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Earlybird s talk - Sgx stock
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earlybird14
Supreme |
09-Mar-2017 07:52
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He want to boost GDP to more than 2%. In his dream, only democrat president know how to boost economic. Republican only know how to destroy.
Why simple. Republican and democrat tradition. States support the parties and companies support the parties. First trump has destroyed is military expenses, same this is republican support industry. Obama cut cut cut and boost economic some where. Very obvious trump is not different with bush. He is under pressure of republican and his teams and hands behind.
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TechnicalTrader
Master |
09-Mar-2017 07:46
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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On oil inventories rise: Crude oil inventories rose by 8.209 mi barrels. Casoline inventories decreased by 6.555mi barrels. Distillate stockpiles fell by 2.676 mi barrel. On Tuesday, Saudi minister of energy just warned that it would not be good for the market if the US increases oil production too strongly in the next two years. Crude Oil price tumbled 5% to $50+&hellip So what is next? |
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earlybird14
Supreme |
09-Mar-2017 07:45
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March hit peak, down for first correction, price settle down at week support, go up in April or May, cannot break March high.
Sell in May and go away. April or May. Catalyst very obvious U.S. budget, a disappointing budget which cannot meet trump bbss for his election promise
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earlybird14
Supreme |
09-Mar-2017 07:42
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budget out in May.
1 advise only. Sell in May and go away. Even now, can see profit taking and uptrend strength gone. This is why I said we will see peak soon. Last bounce? Waiting.
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ifallgoeswell
Senior |
09-Mar-2017 07:26
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Doubt so.. but let's see. The longer it stays at this level or lower, we might see a bigger oil spike in future due to lack of investment.
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TechnicalTrader
Master |
09-Mar-2017 07:25
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Some Hints on Donald Trump' s first budget:1.          Big hike for defence spending &ndash typical republican, not surprising 2.        Reductions in non-defence spending -- Cut expense of foreign aid, environmental programmes and domestic agencies by the same amount 3.        The state department&rsquo s budget could be cut by as much as 30% of $50bn 4.        Deconstruction of the administrative state which will cut middle-class programmes to make way for huge tax cut for the wealthy. 5.        Make the government lean and accountable to the people by doing much more with the money we spend. 6.        There is benefit of Republicans controlling both the House and Senate. 7.        The &ldquo America first&rdquo Budget will be ready by May 8.      The Congress has the final say on his budget. It is likely to face fierce resistance from Democrats and some Republicans. Senate Democrats could use a filibuster to try to force a government shutdown. 9.        Massive infrastructure programme will not be part of the current budget discussion. It would be a part of a longer-term discussion in the Congress. My reply to you had been short. I give you more details now&hellip and my opinion is still the same. a. I do not think Trump need to spend more. b. We will see the budget finally be approved after some debate.   Democrats may prolong the discussion to sabotage a bit but total prolong shutdown will not happen.
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risktaker
Supreme |
09-Mar-2017 07:16
Yells: "Posts are opinions. Do not take it as investment advise " |
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Oil going 30s
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earlybird14
Supreme |
09-Mar-2017 07:15
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https://www.eia.gov/petroleum/supply/weekly/pdf/highlights.pdf
Oil import raised 561,000 barrels per day till 8.2mio per day as compared 7.9 mio per day 4 week average. So March shown increase from import. OPEC good jobs. You will send yourselves to hell again. earlybird14 ( Date: 09-Mar-2017 07:08) Posted: Shared this few weeks ago. March critical month. Forecast 1.1mio. Data 8.2mio mean opec cheating, they didn't cut or cut below promise. earlybird14 ( Date: 22-Feb-2017 10:05) Posted: http://seekingalpha.com/article/4047490-data-download-u-s-primary-oil-inventories-making-new-record-highs-every-week "Primary oil stocks increase 14 million barrels to yet another record. Crude stocks increased 9.5 million barrels. OPEC imports fall nearly 1 million barrels a day from prior week. Total petroleum stocks are 50 million barrels over last year. What I am looking for here in this chart is a drop to about 2.6M bbls a day starting in 3 weeks, when Saudi Arabian crude oil produced in January could theoretically start hitting US shores. Obviously, the week-to-week will vary some but if we get to the end of March and OPEC imports are still averaging >3.4M bbls a day, I think we can safely call OPEC's bluff" For reference about oil inventory, oil price and opec production reduction. March become a critical month to decide if oil price uptrend continue or no
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earlybird14
Supreme |
09-Mar-2017 06:16
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Increase 8.2M oil crash till 50.
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earlybird14
Supreme |
09-Mar-2017 00:08
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😁 😁 😁 you still don't get what I mean.
