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I’ve spent half a day at NLB going through some of the trading books especially on Trading Systems, Master of Trading Systems by Joe Krutsinger. What is really useful is the last page which the strategy has been backtested with relevant statistic. What I realized is most of the strategy has 30-50% profitable trade. Meaning ...
Looking at this counter, you’d have realized there are several counters that are more volatile and easier to trade.
Those who shorted yesterday because support break are in sorry state. With Dow back near the 10,100 level, it looks like what Steve Nison like to say, let them climb up and then take away the ladder. I’m all geared up for tomorrow Chartnexus TradeFest. Hope that I will be able to improve my stock ...
InvestFair is just over and my friends are excited over their trip to MBS. I was there 2 years ago and find it quite entertaining though the sales pitch is overbearing. Of cos everyone is excited about what Jim Roger is going to say about the upcoming months in stock market. Copied from my friend: ...
Nvidia has been on a downtrend for 9 whole months with from a high of 18.55 to the current price of 9.87, representing a whooping 50% discount! However at the 24 PE, it would seems rather expensive. If the earnings improve next quarter, it would be a different story. Technical wise, it is still on ... 
Now is not the good time to be hero, better play safe and defensive than too optimistic.
These few weeks are a killer as I’ve not been able to be in touch with the real world (stock market). Though I often get a glimpse after I get home though it’s often too tired to write about anything. STI Singapore has achieved a sterling record 18.8% GDP growth. What does it mean to ...
Company announcing record earning profit yet the index and stock prices continue to drop. Uncle euro nor Kimchi talking anything. This is just weird.
It just doesn’t seems good. Fundamentally this is the kinda stock you won’t hold for long term. Maybe will be good to punt. But a bad business will continue to be a bad business and kind of remind me of some US company like GM. Let us read at some blog post I’m following. [SSI] ...
It just doesn’t seems good. Fundamentally this is the kinda stock you won’t hold for long term. Maybe will be good to punt. But a bad business will continue to be a bad business and kind of remind me of some US company like GM. Let us read at some blog post I’m following. [SSI] ...
[fxstreet] Non-farm payroll employment decreased 131,000 in July with the loss of 143K temporary Census jobs. The private sector created only 71K jobs. This is disappointing from our standpoint since we were expecting twice this amount of private job creation. However, the July job report must be put into perspective. Private average weekly hours rose ...
This is where I belong. Scroll all the way to bottom…. sigh [Salary.sg] 1. Managing director – $25,886 2. Foreign exchange dealer and broker – $17,434 3. General manager – $16,616 4. …
STI seems to be oversold in most indicators and some even showing divergence. STI is currently resisted at the march top at 3030. The nearest support will be at 2950. A double top formation might be in the making if 2950 can’t be supported. Currently the trend line is also broken meaning I would be ... 
[NextInsight] OFFSHORE MARINE group, Otto Marine grew its 1H10 revenues 64.5% year-on-year to reach S$406.3 million, thanks to growth in revenue recognized for building high margin vessels … 
[ZeroHedge] A disappointing July jobs report came out Friday showing weak employment gains, further evidence that the economy is stalling out. While the headline was that the 9.5% unemploy … 
[ZeroHedge] A disappointing July jobs report came out Friday showing weak employment gains, further evidence that the economy is stalling out. While the headline was that the 9.5% unemploy … 
NOL had a selldown on friday of 8 cents. I will close half of my position on breaking the trendline on Friday. And since it is still trending upward on the longer term, it would be good to enter on a reversal candle at the longer trendline. It still has a lot of upside with ...
[Drizzt] Starhub announced its Q2 Report and here are some notable observations: 1. Revenue is doing well. Revenue have been improving since last year’s Q2 as well as last quarter 2. Cost …
Technicals are very good with several moving out of oversold region. 33c will be my cutloss point so this menas my risk/reward is 1:1. Hence do enter small lots if needed. [Nextinsight] TW …
[Zero Hedge] The week ended July 31 saw 479K initial jobless claims, obliterating the expectation of a minor improvement of 455K from the prior week’s 460K (revised from 457K). Continuing claims continue rising, and are now at 4537K versus expectations of 4515K. We are certain that this latest horrendous economic data point will be spun ...
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