Wall Street closed mixed in overnight trade as a weak
U.S. bond auction and global debt concerns continued
to weigh on investor sentiment. Dow gained 5 points,
S&P 500 lost 2 points while Nasdaq dropped 1 points.
After hitting fresh 18-month high, the indexes are taking
a break and ready for the first-quarter earning result
in the coming weeks.
Yesterday market was quite boring except for a few
Hot stocks still marching on, but Genting and Sound Global
came back to live after the afternoon break. Genting closed
92.5cts, we shall see whether it it will breach the 92cts support
again, and head toward the 98cts resistance level. On my side,
I would like to see it consolidate for a while before the next
surge, but we shall see what it turn out to be.
Sound Global fell below the 95cts support and closed 94cts,
within my expectation as I pointed out that the 95cts support
was fragile and will give way anytime. My personal view is that
this stock is a permanent >$1 stock, but it need to take a break now.
I am watching Broadway's next move if the strong tech wind blow
again. If you looked at the Top Volume stocks last few days, you
will noticed more techs up and running, like DMX, Armstong etc.
It is the right time to start to monitor the techs, as they just may stage
a low-awaited rally this year.
Market looks weak now, but if and when possible, stick to
the greens, or else take a long weekend break away from the
trading screen. I maybe doing so today as my mind is feeling a
bit of strain, and I need to recharge with some out-of-the-market activities.
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, March 26, 2010
Thursday, March 25, 2010
Market View 25 March 2010
Wall Street closed in the red in overnight trade as
"Portugal's credit rating downgrade and a weak Treasury
note auction stirred concerns about sovereign debt."
Dow was lower by 53 points, S&P 500 dropped 6
points while Nasdaq fell 16 points. It is good to take
a break after the indexes surged to multiple month high,
but it will all be back, at least for the next 2-3 months.
Yesterday, the only stock that I strongly recommended
in my blog is Broadway. I commented that Genting and
Sound Global are not the stock to be trading now. Some
readers got my clear point, and went into Broadway, and
was rewarded handsomely. Most earned at least a 5cts
profits on the stocks, and is still holding it till today's trading.
Expect consolidation at the beginning stage, but if the wind
come back in, then jump in above yesterday's day-high.
Sometimes it is just so simple to trade purely on support and
resistance level. It is a easy but powerful trading method but
many do not practice it. Genting breached the 92cts resistance
and other than the psychological support of 90cts, the next
significant support is at 86.5cts Will it fall all the way to there?
It is anyone's guess, but Mr Market will show you and me the way.
Sound Global's 95cts support looks fragile and maybe broken.
Market will be weak today so stick to the greens if available
or else just simply sit on the fence and watch the show.
Take note of the techs, they might be Hot again after the short break.
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
"Portugal's credit rating downgrade and a weak Treasury
note auction stirred concerns about sovereign debt."
Dow was lower by 53 points, S&P 500 dropped 6
points while Nasdaq fell 16 points. It is good to take
a break after the indexes surged to multiple month high,
but it will all be back, at least for the next 2-3 months.
Yesterday, the only stock that I strongly recommended
in my blog is Broadway. I commented that Genting and
Sound Global are not the stock to be trading now. Some
readers got my clear point, and went into Broadway, and
was rewarded handsomely. Most earned at least a 5cts
profits on the stocks, and is still holding it till today's trading.
Expect consolidation at the beginning stage, but if the wind
come back in, then jump in above yesterday's day-high.
Sometimes it is just so simple to trade purely on support and
resistance level. It is a easy but powerful trading method but
many do not practice it. Genting breached the 92cts resistance
and other than the psychological support of 90cts, the next
significant support is at 86.5cts Will it fall all the way to there?
It is anyone's guess, but Mr Market will show you and me the way.
Sound Global's 95cts support looks fragile and maybe broken.
Market will be weak today so stick to the greens if available
or else just simply sit on the fence and watch the show.
Take note of the techs, they might be Hot again after the short break.
