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Tuesday, June 26, 2007

(NEWS) Announcement By Oculus

Announcement out for Oculus: Entered into a framework negotiation for purchasing a power plant in a extremely power hungry country especially when Olympic is around the corner. Yes its China.

Interesting prospect ahead. This is not rocket science, do your own math. China energy related counters do fly literally. Oculus up or down? You decide.

Read on for more details

My take will be a slight gap up to $0.515. Well, I may be wrong.

Interesting counters to look out for is: Jade believed to be going into a property development deal whilst Sunbusiness or Lexicon is bought up with extreme interest. Cybervillage seems being in play too. Probably speculated to be one of the company that will benefit from IR. Let see the buying trend for these few days before rushing things. Music seems to go on for pennies.

Monday, June 25, 2007

Stormy Market; Pennies Shine

Straits Time3580.33-35.05(-0.97%)
SENSEX 14487.72+20.36(+0.14%)
UOB Sesdaq 263.07+1.72(+0.66%)
KLSE Comp 1377.13-14.44(-1.04%)
Nikkei 225 18087.48-101.15(-0.56%)
Hang Seng 21822.35-177.56(-0.81%)
Dow Jones 13360.26-185.58(-1.37%)
KOSPI 1757.73-13.25(-0.75%)
SSEC 3941.08-150.36(-3.68%)

Well, markets around the world are taking a breather now. What STI is experiencing is what I believed to be a 3 sessions consecutive falls or 3 black crows in candle stick's perspective. Tonight, chances are DJ is going to rebound significantly that will trigger a following rebound. STI would probably see a less than 40 points gain. SSEC will continue its uptrend after a few sessions of digestion.

Looking ahead, pennies defying the gravitation effect of market and some took a hefty gain. I sold 8 lots of Oculus at $0.410 in the morning but bought another 8 back after I discern an added interest fueled buy up based on the chart, which was found halted and pending announcement, which is probably tomorrow. Other pennies which I had bought are Sunbusiness or Lexicon 10 lots at $0.095 that found up two bid spots at $0.105, 10 lots of Jade around $0.210, 8 lots of Eastgate at $0.125 which ended flat and 8 lots of ASTI at $0.310 which ended the session at $0.300. Some retreat from my purchases. Still holding on to Yangzijiang, 7 lots which was bought last Friday at average of $1.99. Well, if a recovery is triggered tomorrow, this counter will probably see itself testing its high at $2.07 again. Yangzijiang however is dependable on two factors: one of which is the shipping sector and the other will probably be HSI and SSEC.

ARC Market Pulse Portfolio
Counter Qty Buying Price Current Price Cost Value
GlobalTest 3000 0.25 0.315 776 945
Acma 8000 0.13 0.16 1066.4 1280
Lantrovis 5000 0.175 0.175 901.5 875

I will decide on which of the pennies to hold from the counters which was bought today. But tomorrow's session will be a crucial deciding factor. Things are quite rosy since markets had took their share of corrections for the past few days. Today's disposal of Oculus see at $500 increase in the cash on hand to $2750 after subtracting about $50 loss from Koh Bros. The total value of cash plus investment is now $5850, which was initiated with a modest $3000 starting capital.

On funds end, the slides for these 3 days did not bother much of my funds holding. Average ROI still kept in the 23 - 25% range.

However, I see an opportunity in the money market as GBP/USD is currently at $2 level. Took a $5000, 35 pips stop loss position on USD against GBP. DJ if at all it recover, should send USD back to $1.9900 level. Looking to take profit at around $1.9950. As you known 35 pips cannot really sustain a wave string movement in Forex.

Any opinion herein is made on a general basis and is not an inducement to trade.

Friday, June 22, 2007

The Power Of Debts

Debt has always been a social stigma to be negative and a result of poor self financial management. However, most people who buys a house are actually in a situation of debt, though it may be termed as a secured home owner loan. It is often the case that you will be ridicule and sometimes despised for being in a situation of indebtedness because of investment.

