Another triple digit loss from Dow, the worse of the year,
after U.S. President Barack Obama proposed tough restrictions
on banks that would squeeze profits. Dow fell 2% or 213 points,
while S&P 500 dropped 21 points and Nasdaq lost 26 points.
Obama said banks should no longer be allowed to own, sponsor
or invest in hedge funds for proprietary profit.
Proprietary trading -- when a firm uses its own money to make bets on markets
-- has been an engine of earnings for some major banks.
The proposals must receive congressional approval.
(I don't think this proposal will go through, in my own opinion,
and it will take a mid-long term for it to go through to the
congress. Do you think the bank giant will take it and don't have
a plan A to counteract the policy??)
On the corporate side, Goldman delivered a wonderful financial
result but still fell by the news. Google posted a better-than-expected
result in after-hour, so let see what the market has for us tonight.
We have General Electric (GE), McDonald and Kimberly-Clark
announcing result tonight.
It was a pool of red in yesterday's trading, and yes, I do have
to cut losses, and I picked up some "bargains" along the way,
which may go even cheaper today.
Is this new-year rally over?
It maybe over, for a short while. We have a wonderful and rewarding
big rally recently, and it is just doing a normal break, but with all the
"helps" from the China and US fundamental policies. I don't think
that we should be panicking by any means. Th market is simply digesting
what and where we have gone so far and looking for yet another reason
why it should further pursue its uptrend, and rest assure, there will be
another coming.
Stock will definitely open on a weak note, but I will look for stocks
that is on a "bargain sales" and grab some on a low. Today we
will see the debut of Tiger Airways which some may comment that
it is a "bad" day for it to be trading on a "red-letter" day. I will
see how it opens and decide whether it is worth an IPO punt.
If you a see a leaf among the red flower, then take note of it.
It may become red due to the surrounding influence, or it maybe the
superstar of the day, and surprise everyone with a good surge.
I am always on a hunt for such stock, and today's strategy will still
be the same. Look for the stronger stock in my winner stocks list,
that is they are still green amid the weaknesses, and seek to pick up
and grab bargains when they are sold-down hard.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC, Ezion,
Swiber,Broadway, Midas & Sinotel, Golden Agri (added).
Tiger Airways (IPO punt)
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, January 22, 2010
Thursday, January 21, 2010
Market View 21 January 2010
The three key indices in US fell in overnight trade
with Dow registered its worse day of the year down
122 points, S&P fell 12 points and Nasdaq was down
by 29 points. A few events triggered off the selling, with
major concern over China moves to limit banking lending
being the main culprit, but the financial result from IBM,
BOA, Morgan Stanley lending some "support" to the sell-off.
So what will the China's move impact the recovery concerns?
My view is that we will just have a knee-jerk to the measure
and it will likely not have a bad impact on global growth.
We shall wait and see later when the Hong Kong and Shanghai
market opens.
Ok, back to our market.
Yesterday morning saw the incredible surge by Epure, and I am
glad that a few of members did catch it, and the profits should
be reasonably succulent. A few members said that the move is
"fast and furious", and they will out of sight for a few minutes,
and the price is up about 5-6 bids, so they have "miss the boat".
Some members choose to buy Sinomem which I mentioned in
yesterday blog, and should be also rewarded by profits if they
have a trailing stop implemented, as the scene changes after
the sudden move by China on the bank lending.
After the lunch break, some members asked me for laggard
stocks that are worth a look-up and a potential winner stock
as well. I gave them a stock Asia Enviro which is in my
"Potential mad-horse stocks that can spur into life" list given
out at the beginning of the year.
If you ask me whether Epure will continue to surge to or
even pass $1, I think the chances are quite high, and the water
treatment stocks, like Sinomem and Asia Enviro should follow
the leader to surge. Watch for them.
Our market should open with cautiously weakness, but I believe
that the supporting hand will jump in when there are bargains
around. We are likely to see a better closing toward the end of the
day. Will I be surprise to see a pool of greens in our market later?
No, absolutely not. I don't know what Mr Market has install for
us, and I will just play by his book, and jump in (out) when
the tide is with (against) me.
