Thursday, 31 July 2014

Funds Flow Analysis (FFA): 31 July 2014, Thursday, 9.05pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
31 July 2014, Thursday, 9.05pm Singapore Time
Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
31 July 2014, Thursday

Broad Markets / Big Markets / Big Wind Directions

European markets are in the first 6 hour 05 minutes of trading, while US markets (Dow, S&P500 and NASDAQ) are 25 minutes away from opening for trading.

Based on current latest computational results, Holdings Index Strength of Big Hands changed from +2.006 (30 July 2014) to -4.680 (31 July 2014) in strength on the Donovan Norfolk Funds Flow Index OscillatorOn the other front, Big Hands' Puts Holdings on hand changed from -3.987 (30 July 2014) to -5.208 (31 July 2014) in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

Broad/Big Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:

Major Top for Worldwide Financial Markets:
+ Worldwide Financial markets are transiting to bear markets.
+ Bear confirmations worldwide are being made in the first half of 2014.
+ The worldwide bear market transitions have been warned based on FFA in end-2013 and early-2014.

+ Smart monies and Big Hands have been taking profits of their Bullish Calls and loading Bearish Puts since end of May and the start of June: Bearish biased.
+ Big Hands and Smart monies carry on to take profit of significant amount of longs today (unload longs) and turned shorts: Bearish biased.
+ Big Hands are extremely big sells today and have turned into significant shorts in holdings for the mid term now.
+ Puts are now very speculative bearish puts. 
+ Be cautious of the financial markets: BEARISH BIASED.

-----------------------------------------------------------------------------------------------------------------
Donovan Big Hands Funds Flow Computational Oscillator
-----------------------------------------------------------------------------------------------------------------

Donovan's Funds Flow Analysis Index Oscillator:
-10 ----- 0 ------+10
Donovan's Funds Flow Analysis Strength-Index Scale Key:
negative (-ve) = shorting;
positive (+ve) = longing;
0: No shorts and no longs (direction-less)
1-2: Weak strength / weak holdings
3-4: Moderate strength / moderate holdings
5-6: Strong strength / high holdings
7-8:Very strong strength / very high holdings
9-10:: Rally Mode in store if +ve / Plunging Mode in store if -ve

Implication of Broad Markets/Big Markets/Big Wind Indices Directions
If it is a rising tide in Index Big Wind, most or almost all stock boats generally rise;
If it is a receding tide in Index Big Wind, most or almost all stock boats generally go lower.
Hence the importance of Big Wind Directions blown by Big Hands.




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Wednesday, 30 July 2014

USDJPY: 30 July 2014, Wednesday, 7.55am Singapore Time

USDJPY: 30 July 2014, Wednesday, 7.55am Singapore Time

Added Shorts on USDJPY at 102.077
Bullish on Japanese Yen.
Long term target remains at 84.00 and just below 84.00.

Donovan Norfolk Technical Rating:
Bearish on USDJPY
Bullish on Japanese Yen

Correlation:
Nikkei is peaking




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Sunday, 27 July 2014

Pan American Silver Corp: 27 July 2014, Sunday, 6.33pm Singapore Time

Pan American Silver Corp: 27 July 2014, Sunday, 6.33pm Singapore Time
Chart courtesy of StockCharts.com

Attached above is the Technical Analysis of Pan American Silver Corp (NASDAQ: PAAS).
This will be one of the minority stocks that will continue to go up while the rest of the markets undergo bearish corrections or transition to bear markets.

Base on price structure above:
1. Fake break-down of RED Double-line supports which has now become powerful resistances-turned-supports.
2. Break-up of critical ORANGE Double-line resistances which has been backtested as a support successfully.
3. Powerful rally on Pan American Silver Corp is to be expected.
4. Big Hands and Smart Monies are delving into this stock.
5. A significant rally towards at least $29.50 is to be expected.
6. A rally towards $29.50 will represent an upside of +96.7% profit level on capital invested.

Donovan-Norfolk Ang's Strategy:
1. Invested in Pan American Silver Corp, and will take full profits at $29.50;
2. By the time Physical Silver Spot Price hits $30.00, no matter what would be the price of the stock of this company, I will take profits of all my stocks holdings for this company.

Donovan Norfolk Technical Rating:
Bullish on Pan American Silver Corp (NASDAQ: PAAS)
(Buy on dips with profits of at least +96.7% on capital invested)



Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Silver Wheaton Corporation: 27 July 2014, Sunday, 2.35pm Singapore Time

Silver Wheaton Corporation: 27 July 2014, Sunday, 2.35pm Singapore Time
Chart courtesy of StockCharts.com

Attached above is the Technical Analysis of Silver Wheaton Corporation (NYSE: SLW).
This will be one of the minority stocks that will continue to go up while the rest of the markets undergo bearish corrections or transition to bear markets.

Base on price structure above:
1. $40.00 is guaranteed to break up, representing at least +50% upside.
2. $46.00 will have more than 80% probability of breaking up, representing +72.2% upside.

Donovan-Norfolk Ang's Strategy:
1. I will take half profits on break-up of $40.
2. I will take full profits on break up of $46.
3. By the time Physical Silver Spot Price hits $30.00, no matter what would be the price of the stock of this company, I will take profits of all my stocks holdings for this company.

Donovan Norfolk Technical Rating:
Bullish on Silver Wheaton Corporation (NYSE: SLW)
(Buy on dips with profits of at least +50% to +72% on capital invested)


Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Silver: 27 July 2014, Sunday, 11.15am Singapore Time


Silver: 27 July 2014, Sunday, 11.15am Singapore Time

Break up in Silver against the RED powerful resistances; 
Multiple supports on Silver offered now by the RED resistance-turned-supports and BLACK supports.
Just like Gold, Silver will rally from the 2000 point ($20.00) mark towards 3000 points ($30.00).

Donovan Norfolk Technical Rating:
Bullish on Silver
(Buy on dips)


Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Tuesday, 22 July 2014

Dow Jones Industrial Index: 22 July 2014, Tuesday, 6.50am Singapore Time

Dow Jones Industrial Index: 22 July 2014, Tuesday, 6.50am Singapore Time
Chart courtesy of StockCharts.com

DJIA awaiting a healthy correction

Breakdown, if any, will occur at the apex of the wedge, rendering the breakdown unreliable.
US markets are one of the very few markets in the world to maintain a bullish stance. DJIA price structure, as above, is warning that any sharp correction, when it comes, may not negate its long term bull market.

Expected correction:
around -2000 points

Donovan Norfolk Technical Rating:
Mid Term Correction Expected
Long Term Still Uptrend




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Saturday, 12 July 2014

Consol Energy: 12 July 2014, Saturday, 3.16pm Singapore Time

Consol Energy: 12 July 2014, Saturday, 3.16pm Singapore Time
Chart courtesy of StockCharts.com

Attached is the technical analysis of Consol Energy listed in the NYSE.
+ Price satisfaction for rebound wave to end and for long term downtrend to resume:
$44.00
+ The $44 escape wave target has ended with an overshot to $48 for smart money shorting purposes.
After shorting, Consol Energy will undergo the high volume break-down and mark-down stage
+ This stage is currently on-going.
Sell off in stocks is far from over yet.


Donovan Norfolk Technical Rating:
Bearish
Sell on Rebounds




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

TDM: 12 July 2014, Saturday, 2.58pm Singapore Time

TDM: 12 July 2014, Saturday, 2.58pm Singapore Time
Chart courtesy of Chartnexus.com

Attached is the technical analysis of TDM listed in KLSE.

RED BOX REGION: Failure to Rally on MAX FFA
<< WARNING: Failure To Rally on MAXIMUM +10.000 FFA >>

+ Maximum +10.000 FFA in the big wind/broad market is completing and U-turning, and this had been the best performance that this stock can offer (to be trapped in near consolidation within a +10.000 FFA: clear intentions to transit to bear market).
+ Resumption in sell-off will now proceed to do further damage.
+ Financial markets worldwide are transiting to bear markets as per warned in end-2013 and 1H-2014 using Daily Funds Flow Analyses (RED  BOX region). TDM is also transiting to a bear market.
+ Only retailers are holding unwanted stocks and there is no more buying interest.
+ There is also no more buying momentum and TDM is resisted by light blue internal resistance now.
+ Retailers are helping to catch stocks on the buy side while smart monies are throwing on the sell side.
+ TDM awaiting high volume high down. Malaysia public will be caught offguard in any selldowns.

