Market Updates - Should you be in NOW?

US stocks tumbled in the final minutes of trading Tuesday, dashing hopes for relief from the week long rout. 

All ten industries of the S&P 500 closed lower, led by Utilities (-3.16%) and Telecommunication Services (-2.25%). 

See below chart, China Shanghai Stock Exchange as of yesterday was down 40% since end of JUN which alerted by

Sell arrow using our ART Trading System.  BlueCandle  Change to RED candle is Exit Signal

Singapore market 

As mentioned yesterday’s Email rebound as just a technical rebound and also a means for investors to Exit their long position 

Hence, if the STI fails to retake 2900, we could see the index slipping back towards 2860 or even 2800.

And if 2800 breaks, it could lead to a return to around 2698 (early Jun 2012 low).

See below STI chart, it has been drop by 20%. Our ART Trading system alerted Sell signal at 3480 and 3300 before it drop to lowest 2805.  

BlueCandle  Change to RED candle is Exit Signal, we will not be in unless we see Blue Candle  

I want to get the Email, Open a Free Trading and CFD account for me. 

 

Keppel Corp:

First Sell Signal at 10.80 on last year September before it drops to lowest 6.4 recently

 BlueCandle  Change to RED candle is Exit Signal, we will not be in unless we see Blue Candle

I want to get the Email, Open a Free Trading and CFD account for me. 

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MARKET ALL DOWN, it you should be on to CFD to short Stocks

China Shanghai Index Drop 22%, into bear market? Cut???

If the Rate cuts and RRR cut dont work, what will China Government do to prevent further drop?

Freeze/ Suspend IPO as alot of money has gone into the IPO stock, they have gone up and now came back down.

Reduce Stamp Duties or the Leverage of Margin financing.

My personal view:
This round of correction is good for the bull market, it is actually a long overdue correction to remind the investors to be cautious of market Volatility. It is not whether your stock is a good stock or a bad stock because everyone will think their stock is good, that is why they buy and own it. It is about the size you are holding is it too big for you to hold, more often than not, Investor tend to take too much risk than they suppose.

How much Risk is Right?
If you can sleep very well when Dow Jones/SSE drop 3% a day, That means you are managing Risk right. If you feel worry and cant sleep, that risk is too much for you.

Bottom Line: "Market will always be around, you must be around when market turn around"


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http://www.bloomberg.com/news/videos/2015-06-30/china-a-shares-in-bear-market-as-index-falls-22-

Bloomberg's Stephen Engle reports on the performance of China A-shares. He speaks with Bloomberg's Yvonne Man on "First Up." (Source: Bloomberg)

5 Important Fast Fact of STI - updates

Do checkout how we ride the trend from 3000 till now

http://www.andy-yew.com/2014/02/selling-top-catching-bottom-of-sti.html

1. For the Past 14 days STI have been staying above the 5days Moving average, Uped more than 100 points. This 5 days moving average is actually can tell the Short term trend.
2. For the Past 14 days STI make New high every 3 day
3. On 25 Feb we STILL see a new high, There is still buying going on in the market. Today 26 is second day no new high, we need to see 3 day no new high to confirm the reversal.
4. Property Sector still weak, Capitaland, Capmallsasia is hitting the low for past 5 trading days. Banking stocks will get profit taking first (turn down today). Commodities sector is the strongest with wilmar and GoldenAgri Hitting the High for past 5 trading days
5. Watch out if today close below 3100, do watch if STI break 3080, if we dont break new high in next 3 day, we are on profit taking. STI likely to go Sideway or down.

Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339 

5 Fast Fact on STI

5 Fast Fact on STI

1. STI reverse from a downtrend after 3 days no New low turn around.
2. Currently STI make New high Every 3 day and stays above 5 simple moving average
3. Trader in profit will watch 5 SMA as a trailing stoploss, currently at 3070.
4. As long as the STI make a new high, someone is buying up the market. If nobody buy, price cannot be higher.
5. As long as price did not drop below prior day low, the selling is not strong enough to turn the the market upside down.

Rather than shouting where is the market high or low, we prefer to read what the STI is telling us by the facts. Trade the price actions, not your opinions.

