Aug Market Updates You Don’t Want To Miss

22nd August, 2023, 5:40 PM

Are you ready to stay ahead of the curve in today’s dynamic market landscape?

Could the current pullback we are witnessing turn into another crash? Or is this a good chance for those who missed out on the recent rally to scale in? Worried and unsure of what to do with your investments? Want to know why our clients are remaining bullish despite all the short term noise?

Then our next market update webinar is for you. Join us for an insightful time where we’re empower you with the latest trends, expert analysis and strategic insights to make informed investment decisions. We’ll be covering

  1. Is It Time To Enter The Market?
  2. Which Markets to Look At?
  3. Are There alternate Instruments Other Than Stocks and ETFs
  4. Common Pitfalls for Investors

Register to Secure your spot now!

🗓️Date and Day : Tuesday 29 Aug 203

🕗Time : 8-9:30pm

🔗Registration Link : bit.ly/SHSAUG

Seize the opportunity to empower your investment journey and make well-informed decisions. We look forward to having you join us for this exclusive event!

Yours

Humbly

Kelwin & Roy

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

20th August, 2023, 9:48 PM

As early as Mid July we’ve been sounding the bell to be careful especially in the US markets when the greed & fear index was at the extreme greed, emotions were raising and investors were rushing in for the fear of missing the next rally. Ever since then, the S&P500 has pulled back about 5% and the Nasdaq about 8%. Market sentiments continue to be weak especially for AUG-SEPT which is seasonally weaker therefore such a pullback is no surprise to us.

Of course time in the market is better than timing the market but as an educated investor we want to do some studies and make the best of what knowledge we have.

We did a simple study for one year for the greed & fear index vs the S&P500. Can you spot anything on the chart??We have highlighted that whenever the Greed&fear is below 50 or swings towards the fear to extreme fear do you notice that market is kind of near or at the bottom?? And what happens next? Its for ur own interpretation. =) but from the looks of it, the bottom usually is near. So for now, market might have a bit more room to go down BUT we can never know where the bottom is and therefore it is important to do a dollar cost average!

STI

Straits Times Index 20th Aug 2023

Chart Source: DZH 20aug 2023

The Straits Times Index  came off for the week but more than we expected! As world wide sentiments continue to dampen, Singapore market being so small will naturally be affected. We still could see more downside to 3130 levels before we see some meaning rebound. Over there we probably go for a rebound trade as bargain hunters will start coming out. Bank stocks like OCBC is on our radar for a rebound.

HSI

Hang Seng Index 20th Aug 2023

HSI saw a disappointing close affected by negative sentiments and a gloomy forecast of the China’s economy. Property sector in China continues to slow down with  china evergrande filing for US  bankruptcy adding to the already tough economy. The hang seng index looks like it might go down to 17400 level first. We need to see a rebound if not the structure for a bull case would not be so good. China government also have to come out with something quick if not the index could even sink to as low as 17k. As always, proper allocation into the markets is important and as HK pulls back for those without any position, then take the chance to scale in. BUT if you are fully allocated into the HK market then focus elsewhere and let time heal this market.

To know more about our take on the US and key points to look at to scale in, head over to our FACEBOOK PAGE.

Yours

Humbly

Kelwin & Roy

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

13th August, 2023, 11:00 PM

Some might feel a bit sad as the markets have been pulling back the last week or so with the Nasdaq pulling back about 6% and the S&P about 3.5%. As we have been mentioning for a few weeks to be prepared for a pullback especially after such a nice rally for the past few months. Many reasons can be attributed to the pullback like inflation slightly ticking up, US banks downgrade and so many more. What matter most is to make use of this pullback to continue to add to solid companies or for those who missed out on the rally to finally get in.

Source: Cnn greed & fear index

As cautioned back in July when the indicator was at the extreme greed area and when everyone was rushing into the market for the fear of missing the boat we patiently waited. Finally we are seeing some pullback and some bad news starting to come out of the market.

