Ok, as usual, nothing much from Uncle Sam.
All 3 major indiced edged up marginally higher
in a directionless trading waiting for further
corporate result unveiling next week.
Our market stage a surge after the lunch-break
yesterday and closed near high above 2300 again.
Yesterday, I only concentrated my ammo on
4 stocks that I mentioned yesterday, and the
profits were well above Ok. I am sure many readers
should have benefited from Ezra and Genting.
I will focus on these 4 today if they are green.
Today we may see weakness creeping into our
market as we are facing uncertainties, and yesterday's
surge may prompt profit-taking today ahead of the weekend
market break. My advice is watch the show, but look for green
shoots to trade light, else look for those stocks in the news
like Ezra.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading light today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ, Indo Agri,
Noble, NOL, Genting, Ascendas India Trust,Yanlord &
Uniasia, Raffles Edu, Swiber, Swissco.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, July 10, 2009
Thursday, July 9, 2009
Market View 9 July 2009
Ok, not much to tell from the Uncle Sam side,
the indices closed mixed with Dow and Nasdaq
up marginally while S&P 500 was down by 1 point.
But in an after-hour news, Alcoa, the largest US
aluminum producer reported a second-quarter loss
of $454 million, or 47 cents a share, compared with
earning of $546 million, or 66 cents a share, during the
same period last year.
The reporting by Alcoa usually marks the beginning of
corporate result reason in the US, and we should have
more result news from today. Like what I said before
days ago, I want to see surprises, more of the "worse-than-expected",
"better-than-expected", "negative", "positive", "worst",
"collapsed", "tumbled", "slided" being seen in the reporting.
On a local front, yesterday most stocks did closed above
the day low, with IndoAgri doing a superb U-turn after
hitting an intra-low of $1.01, and closed the day strongly,
though still in the red, at $1.10. I will be "tracking" closely at
this stock today. Ezra halted trading after 1/2 day, and announced
financial result yesterday night. It is not that impressive, but still
JPM raised its target price from $0.75 to $1 in a research report.
I will be watching this stock too, it is how the market will
react to the result that matters.
Many stocks, in fact for our local market, are still quite
weak, and the selling is far from over yet, except from a
few strong stocks. Genting staged a late recovery yesterday to
close green, the same too for Ascendas India Trust.
These stocks will be my main focus for today, while still having
an watchful for others that may spur back to life. I think
we may have watched too many a horror movie lately,
but there is no comedy yet. Just stay alert, and be aware
of any wind changing direction.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading light today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,
YZJ, Indo Agri, Noble, NOL, Genting, Ascendas India Trust,
Yanlord & Uniasia, Raffles Edu, Swiber, Swissco.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
P.S.: Many readers commented to me that they are
actually investors, and not traders going to short-term
gains from the volatility movement of Hot stocks.
They prefer to invest in stocks and see price appreciation
overtime. Therefore, I am thinking of starting an
Investment Club, which is still a blog, but I will not
be the main person contributing to the article, but
the members will do the job.
You can suggest a stocks, and asked for opinion, or you
have done your personal Fundamental Analysis (FA)
and would like to share with rest the P/E ratio,
Cash Flow Analysis, NAV, NTA...
I will setup a poll, and if you think it is a good suggestion,
give me your views. Thank you.
the indices closed mixed with Dow and Nasdaq
up marginally while S&P 500 was down by 1 point.
But in an after-hour news, Alcoa, the largest US
aluminum producer reported a second-quarter loss
of $454 million, or 47 cents a share, compared with
earning of $546 million, or 66 cents a share, during the
same period last year.
The reporting by Alcoa usually marks the beginning of
corporate result reason in the US, and we should have
more result news from today. Like what I said before
days ago, I want to see surprises, more of the "worse-than-expected",
"better-than-expected", "negative", "positive", "worst",
"collapsed", "tumbled", "slided" being seen in the reporting.
On a local front, yesterday most stocks did closed above
the day low, with IndoAgri doing a superb U-turn after
hitting an intra-low of $1.01, and closed the day strongly,
though still in the red, at $1.10. I will be "tracking" closely at
this stock today. Ezra halted trading after 1/2 day, and announced
financial result yesterday night. It is not that impressive, but still
JPM raised its target price from $0.75 to $1 in a research report.
I will be watching this stock too, it is how the market will
react to the result that matters.
