Thursday, January 31, 2013

CapmallsAsia, Jb Food, Rowsley

Recently market has been very bullish again after the minor pull back, Property stocks has regain strength. In our chart we see that the trend is still intact after the cooling measure been introduced. Above chart is CapmallsAsia, seems like now it is turning up again and from the chart we see the past few signal has been good to us. Will this time CapmallsAsia turn up from here? Stoploss can place at $2.09.


Below 2 chart is Penny stock analysis: Please trade with care, risk could be downside of 10-20%.

Due to popular demand, our client recently start asking us what penny stock can see? Though I am not a fan of penny stock I still wish my client to have a good trade. JB food currently trading at $0.52 almost doubled its price  from a month ago. We see that the previous candle there is some profit taking, but however today it bounce back strongly(Seems like there is no much distribution yet). For Short term player will we see a continuation if price break above $0.535, Target 0.60. Stoploss 0.48. Of cuz, breaking 0.535 is not an easy task, if can break this stock has showed u his strength! Short term 5-10days
Rowsley has been on sideway consolidation.right now are we in a distribution phase or accumulation? Both is possible. For short term can consider buy at support $0.28(Stoploss 0.265), sell at resistance $0.32( Buy back if break 0.32). If BIG volume still dont come in next 10 candle, this stock is in real danger. Short term 5-10days

Monday, January 28, 2013

Untold Secret of CFD Trading - by Andy Yew



 28 Jan 2013 (Monday), 6.45pm – 9.00pm (English)

 1 Feb 2013 (Friday), 6.45pm – 9.00pm (English)

In May 2012 we successfully forecasted the bearish market for the entire month, and in June 15 we accurately capture the turning point in the market where most stocks start to turn from bearish to bullish. In November 2012, we help our client to get in the market when times are low. When will be the next turning point? Will you be catching the right wave this time? Come listen to what we have to say in our upcoming seminar, we are ready to share with you more about CFD and our Market outlook.
We will cover:
  • CFD Trader 2 Demo
  • What Tools the Pros using and most Retail investor don’t.
  • Which is the best performing sector right Now?
  • What is the SECTOR is currently Bottoming?
  • Market outlook using Technical Analysis
  • Identify the strongest and weakest stocks in the market right now.

Venue: Level 7, Seminar Room, Raffles City Tower
  Phillip Securities Pte Ltd
   250 North Bridge Road
Fee: Free Admission

Thursday, January 24, 2013

STXOSV - Chart show Bearish since Nov 2012(Must read!)



Fincantieri Completes Acquisition of STX OSV 


Fincantieri, through its wholly owned subsidiary Fincantieri Oil & Gas S.p.A., has successfully completed the acquisition of 50.75% of STX OSV from STX Europe, at a price of SGD 1.22 per share, totalling approximately Euro 455 million (approximately SGD 730 million).

Continue reading: http://worldmaritimenews.com/archives/74017


Since November we have been BEARISH on this stock, according to our chart the trend already down and never came back. Glad to see my chart has kept my investor in safe hand. =)

My previous Post on STXOSV for your reference:

Bearish on 1 Nov 2012:  http://www.andy-yew.com/2012/11/my-ezionhldg-stxosv-analysis-on.html 

Bullish on 1 August 2012: http://www.andy-yew.com/2012/08/singapore-stock-chart-ezion-midas.html

Bearish on 10 July 2012: http://www.andy-yew.com/2012/07/singapore-stocks-near-resistance.html 

Bearish on 18 May 2012: http://www.andy-yew.com/2012/05/stxosv-short-signal.html 

Contradicting with Brokers recommendation:


Will Sound Global Rally in 2013??



Here is another Article I wrote for Shareinv.com
http://www.sharesinv.com/articles/2013/01/23/sound-global-in-an-overbought-position/

This is a company that does waste water treatment in China. Looking at the weekly chart, this stock has fallen 60.3 percent from the high of $1.02 in March 2010 to $0.405 low in October 2011. Thereafter, it broke the downtrend and went into a sideway consolidation phase. Since hitting the bottom, this price has been forming higher lows. We see that a strong uptrend line which has been formed by the three lows (as indicated by the blue arrows), set a good support for this stock. Moreover, the price broke its 52-week high two weeks ago. This shows that the bull in this stock is waking up. With the robust story of China recovery in 2013 after the new government setup, will this stock rally in 2013?


