Uncle Sam continued to surge higher
with Walmart and financial stocks leading
the way high, although having a disappointing
weak retail sales and jobless claim figure
out yesterday night. The indices reversed
early losses to close near to day-high.
It is quite obvious that the stocks and market
is looking for directions, and we should have
a clearer picture in the coming trading sessions.
It is the last trading day of the week, and for many
readers, it should be a wonderfully great week,
with winning profits from many stocks that I
have specifically mentioned over the last few days.
I mentioned 5 stocks yesterday, IndoAgri, First Resources,
Genting, Swiber & YZJ, and they are good gainers
yesterday. So what to trade for today, the fantastic 5
again, but on a cautious note, as it is Friday today.
Yes, they have moved up a lot, and they might have
pushbacks, but as long as you have a trailing stop
in place, you can still laugh all the way to the bank.
Ok, you should know by now, that I like to trade
those stocks within the 80cts-$1 region, as there
is a high possibility that they will be push through
the barrier. Another good potential stock has pop-up
in the region yesterday, and it is former market darling
CSE Global, standing at 80cts now. BNP just raised its
target to 98cts, and it was also covered by Citi with
with 90cts target in July. I will be watching closely
it. A reader from Skype asked me how do I choose
the stocks in my list. The answer is multifaceted, but one
of the reason is they were once Hot market darlings,
and their fundamental did not alter during the selldown,
so their "true" value will be "revealed". Some of them
are the current market darlings, so how can I miss them?
And the main reason is, they are market winners,
they are volatile, highly speculative and unpredictable
"occaionally", and they are just the kind of stocks
for stock traders.
Trade those still Hot (Green) stocks but be cautious
of south wind. Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources,
Mermaid, Hi-P, PEC, CSE Global.
Yes, I have added one more stock into the list,
but you can choose not to add it if you want to miss out...
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, August 14, 2009
Thursday, August 13, 2009
Market View 13 August 2009
Uncle Sam rallied on Wednesday as Federal
Reserve believed that the recession
appears to be ending. The Fed lefts interest
rates unchanged and commented that "economic
conditions are likely to warrant exceptionally
low levels of the federal funds rate for an
extended period." The Fed are also hopeful of
the a more stabilising economy and said that
"economic activity is leveling out" The only
thing worth taking note however is that the indices
did not close at day-high, and shares lost steam in
the last half-hour of trading.
Back to our local shore...
Stocks and STI were down, and that is a
welcome scene, at least to me. Most Hot stocks
were down, except for a few. Yesterday, I specifically
mentioned IndoAgri and First Resources as a better
trading stocks than Golden Agri, and First Resources
is just a stone-throw away from the $1 mark.
Guess what? This 2 stocks rallied up, and you will
profited at least 5 cts if you traded the stocks.
First Resources is not above $1, and IndoAgri is
about 20cts away from another resistance level, $2.
Keep your trading focus with this 2 stocks, together
with a couple stocks looking to pass the $1,
Genting at 89.5cts, Swiber at 95.5cts, YZJ at 99cts.
I received a few emails and Skype messages from readers
that the price for some stocks is far exceeding its
intrinsic value, and way pass its NAV, and they
look "expensive". It is the same old view again.
If I look at some stocks purely on a FA prospective,
yes, they are "expensive" and should not be at
current price, but that is exactly what market is.
Market is irrational most of the time, and stocks
will be pushed to unrealistic level, either too low
or too high, before market price discovery will take place.
To me, it is all parts and parcel of how the game is
being played, you just have to accept,enjoy and embrace
the rules. I mainly trade on momentum and trends, so if
it is still going my view, I will gladly ride it up,
until the south wind arrives. But no worries, there
will be other stocks just starting up and gaining
accleration, so I just hop on the next surging train.
This should be how the stock trading should work.
I don't fall in love with a stock, and you shouldn't too.
I follow the stock winners, and ride piggyback onto them
until they are tired, and you jump on top of other winners.
Trade those still Hot (Green) stocks but be cautious
of south wind. Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources,
Mermaid, Hi-P, PEC.
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
Reserve believed that the recession
appears to be ending. The Fed lefts interest
rates unchanged and commented that "economic
conditions are likely to warrant exceptionally
low levels of the federal funds rate for an
extended period." The Fed are also hopeful of
the a more stabilising economy and said that
"economic activity is leveling out" The only
thing worth taking note however is that the indices
did not close at day-high, and shares lost steam in
the last half-hour of trading.
Back to our local shore...
Stocks and STI were down, and that is a
welcome scene, at least to me. Most Hot stocks
were down, except for a few. Yesterday, I specifically
mentioned IndoAgri and First Resources as a better
trading stocks than Golden Agri, and First Resources
is just a stone-throw away from the $1 mark.
Guess what? This 2 stocks rallied up, and you will
profited at least 5 cts if you traded the stocks.
First Resources is not above $1, and IndoAgri is
about 20cts away from another resistance level, $2.
Keep your trading focus with this 2 stocks, together
with a couple stocks looking to pass the $1,
Genting at 89.5cts, Swiber at 95.5cts, YZJ at 99cts.
I received a few emails and Skype messages from readers
that the price for some stocks is far exceeding its
intrinsic value, and way pass its NAV, and they
look "expensive". It is the same old view again.
If I look at some stocks purely on a FA prospective,
yes, they are "expensive" and should not be at
current price, but that is exactly what market is.
Market is irrational most of the time, and stocks
will be pushed to unrealistic level, either too low
or too high, before market price discovery will take place.
