebound soon? Although this might be a good
time to buy at support, but the risk of falling further is equally high. For
short term, the trend is down as we see a lower low and a lower high recently.
It is to better WAIT for the candle to
stand above the supporting trendline before we go long.
--------------------------------------------------
Btw this week, we are having a FREE Seminar for you on Singapore Stocks!
Foundations of Trading
投资的基础
投资的基础
1) How to make consistent and easy profits by trading Stocks using a unique technique that will help you to get 70% per year on average for the last 8 years
2) The 4 golden rules that most traders will never learn – violate any of the rules and risk losing thousands of dollars
3) How to trade Stocks with exact entry point and exit point
4) How to make money by trading Stocks (whether you are trading already or complete beginner starting from scratch)
Date: Thu, 17 May(Eng) & Fri, 18 May(Chinese)
Time: 7pm - 10pm
Speaker: Mr Andy Yew/ Mr KL Wong
Venue: 141 cecil street, Tung Ann Association Building
#07-02 S(069541),
Tanjong Pagar MRT exit G, walk straight 80m, opp traffic light
To register pls click here
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
or SMS <Name><Email><HP><Date><Number of seats> to 93676623
Monday, 14 May 2012
Will Facebook IPO save the market this May?
Dear Friends,
Ever since the start of the month, Dow Jones has been falling from its height of 13,214 points. It has been a 400 points drop to close at 12,820 points last Friday. The drop was sparked by the disastrous Non farm payroll.
If you notice the chart in April, it suffers a similar fate. April also drop from 13,200 points to 12,700 points in the first 2 weeks. However in April, it recovered.
I am now wondering if Dow Jones will have a similar pattern in May. Dow Jones may have reach a support at 12750 points where there is a double top tracking back to last year July. Dow Jones has been consolidating in a box these few months. Let us see if there is a turnaround in May starting from this week.
As Facebook IPO is scheduled on Friday (pending approval from exchange), this should be the main focus this week! And I suppose some days this week, we shall see a bit of enthusiasm from Wall Street.
I am preparing my ammunition if I see any strong rebound. Like in the past article, what do I meant by rebound?
Rgds
Daniel
-----------------------------------
Btw we will have a FREE SEMINAR for you!!
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
#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
Ever since the start of the month, Dow Jones has been falling from its height of 13,214 points. It has been a 400 points drop to close at 12,820 points last Friday. The drop was sparked by the disastrous Non farm payroll.
If you notice the chart in April, it suffers a similar fate. April also drop from 13,200 points to 12,700 points in the first 2 weeks. However in April, it recovered.
I am now wondering if Dow Jones will have a similar pattern in May. Dow Jones may have reach a support at 12750 points where there is a double top tracking back to last year July. Dow Jones has been consolidating in a box these few months. Let us see if there is a turnaround in May starting from this week.
As Facebook IPO is scheduled on Friday (pending approval from exchange), this should be the main focus this week! And I suppose some days this week, we shall see a bit of enthusiasm from Wall Street.
I am preparing my ammunition if I see any strong rebound. Like in the past article, what do I meant by rebound?
A more than 100point, triple digit rise in Dow Jones is the Spark that is needed. I am looking for it last week, but Dow Jones did not have a 100 points increase. Let us see how this week goes.
Rgds
Daniel
-----------------------------------
Btw we will have a FREE SEMINAR for you!!
<<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》
《美国股市的秘密 及 他如何影响新加坡股市》
on 15 May (Tue) English Session OR 16 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: 15 May (Tue) English Session OR
Date: 16 May (Wed) Chinese Session （华文）
Time: 7pm -10pm
Venue: 141 cecil street, Tung Ann Association Building Time: 7pm -10pm
#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
Singapore Market for this week 新加坡股市
Dear Friends,
ART Team
STI weekly Summary:
In
last week, STI fell 108 points from the opening of 2991 and close
higher at 2883. A black candle sticks with little upper/lower shadow
affirms that investors
have no qualms in selling the stocks lower.
Week Ahead: In
the coming week, Investors
will be watching for U.S. economic data, minutes from the FOMC and the
continuing situation in Europe. However, Europe may continue to drive
the action as markets navigate the politics of Greece and Italian and
French debt auctions. Many strategists see a
further decline ahead for the stock market and expect choppiness to
continue as the US market is only 5% down. but we maintain our previous
view that we see the recent correction as a good opportunity to enter
the market.
STI index
broke the critical support at
2906 in the past week to end the consolidation mode since Feb 2011 and
this is a bearish mode. The weekly trading volume increases as the
selling pressure soars on fears.
