Friday, May 25, 2018

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)

Friday, May 18, 2018

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)

Friday, May 11, 2018

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)