CFD Seminar - Untold Secret of CFD Trading - by Andy Yew

 Register ==> https://andyyew300813.eventbrite.com/
 30^th August 2013 (Friday), 6.45pm – 9.00pm

  Venue: Level 7, Seminar Room, Raffles City Tower

Phillip Securities Pte Ltd, 250 North Bridge Road

We will cover:

• CFDTrader 2 Demo
• What tools do the pros use and most retail investors don’t?
• Which is the best performing sector right now?
• Which 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, Singapore 179101

              Phillip Securities Pte Ltd

              250 North Bridge Road

China MinZhong latest news 26-08-2013, Why it drop?

Shares in Singapore-listed China Minzhong Food fell more than 13% on Monday after a research house with a short position in the company accused the vegetable producer of irregularities in its sales figures.

Glaucus Research Group issued a report that said the irregularities involved sales to China Minzhong’s top two customers, according to “corporate registry records”.

A spokesman for China Minzhong said the company had no immediate comment to make.

Shares in China Minzhong fell as much as 13.3% with more than 9.4 million shares traded, more than three times the average full-day trading volume of 2.5 million traded over the past month.

Four analysts have a ‘buy’ or ‘strong buy’ on the stock, Thomson Reuters data shows. China Minzhong is due to release full-year results on Aug. 29.

Glaucus Research, which is based in California, said they and their associates have a direct or indirect short position in the company so stand to make money if its share price declines.

Chinaminzhong food News from Reuters

Glacus Research Report
https://glaucusresearch.com/wp-content/uploads/downloads/2013/08/GlaucusResearch-China_Minzhong_Food_Corp_Ltd-SGX_K2N-BBerg_MINZ_SP-Strong_Sell_August_26_2013.pdf

Below are the Chart provided from ARTeam

 Intraday Chart of Chinaminzhong food

Bank of Communication 3328.hk

Can look at this company for investment. Strong fundamental with 5.6% Dividend, dividend growth 13%. PE ratio 4.8x

Bank of Communications Co., Ltd. provides various commercial and retail banking products and services in the People’s Republic of China. The company’s personal banking products and services include time deposits, education savings, current deposits, personal call deposits, integrated current and time deposits, hypothecated loans, and local and foreign currency time deposits; credit, quasi-credit, and debit cards; housing, vehicle, and shop loans; and wealth management services. Its corporate banking products and services comprise corporate time, corporate current, and contracted deposits; transfer of receivables, account overdrafts, bill discounts, re-lending of foreign government loans, re-purchase of inter-bank credit assets, and buy-out of inter-bank credit assets; online tax payment, agent salary payment, agent collection and payment, and transfer settlement; corporate cash management, wealth management, entrusted loans, and agent settlement for bonds; and agent transfer of various government-approved payments and investment banking services. The company’s international banking services include foreign exchange wealth management, import and export document settlement, trade finance, offshore banking, and remittance and bill services. It also provides treasury, asset management, trustee, insurance, finance lease, and other financial services. It operates approximately 182 branches and 2,701 banking outlets in 202 cities and 144 counties; and 12 international branches in Hong Kong, New York, San Francisco, Tokyo, Singapore, Seoul, Frankfurt, Sydney, Macau, and Ho Chi Minh City, as well as a representative office in Taipei. Bank of Communications Co., Ltd. was founded in 1908 and is headquartered in Shanghai, the People’s Republic of China.

Timing: Currently BankComm price is close to the Long term supporting trendline. In the last few year there is a few time this stock fall badly and latter bounce off touching this trend line. During the recovery in 2009 this stock move up to $9, we see this as an upside potential for long term investing if China Market were to recover. Stoploss can be place below the $5 support if you are "trading" this counter.

Key Statistics for 3328

Current P/E Ratio (ttm)	4.7696
Estimated P/E(12/2013)	5.1897
Relative P/E vs. HSI	0.4550
Earnings Per Share (CNY) (ttm)	0.8890
Est. EPS (CNY) (12/2013)	0.8170
Est. PEG Ratio	1.1795
Market Cap (M HKD)	385,852.75
Shares Outstanding (M)	35,011.86
30 Day Average Volume	26,021,530
Price/Book (mrq)	0.8148
Price/Sale (ttm)	1.0069
Dividend Indicated Gross Yield	5.65%
Cash Dividend (CNY)	0.2160
Last Dividend	06/28/2013
5 Year Dividend Growth	13.27%
Next Earnings Announcement	08/21/2013

Trading Info On HKSE: http://www.andy-yew.com/2013/08/trading-hong-kong-share-with-poems.html

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Shareinv Article: 3 Things You Should Spot On STI Chart

Chart On Straits Times Index

1)    Lower High, Lower Low
A bull trend is usually identified by having a series of rallies where each rally exits at the highest point of the previous rally (higher high). The drop between the rallies ends above the lowest point of previous fall (higher low). We have seen this on the Straits Times Index (STI) chart since beginning of 2012 where the STI consistently formed higher highs and higher lows. However, a bear trend started when the chart started to form lower high and lower low. We saw the STI formed a high and lower high between June and August, and yesterday we just saw STI broke below the previous low of 3,066.

