kelwin and roy

Wilmar – [ Why It Could Move Higher ]

Kelwin & Roy Wilmar , , , , , , ,
16th February, 2022, 7:50 PM

Wilmar – [ Why It Could Move Higher ]

Chart source: AdvisorXs 16th Feb 2022

Wilmar has seen a move of  7% in just over a week since our alert to our clients. It was Wilmar’s turn to shine as inflation brings a rise in commodity prices and in turn commodity related counters. It is currently at some resistance of around $4.76 and a pullback is healthy. The lower end of this pullback might be around $4.55 before we see another push up.  The next upside resistance we might see is around $4.97.

In order to hold your trade longer at a fraction of the cost, a trader can utilize CFD to give his  or her trading a BOOST!

A reason why Wilmar might continue to see its price trend higher is that it had a long consolidation ever since October hovering around the $4 to $4.40 price range. It has now broken above this resistance and might be challenging the $5 mark in the coming weeks. Also, with inflation , commodity counters tend to perform well too.

As the year starts, fund managers are also looking to load up on quality blue chip to ride this inflation environment.

If you’re keen to know how to free up your capital and to trade on a lower capital,  then do join us in our upcoming WEBINAR where we’ll show you how to hold on to your winning trades in order to ride the trend!

Date: 17th feb

Time 8-9pm

Register HERE! 

To be a client to receive such awesome trade alerts CLICK HERE! 

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

SGX – [ Meeting Expectations, How To Swing This Trade]

Kelwin & Roy SGX , , ,
9th February, 2022, 7:44 PM

SGX – [ Meeting Expectations, How To Swing This Trade]

Chart Source: Advisor XS 9th Feb 2022

The Singapore Exchange or SGX for short reported its results on Monday and most analyst were satisfied with the results. The biggest rerating came from Citi analyst upgrading it from a sell to a buy rating with a price target of $10.50. Some highlight of its results :

For the 1HFY2022 ended Dec 2021, SGX reported earnings of $219 million, down 8% y-o-y; adjusted earnings, which SGX claims is a more accurate reflection of its underlying earnings, was down 2% y-o-y.

Revenues of $522 million were flat y-o-y with higher operating expenses of $262 million, up 6% y-o-y, and operating profit of $260 million, down 7% y-o-y.

With more interest in local SPAC (Special Purpose Acquisition Company) listings , this could also support market velocity and fees moving forward for SGX.

Technical Outlook 

As we spotted SGX just a month back when it started to break above its downtrend line, it started to show resilience despite a negative sentiment around that time. For contra players, they might have taken some profits as SGX has risen in a few days. But in order to maximize the trade, a trade might consider using CFD in order to swing in with minimal cost. As our alert was at $9.50, we have seen SGX swinging to a high of $10.03 up over 5%.

There is some resistance between the range of $10.03 -10.10 and overcoming it might see SGX move up to , momentum and volume is building up for SGX and we might see it move to $10.50 before taking a break.

In order to ride the this trend, a trade has to either trade in or out or purchase the share. To know how to swing such a trade at a fraction of a cost and free up your capital then do join us in our upcoming WEBINAR where we’ll show you how to hold on to your winning trades in order to ride the trend!

Date: 17th feb

Time 8-9pm

Register HERE! 

To be a client to receive such awesome trade alerts CLICK HERE! 

Yours

Humbly

Kelwin & Roy

Sembcorp Industries – [Time to Bail? ]

Kelwin & Roy Sembcorp Industries , ,
7th February, 2022, 7:22 PM

Sembcorp Industries – [Time to Bail? ]

One of the stronger blue chips beside the bank, Sembcorp Industries has seen over 20% rise just over a month! A fantastic run if you ask us especially in the Singapore market. Since 27th Dec, we have alerted our EXCLUSIVE CLIENTS when Sembcorp Industries broke above it downtrend line. From then on it started its upwards move and right now, we are seeing some resistance.

What should we do? The candlestick pattern looks like  a shooting star which we must take note of. The volume has increased but it couldn’t move higher with a nice hollow candle finish.  A trader might consider taking some profits off the table as it has also touched our $2.49 resistance. There are a few ways to exit this trade and one of them would be when it closes below the 5ema. Another way is when it breaks the uptrend line we drew. One last thing, remember your time frame is also important. Whether you’re an investor or trader.