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, March 24, 2010
Market View 24 March 2010
Wall Street rallied in overnight trade "led by the tech,
industrial and materials sectors, driving the Dow and
the S&P 500 to 18-month highs". Dow surged 103 points
to close at 10888.83 (such a nice impressive number),
S&P 500 gained 8 points while Nasdaq added 20 points.
Lots of good news and brokerage upgrades this week,
and it should give support for a good trading week to
maybe close in a high-note.
Many Hot stocks gave up recent gains yesterday and
took a deserved break. Sound Global fka Epure retrace
to exactly the support level that I mentioned in blog.
It will bounce around the box unless the trend is set.
Genting is still within the 92-98 region although much nearer
to the 92cts support level with the 93.5cts close.
Techs have a good run yesterday and at a great time
as other stocks were not performing. Broadway rallied
and the profits was good, and it is staging a test toward
the important $1 mark.
Stocks will open on a high note today, but the action will
still stay with a couple of stocks. Techs' momentum
is still strong and should move further up.
Genting and Sound Global are not really the type of trading
stocks now, and I am waiting for further consolidation
to happen before entering again to ride on the wave again.
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
industrial and materials sectors, driving the Dow and
the S&P 500 to 18-month highs". Dow surged 103 points
to close at 10888.83 (such a nice impressive number),
S&P 500 gained 8 points while Nasdaq added 20 points.
Lots of good news and brokerage upgrades this week,
and it should give support for a good trading week to
maybe close in a high-note.
Many Hot stocks gave up recent gains yesterday and
took a deserved break. Sound Global fka Epure retrace
to exactly the support level that I mentioned in blog.
It will bounce around the box unless the trend is set.
Genting is still within the 92-98 region although much nearer
to the 92cts support level with the 93.5cts close.
Techs have a good run yesterday and at a great time
as other stocks were not performing. Broadway rallied
and the profits was good, and it is staging a test toward
the important $1 mark.
Stocks will open on a high note today, but the action will
still stay with a couple of stocks. Techs' momentum
is still strong and should move further up.
Genting and Sound Global are not really the type of trading
stocks now, and I am waiting for further consolidation
to happen before entering again to ride on the wave again.
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, March 23, 2010
Market View 23 March 2010
Wall Street rose on Monday trading after the "passage of
a bill overhauling the healthcare system ended much of
the uncertainty about the issue for investors." Dow gained
44 points, S&P added 6 points while Nasdaq rose 21 points.
It is looking to be another steady trading week unless something
drastic can derail the market action.
Ok, it was a pool of red in our market yesterday and
many Hot stocks were taking a break and consolidate
with profit-taking in place but the selling still considered
mild in any sense. In the afternoon session, several Hot stocks
rebounded from day-low and closed respectably.
Genting is still within the 92-98cts region, and with its
94cts close is much more nearer to the 92cts support level.
It is still in consolidate stage and it is not a "trading" stock now
as the uncertainty is higher, so is the gain, but I prefer to
enter when it is in my trading range.
Sound Global fka Epure back-off from the 1.01 resistance
level and closed at 98.5cts It should have support around 95cts
level.
One reader commented that what are some of the IT companies
that I recommended. I gave a few of the techs in yesterday's blog
and I believe you can see that Techcomp was yesterday's winner
stock. Frankly, you need not to have plenty of stocks to win in the
market, you just need to constantly and consistently trade a winner
stock to profit in the market. That is why I keep recommending the
same stocks because they still have upsides and huge profits potential.
Market looks to be quiet today, but I will still track the Hot and
winner stocks for any action. When the right wind blows, are you
prepare to enter?
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
a bill overhauling the healthcare system ended much of
the uncertainty about the issue for investors." Dow gained
44 points, S&P added 6 points while Nasdaq rose 21 points.
It is looking to be another steady trading week unless something
drastic can derail the market action.
Ok, it was a pool of red in our market yesterday and
many Hot stocks were taking a break and consolidate
with profit-taking in place but the selling still considered
mild in any sense. In the afternoon session, several Hot stocks
rebounded from day-low and closed respectably.
