Capitaland Seem Like It Want To Bounce

Long-term trend = Sideways

Price takes 2 days to bounce above 200 and then 150 MA.

If Trumpet don't do any negative tweets with Xi, then it may retest the cold wall of 3.70

Keppel DC Reit - New 52 Weeks High 1.83

Recently, just posted that you should follow Keppel DC Reit uptrend and today it hit another new 52 weeks high during closing at 1.83, day high was 1.84.   But be careful, this trend had been very long (started Jan 2019) and you need to keep a close watch of the bullish trend reversal.

Previous post:

Monday, August 19, 2019

Keppel DC - Uptrend Still On Going

https://sgstocklink.blogspot.com/2019/08/keppel-dc-uptrend-still-on-going.html

Singtel - Landed Below the 200 MA

Singtel rounding top trend reversal had now landed below the 200 MA which is a sign of weakness.  Avoid for now.

ComforDelGro - Downtrend Still Ongoing

Likely to go further down as it yet to come out of its down lines.

DBS - Sitting At Support Level

DBS like OCBC, also sitting at support level, its either down or bounce.

OCBC - Bought During Today Dip @ 10.51

Sustainable Yield Screening Puts DBS, OCBC, UOB in High Ranking

The three banks all maintain an indicative dividend yield above 4.0%, currently averaging 4.5%, with DBS distributing dividends on a quarterly basis, and OCBC and UOB distributing dividends on a semi-annual basis. 

https://www2.sgx.com/research-education/market-updates/20190820-profit-growth-sustains-dividend-yields-dbs-ocbc-uob?utm_source=MG&utm_medium=EDM&utm_campaign=alwayson&utm_term=260819&utm_content=MarketInsight

OCBC had fallen to a good support area and took the chance to buy around the support of 10.51

At this price, dividends is around 4% and I consider it quite decent.

Trump self-acting again on trade war negotiation to ease market worries.  Therefore, I try not to read the news and trade according to what the chart says.

https://www.marketwatch.com/story/trump-says-china-called-twice-to-restart-trade-talks-2019-08-26

Close up, the candle are performing a little higher low.

Black Monday - Bloody Monday Again

DJI drop 600 points.

When Trump going to learn, punch people and people will punch back.

China call USA a bully and yet China also a bully in the South China Sea.

Its all for their own benefits, nothing else.

Good read where history again repeat itself:

https://www.marketwatch.com/story/the-trump-era-could-wind-up-like-the-1930s-2019-08-23

Now, looking at the DJI chart, keep your trading short as long as Trump is still the president as you won't know what he is going to do next.

ST Eng - Buy Spot: 4.02 Stop loss: 3.80 Take profit: 4.40

Support 1: 3.96 Resistance 1: 4.35 Support 2: 3.86 S

ST Engineering (SGX:S63) share price has rallied since 3Q2018. Although the stock took a dip in recent months, we believe the stock has strong upside based on the technicals:
1. The bullish piercing line candlestick pattern formed above the 78.6% of the Fibonacci retracement level of 4.35-3.86
2. RSI Bullish divergence indicates a strong bullish momentum ahead.
3. The stock has been making series of higher highs and lows and the uptrend line is still intact.
4. Price has been trending above the 200 SMA. CHART LEGENDS

Red line = 200 periods moving average

Singpost - Looks Good for Potential Curve Up

Singpost looks like potential curve up.

Singtel - Potential Short-Term Upside

Singtel look bullish for the short-term.  Long-term earnings might not be good due to the very competitive mobile data environment.

Psychology of a Market Cycle

This cheat sheet explain the psychology of a market cycle.  History repeat itself as human pshchology of fear, greed and hope etc. never change.  So remember this cheat sheet well.

Keppel DC - Uptrend Still On Going

If you are a trend follower, then Keppel DC Reit is one hell of a reit to follow.

DBS - Watch The Closing

If it can close above the 200 MA, there is a potential upside.

STI ETF - End Week with White Hammer

Every end of week, study the STI

STI ETF end the week with a white hammer.  It is a potential price reversal.  Confirmation will be on Monday.  Potential entry date will be on Tuesday.

