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Showing posts from November, 2009

Trust Bank Singapore, New Digital Bank Freebies!

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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...

November 30 Weekly Update - Stock Market Forecast

November 30 Weekly Update - Stock Market Forecast Fengshui: Market likely to be weak this week, except for December 3 & 4 which shows potential strength. Dec 2 likely to be volatile. Financial Astrology: Uranus turns direct on December 1 and US markets might have reversed prior to this date due to the Dubai Shock. December 2 is Full Moon. Will markets reverse up or breakout to the downside? Technical Analysis: US indices – Final Wave 5 up had truncated and Phase 3 down might have started, if there is downside follow-thru this week when trading volume picks up. A very heavy schedule of important potential market-moving economic reports this week: Dec 2: ADP employment report, Fed Beige Book Dec 4: Non-farm payrolls and Monthly Unexployment Rate Have you read " Will Dow Repeat 1987's Post-Thanksgiving Decline?"

Will Dow Repeat 1987's Post-Thanksgiving Decline?

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The biggest decline on the day after Thanksgiving came in 1987 when the index fell 1.87%. At that point, markets were still digesting the October '87 crash, and the Dow went on to fall 8.76% in the week after Thanksgiving. Today, Dow had its second biggest decline the day after Thanksgiving (November 27 2009) since it became an official federal holiday in 1941. Source: B.I.G. Dow fell 1.27% on a half-day trading session on November 27 2009. Is the market still digesting the Dubai Shock, while most key market players were still on holiday? When all key market players are back on Monday, November 30 2009, what will happen? A repeat of 1987 "stock market crash" after Thanksgiving? Remember what happened in 2008: "first it was Bear Sterns, then Countrywide Financial a few months later. And then all of sudden, it was Citibank, Merrill Lynch, AIG and others as the banking system started to heamorrhage." So is this Dubai Shock the start of the next econo...

Dubai Shock Triggers Wave C Down?

US Stock Markets are waiting to start Wave C or Bear Market Phase 3 down. Or has Phase 3 down already started in slow motion? Global Markets are waiting for US Stock Markets to give the signal. Japan Nikkei Index already plunged! Now looks like China Shanghai Index started to plunge, bringing Hong Kong HangSeng Index with it . Today European markets are dropping. My Stock Market Time Clocks already gave the signal. Elliott Wave Experts also gave the signal. So, will the Dubai Shock trigger Wave C down in US Stock Markets? Let's watch US Stock Markets when it opens on Friday. Let's watch what happens to Regional Stock Markets tomorrow. Singapore Stock Market is closed tomorrow. Take care if you have investments with exposure in Dubai! Will have more for you after I hear from the US Experts over the weekend.

Prechter: Prepare For Large Decline In Stocks 2010?

I just watched CNBC.COM Live Video today (November 24 2009) an hour ago - managed to catch interview with Bob Prechter of EWI . Watch it below: My Stock Market Time Clocks already showed me the date of the likely bottom! Hope it is correct! Time will tell! I'll be waiting there!

Has Bear Market Phase 3 Started?

I just read one blogger sharing what he read in the latest EWI Report isssued last night – EWI went short last night? Is what he blogs reliable? What do my Stock Market Time Clocks say? It is a set of complicated Stock Market Time Clocks. There are more than 3 'methods' of calculating turn dates. So what are the 3 most critical turn dates: November 17 2009 November 23 2009 December 2 2009 Yesterday, November 23 US Markets (DOW) made an all time high for 2009! Is it the end of this rally? Is it the start of Phase 3 down? Watch the Regional Markets for potential reversal today! Watch the US Markets for potential reversal tonight! Watch the 3 rd turn date!

Identifying Turning Points With Fibonacci – Free Ebook!

Elliott Wave International has just released a free 42-Page eBook, How You Can Identify Turning Points Using Fibonacci. Created from the $129 two-volume set of the same name, it’s available free until November 30, 2009. Learn more . You may be missing trading opportunities staring you in the face. The charts you look at every day could reveal high-confidence trade setups and market turning points. You can learn how, today. Elliott Wave International (EWI), the world’s largest market forecasting firm, has just released a free eBook, How You Can Identify Turning Points Using Fibonacci. It features 42 chart-filled pages of actionable Fibonacci techniques that you can add to your trading arsenal right away. You’ll never look at charts the same way again! Created from the $129 two-volume set of the same name, this valuable eBook is offered free until November 30, 2009. Don’t miss out on this rare opportunity to change the way you trade forever. Go here to download your free eBook . ...