Genting is still within the 92-98cts region, and with its
94cts close is much more nearer to the 92cts support level.
It is still in consolidate stage and it is not a "trading" stock now
as the uncertainty is higher, so is the gain, but I prefer to
enter when it is in my trading range.
Sound Global fka Epure back-off from the 1.01 resistance
level and closed at 98.5cts It should have support around 95cts
level.
One reader commented that what are some of the IT companies
that I recommended. I gave a few of the techs in yesterday's blog
and I believe you can see that Techcomp was yesterday's winner
stock. Frankly, you need not to have plenty of stocks to win in the
market, you just need to constantly and consistently trade a winner
stock to profit in the market. That is why I keep recommending the
same stocks because they still have upsides and huge profits potential.
Market looks to be quiet today, but I will still track the Hot and
winner stocks for any action. When the right wind blows, are you
prepare to enter?
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, March 22, 2010
Market View 22 March 2010
I will dive straight into our local stock market trading
view for today. We have a good run recently, and just
at the moment, it is not looking to end anytime soon.
Rotational interests are still strong, and is seen shifting
and switching to the techs stocks which I have expected
at the beginning of the year. If the strong techs run really
materialised then the potential returns will be pretty
rewarding as we have witnessed how crazy and wild
the techs can rally into.
I am still reasonably bullish for the market for the
next 3 months, while a bit bearish bias for the 2nd half.
Therefore, we just have enjoy the surges while it is still on,
and retreat and back-off when the wave is turning.
Ok, back to some Hot stocks comment:
Genting closed at 96cts last friday, still taking a break within
the 92-98cts region. It will be very bullish when it surges pass
the 98cts resistance with strong volume and momentum.
I am monitoring the situation closely.
Sound Global fka Epure traded with quite low volume
last friday, and I was telling a Skype friend that some
retailers may have noticed that the stock is missing!
It just got a name change, and "A rose by any other names
will smell as sweet", so I have no issue with this sort of changes.
It finally closed at 1.01, right on the critical line.
To me, it need to consolidate before staging another run-up,
but I will see what Mr Market dishes out.
I will continue to trade the winner stocks when it is green.
Genting, Falcon Energy, CSE Global, CWT, PEC, Epure,
Sinomem & YZJ .
Winner Stocks: Ezion, Swiber,CH Offshore, Broadway,Midas,
Sinotel, Golden Agri, Yingli, Biosensor.
Techs: PCI, Innotek, Hi-P, Techcomp, Broadway.
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
view for today. We have a good run recently, and just
at the moment, it is not looking to end anytime soon.
Rotational interests are still strong, and is seen shifting
and switching to the techs stocks which I have expected
at the beginning of the year. If the strong techs run really
materialised then the potential returns will be pretty
rewarding as we have witnessed how crazy and wild
the techs can rally into.
I am still reasonably bullish for the market for the
next 3 months, while a bit bearish bias for the 2nd half.
Therefore, we just have enjoy the surges while it is still on,
and retreat and back-off when the wave is turning.
Ok, back to some Hot stocks comment:
Genting closed at 96cts last friday, still taking a break within
the 92-98cts region. It will be very bullish when it surges pass
the 98cts resistance with strong volume and momentum.
I am monitoring the situation closely.
Sound Global fka Epure traded with quite low volume
last friday, and I was telling a Skype friend that some
retailers may have noticed that the stock is missing!
It just got a name change, and "A rose by any other names
will smell as sweet", so I have no issue with this sort of changes.
It finally closed at 1.01, right on the critical line.
To me, it need to consolidate before staging another run-up,
but I will see what Mr Market dishes out.
I will continue to trade the winner stocks when it is green.
Genting, Falcon Energy, CSE Global, CWT, PEC, Epure,
Sinomem & YZJ .
Winner Stocks: Ezion, Swiber,CH Offshore, Broadway,Midas,
Sinotel, Golden Agri, Yingli, Biosensor.
Techs: PCI, Innotek, Hi-P, Techcomp, Broadway.
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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