Tuesday, October 16, 2018

Singapore Straits Times Index - Gradual Coming Down




The market went soft and indeed, everything starts to crumple and simmer. As highlighted in my last post that without strong buyers, the market is due for some fall, sellers were indeed in control now where most banks are suffering some sell down at the moment. See the STI and DBS chart as attached, both are came down and both got sold down badly since my last post. How did I know and predicted it? See the profit taking, that's the clue towards this selling now! Click and read the link below.

http://stockmarketmindgames.blogspot.com/2018/10/top-30-volume-trading-ranges.html

Ronald K - Market Psychologist - A Stock Market Opportunist

Top 30 Volume - Trading Ranges







Most stocks are in the trading ranges and the Top 30 Volume is pretty what mix. It's was quite sporadic as the stock jerk up and came down so immediate. Sembcorp, Thomson and Comfort Delgro all showed the same pattern. I am not sure what those stocks were doing but it looks more like a scalp trades from proprietary traders. The market after the -845 points drop from the Dow did not have much buyers supporting the index and hence, I am not too sure if the market can continue to climb upwards while sellers were all waiting there. Without strong buyers, the market is due to some fall. Let the market and stocks climb first and soon when the buyers stop their buying, sellers will take control. It's tough now and hence for me personally, if I take any trades, it's mostly scalping only.

Ronald K - Market Psychologist - A Stock Market Opportunist

Monday, October 15, 2018

BlackGoldNatural - Sold 4000 Lots




Sold Blackgoldnatural earlier when the stock rose. Didn't sell at the best price but still managed to get the job done. The market is up/down and hence there is a chance to lock in profits, it's just wise to do so. Just made $8000 with with 2 pips profits. The highest it went was 0.022 but was a little slow in selling but nevertheless it's still profits before I fly to Malaysia later.

Ronald K - Market Psychologist - A Stock Market Opportunist

Hi-P - Profit Guidance, Low Expectations



Hi-P just issued a profit guidance with lower expectation for their future revenue and profits due to some delay of sales. The chart last week was still ok and suddenly out of no where, the bad news came in today where the stock gap down with 6.6% earlier in the morning. This counter used to be the hottest stock last year but everything changed and fortune just reversed 180 degrees. This is only a tradeable stock for now but not for long term investment. The market conditions is getting tough so embrace for some tough times ahead.

https://www.theedgesingapore.com/hi-p-international-warns-lower-y-o-y-profit-revenue-3q18

Ronald K - Market Psychologist - A Stock Market Opportunist

BlackGoldNatural - 4000 Lots Traded








Traded 4000 Lots of Blackgoldnatural last Friday when the price was 0.018/0.019. It's a risky stock with no momentum at times but because the stock was in top volume and at demand zone, so decided to just give it a try since the trading risk is low. Earlier just now, I was stunned to see huge volume of buy ups which could be an opportunity to unload for profits.





Study the minute chart and you shall see that the sellers were small when throwing. Suddenly momentum changed and the stock shot up with constant buying. Study the top volume using the above screen captured and you will see that Blackgoldnatural went from 0.020 earlier to now 0.023 with buyers biting. Looking to sell soon.

Ronald K - Market Psychologist - A Stock Market Opportunist

Saturday, October 13, 2018

A Year End Market Outlook by Ronald K - Opportunities in Trading









Just finished a morning private sharing session where I shared my year end prediction for the Dow and Singapore market. There are a lot of trading opportunities and lesser chances for investment which is a good thing since the market became very volatile after the Dow smashed up/down this week. There shall be new initiatives next year where I will focus more in the Malaysia market with frequent flights while I pass the torch to my assistant in the Singapore market. I will continue to do sharing sessions and events but might have to reduce it due to tight work schedule. Here, I thank everyone for coming today and looking forward to see you all soon!

Ronald K - Market Psychologist - A Stock Market Opportunist

Friday, October 12, 2018

AEM - Turned Up








Although not confident in AEM as highlighted in my earlier post, nevertheless the stock indeed looks not bad and turned up after lunch. From 0.815 when I posted where the collections was strong to now 0.83, the stock turned up 3 pips which some BBs might have just bought it. The whole market suddenly had a momentum shift and so many stocks are moving.

http://stockmarketmindgames.blogspot.com/2018/10/aem-flushy-stock.html

Update: 12/10/2018, 2:32pm




AEM turned up stronger to 0.84!!

Ronald K - Market Psychologist - A Stock Market Opportunist

AEM - Flushy Stock



AEM, a stock that looks not bad has this flushy behavior after it announced a good news this week. Study the 5 min chart, there was a gap up with strong retailers chasing on Wednesday where price touched 0.86 and then it slowly experienced profit taking and the stock gap down yesterday to a low of 0.76. Today it gap up again where it reached a high of 0.82 while it's now staying and holding on near to that price near the supply zone. I am mix on this counter but yet at one glance it looked good but I am not so confident as of now. I will kiv this counter in my watchlist for the time when the stock is about to run again.

Ronald K - Market Psychologist - A Stock Market Opportunist

Top 30 Volume - Cautious Mode






The rebound is weak in the market. Stocks are moving a little bit but not much. Some stocks gap down and recovered while others stayed for a very tight narrow range without much movements. The market is cautious and feeling the pressure from the Dow Jones which slammed down -1300 points in 2 days. The Top 30 Volume stocks is not very active but rather waiting for something to happened which I am not so sure what is it now. I will look to share more outlooks soon.

Ronald K - Market Psychologist - A Stock Market Opportunist