Author: Kelwin & Roy

The Week Ahead July 2023 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy STI , , , , ,
2nd July, 2023, 9:45 PM

US markets ended up in the green with a strong push despite Fed gunning for a two consecutive rate hike. It seems that nothing can stop this rally! Its good news for us of course as we are already positioned in the market. BUT of course, we would like to add more shares in. For those who haven’t gotten in due to all the fearmongers out there. One way is to start dollar cost average. We’ve been bullish since the start of the year and have been updating as much as possible but if all else fails, then star your dollar cost average as soon. YES, it may seem high now but what if market moves up to 4800 by year end? Can you afford to miss that??

Once again, we’ll update more in our upcoming webinar this coming Wednesday. Don’t miss it as we got lots of important stuff to go through. You can sign up over HERE .

source: https://edition.cnn.com/markets/fear-and-greedSource:

The greed and fear index is currently into the extreme greed. If you ask me to enter the US markets now i would be hesitant. When it was in extreme fear back in march that’s when we entered the markets. So for now, we wouldn’t mind waiting for a lower entry.

Still lost on what to do with the markets? Let’s chat more this coming Wednesday in our webinar.

So what to look out for this week? Its a shorter week for US as they celebrate Independence day on 4th July. Fed minute meeting will be out this week. Other than that nothing really exciting for the markets yet.

STI

STI 2nd July 2023

Chart Source: DZH International Advisors 2nd July 2023

STI showed some resilience through the week and remain supported at that uptrend support line of 3186. For this week, with the positive sentiment of the US, we might see an attempt to move up to the 3249 level first. STI is looking like a sideways consolidation with any of its underlying blue chips not really going anywhere. SIA saw a big gap down on Temasek sold some of its stake on Friday. Importance of not chasing when the price has risen too much. June holidays are over, with the next half of the year starting, we should see the market start picking up as traders come back from their leave.

HSI

HSI 2nd July 2023

Chart Source: DZH International Advisors 2nd July 2023

HSI was a in sideways movement for the whole of last week. Critical support remains at 18522. China’s caixin PMI data will be out on Monday morning. This could set the tone for the week. A weaker data could spur more stimulus down the road and a stronger one might give some hope that China’s market is starting to get back on track. Overall, we need more stimulus for the HSI to move which is currently lacking. After the initial wave of stimulus, HSI has gone flat is awaiting more action.

Head over to our Facebook page for updates on the US markets as we are seeing more moves over there.

Yours

Humbly

Kelwin & Roy

The Week Ahead June 2023 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market , , , ,
25th June, 2023, 10:55 PM

US STOCKS closed lower on Friday (Jun 23), capping a week dominated by Federal Reserve chairman Jerome Powell’s testimony. With few market-moving catalysts this week aside from Powell’s congressional testimony, all three indexes notched weekly losses, ending a weeks-long rally.

The Nasdaq snapped its eight week winning streak while S&P 500 broke its five-week rally. Is this the start of more downside? In our view we do think so given such a strong rally, a pullback is not too much to ask for right? Especially for those who missed out on this rally, this could be an opportunity to scale into the markets.

3 key events to look out for this week, the first being Fed’s speech on Wed, second is China’s PMI data on Thursday and lastly Fed’s preferred inflation data which is the PCE. As inflation is still above 2%, Fed is still trying to bring it down and is now looking at another two more rate hikes for the year. Friday’s data could give an insight to what Fed might do for the July’s meeting. Do head over to our Facebook page to find out more about the key levels to watch out for this week for the US markets.

STI

Straits Times Index 25th June 2023

Chart Source: DZH Internatioanl Advisor 25th June 2023

Following global sentiments, the straits times index also saw a pullback for the week as blue chip stocks like sembcorp industries, keppel corp and SIA all finally saw profit taking. Banks initially led some rebound as a higher rate environment could continue to lead to higher profitability for them.

Our Straits Times Index is currently at its immediate support of around 3186. It does look like there might be more downside to it which we might even see 3123 as the downside target. If the index reaches there, we do see good opportunities to enter the market.

HSI

Hong Kong Index 25th June 2023

Chart Source: DZH Internatioanl Advisor 25th June 2023

After a very steep rebound on expectations of rate cuts and stimulus from China’s government , HSI saw a sharp pullback. A pullback to 18522 level is possible for the week. PMI data coming out on Friday might help spur the govt to do more stimulus if data comes below expectations so that’s something to look at for the week.

