Alex SG
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ColumnsUpcoming Events - December Financial Event Calendar
Historically, December has been a month where investors need not worry about stock market performance, especially in pre-presidential election years. While the initial weeks may experience some instability due to tax loss selling and November's momentum, December generally yields positive results for investors, according to the Stock Trader's Almanac by Jeffrey Hirsch.
Check out key events in Devcember here:
$S&P 500 Index(.SPX.US$$Dow Jones Industrial Average(.DJI.US$$NASDAQ 100 Index(.NDX.US$$Nasdaq Composite Index(.IXIC.US$
Check out key events in Devcember here:
$S&P 500 Index(.SPX.US$$Dow Jones Industrial Average(.DJI.US$$NASDAQ 100 Index(.NDX.US$$Nasdaq Composite Index(.IXIC.US$

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Alex SG
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$IFAST(AIY.SG$
iFast has broken out of the 8.06 resistance. It may rise to around 8.30.
iFast has broken out of the 8.06 resistance. It may rise to around 8.30.
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Alex SG
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$IFAST(AIY.SG$
I think much of iFast shares have already priced in the UBS report.
UBS has maintained a"buy" on iFast and upgraded its tp to $10 from $6.50.
Investors' interest in iFast has declined over the last couple years, note UBS analysts Aakash Rawat and Benjamin Tan.
Most of the concerns appear to be in the rear-view mirror with the outlook looking better from here, say the UBS analysts.
'Is it time to revisit iFast?' UBS nearly doubles its target price to $10 on Hong Kong growth
I think much of iFast shares have already priced in the UBS report.
UBS has maintained a"buy" on iFast and upgraded its tp to $10 from $6.50.
Investors' interest in iFast has declined over the last couple years, note UBS analysts Aakash Rawat and Benjamin Tan.
Most of the concerns appear to be in the rear-view mirror with the outlook looking better from here, say the UBS analysts.
'Is it time to revisit iFast?' UBS nearly doubles its target price to $10 on Hong Kong growth
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Alex SG
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S&P500 Weekly Chart Analysis - Will it go against logic?
Bull Flag Retracement (See Chart 1)
- Bull Flag from 13 Mar, recent pullback was to Fibonacci 61.8
Bear Flag Retracement (See Chart 2)
- Bear Flag since 3 Mar 2023, current price action has retraced to Fibonacci 78.6 (even breaking above it past week)
What does it mean?
- A support at 61.8 for bull flag does show a somewhat bullish outcome given the strength it bounce off
- A prolonged stay above Fib 61.8 on the bear flag) and now even...
- Bull Flag from 13 Mar, recent pullback was to Fibonacci 61.8
Bear Flag Retracement (See Chart 2)
- Bear Flag since 3 Mar 2023, current price action has retraced to Fibonacci 78.6 (even breaking above it past week)
What does it mean?
- A support at 61.8 for bull flag does show a somewhat bullish outcome given the strength it bounce off
- A prolonged stay above Fib 61.8 on the bear flag) and now even...


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Alex SG
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AMD looks for 134; But will it pull back first?
AMD looks for 134; But will it pull back first?
Price stronghold
- AMD has a few good levels of support - 109, 102 and 94
- Does not mean strong levels cannot be broken down below; It does mean that if it does not hold, there are quite some bearish strengths in the wind
- All MA lines are up
- RSI has a slight bearish divergence though which does point to some pullback soon
- Recent earnings really broke AMD out of a controlled sell and naturally f...
Price stronghold
- AMD has a few good levels of support - 109, 102 and 94
- Does not mean strong levels cannot be broken down below; It does mean that if it does not hold, there are quite some bearish strengths in the wind
- All MA lines are up
- RSI has a slight bearish divergence though which does point to some pullback soon
- Recent earnings really broke AMD out of a controlled sell and naturally f...

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Alex SG
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$IFAST(AIY.SG$
Lim & Tan report on iFast.
At $7.97, market cap of iFast is SGD2.3b, trailing 12-mth P/E is high at over 140x, current P/B is 9.8x and dividend yield is 0.6%.
iFast announced the official launch of iFAST Global Hub.ai in Malaysia, a pivotal initiative in the Group's 3-Year Growth Plan to become a prominent global player in digital banking, wealth management, and pension administration solutions.
In line with iFAST's growth plan, iFAST Global Hub.ai is excited to announce its inte...
Lim & Tan report on iFast.
At $7.97, market cap of iFast is SGD2.3b, trailing 12-mth P/E is high at over 140x, current P/B is 9.8x and dividend yield is 0.6%.
iFast announced the official launch of iFAST Global Hub.ai in Malaysia, a pivotal initiative in the Group's 3-Year Growth Plan to become a prominent global player in digital banking, wealth management, and pension administration solutions.
In line with iFAST's growth plan, iFAST Global Hub.ai is excited to announce its inte...
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Alex SG
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$Rex Intl(5WH.SG$$RH PetroGas(T13.SG$$Dyna-Mac(NO4.SG$$Crude Oil Futures(JAN4)(CLmain.US$
Oil prices rallied on Mon, rising a wave optimism that major oil producers could discuss deepening output cuts when they meet later this month.
Brent contract climbed 2.1% to USD82.32, while WTI crude futures settled 2.3% higher at USD77.60.
The crude benchmarks gained around 4% on Fri and have continued to rise Mon after Reuters reported, citing sources, that OPEC+ is set to consider whether to make ad...
Oil prices rallied on Mon, rising a wave optimism that major oil producers could discuss deepening output cuts when they meet later this month.
Brent contract climbed 2.1% to USD82.32, while WTI crude futures settled 2.3% higher at USD77.60.
The crude benchmarks gained around 4% on Fri and have continued to rise Mon after Reuters reported, citing sources, that OPEC+ is set to consider whether to make ad...
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Alex SG
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$DBS Group Holdings(D05.SG$
My assessment is that banking stocks are in downtrend due to lower intetest expectation. Will sell DBS if there is a technical rebound to 33.
The current bull run for banking stocks is likely over. Hope there is a dead cat bounce
My assessment is that banking stocks are in downtrend due to lower intetest expectation. Will sell DBS if there is a technical rebound to 33.
The current bull run for banking stocks is likely over. Hope there is a dead cat bounce
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