Santa Claus rally or Santa Claus BBQ?
Hello all, the broad market is showing a very potential key reversal signal after last session of bullish candle.
I think most investors are awaiting CPI and FOMC decision or minutes.
If it can break the previous swing high the current down trend is over.
The market will enter a consolidation phase or new bull market depends on the volume.
Two key events:
CPI data today 930am Singapore time.
FOMC statement on Thursday 3am
Will share the charts tonight
I think most investors are awaiting CPI and FOMC decision or minutes.
If it can break the previous swing high the current down trend is over.
The market will enter a consolidation phase or new bull market depends on the volume.
Two key events:
CPI data today 930am Singapore time.
FOMC statement on Thursday 3am
Will share the charts tonight
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Year 2023- Sector outlook. Which sector is going strong?- part 1
Today we will focus on the sector analysis again.
Year 2022 is coming to the end, not sure if Santa Claus rally will be coming, but let us analyse the potential leading sector in year 2023. Get the fund ready!
A quick analysis on Index:
Dow Jones industrial:
The strongest index among 3. The weekly MA30 is starting to slope up. Price is above MA30 for one month.
SPX
Overall is down-trend. MA30 is flattening. Price is above MA30. We s...
Year 2022 is coming to the end, not sure if Santa Claus rally will be coming, but let us analyse the potential leading sector in year 2023. Get the fund ready!
A quick analysis on Index:
Dow Jones industrial:
The strongest index among 3. The weekly MA30 is starting to slope up. Price is above MA30 for one month.
SPX
Overall is down-trend. MA30 is flattening. Price is above MA30. We s...
+7
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Option trading- My 3 cents on how to be a profitable trader
Option trading is not easy. Instead, to me, option is one of the most complicated tools in trading.
Stock- we just buy and sell, or short sell then short covered.
Future- Buy and sell
Option- It is not as easy as buy or sell. By contrast, one strategy can have buys and sells for either one direction or no direction. Butterfly, iron condor, spread, blar blar blar
And yes, by using right strategy and be discipline enough, option is one o...
Stock- we just buy and sell, or short sell then short covered.
Future- Buy and sell
Option- It is not as easy as buy or sell. By contrast, one strategy can have buys and sells for either one direction or no direction. Butterfly, iron condor, spread, blar blar blar
And yes, by using right strategy and be discipline enough, option is one o...
+2
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Thanksgiving 2022 event: Setbacks make a better investors
Hello everyone, I am pretty sure this year, is a year that is "memorable" as bear is hitting the market. We have been a long bull market previously, or a fast and furious V-shape recovery of Covid-19 crash (bear), thus, this longer term bear market definately has upset many investors.
However, instead of getting upset, we should use this as an oppurtinity to review ourselves, both strategies and mindset in investings, to be a better us. I...
However, instead of getting upset, we should use this as an oppurtinity to review ourselves, both strategies and mindset in investings, to be a better us. I...
+7
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Dow Jones 30 components- Which sector(s) is strong?
Disclaimer: This is not a stock tip. My post is for information only.
Followed by my previous post, Dow Jones 30 is the strongest US index among three (SPX and IXIC).
Next, let us see which sector within the Dow Jones are showing strength, and these stocks are the potential runner for the next few months and lead the market.
First, let us check the stocks with potential to be in an early bull-run (stage 1 to early 2) or already in bull-run (sta...
Followed by my previous post, Dow Jones 30 is the strongest US index among three (SPX and IXIC).
Next, let us see which sector within the Dow Jones are showing strength, and these stocks are the potential runner for the next few months and lead the market.
First, let us check the stocks with potential to be in an early bull-run (stage 1 to early 2) or already in bull-run (sta...
+2
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Market analysis (27Nov2022)- The index that showing strength is HERE!
Now, let us look on the general market analysis.
S&P500-Weekly chart
Down-trend is still prevailing. Lower low and lower high.
MA30 is sloping down. Although the price is closing above the MA30, but the current key level is $430, or at least consolidating above MA30 so the base can be formed.
If we look on the volume, the sold off still brought higher volume, and the recent price increases do not really show significant volume....
S&P500-Weekly chart
Down-trend is still prevailing. Lower low and lower high.
MA30 is sloping down. Although the price is closing above the MA30, but the current key level is $430, or at least consolidating above MA30 so the base can be formed.
If we look on the volume, the sold off still brought higher volume, and the recent price increases do not really show significant volume....
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Current macro-analysis for the market. Is the worst over?????
Macro-analysis
Hello all, have been a while I posted here. I admitted I lost focus last 3 weeks as I had been focusing on Malaysian elections.
But in fact, while it “seems” the market is doing good. Let us check the current macro first,
Regarding to the macro, inflation is still the current main focus. Just a quick recap on why inflation is important to the market movement: Inflation is out of control, FED will be still raising intere...
Hello all, have been a while I posted here. I admitted I lost focus last 3 weeks as I had been focusing on Malaysian elections.
But in fact, while it “seems” the market is doing good. Let us check the current macro first,
Regarding to the macro, inflation is still the current main focus. Just a quick recap on why inflation is important to the market movement: Inflation is out of control, FED will be still raising intere...
+1
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Important event coming!
Hello all!
October is nice, but... it is not the ends yet. CPI is still high, and FED is still maintaining its hawkishness. In addition, the earning results, are not really convincing.
Let us see what to take note for the next key event.
Thursday 2am, there will be a very important event:
Rate hike is confirmed or anticipated for 0.75%, so we are not interested in it. it is a known event.
What we are looking are the 2 key messages:
i) What is the current FED opinion on...
October is nice, but... it is not the ends yet. CPI is still high, and FED is still maintaining its hawkishness. In addition, the earning results, are not really convincing.
Let us see what to take note for the next key event.
Thursday 2am, there will be a very important event:
Rate hike is confirmed or anticipated for 0.75%, so we are not interested in it. it is a known event.
What we are looking are the 2 key messages:
i) What is the current FED opinion on...
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General market analysis:
SPY:
The support at $360 is still holding strong. This is the level where bull and bear are fighting hard to each other. If we look on the weekly chart, if the $360 does not hold, the next key support would be $310. That is the level where before the covid-19 crash in year 2020.
If it really happens, I anticipate that would be the potential bottom. But, we still have to see how well the $360 can hold. If based on the stage analysis, the MA30 is still clearly sloping down...
SPY:
The support at $360 is still holding strong. This is the level where bull and bear are fighting hard to each other. If we look on the weekly chart, if the $360 does not hold, the next key support would be $310. That is the level where before the covid-19 crash in year 2020.
If it really happens, I anticipate that would be the potential bottom. But, we still have to see how well the $360 can hold. If based on the stage analysis, the MA30 is still clearly sloping down...
+5
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Market analysis- 09Oct2022
Okie, let’s look at the market. As I am very busy recently, my post is a lot slower. But, I am still monitoring the market closely. Today, the posts will be long, and the contents are as below:
i) Current market- $SPDR S&P 500 ETF(SPY.US$
ii) Oil price
iii) My trade based on stage analysis
i) To be honest, after the last month CPI showed that the inflation is still not under controlled, the big sell off volume ha...
i) Current market- $SPDR S&P 500 ETF(SPY.US$
ii) Oil price
iii) My trade based on stage analysis
i) To be honest, after the last month CPI showed that the inflation is still not under controlled, the big sell off volume ha...
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