Singapore Stock Lobang

Friday, March 22, 2013

Market View 22 March 2013

Wall Street fell in overnight traded as lingering
worries over the Cyprus and Eurozone concerns
took centre-stage or is it really the case as reported.
You see, a drop of water can cause a huge ripple
but it can also make a mountain out of a molehill.
To me, there are lots of hot-air and BS spreading
now. I still maintain my positive outlook and treat
the current market situation as a plain profit-taking
exercise and in time, we will look back and think,
"What was I thinking that time?".

Seriously, I am looking at stocks that have touch
the ground after being in the air for a few seconds.
Will the stock form a squatting position before
the jump again? I am expecting a straight rebound
this time though.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-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

别人笑我太疯颠，我笑别人看不穿

Thursday, March 21, 2013

Market View 21 March 2013

When I said that many stocks were in a
squatting position last Friday, many readers
asked me what will happen next? Well...
in order to jump higher and stronger, we
adopt a squatting position to propel and
assist us in our explosive next action.
This is actually what happened to a couple
of stocks right now, even the same case for
some penny stocks too. So after the jump,
what's next? Very simple, how long can you
stay in the air? If you are not Michael Jordan,
then I believe you can only "air-move" for just
a very short while. Expect to see the same case
for our stocks. I am all ready to pick up stocks
back into their squatting position again.

Wednesday, March 20, 2013

Market View 20 March 2013

First and foremost, before I forgot to mention
again, I received several feedback from the
readers and members that this blog's backgroud
and wording colour is not "user-friendly" to the
eyes. Some commented that the eyes will feel
uncomfortable after looking at this blog for a while.
I am going to open up this issue for discussion.
Please leave a comment about your view on this
blog's design colour and whether there is a need
to change. Any comment is welcomed and it is
for the common benefits of all the blog visitors.
Thank you in advance for the in-coming comments.
QUICKLY, TELL ME YOUR VIEW.

Next, we come back to the stock market...
A few readers asked me about Rowsley yesterday
after I mentioned the stock in the blog. Ok, for the
fundamental side, you can read up about its business
and what it is going to do in the SGX announcement.
Technical wise, I expect the stock to face further
weakness and selling as I believe there is still an
overhang of many "stuckists" bought at high price.

Tuesday, March 19, 2013

Market View 19 March 2013

Unavoidably, I received many questions and enquiry
on whether the market is going to have a deep
correction or just a normal slight profit-taking session.
Frankly, I really don't see any event that will derail
the current market sentiment and momentum right
now, all the way till 30th June. I believe that after
a short commercial break, the market is going to
get crazy once again and we will see rotational play
changing hand very regularly. By the way, some
readers asked me about the main attraction of the
penny stocks right now: Rowsley. Well, I have looked
at the chart and also its fundamental, it seems like
I am buying into its vision and future propsects.
I will update further about the stock....

Next, it seems that my "old" blog Singapore Stock Reports For You
is getting quite a good debut. From the record, there were
about 250 visits and I can't have any complain about it.
If you have any comment or suggestion, just let me know.

Monday, March 18, 2013

Market View 18 March 2013

If you are a investor/trader with a keen eye over
what really happened to the stock market, then
you should observed and noticed some "strange
irregularities" in many stocks at Friday's closing.
Well, the banks and the property counters got
hit hard during the closing matching time.
For myself, I am more particularly interested in
what happened to the stocks in my watchlist.
For example, the palm-oil counters,
At 4.59pm, Golden Agri last traded at 60.5cts,
and at matching, it closed at 59cts with a 74 million
shares matched.
Indo Agri, about 6 million shares matched at closing
price of 1.19
Wilmar last traded at 4.59pm at 3.35 and closed
at 3.32 with 26 million shares matched.
First Resources also had about 7 million shares matched
at 1.84

Other "incredible" matched closing price include stocks
like Olam. It was last traded at 1.68 before being matched
and closed at 1.625 with a 20 million shares selling-down.
HPH Trust was last traded at 82cts before closing matched
at 83.5cts with 13 million shares.
Yanlord last traded at 79cts and closed at 80.5cts with a
2 million shares buy-up.
GLP was at 2.63 at 4.59pm and closed on a matched
price of 2.66 with 23 million shares buy-up.
The list can go on and on, but other stocks that I observed
include United Envirotech, Sound Global, Goodpack,
Geoenergy, Suntec Reits, Capitaland, Genting and even Metro.

If you ask me, I can only say that this should be the doing
of the funds doing portfolio balancing and adjustment.
Some funds financial year will close at month-end so they
maybe taking good profits from their winner stocks and
buying into bargains spotted. I won't want to read too much
into what I have shared, but you can form your own opinion.

Next, I have re-opened a blog Singapore Stock Reports For You,
and those readers who have been with me for a long time
will probably have been to the site before. It was a blog set-up
way back in 2008 and "ceased operation" around 2010.
I have re-open it with a new purpose and it is all explained
in the blog itself. I will publish those headline by the local
brokerage in the blog with target price. Hope that it will
benefit the readers and members.

Friday, March 15, 2013

Market View 15 Match 2013

Many members asked me why is it that the
US market keep on surging on record high
for many day, but our market remains weak
and the stocks are even retracing. Well...
I can only say that it is always good to take
a break after a great move over the last
couple of month. There are lots of somewhat
better-than-expected and buoyant data and
result coming from Uncle Sam, and it look like
that they will remain in the limelight for the time
being. But do take note, all market will eventually
need to take a rest and subjected to profit-taking
and price consolidation, regardless of how strong
it is doing right now.

I have been through many stock charts recently,
and I will use the example, that I believe that
many stocks are in a squatting position. It is to
say that they are getting ready to jump up yet
again. This is my personal view and it may not
materialised or to the exact scale as expected.

Thursday, March 14, 2013

Market View 14 March 2013

Many stocks took a rest yesterday but there
are still a couple of greens like Courts Asia
and STX OSV. Well, you can say that Courts
Asia's surge is because of the recent Maybank
report with its 1.45 target price, I will just take
it that it is a technical breakout. STX OSV fell
below the offer price of 1.22 for a short moment
and rebounded. Actually, all those who asked me
about OSV recently, I will reply with a Buy on weakness.
The fundamental of the company never change,
in fact, it should be able to benefit from a stronger
owner and parent company, rather than required
to assist its former ailing owner. If you still want to
buy and get something on a discount or bargain
right now, look out for the greens.