Stock Market

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 June 2022 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market , ,
26th June, 2022, 4:42 PM

 

Its the end of the school holidays! We hope you had spend some quality and quantity time with your kids and family. It was an exciting week especially for the Hong Kong market which gained strength and saw very good gains overall. US also saw some positive action towards the end of the week with Nasdaq breaking out from its consolidation. Is the bull finally back? Read on to find out more.

Some things to note, market saw a pullback in commodity prices like oil, palm oil and coal stocks are starting to retreat too. This could give a short term relief rally for the markets but all eyes still on inflation data which will continue to lead the market. The 10 year yield has also retraced which continues to boost markets especially the Nasdaq.

HSI

A very nice rally for the hong kong market as it burst through its 5ema which we mentioned last week. Auto stocks saw a nice jump on govt stimulus which we also spoke about. Many stocks in Hong Kong are displaying strength in which we have seen for the last year and its good to have some focus on the Hong Kong market. As for the week, we are looking for more upside to around 22397 which is around the horizontal resistance. HKEX , Xiaomi are also looking good for next week. Remember once again if you’re trading or investing in HK markets as your approach to the market would be very different. As for investors, we have mentioned quite a few times to slowly average in due to our bullish view on it whereas for trading we’ll need a bullish momentum for it.

STI 

STI has also rebound off our support line which we drawn last week but the rebound we saw wasn’t anything strong as predicted. It came to the downtrend line and started hovering around it. For the week, we might see a move up towards 3146 area which is also around the 20ema. Wilmar is one stock we’re looking at with interest! Reits for investment has also shown strength through the week which we have informed our clients!

The week is shaping up to be a better one so be alert and make good use of it!

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 June 2022 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market , ,
19th June, 2022, 3:24 PM

Fed has raised rates by 0.75% on persistent inflation. Inflation wasn’t slowing down in June which left the fed to increase increase rates by 0.75%. Markets continue to look upon inflation numbers and if it doesn’t slow down then more rate hikes are going to be expected with the next one in July. An interesting thing that we’ve been mentioning is that despite US making new lows, the Hong Kong market which we’ve been covering extensively has actually been resilient. With good news flowing out of HK we continue to be bullish and believe in the recovery of that market.

HSI 

HSI has retraced to our short term uptrend line but is currently resisted at the 5ema. It has formed a higher low which is healthy in a larger reversal cycle. For long term holders, congrats as HSI is finally seeing some positive light with positive news flow coming out more and more. Even with the recent downside in US, HK has been holding up well with 20k a good support to continue to scale in. For this week, a break above the 5ema might signal more bullish signal and a test of 22k might be possible.

STI 

STI has hit some some around 3072 but a more significant support is around 3035 area. That is a still a chance that STI might hit that support before any sustained rebound that comes. Singapore markets is still trying to find its footing and there hasn’t been any sustained rally so far. STI might rally to that downtrend line of around 3120 before getting resisted. We’ll await more confirmation before making any moves.

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 April 2022 – [STI, HSI, NASDAQ & S&P]

Kelwin & Roy Stock Market
3rd April, 2022, 4:37 PM

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

Yield curve inversion causing some pullback in the markets but is this pullback good enough? Will recession be hitting soon? Read our view on S&P 500 and the Nasdaq to find out more.

STI

STI has hit our upside resistance of 3454 and started to pullback. A healthy pullback is good as most of our stocks have hit their targets and traders are starting to complain prices being expensive. A pullback to the 20ema is not too much to ask for as we start scanning for stocks to re-entry again! Want to know what stock we’re looking at next?

Be our EXCLUSIVE CLIENT and be alerted earlier to not miss out!

HSI

HSI saw a  rebound to our resistance and with a bullish candle on friday plus good news with China considering letting the US check their audits. China ADRs probably might have some upside. A larger pullback is more helpful as this brings more confidence to trade the HK market. But if HSI manage to break that 22339 resistance we might see it move up to 23647, not the best of situation but as traders, we have to learn to go with the flow.

For more analysis on the US market and where it might head to, you can click HERE

Have a good week ahead!

