Thursday, January 19, 2017

938 Live Singapore Market Updates - 18 Jan 2017




Why were markets mixed, ahead of incoming U-S President Donald Trump's inauguration on Friday?
Market was down following the the US market, as Dow jones fall slightly by 0.3%. The USD index descended in response to the remarks made by the US President-elect Donald Trump that USD was overly strong. The US stocks softened last night. Asian markets traded mixed with Hong Kong stocks faring well, Hang Seng index up more than 1%, Singapore STI fall to the low of 2990 and manage to recover the losses to close at 3000. Overall market was pretty concern about the Donald trump's inauguration this friday, but we have not seen any big surprise move yet.

Turning our attention back to Singapore, the company earnings season is gearing up in full swing. What's your take on this?
I think with the Earnings coming out, market will be more exciting and also expect to have more volatility. Next week 26 Jan, we will see Keppel Corp earnings , with the price moving higher over the past 2 month, this could be telling us that Oil stock is recovering. I think we can look forward to watch some of this oil stock's earnings.

Singapore's STI is hovering around the three thousand psychological mark. Is the local market due for a correction?
Over the past 2 month, most of the gains on the index stock was due to the bank sector, however the rest of the other sector did not really have a big move, hence if there is a correction, i would think that the banks will probably pull back a slightly as it is in the overbought region. With US dollar weaken last night, i see that some of the stock started rally, hence if STI were to pull back below 3000 due to banks having some pull back, some other sector might play catch up and move higher. Hence instead of pulling our money out of the market, i would adapt to other stronger stock in the Oil sector or Food sector.

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In this event we are going to learn more about ..

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Singapore Company Results: The earnings seasons for Q4 2016 is here !

Many people is asking when is the Quarterly Results or Full year result coming out for Global Logistic, DBS, Genting & etc...

The earnings seasons for Q4 2016 is here, below are the Singapore stock corporate earnings calendar for (Q4 2016)

Notes: Sourced from Bloomberg All US Tech results dates have been adjusted to Singapore dates

Click here for our latest upcoming seminars

Wednesday, January 4, 2017

Singapore Uptrend stock back in Action

For the last few month, we only see the Bank sector rally, the rest of the stock listed in SGX was really sleeping. Today finally we see some action again, this few stock are the winners we mentioned in 2016, now they seems like picking up strength again.

1) Jumbo - 
Industry: Food

2) Japfa
 Industry: Food Processing

3) Sunpower
 Industry: Industrial Machinery / Equipment - China Based company

4) MM2 Asia
 Industry: Movie Production/ Cinema Operation
For more Sector analysis or Market outlook. I will be sharing it on my free seminar this Saturday at SGX auditorium. 

Time: 10am - 1pm
Location: SGX Auditorium

Will the bank sector benefits from the rising interest rate?
Will the 10 year cycle of the Bear market  happen this year? ( like in 1997, 2007, 2017?)
Will STI move above 3000 points?

We will also share what are the Risk and Opportunities in 2017 Investors have to take note! Dont miss this!

you can register this free seminar at this Link below

Stock Market Outlook 2017 - Oil & Gas

2016 was a year with alot of uncertainties and surprise for Singapore stock market,. We started 2016 in a panic mode as oil price crashes below $27 and ended 2016 with a bullish mode with dow jones hitting all time high. Oil price was up more than 100% from the low, a surprise rally after Brexit and a unexpected rally after Donald trump got elected.
Overall performance DJI - up 13.1%
S&P -up 9.4%
Nasdaq - up 7.89%
US crude oil $26.55 a barrel lowest in January - to highest 55.44, end the year around $54
STI - up 0.23% close at 2880, highest 2981, lowest 2529. 
Hang seng index -  down -1.87%
Shanghai composite index -Down- 12.52%
Kuala Lumpur Composite index (KLCI) down 3.5%

What we can see is that most of the Asian market is not doing so well, mainly due to capital flow to US market. STI traded near 2850 throughout the year. Highest it reach was 2981 when bank sector rally, lowest it went was 2554 when the oil price was trading below $27.

Will the Oil stock rebound in 2017?
Oil prices is rebounding as mentioned above it moved from $27 to $55, that already tell you that it is obviously not downtrend . With OPEC and other producer agreed on output cut, oil stock could be one of the highlight for 2017.

In 2016, we see that oil stock falling to the lowest point, Ezra & Ezion was at $0.037  & $0.210 respectively in September, that was during the news of "Swiber default on bonds" came out. Now they are $0.05 (up35% from the low) & $0.39 (up 85% from the low) respectively. To me, both is risky stock but Ezion seems to give a better return in terms of the magnitude of the previous upward movements.

What about Sembcorp & Keppel Corp?

Keppel and Sembcorp was trading volatile during the first half of the year, mid year was pretty sideway. Only in November the price start to jump up again. Overall, both stock seems similar in pattern but I will favor Sembcorp Ind over Keppel corp as Sembcorp Ind has better performance than keppel corp over the past few years. Further more, part of keppel corp's business is also in Property, if interest rate up, property sector maybe gloomy.

For more Sector analysis or Market outlook. I will be sharing it on my free seminar this Saturday at SGX auditorium. 

Time: 10am - 1pm
Location: SGX Auditorium

Will the bank sector benefits from the rising interest rate?
Will the 10 year cycle of the Bear market  happen this year? ( like in 1997, 2007, 2017?)
Will STI move above 3000 points?

We will also share what are the Risk and Opportunities in 2017 Investors have to take note! Dont miss this!

you can register this free seminar at this Link below




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