14th August 2009
Morning Highlights As of now, we have yet to identify any focus for today. Will need to see how the market performs later in the day. Nonetheless, do refer to our Quick Picks, we have a new entry for Keppel Land and also closed two of our overnight positions. Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume. [The Quick Picks referred herein contain overnight positions from Yesterday] Bullish Stocks (Singapore) Symbol Name Entry SL TSL TP Remarks 1 CHEL Chemoil Energy Ltd 0.51 0.455 0.565 LOSS - CLOSED at 0.475 2 IFAR Indofood Agri Resources Ltd 1.64 1.50 1.78 PROFIT – CLOSED at 1.83 3 SCMN Sembcorp Marine Ltd 3.42 3.17 3.67 CANCELLED!! 4 GENS Genting 0.885 0.805 0.85 0.92 PROFIT – CLOSED at 0.895 5 STRL Straits Asia Resources 2.26 2.04 2.21 2.48 Overnight – Current Price at 2.23 Adjust SL To TSL 6 YAZG Yangzijiang Shipbuilding Holdings 1.05 0.955 1.145 CANCELLED 7 WLIL Wilmar International Ltd 8 KLAN Keppel Land Ltd 2.76 2.62 2.90 Triggered – Current Price at 2.72 Stock Prices last updated at 16:35 (Singapore Time) Afternoon Highlights There is little trading volume for today. It seems like the market is going through a consolidation period. We have cancelled all our pending orders. Do be careful when trading on your own.