Selling the Top & Catching the bottom of STI

Remember we mentioned that STI is at Critical support, when STI was at 3119 we warned about the >100point drop in overall market. Once again we get the big move right on the market. I am glad that we have informed all our client to reduce holdings before the drop. If you still not our client, you should seriously think about it. Since opening  a trading account is Free and for the extra service we provide is really awesome.

If you are interested to open a trading account pls drop me a message here.

our previous post on STI outlook: http://www.andy-yew.com/2014/01/sti-at-critical-support.html 

The above chat group is our Students discussion group, we mention all to sit tight when STI break the support at 3114. If you want to know more about our program for full time trader, pls drop me a message here.

STI today close at 2988, today is the 3rd day no new low, tomorrow our strategy will get trigger if price break above 2995. If it get trigger, market is telling us we have fall enough, its time for rebound with stoploss place at 2851, ITs good time to look at Strong stocks

STI at critical support

As we all know that STI is running on a sideway trend, most blue chip is not moving up. Current  resistance is at 3155, support of STI is at 3115, pls watchout for downside risk if this support is broken, for the previous few occasions, when STI break sideway support or resistance, it usually result in a >100 points move, hence if you are waiting for a big move, dont miss the breakout/down!

Today we saw one of the bluechip moving lower, our Singapore Airline (SIA) break the support level and moved lower into a downtrend. Lets watch and see which is next stocks that break the  support.

Some Mid Cap trending Stocks You should be trading

Market Outlook report - Singapore and US market 7 Jan 2014

Congrats if you followed our previous post : 

http://www.andy-yew.com/2013/12/s-market-outlook.html

Last week, we spotted a good place for SPY to take profit. Since then the market changed to profit taking mode accompanying with gradual sell down. In US market, we are still in a Bull market, unless S&P fall below 1760 then we start worry about the Bear. We will look for opportunity to buy on Dip for US stocks, especially those stocks with smooth, low volatility, uptrend. 

Meanwhile, we will stay Out and stay cool with our profit. Wait for SPY break and close above 10ma for the next long position. For existing position, be prepared to get stopout with your trailing stop, if it doesnt, continue to ride the trend.

 Last week we also SMS out to take profit for Singapore BlueChip and OCBC and reduce Long position. Quite lucky to sell OCBC before the big drop. STI is much weaker then the rest of the Market, probably because Property stocks mostly at 52weeks low. Blue Chip dividend is also not so attractive due to QE tapering story. Strategy wise, we will continue to Long stocks above 10MA and 20MA. If you want to receive our SMS on market status, pls drop us a message. thank you!

Furthermore, STI mark the 3 day no new High, this is sign of profit taking, since fund house already took profit, any further downside risk(bad news) will be a Sell down.

Join us for a Stock Market Outlook Seminar this week!

Market Outlook Q1 2014

FREE Hong Kong & Singapore Stocks Seminar this week, 

we will share with you:

1) How to PICK STI stock when it bottomed and Sell at the Top
2) Stock analysis with the NEW ART SYSTEM
3) Strong Singapore and HK Stocks that will Rally after the Correction
4)Strong and Weak Sector to watch Now

Date: 9 Jan 2014,  Thu (English Seminar) 

10 Jan 2014,  Fri (华文讲座) 7pm - 10pm

Time: 7pm - 10pm

Venue: 

141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Speaker: Andy Yew (ART system Founder)


To register pls click here 

or SMS <Name><Email><HP><Date><Number of seats> to93676623

S&P US Stock market outlook

Previous Post: http://www.andy-yew.com/2013/12/us-market-outlook.html

In our previous post on SPY we see that there is further upside in the US market, congrats to those who followed us and traded the US market SPY is now 183.85( S&P index 1842.02). Currently RSI is close to 70, this is a sign to warn us on profit taking but not to be too worry if the price is still making new high. When price make new high, it is sign that people are buying. Just to be careful on the downside risk when it is coming down, it is time to mark your trailing stop and focus on profit protection.

