Market Sense

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CK Choy.

Market Sense 市场意识: Controversy is what makes the market! Will Fiscal be solved? Yes, no, maybe...
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)

Friday, 30 November 2012

Controversy is what makes the market! Will Fiscal be solved? Yes, no, maybe...


It seems tiring to guess whether there will be an agreement before the end of the year. All I know is market continue to function and Dow Jones has advanced from 12500 to 13000 these 9 days. We are just  600 points away from breaking 5 year high.

All I know is Yoma and Ezion will still go up after consolidation. All I know is Apple and Facebook are some of the stocks to watch this christmas season. All I know is that US tech sector, retail sector, and travelling industry are the sectors to watch these 2 months. All I know is that putting your money on buying strong earnings stocks are what makes you money.

Perhaps I simply do not need to listen to every news about Fiscal Cliff. Perhaps I do not need to listen to Republicans or Democrats debating about it.

Maybe I should just do what I do everyday, which is to stick to my strategy that has all along work for Me.

If you think you are confused by all these talk about whether there will be a resolution, yes, no, or maybe before christmas, you may want to shut your ears to it and stick to what makes you money.

By the way, just for your info, the market actually went up 1500 points from june to september when we are also debating about whether there will be QE3. Yes, no or maybe.... so so confusing.

Just in case you do not know it, this is the stock market! They are made to create controversies in your decisions. CNBC is the most popular investment show because the hosts are made to debate with each other. You simply got to adapt to this stock market drama or JUST DON'T CARE

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