2)    Death Cross
One of the most popular ways technical analysts use to determine market direction is to use the classic “Death Cross”. A death cross forms when the 50-day moving average goes below the 200-day moving average. The terrifying drop for the past two weeks by the STI has led to the formation of the death cross seen on the STI chart. To many technical traders, this is a sign on an end of a long-term bull trend.

3)    Uptrend Channel Broken
Since October 2011, the STI started its rally from a low of 2,521 to a high of 3,464 and all this while, the STI was trending up in a big fat channel. Every time when there is a correction, we will see that the STI is supported by the long-term trend line. However, the fall of the STI in June 2013 hinted us on the bear trend, and now we probably need to be more cautious of the market as the “uptrend” is now obviously broken.

ShareInv Article: Wing Tai's Uptrend At Risk?

Wing Tai Holdings has been one of the best performing stocks in Singapore since the beginning of 2012 till today. The uptrend started when it was trading at just about $0.915 and after an amazing 20-month rally, it is now priced at $2.05.

Looking at the weekly chart, Wing Tai’s long-term trend is supported by the trendline I have drawn in black. This line, however, coincided with the 40-week moving average (which is also the 200-day moving average), hence we see that the strong support is currently at $2.00. We may see further downside if its share price break below this level.

Weekly Chart On Wing Tai

Weekly Chart On Wing Tai

Looking at the daily chart, Wing Tai has formed a head and shoulders pattern since December 2012, the first and third peak are the shoulders and the centre peak forms the head. In technical analysis, this pattern is a sign of a trend reversal. With the price breaking below the 50-day moving average recently, the chart is telling us that in the mid-term we should not be holding this counter. Based on the previous trend, Wing Tai usually moves higher when price is above the 50-day moving average. Therefore, I will be bullish again when the price move higher.

Daily Chart On Wing Tai

Singapore Market Outlook - Correction indeed!

We get it Right again, last friday we sms out to our clients that we need to reduce our Long position and its time to go Short to hedge our position. One Monday, I posted that some stocks has turned weak, market has turn weak. Time to be caution as market maybe going into a correction soon. Today STI indeed dropped 44points, this was almost immediately after we list out all the weak stocks for you to sell or short. Check out the previous Post on the correction: http://www.andy-yew.com/2013/08/market-outlook-correction-again.html

This list above are stocks that turned weak Today. As market plunge, the stronger stocks might turn weak as well. A few of our favorites are here as well e,g: Kreuz, Comfordelgro, HongFok, Cordlife, OUE, Singpost, ST engg, Yanlord. Our system call for sell for these stock, provided it drop 1 bid below previous day low.

Market Outlook - Correction Again???

http://www.andy-yew.com/2013/08/current-market-outlook-reporting-at.html

As mention in previous post on market outlook, if STI break 3200 we have to reduce our position. I believe many of the retail players are still in Long position and not willing to get out. As a trader, we cannot always expect the market will turn out to be the direction we THINK it will go. Some times they will just go opposite direction. However when the direction is Obvious, pls do Follow the Trend, Get out of the market and go Shorts. Above are Stocks that is previously Strong Stocks. Using our Position trade scan, the results is telling us that these strong stocks has turned weak recently.

This list above are stocks that is previously weak stocks, now turn weaker. You shouldnt be holding these counter right now. Should have cut losses long ago.

Trading Hong Kong Share with Poems

Dear Friends, here is some of the useful infomation you need to know for trading Hong Kong Shares using our Poems Platform. I will post more info later on.

For more updated infomations or promotions pls refer to: http://www.poems.com.sg/globalmarkets/global_hk.html 

Brokerage

	Online Trades	Broker-Assisted Trades
Commission	0.25%	0.30%
Minimum	HKD 100	HKD 150
Other foreign fees:
Stamp Duty	0.1% (Round up to the nearest dollar)
CCASS fee	0.01% (Minimum HKD 3.00)
Transaction Levy	0.003%
Trading fee	0.005%

Note: GST will be charged on commission. Commission and exchange fees may be subject to change without prior notice. Please click here for custodian charges.

