Market sentiment ww25

S&P500 retest on sma 200 twice, may heading the 3rd time within 2 weeks…\


pray hard it will sustain.

50sma going to cross 100 sma too, not a good sign after 2009 recovery

some local picks

Market seems pause awhile  from 6 weeks downtrend, some local stocks see support and pattern emerge. Golden Agri and sem mar show interesting pattern, buy or wait ?

Market Sentiment ww24

S&P500 bounce off 200SMA, but overall market still weak despite German and France bail out Greece news, such good news doesn't boost the market much... coming weeks will have to see end of 2nd quarter portfolio pumping activities, another volatile time frame.

day trade ..

down and volatile day always good for day trade or scalp. Need to master this skills

Market sentiment ww23

All 3 bench mark seems going to hit support soon, Nasdaq meet the support while DOW and S&P500 have some more leg to go, i do "hope" some technical bounce next week, but seeing the momentum of the bear this 2 weeks, nothing will stop the bear except an overnight good news/ breakout news or any reason can Bull overtake Bear in coming week, i doubt so...
S&P500 seems heading 1250, March low soon.50SMA line also at that confluence, expect some technical bounce next week.... let's cross finger.

Market sentiment ww23

Market has been down for 3 weeks, at least for DOW and SNP. but without i know shanghai index has been down since mid of April. it has been proven be early indicator of economy and stock market, it has found support now, same as the rest of market benchmark.



why europe economy slump

funny