Meanwhile, some more downside might be expected before a rebound. 18522 level first then a test of the recent low of around 18000 should give some firm rebound.

To find out more about the US markets don’t forget to head over to our Facebook page.

Yours

Humbly

Kelwin & Roy

The Week Ahead June 2023 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy STI, Stock Market , , ,
11th June, 2023, 9:51 PM

Another good week for the US markets as it notches fourth straight positive week climbing on a wall of fear. US market continues to ride on the AI theme although there are signs of slowing momentum as stocks have ran up quite a bit already.

 

The greed & fear index has entered the extreme greed zone which indicates the sentiments are much better now and traders are willing to go risk on. We are a little contrarian when it comes to this, being extreme greed might not be too good for the short term as traders start to pile in to the market. We have been giving advanced cue since may for a potential upswing which has happened and now market seems a little high and we prefer a pullback before entering. Not chasing the markets for now.

For this week , CPI and Fed meeting will be the key events to look out for. Market participants are expecting fed to keep rates and not increase it. 30% are seeing a raise. So if Fed does raise the rates, we might see a pullback from the markets.

STI

Straits Times Index 11th June 2023

Chartsource: DZH Advisor 11th June 2023

STI still a little lackluster, with a few stocks standing out from the rest. Sembcorp industries and SIA are two that are shinning brightly.

For this week, we might see some rebound from Keppel Corp, Capitaland Invest and SATS.  STI could move up to test 3200 then 3225. STI could also wait and see if Fed pauses rate this coming week which might actually not be too good for the banks as it would mean that interest rate hike has peaked and banks moving forward might not see such high net interest margins already.

HSI

Heng Seng Index 11th June 2023

Chartsource: DZH Advisor 11th June 2023

HSI is a lot more exciting and active than the other regional markets as we are seeing a strong rebound ever since HSI went into a bear market. This rebound has caught the shortist hence seeing a fiercer rebound. Many are speculating a stimulus from China’s government to spur the markets. Do be careful as it could be a sell on news kind of situation as markets are rebounding on such expectations.

For this week, we might continue to see rebound to 19600 then 20k Strong resistance around the 20k mark where HSI should take a break. We hope you took the chance to load up on some good shares like Alibaba, Baidu and Tencent. Another exciting week ahead.

Head over to our Facebook page to learn more about how Nasdaq and S&P500 might perform this week.

Yours

Humbly

Kelwin & Roy

 

 

The Week Ahead June 2023 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market , , , ,
4th June, 2023, 10:44 PM

Another great week out for the US markets as Nasdaq and S&P pushed up higher. Well it is good for everyone who is on long, for those who missed the rally its really a pity. So if we do get any pullback in June, it could present a good opportunity for those who missed out thinking its a BEAR BEAR BEAR! June is seasonally a weaker month BUT during the 3rd year of the presidential month, June might still be alright. We’re still hoping for a pullback which could then allow some entry.

S&P500 pushed ahead past the 4200, 4300 looks possible on the cards which could be reached within this week. We won’t be chasing this market and would prefer to wait for a pullback first.

STI

Chart Source: DZH international AdvisorXs 4th June 2023

STI saw a rebound during the week but got resisted by the 20ema. After the initial rebound, the momentum is losing steam and is picking up by HSI rebound. STI could see positive momentum flowing and try once for another rebound. SATS looks like it might have more downside to $2.35 which will present a good rebound opportunity there. Overall, we’re looking for an upside this week to test the 20ema once again.

HSI

Chart Source: DZH international AdvisorXs 4th June 2023

HSI FINALLY saw a rebound after weeks of selling. Data coming below expectations caused selling through the week and as media started blasting that HSI is in the bear market, that’s when the market turns around and bite you. Better retail sales and caixin data helped market make that 4% rebound last friday. Rebound might continue on this week with the 20ema at 19200 as the first resistance. After weeks of selling, our clients were the first to be informed on Thursday about a potential rebound in play which came as a 4% rebound which wiped out the shortist. Want to be the first to be informed and not miss out. Join us to be the first to be informed of such potential move.

Head over to our facebook to find out more about the Nasdaq and S&P500 movement this week.

Yours

Humbly

Kelwin & Roy

Buy In May And Sell In June?

Kelwin & Roy Stock Market
1st June, 2023, 9:56 AM

Buy in May and Sell In June??

The aged old saying of sell and go away in may didn’t materialize once again. Nasdaq was up 8% helped by our stock pick NVIDIA while S&P was up 0.5%

So now as we step into June, could we finally see the selling take place? As we shared in our webinar, June is seasonally a weaker month as its the summer holidays and traders take a break.