Trading lot	Not fixed
Price Quote1	20 minutes delayed. To access live price quote, click on the counter. Live price subscription available.
Exchange	HKEx
Minimum bid size	Share price (HKD)	Minimum Bid Size (HKD)
	0.01 - 0.25	0.001
	> 0.25 - 0.50	0.005
	> 0.50 - 10.00	0.01
	> 10.00 - 20.00	0.02
	> 20.00 - 100.00	0.05
	> 100.00 - 200.00	0.10
	> 200.00 - 500.00	0.20
	> 500.00 - 1,000.00	0.50
	> 1,000.00 - 2,000.00	1.00
	> 2,000.00 - 5,000.00	2.00
	> 5,000.00 - 9,995.00	5.00

 Trading Hours

Singapore/Hong Kong Time (Mon – Fri)	Pre opening	09:00am - 09:30am
	Morning Session	09:30am - 12:00pm
	Afternoon Session	01:00pm - 04:00pm

Note: To participate in pre-opening, orders have to be entered before 9:00 am.

 Settlement

Settlement Date	T+2 market days
Settlement Currency	HKD or SGD
Order Amalgamation	Yes (Conditions for Amalgamation, click here)
Contra Trading	Yes
CPF settlement	No

Note: For payment methods, please click here.

To Trade Hong Kong Stocks on POEMS:

Right click on the counter name, below window shall appear:

 To Trade Hong Kong ETF on POEMS:

ShareInv Article: Where Is Gold Heading?

In the last few months, we have been seeing news of hedge fund managers dumping SPDR Gold Trust. Even billionaire hedge fund manager John Paulson, who told investors that they should own gold as recent as last month, cut his own holdings more than half as gold price plunged. Billionaire George Soros and Daniel Loeb are also known to have sold their entire stake on SPDR Gold Share in the past quarter. Will gold price continue to fall from now on?

Chart Of SPDR Gold Share

My view on Gold ETF could be a little bit different from the gurus. Reading the technical chart of SPDR Gold Share, we see that the 10-day and 40-day moving averages work well in indicating the trend of the chart for the past one year. When the 10-day simple moving average (SMA) crosses above the 40-day SMA, it signals to us that the price is going uptrend, and when the 10-day moving average cut below the 40-day moving average, it signals a downtrend.

Since November last year, the SPDR Gold ETF has already been going down trend after the 10-day moving average cut the 40-day moving average; it fell from US$174 to as low as US$114.53. Since early July, we notice that gold price had stopped dropping and started moving higher. We see that the 10-day SMA started to cross above the 40-day SMA, which means that the downtrend has change to an uptrend. Currently, the SPDR Gold Share is facing a strong resistance at US$130. Once this level is broken, we might see further upside on this stock.

For those who worry that the fall will continue, do watch out for the US$122 support and set a stop loss below this level.

ShareInv Article: Ying Li Set To Rally

Looking at the daily chart, if you observed Ying Li for the past one year, this counter has been moving up since June last year and it actually started to fall when the market corrected in February and May 2013. The price is currently settling above the 10-day, 50-day and 200-day moving averages. This means that the stock is still bullish in the short-term, mid-term and long-term. However, investor might need to set a stop-loss level if the price breaks below $0.42.

Read more on http://www.sharesinv.com/articles/2013/08/15/ying-li-set-to-rally/

US stock APPLE: Ipod, Iphone, Ipad.. Now Icahn

SAN FRANCISCO (MarketWatch) — With its market value still more than 30% below its peak, Apple Inc. has drawn the gaze of investor activist Carl Icahn, who announced a “large position” on the iPhone maker’s stock on Tuesday afternoon.

The Tweet gave a notable boost to Apple’s stock, which was up more than 4.7% to $489.57 by the closing bell. The shares were up about 1.8% prior to Icahn’s announcement.

“We currently have a large position in Apple. We believe the company to be extremely undervalued,”Icahn tweeted.

http://www.marketwatch.com/story/apple-jumps-as-icahn-tweets-about-large-stake-2013-08-13

Read our previous post on Icahn pick on CHK(Chesapeake Energy), during the time we posted. It was just USD$17.60 and now it is already at USD$25.03. This is 42% gain in 9 month.

Previous post : http://www.andy-yew.com/2012/11/us-stock-chesapeake-energy.html

If you want to know how to Buy US stock. Just drop us an email!.. ==> : arteam@phillip.com.sg 

9 Surprising Things Legendary Trader Jesse Livermore Said About Timing

Here are nine surprising things Jesse Livermore said regarding excessive trading:

1. "Money is made by sitting, not trading."