Donovan Norfolk Technical Rating:
Bearish
Sell on Rebounds




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

EUPE: 12 July 2014, Saturday, 2.27pm Singapore Time

EUPE: 12 July 2014, Saturday, 2.27pm Singapore Time
Chart courtesy of Chartnexus.com

Attached is the technical analysis of EUPE listed in KLSE.
For EUPE, I only need 2 lines to illustrate my point as well as to show where it current stands vis-a-vis the broad markets. The lines are highlighted in the attached chart.
There is not much buying momentum anymore. 

EUPE, together with Malaysia Stocks and Equities Market, is making transition to bear market.

Donovan Norfolk Technical Rating:
Bearish
Sell on Rebounds




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

INARI: 12 July 2014, Saturday, 12.11pm Singapore Time

INARI: 12 July 2014, Saturday, 12.11pm Singapore Time
Chart courtesy of Chartnexus.com

Attached is the technical analysis of INARI listed in KLSE.
17 folds within 2 years. Time to take all profits and dump.
Many penny stocks are frothing with bubbles in Malaysia.
Exponential Bubble. A crash is in the brewing.

At the end of a bull market, dead penny stocks such as INARI will be speculated because Big Hands are not buying dividend stocks, blue chips and index stocks anymore.

INARI is at final stage of pump, and the rush for exit will inflict pain to the late comers.

A large number of retailers and retail investors have been sucked in based on technicals and the hot rush for exit is coming soon.

INARI, together with Malaysia Stocks and Equities Market, is making transition to bear market.

Donovan Norfolk Technical Rating:
Bearish
Sell on Rebounds




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

OPENSYS: 12 July 2014, Saturday, 9.35am Singapore Time

OPENSYS: 12 July 2014, Saturday, 9.35am Singapore Time
Chart courtesy of Chartnexus.com

Attached is the technical analysis of OPENSYS listed in KLSE.

Exponential Bubble

At the end of a bull market, dead penny stocks such as OPENSYS will be speculated because there is Big Hands are not buying dividend stocks, blue chips and index stocks anymore.

OPENSYS is at final stage of pump, and the rush for exit will inflict pain to the late comers.

A large number of retailers and retail investors have been sucked in based on technicals and the hot rush for exit is coming soon.

OPENSYS, together with Malaysia Stocks and Equities Market, is making transition to bear market.

Donovan Norfolk Technical Rating:
Bearish
Sell on Rebounds




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

ARREIT: 12 July 2014, Saturday, 9.15am Singapore Time

ARREIT: 12 July 2014, Saturday, 9.15am Singapore Time
Chart courtesy of Chartnexus.com

Attached is the technical analysis of ARREIT listed in KLSE.

LARGE SCALE DISTRIBUTION in Malaysia is at its final phase and is expected to end in 2014. 
Malaysia KLCI Index is executing a Bear Market Transition Confirmation in 2014 as per warned in end-2013 and 1H-2014 using Funds Flow Analysis.
ARREIT is also following suit.

In fact, based on technicals and volume counting of stocks across the board in Malaysia, majority of Malaysian public are holding on to Malaysian stocks and equities such as the ARREIT attached above. There have been massive rushed unloads to the public using positive sentiments and rosy outlook as illustrated above.

In addition, based on ground check, public sentiments in Malaysia is very bullish. 

Unfortunately, magic stones are most easily sold and unloaded to public at high high prices when sentiments are high, adrenalin juices rushing and flushing, outlook rosy and when everything looks formidably good.

This is when the climax ends and the U-turn sets in.

When all REITS are being dumped, it is a distress sign.

ARREIT, together with Malaysia Stocks and Equities Market, is making confirmation of transition to bear market right now.

Donovan Norfolk Technical Rating:
Bearish
Sell on Rebounds




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

SUNREIT: 12 July 2014, Saturday, 12.39am Singapore Time

SUNREIT: 12 July 2014, Saturday, 12.39am Singapore Time
Chart courtesy of Chartnexus.com

Attached is the technical analysis of SUNREIT listed in KLSE.