Nobody will know how much this pullback will last. But a good 10% pullback could be a chance to make an entry. Also , take a look at your individual stock as they could pullback more than the S&P like Microsoft is already down 12.5%. =)

S&P 500

Source: Tradingview 13th Aug 2023

S&P500 as cautioned many times saw a nice pullback for the week. It has covered the small gap of 4463. Bad news is starting to flow out of US and for the untrained investor then this might cause some panic. The first support for the S&P500 could be at the 50ema of around 4429 level then then 4383 and even 4300 These are some levels to scale in if you’re looking for an entry.

Nasdaq100

Source: Tradingview 13th Aug 2023

Nasdaq100 has pulled back more than the S&P500 because it has also risen more during the rally. Tech stocks lead the way when the recovery starts and when it pullback then its time to scale in at the support.  For Nasdaq, the first level of support is at 15000 level which we saw some rebound. This rebound could be short lived to about 15300 and then a downside support target of 14720 level might be touched. Don’t miss out on this opportunity to scale in.

HSI

Source: DZH International Advisor 13th Aug 2023

The Hang Seng Index did not close that well for the week. A red bar with volume could see more downside for the HSI this week The next support is at 18560. This has to hold for the hang seng to resume its uptrend and not get back down to a downtrend mode. Will be watching closely for this as this could be another buying opportunity. Still a lot of negative news and deflationary concerns surrounding the China markets which is causing a stall in this rally. China needs a more conclusive policy to help boost the market sentiments and get them out of this state.

STI

Straits Times Index 13th Aug 2023

Source: DZH International Advisor 13th Aug 2023

The Straits Times Index bounced off the 20ema on Friday but we might continue to see more downside for the STI to 3240 levels. Over there then we might see a good rebound coming in. As Singapore market looks a little dull for now, set your eyes to the other markets for better returns and that is key in order to survival in such a market.

We hope you have gained some insights for the week. As usual, if you need any help in your portfolio or unsure of which stock to enter. Feel free to reach out!

Yours

Humbly

Kelwin & Roy

 

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HAPPY 58th BIRTHDAY SINGAPORE!!

9th August, 2023, 8:00 AM

Happ 58th BIRTHDAY SINGAPORE!

Let’s take time to count our blessings and be grateful for what we have today.

It’s been a tough time for Singapore but we’ll come out stronger, TOGETHER!

May Singapore continue to prosper and be a gracious and giving society.

Majulah Singapura!

Market is closed today (9 Aug) and will be open on 10th Aug.

Meanwhile, if you haven’t heard or seen Poems latest promo, then you might be missing out!

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If you want to speak to us, simply drop us a message HERE.

Yours

Humbly

Kelwin & Roy

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

6th August, 2023, 10:01 PM

S&P500 and Nasdaq tumbled for four straight days, notching the worst week since March. This is partly due to Fitch downgrading US to AA+ rating. If you are waiting on the sidelines or someone who missed the rally then this should be music to your ears. FINALLY some pullback!

We’ll be updating the potential levels to look out for if you are considering an entry so do head over to our facebook page to stay updated with the latest. Aug- Sep are usually seasonally weaker periods too so one could take advantage of this if the market pulls back.

STI

Straits Times Index 6th Aug 2023

Source : DZH International advisor 6th Aug 2023

Just shy of 7 points to 3400 and the Straits Times Index went into profit taking mode. As warned, at around 3400 we would want to be taking some profits. For the week, STI has retraced about 3% which is healthy and could be looking to around 3240 levels for further retracement. Waiting for the dust to settle before making any moves. Keeping a look out for REITS as interest rates is stablizing and this might be time to start accumulating REITS if you want to build up a income dividend port.

HSI

Hang Seng Index 6th Aug 2023

Source : DZH International advisor 6th Aug 2023

The Hang Seng Index did hit our 20119 target last week but as much as we wanted it to carry on, it met with some roadblock and like the other markets, it saw some selling and moved down to the 20ema support line. For now this support is holding and the next line of support would be around the 19500 area. It got to hold around there in order to have it make a higher low to continue on the uptrend. Will be watching for a day or two to ensure the selling has stopped before making another move. We enjoyed the previous wave so holding back is not wrong too.

Head over to our Facebook page to find out the potential levels for the S&P500 as this pullback is starting to make stocks more attractive in the US.

