Analyst Reports 22: Bull Market or Bear Rally?
The past week has been spectacular again. Another jab in the heart. A fellow blogger on his post, “Green Shoots” Sprouting In Global Markets, quoted a very interesting piece of article. Sometimes it makes me wonder how come the stock market does not really translate the performance of the sectors. Given that Taiwan and Singapore [...]
Analyst Reports 21: Feeling Dismayed at Today’s Meteoric Rise?
Image via Wikipedia Don’t you feel dismayed when you see the regional stock markets shoot up today? This is particular so when you have just exited and stayed on the sideline. Well, that’s how i felt when I left work and saw the news today. There was the classic “damnit. I shd have known” feeling [...]
Analyst Reports 20: Point of Reckoning
Image by bass_nroll via Flickr As a follow-up to my 2 last posts, I’ve decided to do some charting today because it does seem that we have reached a point of reckoning for most markets. It’s amazing to see STI keep climbing up without Respite and Despite negative news. Even on recent Tuesday, STI closed [...]
SSE Watch
SSE is going to face a firm resistance (2600 region) soon based on the chart below. A picture paints a thousand words. Price has been hugging top part of bollinger band and we might anticipate pullback soon. Overbought as well. Let’ see how resistance is tested. Might consider a temporary fund switch again.
Analyst Reports 19: Bear Rally, Whipsaw and the likes
Image via Wikipedia In my last post, i mentioned about expecting the unexpected and that i was expecting a pullback. It does seem that I was right on both counts. (But to put a caution to the previous statement, almost everything can be right on hindsight, just depending on the timeframe). 1) STI did pullback [...]
