DBS Still Bearish After Trump Trade War

The stock market is a place when shocks can happen anytime.  Trump tweets about trade war with China have turned the majorities of the stocks from bullish to bearish.  Looking at DBS chart, the downtrend line is still not broken.  It mean the falling knife is still falling.

CapitaR China Trust Positive Setup

CapitaR China Trust belong to CapitaLand.  Well managed and decent dividend of 6.77% at today price of 1.51

Suntec Reit Good To Buy Some Now

Suntec Reit sponsor is ARA, looks good to buy some now.

SIA Descending Lower and Lower

SIA is in a very competitive environment and budget air is a cut throat business.  There isn't much great growth in the airline industry.  Best to avoid investing in such business.

SPH Turned Price Back Into Downtrend

CIMB Analyst:

Price remains stuck in the long-term downtrend as the 200 day moving average and 2.55 resistance area continued to act as a ceiling. The bearish rejection off the resistance in April turned price back into the downtrend.

Frasers Property Limited Good Long-Term Hold

Frasers Property close at 1.80 on Friday and dividend is around 4.78 at that price.

In bad times, start to nimble on such strong fundamental company as they don't stay down forever.

Buy on fear, sell on hope.

Design Studio Long Term Downtrend

Design Studio is in a long-term downtrend since July 2017.  Avoid such weak stock or your money will get stuck, and it can be infinite.

Frasers Centrepoint Forming Support

Frasers Centrepoint seems to be forming support at 2.40

Well managed malls with good management.

Frasers Comm Going Side Ways

Frasers Commercial Trust is under Frasers Property which is a strong sponsor.  In such volatile time, investors are sitting tight by putting their money in reits. 

Run When You See Bear

lyn lyn put this up during her webinar and it is a good reminder for all to take profit when there are such hints.

Thanks lyn lyn for her great sharing in investing note.

Ascendas I-Trust Gravestone

Ascendas I-Trust Gravestone appear and it is suppose to be bullish.  Recently taken over by Capitaland which is a strong sponsor with strong management.

Mapletree Com Still Trending Up

Mapletree Com Trust still trending up nicely.  This Temasek back reit has strong fundamental and is well managed.

Mapletree Log Breaking Out of Diamond

Mapletree Logistics Trust, a diamond top have appear and its uptrend is losing momentum.  A chance to nibble some on its weakness.

SATS Triple Top or Head and Shoulders

SATS, it look like a triple top or head and shoulders pattern?

That's the challenge of technical analysis, different people may read the chart pattern differently.

CDL Hit Double Top and It Went Down

City Development hit a double top and it went down.  Be careful of double top as it is a bullish reversal signal that tells you to get out while you can.

City Development Ltd

Lim and Tan:

CDL is currently trading at a 25% discount to its historical NAV and we expect an even wider 40-50% discount to its RNAV as the company does not revalue its assets to current market values. We maintain our “BUY ON WEAKNESS” recommendation on as investors become more jittery about the negative impact from the government’s cooling measures implemented last year and also trade tensions between the US and China.

Haw Par Strong Stock in Volatile Time

Haw Par is one of those rare stocks that defy the bad sentiments between US and China trade war.

DBS Time To Take A Look For Rebound

DBS time to watch closely for rebound.  This is a good bank stock with great management.  In fearful time, always look for value in great companies.

Ascendas Reit Still Resilience

In such uncertain time, Ascendas Reit seems still resilience.

Falling knife are painful to catch, however, it also the time for you to pick up fundamentally good companies at a value price.

OCBC 5 Wave Up and Then Down

OCBC during wave 3 to 4 did not create a higher high and it went down on wave 5.

11.10 is the line next to watch.  It will either break or bounce back.

US is giving China about 3 weeks to response back with a good deal.

America import from China:   539 billions

China import from America: 120 billions

China likely to keep quiet and hope that Trump will lose the 2020 elections if the Dow Jones keep getting wack down.

UOB Is It An Endgame

UOB touching the lower trend line, will it break into a down trend?  Cross Doji appearing on last 2 days of trading which indicate market indecision due to the ongoing trade war between USA and China.

Breadtalk Going Down Since Jul 2018

Breadtalk had been on a down trend since Jul 2018

Capitaland Point of Danger

Capitaland moving towards the 50 moving average, it is sign of danger.

Suntec When Will It Stop Falling

Suntec had been falling from a rising wedge. 

If it maintained a higher high at around 1.80, then the uptrend might continue.

If 1.80 failed, a double bottom at around 1.72 might move it up again.

STI ETF Bull Failed To Push Price Up

Today is 2nd day of volatility and the white candle failed to close up higher.  Likely to zip zag up and down until the trade war of words between USA and China can cool down.

Trend wise, it looks like a rising wedge breakdown which is bearish.

Trump Tweet Tariffs on China Broke All

Sunday Trump Tweet Tariffs on China and all trends and patterns broke down.

This is a day where the bad news overwrite all trends and patterns.

STI close with a negative -101.67

Hong Kong Land Four Top

Happen to look at Hong Kong Land and notice it got four tops before it start to reverse.

Suddenly on 02 May 2019 it surged up.

However, 03 May 2019, it shows an indecision candle.  Will it continue to go up or drop back?  We shall see.

RiverStone Double Top Downtrend Still Ongoing

Do be alert to Double Top or Triple Top as they are bullish reversal sign.

RiverStone had been on a downtrend ever since it hit a double top on Dec 2018.

Great Eastern Higher Valuation of Investments

The Group’s Profit Attributable to Shareholders increased by 124%, which was due to higher Non-Operating Profit and Profit from Shareholders’ Fund. The higher profit was due to higher valuation of the investments as a result of favourable financial market conditions. Operating Profit from Insurance Business for the quarter was $150.0 million, 8% lower than the same quarter last year.

Going sideways on the chart.

Yanlord Land Trend Continuation - Higher Low

The difficult part of trend following is that we are always afraid that the trend up will stop after we went in.  The rule of thumb is that as long as the low gets higher and higher, we will just bite our finger and hold on to it.

Venture Corporation Announce Slower Next Quarter

On 29 April 2019, Venture Corporation:
While 2H19 is expected to be seasonally stronger than 1H19, VMS has hinted that the traditional 45:55 revenue seasonality pattern in 1H:2H may be less pronounced this year, mainly due to a mixed outlook from its broad base of more than 100 customers as a result of protracted trade tensions and the global economic slowdown.

The fast and furious is due to its slower next quarter earnings.  No doubt it announce a better 1st quarter earnings but remind yourself that stock market are forward looking.