Well, not everyone of us are able to have tons of money for us to actually invest to gain ultimate wealth. How many Warren Buffet are there? How many actually made it by not going into a position of excessive debts and so on? Well, discerning market trend is the key to gaining wealth. I believe if you are discerning enough to understand or have been monitoring the market trend, you would probably realised that in good times, making some money is possible. However, most people failed to understand trend and went into a state of frantic buying as well as chasing after stock equity price, which end up correcting in the next few days. You being cash-poor is unable to purchase the stock and was forced to sell in the end. In the states, other than banks, there are institutions which were offered online to provide financial assistance in an efficient way like http://www.goldstarcredit.net.

Apart from cash flow limitation, another factor that leads to losing big in stock markets is ultimately greed. This is a psychological behaviour which you find joy in profiting from the markets. True as it may be, that speculating stocks is the nearest thing you can do from printing money literally.

Of course, many people usually say that always buy an equity that you can hold. That is the most ideal scenario which many of us are unable to fulfill due to other commitment like paying of house loan, car loan or even both. That is absolutely why, site like http://www.goldstarcredit.net is be a relatively good option to consider in refinancing and reposition of your wealth and finances.

It is never easy to invest, let alone speculate. Reduce speculation by consolidating your money and go for the most potential equity and slowly you will see results. However, that is in the case of good economy perspective. During the down period, you may wished to sit on the side bench monitoring the market for equities going at a great discount. Sound fundamental companies will always rebound. But to be able to uncover gems, you need to do extensive research and some luck.

Well, loan is actually not to be seen in the negative light and should be use as a tool to fuel your success. Which is why, institutions like http://www.goldstarcredit.net are offering their assistance on-line which in a way eliminates the limitation of distance in terms of accessibility. Borrowed wisely and invest wisely should benefits you in both good or bad times. But that is provided you are equipped with the necessary knowledge and consider your risk well enough.

Thursday, June 21, 2007

Will Uptrend Continue?

Straits Time3628.67-0.88(-0.02%)
SENSEX 14411.95+116.45(+0.81%)
UOB Sesdaq 255.74+2.18(+0.86%)
KLSE Comp 1386.27+9.48(+0.69%)
Nikkei 225 18211.68+48.07(+0.26%)
Hang Seng 21684.67+101.78(+0.47%)
Dow Jones 13638.35+2.93(+0.02%)
KOSPI 1783.79-24.06(-1.33%)
SSEC 4181.32-88.20(-2.07%)

The answer to the subject is a definite yes. Because global market are taking strides towards new heights and to uncharted region. Well, its sad to see some analysts unable to back their forecast that the market is moving towards the end of it's uptrend wave. STI did well although closed slightly in red. Uptrend intact but movement limited, no rally of more than 50 to 100 points for these few days unless a correction of around 30 points took place. Market has to digest these gains.

Pennies in the scope, Oculus seems to have revived its interest. Too bad sold early this morning at $0.310 for all 8 lots. Sold 8 lots Couragemarine at $0.345 and 5 lots of Yangzijiang at $2.04 before ending at $2.03. Recycling play for Yangzijiang as any price below $2.00 presents a unique buying opportunity. This stock is vested by big buyers like fund institutions. Take a closer look now. For the past week of contra play, a capital increased by $2300. On hand is 8 lots of Jade bought at $0.190 on recycling play and 8 lots of Koh Bros at $0.56 which I was caught off side at $0.54 when the market closed. No indication of any aroused interest on news, but just a price chasing impulse buying act of mine during the sudden run up yesterday. Added 5 lots of Lantrovision into permanent holding as the future of this stocks is potentially high and rewarding.

