Wall Street continued to be green as the indexes
posted a sixth straight day of gains "as an encouraging
profit forecast from United Parcel Service (UPS) lifted
transportation shares, though concerns about a rise in
weekly jobless claims limited the market's advance."
Dow added 21 points, S&P 500 rose 1 point and
Nasdaq continued to surge 11 points. It is very likely
that at some point of time, we will see a deserved
profit-taking that will be just a short break.
Tonight we will see Bank of America (BOA),
General Electric (GE) and Mattel reporting.
Back to our local market....
It has been a pretty wonderful ride with Cosco, YZJ,
Falcon and PEC and the profits are good too.
Some members asked me how do I choose these
winners. Actually, I believe I have mentioned this multiple
times that I normally follow the trend, sector and momentum
play with a list of stocks that I keep track. I like to
stick with the winners as I simply don't know how high
they can go, so I just follow them up and get out when
the play-up momentum is over and just take the profits.
Simple strategy but tested again and again, and it still works.
I believe there will be much more profit-taking today,
as traders and retailers will seek to take the money out,
and not holding it over the weekend. I am doing the same
if you ask me. Some members asked me about the IPO
play as there are a couple of them out recently.
Ok, I am not playing them, but I did monitor them for
any potential set-up play.
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, April 16, 2010
Thursday, April 15, 2010
Market View 15 April 2010
Wall Street is in a pool of celebration as "U.S. stocks
notched a fifth straight day of gains on Wednesday as
stronger-than-expected corporate results and March
retail sales pushed the S&P 500 past 1,200 for the
first time in 18 months." Dow surged 104 points to close
at 11123, S&P 500 added 13 points and Nasdaq gained
39 points. I believe we will see a profit-taking session soon
that will bring the Dow below the 11100 points.
We will see AMD and Google reporting tonight.
STI is once again above the 3000 points closing at 3020
up 48 points yesterday, but will it be firmly stable on top?
I have my doubts, and we should see profit-taking along
the way, and I see that the surge will likely be halted around
the 3070 level.
Like what I mentioned in yesterday's blog on following
the winners stocks until their momentum is over.
Cosco, YZJ, Falcon and PEC continued to move up
but did you profit from it? If you still have them, stick to your
trailing stops, and watch for the momentum to stop and reversal
takes over.
The techs performed reasonably yesterday as well although the
profits are not as great as the above-mentioned stocks. They should
still be in the limelight given Nasdaq superb indication. I still believe that
we will see a Tech Rally this year in a sector rotational play-up.
Ok, we talk about Genting next. Somehow, it hit 92cts high yesterday
and retrace down and closed at 91cts. Although only a few lots was
transacted at 92cts, it still prove that the resistance level is intact.
One reader jokingly commented to me that, was I the person to
buy at 92cts with those few lots? Haha.. I don't think I need to do
such thing to prove that 92cts is really the resistance level.
I have already mentioned about this level since the CNY period,
and seriously, I don't think other so-called "Guru" or " Master"
has stated this before. If it ask me about Genting now, I will tell you that
the 92cts level is there to be broken.
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
notched a fifth straight day of gains on Wednesday as
stronger-than-expected corporate results and March
retail sales pushed the S&P 500 past 1,200 for the
first time in 18 months." Dow surged 104 points to close
at 11123, S&P 500 added 13 points and Nasdaq gained
39 points. I believe we will see a profit-taking session soon
that will bring the Dow below the 11100 points.
We will see AMD and Google reporting tonight.
STI is once again above the 3000 points closing at 3020
up 48 points yesterday, but will it be firmly stable on top?
I have my doubts, and we should see profit-taking along
the way, and I see that the surge will likely be halted around
the 3070 level.
Like what I mentioned in yesterday's blog on following
the winners stocks until their momentum is over.
Cosco, YZJ, Falcon and PEC continued to move up
but did you profit from it? If you still have them, stick to your
trailing stops, and watch for the momentum to stop and reversal
takes over.
