Monday, October 19, 2020
S&P 500 Technical analysis. - Part 10
https://rb.gy/g6y43y
How to identify a buying signal?
The S&P had rebounded but didn't close above the candlestick gap. Therefore, we need to wait for the S&P to close above the gap and also be above the 5-day SMA in order to buy S&P again.
Like I've said previously, there must be at least 2 positive technical indicators before we can buy or 2 negative indicators before we can sell.
http://sg-stock.blogspot.com/2020/10/s-500-technical-analysis-part-9.html
Saturday, October 17, 2020
The northern hemisphere is facing a 2nd wave of covid outbreak.
https://www.nytimes.com/2020/10/14/world/europe/europe-coronavirus.html
The 2nd wave of the pandemic has slapped SUTD again for its inaccurate data analysis on the covid outbreak.
SUTD was completely wrong in its data analysis for the covid situation in SG and France.
http://sg-stock.blogspot.com/2020/06/sutd-made-bizarre-epidemic-prediction.html
SUTD didn't factor in the seasonal factor in its data analysis which we had mentioned below. Furthermore, SUTD followed the common bell curve principle blindly in its data analysis.
http://sg-stock.blogspot.com/2020/04/the-southern-hemisphere-must-brace-for.html
This singularity analysis resulted in a big margin of error and brought shame to SUTD.
We had managed to predict South Africa's outbreak by factoring in the seasonal factor and this seasonal factor is affecting the northern hemisphere again.
Friday, October 16, 2020
Singapore Nodx rose 5.9% in September 2020.
https://sg.finance.yahoo.com/news/singapore-september-exports-rise-5-020329490.html
Year on year changes (YOY):
September 2020: 5.9%
August 2020: 7.7%
July 2020: 6%
June 2020: 16.1% (Revised to 13.9%)
May 2020: -4.6%
April 2020: 9.7%
March 2020: 17.6%
February 2020: 3% (Revised to 3.1%)
January 2020: - 3.3%
December 2019: 2.4%
November 2019: - 5.9%
October 2019: - 12.3%
September 2019: -8.1%
August 2019: - 8.9%
July 2019: -11.2%
June 2019: -17.3%
May 2019: -15.9%
April 2019: -10%
March 2019: -11.7%
February 2019: 4.9%
January 2019: -10.1%
December 2018: -8.5%
November 2018: -2.6%
October 2018: 8.3%
September 2018: 8.3%
August 2018: 5%
July 2018: 11.8% (Corrected)
June 2018: 1.1%
May 2018: 15.5%
April 2018: 11.8%
March 2018: -2.7%
February 2018: -5.9%
January 2018: 13%
December 2017: 3.1%
November 2017: 9.1%
October 2017: 20.9%
September 2017: -1.1%
August 2017: 16.7%
July 2017: 8.5%
June 2017: 8.2%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
S&P 500 Technical analysis. - Part 9
When is the time to sell?
Well, when there are at least 2 negative indicators appearing, then that will be the signal to sell.
The ellipse that I've drawn has 2 negative indicators. The S&P closed below the 5-day SMA and the stochastics had a bearish crossover (black line < red line).
Furthermore, the bearish sentiment has appeared because the latest S&P index has crashed through the most recent candlestick gap.
Thursday, October 15, 2020
The US inflation is coming! - Part 4
From the above chart, we can tell that US inflation is coming. Please look at our previous explanation about CPI vs PPI below.
http://sg-stock.blogspot.com/2020/08/how-do-you-interpret-ppi-vs-cpi-and.html
My analysis is telling me that the US will achieve CPI above 2% in the 1st half of 2021 and the earliest period to hit the 2% target is in the 1st quarter of 2021.
Let's see if my analysis is correct or not.
Wednesday, October 14, 2020
S&P 500 Technical analysis. - Part 8
S&P 500
The S&P 500 had developed another candlestick gap. However, the S&P had just settled slightly below the Bollinger band. Please read below about the Bollinger band interpretation.
https://sg-stock.blogspot.com/2020/10/s-500-technical-analysis-part-6.html
As long as S&P doesn't crash through the latest candlestick gap, it is still on a bullish trend.
Who will win the US presidential election? - Part 3
https://sg.news.yahoo.com/xi-jinping-tells-marines-focus-152450011.html
When we told you that Trump might invoke a military confrontation with China just to remain as the US president, many people had doubts about our analysis.
However, President Xi didn't have a whiff of doubt about this and told his marines to be ready for war after we posted our analysis.
http://sg-stock.blogspot.com/2020/10/who-will-win-us-presidential-election_10.html
Tuesday, October 13, 2020
Monday, October 12, 2020
S&P 500 Technical analysis. - Part 7
The S&P had developed another candlestick gap recently. We had explained the candlestick gap previously below.
http://sg-stock.blogspot.com/2020/09/s-500-technical-analysis-part-3.html
The S&P is still having a bullish trend unless it crashes through the gap.
Saturday, October 10, 2020
Who will win the US presidential election? - Part 2
President Trump has refused to debate with Joe Biden virtually. Why?
Well, this is because Trump truly believes that Biden has dementia and a virtual debate will allow Biden to cheat. Therefore, Trump keeps insisting on a person-to-person live debate. Biden doesn't want such a debate because Trump is still contagious and can spread the virus to other people.
https://edition.cnn.com/2020/10/09/politics/second-presidential-debate-canceled/index.html
Nancy Pelosi wants to remove Trump from office now because the only way for Trump to continue to be the US president is to invoke a military confrontation with China by using Taiwan as a pawn and she wants to stop Trump from doing that.
https://edition.cnn.com/2020/10/08/politics/house-oversight-commission-president-health/index.html
Trump will continue to be the temporary or transitory President during the military confrontation and he can continue to serve another term thereafter without going through the presidential election process after the election deadline. This election bypass is totally legitimate and Nancy doesn't want Trump to abuse this legal loophole for his own benefit.
The die is cast in stone already. Biden will prevail unless Trump abuses the legal loophole.
http://sg-stock.blogspot.com/2020/10/who-will-win-us-presidential-election.html
Baltic dry index - 1970
Baltic Dry Index as of October 8
The Baltic Dry Index fell by 3.62%
On 8 October 2020, the Baltic Dry Index fell to 1,970 points, down 74 points (-3.62%) versus the level of October 7.
BDI is a number issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index provides "an assessment of the price of moving the major raw materials by sea. Taking in 23 shipping routes measured on a timecharter basis, the index covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain. Because dry bulk primarily consists of materials that function as raw material inputs to the production of intermediate or finished goods, the index is also seen as an efficient economic indicator of future economic growth and production.
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Related stock: Sembcorp Marine, Cosco & Pan ocean.
Friday, October 9, 2020
Who will win the US presidential election?
I think that Joe Biden will win this upcoming US presidential election because many people have lost faith in Trump and they have stopped indulging in his lies.
The white house is a hotbed now because it has infected 34 staffs insofar and this number is set to increase further.
Trump is a person who is using political means to handle this pandemic instead of scientific methods. His US-China trade war is also hurting ordinary Americans and his pandemic handling has killed more than 200,000 Americans.
How many more Americans must die before the whole nation will wake up to vote him out? Let's see!
S&P 500 Technical analysis. - Part 6
Just as we had expected, the S&P continued on its bullish trend. However, the S&P is almost breaching the upper limit of the bollinger band. As we can see from historical data, the index can only stay outside the Bollinger band within a short span of time before reverting to its mean.
I've also drawn the new resistance and support lines. Currently, the S&P is staying above all SMAs. Once the S&P crashes below the 5-day SMA, it means that the tide has turned temporarily.
http://sg-stock.blogspot.com/2020/10/s-500-technical-analysis-part-5.html
Thursday, October 8, 2020
Another constellation is aligning and a big financial crisis is brewing this time. - Part 10
https://www.washingtonpost.com/technology/2020/10/06/amazon-apple-facebook-google-congress/
US investigation faults the US technological firms with anti-competition monopoly tactics.
This is getting interesting.
An unknown force or someone is trying to capitalize on the existing dour economic situation and induce a financial crisis by disrupting the banking and technology sectors now.
http://sg-stock.blogspot.com/2020/09/another-constellation-is-aligning-and_29.html
A healthy stock market must commensurate with good economic traits. However, good economic traits are lacking in the current euphoric stock market. This aberration cannot continue perpetually and will come to an end eventually. It looks like an unknown force or someone is trying to do that now by creating a financial crisis.
Wednesday, October 7, 2020
Trump is still struggling to breathe after leaving the hospital.
He can infect others like that. What an irresponsible president!
Tuesday, October 6, 2020
S&P 500 Technical analysis. - Part 5
Just as we had expected, the candlestick gap proved to be a very good support range and the S&P didn't crash through the gap. The S&P had just closed above the recent resistance level which still indicated that it was still on a bullish trend. Therefore, the next resistance level will be the upper end of the Bollinger band since we set it to be 2 standard deviations which will include 95% of all the data.
https://sg-stock.blogspot.com/2020/10/s-500-technical-analysis-part-4.html
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