https://www.clsa.com/special/FSI/2021/
Thursday, 28 January 2021
Sunday, 2 August 2020
Gold Price Estimation Using Formula of Balance Sheet and GDP
Gold Price Estimation Using Formula of Balance Sheet and GDP
Formula
Gold Price * (1+%change of balance sheet)/(1+%change of GDP)
backtest on uptrend where gold top at 1920 in year 2011. The estimation calculation using the formula is 2025: near to actual
backtest on downtrend where gold bottom around 1100 in year 2019. The estimation calculation using the formula is 1076: near to actual
Estimation calculation using the formula for gold price now as of 25/7/2020 using data from
2008 to now : formula calculation is 4778 (25/7/2020)
2011 to now : formula calculation is 2777 (25/7/2020)
2018 to now : formula calculation is 2958 (25/7/2020)
Source
Saturday, 7 March 2020
Tuesday, 18 June 2019
Singtel Mid Term TA
After hitting 2.83 low at the bottom line of downtrend channel (mid term chart), Singtel has been rebounding to near the upper line of the downtrend channel. 3.36 marked the 11-months high.
To break up the downtrend channel, first level to watch in short term (about a month) is 3.4. We are watching if downtrend channel will be successfully broken up. If not successful, suggest to take profit around 3.3-3.4.
To break up the downtrend channel, first level to watch in short term (about a month) is 3.4. We are watching if downtrend channel will be successfully broken up. If not successful, suggest to take profit around 3.3-3.4.
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| Mid term chart (Source: Poems Mercury live chart) TA view for illustration purpose only |
Monday, 17 June 2019
Hang Seng Index Long Term TA update
Long term (Monthly chart) trend shows in short term (about months) cannot break below 26k or else the long term uptrend will break down
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| Long term monthly chart (Source: HSI monthly chart) TA view for illustration purpose only |
Wednesday, 20 February 2019
Hang Seng Index Mid Term Update
Touching mid term resistance at 28600
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| Mid term weekly chart (Source: HSI weekly chart) TA view for illustration purpose only |
Saturday, 26 January 2019
Thursday, 25 October 2018
Hang Seng Index Long Term TA Update 181025
Update from
Hang Seng Index Long Term TA Update
As prediction
Hang Seng Index Long Term TA Update
As prediction
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| Long term monthly chart (Source: HSI monthly chart) TA view for illustration purpose only Continued from Hang Seng Index Personal View using TA As of today HSI closed at 27244. Prediction of next stronger support around 24809 to 25441
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Wednesday, 5 September 2018
Hang Seng Index Long Term TA Update
Continued from Hang Seng Index Personal View using TA
As of today HSI closed at 27244. Prediction of next stronger support around 24809 to 25441
As of today HSI closed at 27244. Prediction of next stronger support around 24809 to 25441
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| Long term monthly chart (Source: HSI monthly chart) TA view for illustration purpose only |
Thursday, 5 July 2018
Sg defensive stocks in bargain
by ckchoy
Local market has been hit hard inline with global markets weaknesses, with regional markets eg China and HK are weaker.
refer to above indices marking table:
all the indices are at/near to this year low, eg STI current 3257 vs this year low 3236. It has corrected down 10% from the top (3615 ), and about 5% down vs last year close (3403).
SSE(Shanghai Composite Index) is the worst performing index with -22% from the top (3559 ) which in technically definition, it is in bear market (index down about 20 to 25% from the previous top )
HSI is the second worst with -15% from the top (33154) vs this year low (28242).
From TA point of view, many indices are in bearish sign which means traders tend to short more than long under such condition.
From FA point of view, markets are getting cheaper and attractive, investors tend to buy more.
Suggestions
Can start accumulate good quality defensive counters, eg Singtel (3.08 and below ), ThaiBev around 0.68. SGX around 7.11. Of course, there are more counters in bargain prices......
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| table for illustration purpose only |
Local market has been hit hard inline with global markets weaknesses, with regional markets eg China and HK are weaker.
refer to above indices marking table:
all the indices are at/near to this year low, eg STI current 3257 vs this year low 3236. It has corrected down 10% from the top (3615 ), and about 5% down vs last year close (3403).
SSE(Shanghai Composite Index) is the worst performing index with -22% from the top (3559 ) which in technically definition, it is in bear market (index down about 20 to 25% from the previous top )
HSI is the second worst with -15% from the top (33154) vs this year low (28242).
From TA point of view, many indices are in bearish sign which means traders tend to short more than long under such condition.
From FA point of view, markets are getting cheaper and attractive, investors tend to buy more.
Suggestions
Can start accumulate good quality defensive counters, eg Singtel (3.08 and below ), ThaiBev around 0.68. SGX around 7.11. Of course, there are more counters in bargain prices......
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