To me, it is all parts and parcel of how the game is
being played, you just have to accept,enjoy and embrace
the rules. I mainly trade on momentum and trends, so if
it is still going my view, I will gladly ride it up,
until the south wind arrives. But no worries, there
will be other stocks just starting up and gaining
accleration, so I just hop on the next surging train.
This should be how the stock trading should work.
I don't fall in love with a stock, and you shouldn't too.
I follow the stock winners, and ride piggyback onto them
until they are tired, and you jump on top of other winners.
Trade those still Hot (Green) stocks but be cautious
of south wind. Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources,
Mermaid, Hi-P, PEC.
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
Wednesday, August 12, 2009
Market View 12 August 2009
Uncle Sam's 3 major indices fell for the
second day ahead of market-sensitive news
from Federal Reserve tonight about Interest Rate
& the finanical market. We should have a pretty
interesting session tonight.
Our market played catch-up yesterday, and
surged an auspicious 1.88% up, but still
fall shy of of the 2600 psychological level.
The Hot stocks were mixed yesterday but most
are up, and we have winners like YZJ, Genting,
IndoAgri, First Resources.
I received many emails from the blog readers
requesting for a so-called mid-day market view,
which summarise the morning action, and look
forward to the afternoon session, and to highlight
some trading opportunities that is worth a look.
I have consider this option, and decided to follow
the readers' request, and I will start the mid-day
review next Monday. Watch for it.
We should have a tough trading day as many Hot stocks
will be feeling the heat, as profit-taking and selldowns
will surface. Traders might choose to lighten their
holding ahead of important statement from the Fed tonight.
Also, seriously speaking, most Hot stocks still need
the shred off some weights, and I certainly will be looking
forward to a red pool today. But I will be looking at
those stocks near or within $1 mark with stocks like
Swiber, First Resources, YZJ, and the commodities stocks.
I have to say sorry to a few readers that although
Golden Agri surged, but it is still not in my watch (yet).
I still prefer the more "expensive" peer like IndoAgri and
First Resources, and take note that $1 is just a stone-throw
away from First Resources.
Trade those still Hot (Green) stocks but be cautious
of south wind. Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources,
Mermaid, Hi-P, PEC.
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
second day ahead of market-sensitive news
from Federal Reserve tonight about Interest Rate
& the finanical market. We should have a pretty
interesting session tonight.
Our market played catch-up yesterday, and
surged an auspicious 1.88% up, but still
fall shy of of the 2600 psychological level.
The Hot stocks were mixed yesterday but most
are up, and we have winners like YZJ, Genting,
IndoAgri, First Resources.
I received many emails from the blog readers
requesting for a so-called mid-day market view,
which summarise the morning action, and look
forward to the afternoon session, and to highlight
some trading opportunities that is worth a look.
I have consider this option, and decided to follow
the readers' request, and I will start the mid-day
review next Monday. Watch for it.
We should have a tough trading day as many Hot stocks
will be feeling the heat, as profit-taking and selldowns
will surface. Traders might choose to lighten their
holding ahead of important statement from the Fed tonight.
Also, seriously speaking, most Hot stocks still need
the shred off some weights, and I certainly will be looking
forward to a red pool today. But I will be looking at
those stocks near or within $1 mark with stocks like
Swiber, First Resources, YZJ, and the commodities stocks.
I have to say sorry to a few readers that although
Golden Agri surged, but it is still not in my watch (yet).
I still prefer the more "expensive" peer like IndoAgri and
First Resources, and take note that $1 is just a stone-throw
away from First Resources.
Trade those still Hot (Green) stocks but be cautious
of south wind. Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources,
Mermaid, Hi-P, PEC.
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, August 11, 2009
Market View 11 August 2009
This posting was late because when I tried to
complete publishing the post just now, Blogger
crashed on me, and all that I have written
are gone, not even in the Draft. I have to write
another one based on my memory of what I have
written.
=====================================================
Ok, We are back to market action after a
long-weekend, and we should have a pretty
interesting week ahead. We have the Federal Reserve
issuing statement on interest rates and the economy.
It will have a great impact on Uncle Sam's 3 major
indices, and it will flow through to markets all
over the world.
Back to our beloved nation..
I believe that the Hot stocks may be
green in the morning, but I believe profit-taking
and sell-off will take place and the most Hot stocks
will close in the red. I will be cautiously trading
today. Since there is a new ipo, PEC, on board now,
I will be trading it as well, as I know the trick
to trading ipos, at least for the first month of debut.
Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources,
Mermaid, Hi-P, PEC.
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
complete publishing the post just now, Blogger
crashed on me, and all that I have written
are gone, not even in the Draft. I have to write
another one based on my memory of what I have
written.
=====================================================
Ok, We are back to market action after a
long-weekend, and we should have a pretty
interesting week ahead. We have the Federal Reserve
issuing statement on interest rates and the economy.
It will have a great impact on Uncle Sam's 3 major
indices, and it will flow through to markets all
over the world.
Back to our beloved nation..
I believe that the Hot stocks may be
green in the morning, but I believe profit-taking
and sell-off will take place and the most Hot stocks
will close in the red. I will be cautiously trading
today. Since there is a new ipo, PEC, on board now,
I will be trading it as well, as I know the trick
to trading ipos, at least for the first month of debut.
Trade those still Hot (Green) stocks but be cautious
of south wind.Follow the Flow, but expect the Unexpected.
I will be cautiously 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.
In close watch: Epure & Falcon Energy, Rotary, First Resources,
Mermaid, Hi-P, PEC.
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
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