S&P up 0.62% onMonday

S&P up on 0.62% Monday, we see that currently price hit the 10days SMA and 20days SMA resistance. Until we see the price close above 10ma or 20ma, then we will be bullish on the index. Long stock that is stronger than the index will be the good practice at this junction.

STI remain Weak on Tuesday

STI mid day down 10.56 to 3103, STI remain downtrending in short term but however the drop has slowed down as price stop making new low(base on current chart), if price break 3098 this will be sign of further weakness. We are now at a crossroad, lets see where big boys want to bring us, if they want to have a Green Christmas today and tomorrow will Buy UP above 3127, if they want a RED Christmas then we will see the break of 3098.

S&P remain Strong above the 10sma and 20sma, though it is near the previous high resistance, there is no sign of turning down yet. US market is still strong, continue to ride the wave~

5 Fast Fact on STI Chart

5 Fast Fact on STI Chart

1. Four Trading days ago, STI gap down after a sideway trend support at 3200, this is telling us we "might" be going down further
2. Today STI make a Lower Low than previous 3day, This somewhat confirm the Short term we are on a downtrend and there is no sign of reversal yet. Unless STI close above 3185 in next few day, then "maybe" we have chance  for a rebound.
3. For the past few trading session, we saw a lot of sell down on Good blue chip counter. E.g ST engg, SATS, Starhub, Capitaland. This is something crazy isn't it? Seems like fund managers are throwing towels!
4. Today even Strong Mid Cap are falling and some closed below 10SMA, this probably tell us the strong stocks going for a Break, for a while as market dont look so good. In simple term, A correction could be coming, is time to put on your safety belt or practice some Shorts.
5. We called on Profit taking at 3209 in our Previous post, now we know that is really where the Big Boy's exited. http://www.andy-yew.com/2013/11/sti-sideway-profit-taking.html

Want to know more about the market or how u can be a better trader? Check out our up coming seminar below!

Free Singapore Stocks Seminar

What are the singapore stocks to BUY and SHORT in this November market?

十一月份 可以买或卖空的股票

Join us to know what Singapore stocks to watch out for!!!
Do recommend your friends to this workshop!

Date: 14 Nov 2013, Thu (English Seminar)  7pm - 10pm ***Cancelled

           15 Nov 2013,  Fri (华文讲座) 7pm - 10pm

Sharing on
1) Spore Stocks that are trending upwards that you should take note of
2) Spore Stocks that did well for earnings
3) Spore Stocks that are giving good dividends
4) Spore Stocks that are suitable for short term trading
5) Spore Stocks that are defensive plays

Plus we will be providing analysis on your stocks!

Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Speaker: Andy Yew (ART system Founder) 

To register pls click here 

or SMS <Name><Email><HP><Date><Number of seats> to 93676623

STI Sideway, Profit Taking

Previous Post on STI: http://www.andy-yew.com/2013/10/7-facts-about-sti.html

1. As mention in previous post, STI Support Remain at 3200. However Since US market is not moving higher last night, there will be more chance of Profit taking going on today.
2. Resistance remain at 3235-3240 area, unless we can break this STI can move in uptrend again. We are now in a short term sideway trend.
3. CityDev, Capitaland, Biosensors, SGX are among the few weak stock on thursday
4. Is it a good time to short yet? Probably not yet, now is good time to clear some old inventory. If you have some stocks not moving as planned, is good to cash out first. and look for higher probability trade.

7 Facts about STI

1. The Recent High is at 3235, which is 4 Trading days ago. This show that fund managers/big boys stop buying higher for a while.
2. The short term critical support should be somewhere at 3200, which some people will call it the psychological support
3. The prior trend before the Recent High is an Uptrend, we saw STI forming multiple daily New High since 8 Oct.
4. When we are trending up, retail player are worrying about the market. Now STI stop moving, they get even worrier (Not become a warrior).
5. STI chart is looking similar to S&P, means there is some correlation. Most likely we are waiting for them to move higher then we follow.
6. BlueChip and Mid cap mostly still strong. KepCorp, F&N, SPH, Kepland, SIA engg still not turning down, means BB still not selling. Then seems bullish on the market.
7. If STI break the support at 3200, means big boys selling. We should follow them to sell first, If STI break 3235, means big boys are buying, we should buy more if that happen. If STI still stay within the zone, we shall stay put with what ever we holding right now, dont move.

