Wifi Home Security

Thursday, February 24, 2011

SPX Market Trend

SPX 1300 touched! Next likely low near 1285 and consolidate within 1300 to 1320 range. TOP likely 1350 (if cross, 1380/1400). Let's monitor middle east unrest, oil and US currency (if TOP, sign of outflow soon to Asia amd emerging market).

Tuesday, February 22, 2011

Stock Market Crash Midyear 2011?

...Warning: Cyclical bull ends in 2011, new cyclical bear roars back
At the beginning of 2011 USA Today reported a contrarian forecast. Ned Davis Research says the S&P 500 will make a run at the 2007 high of 1,565, but hit a “midyear peak.” Then it will crash as interest rates rise. Davis concludes: “The midyear peak could mark the end of the cyclical bull market that began in March 2009 and the start of a new cyclical bear market.”  ...  >>> Read full article here

Comments : Let's monitor closely!
1.  SPX (lead first) has been trending nearer to 2007 high!
2.  Asia stock market indices (SSE likely midway or higher) likely around midyear depending on middle east unrest
3.  EU stock market indices likewise.

Asian Fund Managers Hoard Cash

Asian fund managers/smart traders hoard cash! Waiting at sideline to move in to equities...

Comments : SPX likely TOP short term. Middle east issues will be a concern and once over, Asia stock market will be alive again!  SPX will likely consolidate and USD likely TOP!

Friday, February 18, 2011

SPX Short Term Likely TOP

US dollar likely TOP! Fund will be shifting back to laggard Asia and emerging stock market soon with SPX consolidating till early April... Let's monitor!

Saturday, February 12, 2011

STI Consolidation Market Trend

STI low 3054. Too many foreign "bears" dumping - correction stock market trend - still a bear secular bear stock market! SPX needs to cool down to 1300 and hope STI won't drag down further by another 3 to 5%! Funds made good profit selling (buy back low) and soon buy low sell high, and follow by foreign funds DUMP HIGH again like this week across Asia. A "planned" stock market trend not based on technical analysis nor fundamental with reference to SPX - big fish eat small fish or bull "victims"! Playing with skewed bear sentiment (fear factor)...

Thursday, February 10, 2011

Stock Market Dips

STI support at 3125 to 3150 - touch 3127 this morning. Likely the low for this quarter. STI high still maintain at 3450/3500 if can break 3300 psychological resistance. SSE consolidation may be over and trend towards 3000/3300!
SPX dips near 1300 likely this week and stock market trend up to 1380/1400 end March/April. Let's monitor.

Thursday, February 3, 2011

SPX Bullish Market Trend

SPX stock market support resistance 1270 to 1277 range. Top likely by end March or early April hitting 1380/1400. Likely after April, bear secular bear market... Let's monitor!

Wednesday, February 2, 2011

Cramer 2011 Stock Market Up 15%

...Cramer thinks the market will remain resilient simply because of the pervasive negativity. This can't be a top, he explained, because there are too many bears. At a top, there are too many bulls and everyone is overly confident. Even following the best January in more than a decade, Cramer said few are bullish now.

For his part, Cramer still expects the markets to climb by 15 percent this year. He said nothing has happened to change is mind, especially the bullish performance in January.  Read Article Here

Comments : SSE, STI and KLSE still laggard stock markets. SPX leading the bullish secular bear market since January 2011. Expecting the UNexpected divergence from SSE and STI (and KLSE) soon... Bullish secular bear market will likely end March 2011.