Did You Trade

Good Morning Everyone,

STI failed to cross 2933 on Friday will most likely give the market a good reason to trade below 2900 today. Hang Seng Future may test 20600 this week IF the Index close below 20900 today.

 So my advice for today, stay away from the market unless you are SHORTING or SELLING your long for profit.

The Special Event on Genting SP, on 23rd of March, is HOTTING UP!  Only 40% of the seats are left!!  
Genting is a big and favourite topic thus we are expecting more people turning up for this special session, so don’t hesistate as seats are really limited. First come, First serve.

RSVP by emailing us your name and contract number, to sales@cronwell.com.sg now

Cheers! Disclaimer apply as usual.

Kelvin Han
aka Trend Master
Chief Trainer
Originator of V3Go Mentoring Program

Good Afternoon,

This morning we didn’t have any posting because I was down with a severe flu thus really took me a while to recover enough to go to the computer to take a look at the market.

2 days ago, I mentioned that the STI will re-test the 2933 resistance level, when it was trading at around 2917 level right? True enough, today DH (as of writing ) is 2932.19. So unless we see a clear cut break above it, if not, I am still not going to go too heavy on stocks as the RISK vs Reward Ratio is getting more and more uncomfortable and some shares are being played up one day, thrown down the very next few days.

The Banks are the ones propping the market higher as they have to cover some grounds as compared to the US Banks. Overall, I, personally believe that,  the banking industry should be getting an upgrade soon as we can see the credit crisis is beginning to ease, from its peak in March-May 2009.

Hang Seng Future cannot close below 21250 today. If yes, next week, this market may face some selling back down to 20600 level.  

The 2 stocks that are in my Long Radar is Genting SP and Biosensor.

On the 23rd of March, the Special Event on Genting SP is really hotting up, people are booking for the event at the request of 2-3 seats at a go. If I am not wrong, since the broadcast yesterday, we have hit the half way mark. Since Genting is such a big and favourite topic, we are going to expect more people turning up for this special session, so don’t hesistate as seats are really limited. First come, First serve.

RSVP by emailing us your name and contract number, to sales@cronwell.com.sg now

Cheers! Disclaimer apply as usual.

TGIF!! May you have a great WEEKEND.. and reminder, leave the car at home IF  you are going for a DRINK. Social Responsibility

Kelvin Han
aka Trend Master
Chief Trainer
Originator of V3Go Mentoring Program

Good Day Everyone,

V3Go Chief Trainer, Kelvin Han, have been pretty accurate with his calls on Genting, especially the big movements. Of course, nothing is 100% but being vested in this counter with his fellow graduates, he have been covering this stock, with a fair amount of research and homework on it and he believe this stock will recover to glory once again.

On the 23rd of March 2010, Kelvin will spend 60mins to cover, both fundamental and technical aspects on this stock. He will also cover the big direction of the Dow, NASDAQ, STI, Hong Kong, Shanghai market, Crude and Oil, using common TA knowledge and his V3Go methods. This is going to be very exciting and enriching for people who are vested in Genting or wish to have a 2nd opinion of the regional stock markets direction especially with the recent rally.

V3Go Graduates are encouraged to attend and do bring along your friends for this SPECIAL Event. It is always good to share such good information with your friends who trades in the markets.

To register: please kindly email us at sales@cronwell.com.sg
Seats are Limited (30pax) therefore first come, first serve.
It is a FREE Event. RSVP now!!

V3Go Team   

Good Morning Everyone,

Both Crude and Dow kept rising higher on positive sentiment BUT I doubt the Asia markets can continue its upside.

Our V3Go Indicators are displaying ‘losing strength’ signals… NIKKEI should be resisted at around 10820~10835 range while the STI should be resisted at around 2930~2934 and the Hang Seng Future resistance should be around 21600s level.

CPO stocks are also not really moving up despite the STI crossing the 2900 level and crude staying above US$82/barrel. Once there are weakness in this sector or the general market as a whole, we will re establish our short positions ( we closed some on small losses yesterday) on them. I am still looking at the Crude Oil to take below the US$80 mark again first before its march up towards US$90/barrel later this year.

WIth the entire morning pretty dead in both trading and transacted volume, I don’t really see much of concern to be sticking around the computer for today. Will be taking a little break and come back in the afternoon to see if there is anything that caught my eye. Yawn….

Cheers! Disclaimer apply as usual.

May you have a fruitful day in trading!

Kelvin Han
aka Trend Master
Chief Trainer
Originator of V3Go Mentoring Program

Good Afternoon,

Most likely, STI may have to test the 2933 resistance level first before any potential correctional movement. We will reduce a portion of our CPO related shorts and concentrate on going long on BioSensor for today.

But we DO NOT encourage too heavy buying as definitely, the top 15th active counters only traded 10mil shares, it is too little for comfort.

Nothing is 100% thus apply your own personal money management. Disclaimer apply as usual.

V3Go Team

Good Afternoon,

On the 11th of March, we shown you a CHART on the blog, to standby you…

On the 16th of March, we post the name, Bio Sensor, on the Long List

On the 17th of March, V3Go Grads is/have, entering/entered into this stock to Long and Hold with a near by stop  of 77-5~78cents.

Nothing is 100% so trade within your means. Disclaimer apply as usual

V3Go Team

Good Morning,

The Federal Reserve announced plans to hold its benchmark interest rate at historic lows near zero percent, the level at which the rate has been since December 2008. Echoing past statements, the Fed added that rates will remain “exceptionally low” for an “extended period” of time.

The Fed said economic conditions continue to improve and that the job market is stabilizing. While the Fed expects economic growth to be “moderate” in the short run, the bankers said activity could pick up in the future as inflation remains tame.

With that, the Dow closed up higher with 43points while the NASDAQ gained 15pts.

My personal take on it?

I believe that the Fed is doing the RIGHT thing to go slow on the current situation. Increasing the rate now will lead to extra stress to the economy especially when it is doing a recovery phase now. By keep the rates low and letting time to heal the wound, is like taking chinese traditional medication, which normally takes a longer time to heal but ‘repairing’ the body from the root problem. This usually send out 2 signals to the market. (1) The world economy has not recover yet which may discourage risk-adverse investors to fully invest (2) for the more adventurous and higher risk tolerance investors can use this low interest environment, to take such opportunity to invest more.

As the saying goes, no RISK no REWARD… thus it really depend how much RISK an investor would want to undertake inexchange for RETURN. In my  opinion, I still believe the Dow will hit 12,000 mark by end of Year 2011 as I am bullish in the general market as a whole especially after the so called worst financial crisis in 20years. But I am cautious in this recent run up because I think we have over stretch the run alittle too long and this could snap very soon. It like taking the stairway, Up 4steps, down 2steps strategy. To me, we are now on the 4th step, its time to take a breather for a 2steps retracement before continuing the journey.

Based on our V3Go System, the potential trading range for the STI is between 2909~2881 today. There will be a resistance around 2912-2913 level. So traders just kindly take note.

Yesterday, on the last hour, many stocks were ramped up to close at Day High and the day before yesterday, the last hour displayed an incredible sell down wave and many shares closed at Day Low. Based on trading experiences, such movement only show 2 possible reasons. The first one, a  common knowledge of Window Dressing by the Funds. The second possible reason is creating a smoke screen to lure traders into confusion mode as traders will be lost on such price action and that usually signal a potential big movement is on its way. Whether Up or Down direction, I am not sure but since the stock market been up for several days, I rather stay cautious to the wind for now.

For today, I am paying closer attention to the CPO related stocks especially with the Crude Oil market recovering above US$80/barrel. In theory, we should see some upside on the stock prices BUT if it doesn’t happen then I am going to express my concern and continue to stay SHORT on them instead. (Apology, there is an error for the price range mentioned on IndoFood yesterday. That entry has already been editied).

Disclaimer apply as usual. I will do another market update later in the day.

 Have a great trading day ahead!

Kelvin Han
aka Trend Master
Chief Trainer
Originator of V3Go Mentoring Program

START: 0833hr

Good Morning Everyone,

Dow pared of earlier losses on buying interest led by Walmart after an analyst upgrade on the stock. Financial stocks also received a boost aftr Sen. Chris Dodd unveiled his financial-reform bill. Dow ended 17pts higher while the NASDAQ gave back 5pts. S&P rose marginally, 0.5%.

