hope6's Commentaries

Showing Posts 1 - 15 out of 507 found.

Singapore stock market 26th Nov 2012

After last week sell down, market is attempting a rebound. During this phrase, market tend to be very choppy. We can see strong resistance level around 3016 - 3066. Currently, there is no sign that shows selling is done. We might expect more selling to...

Singapore market news on 7th Sep 2012

STI managed to reclaim 3000 points. Asian market rally after strong finish from overnight Dow. We believe that market will be choppy from here on, so swing trading might not be ideal. However, for individuals that are interested to buy and hold for a few...

Singapore stock market 17th August 2012

Market finished off with small losses. Overall, market is bullish. Most blue chips are consolidating while second tier stocks are moving up. For medium term investors, it could be a good opportunity to enter positions but for short term investors, choppy...

Singapore market news on 12th July 2012

Market experienced another day of roller coaster trading after Wall Street extended losses. Market had been seen rallying close to 250 points since low created on 4th June at around 2700. We expect market to consolidate at this point with immediate...

Singapore market news on 4th June 2012

Asia markets skid as investors take their first chance to react to weaker-than-expected U.S. jobs data, raising fresh doubt about global economy. We expect choppy market ahead as investors are still uncertainty about the degree of seriousness. What we...

Singapore market news on 21th May 2012

Selling has finally come to a stop after Singapore index had made 8 consecutive days of lows. We do expect a brief support at 2750 for the time being. Please do expect market to remain choppy for now so it is advisable to stay sideline for the time being...

Singapore market news for 16th May 2012

Previously we mentioned that sentiment is neutral with more biased on the downside. Asia's stock markets tumble hard after Greece fails to form a unity government, raising euro jitters. This adds on to bearish sentiment. Resistance established at 2870. A...

Singapore stock market for 8th May 2012

Market suffered more than 2% drop yesterday after poor US data and Euro elections. We believe market will continue to be choppy while range bounded. Support is seen at 2900 for now with resistance at 2950 temporarily. We need to observe how market will...

Singapore stock market for 9th April 2012

Market broke down 3000 support which we believe had already turned resistance. Currently, market sentiment is bearish. Consumer price climb a faster-than-expected rate in March, accelerating from 3.2% in February for China economy. Support at 2900 and...

Singapore Stock Market on 30th March 2012

We expect market to be trading range bound from here onwards. 3000 serves as a good support at this level. Market will be choppy so active traders will want to stay sideline for the time being.IPO Cordlife performed well above the market sentiment....

Singapore stock market on 14th March 2012

Market managed to break through 3000 resistance, marching towards 3031.45 created on Feb 21 2012. We expect market to consolidate again after good move today, all thanks good news from the US market. US government reported retail sales jumped in...

Singapore stock market 9th March 2012

Market remains choppy after good and bad news surfaced from US and China. Greece looked set to secure enough participation in its debt swap but China's consumer price rose at a weaker-than-expected rate of 3.2% in February from the same month a year...

Singapore Stock Market 29th Feb 2011

Happy leap day! It only occurs every 4 years. Market is re-challenging 3000 resistance point. We do expect market to consolidate from before a successful breakthrough. 2950 support seen. US stock rises as consumer confidence increases and oil prices...

Singapore Stock Market News - 22th Feb 2012

Market extend rally after Greek deal sealed but worries still persist. We expect market to be choppy as investors might be still jittery about the Euro-zone financial health as well as this credit rating. On the long run basis, we see that market is...

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...

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