Thank you for reading on my previous post:
http://www.sharesinv.com/articles/2013/01/03/will-midas-rally-in-2013/

Wednesday, January 23, 2013

Thailand’s Richest Man Gets Richer Chasing $11 Billion F&N Deal

Bloomberg - Thailand’s richest man just got richer. Billionaire Charoen Sirivadhanabhakdi is poised to win a S$13.8 billion ($11.2 billion) bid for Fraser & Neave Ltd.'s property and drinks empire. The takeover battle has boosted the value of his other stock holdings by more than $2 billion...

http://www.bloomberg.com/news/2013-01-22/thailand-s-richest-man-gets-richer-chasing-11-billion-f-n-deal.html

Monday, January 21, 2013

Free Spore Stocks Seminar


<< Gain Your Additional Advantage In Year of 'Water Snake' 2013>>

We will be sharing:
-         How you can make money in Up or Down market
-         How to Identify stocks that consistently beat-the-market
Full Market and Stock analysis Using ART system
***Stock to watch in 2013!***

Speaker: Andy Yew (ART system Founder)
 

Date: 24 Jan 2013, Thu (English Seminar) or 25 Jan 2013 Fri (Chinese Seminar ) 
Time: 7pm – 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light



Special Guest Speakers: Master Jo Ching (only  25 Jan(华语)
    - Luck forecast for 12 Animal Signs for 2013 (12生肖运程)
- How to activate Wealth and Career Luck at home & Office in 2013 (2013风水旺位分析)
- 2013蛇宝宝吉祥姓名学分析
    




Master Jo Ching, founder of DestinyAsia Global Consultancy, is a classical feng shui practitioner that also provides trainings to enthusiasts and practitioners who strive to excel in the field of Chinese Metaphysics.
Besides, he also works with companies to conduct seminars and public speaking such as Prudential, HDB, Singtel, Citibank, JTC Corporation, Park Regis Hotel, Crown Worldwide, Business Network International, The British Club and etc.
He has been interviewed by Lian He Wan Bao, Yahoo, The Prestige Magazine, Straits Time Razor TV  and Asiaone on topics like Feng Shui at Marina Bay and Dragon Year Chinese Zodiac Forecast.  You can find out more about him at www.destinyasia.com.sg.     


To register pls click here 
or SMS  to 93676623  



Tuesday, January 15, 2013

ShareInv - Profit Taking In STI?


Below is my Article on shareInv.com on 14 Jan 2013

Last week, the Straits Times Index (STI) lost 7 points to close lower at 3,216. STI formed a new high of the week at 3,237.78 on Monday, while the rest of the days were in fact quite disappointing.
Dozens of corporate earnings reports are expected this week including J.P. Morgan, Citigroup, General Electric and Intel. Their view of future business prospects seems to be important in this quarter and could provide some indications on the global economy this year.
Economic data in the coming week includes the Empire State survey and the Philadelphia Fed survey. There are also inflation data, with PPI released on Tuesday and CPI on Wednesday. Retail sales will also be important, with the December report expected to be released on Tuesday.
China released its data of GDP, retail sales and industrial production last Friday. Better-than-expected export data drove shipping sector and commodities higher globally.
In addition, the Singapore government announced end of last week another comprehensive package of measures to cool the residential property market.



Trading strategy wise, bear in mind, January is the earning session again! We have to check the earning release date and do more research before entering any stock. STI has already rallied more than 10 percent since November 2012, and we see that the RISK of holding stocks is getting higher as the market is getting extremely overbought. It has been an exciting week for penny stocks last week, but the lackluster movement in STI could be due to profit taking from most professional traders and fund managers. Banking stocks such as UOB, OCBC, DBS as well as CityDev could be your shorting candidate if investors need to hedge their portfolio. Immediate resistance of STI will be somewhere around 3,250 with support at 3,090. Investor may consider taking some profit off the table in coming weeks before any bad news hit the market again.

Monday, January 14, 2013

SGX

SGX has broken above resistant and the 1st target price will be around 7.60 show in weekly chart. STI closed -12 points today but this stock up with positive and this show how strong he is.

Some stock showing weakening sign

Did a scan today and found some stocks that is currently below 20ma. What make it significant is  about 80-90% of the stocks in the market is currently above 20ma, these are the few that underperform the market/ turning weak. We should keep away from the stock in this list.

Ocbc, DBS, UOB.
Citydev, Guoccoland
First Resource, GoldenAgri
Supergroup
STXOSV

Super Group

One of the trending stock since Oct 2012, but recently it fails to break above 3.30. In addition, our system show sell arrow and call for exit! If you have this stock, you may not necessary sell all but may want to consider to exit half of your position.

Friday, January 11, 2013

Free Spore Stocks Seminar << Gain Your Additional Advantage In Year of 'Water Snake' 2013>>


We will be sharing:
-         How you can make money in Up or Down market
-         How to Identify stocks that consistently beat-the-market
Full Market and Stock analysis Using ART system

Speaker: Andy Yew (ART system Founder)
 

Date: 17 Jan 2013, Thu (English Seminar) or 18Jan** 2013, Fri (Chinese Seminar) 
Time: 7pm – 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Do note: 18 Jan will be Full market talk without Feng Shui, Master Jo will join us in coming will 25 Jan for the Chinese session.


