Daily Sprout 🌱 (11 Mar)
The S&P 500 closed lower after stronger than expected US jobs growth led to concerns that a robust jobs market could put upward pressure on prices. China’s consumer prices rose for the first time since August.
STI ⬆️ 0.42%  HSI  ⬆️ 0.76%  NKY ⬆️ 0.02%
S&P 500 ⬇️  0.65%  Nasdaq ⬇️  1.16%  DJIA  ⬇️  0.18%
What's Sprouting
🌱City Developments initiated share buybacks in the open market on Friday, citing its discounted share value as a re...

Dow Jones Index is nearing an important resistance. I'm selling when this happens. But there are already some signs that the price is weak.
Watch the video to know what signals I'm looking for.
Using $SPDR Dow Jones Industrial Average Trust(DIA.US)$ to illustrate the movement.
$Dow Jones Industrial Average(.DJI.US)$

Daily Sprout 🌱 (12 Mar)
The S&P 500 closed lower as investors await the latest consumer price index (CPI) data to get an indication of the Fed’s interest rate direction.
STI ⬇️ 0.28%  HSI  ⬆️ 1.43%  NKY ⬇️ 2.19%
S&P 500 ⬇️  0.11%  Nasdaq ⬇️  0.41%  DJIA  ⬆️  0.12%
What's Sprouting
🌱SGX reported a total securities turnover value of $25.03 billion in February 2024, 22% higher compared to the previous month despite fewer trading days. Retail led the jump in ac...

I created a video and a post discussing a recurring pattern I’ve observed in several Hang Seng-listed tech stocks. To illustrate this pattern, I used $XIAOMI-W(01810.HK)$ as an example.
Today, $XIAOMI-W(01810.HK)$ broke out and is trading higher at 6.42% gain as of time of posting.
Short-term trading instruments:
$XIAOMI MBeCW241203(HFQW.SG)$
Watch the video again.
Indexes to mo...

Uncover the latest insights into the $Hang Seng Index(800000.HK)$ with my in-depth analysis.
As the China national team steps in to support the Chinese stock market, the question arises: is it effective? Has the HSI been reversed? What are the short-term trading opportunities?
Click the follow button and comment on what other technical concepts with live examples that you would like me to cover.
Alternatively, if you can’t view the...

$Apple(AAPL.US)$ after Q1 2024 earnings haven’t been moving up while Magnificant 5 (except $Tesla(TSLA.US)$) are strong.
Based on the technicals, I am slightly short-term bearish on the stock, with the reasons being:
1. Lower sales range from the Chinese market, based on the Chinese economy, I do not see Apple sales doing well in China for a while
2. Technically, MACD is showing a bearish divergence suggesting a short-term reversal...

$Tesla(TSLA.US)$is still resisted below a previous historical low at 195.
Bearish hidden divergence suggests a short-term weakness. If price trades firmly below 180, then next target is 148 to 160.
Read more below on what is a hidden divergence and how it can be applied to $Tesla(TSLA.US)$ now.
Click the follow button and comment on what other technical concepts with live examples that you would like me to cove...

In my interview with Lianhezaobao, I mentioned that there seems to be funds flowing into oversold markets like Singapore, HK, China. Full article here: My interview on 14 Feb 2024 with LianHeZaoBao
After US CPI, the US stock indexes corrected fearing that investors might be too optimistic about the number of rate cuts for 2024.
This viewpoint was something that I discussed during my presentations in Jan 2024.
Today, $FTSE Singapore Straits Time Index(.STI.SG)$ is tradin...