Friday, May 25, 2018

May[8] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: 
<Companies> Asian Pay TV Trust (APTT), ISDN, Netlink Trust, Noble, SIA, Silverlake Axis, Singtel, Vallianz


May[7] - Market Updates

Crude Oil:   
Oil price plunged from its 3 years peak on last trading day. Few negative factors such as OPEC and Russia signaled potential rising in supply as well as rising production from US Shales. Next week, price could test support ~ 63 which saw triple top break up around last April. Regional conflict and Iran sanction might provide support to the downfall. Saudi Aramco listing might be one reason why Saudi shall be committed to keep production in check. Since oil price has been rally more than 1 month, the downfall could price could present trading opportunity.

Trade on bullish Oil: Oil ETF (ticker: DBO)
Trade on bearish Oil: Inverse Oil ETF (ticker: SCO)



Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA)

Friday, May 18, 2018

May[6] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: 
<Companies> ComfortDelgro (CFD), CityDev, CNMC, Genting Sing, Golden Agri, SIA Eng, Singpost, ST Eng, ThaiBev, UMS, Wheelock and Wilmar

May[5] - Market Updates

Gold:   
Recent bull run of US Dollar has been pressing down on Gold price. Looking price trend of Gold since 2016, it has been forming higher low formation. Shall such formation holds, recent downfall might present trading opportunity.

Gold ETF (NYSE: IAU)

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA)

Friday, May 11, 2018

May[4] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: 
<Companies> Bumitama, Centurion, China Aviation Oil, CSE Global, Falcon Energy, Halcyon, Hatten Land, Health Management International (HMI), Hyflux, OCBC, Perennial, QAF, United Engineers
<REIT> Frasers Logistics & Industrial Trust (FLT)

May[3] - Market Updates

US:   
S&P500 has broken up from the descending triangular consolidation zone last week, with next resistance ~ 2800. As movement finally changed from the lower high formation seen over past four months, confident could be back to market again.

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA)

Friday, May 4, 2018

May[2] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: 
<Companies> Capitaland (CAP), DBS, Japfa, Raffles Medical, Sembco Ind, Sheng Siong, Starhub, UOB
<REIT> Manulife US REIT, OUE HTrust

May[1] - Market Updates

US:   
S&P500 has been range bouncing within a triangle consolidation zone since early Feb. Lower high formation was seen so far. Last trading day saw price upward swing which resided just beneath the falling ceiling of the consolidation zone. Coming days shall see whether the zone would be broken up or down.

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA)