Tuesday, October 20, 2020
Many Hongkongers are regretting their riotings in 2018-2019 now!
https://sg.finance.yahoo.com/news/cathay-pacific-cut-6-000-092620228.html
Many HK pilots and aircrews would be fired and things wouldn't be this bad if there were no protests in 2018-2019.
The HK bankruptcies also started to creep up above its mean after 2018 because of the anemic GDP growth caused by the HK riots and covid outbreak.
Many rioters are regretting their actions now because they've sparked the economic downfall and they're experiencing severe economic repercussions.
Furthermore, China has given Shenzhen more autonomy to develop its own economy to supersede HK.
I believe the HK rioters have gotten what they've asked for. Hahaha!
S&P 500 Technical analysis. - Part 11
https://rb.gy/g6y43y
The S&P 500 is still showing a bearish trend because it has crashed through the 2nd candlestick gap.
http://sg-stock.blogspot.com/2020/10/s-500-technical-analysis-part-10.html
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
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