iVSAChart Follow The Smart Money

Wednesday, May 9, 2018

What is a bull market?

A bull market is a financial market of a group of securities in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market but can be applied to anything that is traded, such as bonds, currencies and commodities.

Tuesday, May 8, 2018

Major & Minor Diamond Buy May 3, 2018

Major

HKEX

CHINA NEW HIGHER EDUCATION GROUP LTD
closing price (minor green diamond) 6.25

NYSE

Penumbra Inc Common
closing price (minor green diamond) 133.80

Nasdaq

PTC Therapeutics Inc Common
closing price (minor green diamond) 27.95

Minor

HKEX

CHINA NEW HIGHER EDUCATION GROUP LTD
closing price (minor green diamond) 6.25

NYSE

Noah Holdings Ltd ADR
closing price (minor green diamond) 53.47

Nasdaq

Ares Capital Corp Common
closing price (minor green diamond) 16.23

Monday, May 7, 2018

STI.SI (3-month period) - SGX Market Review

Red sell and green diamonds were spotted on this 3-month period. The market became bearish since the appearance of the red diamond on April 4, 2018. On April 30, 2018 line change was noted. The market has moved above the 50MA support line since April 8, 2018. The Market Stage was red on May 7, 2018 which is not healthy for the SGX. A decrease in volume was noted today.

FTSE KLCi (3-month period) - KLSE Market Review

Green and Red diamonds were spotted on this 3-month period. The market has turned bearish since the appearance of red diamond on April 4, 2018. On April 19, 2018 line change was noted. The market has moved above the 50MA support line since April 6, 2018. The Market Stage was red on May 7, 2018 which is not healthy for the KLSE. A decrease in volume was noted today.

Major & Minor Diamond Buy May 2, 2018

Major

KLSE

HONG LEONG INDUSTRIES BHD
closing price (major green diamond) 11.22

HKEX

LIFESTYLE PROPERTIES DEVELOPMENT LIMITED
closing price (major green diamond) 14.20

NYSE

RH Common
closing price (minor green diamond) 98.25

Nasdaq

Momenta Pharmaceuticals Inc Common
closing price (minor green diamond) 21.08

Minor

HKEX

LUYE PHARMA GROUP LTD
closing price (major green diamond) 8.84

NYSE

Zendesk Inc Common
closing price (major green diamond) 52.10

Nasdaq

Beigene Ltd ADR
closing price (major green diamond) 181.20

What is ask-bid spread?

A bid-ask spread is the amount by which the ask price exceeds the bid price for an asset in the market. The bid-ask spread is essentially the difference between the highest price that a buyer is willing to pay for an asset and the lowest price that a seller is willing to accept to sell it.