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What a week!
S+P dropped 1.3% for the day ending the week with a declined of 1.9%.
Nasdaq retreated 0.9% and lost about 0.3% for the week.
Dow Jones slumped 1.6% on Friday for a weekly drop of 3.5%.

10 year yield declined to 1.45%
Commodity prices fell.
WTI rebounded on Friday for a slight gain for the week.
Gold got hammered.

 

MEDIA RELEASE ISDN Holdings partners with Whizpace to deliver Industry 4.0 to wide-area industries ISDN&rsquo s expands its industrial automation reach into agriculture, utilities, oil & gas, transportation, and other industries with wide-area operations. Singapore, 18 June 2021 &ndash ISDN Holdings Limited today announced a global strategic partnership with Whizpace Pte Ltd to deliver wide-area Industry 4.0 and internet of things (IoT) solutions globally. The partnership extends the reach of ISDN&rsquo s leading Industrial Automation solutions into exciting frontiers of automation where intelligent devices are connected over wide spaces such as farms, oil fields, ships, forests and mines. Introducing the partnership, ISDN CEO Mr Teo Cher Koon noted that &ldquo today, the frontiers of Industry 4.0 extend well outside the walls of the factory or office. Industry 4.0 must deliver intelligence and connectivity to every corner of the enterprise, including the fields, mines, transport pipelines and other wide-area spaces where many of the world&rsquo s biggest industries operate. Whizpace&rsquo s patented TV band connectivity fills an important gap in ISDN&rsquo s portfolio of industrial  connectivity technologies. By providing reliable, low-energy connectivity in the 2km to 10km+ range, Whizpace allows ISDN to deliver important automation solutions to farming, transportation, utilities, pipelines, and other wide-area industrial operations.&rdquo  

Whizpace&rsquo s connectivity products are the result of over 10 years of patented research and development. Whizpace technology delivers industrial-grade networking in the TV radio band, providing significant advantages for wide-area automation connectivity including: &bull Low cost and low energy deployment &bull Large effective range from 2km to 10km+, reducing installation cost and complexity &bull Strong TV-band network penetration through buildings and terrain features &bull Resilience to wide range of weather conditions &bull Flexible and scalable mesh or point-to-point configuration &bull Minimal radio frequency band licensing restrictions Whizpace CEO Dr. Oh Ser Wah added that &ldquo we&rsquo re delighted with the new partnership. ISDN is deeply complementary to Whizpace: they bring not just 30 years of deep solutions experience with industrial automation, but also a formidable customer base of over 10,000 enterprises throughout Asia, along with a powerful sales force and access to hundreds of automation technology vendors and components.&rdquo Concluding the announcement, Mr Teo Cher Koon remarked that &ldquo this strategic partnership continues ISDN&rsquo s 30-year track record of deepening our capabilities to provide more and more to customers as Asia advances its industrial capabilities. We look forward to opening this strategic market frontier to extend Industry 4.0 into the largest operating fields around in the world.&rdquo  
 

 

congratz bro tik tok....

TikTalk      ( Date: 18-Jun-2021 16:30) Posted: Today Dow futures p/l

 

bery tough to play ah jones tonite....frm loss $400 plus to win $79...trade many times till cover back losses...hallelujah...ptl...starting ah daq damn strong then become weaker after 11pm....now going to read His word....

 

haha so humble. Everday meals at Mr Jones Place cannot be pure luck. Matter of knoweldge, experience and skill 

TikTalk      ( Date: 18-Jun-2021 11:53) Posted: Thanks bro Koala, Lucky perhaps. Sg_KoalaDreaming      ( Date: 17-Jun-2021 21:42) Posted: impressive work Bro

 

Today Dow futures p/l   

 

Oops, i thought I got type le...strange must be accidentaly deleted.

For my records.

High/Yesterday close/% changed

Gloves
Top Glove - 2.95 - 1.51 - 48.8% 
Riverstone - 2.29 - 1.35 - 41%
Medtec - 1.85 - 0.94 - 49.2%
UgHealth -1.14 - 0.60 - 47.3%

Banks
DBS - 30.60 -29.90 - 2.28%
UOB - 26.84 - 25.94 - 3.35%
OCBC - 12.60 - 12.12 - 3.8%

Cheers
 

Maxgrow68      ( Date: 18-Jun-2021 15:25) Posted: OCBC ? TikTalk      ( Date: 18-Jun-2021 15:21) Posted: For my records. High/Yesterday close/% changed Gloves Top Glove - 2.95 - 1.51 - 48.8%  Riverstone - 2.29 - 1.35 - 41% Medtec - 1.85 - 0.94 - 49.2% UgHealth -1.14 - 0.60 - 47.3% Banks DBS - 30.60 -29.90 - 2.28% UOB - 26.84 - 25.94 - 3.35%

 

Bro,

DBS consolidation, usually pullback about $1.30 to $1.50. So far only about $1 from high of $30.60, holding
up better than I thought. Uptrend still intact. Support 29.65.

wavehunter      ( Date: 18-Jun-2021 13:33) Posted: Bro TikTalk, What' s the TA outlook for DBS ? Thanks.

 

OCBC ?

TikTalk      ( Date: 18-Jun-2021 15:21) Posted: For my records. High/Yesterday close/% changed Gloves Top Glove - 2.95 - 1.51 - 48.8%  Riverstone - 2.29 - 1.35 - 41% Medtec - 1.85 - 0.94 - 49.2% UgHealth -1.14 - 0.60 - 47.3% Banks DBS - 30.60 -29.90 - 2.28% UOB - 26.84 - 25.94 - 3.35%

 

For my records.