ARC Market Pulse Portfolio
Counter Qty Buying Price Current Price Cost Value
GlobalTest 3000 0.25 0.305 776 915
Acma 8000 0.13 0.15 1066.4 1200
Lantrovis 5000 0.175 0.175 901.5 875

GlobalTest did extremely well whilst Acma managed to make a decent paper profit. Keep energy play out as oil is expected to fall continuously. However, I will be looking out for oil price rebound after the fall to $61 to $63 region to pick up Swiber, Swissco, StraitsResource and Federal to ride on a energy trend. For now, just monitor. ARC Market Pulse Portfolio has a valuation of $2990.00. Cash on hand currently is $2300.00 which totalled to $5290.00 in both cash and equity from a modest $3000 start up investment. Who says you can't start small.

In my long term portfolio perspective: Sembcorp touched $6.00 but ended at $5.90. This stocks will be extremely rewarded in the coming Capricorn effect. Comfortdelgro rebounded to $2.26 amidst fallen crude price.

Added $4000 more into Aberdeen European Fund which I strongly believed will move to the next phase of continuous rally in the coming months. The rest of the funds like Thailand, Korea, Div Advantage has increase in ROI to almost 28% in total.

Any opinion herein is made on a general basis and is not an inducement to trade.

Friday, June 15, 2007

Florishing On

Straits Time3573.43+22.21(+0.63%)
SENSEX 14209.82+206.79(+1.48%)
UOB Sesdaq 245.46+0.61(+0.25%)
KLSE Comp 1357.18+4.15(+0.31%)
Nikkei 225 17842.29+109.52(+0.62%)
Hang Seng 20867.26+288.51(+1.40%)
Dow Jones 13558.68+76.33(+0.57%)
KOSPI 1769.18+47.19(+2.74%)
SSEC 4115.21-61.27(-1.47%)

DJ is currently going on strong to yet another rally. STI together with other markets will continue to witness postive performance. Rest assure that the rise in the Index tomorrow can be overwhelmingly unexpected, as most are expecting a correction. Sensex will perform more strongly than other Indexes as it has been sheding despite Asia's flourish. Its India's turn now.

Bought Yangzijiang today with 5 lots at $1.98 which ended at $1.97 today. Also snapped up CourageMarine at $0.330. This move is in bid for tomorrow's shipping rally. Currently holding on to Jade and Occulus at 8 lots each. These two should see further upside at least till next week. Do be wary of energy play as it may slided somewhat tomorrow after a strong uptrend.

Any opinion herein is made on a general basis and is not an inducement to trade.

Monday, June 11, 2007

Market Up, And Still Going UP

Straits Time3545.46+53.87(+1.54%)
SENSEX 14083.41+19.60(+0.14%)
UOB Sesdaq 237.78+3.78(+1.62%)
KLSE Comp 1357.66+5.27(+0.39%)
Nikkei 225 17834.48+55.39(+0.31%)
Hang Seng 20615.49+106.34(+0.52%)
Dow Jones 13424.39+157.66(+1.19%)
KOSPI 1716.56-10.72(-0.62%)
SSEC 3995.68+82.54(+2.11%)

As expected, the rally was well deserved. Looking ahead according to the index above, Kospi took a healthy correction amidst up trending movement by its asia's counterparts. DJ after experiencing 3 black crow formation may go reversed and form a 3 white soldier technical formation in candle stick charting. Looking ahead, tomorrow most probably another white candle stick gaping up.

Amongst the top actives, Lottvis' interest was overwhelmingly felt as target price was shifted up for this counter. Look out as tomorrow, it is most likely to gap at about $0.65. Jade, CSC, BBR and Yongnam continue to be in play in the actives. The IR is not inviting any company for the tender but things are looking pretty much the CSC and Yongnam way. Yangzijiang may correct a little tomorrow before clearing $2 resistance later this week.

Bought 8 lots of CSC today at average price of $0.37 and 8 lots of lottvis at $0.335. Sold all 6 lots of StraitsAsia at $1.40 with a approximately $300 profit. Disposed Oculus at $0.22 as it seems to have actually thrown into a selling position which closed at $0.205. Tomorrow may see Oculus to $0.185 level if there is no interest generated again. However, still holding on to 11 lots of Jade at $0.130.