Yours

Humbly

Kelwin&Roy

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

Kelwin & Roy Stock Market, Straits times index , , , ,
13th March, 2022, 4:20 PM

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

Fed will be meeting this week and we’re most likely going to see an increase in rates. What is more important is the fed’s posture, how many times they’re looking at for hike and how fast. An increase in march is more or less a given only by 0.25% or 0.5%. With inflation at sky high, fed is also under pressure to tame inflation.

With the war that is happening, this has really changed the game plan and even the outlook of the economy. With the ongoing sanctions, oil prices increasing this has increased the  chances of a bear market. The increase in commodity prices will have ripple effects on the economy and markets could see a slow down for the time being. We wouldn’t want to use too much leverage in such times as the chances of a bear market has increased.

Key Events to Watch For 

Development over in Ukraine is key as its hard to tell how this war will end and how long more will the fighting carry on. Markets continue to remain on edge as this war does look different from the others.

Eyes will be on the upcoming Fed Meeting from 15-16th March and decision on rate hike will be announced on Thursday morning 17th March singapore time. Near term volatility is expected.

Reduced leverage, stick to your trading plan with a tight stop loss. Now is not the time to be aggressive or a hero.

Market continues to be near the extreme fear region which investor might want to take advantage of.

Technical Levels to Watch For This Week

STI

Singapore market performing the best for us with most of our Singapore targets hitting their targets despite the negative market sentiments. We’re cautious this week as Fed is set to increase interest rates hence for trading position we wouldn’t be aggressive but would rather adopt a wait and see approach.

HSI 

Norway sovereign fund’s offloading Li Ning is triggering some worries in the HK markets, tech companies reporting lower results due to regulations, US delisting fears for dual listing China companies, Covid cases increasing both in mainland china and HK. Its a never ending list of fear and uncertainty for the HK market. It is possible for a test of around 20k for HK before some bargain hunting comes in. Indicators are currently oversold too. Trading has been tough in HK market and we haven’t been giving any alerts for the HK markets for while. Waiting for a more stability in HK first.

For more analysis on the US market and where it might head to, you can click HERE!

Have a good week ahead!

Yours

Humbly

Kelwin&Roy

 

 

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

Kelwin & Roy Stock Market , ,
13th February, 2022, 3:48 PM

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

The start of the week was a good one for Asia markets as we saw many of our Asian counters hitting their porfit targets. But as the week drew to a close, hot inflation numbers spook the markets, sending the 10 year yield curve temporarily above 2%. To add fuel to the fire, talks about an emergency fed meeting to raise rates before March further escalated the drop. Goldman even sees Fed hiking rates from 5 to 7 times this year which caused further panic.  Also, Russo-Ukrainian war continues to spark fears in the market causing the S&P500 to drop even more on Friday but Oil gained an upper ground.  All in all, Asia continues to outperform the US markets.

Key Events to Watch For 

As tension carries on this week, keep a lookout for development on the Ukraine front and watching fed to see any updates from them.

Tuesday – PPI (The  Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.) Watch this!

Wednesday– Core Retail Sale  ( Core Retail Sales measures the change in the total value of sales at the retail level in the U.S., excluding automobiles. It is an important indicator of consumer spending and is also considered as a pace indicator for the U.S. economy.)

Crude Oil Inventories – Oil traders take note to see how bullish oil will be

Thursday – Building permits & Initial Job Claims

Technical Levels to Watch For This Week

STI

The STI continues to outperform the markets and even our expectations pushing up higher this week. We’re glad a lot of our counters are finding their profit targets with some hitting over multiple targets in the week.  STI has been up close to 2 weeks already and it might be time for some healthy pullback if not it’ll be tough for re-entries. We’re eyeing a pullback to 3366 level. So far, the banks are once again pushing the index up while other recovery counters like comfort and sats are also pulling their weight.

HSI 

Over in Hong Kong, the markets got a boost as reports of China State funds buying stocks to help stem declines. Covid cases continues to raise and strict measures are in place to curb the spread. HSI has hit our short term upside target and pulled back to a level of support both horizontal and the 5ema. With a few negative sentiments out now, we’re cautious going into this week. If the 5ema doesn’t hold, we might see it get pushed down to the 20ema of around 24330 area.

For more analysis on the US market and where it might head to, you can click HERE!

Have a good week ahead!

Yours

Humbly

Kelwin&Roy