November 23 Weekly Update - Stock Market Forecast

November 23 Weekly Update - Stock Market Forecast Fengshui : Market unlikely to do well Nov 23 & 24, likely to pickup Nov 25 onwards. Financial Astrology : Dow might reverse if it can find support at 10,000. Technical Analysis : US indices – Phase 3 down might have started on November 17 if markets continue to drop this week. If markets reverse up, a possibility that final Wave 5 up is not completed. A potential Head and Shoulder pattern forming in the 5-minute charts, a break below the neckline gives a downside target of 10,000. US Markets: A very heavy schedule of important potential market-moving economic reports: Nov 24: Q3 GDP revision, consumer confidence, FOMC minutes release; Nov 25: Jobless claims Nov 26: US Holiday Nov 27: Singapore Holiday

Stock Markets Turn on Full & New Moon!

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Wow! Even Elliott Wave Experts now include Moon Cycle when forecasting stock market turns! Did you notice US markets (other Markets as well) top out on or around New Moon and bottom out on or around Full Moon? See the S&P 500 chart! So, have Stock Markets World Wide top out on November 16 (Western see this as New Moon) or November 17 (1st day of 10th month of Chinese Lunar Calendar)? Will Stock Markets continue to drop until the next Full Moon? Let's watch!

November 16 Weekly Update - Stock Market Forecast

November 16 Weekly Update - Stock Market Forecast Fengshui: Market likely to see strength from November 16 to 18. Financial Astrology: Will markets continue to rally or decline? What could happen on November 15 when Saturn Pluto square occur? Technical Analysis: US indices – Has Phase 3 down started or are we still in final Wave 5 up? Major turn dates November 15 to 17. It was a New Moon when markets started its decline in October 2007 top. November 16 is New Moon, will markets start Phase 3 down? Have you read Stock Market Major Turn Date: Nov 15-17 ?

Stock Markets Major Turn Date: Nov 15-17?

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When will this Bear Market Rally end? Or has Phase 3 Down of this Bear Market already started? My Stock Market Time Clocks say Major Turn Date is around November 15 to 17. 2 US Elliott Wave experts also identified these as major turn dates. Will it be the end of this Bear Market Rally? According to Mr Joseph Cycle, for Phase 2 or Wave B rally to stop rising, there must be a significant event strong and shocking enough to kill it. What will that event be? Swine Flu Panic Part 2? Terrorist Attack? Next Asset Bubble Burst? quote from Roubini: "...one day this bubble will burst, leading to the biggest co-ordinated asset bust ever: if factors lead the dollar to reverse and suddenly appreciate – as was seen in previous reversals, such as the yen-funded carry trade – the leveraged carry trade will have to be suddenly closed as investors cover their dollar shorts. A stampede will occur as closing long leveraged risky asset positions across all asset classes funded by dollar shor...

EWI Short Term Update November 10 2009

Wow! Have you read EWI's Latest Short Term Update - November 10 2009? Did you notice the possible turn dates mentioned are same as give by my Stock Market Time Clocks? The 3 rd turn date mentioned is also in my Stock Market Time Clock! Learn more about FreeWeek, and download your free reports here. Below news from Yahoo Finance Nov 6 2009: With the Dow back above 10,000 (as of Thursday's close , at least), the message from many on Wall Street is: Hurry! The recovery train is leaving the station! Don't miss out on the next phase of the bull market! Not so fast, says Robert Prechter, president of Elliott Wave International and author of Conquer the Crash. "Everybody who's saying ‘buy stocks' today or ‘buy real estate' is, I think, setting up people to get really hurt," says Prechter, who believes the bear market rally is reaching a major top. "We had a great opportunity at [S&P] 667 - that was the big opportunity," says Prechter, wh...

November 9 Weekly Update - Stock Market Forecast

November 9 Weekly Update - Stock Market Forecast Fengshui : Market unlikely to see strength, except November 10 and 12 which are likely to be volatile. Financial Astrology : Will markets continue to decline? What could happen on November 15 when Saturn Pluto square occur? Technical Analysis: US indices – Phase 3 down likely started. Wave 1 down with sub-wave 2 up completing, next is sub-wave 3 down. Or will the alternate wave count play out? Have you read Stock Market Correction of 10% to 15% coming ?