ARC Market Pulse Portfolio
Counter Qty Buying Price Current Price Cost Value
GlobalTest 3000 0.25 0.265 776 795
Acma 8000 0.13 0.135 1066.4 1080

The capital value of initial investment of $3000 has the above paid up holdings with totalled to $1875.00. Cash amount is currently at $1947.20, a near $1,ooo capital increase less than 2 weeks. That is profit making for you.

I am extremely tempted to sell all my funds because the average ROI is touching 25%. I believe I need to hold on as the uptrend is constantly renewing itself and forming new support. SSEC and HSI as well as holding on well thanks to the Chinese government's attempt to cool their market. Sell signal may not even occur maybe until late September before the onwards accumulation ahead of the Capricorn effect.

Any opinion herein is made on a general basis and is not an inducement to trade.

Saturday, June 9, 2007

(EXTRACT) SOURCE - REUTERS

Wall St Week Ahead: Stocks still have room to extend rally

By Herbert Lash

NEW YORK, June 8 (Reuters) - U.S. stocks could move higher next week after a bond market rout led investors to wonder if the threat of inflation was on the horizon or if the economy was actually stronger than expected, and good for stocks.

Major stock market gauges recovered on Friday after a bond sell-off pushed the benchmark 10-year U.S. Treasury note's yield up to 5.25 percent -- matching the fed funds rate target at one point -- from levels below 5 percent a week ago. That jump in government bond yields rattled investors who, skittish about a bull market that has lasted longer than most, worry that rising capital costs will cut corporate profits.

Around midday on Friday, stocks began rallying as the 10-year note's yield retreated to around 5.11 percent.

Friday's recovery after a three-day slide is a good indication of where the market is headed as investors realized they overreacted to a spike in market interest rates, said David Joy, market strategist at RiverSource Investments.

"Interest rates are where they should be, and we haven't had any inflation. This a little adjustment to a new level of rates, a level that the stock market doesn't have a problem with," Joy said.

The blue-chip Dow Jones industrial average climbed 157.66 points, or 1.19 percent, to end Friday's session at 13,424.39. The broad Standard & Poor's 500 index gained 16.95 points, or 1.14 percent, to finish at 1,507.67. The Nasdaq Composite Index advanced 32.16 points, or 1.27 percent, to close at 2,573.54.

Falling oil prices on Friday also helped the major U.S. stock indexes rebound. U.S. crude oil for July slid $2.17 to settle at $64.76 a barrel on the New York Mercantile Exchange. For the week, NYMEX July crude fell 32 cents.

For the week, though, the effects of the pullback were visible, with the Dow average ending down 1.78 percent, the S&P 500 falling 1.87 percent and the Nasdaq losing 1.54 percent.

For the year so far, however, the Dow is still up 7.71 percent, while the S&P 500 is up 6.30 percent and the Nasdaq is up 6.55 percent.

With memories of the dot-com bust still fresh, many investors are cautious and trying to identify an inflection point, Joy said. But stronger growth, absent inflationary pressures, is good for stocks, he said.

"The bond market has realized rates should be a little higher, given how strong the economy is," he said.

Investors will look for any change in language about interest rates when the Federal Reserve releases its Beige Book summary of regional economic conditions on Wednesday. Joy said he didn't expect to see the Fed change its interest-rate stance. Since last June, the Fed has held its fed funds rate for overnight bank loans steady at 5.25 percent.

CPI ON THE BRAIN

The headline to watch for next week is inflation data that comes out on Friday, and possible inflationary signs in an industrial output and capacity utilization report later that day, Joy said.

Investors will be a little bit wary of Friday's inflation data, leading to a drop in trading the day before, he said. But inflationary pressures are unlikely to appear for another six months or more, he said.

A Labor Department report is expected to show that the overall U.S. Consumer Price Index rose 0.6 percent in May from 0.4 percent a month earlier. Stripping out food and energy, the core CPI likely rose 0.2 percent in May, the same as in April, according to economists polled by Reuters.

