Wall Street closed mixed as " Stocks racked
up a fourth straight week of gains on Thursday,
as investors expected optimism about the economic
recovery to support equities through year-end.
The S&P 500 ticked lower on Thursday, the close
of a holiday-shortened week, breaking five days of
gains, in the lowest volume in a full-day session this
year. Banks dragged on the market, giving back recent
gains after a strong month."
Dow gained 14 points, S&P 500 lost 2 points
and Nasdaq dipped 6 points.
Today is the Christmas eve and it looks like Santa
had already given out all his presents to the market.
Stock volume was low in recent trading days but at
least it wasn't ugly scene in many stocks.
Look like we will have a quiet trading day and stocks
will move in tight range.
Genting will continue to be supported at 2.11 level
with further downside capped for now. The Palm
oil stocks are also moving within trading range
with Golden Agri staring hard at the 77cts resistance
and and First Resources aiming for the 1.51 resistance
next.
I won't be staying throughout the day and will be out
for a Christmas celebration with my family. I am not
really a party animal and prefer to spend the countdown
with my love ones. Enjoy the precious moments with your
family and love ones if and when possible as you will have
a wonderful memory about it.
Wishing all readers a Merry...Merry Christmas and may
Santa brings you the present(s) that you have been wishing for!
The blog will undergo a major face-lift during this holiday
period and will a new look will be unveil after the New Year.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
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, December 24, 2010
Thursday, December 23, 2010
Market View 23 December 2010
Wall Street continued to move higher as "U.S.
stocks finished at a two-year high Wednesday,
with the S&P 500 Index up for a fifth straight session,
as investors sorted through varying signals from earnings
and economic data." Dow up 26 points, S&P 500
added 4 points and Nasdaq advanced 4 points.
Some readers commented on Skype that the market
was quite boring this week with little actions if any
on the winner stocks. I have to agree to a certain
degree that this is true but it is quite normal as we
are in a festive season and many are more risk averse
and won't risk big money into the market now.
Frankly, my positions in the stocks that I trade had
also decrease although I won't hesitate if I see a good
bargain with any selloff now.
Many stocks are near or at their support level now.
We have Genting at 2.10 and 2.11 being the next resistance
level. Golden Agri at 76cts facing the 77cts resistance
which is just a stone-throw away.
Look like we are going to have another few quiet sessions
for this week and the next.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
stocks finished at a two-year high Wednesday,
with the S&P 500 Index up for a fifth straight session,
as investors sorted through varying signals from earnings
and economic data." Dow up 26 points, S&P 500
added 4 points and Nasdaq advanced 4 points.
Some readers commented on Skype that the market
was quite boring this week with little actions if any
on the winner stocks. I have to agree to a certain
degree that this is true but it is quite normal as we
are in a festive season and many are more risk averse
and won't risk big money into the market now.
Frankly, my positions in the stocks that I trade had
also decrease although I won't hesitate if I see a good
bargain with any selloff now.
Many stocks are near or at their support level now.
We have Genting at 2.10 and 2.11 being the next resistance
level. Golden Agri at 76cts facing the 77cts resistance
which is just a stone-throw away.
Look like we are going to have another few quiet sessions
for this week and the next.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Wednesday, December 22, 2010
Market View 22 December 2010
Wall Street ended in the green as "U.S. stocks
caught an updraft from the financial sector
Tuesday after a large banking acquisition heightened
expectations for more deals, and the S&P 500 Index
rose for the fourth straight session."
Dow up 55 points, S&P 500 gained 8 points
and Nasdaq advanced 18 points.
I am late in writing blog for today so I will make
it a short and sweet one.
Expect the market to be still in a joyous mood and
stocks will likely go up in this few days before the
Christmas feasting and celebration.
Genting rested on the 2.11 level again with a day-high
of 2.13 yesterday, I expect it to move toward the
2.18 resistance again, but should it close below
2.11 in this 3 days then it will move within range again.
Golden Agri will try and break the 77cts resistance
in as many tries, I expect it to hit the 80s if the strong
momentum continues.
A readers asked in the comment to what are the
Techs stocks worth a look-up. I will give you a few
example of the good potentials. Techs stocks like
Hi-P, Broadway, Sinotel, ECS, Trek, Innotek and UMS.
The list is not exclusive and conclusive and definitely
not exhaustive, but these are the few that is considered
great potentials to me.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
caught an updraft from the financial sector
Tuesday after a large banking acquisition heightened
expectations for more deals, and the S&P 500 Index
rose for the fourth straight session."
Dow up 55 points, S&P 500 gained 8 points
and Nasdaq advanced 18 points.
I am late in writing blog for today so I will make
it a short and sweet one.
Expect the market to be still in a joyous mood and
stocks will likely go up in this few days before the
Christmas feasting and celebration.
Genting rested on the 2.11 level again with a day-high
of 2.13 yesterday, I expect it to move toward the
2.18 resistance again, but should it close below
2.11 in this 3 days then it will move within range again.
Golden Agri will try and break the 77cts resistance
in as many tries, I expect it to hit the 80s if the strong
momentum continues.
A readers asked in the comment to what are the
Techs stocks worth a look-up. I will give you a few
example of the good potentials. Techs stocks like
Hi-P, Broadway, Sinotel, ECS, Trek, Innotek and UMS.
