Friday 28 December 2012
Thursday 27 December 2012
Short Market Updates
Not much updates from me as I am busy as my father-in-law is hospitalized.
Trade safely as Fiscal Cliff is coming.
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Market Sentiment:
Short Term - Bullish
Medium Term - Bullish
Long Term - Bullish
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Thursday 20 December 2012
Tuesday 18 December 2012
Swee... Seems like S&P is preparing for Christmas Rally
SWEE................ S&P up +1.2% last night, nicely touch the resistance again.
Seems like S&P is preparing for Christmas Rally.
Can initiate a small LONG position when break the 1st resistance then another 1 when break the 2nd resistance.
Disclaimer appiled.
Sunday 16 December 2012
MARKET OVERVIEW - 17 DECEMBER 2012
I have warned about the possible resistance on 12/12/12, click here.
S&P closed with a small loss last week, -0.3%.
I'm still not in LONG position yet. No confirmation signal to LONG shown on my charts yet. Only a SHORT TERM BULLISH shown .
Thursday 13 December 2012
Buying $45 billion a month of Treasury securities.
Crazy market!!
Buying $45 billion a month of Treasury securities.
Preparing for Christmas Rally?
http://www.bloomberg.com/video/bernanke-says-thresholds-make-fed-more-transparent-bi66doa5Qo6c7Nd6LFWYog.html
Buying $45 billion a month of Treasury securities.
Preparing for Christmas Rally?
http://www.bloomberg.com/video/bernanke-says-thresholds-make-fed-more-transparent-bi66doa5Qo6c7Nd6LFWYog.html
Wednesday 12 December 2012
Sunday 9 December 2012
MARKET OVERVIEW - 10 DECEMBER 2012
S&P ended flat last week with +0.1%.
Still no LONG signal seen yet.
Will there be a Christmas rally this year?
Monday 3 December 2012
MARKET OVERVIEW - 03 DECEMBER 2012
I still holding my view. Stay out of equity at the moment until there is a confirm trend that it is going upwards.
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