2. "It takes time to make money."

3. "It was never my thinking that made the big money for me, it always was sitting."

4. "Nobody can catch all the fluctuations."

5. "The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were working for regular wages."

6. "Buy right, sit tight."

7. "Men who can both be right and sit tight are uncommon."

8. "Don't give me timing, give me time."

and finally, the most important thing:

9. "There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play."

Read more: http://www.thereformedbroker.com/2013/08/03/nine-surprising-things-jesse-livermore-said/#ixzz2biPceAVz

Trade US counter for US$0 commission

You should not miss this! I know many people always like to try playing the US but many are too scared because they are unfamiliar to the market. Now, u can try it with $0 commission*! Experience the volatility of the west with PhillipCFD. I did some analysis of the few counters that have better chance, most chart seems bullish for mid term.

http://www.phillipcfd.com/promotions/us-play-week/

Enjoy US$0 commission* on 5 different US (DMA) CFD or Indices per week (in the form of trading rebates)! Receive rebates of up to US$300 per month.

Current: 5 August – 9 August 2013
Facebook	FB
First Solar Inc.	FSLR
Principal Financial Group Inc	PFG
Wal-Mart Stores Inc	WMT
JPMorgan Chase	JPM

*Terms and conditions apply. Refer to the link above for terms and Condition

Facebook Chart - Stoploss at
 Investors may be wondering if they have missed the boat after a 30% one-day surge in Facebook Inc.'s shares. But chart-watchers say that while there could be a short-term pullback, there is plenty more room to run to new highs. 

read more: http://blogs.wsj.com/moneybeat/2013/07/26/facebooks-breakaway-gap-is-bullish-game-changer/

Walmart current has a breakout setup after a consolidation for almost a month, will this stock breakout of $79 and move higher?

PFG - has been on a strong uptrend since early 2012. This stock is good for short and mid term trade as it has high probability of going higher. Suggest to buy on dips, as the risk is lower. Stoploss $42.77

If you have friend want to Open Free Singapore stock trading account with us please contact us at : arteam@phillip.com.sg 

Current Market Outlook - reporting at Starbuck!

 While many people are rushing work on monday morning, I am spending this beautiful monday at Starbuck watching the market. The 3 reason why i love Trading is, I can choose to work anywhere i like, I can choose to work any Time i like and I can choose to work with anyone i like! Cheers. Have a great week ahead!

26 july 2013: I had an interview on 958FM in the afternoon. I mention a few things which is quite correct.
1) Banks and Property stocks is the strongest sector. We should remain holding these sector.
2) US market remain strong for mid and long term, dont need to worry.
3) Penny stocks is overheated, Retail player beware. Now we see, a lot of people are stuck now!

STI is making everyone sleepy today, just like weather. We see it currently trading in a range bound between 3200 and 3280. For it to move higher, we need to see STI beak 3280,

Action plan 1: only buy more stocks if STI give us the signal of going higher.

If it breaks below 3200, i believe that a alot of fund managers will manage their risk. Cutting down positions.

Action plan 2: if break 3200, Cut your position. Short to hedge position

If STI stay within the range mentioned above:  STAY COOL!

If you have stock stuck in the market and dont know what to do. Ask us.. ==> : arteam@phillip.com.sg 

OUE Ltd - Mid term turning up.

OUE – Successful Asset Spin-off - Lucas Tan

Recommendation: Accumulate

Previous close: S$2.87

Fair value: S$3.24

·          OUE 2Q13’s 15.8% y-y increase in revenue to S$112.0mn, was met with a larger 56.6% increase in cost of sales. Gross profit dipped 8.5% to S$55.4mn.

·          PATMI decreased 35.8%y-y to $14.6mn, due to higher costs incurred for administrative and marketing purposes.

·          Special dividend of 20 cents per share and interim dividend of 1 cent per share

·          Maintain Accumulate with unchanged fair value of $3.24

Source: Phillip securities research Pte Ltd

OUE ltd currently turning up for an uptrend, with the "accumulate" recommendation base on the fundamental value of the company, we see some potential in this company in the mid term time frame (1-3month). Stoploss can place at $2.77

If you have friend want to Open Free Singapore stock trading account with us please contact us at : arteam@phillip.com.sg 

Haw Par - Breakup after consolidation

Haw Par Corp, this stock has been consolidating since June's market correction. today it started to move higher a little bit. Is it time to resume the Uptrend? Overall price is above 10ma, 40ma and 200ma. Uptrend stock.