Genting SP - On the Uptrend, Past 0.71?

Genting SP had been one of the better performer when the market rebounded since last week. In fact, it's the strongest stock as compared to the bank or property stocks. The stock had fallen very hard in recent months but the recovery was also in a speedy fashion. Genting SP is usually a slow couch potato but there was a change in direction at the moment. The stock is always in the Top 1-3 in the Top 30 volume and it's always flashing for higher price to come. Yesterday, I saw a group of shortists trying to short the stock when it gap down at 0.635 to only realized that the stock was as steady as a rock and rebounded back all the way to 0.695 as of now. I am sure the stock is now in the hands of the strong holders and those shortists who shorted yesterday will be a panic mode soon. If I am correct again, I think this stock is able to pierce through 0.71 and go way above the 0.695 level. I am cautious of shorting this stock since I had been monitoring for it's strength 2 weeks ago. Watch out.

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picture source: https://www.businesstimes.com.sg/

Update: 31/3/2020, 4.25pm

Genting Moved to 0.7!! Soon 0.71!

Ronald K - Market Psychologist - A Stock Market Opportunist

Straits Times Index - Why Market Turned Up Today?

Market turned up today because the Dow Jones rocketed up with +690 points last evening. Most stocks gap up and tried to run higher but some hit with profit taking in place. The coronavirus had increased and killed more people with higher death toll while Donald Trump increased the quarantine period to April 30 but still with all this bad news, the market trended higher? How was it possible? Should I read correctly, the market has already factored all these news and all the bad press during the period where the swings was volatile.

The market is always fast forward and moving ahead instead of current looking. Hence, the Singapore market gap up today was because of the sell down was too fierce towards the last minute where a lot of last minute retail buyers thought they saw the bottom to only realized that the market closed low end of day. Those cut loss yesterday will be in dismay while those held on to the flush made $. See the Top 30 Volume, so many stocks are "trying" to move but hitting a roadblock as of now. See now, 11.13am at the Top 30 Volume, the profit taking took place. See most blue chips, they are simmering down!

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Ronald K - Market Psychologist - A Stock Market Opportunist

Straits Times Index - Why Market Selling Down?

The Singapore market is selling big time again as the world is entering another panic pandemic stage of increasing number of deaths because of the coronavirus. The number of coronavirus cases and deaths continues to rise and investors brace for data in the week ahead expected to underline the sharp economic toll of the pandemic. With such bad omen and atmosphere surrounding the market, it's no wonder that the market cannot climb higher but to fall. The Top 30 Volume showed mostly stocks tanking while none of the blue chips survived. The STI had a precipitation fall and soon recovered last week. It's not testing those critical levels again which I am not sure if it will holds or break. I need to study the next few days to decide. It's wise to start scouting for good stocks to trade in/out since the volatility is high. Plenty of stocks in the Top 30 Volume, don't waste and don't miss it!

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Ronald K - Market Psychologist - A Stock Market Opportunist

Apple - The Sell Down with Dow Jones

The Dow Jones crashed -916 points again yesterday as whole market reacted to the sellers side. Many stocks started to tumble and most of them weren't sparred. Apple was a stock which followed the Dow Jones closely and hence when it collapsed, it's good to short this counter and also boeing since the stock had some really bad news which needed bailout and I thought it would be wise to also take a short there. Both profited and together with the bearish sentiment in the market, it only drove both stock down further. Looking for more profits next week.

Ronald K - Market Psychologist - A Stock Market Opportunist

Dow Jones - Bulls Coming Back?

The Dow Jones surged back the past 3 days where it recovered 21% where the bulls looked like it won the battle temporarily as the bear slowly retreated. However it looked as if like the bear might be coming back for the one last time before a stronger bull market is formed. The Dow Jones recovered 1300+ points last evening as the bulls tried to fight back hard. I traded some US stocks as usual and my profits escalated every night. I prefer contra trades as the market is not yet stable and still possessed some form of risk. Until I see a clearer picture with the dust settled, I will then go for a larger swing with bigger positions down. Stay tune for my next big trade.

Ronald K - Market Psychologist - A Stock Market Opportunist

Singapore Stocks - What Stocks Am I Watching?

I am watching some good stocks for trading in the US market like Apple and Boeing. Those are high priced stocks and the movements are pretty wild and volatile. Last evening I received some trade records from my students from which they made $$ under my guidance trading the correct US stocks and profited from it. The Dow Jones jerked up 1300+ points while stocks are moving higher which showed some strength. In the Singapore market, there are many not bad stocks like DBS, AEM and Genting SP. These are stocks that ran higher as observed in the Top 30 Volume and these are stocks which had a lot of players and trading activities. Like I mentioned, this market is once in a life time opportunity so don't waste it when the swings are huge. Congrats to all who made $$ under my guidance.

Ronald K - Market Psychologist - A Stock Market Opportunist

The Finale Preview - My Profits for US Market

Finished my final preview for today as I shared the years of trading and effort which made me profits after profits for over 16 years. Yesterday was no surprise as some profited yet again in the Dow Jones and also some in US stocks. Been trading the US market for many nights and it's profits after profits which implied that the US market although was volatile, still the movements and activities there was abundant and it's easy to catch the stock movements and price before the real movements started. In my preview, I shared how to captured the hf movements and also how to fish for the bottom. I see many were mesmerized and here, I thanks everyone for signing up and looking forward to see you soon in May!

Ronald K - Market Psychologist - A Stock Market Opportunist

Singapore Market Update - Top 30 Volume

Market had a scary fall earlier in the morning where the market gap down and dipped lowered. Many stocks went lower and suddenly there was a rebound to save the stocks. As of now, the prices are trending a little higher as compared to earlier in the morning. The Top 30 Volume stocks are mostly blue chips and are moving very actively. Although I don't trade Singapore stocks these days now, still there are opportunities to make $$ everyday. Use the Top 30 Volume to hunt for valuable stocks. You can find rewards there.

Ronald K - Market Psychologist - A Stock Market Opportunist

Ron K: What Are Some Undervalue Stocks Now?

Another superb night in the US market as stocks were moving high up and profits were escalating. There was a lot of trades going on and definitely it was an easier night to make profits than other nights since there were so much buyers rushing in to get stocks at cheap prices. From Boeing to the Dow Jones, it was profits after profits while the market continue to soar high due to the $2 Trillion stimulus plan to save the world. I shot a video on what are some undervalue stocks now and what stocks I was trading. Watch the full video and learn something.

Ronald K - Market Psychologist - A Stock Market Opportunist