UOB Kay Hian Review – I Like Their Charting Platform Better
UOB Kay Hian (UOBKH) is one of the leading stock broking firm in Singapore. Recently, they have re-brand their online platform as UTRADE. I have opened an account with them some time ago through my friend who is working as a dealer. Before I opened an account with UOB KH, I already have accounts with [...]
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The Shortists Can’t Bring the Market Down
Although it seems that the bulls and bears are still fighting to determine the market’s direction, it’s telling me that the bulls may have the upper hand now. Why do I say that? The above chart is the DJI (click for bigger view). Price is now clearly above the 200-day moving average, so it’s towards [...]
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MF Global (Singapore) Bankruptcy Saga – Can Investors Get Back Their Money?
The New Paper wrote about the MF Global bankruptcy on 5th Nov. It interviewed David Gerald, president of the Securities Investors Association (Singapore). Here’s the Q&A and I have underlined some of the more important points: What is the worst-case scenario for investors affected by the shut down of Wall Street brokerage MF Global and [...]
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Silver Price Might Fall Again
From the daily chart above, silver has formed a bearish pennant. Volume is getting lower and lower as well. For more information on bearish pennant, click here. This is not looking good for me. It has the possibility that the price will go down lower. Above is the weekly chart of silver, which also showed [...]
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Market Has Changed From Oversold to Overbought
I hope my chart above can explain clearly (click on the chart for a bigger view). Seems like the rally is losing steam and price will drop soon. DJI roughly has the same kind of chart pattern as well. Just last week, the market was seriously very oversold. Now it’s the reverse, becoming very overbought. [...]
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I Went In And Got It Wrong
I was talking about Kimco Realty (KIM) a few posts ago. I mentioned that I entered a short position. You can read the post over here. It was a trade that really went my way – the drop in price was big and I made decent profits. The swing trade lasted 5 days for me. [...]
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I Didn’t Sell My Silver. I Bought More Instead
I had my fair share of emotions (fear) when I realized that silver has dropped to $27 for a period of time. I was thinking whether the bull run has indeed ended. My thoughts: “Should I really sell this time? Will it drop to $20??” I told myself to calm down. The worst time to [...]
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Has the Bear Market Arrived?
(Click on image for bigger view) If you look at the STI chart above, you will realized that during the past 10 years, the 50-day EMA (exponential moving average) only cut the 200-day EMA twice. This is very significant to me. It’s a confirmation that the bull market has turned into a bear market. During [...]
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US Bond Market Crash – Be Prepared
I have just attended Dennis Ng’s masteryourfinance.com gathering seminar yesterday. Basically, the talk was about a brewing financial crisis and how the US bond market is leading to a crash in the near future. If you did some research online, you would realize that are already quite a number of alternative financial websites which are [...]
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The Best $2000 I Ever Spent
I attended an investing workshop recently on 2nd/3rd April. It’s a 2-day “Secrets to Making Money in Stocks” by Dennis Ng, from masteryourfinance.com. I know the title of the seminar sounds cheesy, but I can tell you, there are really secrets. I will explain later. Some of you might be asking – Dennis who? You [...]
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