Untold Secret of CFD Trading - by Andy Yew

6th November 2013 (Wednesday), 6.45pm – 9.15pm

  Venue: Crystal Room, 3 Shan Road, Phillip Investor Hub

Register Here

Shareinv Article: 3 Things You Should Spot On STI Chart

Chart On Straits Times Index

1)    Lower High, Lower Low
A bull trend is usually identified by having a series of rallies where each rally exits at the highest point of the previous rally (higher high). The drop between the rallies ends above the lowest point of previous fall (higher low). We have seen this on the Straits Times Index (STI) chart since beginning of 2012 where the STI consistently formed higher highs and higher lows. However, a bear trend started when the chart started to form lower high and lower low. We saw the STI formed a high and lower high between June and August, and yesterday we just saw STI broke below the previous low of 3,066.

2)    Death Cross
One of the most popular ways technical analysts use to determine market direction is to use the classic “Death Cross”. A death cross forms when the 50-day moving average goes below the 200-day moving average. The terrifying drop for the past two weeks by the STI has led to the formation of the death cross seen on the STI chart. To many technical traders, this is a sign on an end of a long-term bull trend.

3)    Uptrend Channel Broken
Since October 2011, the STI started its rally from a low of 2,521 to a high of 3,464 and all this while, the STI was trending up in a big fat channel. Every time when there is a correction, we will see that the STI is supported by the long-term trend line. However, the fall of the STI in June 2013 hinted us on the bear trend, and now we probably need to be more cautious of the market as the “uptrend” is now obviously broken.

Singapore Market Outlook - Correction indeed!

We get it Right again, last friday we sms out to our clients that we need to reduce our Long position and its time to go Short to hedge our position. One Monday, I posted that some stocks has turned weak, market has turn weak. Time to be caution as market maybe going into a correction soon. Today STI indeed dropped 44points, this was almost immediately after we list out all the weak stocks for you to sell or short. Check out the previous Post on the correction: http://www.andy-yew.com/2013/08/market-outlook-correction-again.html

This list above are stocks that turned weak Today. As market plunge, the stronger stocks might turn weak as well. A few of our favorites are here as well e,g: Kreuz, Comfordelgro, HongFok, Cordlife, OUE, Singpost, ST engg, Yanlord. Our system call for sell for these stock, provided it drop 1 bid below previous day low.

Market Outlook - Correction Again???

http://www.andy-yew.com/2013/08/current-market-outlook-reporting-at.html

As mention in previous post on market outlook, if STI break 3200 we have to reduce our position. I believe many of the retail players are still in Long position and not willing to get out. As a trader, we cannot always expect the market will turn out to be the direction we THINK it will go. Some times they will just go opposite direction. However when the direction is Obvious, pls do Follow the Trend, Get out of the market and go Shorts. Above are Stocks that is previously Strong Stocks. Using our Position trade scan, the results is telling us that these strong stocks has turned weak recently.

This list above are stocks that is previously weak stocks, now turn weaker. You shouldnt be holding these counter right now. Should have cut losses long ago.

Current Market Outlook - reporting at Starbuck!

 While many people are rushing work on monday morning, I am spending this beautiful monday at Starbuck watching the market. The 3 reason why i love Trading is, I can choose to work anywhere i like, I can choose to work any Time i like and I can choose to work with anyone i like! Cheers. Have a great week ahead!

26 july 2013: I had an interview on 958FM in the afternoon. I mention a few things which is quite correct.
1) Banks and Property stocks is the strongest sector. We should remain holding these sector.
2) US market remain strong for mid and long term, dont need to worry.
3) Penny stocks is overheated, Retail player beware. Now we see, a lot of people are stuck now!

STI is making everyone sleepy today, just like weather. We see it currently trading in a range bound between 3200 and 3280. For it to move higher, we need to see STI beak 3280,

Action plan 1: only buy more stocks if STI give us the signal of going higher.

If it breaks below 3200, i believe that a alot of fund managers will manage their risk. Cutting down positions.