I will look for the stronger stock in my winner stocks list,
that is they are still green amid the weaknesses, and seek to
pick up and grab bargains when they are sold-down hard,
but I believe it will be minimal selling.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC, Ezion,
Swiber,Broadway, Midas & Sinotel.
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
with Dow registered its worse day of the year down
122 points, S&P fell 12 points and Nasdaq was down
by 29 points. A few events triggered off the selling, with
major concern over China moves to limit banking lending
being the main culprit, but the financial result from IBM,
BOA, Morgan Stanley lending some "support" to the sell-off.
So what will the China's move impact the recovery concerns?
My view is that we will just have a knee-jerk to the measure
and it will likely not have a bad impact on global growth.
We shall wait and see later when the Hong Kong and Shanghai
market opens.
Ok, back to our market.
Yesterday morning saw the incredible surge by Epure, and I am
glad that a few of members did catch it, and the profits should
be reasonably succulent. A few members said that the move is
"fast and furious", and they will out of sight for a few minutes,
and the price is up about 5-6 bids, so they have "miss the boat".
Some members choose to buy Sinomem which I mentioned in
yesterday blog, and should be also rewarded by profits if they
have a trailing stop implemented, as the scene changes after
the sudden move by China on the bank lending.
After the lunch break, some members asked me for laggard
stocks that are worth a look-up and a potential winner stock
as well. I gave them a stock Asia Enviro which is in my
"Potential mad-horse stocks that can spur into life" list given
out at the beginning of the year.
If you ask me whether Epure will continue to surge to or
even pass $1, I think the chances are quite high, and the water
treatment stocks, like Sinomem and Asia Enviro should follow
the leader to surge. Watch for them.
Our market should open with cautiously weakness, but I believe
that the supporting hand will jump in when there are bargains
around. We are likely to see a better closing toward the end of the
day. Will I be surprise to see a pool of greens in our market later?
No, absolutely not. I don't know what Mr Market has install for
us, and I will just play by his book, and jump in (out) when
the tide is with (against) me.
I will look for the stronger stock in my winner stocks list,
that is they are still green amid the weaknesses, and seek to
pick up and grab bargains when they are sold-down hard,
but I believe it will be minimal selling.
Winner Stocks: Epure, Sinomem, Asia Enviro, CSE, CWT, PEC, Ezion,
Swiber,Broadway, Midas & Sinotel.
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 20, 2010
Market View 20 January 2010
All 3 major US indices rose yesterday with Dow & S&P 500
hitting fresh 15-month high. Dow was up 116 points,
S&P 500 gained 14 points, and Nasdaq added 32 points.
Encouraging results from Citigroup and IBM lifted the market,
and we will see whether Bank of America (BOA), Morgan Stanley,
eBay, Starbucks and Wells Fargo can deliver an equal or better
result tonight. My own 2-ct sense is telling me that they will
do alright tonight.
Yesterday, many pennies and winner stocks were doing fine
for most of the trading day until the last few hours when
some of them start to fall off the pace. What can we expect
the trading day will be like?
I believe it will be a good trading day for most, but it will
be foolish to be trading without a stop-loss and trailing stop.
The winner stocks will do just fine, and should continue to surge
forward. Watch for Sinomem as based on the chart, it will
be doing a breakout very soon.
Winner Stocks: Epure, CSE, CWT, PEC, Ezion, Swiber,
Broadway, Midas, Sinomem & Sinotel.
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
hitting fresh 15-month high. Dow was up 116 points,
S&P 500 gained 14 points, and Nasdaq added 32 points.
Encouraging results from Citigroup and IBM lifted the market,
and we will see whether Bank of America (BOA), Morgan Stanley,
eBay, Starbucks and Wells Fargo can deliver an equal or better
result tonight. My own 2-ct sense is telling me that they will
do alright tonight.
Yesterday, many pennies and winner stocks were doing fine
for most of the trading day until the last few hours when
some of them start to fall off the pace. What can we expect
the trading day will be like?
I believe it will be a good trading day for most, but it will
be foolish to be trading without a stop-loss and trailing stop.
The winner stocks will do just fine, and should continue to surge
forward. Watch for Sinomem as based on the chart, it will
be doing a breakout very soon.