Yours

Humbly

Kelwin & Roy

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Celebrating National Day with Guaranteed 5.8% returns!!!

3rd August, 2023, 9:38 PM

 

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Yours

Humbly

Kelwin & Roy

 

 

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

30th July, 2023, 11:14 PM

It was a rather flattish week for the US market as markets all priced in a rate hike from the Fed. Towards the end of the week we saw inflation data coming in lighter than expected which once again drove US markets up. S&P is track for the fifth straight month which is something we haven’t seen in awhile. BUT as S&P was flattish for the week the Hong Kong was up about 7.5% for the week! Let’s talk more about that in awhile!

Some key data to look out for this week would be earnings coming out. Sentiments would be dominated by earnings this week and China’s PMI data coming out this tuesday. After China’s Politiburo meeting on the 24th July, their stance and tone seems to have changed. They are now on an all out measure to turn their economy around after many quarters of slowing down.

STI

STI 30th July 2023

STI rebounded as mentioned last week earnings from UOB helped to push the three banks as results were promising and hitting expectations. For this week, we could see STI testing the 3400 level as see momentum coming in. At 3400 level, there could be resistance and it would be good to take some profits there. Many of our stocks that we have been alerting our clients to have been hitting their targets and its time to take some profits off the table.

HSI

Hang Seng Index 30th July 2023

The Hang Seng Index, the beast of the east has finally unleased its power! Up about 7.5% As mentioned previously, we expected hong kong to rebound after holding critical levels. And after the Politiburo last week, China is stepping up efforts to grow the economy as worse than expected data started to flow out from China. This could help rally stocks for the short to mid term as China badly needs a big stimulus to grow and attract foreign investors.

For this week, we do see a continual momentum towards the 20119 level first. We’re targeting 20652 for the next two-three weeks. Not in a straight line but good chance to see it as investors who missed out will have to chase prices now.

Head over to our facebook for updates of the S&P 500 and Nasdaq.

Yours

Humbly

Kelwin & Roy

 

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

23rd July, 2023, 3:49 PM

We get really excited whenever we see a pullback in the markets especially in the US. When market run away too fast and too high that’s a big of a danger as most would jump in on fear of missing out. Furthermore the greed and fear is current at 82 under the extreme greed region. As the old saying goes when everyone is greedy, be fearful. =) When everyone was fearful, that’s when we should be greedy.

For this week, the most important event would be Fed meeting. Market as a whole is expecting a 0.25% increase this coming Wed. There is a 99% chance that Fed will hike.


Source: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

How much of this priced in? Could US market finally have some pullback after this rate hike? We’re hoping so and also depends on what the Fed says after that. Could this be the last or one more time in sept? As inflation is coming down would there still be a need for a second hike? Watching the statement is more important than the hike itself.

STI

Straits Times Index 23rd July 2023

Source : DZH International advisor 23rd July 2023

STI inching closer to our 3300 target as we continue to see a rebound in the STI. For this week, we might continue to see some rebound as an increase in rates could help prop up banks which supports our STI. OCBC has found our target while hot stock Sembcorp Industries also saw some rebound. Overall, STI is starting to see more action after a pullback last month.

HSI

Hang Seng Index 23rd July

Source : DZH International advisor 23rd July 2023

HSI saw a pullback for last week after dismal reading of its GDP! It came in lower than expected which saw traders taking the chance to take profits off the table.  It managed to find some support and not head back to the 18,500 level. This is a good sign as market is forming a higher low pattern. We could be looking at market testing the 19700 region as a base is starting to form. Once again, big tech stocks are also firming up and we could see more upside. JD, Tencent are on our radar.

Head over to our facebook page for more updates on the S&P500 and Nasdaq.

Yours

Humbly

Kelwin & Roy

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

16th July, 2023, 10:35 PM

Another week up for markets as we saw the HK market came to life after Ant’s crackdown has ended. US markets also performed well after inflation data came in softer than expected. Overall, positive sentiments continue to flow and many of our HK and SG selections are all giving us good returns.

For this week, there are three key events to look out for.

