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?

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

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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》 

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
            #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 
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Singapore Market for this week 新加坡股市

Dear Friends,

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。走势所形成的略带上下影线的黑色烛台图，显示出了投资者由于对欧洲问题的恐慌而陆续纷纷的抛售股票。

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，欧洲市场会继续成为市场走势的定位。而由于美国市场只掉了5％，所以专家纷纷预言未来股市的进一步下跌。但是我们依旧保持我们之前的看法，在大盘调整的时候是一个入场的机会！

海峡指数在上周打破了关键支撑点2906点。而这也结束了从2011点2月至今的盘整模式。因为抛售压力大增导致了本周交易量的上升。而2906点也由支撑点变成大盘的关键阻力点。海指只有在回到这个关键点位以上，市场才能确定继续上扬的定位。

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1.1亿美元。

云顶新加坡第一季度净利润下降31％至2.115亿新元。而去年为3.054亿，主要是由于较低的征收和其保费赌徒业务量。

城市发展有限公司第一季度净利润下降44.5％至1.568亿新元，因为一次性出售资产的收益情况，去年同期为2.823亿新元。

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压。一季度净利润同比下降34％至2.559亿美元。而去年为3.867亿美元。

新加坡电信有限公司和去年的9.917亿新元相比，第四季度净利润为12.9亿，上涨30％。由于一些区域移动联营公司的贡献上升以及其澳洲货币兑换率上的盈利。

交易策略：从技术上说，海指掉破了关键支撑点2906点，并且结束了整合模式。这个一个看跌的信号。虽然我们仍然坚持的建议，大盘的调整就是买入的好机会，但我们并不建议现在马上买入，特别是那些业绩报告非常不好的公司，而是等待市场的调整信号。海峡指数的支撑点为2848，请密切注意海指在此支撑位的反弹信号。

ART Team

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) 

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!!

<<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  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
            #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

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...

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

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) 

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.

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

US stock Tips: Stocks that are likely to be on the Breakout!

Dear Friends,

Like what I mentioned, I am going bullish these few days, when people are uncertain. Everyday, I have been prowling out stocks that is great despite the bearishness in the market. Everyday, US market have opportunities to spot breakout stocks. These are some of them, either waiting to breakout or has broken...

Corelogic (CLGX):
Stock on the breakout with very unusual volume yesterday, could there be some accumulation? waiting to bounce off support soon.Good earnings.

Dillards (DDS): Stock on the breakout that sees accumulation in this stock by the big boys, waiting to bounce off support soon off $65, wait for a good candle.

BARD (BCR): Breakout occurred yesterday off $100, with strong candle and good volume, bullishness seems likely but dependent on market too. Psychological figure of $100, see how it goes...

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


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  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
            #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

US Stock Tip: Google march on with $5 increase while US index comeback after Europe close

Dear Friends,

Yesterday, Dow Jones suffered a weak opening with a 160 points decrease at one point in midday. This was due to the Greece problem. Greek parties struggle to form a government after election. Well, this has been a pattern these few days: sell until Europe closes. Once Europe close, US begins its climb.

Dow Jones ended by closing 76 points down. A good comeback.

Btw, Google continues its march by increasing when a lot of stocks are still in the red. Like what I mention, the temporary target would be $617. See if it breaks $620.