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Thursday, October 29, 2020

The US inventories are rising as we've expected.

https://www.channelnewsasia.com/news/business/record-us-third-quarter-growth-assured-as-goods-trade-deficit-falls--inventories-rise-13396102

The US retailers' inventories surged recently and we had already projected this.

http://sg-stock.blogspot.com/2020/10/us-ism-pmi-analysis-for-september-2020.html

http://sg-stock.blogspot.com/2020/09/is-us-preparing-for-2nd-covid-lockdown.html

The increases in inventories will add to GDP growth because inventories are a sub-component of GDP.

http://sg-stock.blogspot.com/2020/08/how-do-you-interpret-ppi-vs-cpi-and.html

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Stock calls for 29 October 2020


Many Hongkongers are regretting their riotings in 2018-2019 now! - Part 3

https://www.washingtonpost.com/world/asia_pacific/hong-kong-us-consulate-asylum/2020/10/28/8f92a9dc-18d9-11eb-8bda-814ca56e138b_story.html

The US consulate in HK has turned away those HK activists seeking asylum.  Hahaha!

These Hongkongers don't understand the true nature of the US.  The US's modus operandum is a "USE & DUMP" strategy.  After using these Hongkongers, the US will just dump them like a piece of used tissue paper.

The Kurds shed blood and died for the US but the US also abandoned them.  What did these Hongkongers do for the US? These Hongkongers only received payments for the protests and had no value for the US after the protests ended.

http://sg-stock.blogspot.com/2018/02/the-usa-has-abandoned-syrian-kurds.html

These Hongkongers also habour the thought that the UK will take them in and they can live happily ever after in the UK.  If the UK really welcomes immigrants, the British won't vote for Brexit.

http://sg-stock.blogspot.com/2020/07/is-uk-really-sincere-in-taking-in-3m.html

Use your brain and don't listen to the western politicians!

Wednesday, October 28, 2020

Many Hongkongers are regretting their riotings in 2018-2019 now! - Part 2

Let's look at the real characteristics of Hongkongers.

https://sg.news.yahoo.com/cathay-pacific-deadline-looming-hong-133646347.html

The Hongkongers knew that the protests could cause the HK economy to plunge and the unemployment rate would rise but they still chanted "Let's go to hell altogether!" during the protests.  When reality bites, they refuse to go to hell altogether.

These people are fighting against their employers now when it was their employers who encouraged them to protest.  The saying, "You don't feel the pain when the needle doesn't prick you.", is really reflecting that in HK now.  Hahaha!


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Stock calls for 28 October 2020


OMG! Singapore is trying to divide ASEAN now to show its support for the US.

https://www.voacambodia.com/a/ex-singaporean-diplomat-says-asean-may-have-to-expel-cambodia-and-laos-/5637528.html

Instead of unifying ASEAN, Singapore is doing the exact opposite by persuading other ASEAN members to kick out Cambodia and Laos.

I knew that SG was anti-Cambodia but never thought that it would be to this extent.

http://sg-stock.blogspot.com/2019/06/the-recalcitrant-pap-refused-to-back.html

Why did SG do such a thing?  This is because SG is trying to help the US to increase its influence in ASEAN by reducing some pro-China supporters (Cambodia & Laos).

The latest survey conducted by SG showed that 7 ASEAN members supported China.

https://asia.nikkei.com/Politics/International-relations/7-of-10-ASEAN-members-favor-China-over-US-survey

https://www.iseas.edu.sg/wp-content/uploads/pdfs/TheStateofSEASurveyReport_2020.pdf

Things will not bode well for SG by offending these 2 ASEAN members (Cambodia & Laos) because they will not support SG in the future and SG's influence in ASEAN will be greatly reduced.

Tuesday, October 27, 2020

Who will win the US presidential election? - Part 4

Trump has reckoned that smearing Biden has lesser repercussions than going to war with China.

There is a smearing campaign against the Biden family now and a lot of scandals have surfaced.  Hunter Biden (the son) was rumoured to have sex with his sister-in-law (eldest brother's wife) and her daughter (teenage niece).  Furthermore, he was also rumoured to take drugs together with Obama's teenage daughter and also had sex with her.  There are many sex photos and videos about such scandals online now and I don't want to post them here as my blog is a healthy site.

I will post a picture of Obama daughter's credit card here.

The white powder was speculated to be cocaine.

S&P 500 Technical analysis. - Part 12

 


The S&P 500 had crashed through 2 candlestick gaps and closed just above the 60-day SMA.  If the S&P cannot maintain above the 60-day SMA, it will fall further as the next support level is the next candlestick gap line (thicker line).

We still maintain a bearish trend for S&P unless there are at least 2 bullish indicators.

http://sg-stock.blogspot.com/2020/10/s-500-technical-analysis-part-11.html

Innotek - Stock calls


Indofood Agri - Stock calls