  1. Its Earnings time. Second quarter earnings season gets underway as major banks started reporting last week. Expectations are low going into earnings and with earning beat we might see market moving up. Tesla will be one of the Mag 7 reporting its results on Wed! Head over here to look out for your company that are reporting. Remember, if you’re holding great companies for the long term then going into earnings wouldn’t be too much of a concern. BUT for those trading short term, holding over results is always a risky plan and its not something we would like to do.
  2. China economic data. China’s GDP Data will be coming out on Monday and any slow down might give rise to hopes of a stimulus from the Chinese govt. Gross domestic product is expected to have grown by an annualized 7.3% in the three months to June, compared with growth of 4.5% in the first quarter. Industrial production will also be out.
  3. US core retail sales (MOM) expecting a rise in that from 0.1 to 0.3%

We did see some profit taking coming in on Friday which is perfectly normal given such a strong run.

STI

As mentioned last week, we were expecting a rebound for the Straits Times Index and rebound it came! Pleasantly surprised with the strength as we saw banks being scooped up after being smashed down. We can see that STI being resisted by that downtrend line. We do think that the market might break it and test the 3300 resistance level. Many blue chip stocks are seeing a nice rebound for last week. SATS, SGX, Capitalland invest are all doing well. Special mention for Seatrium which saw a 18% move just for the week. Glad we caught this move too!

HSI

Hang Seng Index 16th Jul 2023

Short covering and bargain hunting stay the tone for last week as we saw the hang seng index roaring back. Tech stocks like baidu, tencent and ALIBABA all saw nice returns for the week. During such run, using DLCs could potentially upsize your profits! For this week, momentum could still carry on and we could be looking to test the 20k mark once again. There is heavy resistance there and it needs to build a base before taking it out. China data could provide some boost too. Don’t miss out on this rally and we hope you got in for some long term positions on the hong kong market.

Head over to our facebook for more updates and levels to look out for for the S&P500 and Nasdaq100.

Yours

Humbly

Kelwin & Roy

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

9th July, 2023, 3:21 PM

S&P500 ended the week down of about 1.2%. Why are we excited as in the picture you might ask. Well, as we been bullish for the year and do want to add more positions into the market so of course when the market is down we are excited. =) Are you too?

Greed & Fear index still at the extreme greed currently at 78 we are waiting for it to drop further before making an entry.

For this week, with Alibaba giving a boost to the HK market as China ends Ant’s Group regulatory revamp, this might raise hope of China ending it regulatory tightening on big tech. So we could see the upside coming in for HK.

Over in the US, earnings season is starting. With major banks reporting this Friday like Citibank, JP Morgan and Blackrock, this could bring the markets into some volatility. Keeping a lookout especially for the MAG 7 stocks which is a barometer of the economy.

STI

Chart Source: DZH International 9th July 2023

Our Straits Times Index dropped below our uptrend support line as banks and blue chips pulled back especially Sembcorp and Keppel Crop as they were the front runners for the STI for the past few months. Pullback is timely so that those who missed the rally can finally get in. But of course the time to re-entry is not yet. At least for us. We’ll be waiting for a base to form for Sembcorp Industries before deciding an entry. If you want to be informed of our next entry, ensure you’re in our telegram channel to receive all the latest updates and alerts.

STI could see a rebound this week as its coming close to the 3100 level. SATS looking strong despite the weak week.

HSI

Chart Source: DZH International 9th July 2023

HSI once again imploded over the week BUT saw some light at the end of the tunnel as China ends it crack down on Ant group. This could be a good sign for the overall market and even better for Alibaba’s shareholders. HSI looking like a double bottom forming around the 18k level which is crucial. HSI has to stay above this level although a crack and rebound is one of the option to wash out weak hands.  We could see HSI having some bargain hunting this week.

Currently market is looking for more stimulus as China badly needs a boost to their slowing economy. With this pullback, remember of your proper allocation into the markets. We are positive for HK but the proper allocation into the different markets matters too. Are you too heavy into the HK market? Need help in re-balancing? Let us know. We could shed some light.

Head over to our Facebook to find out more about our views on the US markets. IS IT TIME TO BUY?

Yours

Humbly

Kelwin & Roy

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