Month: July 2022

The Week Ahead Aug 2022 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market , ,
31st July, 2022, 9:49 PM

A BIG week went by and it yield a positive result for us. Fed increased rates by 0.75%, GDP shrank for the second month in the US and big tech results mostly came under estimates  BUT despite these challenges the S&P500 closed up for the week. Data is important but remember to watch the price action to see if its showing weakness. Despite all the data that came out, one might have expected markets to continue to come down but it did the total opposite which shows strength. This rebound does look like it has a bit more room to go before it hits the critical resistance of 4200 for the S&P 500.

HSI

Still no bullish sign for HSI as it continues it downwards move towards our 20k support.  We’re still waiting for more bullish signals to come out before any short term trades to be executed. There has been a string of negative news for HSI recently hence the pullback. The property scene in HK is not stable yet with property counters still not out of the woods. The next possible downside target might be 19200. Keeping watch.

STI

STI did much better than its peers in the region and outperforming the HSI for this week. It has reached our target upside resistance of around 3249 and pulled back ever since then. Banks led the way but gave up its gain on Friday as traders took profit after a good week. Counters like yzj shipbldg and First Resources also a nice upside leading it to hit our targets this week. Once a healthy pullback is done we might see STI moving back up to 3297 region. Be fast and nimble under such market condition.

Head over to our Facebook for more updates on the S&P500 and Nasdaq which has both shown strength through the week.

Yours

Humbly

Kelwin & Roy

The Week Ahead July 2022 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market , ,
24th July, 2022, 2:55 PM


For the past week, US markets had a rather good rebound with the S&P 500 breaking above its 50ema which is a rare move.

Its going to be a BIG week with many lots happening. Firstly, we’ve got interest rate decision by the Federal Reserve. Their meeting will take place over Tuesday and Wedensday US timing so interest rates results will be out on Thursday morning (2am) Singapore time. Market is looking at a 0.75% increase although 1% might be on the table given the higher than expected inflation data.

Secondly, we’ve got US GDP data coming out on Thursday night Singapore timing. The data could tell us if USA has gone into a recession which is typically marked by two declining quarters. If the US is in a recession, it might spark off another round of selling.

Thirdly, we’ve got big tech companies reporting their results too. Meta, Apple, Amazon are just some that will be reporting this week. Look over here to see when your company will be reporting. Do take note that if you’re TRADING over results it can be dangerous as any disappointment in the results could result in a heavy sell down like SNAP.

Its going to be a rather volatile week so do stay alert!

HSI

HSI pulled back to our support and for long term investors this presents a good opportunity ahead. As for the week ahead, with all the big data that is to come we would be cautious in the short term as we might see increase in volatility. Currently HSI is trying to form a base at around the 20k mark. Only with a break above our short term downtrend then HSI might continue its reversal. For now we are just watching for that break. Tech stocks in HK are also presenting a good opportunity for long term entry.

STI

STI showed surprise strength during the week and even managing to breakout of its 50ema. Banks mainly gave strength to the index but is facing near term headwinds at the downtrend line. Our next upside resistance is around 3249 area which will probably have some significant resistance.  Looking out for stocks that pullback like Sembcorp Industries. First Resources is also trying to find a base and is currently on our watch list.

Head over to our Facebook for more updates on the S&P500 and Nasdaq which has both shown strength through the week.

Yours

Humbly

Kelwin & Roy

July Webinar Special

Kelwin & Roy Stock Market
17th July, 2022, 3:40 PM

Webinar Special with PropertyLimBrothers: What to do if a recession hits

We’re pretty excited to share with you what we’ve planned for our upcoming quarterly webinar! You definitely won’t want to miss this one! We’re sure you’ve seen him showcasing numerous properties on YouTube. No further introduction needed; we have invited 🏠Melvin Lim, the Co-Founder of PropertyLimBrothers to share his views on the recent rise in interest rates and market trends.

With recession talk clouding the media, Melvin will be tapping on his expertise sharing if one should buy, hold or sell in the current environment. Also, a forecast of what will property trends look like up till 2023 and how to maximise it.

Additionally, we’ll also share how to prepare your stocks portfolio in case a recession hits. Find out which markets that we’ve been watching that could outperform to boost your portfolio. If you have no time and are always scared 😱 and unsure of when to enter the markets, then we got a solution which might help you.💡 So mark your calendar, invite your friends and come soak up the knowledge As spaces are limited and we’ll be expecting a huge turnout, do register with the link below as soon to avoid disappointment.