After a good month in may, some selling in June is not too much to expect.

A pullback could present us with opportunity especially for those who missed the boat. Keeping a close watch.

Missed the BULL RUN so far? Want to restructure your portfolio but don’t know how?

Simply reach out and we’ll help you through this. Are you able to afford to miss out the next run up?

Yours

Humbly

Kelwin & Roy

The Week Ahead May 2023 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy STI , , , ,
28th May, 2023, 11:40 PM

What a week! Nasdaq saw an awesome close with AI theme leading the charge! May is turning out to be a positive month for the Nasdaq but relatively flat for the S&P500. So can sell and go away in May be trusted? We stated our point at the start of the month in our blog hinting to more upside than selling and we hoped that you have benefitted from this.

Early in the morning, the white house and republicans reached a tentative deal to avoid US default. The deal will still need to be approved by House and Senate lawmakers by wed to meet the 5 june deadline.

Nasdaq has been running up quite a bit so it might be a case of running ahead of news and selling on the news so beware, don’t anyhow jump in!

Now if you have been bearish all this while, reading too much doomsday prediction, predicting the WORST crash ever you would have missed out the 33% gain just for Nasdaq this year.  OR if you’re still shorting the markets hoping for another crash but market keeps on going up. Then our upcoming webinar is for you. If you want to ride the next wave up but still not sure how to do it then we encourage you to attend this and change things around. It is still not too late and there is HOPE for a change! Sign up as soon as there are really limited slots left.

STI

Straits Times Index 28th May 2023

Chart Source: DZH international advisor 28th May 2023

STI saw a rebound as mentioned last week. Banks especially DBS led the rebound and our clients had first dips on it catching the rebound from 30.50. We could see $32 coming this week with positive sentiments out there. Still on course for our rebound target of 3260. We hoped you managed to catch this rebound. Singapore electronic stocks also saw a nice rebound largely led by chip makers overseas.

HSI

Hang Seng Index 28th May 2023

Chart Source: DZH international advisor 28th May 2023

Rather disappointed with the HSI as weakness continues to set in and even breaking through our 19k support. We got to see HSI regaining its 19k level by this week if not the downside might be ugly. 18500 is a crucial support and we wouldn’t want that to break. We would want to see a base being formed first before taking any action for now. If you want to get the latest updates on the HSI like our clients then just reach out and we’ll let you know how to be added into our telegram channel.

Head over to our Facebook to find out more about Nasdaq and S&P500 movement this week!

Yours

Humbly

Kelwin & Roy

 

THIS IS WORRYING

Kelwin & Roy Market Outlook , ,
26th May, 2023, 2:18 PM

Chart Source: Tradingview.com

Debt Ceiling is the talk of the town these days and markets seem to be moving in tandem with news concerning the negotiation of the debt ceiling.

THIS IS the 😱 🫣MOST WORRYING THING that could come out from the debt ceiling drama and ITS NOT the government shutting down!

It happened back in Aug 2011 and the markets came off around 15% .

Will it happen again this time and what to do and how to prepare yourself IF IT happens? 🤔

We’ll talk more about it during our webinar next Wed at 8pm. ⬇️

Link below to register :

https://bit.ly/SHSjunewebinar

From Kelwin & Roy

The Week Ahead May 2023 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market, Straits times index , , , ,
21st May, 2023, 4:35 PM

Fist bumps all round as US markets push higher with Nasdaq even breaking above Aug2022 high! We’ve been bullish on the US markets and have been giving regular updates so hopefully you caught this break!  Big tech led the gain as traders/investors are becoming more optimistic about a rate pause. What will happen to the market with a rate pause? Will market trend up or down? We’ll be answering that in our upcoming webinar at the end of May. So register HERE if you want to find out what will happen.

The Greed and Fear index is starting to creep up towards the extreme greed area which is good if you’re on the LONG side. When it goes into the extreme greed that’s when we need to be alert as market might start being too bullish.

For this week, take note of Fed’s statement on Wednesday ( thursday morning local time) to get a confirmation if you’re going for a rate pause!

