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

Straits Times Index & DOW Forecast 2H2011

A regular blog visitor asked me for the Straits Times Index Wave Count.


Oops! I'm not an expert on Elliott Wave! But recently I read an expert talking about DOW's Elliott Wave Count - that DOW is in a Wave 4 Triangle, a bullish view but depends on whether critical support can hold.


As I said in an earlier article, Elliott Wave Count is but one of the jigzaw puzzle in forecasting....hmmm....anyway.....


I've been starring at this STI Chart Pattern for many months, wondering how it would form.


Hmmm.... based on my Stock Market Time Clocks, STI & DOW Open Books, I "guess" this should be pattern and Wave Count:


A Picture is worth a thousand words!


Watch the support and resistance trend lines! Beware the "Killer Wave 3" ahead!


Comments

Post a Comment

Popular posts from this blog

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

Economic Cycle vs Stock Market Cycle

Image
Do you know that Stock Markets are usually about 6 to 9 months ahead of the Economic or Business cycle? There are 4 stages in the Stock Market and Economic Cycles as follows: Stock Market Cycle vs Economic Cycle 1. Market Bottom vs 1. Full Recession, Trough 2. Bull Market vs 2. Early Recovery, Expansion 3. Market Top vs 3. Full Recovery, Peak 4. Bear Market vs 4. Early Recession Below is the Theoretical Model Diagram which clearly depicts the relationship between the Stock Market Cycle and Economic Cycle. (Click on the diagram to zoom out) Diagram with courtesy of StockChart.com It is based on Sam Stovall's S&P's Guide to Sector Rotation. It states that different sectors are stronger at different points in the economic cycle. Traders/Investors use this model to anticipate which companies will be successful in the coming stages of an economic cycle. Watching the economic conditions (ie consumer expectations, industrial production, interest rates and yield curve) might
Read more

Dr Doom Warns More Doom Ahead!

The worst is still ahead of us, warns Dr Doom, Nouriel Roubini. He was interviewed by Boomberg and wrote an article in Foreign Policy in early January 2009. Summary of Key points here: 1. While the odds of a systemic financial meltdown have been reduced by the actions of the Group of Seven and other economies, severe vulnerabilities remain. 2. The credit crunch will persist and spread beyond mortgages. Deleveraging will continue, as thousands of hedge funds - many of which will go bust - and other leveraged players are forced to sell assets into illiquid and distressed markets, thus causing price declines and driving more insolvent financial institutions out of business. Credit losses will mount as the recession deepens. And a few emerging-market economies will certainly enter a full-blown financial crisis. 3. So 2009 will be a painful year of global recession and further financial stresses, losses and bankruptcies. 4. Certainly, the United States will experience its worst recession in
Read more