Singapore - Market Direction 10 (Sep 12 - Oct 14)

[behappyalways]

Global equity melt-up in full swing even if investors hate themselves
http://blogs.telegraph.co.uk/finance/am ... hemselves/

Overnight, foreign markets were brought down by bad European data. Italian industrial production index (IP) fell unexpectedly; French inflation and production were much worse than expected; and Japanese machinery orders posted a terrible 20 percent drop. Of course, the Fed finalized the conclusion of quantitative easing in October. With U.S. economic numbers delivering positive surprises but wage pressure rising, the date for an interest rate hike has been brought forward. These are all important catalysts for a correction. Investors should take note. Already, we have seen momentum and growth stocks plunging in the past few days. And more will come

Growth Has Stabilized, but Strong Recovery Unlikely
http://english.caixin.com/2014-07-14/100703717.html

[behappyalways]

Dow perilous - Asian markets looking bullish


28th July: The Dow is testing an important support, failure of which could spell a short term bear market. Emerging markets are testing important neckline resistance. Breakout would be bullish. China and Hong Kong are looking bullish. Other Asian markets are likely to retest previous highs: Singapore, Thailand, Philippines and Indonesia.

http://www.asiachart.com/update28J.html

[behappyalways]

US resumes bull trend - Asia bullish


18th August: The Dow turned on good channel support. The trend in the US is now presumed bullish unless that support breaks. Europe has pulled back a bit but is well supported. Emerging markets are indecisive. But Asia looks bullish - mostly in Hong Kong and Thailand.
http://www.asiachart.com/update18A.html

[behappyalways]

Global trend is bullish


25th August: The Nasdaq and S&P have made new highs with no resistance in sight. Europe is well supported and has a good chance to turn bullish after a short term pullback. Hong Kong and much of Asia are bullish.
http://www.asiachart.com/update25A.html

[behappyalways]

NRA Capital Connect - QE3 will end in October 2014….but markets are still rising?

http://www.nracapital.com/research/conf ... st2014.pdf

Source: Net Research

[behappyalways]

Asia looking bullish


8th September: S&P has made a clear new high. Dow and Nasdaq are struggling with resistance. Europe has edged a little higher although without much conviction. Emerging markets have broken out of a long term bottom and Asia looks bullish, especially Hong Kong and Thailand. Big news in Thailand is the new recent high of the Banking Sector, leading the way for the index.


http://www.asiachart.com/update8S.html

[behappyalways]

Danger signs in the US but Asia looking bullish


15th September: A few danger signs in the US. Oil also looks weak. However, Asia is looking strong. Hong Kong, Shanghai and Thailand are all looking bullish. In Thailand, the banking sector is leading the way.
http://www.asiachart.com/update15S.html

[winston]

Singapore Exchange sets minimum trading prices for stocks

(Reuters) - Singapore Exchange Ltd (SGX) plans to introduce a minimum trading price requirement as part of changes aimed at curbing excessive speculation on penny stocks listed on the bourse.

SGX in a statement on Wednesday set a minimum trading price of 20 Singapore cents for stocks on the main board, effective from March 2016.

Companies whose share prices trade below 20 Singapore cents will be given 12 months to reach the threshold. Failure to do so would see the stock put on a watch-list for up to 36 months before being delisted.

The minimum price requirement is part of a plan announced in February by the Monetary Authority of Singapore and SGX, which involves new collateral rules, short-selling reporting and the establishment of an independent listing committee.


Source: Reuters

[behappyalways]

Dow and Nikkei bullish. Silver likely to fall further.

22nd September: The Dow made a new high, breaking out of the range that had enclosed the index since April. Silver broke support and is likely to fall to long term support at 15. Japan has broken out from a 25-year channel resistance.

http://www.asiachart.com/update22S.html

[behappyalways]

US holding on to support - Europe and Asia weak


6th October: The S&P and Nasdaq are well supported. If those supports fail we could see another 10% downside for the US markets. Europe is looking weak. The Euro has broken a strong long term support. (I'm surprised.) Emerging markets are also looking weak. Hong Kong has failed an important support and all bullish bets are off for the time being. Korea and Indonesia have also failed supports. Thailand is still holding on to support, but I wouldn't be surprised if it followed the rest of the markets in the region.
http://asiachart.com/update6O.html