Wall Street ended in the green as the indexes
reversed from early losses as "U.S. stocks rose
for a second consecutive day on Tuesday, led by
gains in shares of Goldman Sachs and strength in
beaten-down homebuilders and raw materials companies."
Dow was down 147 points at 10008 at one stage but
rebounded to close up 76 points, S&P 500 added
12 points and Nasdaq gained 24 points.
"Stock could extend gains for a third straight day as
futures rose after Apple Inc reported results that
surpassed Wall Street's forecasts."
Yesterday, many stocks were up but you really
need to be selective to win money from Mr Market
in recent days. Genting is looking to re-test the
1.22 resistance again, and should it succeed, it may
face the next resistance at 1.27
My yesterday's view on a number of stocks is
still valid, and I am following them myself.
If you feel that my market view recently is too
simple and short, that is because I wasn't given
any good indications from Mr Market. Volume
has been dropping for a handful of Hot stocks and
I know that the imminent will come, but the
issue is When? Some of the stocks remain to be
trade-able, so I am taking the chance to squeeze
the last few drops of juice out of them. It is quite
risky to trade nowadays, as the margins are not
as profitable as before, but I am staying put.
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
Wednesday, July 21, 2010
Tuesday, July 20, 2010
Market View 20 July 2010
Wall Street rebounded in overnight trade as "U.S.
stocks ended higher on Monday supported by strong
earnings but gains were limited by a drop in U.S. housing
data showing cracks in the recovery of the world's largest
economy." Dow up 57 points, S&P 500 added 6 points
and Nasdaq rose 19 points.
Yesterday most Hot stocks were in red except for a
few green leaves like Swiber. I believe that we will
also have a rebound play today but I will once again
stick to intra and contra trades and will clear out once
I sense blood in the air.
I will be focusing on the Hot stocks that I have mentioned
and in particular Genting (if it break the 1.22 resistance),
PEC (if it break the 81.5cts resistance), Sound Global
(Once it has stop moving along the 73.5cts level),
YZJ (heading toward the 1.50s), Longcheer (heading
toward the 52-week high 78cts). Looking at the pre-opening,
Sinotel seems like is brewing for something impressive
today, so I will look closely at it too.
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
stocks ended higher on Monday supported by strong
earnings but gains were limited by a drop in U.S. housing
data showing cracks in the recovery of the world's largest
economy." Dow up 57 points, S&P 500 added 6 points
and Nasdaq rose 19 points.
Yesterday most Hot stocks were in red except for a
few green leaves like Swiber. I believe that we will
also have a rebound play today but I will once again
stick to intra and contra trades and will clear out once
I sense blood in the air.
I will be focusing on the Hot stocks that I have mentioned
and in particular Genting (if it break the 1.22 resistance),
PEC (if it break the 81.5cts resistance), Sound Global
(Once it has stop moving along the 73.5cts level),
YZJ (heading toward the 1.50s), Longcheer (heading
toward the 52-week high 78cts). Looking at the pre-opening,
Sinotel seems like is brewing for something impressive
today, so I will look closely at it too.
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, July 19, 2010
Market View 19 July 2010
Just a short recap.
Wall Street closed deep in the red last Friday as
"Dismal consumer sentiment data and anemic revenues
from GE and two big banks slammed U.S. stocks on Friday,
driving down major indexes more than 2 percent.
The slide in the S&P 500 was a decisive break of an 8 percent
rise over the last two weeks as investors lost hope that strong
earnings could overcome doubts about the economic outlook."
Dow plunged 261 points or 2.52 percent, S&P 500 dropped
32 points or 2.88 percent and Nasdaq slid 70 points or 3.1
percent. Is this the beginning of a major fall? We shall see
how the market turn out in the next few days.
Obviously, the market and majority of the stocks are going
to open weak in the red, so is this a great shorting opportunity?
