Recent hope6's Commentaries
Singapore Stock Market Updates on 7/2/12
Market faces updown pressure as investors turn their attention on Greece. Talks have been postponed to Tuesday as leaders are trying to come up with agreement to prevent Greece from defaulting. We expect market to be choppy at this current point so please stand sideline first. Nevertheless, we ar...
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Tags: stocks | singapore | greece
Singapore Stock Market Updates on 26/1/12
Happy new year everyone! Hope you enjoyed the long holidays.Market is on the upbeat after the Federal Reserve said interest rates would remain low through late 2014. We mentioned before that if 2,800 is broken, it will turn support. As far as we are concerned, the market had rallied close to 300 ...
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Singapore Stock Market Updates on 17/1/12
Market recovers some losses after yesterday sell-off. Shares advance across Asia as Europe-inspired jitters ease. China economic data due. This week's inflation, housing and manufacturing reports are likely to show the U.S. remained on a modest upward track at the end of 2011. We expect market to...
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Tags: stocks | singapore
Singapore Stock Market Updates on 13/1/12
Asia stocks rise after successful European bond auctions and comments from the European Central Bank help alleviate some euro-concerns. We are still cautious with the market performance and uncertainty still clouds the market. More shares are slowly turning positive which signify market maybe tur...
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Tags: stocks | singapore
Singapore Stock Market Updates on 6/1/12
Market retraced after past up sessions. We expect market to consolidate before a trend starts. At current point, we advise staying sideline as market shows great uncertainty, mainly in the Euro zone as well as good news from the US.Sentiment --> Neutral
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Tags: stocks | singapore
Singapore Stock Market Updates on 28/12/11
Market trades cautiously before ending 2011. We expect volume to pick up after New Year. For conservative investors, we advise to stand on the sideline for now as market has no direction. What we are sure is that 2,700 is a strong resistance. Sentiment --> Netrual
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Tags: stocks | singapore
Singapore Stock Market Updates on 21/12/11
US market rally after a solid report on November housing starts. Asia market join in, with strength for exporters and resource firms, as renewed optimism about the health of the global economy boosts risk appetite. However, Bank of Japan says economic recovery 'paused' and keeps policy rate uncha...
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Tags: stocks | singapore
Singapore Stock Market Updates on 13/12/11
Asian shares slides, with exporters and technology firms putting in a weak performance. Stocks in the US market decline after Moody's Investors Service said it would review the ratings of euro area countries. We did mention before that market is likely to be choppy and we do expect wild swing fr...
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Tags: stocks | singapore
Singapore Stock Market Updates On 7/12/11
Asian shares rise, with optimism returning ahead of this week's crucial European meetings after a report that a second rescue fund may be available. Market tends to be choppy. Light volume is expected during last month of the year as most fund managers are off the desk. 2800 is the resistance fo...
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Tags: stocks
Singapore Stock Market Updates On 1/12/11
Asian market join in a global rally as the central banks of the US, euro region, Canada, the UK, Japan and Switzerland agreed to cut the cost of providing dollar funding via swap arrangements, the Federal Reserve said, and agreed to make other currencies available as needed. DJ had their best pe...
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Tags: stocks | singapore
Singapore Stock Market Updates On 25/11/11
Market gapped down, with energy and banking stocks notable decliners, as ongoing concerns over Europe's debt crisis kept investor sidelined. As we are getting closer to year end, do expect that market volumes will be lower. However, with Euro crisis in the focus, we do expect market to be on the ...
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Tags: stocks | singapore
Singapore Stock Market Updates On 21/11/11
Asia shares lose ground on concern over Europe's debt troubles and lack of a US deficit deal. We did mention that a break through of 2750 will represent that market will head down even lower, testing 2700 support. From what we observe, market tested 2700 but bounced back. We expect market to be o...
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Tags: stocks | singapore
Singapore Stock Market Updates On 10/11/11
Asia markets sink, as rising Italian borrowing costs wash fresh waves of anxiety about the euro-zone debt crisis over the region. Italy on the brink as bond yield tops 7%, a day after Silvio Berlusconi is effectively forced to commit to stepping down. Singapore market gapped down and traded belo...
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Tags: stocks | singapore
Singapore Stock Market Updates On 2/11/11
Despite sell down on yesterday US market on Greece crisis, Singapore market managed to eek off gains. On short term basis, we expect market to be on the upside. However, do take note that long term basis, the market is still down but is under going a transition period of turning bullish, in other...
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Tags: stocks | singapore
Singapore Stock Market Updates On 28/10/11
Market finished positive yesterday with heavy volume of 2.3244 bln traded, up 77.63 points. Market successfully broke through resistance of 2800, marching towards 2900. We do expect a brief pause before market break through 2900 again. New support at 2800 is formed. We mentioned before that marke...
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Tags: stocks | singapore