The techs performed reasonably yesterday as well although the
profits are not as great as the above-mentioned stocks. They should
still be in the limelight given Nasdaq superb indication. I still believe that
we will see a Tech Rally this year in a sector rotational play-up.
Ok, we talk about Genting next. Somehow, it hit 92cts high yesterday
and retrace down and closed at 91cts. Although only a few lots was
transacted at 92cts, it still prove that the resistance level is intact.
One reader jokingly commented to me that, was I the person to
buy at 92cts with those few lots? Haha.. I don't think I need to do
such thing to prove that 92cts is really the resistance level.
I have already mentioned about this level since the CNY period,
and seriously, I don't think other so-called "Guru" or " Master"
has stated this before. If it ask me about Genting now, I will tell you that
the 92cts level is there to be broken.
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, April 14, 2010
Market View 14 April 2010
Wall Street still closed green as as "investors looked
ahead to earnings from big banks and tech bellwethers,
even as disappointing revenue from Alcoa Inc acted as
a headwind. Dow edged up 13 points, S&P 500 added
0.8 points while Nasdaq gained 8 points.
"After the market closed, chipmaker and Dow component
Intel Corp reported a stronger-than-expected first-quarter
profit, sending its shares 3.8 percent higher to $23.63 in
extended-hours trading. Intel rose 0.6 percent to $22.68
in the regular session.Intel also lifted shares of Advanced
Micro Devices and stock index futures, suggesting Intel
will boost stocks when the market opens on Wednesday."
I still maintain that Dow will face strong resistance at 11100
which is about 81 points from yesterday closing figure.
Cosco, YZJ and Falcon continued to deliver the profits as
they surge on another day. A reader ask me for recommendations
yesterday and I told him that at the moment is only these 3 stocks.
He commented that why is it the same stocks being recommendated
again and again. My reason is very simple, I stick to winners and
will continue to follow them up until their momentum stops, then I will
move on to other potentials, but I will still be monitoring past winners
for the old flame to be lit again.
Watch Cosco, YZJ, Falcon & PEC.
I believe that the Techs should have some action today,
and I will monitor the following stocks: Broadway, Sinotel, Techcomp,
Hi-P, Innotek & PCI.
Genting hit 91.5cts high yesterday and closed at 90.5cts. I believe
it will surge again to test the 92cts resistance again, and should it
successfully breaking it, we may see a breakthrough to the next
98cts resistance.
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
ahead to earnings from big banks and tech bellwethers,
even as disappointing revenue from Alcoa Inc acted as
a headwind. Dow edged up 13 points, S&P 500 added
0.8 points while Nasdaq gained 8 points.
"After the market closed, chipmaker and Dow component
Intel Corp reported a stronger-than-expected first-quarter
profit, sending its shares 3.8 percent higher to $23.63 in
extended-hours trading. Intel rose 0.6 percent to $22.68
in the regular session.Intel also lifted shares of Advanced
Micro Devices and stock index futures, suggesting Intel
will boost stocks when the market opens on Wednesday."
I still maintain that Dow will face strong resistance at 11100
which is about 81 points from yesterday closing figure.
Cosco, YZJ and Falcon continued to deliver the profits as
they surge on another day. A reader ask me for recommendations
yesterday and I told him that at the moment is only these 3 stocks.
He commented that why is it the same stocks being recommendated
again and again. My reason is very simple, I stick to winners and
will continue to follow them up until their momentum stops, then I will
move on to other potentials, but I will still be monitoring past winners
for the old flame to be lit again.
Watch Cosco, YZJ, Falcon & PEC.
I believe that the Techs should have some action today,
and I will monitor the following stocks: Broadway, Sinotel, Techcomp,
Hi-P, Innotek & PCI.
Genting hit 91.5cts high yesterday and closed at 90.5cts. I believe
it will surge again to test the 92cts resistance again, and should it
successfully breaking it, we may see a breakthrough to the next
98cts resistance.
