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Friday, January 15, 2010

Market View 15 January 2010

Once again, the 3 major US indices closed in the green
led by the tech stocks. Dow closed at a 15-month high
up 30 points, S&P 500 added 3 points while Nasdaq gained
9 points. Intel beat market expectation with a after-hour
financial result, it is looking good for the tech run this year.
Tonight, we will see the result of JP Morgan coming out,
and that should impact the financial stocks. It is definitely
going to be a busy trading day for Uncle Sam tonight.

I believe that most readers have had a great trading week,
and we are down to the last trading day of the week, so what
can we expect today? Nothing special or particular, that is for sure.
One new skype reader asked me about my stock selection yesterday,
and I replied that I only focus on a few so-called confirmed-will-run
stock winners, and trade and follow them for the whole week.
I see that I can confidently said that "Epure, CSE,CWT, PEC,Ezion,
Swiber, Midas & Broadway" had been the star stock for the week.
No surprises of any sort that they will also perform next week.

Today is friday, and we are only just 1 month away from CNY,
so if you don't want to be in the market today, then take a long-weekend
break and get some CNY goodies and fashions shopping.
I will see how Mr Market will react today before deciding whether
to call it an early day at mid-day.
Focus on the stock winners for this week with a trailing stop.

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

Thursday, January 14, 2010

Market View 14 January 2010

Uncle Sam is back in the green again with the 3 major indices
rebounding after the previous day's losses. The banks and
financial stocks lead the surge, as like what I said in my blog
yesterday, " My view is that we have just ONE of the major
corporationgiving its result, there are still many more to come.
The banks, big techs, retailers companies will give us a better
pictures in the coming days and weeks, as theyunveil their results."
I seriously believe that the retailer, banking and tech stocks
will deliever a better-than-expected results in the coming days.
Yes, there may be some "surprises" in the pipeline which is
pretty normal, we should see brighter days ahead.

Our own STI closed at a very nice figure 2888.38 yesterday,
athough still down in the red. I don't see the measure from China
government on the banks having a long negative impact to the
market. It is already "expected" but the issue is "when", so it
is better to implement it early than having it in the mind.
I will not be surprise if we resume the north path and close
in the green for days.

I received emails and skype messages asking about Broadway's
surge which is now just about 10cts away from hitting the
$1 mark. If you want "reasonable" explanation, then it is
recent brokerage coverage that is prospelling its surge.
We have CIMB, DMG and DBS covering it lately and that
give it more fuel to continue its momentum. In my blog
at the beginning of the year, I already stated with my
head sticking out that we should see a long-awaited tech
rally run, and I gave a tech watchout list, which included
Broadway. Some readers took note of it and made profits from
the surge while others are stilling looking for even more
explanations to get the whole picture clear before jumping in.
Sometime, you need to jump into the milky water to catch
the fish, if you know what I mean from a Chinese idiom.

I believe we will see a much better trading day today, and
I will be sticking to the stocks that I am loooking at closely
and keep on mentioning for th remaining 2 trading days.

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, January 13, 2010

Market View 13 January 2010

Finally, the 3 major US indices closed in the red,
with worse-than-expected result from Alcoa and as usual,
economic recovery concern being the main causes.
My view is that we have just ONE of the major corporation
giving its result, there are still many more to come.
The banks, big techs, retailers companies will give us
a better pictures in the coming days and weeks, as they
unveil their results. I am still quite cautiously bullish that
the greens will be back pretty soon.

Interestingly, yesterday in my blog, I wrote "the market may
come to a brake anytime although it should be a swift and brief
one", and indeed we saw a pool of reds in our market. It got worse
in the late afternoon when the US futures were falling down fast.
I believe that this is just a small profit-taking session and
we should see the green trading activities back in action.
Many stocks' losses yesterday were limited as there are good
supporting hands waiting below to catch any bargains.
I will take this opportunity if it continues to pick up some
unreasonably sold-down stocks.

For today, I will see clearly what is the theme for today before
jumping in, although I am still bullish bias, but I won't let
my sentiment take control of my trading.
Stick with the winner stocks.

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, January 12, 2010

Market View 12 January 2010

Nothing exactly unusual in the US market yesterday,
with Dow and S&P 500 continued the run and gained
46 and 2 points respectively. Nasdaq was down by
5 points. In after-hour, Alcoa reported a smaller
loss than a year ago, but analysts were expecting
for a small profits. We shall look at how Uncle Sam
react tonight with the news.

When I look at our local market closing figure yesterday,
I realised that the market may come to a brake anytime
although it should be a swift and brief one. Many stocks
had already surged to "indecent" profits, and it is likely
that they are ripe for a pullback to the supporting hands
below. After the slight retracement, we should be able to
have a CNY rally, in my 2cts view, and this will really
bring big angpow to the alert and aggressive traders/investors.


I am focusing on Epure, CSE,CWT, PEC,Ezion, Swiber & Midas,
& Techs and Water Treatment stocks who are still on the
run-up.

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, January 11, 2010

Market View 11 January 2010

A quick summary of what happened in the US market
last friday: All 3 major indices managed to edged up
gains despite a weaker-than-expected December employment
reports. We will have important retail data and the corporate
reporting starts today with Alcoa result. Many more companies
will be out with their corporate results and it is looking to be
another busy week ahead.

Many readers should had a great trading week
trading the like of Epure, CSE,CWT, PEC, Ezion, Swiber &
Midas last week, and guess what, the momentum and
the music is not stopping any sooner. If I say that all
of the above-mentioned will eventually surpass $1,
I don't know what will the reaction be like. Midas and CSE
will try to climb over the $1 hurdle successfully and will
not look back for a pretty long period. As the market move
on, the rest of the pack will be push-up to the mark,
if my script is read by Mr Market, but the prospect is
looking fine.

Some readers commented on Broadway last week, which is
on my Tech watchlist that was given out. If you are expecting
an "explanation" for the wonderful surge, then I can provide
you with the marker-correct view that the recent brokerage
calls prospelled it to higher ground. Or else, I can tell you that
it was a breakout as seen in the technical chart if you know
how to look at it.

I am still cautiously bullish that we will see another great
trading week ahead, with the Hot stocks being push-up
further and interest in the Techs and Water Treatment
stocks looking good.

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

Disclaimer:

Please be aware that I am not a Certified or Qualified Financial Adviser, the views and recommendation on this blog is purely my own.

Please seek investment/trading advices from your Financial Professionals, Dealers, Remisiers before making any investing/trading decisions.

I will not be responsible and liable for any losses incur from my views and recommendations in my blog.

Take note that I may have current positions or seek to enter or add positions in the stocks that I wrote in my blog.

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