High/Yesterday close/% changed

Gloves
Top Glove - 2.95 - 1.51 - 48.8% 
Riverstone - 2.29 - 1.35 - 41%
Medtec - 1.85 - 0.94 - 49.2%
UgHealth -1.14 - 0.60 - 47.3%

Banks
DBS - 30.60 -29.90 - 2.28%
UOB - 26.84 - 25.94 - 3.35%

 

Bro TikTalk,

What' s the TA outlook for DBS ?
Thanks.

 

https://seekingalpha.com/news/3707393-plunging-interest-rates-ding-banks-and-mortgage-reits

TikTalk      ( Date: 17-Jun-2021 18:19) Posted: OCBC  Would like to see it hold the 50ma and break above Wednesday high of $12.38. Whatever we buy today will be much dependant on how the US market do tonight. I kinda think yesterday was an excuse for the market take profits, I mean one camp trust the Fed while the other camp is worried the economy maybe too hot and that the Fed could end up behind the curve or having to tighten too much if inflation is not transitory resulting in slowing down the economy earlier than if they act sooner to tackle inflation. Either way I thought Fed did deliver a right message by moving the chance of a earlier rate hike to 2023 from 2024. Anyway the big banks and regional banks in the US were mostly up as a rise in short term rates would contribute positively to their bottom line. Banks in Europe  too is up today. So I just try my luck with our local bank. All the bre@st. TikTalk      ( Date: 17-Jun-2021 09:22) Posted: Try try.....

 

Thanks bro Koala,

Lucky perhaps.

Sg_KoalaDreaming      ( Date: 17-Jun-2021 21:42) Posted: impressive work Bro

 

impressive work Bro 

 

Ok closed shop for thre day...

TikTalk      ( Date: 17-Jun-2021 15:12) Posted: Today Dow futures so far..

 

OCBC 

Would like to see it hold the 50ma and break above Wednesday high of $12.38.
Whatever we buy today will be much dependant on how the US market do tonight.
I kinda think yesterday was an excuse for the market take profits, I mean one camp
trust the Fed while the other camp is worried the economy maybe too hot and that the
Fed could end up behind the curve or having to tighten too much if inflation is not
transitory resulting in slowing down the economy earlier than if they act sooner to
tackle inflation. Either way I thought Fed did deliver a right message by moving the
chance of a earlier rate hike to 2023 from 2024.

Anyway the big banks and regional banks in the US were mostly up as a rise in
short term rates would contribute positively to their bottom line. Banks in Europe 
too is up today. So I just try my luck with our local bank.

All the bre@st.

TikTalk      ( Date: 17-Jun-2021 09:22) Posted: Try try.....

 

Yup, missed that. Didn' t queue and I wasn' t at my play-station. My notes show buy at 1.30. 

TikTalk      ( Date: 17-Jun-2021 15:28) Posted: Bro Kendolah99 Bro TT, 1Q21 net profit was RM 522.7M vs FY20 RM647.3M. Reporting 1H21 in early Aug. Results will be a sure super good one. Have been waiting at 1.30. Beh tioh yet.... If you referring to River thought it touch 1.29 few sessions ago?

 

Bro Kendolah99

Bro TT,
1Q21 net profit was RM 522.7M vs FY20 RM647.3M. Reporting 1H21 in early Aug. Results will be a sure super good one.
Have been waiting at 1.30. Beh tioh yet....

If you referring to River thought it touch 1.29 few sessions ago?
 

 

Today Dow futures so far..

 

Bro TT,
1Q21 net profit was RM 522.7M vs FY20 RM647.3M. Reporting 1H21 in early Aug. Results will be a sure super good one.
Have been waiting at 1.30. Beh tioh yet....

TikTalk      ( Date: 17-Jun-2021 12:19) Posted: The last time I compared Riverstone and Top Glove their closing price different was $0.24. Yesterday closed the price different was $0.18. In just five days from 12th June and had one switch from Top Glove to Riverstone one would have been 6 cents better off. Thats one way of getting out of one stock into another and still vested in the same sector. Not forgetting their year high different was $0.50, had one switch from early Jan, wow. Will one switch from today if you didnt switch on 12th June? Ok, maybe Jan 2021 we dont know that, but I  remember I do posted more than once the performance of different glove stocks for comparing. What if one day Riverstone stock price is higher than Top Glove? Possible?  One stock is trending up and the other is trending down. Well, your money you decide. So far seem like Riverstone is still ourperforming. All the bre@st. TikTalk      ( Date: 12-Jun-2021 14:05) Posted: Comparing Riverstone, Top Glove & Medtec. Riverstone March High $1.34, May High $1.52 Now $1.32 Top Gove March High $1.70, May High $1.95 Now $1.56 Medtec March High $1.06, May High $1.14 Now $0.95 Since March Riverstone is 2 cents below its March high, while Top Glove is 14 cents below and Medtec is 11 cents below its March high, -1.5%, -8%, and -10.4% respectively Since March Riverstone rallied to a high by 18 cents, Top Glove rallied by 25 cents and Medtec rallied only 8 cents to its May high, +13.4%, +14.7% and +7.5% respectively. Since May high, Riverstone was down 20 cents while Top Glove was down 39 cents and Medtec was down 19 cents, -13%, -20% and -16.6% respectively. Based on above Riverstone has outperformed during recent time in the glove sector and Medec has underperformed badly. All the bre@st to whichever counter you prefer.