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Analyst Reports 25 – Continuation of Support Breach
Mimosa’s blog post on Head and Shoulders formation triggered me to do some charting to see where the markets are heading. It does seem that most of the marketing are correcting from their recent run up as well. Most notably India’s BENSEX which dropped more than 7% over the past 2 days. Oblivious to the [...]
Analyst Reports 23: Eastern Markets vs Western Markets?
Image by babblingdweeb via Flickr I think it goes without saying that the Indian Stock Market stunned everyone to death today. 17% up in one day is amazing compared to STI’s gains over the last few weeks. I wonder whether a total market halt was triggered cos when it did a more than 10% fall [...]
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 [...]
