MY TAKE ON INVESTING

Like everyone else, there is only one reason why I study, analyse and participate in the financial markets - and that is to make money. But the difference with me and most other people is that I am willing to use anything (legally) possible to do it. If counting the number of cockroaches that I see everyday gives me an edge in the market, I'll do it. If it works, I'll use it; be it keeping tabs on the economy, looking at charts and indicators (technical analysis), looking at value or growth potential (fundamental analysis), profits & earnings + other related market activity (quantitive analysis), through insider activity + consumer surveys (sentiment analysis) and yes even astrology.

I've spent over five years monitoring, studying, observing and trading the financial markets. My quest was to find out what makes the financial markets move, to find something substantial, something that will provide consistent monetary gains. I don't want to just accept what other authors say/write as gospel truth, I want to know why. In 2005, I took a masters degree in finance to see if what they teach in the university adds any value towards investing success - the answer is 'not really'. Investment knowledge builds up with time - what might seem unimportant to you now may become what you need to get you to the next 'level'. Such is my experience with fundamental, quantitative, economic and sentiment analysis.

What you see in this blog represents quite a number of item(s) and technique(s) that have met - like what W.D. Gann says - my '(utmost) satisfaction' and I hope that they can be of use to the investment pilgrim who's also on a quest for understanding and success.
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Monday, November 20, 2006

SGX Insider & Substantial Shareholder Activity from 13 - 17 Nov 06

Here are the details of some of the more significant insider and substantial shareholder transactions on the SGX for the past week:

Wasatch Advisors - Advanced Holdings - Sold 790,000 shares
Arisaig ASEAN Find - Aussino Group - Bot 6,599,510 shares
Temasek Group - CapComm Trust - Sold 567,451 shares
Fir Tree Value Master Fund - Chinacast Comm - Bot 4,028,000 shares
Sembcorp Industries + Marine - Cosco Corp - Sold 3,000,000 shares
The Capital Group - GES Int'l - Sold 17,000,000 shares
Equity Ventures - Hengxin - Sold 16,800,000 shares
Paramount Asset Investments - Mediaring Ltd - Bot 5,760,000 shares
Chartered Asset Mgmt - Sarin Tech - Bot 3,076,000 shares
Global Advisory Group (HSBC) - Yellow Pages - Bot 110,000 shares

On the US side, the earnings season is coming to an end, and I've complied the performance of the companies that had earnings estimates(i.e. those that didnt have analyst coverage were not included) :
Oct 16 - 20
Beat Estimate - 105
Missed Estimate - 34
Equalled Estimate - 23

Oct 23 - 27
Beat Estimate - 648
Missed Estimate - 258
Equalled Estimate - 129

Oct 30 - Nov 03
Beat Estimate - 503
Missed Estimate - 290
Equalled Estimate - 112

Nov 06 - 10
Beat Estimate - 315
Missed Estimate - 246
Equalled Estimate - 67

Nov 13 - 17
Beat Estimate - 64
Missed Estimate - 49
Equalled Estimate - 10



From the stats, there were more companies that beat their estimates than those that did not.The US market continued to rally while the Nikkei and FTSE lagged behind. The FTSE dropped over 70pts last friday, and I wonder if it'll have any adverse effect on the global markets. Option buyers on the CBOE have switched from buying puts (the week before) to buying calls(last week) and the buying volume was even higher than the week before. So which group belonged to the informed investors and which group belonged to the uninformed crowd? Volatility has also started to fall over the past week. Low volatility levels usually signal that the market might start to correct or be rangebound. The market breadth oscillator still has some room on the downside before the probability of another good rally becomes significant...

Have a gd wk! Posted by Picasa

posted by SmokingFlax @ 7:14 AM   1 comments

1 Comments:

At 4:21 AM, Blogger RapidFX said...

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