Many stocks, in fact for our local market, are still quite
weak, and the selling is far from over yet, except from a
few strong stocks. Genting staged a late recovery yesterday to
close green, the same too for Ascendas India Trust.
These stocks will be my main focus for today, while still having
an watchful for others that may spur back to life. I think
we may have watched too many a horror movie lately,
but there is no comedy yet. Just stay alert, and be aware
of any wind changing direction.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading light today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,
YZJ, Indo Agri, Noble, NOL, Genting, Ascendas India Trust,
Yanlord & Uniasia, Raffles Edu, Swiber, Swissco.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
P.S.: Many readers commented to me that they are
actually investors, and not traders going to short-term
gains from the volatility movement of Hot stocks.
They prefer to invest in stocks and see price appreciation
overtime. Therefore, I am thinking of starting an
Investment Club, which is still a blog, but I will not
be the main person contributing to the article, but
the members will do the job.
You can suggest a stocks, and asked for opinion, or you
have done your personal Fundamental Analysis (FA)
and would like to share with rest the P/E ratio,
Cash Flow Analysis, NAV, NTA...
I will setup a poll, and if you think it is a good suggestion,
give me your views. Thank you.
Wednesday, July 8, 2009
Market View 8 July 2009
All 3 major US indices closed in the red, and that is
likely to have ripple effect to our market.
The obvious scenario is a weaker opening, and
some stocks may even gap-down. But like what I
have mentioned the last time, and I hope that you
have observed the same action, our Hot stocks are
still very much well-supported. Once the stocks
have fallen to an attractive price, support will come
in and snap up and support the stock. I believe it will
be the same case today, so I welcome any scale of selling
to push the stocks down, as they will then become
attractive to me. :-)
Yes, you will be watching a horror movie today, but
the ending is very much unpredictable. The most likely
ending will be stocks should close above the day-low,
and we may even see some green shoots.
I certainly hope that no readers here "show-hand" yesterday
as the ending turn out to be a disaster.
I will be staying out of the market until I see certain stocks
showing strong momentum in a pool of red, or I see stocks
reversing the trend, but it will still be light trading today.
One of my trading friend in Skype is off to a course today,
and that means that I have to fight the battle myself,
but it is still Ok.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading light today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,
Indo Agri, Noble, NOL, Genting, Ascendas India Trust,Yanlord &
Uniasia, Raffles Edu,Swiber, Swissco.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
likely to have ripple effect to our market.
The obvious scenario is a weaker opening, and
some stocks may even gap-down. But like what I
have mentioned the last time, and I hope that you
have observed the same action, our Hot stocks are
still very much well-supported. Once the stocks
have fallen to an attractive price, support will come
in and snap up and support the stock. I believe it will
be the same case today, so I welcome any scale of selling
to push the stocks down, as they will then become
attractive to me. :-)
Yes, you will be watching a horror movie today, but
the ending is very much unpredictable. The most likely
ending will be stocks should close above the day-low,
and we may even see some green shoots.
I certainly hope that no readers here "show-hand" yesterday
as the ending turn out to be a disaster.
I will be staying out of the market until I see certain stocks
showing strong momentum in a pool of red, or I see stocks
reversing the trend, but it will still be light trading today.
One of my trading friend in Skype is off to a course today,
and that means that I have to fight the battle myself,
but it is still Ok.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading light today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ,
Indo Agri, Noble, NOL, Genting, Ascendas India Trust,Yanlord &
Uniasia, Raffles Edu,Swiber, Swissco.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Tuesday, July 7, 2009
Market View 7 July 2009
Dow reversed early losses to close green, but
Nasdaq still closed marginally red, thus creating
a mixed but not-that-important signal.
Our market pre-dropped in yesterday's trading
in anticipation of big fall in the US market, but
it did not materialise.
But I believe many may still have enjoyed the
horror movie part 2 being shown yesterday, and maybe
a couple of readers may have benefited from the
green shoots, Olam and Yanlord. They are the 2
green winners yesterday. If you are asking for an
explanation to their gains, I don't really know,
but Olam was restarted as Buy, with a target price
of $3 from BOA-ML yesterday, and Yanlord is always
performing strongly in market weakness.
I don't always look for reason why the Hot stocks go up,
but I will follow the momentum and play up the stock,
the reason will come in due time, and you will be sitting
on profits by then. But as always, I will enter with
a strictly-followed cut-loss and trailing stop.