Frankly, I do shorting once in a while, but I don't today
is the day. On the contrary, I will be sitting on my
comfortable chair, watching the horror movie unveiled,
and waiting for green leaf or leaves to pop-up among the
reds in a pool of blood. Realistically, will any stock be
green today? I believe we will see some.
Recently, from what I understand, many retailers are still
on the sideline, and the major movement plays are done
by the BBs and the traders and a handful of daring and
willing retailers. If the stocks open deep in the red, then
I am very interested to grab hold of some goodies but I
doubt I will be seeing a Great Singapore Sales today.
As the day proceed, if there is no further deteriorating
of the US futures, then the market will have a steadier
closing. If not, then we will have a nasty and "beautiful"
closing to the liking of the traders.
Watch from the sideline if you want but when a green
pop-up, be prepare for the unexpected that more greens
may be in the pipeline.
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
Wall Street closed deep in the red last Friday as
"Dismal consumer sentiment data and anemic revenues
from GE and two big banks slammed U.S. stocks on Friday,
driving down major indexes more than 2 percent.
The slide in the S&P 500 was a decisive break of an 8 percent
rise over the last two weeks as investors lost hope that strong
earnings could overcome doubts about the economic outlook."
Dow plunged 261 points or 2.52 percent, S&P 500 dropped
32 points or 2.88 percent and Nasdaq slid 70 points or 3.1
percent. Is this the beginning of a major fall? We shall see
how the market turn out in the next few days.
Obviously, the market and majority of the stocks are going
to open weak in the red, so is this a great shorting opportunity?
Frankly, I do shorting once in a while, but I don't today
is the day. On the contrary, I will be sitting on my
comfortable chair, watching the horror movie unveiled,
and waiting for green leaf or leaves to pop-up among the
reds in a pool of blood. Realistically, will any stock be
green today? I believe we will see some.
Recently, from what I understand, many retailers are still
on the sideline, and the major movement plays are done
by the BBs and the traders and a handful of daring and
willing retailers. If the stocks open deep in the red, then
I am very interested to grab hold of some goodies but I
doubt I will be seeing a Great Singapore Sales today.
As the day proceed, if there is no further deteriorating
of the US futures, then the market will have a steadier
closing. If not, then we will have a nasty and "beautiful"
closing to the liking of the traders.
Watch from the sideline if you want but when a green
pop-up, be prepare for the unexpected that more greens
may be in the pipeline.
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, July 16, 2010
Market View 16 July 2010
Wall Street closed unchanged "on Thursday,
recouping losses late in the day, led by a sudden
turnaround in Goldman Sachs and BP. Dow was
down 126 points at a stage but recovered to closed
down 7 points. S&P 500 up 1 points while Nasdaq
dropped 0.76 points.
Yesterday, most stocks took a break and price
retraced after recent surge, but Longcheer which
I mentioned yesterday buck the general market
trend and race forward, although it closed in a
unfavourable fashion.
I see that the stocks are going to be range-bound
today again, and given it is Friday, we may not
see as much actions. PEC will test the 81.5cts
level again, and Genting will try for the 1.22
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
recouping losses late in the day, led by a sudden
turnaround in Goldman Sachs and BP. Dow was
down 126 points at a stage but recovered to closed
down 7 points. S&P 500 up 1 points while Nasdaq
dropped 0.76 points.
Yesterday, most stocks took a break and price
retraced after recent surge, but Longcheer which
I mentioned yesterday buck the general market
trend and race forward, although it closed in a
unfavourable fashion.
I see that the stocks are going to be range-bound
today again, and given it is Friday, we may not
see as much actions. PEC will test the 81.5cts
level again, and Genting will try for the 1.22
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
Thursday, July 15, 2010
Market View 15 July 2010
Wall Street ended mixed but Dow continue to
rise for a 7 consecutive days while S&P 500
snapped a 6-day run to close marginally down.