The webinar details are as follows: Date & Day: 21st July Thursday

Time: 7-9pm https://us02web.zoom.us/webinar/register/WN_HsJpjyxRS8Wm1Ky4U7LNHA

There will be no recording provided for this webinar so be sure not to miss it

Yours

Humbly

Kelwin & Roy

The Week Ahead July 2022 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market, Straits times index , ,
17th July, 2022, 3:30 PM

Did you see what happen last week? CPI numbers were out and it was higher than expected coming in at 9.1% which sent the market down at the start BUT actually recovered during the week. US markets did show some resilience and ended up for the week. This is not reversal yet but does show that markets are temporary ignoring these data. US earnings are are also coming out with JP Morgan having a lower quarter while Citibank beating results. Its too early to tell now but we will want to watch for more earnings before making any conclusion. For now we can see that S&P 500 and Nasdaq100 has strong resistance at the 50ema.

HSI

Weakness spotted in HSI which is a good thing if you’re a longer term investor and have missed the first wave for the Hang Seng. It is approaching our 20k downside target. Increase in Covid cases, growth rate slowing caused the downside in HK last week. For this week we continue to look for opportunity for long term holders to take a position as HSI is coming close to the 20k mark. We’ll watch for a base to form if not our next support would be 19300.

 

STI

STI couldn’t break the resistance we drew and came off after that . Immediate support at 3089. STI still looks weak and mainly guided by the banks. If banks start to break their support, we might see STI test the low of 3040. STI continues to be in a range and our local market has been lackluster and there hasn’t been much happening. Opportunity lies in HK and US for now so focusing more on those markets.

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

 

 

July Webinar Special Just For Our Clients

Kelwin & Roy Stock Market
13th July, 2022, 5:13 PM

July Webinar Special Just For Our Clients

Home loans are on the rise with rising interest rates, what should property investors do? What will the property market trend be like for the rest of 2022?

How should one position their stock portfolio with fears of recession coming? Which market holds the most opportunities?
Stay tuned for more.

We got something special installed for our clients and if you would like to know more about attending to special webinar, do drop us a line and we’ll tell you how to.

From Kelwin & Roy

The Week Ahead July 2022 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy STI , ,
10th July, 2022, 4:14 PM

We like to take this time to wish our Muslim friends a Selamat Hari Raya Haji! Hope  you’ll have a blessed time with friends and family.

Us Core consumer price index will be coming out this Wednesday and eyes will be on inflation data once again. US had a relatively strong rebound for the week and is approaching resistance. If inflation manages to ease off and not go crazy then we might see some more rebound. Markets are expected to remain volatile so traders got to put their best foot forward for the week!

HSI

As previously mentioned HK pulled to our first support at the around horizontal support and also around the 20ema. It started to have some rebound and for this week we might see HK breaking that very short term downtrend line resistance. We’re looking for a re-test of 22365 for this week with HK gaining strength. Some major tech stocks like Tencent is also looking on the upside. We continue to remain bullish on HK markets.

STI

Singapore markets will be closed on Monday due to Hari Raya Haji and will resume trading on Tuesday. Meanwhile our markets continues to be in a range currently trading near the upper resistance range of around 3131. STI might attempt to break that resistance this week but take note of the volume for a more convincing break. SATS is on our radar as this stock is showing some resilient.

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

The Week Ahead July 2022 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy STI , ,
3rd July, 2022, 3:51 PM

Markets saw another roller coaster week with a strong start and then slamming down during the week. Hong Kong once again being the outperformer. Its the start of the second half of the year and earnings will be coming out starting Mid july which will set the tone for the markets. Inflation will hurt the overall results causing a compression on earnings and a beating on price too. Any big miss might send the stock plunging and for re-rating too. So do ensure to keep a look out for your favourite stock during this week.

HSI

HSI 3rd July 2022

It rebounded to our projected target for the week and became resisted. A pullback is healthy to us and an even healthier if it manages to pullback to around the 20k level. As for this week, we’re probably looking at 21262 level for support first as there are a few confluence of support there like the 20ema. Hk is in a bit of a range and for the long term investors who missed the first wave, look to buy on dips at the support level. HK is displaying a higher low so it has to maintain this for further upside.

STI

STI 3rd July 2022

A slow week for STI as it continues to lag behind. It’s been in a range for the past few weeks and nothing exciting for our local markets yet. We’re just watching to see if the support of 3075 can hold for the week. So far, its been slow and there is a possibility of it breaking as our banks are also pricing in a recession with a slower loan book.

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy