Trust Bank Singapore, New Digital Bank Freebies!

Image
Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving
Post a Comment

Dow Leads Asia, Who Leads Dow?

Dow is one of the Leaders in the Global Stock Market direction. Then who leads Dow?


If we know, it would certainly help us “manage the future” direction better. Wow, “manage the future”, not predict the future! Says who? Says Daryl Guppy!


I attended a free talk by Daryl Guppy recently. That was the best I've ever attended on how to read market directions, ie where is the market heading?


So who leads Dow? According to Daryl Guppy, who posted his analysis yesterday, watch the behaviour of NASDAQ, the leading market index in America!


Now then I know, the real “Lau Ta” (Big Brother) is Dow's “Lau Ta”, Mr NASDAQ!

Summary of key points:

1. NASDAQ index has developed new and stronger uptrend many weeks before DOW began to move.


2. The new trend in NASDAQ index is more developed than the trend in DOW.


3. Watching the NASDAQ index gives a leading indication of how the American market will develop and the way it will react when resistance levels are encountered.


4. There are two important resistance levels for the NASDAQ index:



  • The first resistance level is the historical level near 1850 to 1900. There is a high probability the market will reach this level and then develop a retreat.

  • Strong resistance at level near 2100 created by the long term downtrend line.

5. The current rally is a breakout above the short term down sloping triangle pattern, but it does not mean this is the end of the bear market in America:



  • In 1929, the American market fell. It was a similar degree of fall to the 2008 market fall.

  • In 1930, there was a rally of more than 40% in the market.

  • Then the market fell again and developed into the very severe bear market Depression of 1930.

  • Rallies of between 20% and 30% developed again in 1930 and 1931 but the general direction of the market was down.

  • This is the dangerous pattern that could be repeated in the NASDAQ Index and the American market in 2009.

6. The current rally breakout is very strong. A rise from 1400 to 1850 is 32%. If the market cannot breakout above resistance at 1850 then the market could retreat heavily and retest the old support level near 1400.


7. If the support level at 1400 fails then the next support level is near 900.



Hmmm... so, it pays to watch NASDAQ closely as it moves towards resistance near 1850.


Who is the other Leader in the Global Stock Market direction?


Who is the Leader in Asia?


Watch this space!


Comments

Post a Comment

Popular posts from this blog

CPF@55 Policy Designed to Make the Rich Richer!

CPF@55  Policy Designed to Make the Rich Richer! Do you know that  CPF@55  policy can help you get richer with a bigger SA (Special Account Balance) after 55? Yes, provided your are rich with a big OA (Ordinary Account Balance) and SA which exceeds the FRS (Full Retirement Sum).  Assuming you have $240k (SA), $160k (OA) and FRS is $200k, this is how you can become richer after 55: 1.  2 weeks before your 55th birthday, buy a stable Unit Trust Bond Fund with $200k SA under CPFIS/SA investment scheme (minimum $40k SA must be maintained) 2.  On your 55th birthday, CPFB will transfer $40k (SA) and $160k (OA) to your RA (Retirement Account) to form $200k FRS. 3.  Next day, sell your CPFIS/SA investment of $200k, this will be returned to your SA. 4.  You now have $200k (SA) and $0 (OA) after RA is created! What happens on your 55th birthday if you did not do the hack (ie. step 1&3) above?  CPFB will transfer $200k (SA) to RA.  So after 55, you will have $40k (SA) a
Read more

EWI Global Market Perspective February 2021 (Trial?)

  For a moment, think back to about a year ago. The pandemic's first waves have just hit. New York, London, Tokyo -- major cities are shut down. Millions are out of work. Commerce grinds to a halt. On top of that, financial markets were crashing. Was it unforeseeable? Before you answer, please look at these 3 charts from the January-March 2020 Global Market Perspective , a monthly publication by our friends at Elliott Wave International, the world's largest independent market-forecasting firm. On the same page, you'll also see an invitation to a special opportunity to test-drive their latest, February 2021 Global Market Perspective for 5 days and see what's next for 50+ of the world's top markets: U.S., European and Asian-Pacific stocks, FX, cryptos, bonds, gold and more. Who is Elliott Wave International? EWI is the world's largest independent technical analysis firm. Founded by Robert Prechter in 1979, EWI helps investors and traders to catch mark
Read more

NTUC Fairprice Shares pays 5% dividend!

Yesterday I received the NTUC Fairprice Co-operative's dividend and rebate statement for financial year ended March 31, 2008. I was surprised to receive so much money for this investment! I was holding more shares than I thought. I received 5% dividend and 4% in rebate, which had already been credited to my bank account on September 5, 2008. Too bad, that's the maximum each member can hold. Another very good Capital Protected Dividend Stock to own! Ntuc Income Share Pays 9% Dividend for 2009, credited June 3 2010
Read more