" U.S. stocks broke a six-day winning streak on
Wednesday, with the S&P 500 ending a hair lower
after the Federal Reserve suggested additional
measures may be needed to combat a weakening
economy." Dow reversed from day-low to close
up 3.7 points, Nasdaq gained 8 points while S&P 500
down 0.17 points.
If you were watching the market yesterday, you will
noticed that the market went into a frenzy in the last
1.5 hours and many stocks run wild and high.
Stocks like Sound Global, Broadway "suddenly" become
hyper-active and it was great that I did not take my
eye of the screen or took a early break from the market.
Stocks will open slightly weaker today but I see that
we will still have some greens popping up. PEC crossed
the 81.5cts resistance yesterday with volume and
momentum, and it will be "fun" to watch whether it will
continue its run. The next resistance stands at 86.5cts
and the recent 81.5cts resistance will turn into a
supporting level.
I mentioned Longcheer in the blog days ago but since
then the stock is in a resting period until yesterday late
afternoon. It should make a charge for the recent
52-week high of 78cts but the 73cts support need
to stand. A few readers asked me about Global Palm
yesterday which also moved in late afternoon. It seems
that a handful of readers have since my recommendation
put it into their watchlist and noticed its surge yesterday.
I can only say that although it break the immediate resistance
34cts yesterday but I will only be interested when it
hit or break 37cts. The rest of the stocks as mentioned
yesterday are still in the trading range and I will be
interested when either side is taken out.
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
rise for a 7 consecutive days while S&P 500
snapped a 6-day run to close marginally down.
" U.S. stocks broke a six-day winning streak on
Wednesday, with the S&P 500 ending a hair lower
after the Federal Reserve suggested additional
measures may be needed to combat a weakening
economy." Dow reversed from day-low to close
up 3.7 points, Nasdaq gained 8 points while S&P 500
down 0.17 points.
If you were watching the market yesterday, you will
noticed that the market went into a frenzy in the last
1.5 hours and many stocks run wild and high.
Stocks like Sound Global, Broadway "suddenly" become
hyper-active and it was great that I did not take my
eye of the screen or took a early break from the market.
Stocks will open slightly weaker today but I see that
we will still have some greens popping up. PEC crossed
the 81.5cts resistance yesterday with volume and
momentum, and it will be "fun" to watch whether it will
continue its run. The next resistance stands at 86.5cts
and the recent 81.5cts resistance will turn into a
supporting level.
I mentioned Longcheer in the blog days ago but since
then the stock is in a resting period until yesterday late
afternoon. It should make a charge for the recent
52-week high of 78cts but the 73cts support need
to stand. A few readers asked me about Global Palm
yesterday which also moved in late afternoon. It seems
that a handful of readers have since my recommendation
put it into their watchlist and noticed its surge yesterday.
I can only say that although it break the immediate resistance
34cts yesterday but I will only be interested when it
hit or break 37cts. The rest of the stocks as mentioned
yesterday are still in the trading range and I will be
interested when either side is taken out.
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, July 14, 2010
Market View 14 July 2010
Wall Street is up for 6 consecutive days "after Alcoa's
quarterly results heartened investors that had fled to the
sidelines on jitters about the sustainability of the economic
recovery. Markets looked set to get another earnings-driven
boost Wednesday after Intel Corp reported results that beat
expectations after the market closed. The chipmaker also
gave a stronger-than-expected sales forecast."
Dow surged 147 points, S&P 500 added 17 points
and Nasdaq rose 44 points.
Last few trading sessions had been quite a standard
chore for me, and maybe also for some readers.
Many stocks are stuck in the trading range and are
capped by the resistance level that I have given.
Genting still cannot break above 1.22 yet, Sound Global
will be supported at 73.5cts and like what I said,
will move along it.The rest of the stocks' opinion
is in yesterday's blog and the stocks are likely to be capped
even for today and maybe this week.
I noticed 2 stocks, a C and S stocks that are under
accumulation stage, and the chart is pointing to a
good decent breakout soon. I will keep watch at it
for the time being and hope that the formation is turning
out fine, and we will have a good time with its surge.