November 2009 Stock Market Forecast

November 7 to December 6, 2009 This is the Yin Wood Pig Month. Water element is extremely strong this month and does not favor equity markets. It is unlikely we see potential growth this month. Gold might see correction in second half of month. Favourable industries/sectors: Wood and Metal Financial Astrology: Markets likely to be volatile. Watch these dates: November 15 – Saturn Pluto Square, could be point of heavy selling December 1 – Uranus turn direct. Technical Analysis: US Market: Phase 3 down likely started. Possible alternate wave count: final wave 5 up in process?

Stock Market Correction 10%-15% Coming!

An interview with Daryl Guppy published in The Edge Singapore November 9 Issue. Key points to note: Based on chart patterns, Gold could fall to test USD1,000, then USD960 or USD940. Breakout is unsustainable. Strength in gold is related to weakness in USD. China market corrected 20% before moving sideways, rest of North Asia and Singapore could follow. If the same behaviour repeats, there's shorting opportunity that last 6 to 10 days. South Korea's Kospi leads Hang Seng Index and Singapore index. Resistance at 1700, support at 1580/1600. Is retest of 1580 fails to hold, market will move back to 1450. Hang Seng Index : support at 21000. A fall below gives a target of 19000. HSI follows Kospi behaviour rather than Shanghai index, it is driven by western sentiment, not Chinese sentiment. Straits Times Index (STI) : strong resistance at 2750, broad support at 2650. A fall below gives a target of 2400. If overshoot, downside target is 2200. Australia ASX 200 : next le...

Bear Market Rally Over: Prechter (Part 2)

FreeWeek Update: Elliott Wave International's publications have alerted subscribers -- and FreeWeek attendees -- that volume and breadth readings have been contracting throughout the multi-month rally, which signals a critical juncture ahead. EWI Chief Market Analyst Steve Hochberg wrote in his Wednesday Short Term Update , "(On Tuesday), the VIX closed back within two standard deviations of its 20-period moving average, which for the past seven months, has resulted in a near-term rally." On Wednesday, stocks closed up; Thursday saw a huge rally. On Friday morning, the Dow regained the 10,000 level. But the Update reports that the "next leg … is fast approaching." There's still time to get complete access to EWI's latest monthly reports and the Monday, Wednesday, Friday Short Term Update . A brand-new Update is online now. Read it for free when you join FreeWeek. You can also download more than 4 of EWI's latest monthly reports and read this week...

Bear Market Rally is Over: Prechter

News from Yahoo Finance: "With the Dow Jones Industrial Average once again marching closer to 10,000, many investors, especially those who missed the rally since March, must be asking themselves: Is now the time to finally pull the trigger? Robert Prechter, founder of Elliott Wave International, implores retail investors stay away… for now. Prechter, who was bullish near the lows in March, now says the stock market "is in a topping area." Why? Several factors: Slowdown in upside momentum. Recent intraday rallies are petering out before the close. Bullish Sentiment. Investors who were bearish near the lows, are now just as bullish after a 60% run in the S&P 500. To Prechter, "that's a dangerous place to be." General overvaluation of stocks. Prechter, the author of Conquer the Crash, says this is akin to the market in 1966-74 or 1929-32, where massive bear rallies gave way to another "big leg down." He's predicting ...

EWI FreeWeek -Robert Prechter's Latest Forecasts

Exciting News: Our friends over at Elliott Wave International are offering Robert Prechter's latest monthly market letter, The Elliott Wave Theorist , for free along with the firm's most popular U.S. analysis and forecasting publications. You can now download, print and read dozens of chart-filled pages of current analysis for U.S. stocks, the economy, precious metals, bonds, U.S. dollar and more -- and it's all free for one week only. This opportunity ends Nov. 11. Learn more about FreeWeek, and get your free reports here . Eight months ago, the stock market began a very large rally -- the gains exceeded 60% in the S&P 500. Everyone knows this. But here's a fact that has gone virtually unreported: The vast majority of those gains (about 90%) were from March through August . By comparison, September and October were sluggish. Yet the past two months have been the very time when the financial press has been the loudest about "green shoots," "rec...

November 2 Weekly Update - Stock Market Forecast

November 2 Weekly Update - Stock Market Forecast Fengshui: Market unlikely to perform well this week, except Nov 5 & 6. Financial Astrology: Will markets continue to decline? Neptune will turn direct on November 4 2009, will markets reverse? Technical Analysis: US indices – Phase 3 down likely started. US Market – a heavy schedule of potential market moving economic reports: Nov 3 & 4 – FOMC Rate Decision Nov 6 – Non farm payrolls and Unemployment rate. Have you read Stock Market Crash Coming? Have you read DF/DM Warning Indicator ?