Most stocks will open stronger today, but it will not be
all green for the full day. I certainly don't expect stocks
to be closing at day-high. Today is definitely not the day
to play "show-hand", as market weakness may once again
surface, and the south wind blowing against you.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,
YZJ, Indo Agri, Noble, NOL, Genting, Ascendas India Trust,
Yanlord & Uniasia, Raffles Edu,Swiber, Swissco.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Nasdaq still closed marginally red, thus creating
a mixed but not-that-important signal.
Our market pre-dropped in yesterday's trading
in anticipation of big fall in the US market, but
it did not materialise.
But I believe many may still have enjoyed the
horror movie part 2 being shown yesterday, and maybe
a couple of readers may have benefited from the
green shoots, Olam and Yanlord. They are the 2
green winners yesterday. If you are asking for an
explanation to their gains, I don't really know,
but Olam was restarted as Buy, with a target price
of $3 from BOA-ML yesterday, and Yanlord is always
performing strongly in market weakness.
I don't always look for reason why the Hot stocks go up,
but I will follow the momentum and play up the stock,
the reason will come in due time, and you will be sitting
on profits by then. But as always, I will enter with
a strictly-followed cut-loss and trailing stop.
Most stocks will open stronger today, but it will not be
all green for the full day. I certainly don't expect stocks
to be closing at day-high. Today is definitely not the day
to play "show-hand", as market weakness may once again
surface, and the south wind blowing against you.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,
YZJ, Indo Agri, Noble, NOL, Genting, Ascendas India Trust,
Yanlord & Uniasia, Raffles Edu,Swiber, Swissco.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Monday, July 6, 2009
Market View 6 July 2009
US market was closed for holiday last friday,
and our market fall below 2300 to close at
2299, interesting figure, but it will soon be
forgotten.
We should be seeing US corporate result coming
out from this week or so, and I really hope to see
surprises, which will "trigger" our market.
Our market is trading in a tight range, and the
volatility has fallen, but still is "tradeable" but the
profits are not as attractive as before.
We need a catalyst to prospel a reaction, and we
may just get one soon...
How was the horror movie last Friday?
Some readers may comment that it is not the scary,
while some may have profited from the movie.
It's OK, as we may have a Part 2 today.
It is a boring horror show now.
A good time to take a break and prepare the ammo
for the next assault charge-up.
Same as last friday:
Today's trading is very easy. Stay on the sideline and watch
the horror movie unfold. Very relax? No, you also need to watch
for green shoots popping up, and these are the stocks in focus
should you really want to trade today.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ, Indo Agri,
Noble, NOL, Genting, Ascendas India Trust,Yanlord &
Uniasia, Raffles Edu,Swiber, Swissco.
Enter any position with a Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
P.S.: If you saw this blog entry late, I am sorry for it,
but Blogger seems to be having problem just now
when I tried many time to submit my entry.
Anyway, it is solved now, and I hope you will benefit
from today's posting.
and our market fall below 2300 to close at
2299, interesting figure, but it will soon be
forgotten.
We should be seeing US corporate result coming
out from this week or so, and I really hope to see
surprises, which will "trigger" our market.
Our market is trading in a tight range, and the
volatility has fallen, but still is "tradeable" but the
profits are not as attractive as before.
We need a catalyst to prospel a reaction, and we
may just get one soon...
How was the horror movie last Friday?
Some readers may comment that it is not the scary,
while some may have profited from the movie.
It's OK, as we may have a Part 2 today.
It is a boring horror show now.
A good time to take a break and prepare the ammo
for the next assault charge-up.
Same as last friday:
Today's trading is very easy. Stay on the sideline and watch
the horror movie unfold. Very relax? No, you also need to watch
for green shoots popping up, and these are the stocks in focus
should you really want to trade today.
Trade those still Hot (if available Green) stocks but be cautious
of south wind.
Follow the Flow, but expect the Unexpected.
I will be trading today on the still-hot stocks.
Concentrate on the GREEN (If Available, but prepared)Hot stocks:
Straits Asia, Midas, Olam, Ezra, Ezion, KS Tech,Cosco,YZJ, Indo Agri,
Noble, NOL, Genting, Ascendas India Trust,Yanlord &
Uniasia, Raffles Edu,Swiber, Swissco.
Enter any position with a Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me
about stocks and all others,you can ring me at
my email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
P.S.: If you saw this blog entry late, I am sorry for it,
but Blogger seems to be having problem just now
when I tried many time to submit my entry.
Anyway, it is solved now, and I hope you will benefit
from today's posting.
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