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

December 7 Weekly Update - Stock Market Forecast

December 7 Weekly Update - Stock Market Forecast


Fengshui: Market likely to be weak this week, except for December 7 & 8, while Dec 11 likely to be volatile.


Financial Astrology: There are bullish and bearish planetary alignments in the sky. Who will win the battle: Bulls or Bears?


Technical Analysis: US indices – there is a bullish chart pattern and a bearish chart pattern forming in the indices. Which way will the market go?

If S&P 500 breaks 1083 channel support, it would likely be a sell signal.

Review Friday December 4: “The US markets roared higher this morning on the back of a better than expected Jobs Report. However, it is only a minor part of why the market goes up or down. The real key is the dollar. The markets move directly inverse to the dollar and with a massive squeeze in the dollar higher, the markets have tanked. This explains exactly why the markets have rolled over in a major way – Dow reversing down more than 200 points before closing positive. This is a very significant reversal intra day and must be watched closely. This could very likely signal something bigger in the charts.”

“The entire stock market rally has occurred on the back of the weak U.S. Dollar. Simply put, this rally was nothing more than a re-inflation rally. Everything inflationary moved higher such as gold and agriculture. What will happen if the dollar begins to rally? One would think that commodities would fall. If this is the case, what would move this market higher? “



Comments

Post a Comment

Popular posts from this blog

FreePass - 21 Days EWI Forecast

Stocks couldn't care less about a "strong economy," or anything else on that list, either. If anyone raises an eyebrow at that,  ask them to explain  how in March 2020, when the economy was literally shut down and people were collectively freaked out, stocks bottomed and haven't looked back for a year and a half? No, something else drives the stock market. From our friends at Elliott Wave International's 40-plus years' experience, they know exactly what it is: Investor psychology. And they have a good idea  where it's headed next . Let EWI show you what they see -- free. Now through November 3,  they're opening the doors  to their flagship  Financial Forecast Service . Here is what's included: The Elliott Wave Financial Forecast . This service takes you through the ins and outs of 8 different major markets, with a U.S. focus, on a several-months' timeframe. The Elliott Wave Theorist . The inimitable Robert Prechter has...
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

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...
Read more