SIA Will Fly in July?

SIA - SGX

In June stocks has taken some battering. Now that July has come and stocks are known to make the uptrend in July. Is SIA one of them? After failing to rise up in April 2011, the commercials seems to be approaching the net long position. We shall wait for a few more days for the confirmation of that net long position.


Comments

Post a Comment

Popular posts from this blog

Commitments of Traders Report (COT Proxy) - Larry Williams

For those of you not familiar with the Commitments of Traders Report, COT Proxy, you might want to check out this website Larry Williams Picture Perfect Trading for a brief introduction. I attended one of his Picture Perfect courses a few years ago and this was one of the things he touched on. The COT report is released by the US Commodity Futures Trading Commission where they show the open positions of traders for futures contracts. For stocks and other instruments there is no such COT report released so what the proxy has done is to simulate/gauge the open positions of these traders.
Read more

Petrochina - HKSE

Image
Petrochina - HKSE Petrochina have a sell signal on Aug 2, 2011. The commercials are net short since then. Missed that signal and only closed the position today at a lost. It is hard to keep track of all the holdings manually. My method is to scan the charts individually to see the signal. Anyone familiar with Ninjatrader and can program an automated stock scanner?
Read more