Friday Joke

Hi everyone, enjoy your weekend.

情人節的晚上,


老公問老婆:

你喜歡什麼花?

老婆羞答答說:我喜歡兩種花...

老公急切地問:哪兩種? 我送給妳!

老婆低頭小聲說:有錢花跟隨便花!

老公傻傻地說:妳真美!

老婆嫵媚地問:我哪美?

老公深情地說:想得美!!!

Cosco

Cosco looks good.

Market Retraced, But I'm Lookin to Long

Stocks near their support:

SATS : 2.81 support

Capitaland: 3.9 support

China XLX: 58c support

Two Properties

Straits Times

The general uptrend is still well intact for STI, it's undergoing a little bit of profit taking and correction. It's normal for a bull market. Short term support level is pegged at 3150~3130. Resistance is 3233.

OUE Poised to Move Higher

Commodities Going Strong on Weak Dollar

I have all my support and resistance levels in below charts:

Few Long Ideas This Week

Good morning everyone.

Straits Times is at its 20dma support currently, and I've got this few charts set up for long:

ADR Trade Symbol

Trade ADRs same like any other stock you trade on SGX, just key in the symbol in the red frame to get the stock counter. No US trading account required.

It's Gonna Be Hot.

I see this mouse pad on my table when I arrive my office, they are really ready for it.

Lottery Play

Gallant: just breakout its resistance 28c, now 28.5c

ADR Start Trading on Fri 22 Oct

This is a big one-- ADR will start trading tomorrow, I feel excitement. I can trade one of my most favorite counter Baidu.com (BIDU) at SGX now.

Understanding ADRs – Starting Friday, Singapore investors can trade American Depository Receipts, or ADRs, on the Singapore Exchange (SGX) during local hours. The ADRs were first introduced in the US to facilitate American investors to buy and trade shares of foreign companies that were not listed locally. Typically, an investment bank would purchase a bulk lot of shares either from the company or the market, re‐bundle them and issue them on the US stock exchanges. ADRs are eligible for dividends, though they carry no voting rights. The initial 19 ADRs to be quoted on SGX will be fully fungible with their counterparts on NASDAQ within 24 hours, making this a 24‐hour continuous trading platform. The ADRs will be quoted in 10 shares per lot and denominated in US$. With SGX hoping that such trades will take off in a big way, investors may be rewarded for venturing into uncharted waters to meet the first wave of excitement sweeping up.

OUE To Move Higher

OUE next target is 3.20.

Any Big Hand Lost Again?

Still remember it was a local businessman lost $26m in three days in the casino intrigued the news reporter, genting was heading up then. Soon after that, a loss of $100m on the news again, much contributed to it's quarterly stunning result. Genting Sp up again today, gain 7c at 2.22 as I'm writing now. Don't know whether it's due to some big hand loss or good outlook on its 3rd quarter result which will be out on Nov 12?

China Interest Hike A Danger for Bulls

"China unexpectedly raised its benchmark lending and deposit rates for the first time since 2007 ahead of data that may show inflation accelerated to the fastest pace in almost two years. Stocks and commodities fell."

STI immediate support level is its 20dma at 3146, and current resistance is at 3218.

Few Longs

Straits Times

STI has been bullish on its weekly chart with no any signs of immediate reversal. The immediate resistance is 3233.

They Are Energized.

Wow! Amazing.

Jaya

Jaya poised to move higher.



Have a nice weekend ahead! See you.

CapMallsAsia In Sturdy Uptrend

It's maybe "old man" stock for some. But it's where risk-less money can be made.

Biosensor

Biosensor has been consolidated in the range from 1.01 to 1.1. It's trading in the nice uptrend, long signals entry at the support 1.01or breakout of resistance 1.1.

StraitsAsia

StraitsAsia has yet to move up, currently has been consolidation in the range from 2.32 to 2.39. My bias is to upside with short term target 2.48.

Lottery Play

Cheung Woh looks plenty of room to upside.

Wheelock

Wheelock as a laggard poised to move higher, with short term target at $2.

SIA Engg

Just want to do a quick note here for today's market. STI is probabaly one of the most bullishest day of the year. It had a stunning gain of 52.8 points, close at 3202.16. With all the banks and blue chips up together, pushed the STI up. The commodities and banks are under spotlight among all.

In the bull market, find those stocks retraced and get in, you won't be wrong. One of such stock is as below: SIA Engg

China Stock Market Wake Up

Shanghai Stock Index have had stunning move for the past five consecutive days...big WOW.

I don't see any major resistance until its 61.8% retracement level 3110.

Will SIA Make a Take Off Today?

Commodities In Play

IndoAgri : Next Target is 2.54, another 9c from yesterday's close.

StraitsAsia poised to move higher, next target 2.54

CMA

CapmallsAsia is a slow and steady long candidate.

Stocks Retraced To Support

DBS
Above all its MA and the bias is to move further up.

SATS

Market Still Under Bulls Control

The US Dollar looks pretty weak and doesn't look will gain any strength in near future.

As a result, when the dollar is down, S&P 500 will go up. The SPX is just getting higher and higher with no any signs of immediate reversal.

As for Straits Times Index, it hit a new high since May 2008 last week and retraced on Thursayday and Friday, on short term profit taking.  In Overall, the uptrend is in good shape. Any retracement will provide us re-entry opportunities. In short term, STI is in retracement(correection), wait for the correction done for long opportunities. Short term support level is 3130.

HPL(Hotel Property Limit)

Kepland Breakout

Last One...

The Arts of Chinese Handwriting

Rich Dad...

Stocks market is a rich-man game, well if I had a rich dad like this one:

An Arab student sends an e-mail to his dad, saying:


Dear Dad
Berlin is wonderful, people are nice and I really
like it here, but Dad, I am a bit ashamed to arrive
at my college with my pure-gold Ferrari 599GTB
when all my teachers and many fellow students
travel by train.

Your son, Nasser

***********************************

The next day, Nasser gets a reply to his e-mail
from his dad:

My dear loving son
Twenty million US Dollar has just been transferred
to your account. Please stop embarrassing us.
Go and get yourself a train too.

Love, your Dad

Bullish Set Ups

Sembmar:

Yangzijiang:  next target 1.89

MapletreeLog like move higher IF break resistance 89c.

SIA