Obama has 100dollars, trump may have 101 dollars. 10 out of 100 Obama assigned to military. Trump use 11 for military. Obama assigned 90 for other things which include normal expenses, Obama care, green promotion like subsidy solar electric car wind farm and etc. Trump has 90 dollar on hand now. If he follow Obama policy, 90 will be used out. But he has promised infrastructure budget increase, built Great Wall, this and that all need money. His election campaigns who support him, expect him to save coal miners, shake oil and gas and build pipelines for oil and gas and etc. So how? He has more thing to commit. So he has to cut previous budget which is done by Obama right? So which one he want to cut? Every cut will create problems like he cut Obama care and green policy, he will cut a lot jobs. So how he got 90 dollars. Market watching how he use it. He fulfil his promise at the same time he has to cut previous Obama policy. He want 1 more dollar, he has to increase debt ceiling which us debt ceiling is very high, almost no possible to increase. So a drama how he fulfil his promise at the same time not making other not happy. This is not whether house senate approve or not approve. It is about how to use 90 dollars. He use 90 dollars, nobody will stop him passing it through. Democrat are watching him and be prepared to bring him problem if he ask for 1 dollars more. Although house and senate controlled by republican but every state has own core benefit, the state mayor will protect his own interest and may give trump problem. U.S. Is not like Singapore. Mr Lee say 1, nobody will say 2 in pap. In us, you can say 2,3,4 even from same republican since you selected to be mayor of States, you have to entertain your own people in the state.
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TechnicalTrader
Master |
08-Mar-2017 23:49
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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I think I know what you mean about the gov " black out" ...  Now different, Economy is blooming and getting stronger... infrastructure construction can be done by stages.  Besides that, now republicans dominate the state governement and also I don' t see why the budget will not be approved. All you may need is a few rounds of discussion. It doesn' t make sense to let the gov black out for real... What will be the consequences?
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earlybird14
Supreme |
08-Mar-2017 23:36
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Once his policy and butget fully come out. Market will know he blow cow or not. If he don't, fulfill all, then he has to cut all Obama expenses. Then he will make some angry.
Like you say before election he wanted to cut Obama care policy, after elected, he said he would keep some. So he know not so easy to remove Obama care and Obama care has pro and con. Then he remove budget from green. Electric car problem, tesla problem. Solar problem, solar city problem. Obama said he created a lot of jobs by promoting green more than those lose in coal mining. So if trump cut green budget. Those will jobless. So against his slogan create more jobs for American. That's why I say he is too idealistic. Hillary is one of the team member under Obama so her promises were more realistic and achievable. Trump is nobody from politic, he got no ideal about politic, budget military everything. He only know how to construct building. So he said infrastructure in fact he don't know a lot of thing but promise a lot of things to make everybody happy. So this is problem when honeymoon end. We see the drama. Ok.
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TechnicalTrader
Master |
08-Mar-2017 23:30
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Current bank/finance indexes performance in US to make you happier. But they are changing very fast one.. tomorrow morning may be different already.. BKX KBW Bank Index97.60.85  ▲   0.88%               98.3797.44 MFX KBW Mortgage Finance Index31.030.11  ▲   0.36%             31.0331.03 KRX KBW Regional Banking Index68.690.21  ▲   0.31%           68.6968.69 IXBK NASDAQ Bank3,885.989.65  ▲   0.25%             3,918.513,883.64  
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earlybird14
Supreme |
08-Mar-2017 23:29
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You still didn't get what I mean.
There are a budget. Like our Singapore also has budget. The budget are based on calculated income from country based on last year income. Obama has this budget. Trump will has same budget. According to GDP growth less than 2% so trump won't get 2%more than Obama has. So Obama budget cover mostly tech stock, green policy and Obama care military and various budget. If want to get more than this budget, U.S. Has to increase debt. Increase debt has to raise the debt ceiling. This need approval which caused last gov black out few years ago. So trump promise so much, first 10% military budget increase(Obama cut cut cut this section). Ok fine, he want to build a Great Wall along boarder$$$$. He want to upgrade infrastructure $$$$. He want this and that but with same budget. So he has to cut some where. Where? Obama care, green and etc.
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TechnicalTrader
Master |
08-Mar-2017 23:22
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Yes,, I also find that I am too bullish... good to have some checks..
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TechnicalTrader
Master |
08-Mar-2017 23:16
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Economy is blooming, now everything is controlled by Republican... budget will be approved. Who want to stop the music go?  
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earlybird14
Supreme |
08-Mar-2017 23:14
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Priced in already.
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TechnicalTrader
Master |
08-Mar-2017 23:10
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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Mr Davidoch My personal view is that it is not total good thing for Big Bank like that to sell assets... You take the money for what? What is the future potential of those assets?  Just my opinion..
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earlybird14
Supreme |
08-Mar-2017 23:09
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Still 9.78, 9.65 and 9.55.
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davidoch
Senior |
08-Mar-2017 23:04
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Yes, but I don' t think so by looking at the chart now and the sentiment is right for the banking sector...ADP, interest rate hike, and ocbc additional story line is building along the way...
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