Hong Kong Land - Three White Soldiers Coming To The Rescue

Hong Kong Land had call upon the Three White Soldiers to rescue them.

Three White Soldiers indicate a change of investors sentiment towards the stocks, from bearish to bullish.

Let see next week are they strong soldiers.

UOB Going Near To Support Line

UOB entering near to demand zone of 24.80. 

We have to see how strong the buyer are.

Tonight Dow Tumbles 400 points as Bond Market Flashes Recession Warning

One day up One day down like yoyo

Dow tumbles 400 points after bond market flashes a recession warning

https://edition.cnn.com/2019/08/14/investing/dow-stock-market-today/index.html

OMG Dow Jumps more than 500 points

Here we goes again:

Dow jumps more than 500 points on reports of progress on China-U.S. trade talks

https://www.marketwatch.com/story/stock-market-turns-higher-in-early-tuesday-trade-as-wall-street-attempts-to-halt-multiday-skid-2019-08-13

Venture Hitting Support at 14

Venture by lyn lyn

Re-test 50 MA soon at 15.80

STI ETF - 3.16 The First Support Reach

STI ETF at first support of 3.16

Either it rebound from here or go down to 3.04

Watching!

China Tries to Teach Trump Economics - A good read

Opinion

China Tries to Teach Trump Economics

But he doesn’t seem to be learning.

By Paul Krugman

Opinion Columnist

https://www.nytimes.com/2019/08/08/opinion/trump-china-trade.html

Mapletree Com Trust - Brakes By a Double Top

Double top are powerful bullish reversal signal.  Its good to pay attention to it.

Relief Rally Could Peak Around Aug 14

If history is any guide, stocks could peak around Aug. 14, six trading days after the first spike in the Cboe Volatility Index, Takada said.

Watch out!

DBS - Watch That It Does Not Go Below 24.80

Watching DBS, all will be good if it can stay above 24.80, else will be bad.

Wilmar - Monitor Closely for Any Bullish Trend Reversal

Wilmar have been on a continuous uptrend from Jun to July 2019.

August, it seems to be going sideways.  Be watchful for any trend reversal.

Trading Rules To Remind Myself

Dow 2019 Black Monday Down By 767

China devalue its RMB to counter attack US 10% increase in tariffs.

The fight makes investor nervous and world markets everywhere are not spared.

Continue to monitor the events happening on US and China.  Whether the world markets will crash or not will depends on them.

STI Down by 66.60 As US Heat Up Trade War with China

No need to see chart for this week as it will be down.  Just watch the trade war between US and China.  As long as both side continue to fight, all chart no need to see also down.

10:22 pm

Dow Jones Industrial Average

FollowFollowing

INDEXDJX: .DJI

25,986.61 −498.40 (1.88%)

AEM - Once a Shining Now in Resistance

2017 is a boom year for AEM as it Net Income jump almost 6 times.

Like all tech stocks, it is affected by the world wide slow down.

It is better to run at around 1.20 if you playing with this stock as it is unlikely to go higher unless the world economy improved.

Hong Kong Land - The Turmoil is Still on Going

Hong Kong is still in a political instability condition and Hong Kong Land behave likewise.  Political turmoil is bad for stock as Hong Kong protester does not seem to be giving up so soon.

Nikko STI ETF - 3.24 Might Be a Good Support

Trump creating tension with China again by increasing another 10% tariffs on $300 billions of Chinese goods starting on 1 September 2019.  STI might not rebound soon unless there is a turn of event.

Dow Jones Closing Down 333.8 points on Wednesday

The VIX fear index started to creep up recently and then the Dow Jones Industrial Average (DJI - 26,864.27) explored a 562-point range, eventually closing down down 333.8 point on Wednesday.

Main reason, want to cut interest rate but not aggressive, wait and see attitude.

While the central bank issued a 25-basis-point rate cut and said it will end quantitative tightening measures two months early, Fed Chair Jerome Powell noted in a subsequent press conference today's move marked a "mid-cycle adjustment" -- a comment Wall Street assumed to be hawkish.