The list is not exclusive and conclusive and definitely
not exhaustive, but these are the few that is considered
great potentials to me.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Tuesday, December 21, 2010
Market View 21 December 2010
Wall Street closed mixed with Dow in the
negative region as "U.S. stocks tacked on further
gains to push the S&P 500 to a two-year high on
Monday, continuing a steady upward march investors
believe will continue in 2011.
Volume was light, as is expected through the rest of 2010."
Dow off 14 points, S&P 500 gained 3 points and
Nasdaq advanced 7 points.
Yesterday, the market and my watchlist were a pool
of red as profit-taking ruled the day and stocks got
sell-down. Will this trend continues? I believe that
bargain hunters will be lured in and the stocks will
be supported if any selling continues.
Genting is now in the 2.04-2.11 range after hitting day-low
2.05 and closing at 2.08 Expect both side to be tested but
I am still bullish bias on the stock.
For the palm stocks, First Resources will find support
at 1.38 and resistance will be seen at 1.46
Golden Agri will have 77cts as the major resistance
and any downside will be supported at 73cts.
I don't know whether the readers observe something
with the market now, but take note of the Tech stocks
as I noticed that they are still green although the rest
are bleeding.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
negative region as "U.S. stocks tacked on further
gains to push the S&P 500 to a two-year high on
Monday, continuing a steady upward march investors
believe will continue in 2011.
Volume was light, as is expected through the rest of 2010."
Dow off 14 points, S&P 500 gained 3 points and
Nasdaq advanced 7 points.
Yesterday, the market and my watchlist were a pool
of red as profit-taking ruled the day and stocks got
sell-down. Will this trend continues? I believe that
bargain hunters will be lured in and the stocks will
be supported if any selling continues.
Genting is now in the 2.04-2.11 range after hitting day-low
2.05 and closing at 2.08 Expect both side to be tested but
I am still bullish bias on the stock.
For the palm stocks, First Resources will find support
at 1.38 and resistance will be seen at 1.46
Golden Agri will have 77cts as the major resistance
and any downside will be supported at 73cts.
I don't know whether the readers observe something
with the market now, but take note of the Tech stocks
as I noticed that they are still green although the rest
are bleeding.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
Monday, December 20, 2010
Market View 20 December 2010
It is the Christmas trading week so will Santa give
us all a great present for this festive trading season?
From what I see from the market sentiment and charts,
it is likely that we will see actions surrounded the winners
stocks and the Blues. I note that some fund traders had
already closed their book and are on holiday, but there are
still enough liquidity left to support the market but not to the
stage that the market will be propelled to a high ground.
There will still have year-end window-dressing but the scale
of the dressing may not be that impressive, it will still come.
I saw the comment made by Cyndi and I thanks her for her
support and encouragement. However, I would like to stress
that I hope I am not making trading tips in my daily market view.
It is what I will do as a trader when I am dealing with the
mentioned stocks. It is a stock recommendation and I hope
it is not considered to be a tip. A bad tip will kick you to Holland
while I hope my recommendation will bring you to Money-land.
Genting is still resting on the support level with the next
important level hanging at 2.04 and 2.18 My view is that the
upside potential is higher than any downside slide. In this last
2 weeks of trading, it will consolidate although trending toward
the 2.18 resistance in as many tests and tries.
Ezion and Swiber are below 70cts and $1 respectively now
and their next support is coincidentally at 68cts and 98cts.
I missed their trading by a bid in its last attempt to surge
to new height but they will be very well-supported at the
current price range.
The palm oil stocks had done marvelously this year and
I hope that the readers had benefited from their surges.
If you did not gain from them this year, they will continue
to be the STAR next year although the winning margin
will be less impressive. First Resources will face very strong
resistance in the 1.50s from what I observed from its
daily action and charts. The consolidation in the 1.40s have
to be steady and firm for it to re-test the 1.50s.
Golden Agri lies at the 77cts level again and I still see it in
the 80s region very soon.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
us all a great present for this festive trading season?
From what I see from the market sentiment and charts,
it is likely that we will see actions surrounded the winners
stocks and the Blues. I note that some fund traders had
already closed their book and are on holiday, but there are
still enough liquidity left to support the market but not to the
stage that the market will be propelled to a high ground.
There will still have year-end window-dressing but the scale
of the dressing may not be that impressive, it will still come.
I saw the comment made by Cyndi and I thanks her for her
support and encouragement. However, I would like to stress
that I hope I am not making trading tips in my daily market view.
It is what I will do as a trader when I am dealing with the
mentioned stocks. It is a stock recommendation and I hope
it is not considered to be a tip. A bad tip will kick you to Holland
while I hope my recommendation will bring you to Money-land.
Genting is still resting on the support level with the next
important level hanging at 2.04 and 2.18 My view is that the
upside potential is higher than any downside slide. In this last
2 weeks of trading, it will consolidate although trending toward
the 2.18 resistance in as many tests and tries.
Ezion and Swiber are below 70cts and $1 respectively now
and their next support is coincidentally at 68cts and 98cts.
I missed their trading by a bid in its last attempt to surge
to new height but they will be very well-supported at the
current price range.
The palm oil stocks had done marvelously this year and
I hope that the readers had benefited from their surges.
If you did not gain from them this year, they will continue
to be the STAR next year although the winning margin
will be less impressive. First Resources will face very strong
resistance in the 1.50s from what I observed from its
daily action and charts. The consolidation in the 1.40s have
to be steady and firm for it to re-test the 1.50s.
Golden Agri lies at the 77cts level again and I still see it in
the 80s region very soon.
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.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
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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