Showing posts with label Hang Seng. Show all posts
Showing posts with label Hang Seng. Show all posts

Sunday, January 26, 2014

Stocks Crash?

Dow Jones Index posted a 300 pts down on Friday night, is this the beginning of a crash?

Hang Seng looks to the south.

STI is very weak since last winter and continues to be bearish.

Sunday, January 12, 2014

The Weekly Review

Dow Jones Index seems to be losing steam for its rally and has been very volatile.

Hang Seng also at a tipping point between a rebound for CNY or crash.

STI is weird, a slow crawl upwards?

Sunday, January 5, 2014

The Weekly Review

First day of 2014, Dow Jones Index fell. Doesn't seem like an easy year to be bullish.

Hang Seng is quite stuck at the moment with no clear indication of a trend

STI blew a big bear candle on the 2nd day of trading. Singapore stocks are all very depressed compared with the bullish DOW during Christmas week.

Sunday, December 22, 2013

The Weekly Review

Dow Jones have a big comeback after a few drops. Can it continue to rally?

Yet Hang Seng has not seen a rally.

STI is bouncing off a low.

Sunday, November 17, 2013

The Weekly Review

EURUSD seems to be stubborn and bounce while AUDUSD might look to go up for awhile.

US Stocks

Dow Jones has broken up from its consolidation and seems to be pushing higher.

Hongkong Stocks

Hang Seng Index is in another consolidation. Might go into bull if it breaks up.

Singapore Stocks

STI seems to be recovering and getting ready to rally.


Saturday, October 12, 2013

The Weekly Review: Strong Rebound!

EURUSD turned into a weakness and now in the middle consolidation. Aussie is strong in here as there seemed to be more room to go. USDJPY bouncing back in the consolidation. Will it break up?

While EURUSD is weak, EURJPY is strong. In fact all JPY crosses are strong with the exception of GBPJPY. Biggest winners were EURJPY and AUDJPY.

US Stocks

The Dow Jones Index staged a strong rebound after the Fed Minutes. While you were worrying about the US shutdown and dumping your stocks, the big boys were constantly buying up. Hence the result of a strong rebound!

Apple in a consolidation. 

Hong Kong Stocks

Hang Seng Index is now in a consolidation range. China's trade balance is just up with worse than expected results of 15.2B instead of forecast of 25.2B. So how will the market will turn up? Down?


Singapore Stocks

Straits Times Index had a strong rebound also. Friday was a down day as people took their profits.

Noble Group had a breakout after a consolidation. The big boys started buying already at the consolidation phase at around 0.80 and if you spotted their buying you are now in big profit!

Wilmar in a certain consolidation also. Look out for it.

Gold

Gold continues to slide. How low will it slide? Good to be short Gold. Just beware of sharp stop hunt by insidious big boys.

Sunday, October 6, 2013

The Weekly Review: Rebound of Dow Jones

EURUSD ended with a damper on Friday. Is it a correction? AUDUSD seems to consolidate but looking strong while USDJPY still stuck in consolidation.

US Stocks

Dow Jones Index rallied on Friday (could be just a short covering). Based on my chart, there is still some more to go before reaching its support. So watch for it next week.

Hong Kong Stocks
Hang Seng Index has a bit of jumpy mood. Where is it heading? Currently it looks like it's in a downward bias.

Singapore Stocks
Seems like Capitaland is continuing the selldown from its consolidation last week.

Has Noble Group finished its accumulation and pushing to new highs?

Friday was a historical day for penny stocks as something big happened. 3 stocks were suspended for their sudden big fall in value after a such a big run up. One of them is Blumont, which I believe alot of punters were punting. And I guess its because of recent popularity of punting penny stocks in Singapore has caused an excessive push in value. And given high manipulative nature of these penny stocks, fall will ensure to trap retail investors. But to this magnitude, its the biggest I have ever seen! I believe many poor retailers were burnt very badly and worst if they were in contra. This is just scary.

Saturday, September 14, 2013

The Weekly Review: Nice Rally

EURUSD fared well this week but still very volatile on the last two days of the week. AUDUSD seems to be going up but that a few pinbars on the daily and another pinbar on the weekly chart has me on the conservative side. USDJPY still forming a consolidation pattern before that huge breakout.

US Stocks

The Dow Jones Index has a very nice straight rally with a pause on Thursday and continuation on Friday. Will it go higher?

Apple gapped down after its announcement of the new iPhones.

Hongkong Stocks

Hang Seng Index is having a pause here after a few days of gaps up and rally.

Singapore Stocks

STI seeing another pause and probably a consolidation.

Noble Group had a good rally on Thursday. Sold down by profit taking on Friday. Will more rally to come?

I completely missed out on Ezra. Too bad it should have been a good trade.

Yangzijiang was also another good stock that BBs were trading.

Sunday, August 25, 2013

The Weekly Review

EUR/USD tried to push higher this week while EUR/JPY continues to form a consolidation. AUD/USD has been very volatile this week ending a down with a higher low.

US Stocks

Dow Jones gave a good rise and had a great fall. It seemed to reach a first support on Thursday. Will it continue higher?

Apple reaching its first resistance in preparation for its official announcement of their new iphones.

Singapore Stocks

Kepland has been a profitable trade for the week as it failed to climb and falls further. However there was a pullback at the end of the week.

How low will Noble Group get? Watch for it!

Last week I was talking about a impending further loss in REITs, and it happened! BBs were all dumping REITs! Only reaching a first support on Thursday or Friday.

Hong Kong Stocks

Hang Seng had sharp rally on Thursday. Will it continue to move up or it is just a correction?

Commodities

Gold continues to move up for the week. More rally to be expected.

Saturday, June 8, 2013

The Weekly Review: Another Crazy Week

EUR/USD continued the upward bounce from last week due to the fall of the dollar. EUR/JPY had a slight weakness and fell but recovered on reaching its support. AUD/USD remained weak.

USD/JPY had a long fall due to weaking dollar and rising Yen for that week. It has currently bounced off a support on Friday after the NFP report as many traders took to take profit or was caught in a squeeze.

US Stocks

Dow Jones Index bounced off sharply after reaching support and also on Friday's NFP report.

Apple is going to unveil its new products soon in the upcoming WWDC. How will it stock react?

Hong Kong Stocks

Became interested in Hang Seng Index recently because of its potential big profits when you are trading long term in it despite its volatility. Hang Seng ended down for the week. Futures from Friday night indicated a slight bounce. So it might open up on Monday.

Singapore Stocks

Properties like Kepland continues to slide in the week.

REITS holders, are you panicking?

Wilmar isn't spared from the fall too. Broke past its support.

Commodities

Gold is still bouncing around as it failed to move any higher. If it breaks further, then it will be a long way down to cheaper gold.