Dow Jones - The Market Choppy

Not my record, but impressive wins again last evening. The Dow was choppy as it moved up and then down and just when you though it was crashing, it moved up again. I provided an outlook last evening and for those in my Dow Jones trading group, all will see it really hit the supply level I forecasted and started to suffer selling. Good wins as it's only a 1 day job. The Dow Jones has many signals last evening and the market turned green last evening with heavy selling along the way. The Dow won't crash but it's within that range of trading. Congrats all!

Ronald K - Market Psychologist - A Stock Market Opportunist

Top Volume - Market Down, Pennies Up

Market is down today with the Dow Jones down -200 plus points. Many blue chips are battered down while penny stocks like Ezion, Kris Energy and Rex just moved higher. Rex Intl had some good news after the halt yesterday and the stock started to breakout and ran up further. This brought other oil counters to come in play too since the season for oil related small caps are favorable at the moment. Some good potential stocks are also currently in the Top Volume where the volume just came in and the stock had some movements. Watch the Top Volume closely now as the next few days is crucial. The above are not my trade records but congrats on shorting the Dow Jones when it crashed. Happy for all of you!

Ronald K - Market Psychologist - A Stock Market Opportunist

Wilmar Intl - Wall Brokening

Wilmar Intl's chart was in my watch list last week when the price was 3.26. It was hovering there for sometime and suddenly the price went above 3.30 after many many months. It's signaling that the stock might be strong and there were buyers willing to take higher price in lieu of some news that might be coming out. I remembered last year that was a news about a new IPO from Wilmar in China coming out and could the recent price run contributed this news to be in play again? I am not sure but looking at the chart, a heavy wall looks like broken soon. Watching it now as it looks bullish.

Ronald K - Market Psychologist - A Stock Market Opportunist

Singapore Stock Market Update - Could be Dull

Could be a dull market in the stock market today. The stocks were not moving much and during this period of time, it's wise to take a break and get ready for CNY. CNY is around the corner but this year 2019 is not the same as 2018 where stocks were pretty choppy with a wide up/down range. The market opened but the amount of traders participating in trading were reduced during this period of time. Something big is along the pipeline and I am not sure if it's going to be a good/bad news and hence, it's just wise to stay out for now and enjoy first. Study the Top volume and you will see not many stocks are performing. I am trading more US stocks now as it's easier to read those charts.

Ronald K - Market Psychologist - A Stock Market Opportunist

A Seminar in Malaysia - Grow Your Wealth 2019

Earlier today, I conducted a talk at the convention hall in Malaysia. It was jammed packed where there were really a lot of people and here, I want to thank everyone for coming to listen to my "Grow Your Wealth 2019" talk. To see a lot of Johorians coming to learn and wanting to know which stock can be a potential multibagger truly made my day. I hope I was able to share and gave out some US stocks for 2019 to aid in your investments. Thanks everyone who came signing up my program for Johor Stock Operation Course 2019. Looking forward to coach you all and teaching you guys powerful strategies to make more $ in the stock market.



Ronald K - Market Psychologist - A Stock Market Opportunist

Genting SP - More Reactions

Genting still slumber down since the day 1 first posted about the short term selling. The stock is now not moving and came down one more pip to 1.05 without any strong buying. I am glad to lock in profits at 1.11 and did not suffer the reactions but as of now the reactions looks like profit taking in the minute chart. Won't look to buy but look to cover your shorts if you shorted at the peak.

https://stockmarketmindgames.blogspot.com/2019/01/genting-gentinsp-rising-sun.html



Ronald K - Market Psychologist - A Stock Market Opportunist

OCBC - Profits in 1 Contra Day

Sold off the long position I took in OCBC yesterday. Longed OCBC not at the best price yesterday at 11.38-11.40 but still, today it gap up without any major news and that's where I looked to lock in profits since I am going to get busy this and next week. The stock was pretty bullish yesterday towards the last minute yesterday but there were some flushes earlier in the noon before OCBC took off and gap up earlier in the morning. I told my guys to lock in fast and swing profits and OCBC touched a high of 11.54 before taking a fast dive to 11.46 as shown in the 5 minute chart. Looking to inspire 400 people this weekend. Congrats all and made back the losses in my DBS. See you all.



Ronald K - Market Psychologist - A Stock Market Opportunist

Keppel Corp - Earnings Up $135M

The Keppel Corp chart looked not bad yesterday but I wasn't really into this counter. Today they released good earnings of $135M which later I would observe what would happen to the price. Will in jump or gap up? Will the stock open with the same price as yesterday and start moving higher instead of gap up first? The 5 minute chart has all the signals for a small turn up but will today be the day? All these will be realized later when the market opens at 9am.



Update: 25/1/2019, 10.21am

Keppel Corp indeed turned up as highlighted earlier. The stock hot up higher with buyers and the ws was real with gap and and running further. Congrats all who longed and made profits!

Ronald K - Market Psychologist - A Stock Market Opportunist

DBS - Traded 1 Lot, Made $755 SGD

So happy to be receiving this trade record from one of my Malaysia students where she made $$ in DBS. 2019 is the year to get out of your comfort zone and start trading some other markets other than your usual. For me, it's to get used to trading USA stocks but for her who used to trade Malaysia stocks, she's now traded her first Singapore stocks which is DBS in the Cityindex account. I am so happy for her wins as she shorted DBS at 24.79-24.78 and swung her trades for 2 days where she locked in profits at 24.03 for almost 77 cents drop. Although I cut a loss, but I am more happy for other people's success than my personal loss. Congrats and see you very soon!!

Ronald K - Market Psychologist - A Stock Market Opportunist

Genting SP - Touched 1.06

Genting SP, a stock which I was bearish for the very short term when the price was 1.11/1.12 touched 1.06 today. When it was trading at 1.12 four days back, I saw many hidden selling where profits were booked and some crazily buying at the peak. I posted on my blog that I would look to lock in profits instead and indeed the stock came down today. Click below to see my blog post on Monday.

https://stockmarketmindgames.blogspot.com/2019/01/genting-gentinsp-rising-sun.html

Although I cut a loss in DBS, I am still wanting to fight back since as a trader, I have lost many times in my life before and then fought back stronger. The banks rebounded a little today, UOB was up to 25.96 high while DBS from morning gap down at 24.04 shot up to 24.25 in like 10 minutes. The market has no good trending nor good stock picks besides the banks now at the moment hence USA stocks are the way to go now. Looking forward to trade US stocks more.

Ronald K - Market Psychologist - A Stock Market Opportunist