In order to ride the this trend, a trade has to either trade in or out or purchase the share. To know how to swing such a trade at a fraction of a cost and free up your capital then do join us in our upcoming WEBINAR where we’ll show you how to hold on to your winning trades in order to ride the trend!

Date: 17th feb

Time 8-9pm

Register HERE! 

To be a client to receive such awesome trade alerts CLICK HERE! 

Yours

Humbly

Kelwin & Roy

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

Kelwin & Roy Straits times index , ,
6th February, 2022, 2:31 PM

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

It was a choppy week over in US as the S&P 500 pulled itself out of the weekly 200SMA but saw a pullback during the week. Major companies reported their Q4 earning with Meta missing its earnings and giving a disappointing Q1 guidance. The 10 year yield curve also spiked up to 1.9% which caused some markets jitters. As Asia was on a longer break, most of the markets remained up despite the negative sentiments out there.

Key Events to Watch For 

Wednesday – Crude Oil Inventories.  The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.

Thursday – Initial Jobless Claim

Friday – US Fed Monetary Policy Report. This is the fed reserve board submits written reports to Congress containing discussion he conduct of monetary policy and economic developments and prospects for the future.

This coming week there will be more earning results like Pfizer, Pepsico, Disney and tech firms such Twitter, are
Remember to refer to below link to see Earnings calendar of your favourite companies.

Take note of the 10 year yield curve too.

Technical Levels to Watch For This Week

STI

We saw a push up for the STI after a short pullback  which is a bullish sign as it broke above the 3300 level. We might see it push higher during the coming weeks to 3350 level before another pullback occurs. Banks, travel stocks, E stocks are seeing rebound too. Stocks like Keppel Corp and Sembcorp Industries are shining too.

HSI 

It had one full day of trading last Friday but saw a huge catch up and closed up over 3%. Its considered a lot for an index to move 3% in a day. After a pullback, HSI has risen again and we might look for it to test the upside resistance of 25077 area and even 25404.

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

Live Webinar : Protecting Your Portfolio Against Volatility with CFD.

Kelwin & Roy CFD webinar ,
3rd February, 2022, 6:13 PM

Good Evening, in TWO WEEKS TIME we’ll be holding our webinar on Protecting Your Portfolio Against Volatility with CFD.

With high inflation and Fed rate hike concerns plaguing the markets, January was brutal with S&P500 correcting over 12%. Even fundamentally good companies such as Microsoft corrected over 18%.

One question we get asked often is, how can we protect our longer-term portfolio while we wait for the correction to end?

Is there a way where we can profit from these corrections while holding on to our investments?
After all, market corrects an average of 2-3 times in a year.
So how do we prepare ourselves for the volatility ahead?

In this 1.5 hours special webinar, we will be sharing on:
– Why hedging is critical this year
– Hedging your portfolio against volatility
– Trend trading with little capital
*- Trading the Index *
– Riding the commodity boom with CFD
Bonus: We will also share 2 stocks you can potentially look at to trade using Poems CFDs

Register below to reserve your slot as we have limited capacity.

https://us02web.zoom.us/webinar/register/WN_tHHD1mG_Rv6ODO0imIp7ag

See you in this webinar as we will share how to use CFDs to better equip yourself this year.

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

LIVE Webinar Details
Date: 17 Feb 2022 (Thurs)
Time: 8-9:30pm

Yours

Humbly

Kelwin& Roy

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

Kelwin & Roy Straits times index , , ,
30th January, 2022, 4:04 PM

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

Crazy week with crazy volatility as the S&P swung from red to green and green to red. Many stop loss were hit along the way and it was probably a tough time for short term traders but for the long term investors, it was a golden opportunity to pick up quality stock at a bargain. The hawkish fed pushed market further down after its statement BUT once again markets looks like its holding up pretty well! Read on to find out our thoughts on the market.

Key Events to Watch For 

Tuesday – U.S ISM Manufacturing purchasing Managers Index

Wednesday – Crude Oil Inventories , ADP Nonfarm Employment Change

Thursday – ISM Non-Manufacturing PMI

Friday – Nonfarm  Payrolls

There are many big earnings coming out this week like Alphabet, Starbucks, Meta so do take note of your companies which are releasing results this week.