The
supported turn resistance at 2906 will be a critical level for the
bulls to clear as the breached of this level affirms to the recovery of
the market.
Trading
strategy wise now, STI has broken the critical support at 2906 and end
the consolidation mode. This is bearish signal. Although we see
recent correction as a buying opportunity, but we do not advise anyone to buy on pullback now
especially for those stocks with negative earnings result, and watch for sign of consolidation first.
STI’s next support is 2848, take note of this figure as we may see a technical rebound at this level ahead.
Below are some main Companies
Earnings for last week:
Noble Group Ltd. 1Q net profit
fell 46% to US$110 million compared with US$203 million a year ago.
Genting Singapore PLC 1Q net profit
fell 31% to S$211.5 million compared with S$305.4 million a year
earlier due mainly to lower takings and volumes in its premium-gambler
business.
City Developments Ltd. 1Q net profit
fell 44.5% to S$156.8 million compared with S$282.3 million a
year earlier due mainly to the absence of one-time gains on asset sales
made a year earlier.
Wilmar International Ltd. 1Q net profit
fell 34% to US$255.9 million compared with US$386.7 million a
year earlier as margins in the commodity supplier’s oilseeds and grains
business were squeezed.
Singapore Telecommunications Ltd. 4Q net
profit rise 30% to S$1.29 billion compared with S$991.7 million a
year earlier as contributions from some of its regional mobile
associates rose and it logged currency-translation gains from the
strength of the Australian dollar.
亲爱的朋友，
海指一周摘要:
上周海指从开盘2991点，到收盘2883点，一共下跌108点
下周重要报告:
下周因为希腊，意大利和法国的债务拍卖的政治行动，
海峡指数在上周打破了关键支撑点2906点。而这也结束了从20
本周主要业绩报告公司：
来宝集团第一季度净利润和去年2.03亿美元相比，下降46％至
云顶新加坡第一季度净利润下降31％至2.115亿新元。
城市发展有限公司第一季度净利润下降44.5％至1.568亿新
丰益国际有限公司因为在商品供应商的油籽和谷物业务的利润率被挤
新加坡电信有限公司和去年的9.917亿新元相比，
交易策略：从技术上说，海指掉破了关键支撑点2906点，
ART Team
Friday, 11 May 2012
Market Sentiment Indicator for 11 May
1) New York Stock Exchange Sentiment indicator: 60.80% (Bearish signal: Bear Alert 10 Apr)
(NYSE Exchange Stocks has turned bearish)
2) Nasdaq Sentiment indicator: 55.09% (Bearish signal: Bear Alert 8 May)
(Nasdaq Exchange Stocks has turned bearish)
3) S&P 500 Sentiment indicator: 62.80% (Bearish signal: Bear Alert 10 Apr)
(S&P500 Stocks has turned bearish)
4) Energy Sentiment indicator: 27.90% (Bearish signal: Bear Alert on 7 Mar)
(Energy Sector has been falling for 2 months ever since we give a bear alert early march. We are now watching for a change in sentiment soon. We predict it should change in 3 week's time! Keep a lookout if our indicator change direction!)
5) Financial Sentiment indicator: 82.71% (Bullish signal: Bull confirmed 5 Dec)
6) Technology Sentiment indicator: 55.13% (Bearish signal: Bear Alert confirmed 20 Apr)
(S&P500 Technological stocks has turned bearish)
(NYSE Exchange Stocks has turned bearish)
2) Nasdaq Sentiment indicator: 55.09% (Bearish signal: Bear Alert 8 May)
(Nasdaq Exchange Stocks has turned bearish)
3) S&P 500 Sentiment indicator: 62.80% (Bearish signal: Bear Alert 10 Apr)
(S&P500 Stocks has turned bearish)
4) Energy Sentiment indicator: 27.90% (Bearish signal: Bear Alert on 7 Mar)
(Energy Sector has been falling for 2 months ever since we give a bear alert early march. We are now watching for a change in sentiment soon. We predict it should change in 3 week's time! Keep a lookout if our indicator change direction!)
5) Financial Sentiment indicator: 82.71% (Bullish signal: Bull confirmed 5 Dec)
6) Technology Sentiment indicator: 55.13% (Bearish signal: Bear Alert confirmed 20 Apr)
(S&P500 Technological stocks has turned bearish)
A reading above
70 means Overbought condition. Pls note that entering position above 70
indicates Market Risk is high. You may want to play short term or
lower your position size. If Bullish sign turns Bearish when reading
is above 70 means you should liquidate positions.
