Posts

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
Read more

Formula Forecast Stock Market Turns – Part 2

How accurate is Stock Market Cycle Model – Formula 2? Using some mathematical formula on S&P 500 Index, it had forecasted the following (examples only): 2002 market bottom (+/- few days) 2007 market top (+/- few days) March 6, 2009 bottom or trough May 8, 2009 peak I researched, tested and “created” a modified version of the formula, so it gives the exact date of the 2002 bottom and 2007 top. Then, I discovered a formula to calculate the possible dates of the bear market bottom, next bull market top, interim peaks and troughs. The only issue is I can only confirm near the forecasted dates whether it will be a peak or trough, not in advance. I'm still doing research on this. In the process, I discovered there is some “correlation” between this Cycle Model Formula 2 to Cycle Model Formula 1. Aha...these might even give some clues as to why The Joseph Cycle failed to forecast the last bull market top, and the correct interpretation of 7 Bull Years and 7 Bear Years! Wonder if M...
Post a Comment
Read more

Formula Forecast Stock Market Turns - Bingo!

What have I been busy with lately? Recently, I found two stock market cycle models which accurately identified most market peaks and troughs. Stock Market Cycle Model – Formula 1 How accurate is this Stock Market Model? Using some mathematical formula on the DOW Index, it accurately forecasted the following (examples only): May 2006 peak October 11, 2007 market top March 6, 2009 bottom or trough May 8, 2009 peak (or was it not?) It seems to be reliable to forecast peaks and troughs but not so reliable to forecast day to day movements. I tested the model's calculation, not always reliable - May 27, 2009 down, May 29, 2009 up. WOW! Correct! Haha, incorrect ones, I no show you lah! Amazing! I'm still continuing with my research. There is a risk it might not continue to work when made known or after some time. Hmmm... murphy's law! So, should I "fire" all the other experts, giving me not reliable forecasts so far? What can the Stock Market Cycle Model - Formula 2 do?...
Post a Comment
Read more

Gold Investment a Safe Haven? - Free EWI E-Book

Do not invest in gold or silver until you read this free 40-page eBook. Not all gold and silver investments are created equal. You'll learn which are the best and exactly when they're the best with this brand-new eBook that will change the way you think about precious metals. Learn more about the free 40-page Gold and Silver eBook here. Beware: Gold is setting itself up for "the buy of a lifetime." Only the resource we're about to share with you will help you prepare for it. Do you invest in precious metals? Should you? Only you can answer the first question; we've written this letter to help you with the second. Gold bugs have long touted the yellow metal's time-tested store of value. But, contrary to popular opinion, gold isn't always the best investment when times get tough – and we have the analysis to prove it. Our friends at Elliott Wave International have just released a brand-new eBook that will help you decide just how – and when – gold and si...
Post a Comment
Read more

May 25 Weekly Update - Stock Market Forecast

May 25 Weekly Update - Stock Market Forecast Fengshui: Likely profit taking May 25/26, slowdown rest of week. Financial Astrology : Neptune retrograde May 28, Mercury turns direct May 30. Jupiter/Neptune conjunction starting May 27 might result in market selloff instead of rallying. Technical Analysis : US indices – markets likely to drop Tuesday. This might be a sharp and long wave down.
Post a Comment
Read more

Watch Nasdaq Composite for Leads!

Image
Watching Nasdaq behavior provides leading clues to the best trading reactions in the markets which follow this lead. The Nasdaq index has provided consistent leadership in market development since the beginning of the bear market in late 2007. This information is especially useful if you are trading the Dow or the S&P 500, as these indexes follow the Nasdaq with a lag of several days.. This is how we will apply the trading strategy to catch the NASDAQ by the tail in the next few weeks: Determine if this strong uptrend is a rally or a genuine trend. If it's a rally, then we trade with tight stops designed to protect profits in open positions. If it's a long term uptrend then the stops are further away and traders can use the dips to add to existing positions. A rebound from short term uptrend line support near 1,700 continues the rally. This has not developed. Trend lines do not have to start at the very pivot point low of the downtrend. The trend line is used to define the ...
Post a Comment
Read more

Who are the Leaders in Asia Stock Markets?

Image
According to Daryl Guppy, China's Shanghai Composite is the leading indicator of recovery . Korea's Kospi is the leading indicator for Asia. Korea's Kospi, like Straits Times Index and Hang Seng Index, is a follower of the US Market. Korea's Kospi has also broken strongly above the trading band and is reaching towards the trading band targets. (see note below) A tip from Daryl Guppy ( I received during the talk I attended in late April 2009), if Kospi "dies", ie cannot break 1450, the rest of will follow. Game over! (Note: this Chart is not latest. Todate, Kospi had broken 1400, hit 1430+ and retreated. So, Watch out!) Taiwan, Hong Kong and India have also broken above the upper edge of the trading band. Australia has not. Australia lags trading band development and breakout behavior when compared to other regional markets. Not surprisingly, when the width of the trading band is measured and projected upwards it gives a target near 4400 which also is near the ...
Post a Comment
Read more

China's Shanghai Composite – The Leader!

Image
The US market stumbles and regional markets follow, but the Shanghai market hardly sneezes except for a minor retreat last Thursday. This acts as a counterbalance to the impact of US weakness on markets such as Taiwan, South Korea and the red-chip sector in Hong Kong. A combination of weakness in the US and trend weakness in China would pose a more serious threat to regional recovery. Shanghai's index-trend strength remains well established but includes some cautionary factors: Index approaching very strong and significant consolidation area between 2600 and 3000. It will require very strong trend strength to move into this area, likely over several weeks. It is still affeted by world market behaviou, particularly US. US market rally is showing reduced momentum and has high potential for substantial market retreat and will have some effect on Shanghai Index – it might retreat to retest support below 2600. The retreat will not change the direction of the long term uptrend. Probabili...
Post a Comment
Read more