Market opinion emailed…
Emailed Straits Times level to pay attention. Do check your email. For those that have yet to subscribe, do subscribe to my mailing list on the right side of this page. It is free and you can opt-out at anytime.
May 4, 2012 Singapore Stocks Webinar with Jonathan Tan
This is a live recording done during the Non Farm Payroll announcement. This YouTube is quite lengthy as it records almost the entire webinar that was held, and the participants watched as Dow Jones reacted right from the NFP announcements till the start of the sell-down. Now with NFP report out of the way, does this mean that stock market is now clear to go towards the upside? Or today sell-down is just a “preview”? What will happen to Singapore stocks? Will the banks breakout be a failed breakout? Find out what it is in this week video edition.
Remember to let your friends know about this video, ChartingAcademy.com, and Facebook. Thanks.
P/S: Do take note that this recording is the market outlook for next week. Therefore there will be no YouTube out this Sunday.
May 4, 2012 8:00PM Singapore stocks webinar with Jonathan Tan (Open to everyone)
Tonight at 8:30pm, there will be a crucial Non Farm Payroll report which may or may not break the market. Will the market go higher or lower after this report? Or will it be another non eventful night? Join me in this special webinar open to everyone.
To access the webinar, just click on the link below:
And so we wait…
On Friday night at 8:30pm SG time, will be the much awaited Non Farm Payroll report. Would it be a market breaker or market cheongster? We shall see. Until then, stay cautious. I am still a patient bear.
SMRT – found short term support
SMRT, “breakdown” after “breakdown”… oops, not breakdown, but slight delay, today formed a hammer at classical resistance turned support. The previous resistance was formed on July 2009 which is now calssical support and also at Fibonacci support. Therefore watch to see if there is a technical rebound. Do take note that to long is counter-trend, plus the price is below the 4 moving average.
May 3, 2012 10:00AM Singapore stocks webinar with Jonathan Tan [InnerCircle]
Penny counters are running again and Straits Times closed at day high breaching the 3000 level closing at 3006. Can Straits Times break this 3030 level again to go even higher? Or it is just luring retailers into the market before trapping them once and for all? What about blue chip counters? Can they lead the market higher this time after consolidating for quite some time?
Join me in this exclusive webinar dedicated to [InnerCircle] only where it is less crowded and more strategies discussed.
HKSE – NVC Lighting
NVC Lighting formed a hammer at classical support. Watch to see if there is any rebound.
“Short” week
This week is a low volume quiet shortened week due to Labor day holidays. All eyes are now watching this Friday Non-Farm Payroll report. Until then, market can just float higher. Therefore watch your stop loss if you have any position. It should start to get exciting next week. I am so looking forward to next week.
Wilmar – been quiet for some time
Wilmar is now having a bollinger squeeze, which means it has been quietly building up some pressure. It is like a dormant volcano with quiet rumblings. No idea when it is going to burst out with fire, but one has to watch the support and resistance.