Winner Stocks: Epure, CSE, CWT, PEC, Ezion, Swiber,
Broadway, Midas, Sinomem & Sinotel.
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 19, 2010
Market View 19 January 2010
Uncle Sam is having a holiday yesterday so no trading
news from there. Tonight we will see Citigroup, IBM
and others announcing their finanical result. It will
be an exciting night with lots of actions today. I don't
really expect a bad result from the heavy-weights,
but a nasty surprise will bring the market to a selling
mood, an "unexpected" event.
Ok, back to Singapore.
It was a small pool of reds in our market, with the pennies
taking direct hits from the expected sellings, but they
still manage to close within range, and should do well today.
I certainly expect to see a good trading day with lots of
actions from my winner stocks and others.
Stick to them if they really want to trade.
Winner Stocks: Epure, CSE, CWT, PEC, Ezion, Swiber,
Broadway, Midas, Sinomem & Sinotel.
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
news from there. Tonight we will see Citigroup, IBM
and others announcing their finanical result. It will
be an exciting night with lots of actions today. I don't
really expect a bad result from the heavy-weights,
but a nasty surprise will bring the market to a selling
mood, an "unexpected" event.
Ok, back to Singapore.
It was a small pool of reds in our market, with the pennies
taking direct hits from the expected sellings, but they
still manage to close within range, and should do well today.
I certainly expect to see a good trading day with lots of
actions from my winner stocks and others.
Stick to them if they really want to trade.
Winner Stocks: Epure, CSE, CWT, PEC, Ezion, Swiber,
Broadway, Midas, Sinomem & Sinotel.
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 18, 2010
Market View 18 January 2010
Just a recap: All 3 major US indices closed in the red on
friday with Dow registered a triple-digit loss for the first
time of the year down 101 points, S&P 500 lost 12 points
and Nasdaq was down 29 points. Although JP Morgan
did announced a better-than-expected result but it also
stated a mounting loan loss, which drag down the market.
This week, we will have many heavyweights coming out
with their financial result, like IBM, Goldman Sachs, Citi,
BOA, American Express.... It will be a busy and exciting
trading week, but it will only start on tuesday, as the US market
is close for Martin Luther King Jr. Day. We will have as many
57 S&P 500 companies coming out with their result slip
this week.
Frankly speaking, last week should be a pretty decent
trading week for the traders, as we have many themes
and rotational interest in play, and one should have a
"difficult" time and spoilt for choices. But last friday was
a different story as many stocks fell from the day or week
high and closed in the red.
With the US market closing in the red last friday, and
having a trading holiday today, it is likely that we will be
opening on a weaker note this morning, but it will definitely
not be a quiet and light-trading day. Expect volume and
volatility to pick-up, and stocks will rise from day-low to close
higher, and no surprises if it close green.
I don't see why I should move away from the winner stocks of
Epure, CSE, CWT, PEC, Ezion, Swiber, Broadway & Midas,
with Sinomem and Sinotel also in close watch.
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
friday with Dow registered a triple-digit loss for the first
time of the year down 101 points, S&P 500 lost 12 points
and Nasdaq was down 29 points. Although JP Morgan
did announced a better-than-expected result but it also
stated a mounting loan loss, which drag down the market.
This week, we will have many heavyweights coming out
with their financial result, like IBM, Goldman Sachs, Citi,
BOA, American Express.... It will be a busy and exciting
trading week, but it will only start on tuesday, as the US market
is close for Martin Luther King Jr. Day. We will have as many
57 S&P 500 companies coming out with their result slip
this week.
Frankly speaking, last week should be a pretty decent
trading week for the traders, as we have many themes
and rotational interest in play, and one should have a
"difficult" time and spoilt for choices. But last friday was
a different story as many stocks fell from the day or week
high and closed in the red.
With the US market closing in the red last friday, and
having a trading holiday today, it is likely that we will be
opening on a weaker note this morning, but it will definitely
not be a quiet and light-trading day. Expect volume and
volatility to pick-up, and stocks will rise from day-low to close
higher, and no surprises if it close green.
I don't see why I should move away from the winner stocks of
Epure, CSE, CWT, PEC, Ezion, Swiber, Broadway & Midas,
with Sinomem and Sinotel also in close watch.
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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