Tuesday 31 January 2012

Market Overview - 31/01/2012

Selling pressure seen. Might be profit taking. S&P rebound once it hits 1300.
Long is at a higher risk. Short will need confirmation tonight.
Trade safely.

Sunday 29 January 2012

S&P is due for correction soon.

S&P still maintaining its uptrend.
S&P is extremely overbought. Is due for correction soon.
Trade safely.

Thursday 26 January 2012

Market Overview - 26/01/2012

1. WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday pledged to hold interest rates low until late 2014, a move that surprised markets and showed the central bank is still worried that economic growth is at risk of faltering.
2. The Fed opened a new era of transparency, releasing for the first time the projected path of rates by its 17 members and set a specific inflation goal of 2%. But it was extending the timing of the first rate move that overshadowed all the moves.
click here

Watch out if S&P closed below 1307.4.

Wednesday 25 January 2012

Market Overview - 25/01/2012

S&P closed flat again, -0.1%. Sharp drop in the opening then slowly pick up.
Look likes S&P refused to goes down.
Watch out if S&P closed below 1305.9.

Tuesday 24 January 2012

Indecisive to go up or down.

S&P closed flat. indecisive to go up or down.
Happy Chinese New Year. Enjoy your day!!

Saturday 21 January 2012

Have you gotten your ANG POWS from Mr Market?

Wow. S&P have gained 4.5% for 1st 3 weeks of Year 2012.
Have you gotten your ANG POWS from Mr Market?
Market is BULLISH.

Rememer my post on Dow Theory on the 01/01/2012. I mentioned that if resistance is break, market will be bullish. click here

Projected upside i mentioned on 24/12/2011.click here

Market is overbought. Time to take profits!!

Friday 20 January 2012

Thursday 19 January 2012

Market Overview - 19/01/2012

Finally broke resistance 1300. Today will be the confirmation.
Watch out if S&P closed below 1290.69.
If you have been following my "watch out" level, you should have earn quite a fair bit of profits in year 2012.
Huat to everyone.
If you have benefit from my blog, please share it with your friends.

Sunday 15 January 2012

Market Overview - 15/01/2012

S&P hits euro zone with downgrades. France loses triple-A, Italy, Spain and Portugal cut by two notches. click here
Take Note:
1. Selling Pressure seen on friday although S&P able to close above 1285.48. click here
2. Resistance 1300
3. S&P is overbought

Wednesday 11 January 2012

Sunday 8 January 2012

Market Direction still unclear.

S&P rallied +1.5% on the first day of 2012 then flat thru-out the week.
Market direction still unclear.

Wednesday 4 January 2012

Market Overview - 04/01/2012

Watch out for the break of resistance.
A rise in the Dow Jones Industrial Average must be "confirmed" by the Dow Jones Transportation Average in order for the rise in the market to be sustainable. Dow Theory

Sunday 1 January 2012

Dow Jones Transportation. Let's HUAT in 2012 together!!

Dow Jones Transportation.
Break resistance means bullish. Break trendline mean bearish.
Happy 2012!!
Let's HUAT in 2012 together!!

+56% in 2 months !! 在家赚钱不是梦!!

  +56% in 2 months.  在家赚钱不是梦!!