LARGE SCALE Pump and Dump in Malaysia is at its final phase and is expected to end in 2014. 
Malaysia KLCI Index is executing a Bear Market Transition Confirmation in 2014.
SUNREIT is also following suit.

In fact, based on technicals and volume counting, majority of Malaysian public are holding on to Malaysian stocks and equities such as the SUNREIT attached above. There have been 6 massive rushed unloads to the public using positive sentiments and rosy outlook. In addition, based on ground check, public sentiments in Malaysia is very bullish. For instance, many are saying "There is no way Malaysia will go into bear market. This bull is far from over. Outlook is very good."

Unfortunately, magic stones at high prices are most easily sold to public when sentiments are high, adrenalin juices is rushing and flushing to the head, outlook is rosy and everything looks formidably good.

This is when the climax ends and the U-turn sets in. 
SUNREIT, together with Malaysia Stocks and Equities Market, is making confirmation of transition to bear market right now.

Donovan Norfolk Technical Rating:
Bearish
Sell on Rebounds



Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Friday, 11 July 2014

FARLIM: 11 July 2014, Friday,11.35pm Singapore Time

FARLIM: 11 July 2014, Friday,11.35pm Singapore Time
Chart courtesy of Chartnexus.com

Attached is the technical analysis of FARLIM listed in KLSE.
Malaysians are majority 95% bullish in all of their stocks and investments. 

This makes Malaysian stocks and equities markets a Donovan Norfolk Technical Rating of: 
STRONG SELL

Donovan Norfolk Technical Rating:
Bearish
Sell on Rebounds



Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

Friday, 4 July 2014

Funds Flow Analysis (FFA): 4 July 2014, Friday, 11.00pm Singapore Time



Current Latest Computed Funds Flow Analysis (FFA):
For Worldwide Financial Markets:
4 July 2014, Friday, 11.00pm Singapore Time


Donovan Norfolk Ang Funds Flow Analysis Indicator 
for Worldwide Financial Markets 
4 July 2014, Friday

Broad Markets / Big Markets / Big Wind Directions

European markets are 1 hour 30 minutes away from closing, while US markets (Dow, S&P500 and NASDAQ) are closed for independence day.

Based on current latest computational results, Holdings Index Strength of Big Hands changed from +4.849 (3 July 2014) to +1.723 (4 July 2014) in strength on the Donovan Norfolk Funds Flow Index OscillatorOn the other front, Big Hands' Puts Holdings on hand changed from -3.428 (3 July 2014) to -3.215 (4 July 2014) in strength on the Donovan Norfolk Funds Flow Index Oscillator. 

Broad/Big Market (Big Wind Direction) Short-Term / Mid-Term Posture by Big Hands:

Major Top for Worldwide Financial Markets:
+ Worldwide Financial markets are transiting to bear markets.
+ Bear confirmations worldwide are being made in the first half of 2014.

+ Smart monies and Big Hands have been taking profits of their Bullish Calls and loading Bearish Puts since end of May and the start of June: Bearish biased.
+ Big Hands and Smart monies carry on to take profit of significant amount of longs today (unload longs): Bearish biased.

-----------------------------------------------------------------------------------------------------------------
Donovan Big Hands Funds Flow Computational Oscillator
-----------------------------------------------------------------------------------------------------------------

Donovan's Funds Flow Analysis Index Oscillator:
-10 ----- 0 ------+10
Donovan's Funds Flow Analysis Strength-Index Scale Key:
negative (-ve) = shorting;
positive (+ve) = longing;
0: No shorts and no longs (direction-less)
1-2: Weak strength / weak holdings
3-4: Moderate strength / moderate holdings
5-6: Strong strength / high holdings
7-8:Very strong strength / very high holdings
9-10:: Rally Mode in store if +ve / Plunging Mode in store if -ve

Implication of Broad Markets/Big Markets/Big Wind Indices Directions
If it is a rising tide in Index Big Wind, most or almost all stock boats generally rise;
If it is a receding tide in Index Big Wind, most or almost all stock boats generally go lower.
Hence the importance of Big Wind Directions blown by Big Hands.




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.