STI

Straits Times Index 21st May 2023

STI came down to our target support before launching a rebound. Short term resistance at 3200 which was the previous support. STI could look to break past this and stage a rebound to around 3260 levels. Banks are also due for a rebound after falling for over 2 weeks. Blue chip stocks like Capitaland Invest, Venture also could see further rebound into the week. =)

HSI

Hang Seng Index 21st May 2023

HSI once again the wild beast of the east saw wide swings during the week. It is now in a sideway consolidation. Results from big tech stocks like Baidu, Tencent, Alibaba were a little mixed. Some did better than expected while some came below expectation. Data coming out from China were also not as expected hence some selling came in. G7 summit also added strain as world leaders were looking to clamp down on China’s growing power.

With that on the backdrop, we might see weakness in the HSI a test of 19000. We need to see 19k hold before we can start  to see another rebound.  A rebound back to 20k could be on the cards very soon and we’re watching closely for that. Moving averages are already sloping down so more downside might be seen.

Head over to our Facebook to know more about our view on S&P500 and the strongest index for now Nasdaq100.

Yours

Humbly

Kelwin & Roy

 

The Week Ahead May 2023 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Straits times index , , , ,
7th May, 2023, 11:05 PM

 

It was an exciting week for the markets as Fed increase rates by 0.25% and bringing the Fed Fund rates to 5-5.25% . With this hike, Fed opens door to pause tightening cycle. Is this good news for markets? Our clients have been briefed and know what to do in an event of a pause. =) Want to know what happens when Fed pauses rates? Simply drop us a message.

Big tech results have also reported their results and so far all beating expectations which is a positive sign. Though slowing down which is very much expected, its a positive sign that results are still coming in above analyst expectations.

For this coming week , U.S CPI data on Wednesday and Thursday’sPPI data are among key data markets will be watching on further signs of inflation easing.

Markets are actually holding up well and there is risk on for the markets too. We would start to cautious if the gauge goes to extreme greed.

Could S&P500 finally break that strong resistance 4200? Head over to our Facebook to find out more. Meanwhile, we’ll dive more into the Straits Times Index and Hang Seng Index.

STI

Straits Times Index 7th May 2023

Chart source: DZH International Advisor 7th May 2023

STI moved as we expected, moving up to the resistance(3295) as drawn and coming back down. The banks are the main draggers for the STI as interest rates are looking to stabilize meaning that their NIM might start coming down and with recession looming, this could be a double blow for the banks. But once the banks come off to a low enough level, thats when we’ll be entering once again.

For this week, STI is being resisted by the 5ema. We’re expecting more downside for STI to 3220 level which could then flush out the weak hands.

HSI

Hang Seng Index 7th May 2023

Chart source: DZH International Advisor 7th May 2023

HSI also moving to plan. Pulling back first and then moving up. HSI is more exciting now and we have re-drew some of the lines to have a clearer picture. It is currently at the 20ema resistance of around 20032 level BUT we do think that there is strength for the HSI to breakthrough. We should have seen the bottom for this round and onwards to our target of 20500-20600. Jia you!

Head over to our Facebook to find out more about view on the US markets.

Yours

Humbly

Kelwin & Roy

The Week Ahead May 2023 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market, Straits times index , , ,
1st May, 2023, 10:37 PM

Did you know that the S&P500 ended April up close to 2% further adding to April being a positive month for the markets.

Now as we enter May. What is ahead of us? Firstly, Fed will be meeting on 2nd and 3rd May deciding if they will raise interest rates once again.

Secondly, the famous saying sell and go away in may! Will this self fulfilling prophecy happen?

Taking a quick look for the past 10 years S&P 500 was up 90% of the time but if we were to look back from 2008-2013, S&P500 actually fell 4/5 times or 80%. As such sell and go away in May ending in a negative region was about 33% for the past 15 years.

So for May, selling and going away in May might not hold true. The upside could surprise also depending on what Fed says.

STI

Straits Times Index 1st May 2023

Chart source: DZH International Advisor 1st May 2023

The moving averages are sloping down for the STI with the 5ema acting as the resistance. For this week we might see more downside for the index. It might try to move up test around 3295 and head back down. A break of 3267 could see it pullback to 3220. At that level, we probably see more entry as the index would look more attractive then. Banks are the main driver and we are seeing weakness in it that could drive the index down. Individual stocks are actually fairing pretty well despite the negative sentiments.

HSI

Hang Seng Index 1st May 2023

Chart source: DZH International Advisor 1st May 2023

HSI a little different from STI. We might see more upside for the week. The 20ema acted as the resistance which could see a bit of pullback first before accelerating upwards. We could wee about 20500-20600 for the end of the week as HSI is starting to form a base.

Head over to our Facebook to find out more about view on the US markets.

Yours

Humbly

Kelwin & Roy