Monday Market Update
-A wild reversal in the market last week with a few stocks exhibiting strength under the market headwind
-Longs should be focused on these stocks that are holding up well
-These selections should consist of stocks that have trended well and are leaders in their...
Friday Market Update
Global Macro
"The risk premium in risk assets, especially equities, has been reset higher almost overnight. The bond market has already started to price this in throughout 2014, especially in the high yield segment, with equities lagging behind in recognizing this as is the...
Wednesday Market Update
Excerpt from out latest macro report
"Having ended QE purchases and revising the Fed statement to a hawkish one, the Fed has re-main largely quiet since then, likely waiting to observe the reaction across financial markets. So far, the markets have bought into the...
Monday Market Update
Excerpt from out latest macro report
"In our previous report, we expressed our bearish view across US stocks, especially in the Russell 2000 index which is now in “plunge mode” and shifted to a cash position a fortnight ago. The outlook for US equities has worsened...
Thursday Market Update
Stocks opened mostly flat, with minor weakness in the early hours of yesterday's trading session, only to be followed by a strong move in the later hours of the afternoon. Market leaders mostly posting gains yesterday, with FB still looking the strongest. A snap back in...
Monday Market Update
-Leading averages trading in extended territory and selling down on Monday after making new highs last week
-Gains in the market few and far between. Moving into cash and being selective over the next few weeks could prove favorable for the swing/momentum trader
-Moving...
Thursday Market Update
-Large caps leading the rebound from Tuesday to Thursday after a dreadful trading session on Monday.
-Leading US Market indices trading back towards October highs while the Russell lags badly behind.
-New momentum entries that have missed the run-up in high beta movers...
Wednesday Market Update
US Federal Reserve – FOMC at the next juncture
As pointed out previously, there continues to be an insistence by most market observers in over-hyping the potential for sooner than expected rate hikes by the Fed before the mid-2015 timeline as suggested by some Fed...
Tuesday Market Update
Reducing our overall exposure to 20% as high betas took a hit yesterday.
Out from positions BIDU and YY and let the rest continue to play out with stop losses as mentioned in our last report.
Despite yesterday's weakness in the market and in leading stocks, our...
Trading Advisory List - Tuesday's Newsletter
Equities - BIDU, BIIB, CELG, FB, GOOGL, NFLX, PCYC, SPLK, TSLA, YY
Currency and Metals - AUD/USD
Out of our AUD/USD trade at 0.92
Hans Ong
Analyst, Portfolioascent.com
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Global Vantage Report
US Federal Reserve – FOMC at the next juncture
The headline news event over the past week for the Fed has been the Jackson Hole meeting, which has traditionally been used by global central bankers to make policy-changing announcements. With most market observers...
Global Vantage Report
Euro zone economic update
Economic data out of Europe has been nothing short of weak with Germany, the leading economy, now facing economic contraction as a result of the slowing recovery. While European services PMI data continues to hold up, manufacturing PMI is moving...