May[8] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: 
<Companies> Asian Pay TV Trust (APTT), ISDN, Netlink Trust, Noble, SIA, Silverlake Axis, Singtel, Vallianz

May[7] - Market Updates

Crude Oil:   
Oil price plunged from its 3 years peak on last trading day. Few negative factors such as OPEC and Russia signaled potential rising in supply as well as rising production from US Shales. Next week, price could test support ~ 63 which saw triple top break up around last April. Regional conflict and Iran sanction might provide support to the downfall. Saudi Aramco listing might be one reason why Saudi shall be committed to keep production in check. Since oil price has been rally more than 1 month, the downfall could price could present trading opportunity.

Trade on bullish Oil: Oil ETF (ticker: DBO)
Trade on bearish Oil: Inverse Oil ETF (ticker: SCO)

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA). 

Chart[85] - Golden Energy

The counter saw some buying interest since it released latest earning results. Price has been moving with rising volume as show on daily chart below.

Looking into its weekly char, shall price break up from 0.38 with significant volume, more upside could be seen from the counter.

May[6] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: 
<Companies> ComfortDelgro (CFD), CityDev, CNMC, Genting Sing, Golden Agri, SIA Eng, Singpost, ST Eng, ThaiBev, UMS, Wheelock and Wilmar

May[5] - Market Updates

Gold:   
Recent bull run of US Dollar has been pressing down on Gold price. Looking price trend of Gold since 2016, it has been forming higher low formation. Shall such formation holds, recent downfall might present trading opportunity.

Gold ETF (NYSE: IAU)

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA). 

Chart[84] - Singpost

The counter saw significant volume on last trading days, mainly due to its latest earning results. Price has broken one month resistance 1.35. Two more resistance ahead would be 1.4 and 1.44 as shown on upper chart below. Looking into weekly chart in lower chart below, price trend could be forming higher low formation which started since early of the year. Shall price drop below 1.31, the uptrend could fail to be forming.

http://www.businesstimes.com.sg/companies-markets/singpost-back-in-the-black-in-q4-on-absence-of-impairment-fees

May[4] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: 
<Companies> Bumitama, Centurion, China Aviation Oil, CSE Global, Falcon Energy, Halcyon, Hatten Land, Health Management International (HMI), Hyflux, OCBC, Perennial, QAF, United Engineers
<REIT> Frasers Logistics & Industrial Trust (FLT)

May[3] - Market Updates

US:   
S&P500 has broken up from the descending triangular consolidation zone last week, with next resistance ~ 2800. As movement finally changed from the lower high formation seen over past four months, confident could be back to market again.

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA). 

May[2] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided: 
<Companies> Capitaland (CAP), DBS, Japfa, Raffles Medical, Sembco Ind, Sheng Siong, Starhub, UOB
<REIT> Manulife US REIT, OUE HTrust

May[1] - Market Updates

US:   
S&P500 has been range bouncing within a triangle consolidation zone since early Feb. Lower high formation was seen so far. Last trading day saw price upward swing which resided just beneath the falling ceiling of the consolidation zone. Coming days shall see whether the zone would be broken up or down.

Market Calendar on coming week:   
(SG: Singapore; CH: China; US: USA).