U.S. industrial production probably increased in May, up 0.2 percent after April's rise of 0.7 percent, according to the Reuters poll. Capacity utilization at factories likely stayed the same at 81.6 percent in May.

Friday's CPI data will be preceded on Thursday by a look at prices at the wholesale level. The forecast for the overall U.S. Producer Price Index calls for a gain of 0.6 percent in May, following an increase of 0.4 percent in April, according to the Reuters poll. Core PPI, excluding volatile food and energy prices, probably rose 0.2 percent in May, in comparison with no change in April.

Among other data expected on Friday will be a preliminary reading on U.S. consumer sentiment in June from the Reuters/University of Michigan Surveys of Consumers. The June consumer sentiment index is forecast at 88.0, down from 88.3 in May.

Manufacturing activity in New York state, as seen by the New York Fed's "Empire State" general business conditions index, likely rose to 10.8 in June from 8.03 in May.

WHAT THE BANKERS SEE

Investors will get a taste of second-quarter earnings next week when chip maker Texas Instruments provides a mid-quarter financial update on Monday, and three of Wall Street's largest investment banks release fiscal quarter results.

Lehman Brothers reports on Tuesday, while Bear Stearns and Goldman Sachs report on Thursday. All three investment banks will release their quarterly scorecards before the opening bell on those respective days.

"People will look to the brokerage comments about the markets in general and their outlook for their own companies," said Mark Bronzo, managing director at Gartmore Separate Accounts in Irvington, New York.

(Wall St Week Ahead runs weekly. Questions or comments on this column can be e-mailed to: herbert.lash(at)reuters.com)

Friday, June 8, 2007

Sea Of Red Turning Green Ahead

Straits Time3491.59-54.74(-1.54%)
SENSEX 14063.81-122.37(-0.86%)
UOB Sesdaq 234.00+4.04(+1.76%)
KLSE Comp 1352.39-12.02(-0.88%)
Nikkei 225 17779.09-274.29(-1.52%)
Hang Seng 20509.15-291.01(-1.40%)
Dow Jones 13274.13+7.40(+0.06%)
KOSPI 1727.28-25.76(-1.47%)
SSEC 3913.14+22.33(+0.57%)

STI has been sheding for the past 3 days or so, and it seems that some broking house is calling for the final wave of uptrend or bull market. Personally, I believe the global sentiment is still positive, despite some choppy water caused by some Indices' influence. Considering DJ's past three day of downtrend, everything seems bleak. However, it is actually great Singapore Sale. Well, bargain is everywhere now. Speculative counter unaffected by today's fall as Oculus, Jade, Ban Joo stride on a interesting note.

DJ will almost definitely recover tonight after a few days of falls. STI, Sensex and KLSE will definitely follow suit. Counter to look at will be Jade, as the spike in interest is not known yet. Currently, we already seen some significant Ban Joo and Oculus had on the market. Ban Joo will be likely to move not more than 2 cents whilst Oculus could gapped up further. Although, its news is not much of an impact with regards to the warrant sales but after today's movement, it is believed that there are still accumulation going on.

ARC Market Pulse Portfolio
Really regretted on the sale of Ban Joo at $0.145. Moving on, bought 8 lots Oculus yesterday at $0.165. Also bought 8 lots of Straitsasia at average of $1.35. Although currently closed at $1.33, I am rather certain that Monday's recovery will benefit energy and resource stocks. Also bought 11 lots of Jade at $0.13. Closed GKE Int's contra position at $0.525 at $177 loss.

Counter Qty Buying Price Current Price Cost Value
GlobalTest 3000 0.25 0.245 776 735
Acma 8000 0.13 0.125 1066.4 1000
Occulus 8000 0.165 0.215 1347.2 1720

May consider to hold Oculus but that will depend on how high it will gap on Monday. As for Jade and Straitsasia should be on a speculative basis. Funds left with $50 after deducting the contra loss for GKE Int and the purchase for Oculus with a total stocks value of $3455.00 from the initial $3000 investment for this portfolio.