Pls note that this is not a RSI reading. Eg. New York Stock Exchange Sentiment indicator measures how many stocks are bullish now for all stocks listed in NYSE.
It is a play of Defensive Utilities Sector these few days
Dear Friends,
Sector rotation is a way to make $ in the market these few weeks. A weapon needed for traders. Guess which sector is on the run?
Utilities! (In Singapore, there are Starhub, and Singtel, telecommunications sector!)
Sector ETF: XLU
Some Electric Utilities companies:
Companies like Southern Energy (SO) and Duke Energy (DUK) are always useful bets when market is uncertain!
-------------------------------------------------------
FREE SEMINAR!!
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
#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
Sector rotation is a way to make $ in the market these few weeks. A weapon needed for traders. Guess which sector is on the run?
Utilities! (In Singapore, there are Starhub, and Singtel, telecommunications sector!)
Sector ETF: XLU
Some Electric Utilities companies:
:Companies like Southern Energy (SO) and Duke Energy (DUK) are always useful bets when market is uncertain!
-------------------------------------------------------
FREE SEMINAR!!
<<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》
《美国股市的秘密 及 他如何影响新加坡股市》
on 15 May (Tue) English Session OR 16 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: 15 May (Tue) English Session OR
Date: 16 May (Wed) Chinese Session （华文）
Time: 7pm -10pm
Venue: 141 cecil street, Tung Ann Association Building Time: 7pm -10pm
#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
Thursday, 10 May 2012
Natural Gas trend has changed? 2 weeks up when market is down
Dear Friends,
Natural Gas has been falling from $6 to recent low of $1.9. There has been a big rebound these 2 weeks when market and Oil Crude price is down. It does seem like confidence is back a bit. Has the long term trend changed?
In fact, all related natural gas companies are up... like COG, let us see if trend continues...
Natural Gas has been falling from $6 to recent low of $1.9. There has been a big rebound these 2 weeks when market and Oil Crude price is down. It does seem like confidence is back a bit. Has the long term trend changed?
In fact, all related natural gas companies are up... like COG, let us see if trend continues...
Genting Singapore posts 33 pct fall in Q1 profit: Likely Gap down 2moro
SINGAPORE, May 10 (Reuters) - Genting Singapore PLC , which owns one of Singapore's two multibillion-dollar casino complexes, posted a 33 percent fall in first quarter net profit on Thursday, due to low earning gaming revenues.
The Singapore unit of Malaysia's Genting Bhd earned S$205.5 million ($163.9 million) i n the January-March period, down from S$ 305.4 million a year earlier.
Higher depreciation with the opening of new attractions in Genting's theme park in Singapore, as well as new hotels and a museum, also hit its earnings.
Its Singapore casino, Resorts World at Sentosa, made S$376.4 million ($300.24 million) in adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) last quarter, down from S$528.4 million a year earlier. Genting's EBITDA was lower than the $472.5 million reported by Singapore rival Marina Bay Sands, owned by U.S. casino giant Las Vegas Sands.
Resorts World's net revenue for the first quarter was S$787 million ($627.8 million), 14 per cent below a year earlier, due to the casino's lower win percentages and business volumes in the premium player business, Genting said.
Marina Bay Sands and Resorts World are the world's second and third most expensive casino complexes after MGM's CityCenter in Las Vegas, and their profits and profit margins are among the highest globally.
Q1 results for Singapore's two casino-resorts in U.S.
dollars:
Resorts World Sentosa vs Marina Bay Sands
Market share 42.5 pct / 57.5 pct
Net revenue $627.8 mln / $848.7 mln
EBITDA $300.24 mln / $472.5 mln
EBITDA margin 47.8 pct / 55.7 pct
The Singapore unit of Malaysia's Genting Bhd earned S$205.5 million ($163.9 million) i n the January-March period, down from S$ 305.4 million a year earlier.
Higher depreciation with the opening of new attractions in Genting's theme park in Singapore, as well as new hotels and a museum, also hit its earnings.
Its Singapore casino, Resorts World at Sentosa, made S$376.4 million ($300.24 million) in adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) last quarter, down from S$528.4 million a year earlier. Genting's EBITDA was lower than the $472.5 million reported by Singapore rival Marina Bay Sands, owned by U.S. casino giant Las Vegas Sands.
Resorts World's net revenue for the first quarter was S$787 million ($627.8 million), 14 per cent below a year earlier, due to the casino's lower win percentages and business volumes in the premium player business, Genting said.
Marina Bay Sands and Resorts World are the world's second and third most expensive casino complexes after MGM's CityCenter in Las Vegas, and their profits and profit margins are among the highest globally.
