Author: forexrace@gmail.com

Morning Highlights There Are No Quick Picks For Today! Singapore shares up slightly, with STI opened at 3150.89. Index is seen challenging towards 3200.   Shares of Singapore-listed Golden Agri-Resources rose 5.4% to...

No quick picks.Index opened flat but closed low. Index dropped 38.13 points to close 3124.38 with 2.112 billion traded. We expect strong resistance at 3200, so index will attempt to challenge that point again. However, bullish...

Index in consolidation after mixed finished from overnight DJ. Cautious trading is needed.News update : 1) Stocks extend morning’s rally after double-digit gain in US existing-home sales.2) Dow closes with 32-points...

Index opened up despite weak finish on Friday US market. We expect 3200 is a very strong resistance which will be tested several times before breaking upwards.News update : 1) US says G-20 should lower current-account imbalances...

No quick picksIndex opened little change after choppy session from the overnight DJ. Consolidating is on the card for now.News update : 1) Finnish mobile-phone giant Nokia swings to $560 million third-quarter operating profit.2)...

Index opened little change despite strong finish in the overnight DJ. Cautious trading is needed during this time period but we had quite a number of IPOs for this week. Just look out for Mapletree Industry Trust at 2pm...

Index gapped down after overnight DJ sell-off. We advised cautious trading for active individuals or stay out of the market for the time being. Resistance seen at 3200. New update : 1) People’s Bank of China lifts deposit...

Index had little change despite strong closing in the overnight DJ. We are expecting consolidation for our market, so be cautious when opening any trades as mentioned yesterday.News update : 1) Citigroup posts $2.2 billion...

No quick picksIndex opened unchanged after Friday choppy session in the US. We expect consolidation to set in from this point of time. Therefore, we advised cautious trading when opening any positions to prevent unnecessary...

Index opened unchanged after US choppy session. We can expect a consolidation for today. But still, market sentiment is bullish despite index closed below 3200.News update : 1) US initial jobless claims rise to 462,000 up 13,000...