Long term, Sembcorp and Comfortdelgro gone down together with gravity for the past days. Still looking rigid and positive.

At fund's end, all my holdings including Malaysia, Sg/Malaysia, China, Korea, Thailand and Div Advantage are doing very well and total average of 20% ROI now. Except for India and Indonesia which are slightly in the red. Further downside present an opportunity to average up as emerging gems should break out latest at the end of the year.

Any opinion herein is made on a general basis and is not an inducement to trade.

Wednesday, June 6, 2007

(EXTRACT) SOURCE - REUTERS

World's top central bankers warn of risks ahead

By Gordon Bell and Marius Bosch

CAPE TOWN, June 5 (Reuters) - Investors should prepare for the risk of a serious shock in case current favourable conditions in the world economy go into reverse, top central bankers said on Tuesday.

In a joint panel discussion, central banks chiefs for the world's three largest economies, the United States, the euro zone and Japan, said investors should guard against complacency.

"It's not necessarily the case that the current benign conditions will continue forever," U.S. Federal Reserve Chairman Ben Bernanke told the International Monetary Conference here, via satellite link.

European Central Bank President Jean-Claude Trichet endorsed that view, saying: "We have to continue to be very vigilant."

"Complacency would be the worst possible advice for all of us, for central bankers and private institutions," he added.

The warnings came as global stocks stalled after hitting a record peak for a fourth day, as wild trade in Chinese shares sounded a note of caution.

Central bankers are concerned that high levels of liquidity in markets and a quest for higher returns are causing riskier behaviour that could unleash a chain reaction on global markets.

Trichet, Bernanke and Bank of Japan Governor Toshihiko Fukui -- who together oversee almost 60 percent of the global economy -- pointed to global trade imbalances, oil prices, a rise in protectionism and low pricing of risks on credit markets as potential risks to the current run of solid global growth.

An economic or political shock could push up the current low price of risk "and we might see some responses in the financial markets that are more serious than the ones we've seen in the last couple of years," Bernanke said.

Japan's Fukui said a shock could be sparked by something like a shift in market perceptions of inflation, which all three central banks are trying to control with tighter interest rates.

"If the benign picture changes for some reason ... (it could) affect global capital flows and market price formation, thereby undermining the foundation of the global economy," Fukui said.

"TRIANGLE OF VULNERABILITY"

Trichet said the low risk pricing was not necessarily sustainable in the longer term, and the triggers for any potential adjustment could not be accurately foreseen.

Low risk premia, along with the explosion of unregulated hedge funds and private equity firms combined with their widespread use of complex new credit derivative instruments. had created a "a triangle of vulnerability" for debt markets.

"A shock at any corner of this triangle could have implications for the other two," Trichet said.

"For instance, a significant turn in the credit cycle could mean that credit protection-sellers, such as hedge funds, could become unable to make due payments to banks."

"Similarly if widespread problems were to emerge at hedge funds or private equity firms, which are active in the CRT (credit risk transfer) markets, this could even spark a downturn in the credit cycle," he said.

Trichet urged private firms to cooperate with governments and public officials to oversee these risks in order to manage any market adjustment smoothly.

A voluntary set of principles could be a suitable way to better assess the risks from hedge funds, he said, backing the recommendations of a Financial Stability Forum report prepared for this week's Group of Eight leaders' summit.

Bernanke said the Fed still saw market discipline as the best approach to overseeing hedge funds. They, like the new financial instruments, had helped make global systems more resilient as well as creating new risks, he said.

Fukui said financial institutions should strengthen their risk management in dealing withe hedge funds.

