I totally agree with u.

 Bears are just waiting for this chance now. Their paws must be sharp and ready to go

I am sure my selected stock will make money.

Not an inducement to buy or sell.  Please do your own research.

@ Happytrading

 Glad that people like my works and do not treat them like spam!! hehe

 Anyway unlike STI where i have a lot of live data at hand for analysis.

For US market, all i see is just index price and i can only do judgment after the market closed.

People who monitor Wall street will noes...nowadays BB like to do an reversal during the last hour of session and this has been happening for the past few days in US.

So just keep fingers cross loh haha

Oh! Hi!

So you are that wonderful person who posted

I like reading your stuff daily it gives lots of info

and hope to learn as much from it as possible

Keep up the good job man!

So tonite DOW is rallying, do you forsee any

"cheonging" for STI tomorrow?  LOL

On 10/June, Singapore shares end higher Thursday as China’s exports surged 48.5% in May from a year ago increasing the monthly trade surplus to $19.5 billion boosted the market sentiment.

STI ended 33.78 points (1.2%) higher at 2779.58 with low VOL of 938.3 million shares traded compared with 883.8 million shares Wednesday. In the broader market, gainers outnumbered losers 233 to 165. Today STI index rally based on very weak volume with only 59% of the stocks positive at the end of the session.

“There’s no catalyst to lead the market anywhere,” a trader at a local brokerage said.

Headline in STI

Before market close

Today there was news of Fortis Healthcare (532843.BY) launching counter offer   as much as $5.05 per share for Parkway Holdings (P27.SG) stake.

After market close

Tiger Airway reported that they have carried 5.2 Million passengers in 12 Months to May which was 52% improvement compared to a year earlier.

Technical Analysis on STI

Immediate Resistance of STI: 2780

Immediate Support of STI: 2740

MY sentiment on STI: Today rally is basically another stunt by “Big Boy”.

1)     Volume is low

2)     Only 59% of stocks are positive while 41% falls despite index increase by 1.2%

3)     Heavy weightage of STI Singtel rose 2.4% without any positive news.

Based on the above data, we concluded that BB mainly pushes up those “STI heavy weightage stocks” to make as though it is a solid rally but in fact it is nothing but a bluff.

SEE CHARTS

lol yup i am the one who post that on my website to warn the others.

Anyway US market seems strong now so i would not comment too much on tomorrow but today i am laughing when my friends told me its a good run for STI