Special Guest Speakers: Master Jo Ching (only on 17 Jan(English) and 25 Jan(华语))
    
      Master Jo Ching Topic is “Making Calculated Move in 2013 through Feng Shui”

      Luck forecast for 12 Animal Signs for 2013 The Water Snake Year
-         How to activate Wealth and Career Luck at home & Office in 2013




Master Jo Ching, founder of DestinyAsia Global Consultancy, is a classical feng shui practitioner that also provides trainings to enthusiasts and practitioners who strive to excel in the field of Chinese Metaphysics.
Besides, he also works with companies to conduct seminars and public speaking such as Prudential, HDB, Singtel, Citibank, JTC Corporation, Park Regis Hotel, Crown Worldwide, Business Network International, The British Club and etc.
He has been interviewed by Lian He Wan Bao, Yahoo, The Prestige Magazine, Straits Time Razor TV  and Asiaone on topics like Feng Shui at Marina Bay and Dragon Year Chinese Zodiac Forecast.  You can find out more about him at www.destinyasia.com.sg.     


To register pls click here 
or SMS  to 93676623  


Thursday, January 10, 2013

Palm Oil Stock in Watch - Mewah, Wilmar

 Mewah closed $0.55 on , a long forgotten stock recently rallied from 0.45 to 0.55. Today we saw a short term reversal signal, will be good for entry if tomorrow price break above 0.555, stoploss can consider to place at 0.52. Short term trade. Below is the recent news regarding this counter.s


Wednesday January 4, 2012

Mewah diversifies its operations to Indonesia, output to go up 23%


http://biz.thestar.com.my/news/story.asp?file=/2012/1/4/business/10198068&sec=business


Wilmar closed at $3.6 today, mid term trend already in bullish mode. Today a short term reversal signal came out and this might be a second opportunity to enter if you have missed the first signal. WIll be good if you can enter one bid above previous high. e.g $3.61


Friday, January 4, 2013

Will Midas Rally In 2013?



 After a massive sell down from the high of $1.17 in April 2010, Midas Holdings has been trading in a range between $0.32 (support) to $0.44 (resistance) since late August 2011. On 2 Jan 2013, Midas once again attempted to break the $0.44 resistance level and it closed the day at $0.445 accompanied with above average volume, which was marginally higher than the previous high. For the mid to long term, the short term moving averages (MA) for 20 days and 40 days is above the 200-day MA, indicating that the long term trend is changing. With the price hitting the 52-week high, this stock has the chance to go further in coming months given its current strength.
As for the bigger picture, we take a closer look at the weekly candlestick chart. The chart shows that the price is forming an Inverse Head and Shoulder pattern, with the current price just at the neckline, waiting for a breakout to happen. According to Wikipedia, an inverse Head and Shoulder pattern often indicates a major bottom of a stock. We see that Midas is one stock that would be “able” to rally after hitting its bottom in 2009.

This post is also published on Shareinv website
http://www.sharesinv.com/articles/2013/01/03/will-midas-rally-in-2013/

Wednesday, January 2, 2013

Time to cut down on your bullish position size for Singapore market - www.danielloh.com

A very good post I have to share here from our friend Mr Daniel Loh. 
Read more at www.danielloh.com
Dear Friends,

Of course, while everyone rejoices with STI having a 40 points move, our job is to remind you of a possibility of a consolidation in the general market when STI is near 3240. STI has been one of the strongest performing index in Asia and a lot of stocks are seen powering on.

Since november, we have continued to urge everyone to get on the bus to buy stocks, when everyone is worried about the fiscal cliff incident. We however maintained our view that this fiscal cliff is a tremendous opportunity to make big money!

Indeed it has. Now STI has reached 3200. I am not saying that STI can't go up further. It will if the whole general market is still bullish. But do note that 3240 is a strong resistance. The market can't go up at the rate we have seen these 2 months forever. A healthy pullback is needed for the market to continue its bullishness.

So what is the strategy of investing now??

I would suggest exercising good portfolio management.  

1) Cut down on your position size overall on bullish positions for Singapore market. ie. in the past you may buy $30,000 worth of shares. Now buy only $15,000.
2) Take note that the risk is higher now than 1 month back.
3) Focus on stocks that are fundamentally good with earnings.
4) Take note of when your companies earnings' dates are for their 4th quarter results
5) Sell away all short term positions for stocks that have increased a lot before their earnings
6) Leave 50% of your money as cash to take up positions when market consolidate again