MARKET COMMENTARY

I feel obliged to make some comment today. We are in a very uncertain time after the markets made a strong move on Thursday. There is question whether or not we have bottomed out. I see two equally strong arguments for either side. One camp, particularly from the fundamentalists or pessimists, is voicing for [...]

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[Dear Readers: This will be my last blog update as I’ve figured that I was no longer serving any purpose in writing here. My original plan to attractive a pool of like-minded traders to exchange trading ideas is not forthcoming after almost 8 months blogging. If you wish to ask any question and share information [...]

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MARKET COMMENTARY
 
Alright, we have a rebound. And I like the magnitude of the rise as it had reduced the tension built up over an extended period of bearish push. Given a number of potential positive news to be announced on Wednesday and on Thursday, we can expect another round of Bull Run. Be careful though, [...]

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MARKET COMMENTARY
 
Yesterday, I have indicated that the markets are in the diverging from the technical indicators. That would be sign for technical rebound. If the futures markets are any indication, we will see the much awaited rebound today. My hope is that the market will continue to rally for a couple more days. This is [...]

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MARKET COMMENTARY
 
There was no reason for the severe market sell-off in Asian market on Friday. The Dow fell 500 points after market opened. In an oversold market, further drop may be limited. What we have experienced so far is unprecedented and considered an exception. Dealing with situation like this, we have to be extra careful. [...]

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