Monday, June 4, 2007

Buying Triggered By SSEC's Weakness

Straits Time3579.35+31.03(+0.87%)
SENSEX 14495.77-74.98(-0.51%)
UOB Sesdaq 218.71+4.82(+2.25%)
KLSE Comp 1360.27+0.20(+0.01%)
Nikkei 225 17973.42+14.54(+0.08%)
Hang Seng 20729.59+126.72(+0.62%)
Dow Jones 13668.11+40.47(+0.30%)
KOSPI 1737.59+21.35(+1.24%)
SSEC 3670.40-330.34(-8.26%)

What a day. SSEC sheded as the rest of the market marched on with joy and cheers. Well, cooling down seems successful but I can presume that SSEC is going to recover tomorrow. STI as well as regional markets are going to rally on a consecutive note. Why is that so, you ask? Because stocks are changing hands after hands. Buying mood had been triggered and everyone is in the mood along side with the dragon's cooling down. Sell in May has gone, June and July going to be hot as its summer. US less likely to rely on crude as it continue to stabilise.

Korea's market upside is momentarily in sight. Take up position while you can as asia is going to take off on a collective note. SSEC is going to recover as the market has throw everything they have on the table for bargain hunters in the west to picked up. Chinese government seems over cooling it while being unaware that it would amounted to an 8% sizzle. Time to rethink and start that engine again.

According to Joseph's cycle, good year since 2004 as the first of seven good years implicate that we have about 4 good years to go. Well, thats a statistically and some say coincidental fact. Well, thats for you to decide.

Let go Yangzijiang today at $1.81 as it begins to correct. Further upside possible but a slight decline on Wednesday could happened as the market have not corrected after a strong performance since last Friday. Still holding on to GKE Int at $0.54. Not intending to purchase it.
ARC Market Pulse Portfolio
Counter Qty Buying Price Current Price Cost Value
GlobalTest 3000 0.25 0.245 776 735
Acma 8000 0.13 0.125 1066.4 1000

Current cash balance is $1600 including the profit from Yangzijiang. A capital increase of approximately of $335 to this small little capital portfolio.

Any opinion herein is made on a general basis and is not an inducement to trade.

Friday, June 1, 2007

Positive STI, While SSEC And HSI Continue To Cool

Straits Time3548.32+37.19(+1.06%)
SENSEX 14570.75+26.29(+0.18%)
UOB Sesdaq 213.89-0.74(-0.34%)
KLSE Comp 1360.07+13.18(+0.98%)
Nikkei 225 17958.88+83.13(+0.47%)
Hang Seng 20602.87-31.60(-0.15%)
Dow Jones 13666.65+39.01(+0.29%)
KOSPI 1716.24+15.33(+0.90%)
SSEC 4000.74-108.91(-2.65%)

Market broke away from Greater China's co-relation and spurred on positively. June has come and May has gone. What a way to start the month when STI sets another record in the morning. Looking ahead, China is taking measures to cool its heat and its working as corrections resulted. Next trading day, Monday will definitely be a positive day as reports and news set in.

ARC Market Portfolio

Counter Qty Buying Price Current Price Cost Value
GlobalTest 3000 0.25 0.24 776 720
Ban Joo 5000 0.095 0.145 501.5 725
Acma 8000 0.13 0.125 1066.4 1000

I took profit from Ban Joo today just before the halt at $0.145. Approximately $228.50 added to this portfolio. I bought 8 lots of GKE Int today at $0.540 and 6 lots of Yangzijiang at $1.780 which I thought to snap up these counters before the Monday and Tuesday consecutive rally that is to come. China which fallen in fear of bubble will recover and the uptrend will pull markets along and start to go on a buying mood.

Long term stocks: Sembcorp corrected to $5.350 after Wednesday's sudden rally while Comfortdelgro enjoy the stabilised fuel price to recovered at $2.260.

Funds perspective: China Fund has gone down somewhat and it could be the time to buy. To be on the safe side, to buy diversified indices fund or buy on a small initial amount in case of fall as you are able to dollar cost average. Still attractive at Korea, Indonesia, India and Thailand. Emerging states like Thailand is going through some political issues, but its market is recovering at a good rate, if the political situation stabilised further, its going reward you.

Any opinion herein is made on a general basis and is not an inducement to trade.