Sunday, December 2, 2012

The Weekly Review: It's December!

The EUR had a very small short before it is rocketed up again by news that the fiscal cliff will not be a big problem. Hence you can see the supporting pinbar on the EUR/USD. EUR/JPY now sports a small pinbar from Friday's trade. However long term wise it is still a long for EUR crosses.

US Stocks

Google has been recovering from its big selldown.
US will likely still head higher till next year unless the fiscal cliff problem is not solved and will hit stocks hard. Very hard.

Singapore Stocks

Is Yangzijiang ready to move up or will it still hit a ceiling?

 Yet NOL and Coscocorp had a very big selldown on Friday. Is it a trick by the BBs?

Property stocks continue its run up. Capitaland, CapMallsAsia, Kepland, Yanlord are all moving up.

GLP has caught my eye as it had a very big bearish pinbar indicating a probable end to its bull run.

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