Q1 results for Singapore's two casino-resorts in U.S.
dollars:
Resorts World Sentosa vs Marina Bay Sands
Market share 42.5 pct / 57.5 pct
Net revenue $627.8 mln / $848.7 mln
EBITDA $300.24 mln / $472.5 mln
EBITDA margin 47.8 pct / 55.7 pct
Market Sentiment Indicator for 10 May
1) New York Stock Exchange Sentiment indicator: 61.00% (Bearish signal: Bear Alert 10 Apr)
(NYSE Exchange Stocks has turned bearish)
2) Nasdaq Sentiment indicator: 55.30% (Bearish signal: Bear Alert 8 May)
(Nasdaq Exchange Stocks has turned bearish)
3) S&P 500 Sentiment indicator: 63.40% (Bearish signal: Bear Alert 10 Apr)
(S&P500 Stocks has turned bearish)
4) Energy Sentiment indicator: 27.90% (Bearish signal: Bear Alert on 7 Mar)
(Energy Sector has been falling for 2 months ever since we give a bear alert early march. We are now watching for a change in sentiment soon. We predict it should change in 3 week's time! Keep a lookout if our indicator change direction!)
5) Financial Sentiment indicator: 82.71% (Bullish signal: Bull confirmed 5 Dec)
6) Technology Sentiment indicator: 57.69% (Bearish signal: Bear Alert confirmed 20 Apr)
(S&P500 Technological stocks has turned bearish)
(NYSE Exchange Stocks has turned bearish)
2) Nasdaq Sentiment indicator: 55.30% (Bearish signal: Bear Alert 8 May)
(Nasdaq Exchange Stocks has turned bearish)
3) S&P 500 Sentiment indicator: 63.40% (Bearish signal: Bear Alert 10 Apr)
(S&P500 Stocks has turned bearish)
4) Energy Sentiment indicator: 27.90% (Bearish signal: Bear Alert on 7 Mar)
(Energy Sector has been falling for 2 months ever since we give a bear alert early march. We are now watching for a change in sentiment soon. We predict it should change in 3 week's time! Keep a lookout if our indicator change direction!)
5) Financial Sentiment indicator: 82.71% (Bullish signal: Bull confirmed 5 Dec)
6) Technology Sentiment indicator: 57.69% (Bearish signal: Bear Alert confirmed 20 Apr)
(S&P500 Technological stocks has turned bearish)
A reading above
70 means Overbought condition. Pls note that entering position above 70
indicates Market Risk is high. You may want to play short term or
lower your position size. If Bullish sign turns Bearish when reading
is above 70 means you should liquidate positions.
Pls note that this is not a RSI reading. Eg. New York Stock Exchange Sentiment indicator measures how many stocks are bullish now for all stocks listed in NYSE.
DOW up after Europe close
Dear Friends,
It has been a funny pattern the last 3 days in US market. US follows Europe down until Europe closes at 12 midnight singapore time. After that, US market seems to stage a revival. Today is no different. At one point, Dow Jones is down 180 points. Now it is down 30 points at 2am in the morning Singapore time.
Today again, Europe caused the market to panic a while with Greek election problem and Spain yield problem. It seems like US market can't wait to bounce up after Europe closes.
Having dropped consecutively for 6 straight days, I am looking at US market to stage a rebound soon.
It has been a funny pattern the last 3 days in US market. US follows Europe down until Europe closes at 12 midnight singapore time. After that, US market seems to stage a revival. Today is no different. At one point, Dow Jones is down 180 points. Now it is down 30 points at 2am in the morning Singapore time.
Today again, Europe caused the market to panic a while with Greek election problem and Spain yield problem. It seems like US market can't wait to bounce up after Europe closes.
Having dropped consecutively for 6 straight days, I am looking at US market to stage a rebound soon.
Wednesday, 9 May 2012
10 Stocks to Buy related to Facebook
Dear Friends,
As we cannot play Facebook company, guys, you may want to take a look at some companies related to it.
See this article:
http://www.thestreet.com/story/11520475/1/10-stocks-to-like-when-facebook-goes-public.html
Rgds
Daniel
As we cannot play Facebook company, guys, you may want to take a look at some companies related to it.
See this article:
http://www.thestreet.com/story/11520475/1/10-stocks-to-like-when-facebook-goes-public.html
Rgds
Daniel
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Apple 5G phone will be a revolution! How do you take advantage of this hype?
Dear Friends, It is a well known fact that US is trying to catch up with the 5G technology of China. That is the reason why US has viewed ...