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, April 13, 2010
Market View 13 April 2010
Wall Street closed up high as "The Dow industrials
closed above 11,000 for the first time in almost
19 months on Monday as expectations of solid
first-quarter earnings spurred buying in financial,
energy and industrial sectors." Dow gained 9 points
to close at 11005.97, S&P 500 added 2 points
and Nasdaq rose 4 points. We will see Infosys and
Intel reporting today, which may trigger a tech run-up.
If you read my blog last few days and bought some
of the stocks that I recommended, I think you are sitting
on a pretty fat profits. Cosco, YZJ and Falcon surged
high yesterday, and I believe a handful of readers should
have profited from it. If you are holding it with a trailing
stop, then just stick to it and enjoy the run-up. If you did
not buy them and wish to buy them today then take note
that you will have greater risk as they may have profit-taking.
Genting is back below 90cts again and closed at 89.5cts
yesterday. It current range play according to what I see
is 86.5cts to 92cts. I am bullish bias but willing to accept
what Mr Market gives me. If it fall back to 86.5cts, then
it will be well-supported.
Stick to the Offshore Marine and commodities stocks,
but keep a ready trailing stop and cut-loss should the wave
suddenly changes.
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
closed above 11,000 for the first time in almost
19 months on Monday as expectations of solid
first-quarter earnings spurred buying in financial,
energy and industrial sectors." Dow gained 9 points
to close at 11005.97, S&P 500 added 2 points
and Nasdaq rose 4 points. We will see Infosys and
Intel reporting today, which may trigger a tech run-up.
If you read my blog last few days and bought some
of the stocks that I recommended, I think you are sitting
on a pretty fat profits. Cosco, YZJ and Falcon surged
high yesterday, and I believe a handful of readers should
have profited from it. If you are holding it with a trailing
stop, then just stick to it and enjoy the run-up. If you did
not buy them and wish to buy them today then take note
that you will have greater risk as they may have profit-taking.
Genting is back below 90cts again and closed at 89.5cts
yesterday. It current range play according to what I see
is 86.5cts to 92cts. I am bullish bias but willing to accept
what Mr Market gives me. If it fall back to 86.5cts, then
it will be well-supported.
Stick to the Offshore Marine and commodities stocks,
but keep a ready trailing stop and cut-loss should the wave
suddenly changes.
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, April 12, 2010
Market View 12 April 2010
Wall Street closed up on friday night after "Chevron's
upbeat outlook and wholesale inventories data
reinforced bets on an improving economy"
Dow surpassed 11000 for the first in a year-and-a-half
but closed at 10997 up 70.28 points, S&P 500 added
8 points and Nasdaq gained 17 points. This week's focus
will be on the Earning figures with Alcoa the first to report
after Monday market closed. I maintain the view that Dow
will face strong resistance at 11100 and it will require very
strong and positive corporate figures to push through the level.
The offshore marine and commodities counters are really moving
well last week, and it is likely that the momentum will
continue this week. We saw how PEC, Falcon, Swiber,Cosco,
YZJ, CSE Global moved and it should have provided some
good profits for those who participate in the rally.
The techs are also moving well, like Broadway, Hi-P, Sinotel.
Genting should be heading toward the 92cts mark again, and
I am bullish bias that it will break it 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
upbeat outlook and wholesale inventories data
reinforced bets on an improving economy"
Dow surpassed 11000 for the first in a year-and-a-half
but closed at 10997 up 70.28 points, S&P 500 added
8 points and Nasdaq gained 17 points. This week's focus
will be on the Earning figures with Alcoa the first to report
after Monday market closed. I maintain the view that Dow
will face strong resistance at 11100 and it will require very
strong and positive corporate figures to push through the level.
The offshore marine and commodities counters are really moving
well last week, and it is likely that the momentum will
continue this week. We saw how PEC, Falcon, Swiber,Cosco,
YZJ, CSE Global moved and it should have provided some
good profits for those who participate in the rally.
The techs are also moving well, like Broadway, Hi-P, Sinotel.
Genting should be heading toward the 92cts mark again, and
I am bullish bias that it will break it 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
Subscribe to:
Posts (Atom)