The Trading Floor - September 2017

Discussion in 'The Trading Floor' started by Amator, Aug 31, 2017.


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  1. nottibird

    nottibird Moderator

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    That depends on whether your direction is in tune with the market.
    Just know that September is historically a bad month for stocks.
    Bad means bad for longists. So if you are a shortist and your stockpick and timing are both correct, you will HUAT.
    Just dont SHORT SGX. She is paying 13 cts dividends...XD on 27 Sep.
    Which means 17 days for you to cover if you SHORT today and dont want to pay the dividends.
     
  2. nottibird

    nottibird Moderator

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    7-early 8-early only US Futures so spooky leow.
    Dont go chasing prices at the high.


    upload_2017-9-4_8-37-49.png
     
  3. nottibird

    nottibird Moderator

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    This was Friday's closing...

    upload_2017-9-4_8-34-46.png

    You can see from her intraday chart that traders were standing near the door.


    [​IMG]
     
  4. ahwee

    ahwee Well-Known Member

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    Morning snipers! Hope Sept be a good month to huat everyone!
     
  5. nottibird

    nottibird Moderator

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    SingTel...

    She will report results in early-November.
    Based on last two years, dividend should be around 6.8 cts. XD in mid-Dec.
    So Dividend Play will start towards mid to end of November.
    Meantime, between September to November, there is no catalyst for her to rise.
    Hence, I expect her to stay within a consolidation zone.
    However, if there is a deep pullback or retracement at Wall Street and our market follows,
    SingTel will likely revisit her previous bottoms which as shown in the chart were at between 3.40 to 3.60.
    She closed at 3.70 on Friday. Her current consolidation area is 3.70 to 3.78. Be mindful that if you LONG
    now, you need to endure interest charges from Sep to mid-Dec. That's 3.5 mths.
    How high will she rise in Dec for her Dividend Play? I will put it conservatively at 3.85 to 3.95.
    So do your maths. If you BUY & HOLD at 3.60 and ride till 3.85, that's 25 cts x 100 lots = $25k before com and interest.
    If 3.50... 35 cts upside.
    If 3.40... 45 cts upside and so on.
    Do your maths and plan your trade to catch this one.
    Set aside enough troops to fight this battle.

    Bro Plutus...

    300 lots at 3.60...ride till 3.85 will give you 75K before com and interest.
    But should plan also for what if she falls to 3.50 or even 3.40.
    Do your maths and serve SAF 100A notices on your reservists to get ready for Exercise SingTel.
    This one is for everyone here to HUAT arrr.
    I give you all advance notice so that you all can set aside troops and plan for this battle.
    Let's all HUAT together once again.


    a1.jpg
     
  6. nottibird

    nottibird Moderator

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    upload_2017-9-1_12-14-36.png


    Ya ....... aa1a4.gif

    Stay home and trade full time like me. aa1a (16).gif

    No unappreciative boss to put up with.
    No unreasonable clients to service and endure their ungratefulness.
    No office politics to play and no scheming colleagues to deal with.
    Just me and my chickens.
    And Mr Market who stands between me and that lorry-load of eggs.
    Mr Market is a tough master but he is not unreasonable.
    He guards his treasury well.
    But at times, he leaves the vault door open for you to take something from him.
    To those who are willing to put in the time and the effort to study how he works,
    Mr Market rewards them well.
     
  7. nottibird

    nottibird Moderator

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    This one is Thu's closing...no count one.
    Tonite one... Friday's closing... then got count.


    upload_2017-9-1_10-50-0.png
     
  8. nottibird

    nottibird Moderator

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    NABEH ...... Jee Siaw Siaw... I was hoping for Suntec to be quickly added in as an index stock so that she can enjoy 10% margin
    instead of 20%. It is IG's policy that to enjoy 10% margin for the 1st tier, a stock must be an index stock. But being an index stock
    does not automatically mean that stock will enjoy 10% margin for its 1st tier. SIA Engineering was an index stock. But her 1st tier
    margin is 20%. I hope when Suntec becomes an index stock, IG will upgrade her 1st tier to 10%. Otherwise makes no difference
    whether she is index stock or not.
     
  9. koaladreaming

    koaladreaming Well-Known Member

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    yalor was surprised. so high vol meh that merits them to be included back. kelong :confused:
     
  10. Amator

    Amator Well-Known Member

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  11. Amator

    Amator Well-Known Member

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    kns ... the sardine family left and then come back to kelong the index again ..........

    :mad::mad::mad:


    upload_2017-8-31_20-40-9.png
     
  12. Amator

    Amator Well-Known Member

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    New thread for September 2017 ....................

    golden-eggs-cash-in-basket 9.jpg
     
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