Crude Oil as forecasted, slammed below the US$80/barrel overnight therefore, this should increase some of the selling pressence on CPO related stocks. That’s why we hardly mention about going long on these stocks recently.

For today, using our reliable V3Go TSC technique, the STI is expected to trade sideway but leaning towards the downside should it stay below its OP(Opening Price) & below 2884. It closed at 2874 yesterday. Do expect initial upside first since the S&P was trading at around 1145 during yesterday closing while now is trading at 1150 level.

We will be looking at the Crude closely again for today; as long as it doesn’t show any sign of upside, it will be difficult for the CPO stocks to move much. In our Graduates Skype Conference, we are still pretty much looking to SELL/SHORT the CPO stocks via CFD facility.

Stocks that we called/mentioned for SHORT since 3 trading days ago and still vested:
(1) We are looking at Wilmar to potentially trade to S$6.49~6.50. It closed at 6.64 yesterday.
(2) We are looking at IndoFood to potentially trade to S$2.16~2.18. It closed at 2.24 yesterday.
(3) We are looking at Olam to potentially trade to S$2.48~2.50. It closed at 2.53 yesterday.
(4) We are looking at Swiber to potentially trade to S$1.02~1.04. It closed at 1.07 yesterday.

We are looking to cover back our SHORTS on the above mentioned range. So traders may want to take note too.  

Stock(s) that we are looking to go LONG

(1) BioSensor
(2) Genting (For those who paid for the SPECIAL Genting Email, please check your email in 10mins)

With that, we wrapped up our morning preview and will update more as the day progress. Tonight, we will be conducting our V3Go Mentoring Program Preview at 7.30pm.
We will be sharing how we developed our V3Go System and how we integrate Market Psychology into it. If you are a believer of Technical Analysis and have been finding a ROBUST system that provide PRECISE Entry & Exit then One should attend this Preview. Interested, please contact us at sales@cronwell.com.sg to reserve your seat(s). It is a FREE Event so you can bring as many friends as you like as long as you provide us, everyone’s full name and contact number for registration purposes. All information will be kept confidential.

May you have a great trading day ahead.

Disclaimer apply as usual.  Cheers!

V3Go Team  

END: 0928hr

Good Evening,

Based on our V3Go System, there could be a good chance for a correctional move of around 18points by the S&P soon. That mathematically translate to about 150-160pts reversal of the Dow. Of course, nothing is 100% as this is just a forecast thus one still need to be careful on your trades and positioning. Please ensure stop loss are in place if you shorting.

We are closely monitoring the Crude Oil market. Should Crude goes below US$80/barrel then we are quite sure that the S&P direction is heading South soon.

Have a great evening. Disclaimer apply as usual.

V3Go Team

Good Morning,

4 trading days ago, many traders emailed us and seek our advice on CPO stocks like Indo food especially when it rallied 15cents on a SINGLE Day! To their own system, it is an OUTBREAK call and one should enter. They even shared some fundamental and media reasons for its upside. In all honesty, if the news are so fantastic then logically, one should be buying big time on it but when we cross check with our V3Go System, it actually say something DIFFERENT.

We posted this on Indofood recently:

CPO Stocks: Despite the Upside on the Crude Oil overnight, I believe these stocks may have hit a roadblock already.

>> Indofood: If breaks below S$2.30, there should be some profit taking. Potentially, will hit S$2.17 in the mid term. It closed at S$2.31 yesterday. If it stays above S$2.30, no problem on the long side but go small.

And from the chart below, you can see what happened. This is difference between the outside trading program vs our V3Go System. In matter of fact, on hindsight, the V3Go buy call was generated on the 5th of March and some of the Graduates actually made money on it while public traders were looking to short it. That’s why V3Go System seem to always lead while the crowd goes opposite direction. Thats the POWER of Reading the CHART from RIGHT to LEFT than the conventional LEFT to RIGHT.

To hear and find out more, contact us at sales@cronwell.com.sg for more details and we will showcase you 15-20 different charts for your understanding and consideration to join our Big V3Go Family.  SEE to Believe!

V3Go  Team
RSVP: sales@cronwell.com.sg