Action plan 2: if break 3200, Cut your position. Short to hedge position

If STI stay within the range mentioned above:  STAY COOL!

If you have stock stuck in the market and dont know what to do. Ask us.. ==> : arteam@phillip.com.sg 

Market Outlook - Will market stop dropping soon??

Don't try to guess how far a trend will go. You can't. Peter Borish, former second-in-command for Paul Tudor Jones, lays bare the only concern a trader must have: "Price make news, not the other way around. The market is going to go where a Market is going to go."?

http://www.andy-yew.com/search/label/Outlook

I mentioned "Is this a Market Correction(Yes), this is the second correction we are facing since the FEB to APR correction. So will this time last for 1-2 month that long? I am not sure about that, i will just wait for market to tell me when it will be back. Now is beginning of mid term downtrend, people who shorted will hope that the downturn last as long as possible."

It might last for month, right now we are in an extended downtrend. Hence if u  have attended my talk you will understand how we will enter the market again. Remember Wait for 3 day! Wait for market to stablise, dont catch the falling knife. 

By the way, we dont really care for support for now, we will just cover "some" of our shorts when market 3 day not falling anymore.

Guess Which Stocks Are Still Standing Strong?

Market have been selling down for the past week, one good thing about Metastock is the Scanner is really useful to do a filter for stocks. However, the interpretation of the results is the one that make you profitable. This list of stocks are currently the Strongest stocks, that is still standing after STI wipe away 150 point in 6 days. 

For trend followers: The key is not picking the right stock, but to ride the right trend till it bend.

Some conclusion from the scan result:

1) Big boys are still holding these stocks 

2) Most of these stocks are lower than 80cents (Small cap), small cap may run when there is a technical rebound in the market? *** HIGH RISK, pls prepare 10-15% stoploss

3) This list get shorter and shorter than previous week, even you buy some of these.They might turn weak as market turn weaker. Big boys may also give up on these stocks, but if they are still holding right now, they probably continue to hold longer because not much people going to buy these stocks, at this time. Most people will look at "Bargain hunting" which is buying stocks that drop alot, so big boys will continue to push higher until they got enough people to sell to.

Every single successful trader ever interviewed as far as I have read has said  something along the lines of “Cut your losses short”,”Let your winners run.” “Pull the weeds, water  the flowers”. 

“The elements of good trading are cutting losses, cutting losses, and cutting losses.” -Ed Seykota

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Weak Stocks in the Market

I am glad that we inform our client to take profit last week, telling them to reduce holdings on hand and get ready to short STI. We have been planning for this for long long time. Finally STI give us the signal. For those who shorted STI, now is almost 100points profit! This is good enough to hedge your  whatever long position that you are not willing to short.

Dear Clients, STI down 40point at 3413, Overall market is weak, REITS also Weak. we caution all to manage risk and reduce holdings by 20-30%( if have 10 stock, sell 3). For shorting, can look at Vard Holdings and Biosensor. STI index for hedging. ARTeam (23 May 2013 2.21pm)

Yesterday we hit it right on the spot as we were waiting STI to break below previous day low at 3393, once again we prove to many our strategy works well. Again we call to SELL REITS.

STI down 13 at 3392, Mid/Short Term can Take Profit as STI lower than 3393 Support. REITS sector weak(stay away). Clear off lousy stock on hand. ARTeam (29 May 2013 2.30pm)

Right now what is there to do now? I always feel that we should not act in Panic(E,g sell many counters at one go), now (STI down 50points), it is very hard to decide whether to sell or do not sell already. However, do note that sometime we still have to manage our risk. By selling 1 or 2 losing counters when it is dropping is always better than sitting down doing nothing. In this case, you will have clearer mind to decide what to do with the rest of your holdings.

Above pic are Weak Stocks current in Mid term downtrend, some could be down for long time already.

Is this a Market Correction(Yes), this is the second correction we are facing since the FEB to APR correction. So will this time last for 1-2 month that long? I am not sure about that, i will just wait for market to tell me when it will be back. Now is beginning of mid term downtrend, people who shorted will hope that the downturn last as long as possible.

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