No point guessing what the stock is, and it is not
those stocks that I already watching like CSE, CWT,
Sinotel, Swiber. It will be revealed in due time only when
the breakout is imminent and the market condition is
behind it.
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
quarterly results heartened investors that had fled to the
sidelines on jitters about the sustainability of the economic
recovery. Markets looked set to get another earnings-driven
boost Wednesday after Intel Corp reported results that beat
expectations after the market closed. The chipmaker also
gave a stronger-than-expected sales forecast."
Dow surged 147 points, S&P 500 added 17 points
and Nasdaq rose 44 points.
Last few trading sessions had been quite a standard
chore for me, and maybe also for some readers.
Many stocks are stuck in the trading range and are
capped by the resistance level that I have given.
Genting still cannot break above 1.22 yet, Sound Global
will be supported at 73.5cts and like what I said,
will move along it.The rest of the stocks' opinion
is in yesterday's blog and the stocks are likely to be capped
even for today and maybe this week.
I noticed 2 stocks, a C and S stocks that are under
accumulation stage, and the chart is pointing to a
good decent breakout soon. I will keep watch at it
for the time being and hope that the formation is turning
out fine, and we will have a good time with its surge.
No point guessing what the stock is, and it is not
those stocks that I already watching like CSE, CWT,
Sinotel, Swiber. It will be revealed in due time only when
the breakout is imminent and the market condition is
behind it.
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, July 13, 2010
Market View 13 July 2010
I have to admit that I missed posting yesterday's market
view because I overslept after watching the World Cup
final. Sorry for any inconvenience caused. I then took the
day off to head to town to do some shopping and see-look
around as I believe it will be a quiet scene after all the
excitement die-off. It is good to see that I did not miss
much market action yesterday as the stocks hardly moved.
=============================================
Wall Street ended in the green prior to the
beginning of the reporting season. Dow gained
18 points, S&P 500 added 0.79 point and Nasdaq
up 1.9 points. "Volume was among the lightest of the
year with investors wanting to see if corporate outlooks
validate last week's surge, the strongest week in a year.
Earnings are "going to be the test to the durability of the
bounce that started last week."
For today, I will give the support and resistance level
of some hot stocks, and hope that the readers will
benefited from it.
I believe most readers are interested in Genting but
my view on it is the same as last week as it is still
trading in a tight range. Resistance will be seen at
1.22 and support is at 1.15
Cosco will meet resistance at 1.58 and is supported
at 1.50
Sound Global like what I said will move along 73.5cts
and it has been proven the case for the last few sessions.
Resistance is at 77.5cts YZJ will likely be capped at 1.47
with support at 1.39 PEC's resistance is the same at 81.5cts
and supported at 77cts
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 because I overslept after watching the World Cup
final. Sorry for any inconvenience caused. I then took the
day off to head to town to do some shopping and see-look
around as I believe it will be a quiet scene after all the
excitement die-off. It is good to see that I did not miss
much market action yesterday as the stocks hardly moved.
=============================================
Wall Street ended in the green prior to the
beginning of the reporting season. Dow gained
18 points, S&P 500 added 0.79 point and Nasdaq
up 1.9 points. "Volume was among the lightest of the
year with investors wanting to see if corporate outlooks
validate last week's surge, the strongest week in a year.
Earnings are "going to be the test to the durability of the
bounce that started last week."
For today, I will give the support and resistance level
of some hot stocks, and hope that the readers will
benefited from it.
I believe most readers are interested in Genting but
my view on it is the same as last week as it is still
trading in a tight range. Resistance will be seen at
1.22 and support is at 1.15
Cosco will meet resistance at 1.58 and is supported
at 1.50
Sound Global like what I said will move along 73.5cts
and it has been proven the case for the last few sessions.
Resistance is at 77.5cts YZJ will likely be capped at 1.47
with support at 1.39 PEC's resistance is the same at 81.5cts
and supported at 77cts
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)