Technical Levels to Watch For This Week

STI

Its going to be a relatively short week for Singapore market as she breaks for the Chinese New Year holidays.

Singapore market will be on half day on 31st Jan , closed on 1st and 2nd Feb and will be open on 3rd Feb (Thursday). Volumes are expected to be lesser as traders will probably take off and rest for the week.

STI has come down to our first level of support which we mentioned last week. Banks pulled back with the only exception of OCBC powering through the week playing catch up. We still waiting for further pullback before making any moves in Singapore. STI testing the 3200 support area might be a good chance to look at the Singapore markets again.

Sembcorp Industries has been holding up very well and the E- stocks are seeing a rebound after a hard slam down.

HSI

Hong Kong will have an even longer break. Opening on 31st Jan for half a day and will be closed all the way till Thursday (3rd Feb) and finally opening on 4th Feb. With just around one day of trading, markets could be softer and we’re looking. HSI came off together with the global negative sentiments and is currently sitting on the short term uptrend line. We’re expecting a bit more pullback before a rebound comes. We’re still bullish on HSI.

The S&P 500 and Nasdaq are currently trying to find a base and its been a good opportunity for investors to scale in to quality companies. Not sure of what companies to look out for? Just drop us a message.

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

 

TESLA – [ A Bargain Now? ]

Kelwin & Roy Tesla ,
25th January, 2022, 7:56 PM

TESLA – [ A Bargain Now? ]

Chart Source: Tradingview.com 25th Jan 2022

Tesla has pullback about 30% since its high Nov after Hertz order and back in Dec when they gave out its quarterly delivery figure which blew the analyst expectation.

What’s next for Tesla? It’s upcoming results after market on Wednesday. The results are expected to be good which might be one of the catalyst to push TESLA up. With the opening of Tesla’s Giga factory in Austin and Berlin, these are going to be an additional catalyst pushing Tesla to new heights.

So what should we do before results? We usually don’t advocate a TRADE before results as we never know how market will react to results. But if you’re investing, its a little different. As tesla has  a bright future ahead, one might consider a small entry before results is a strategy

Tesla has fallen 30% which we feel is a good entry to scale in comes againand after all the hype has died down.  $850-890 is an area to consider a batch in. The next level would be $800-$820. Tesla is on discount and its a good opportunity to scale in for the long term!! Don’t miss out!

Have a good week ahead!

Yours

Humbly

Kelwin&Roy

 

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

Kelwin & Roy Straits times index , ,
23rd January, 2022, 4:17 PM

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

The Nasdaq 100 is in correction territory falling over 13% while the S&P 500 pull backed over 8%. BUT, if you noticed something, both HSI and STI didn’t fall! Are we starting to see something interesting here? Is this the start of some value surfacing from the Hong Kong market? Read on!

Key Events to Watch For 

Tuesday – FED MEETING

Wednesday – FED INTEREST RATE DECISION

Thursday – Initial Jobless Claim

The Federal Reserve’s meeting Tuesday and Wednesday is the big event for markets in the week ahead, with investors hoping for more guidance on the central bank’s plan to raise interest rates. Markets have been lackluster and awaiting further direction from the Fed.

Technical Levels to Watch For This Week

STI

STI remaining resilient even though there was a sell down over in US. Banks ,commodity and energy stocks gave a helping hand to support the index. We are now very close to the 3300 psychological resistance and we would prefer some pullback first before making a move. A pullback to that uptrend line is healthy to us.  Electronic stock in Singapore saw a pullback due to interest rate concerns as investors took profit off the table first. There might be more downside for this sector. So holding back first.

HSI

Another index that showed resilience is the HSI! China cut its lending rates this week while US is looking to increase its interest rates. Could the Hong Kong and China market outperform US this year? We covered that in our webinar last week! We are hopeful! The HSI managed to regain footing above the uptrend support turn resistance line and even close above the 5ema. There are very positive signs and even on the backdrop of Xi Jinping no mercy in corruption and monopoly crackdown in the later part of the week. More upside might be seen to 25400 levels but of course markets are still looking to fed meeting before making major moves. Keep a watch!

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