So APPLE is now the saviour for the market

Hi readers
Facebook came out after the market with numbers which as expected where light .
Qualcomm missed deeply also and AT was light but cost review.

Looking at the market typical just wasting time but very good opportunities in trading.
we saw again the Europeans blame Greece for a fall which was laughable.

I took a number trades which we stated yesterday and had to take profits as my levels to take profit had been hit.
But once again today we will be doing the same as yesterday.
See which market suites you and remember trade.

Disclosure
Short FB&TWTR STOCK AND OPTIONS

Short term trades

Short FB stock
Short DOW, S&P , NASDAQ INDEXES

Today considering ASX200 . Above 5846 ..... Hang Seng above 28000

Time of posting 7am singapore time

market is turning

Hi readers

So the market went up a little then down a little also.
I guess it does come down to what you trade.
Those who produce traded higher while those who speculate traded lower!
Talking about the banking sector as apposed to the tech sector.
Note this banks only look after themselves, with higher wages for executives and brokers.
Then when profits are down they still receive the same level of wages.
It's not like profits where down so you get less.
Anyone who tells you that is bull shitting you.
They just rename it from bonus to incentive payment.

With the current high valuations market isn't able to digest current profit results.
Sure you get the odd outperformer but most are in line or missing the revised numbers.

With the negative aspect which are coming up today and tomorrow there are trades to be taken.
Friday and Sunday to early Monday are up then down again so as I said before trade.

Trades I'm looking at
FB& NFLX
OIL & SILVER
ASX200,HANG SENG,NAS,DOW S&P500

These markets have negative aspects hitting them so look to short.
Be smart if your technicals turn negative and its a right trade consider it.
The more indicators in the same direction tend to be a true move not a fake.

As this is written 7am singapore time 

keep your powder dry

Hi readers

Some of the numbers which have come in by the giant Dow stocks isn't as impressive as one is made out to believe.
Yes let's put the currency BS aside to. Sales are falling and margins are too.
Nothing to do with the currency.
Question is does it warrant the high price tag currently.
Today people is a dead cat move don't read anything into it just a pure squeeze out.
Tomorrow after the close is where the real action will be.( Wednesday close US time)

So till then just square up your book and wait is what I've done.
Astrology will be somewhat negative tonight in the US market but by end of day will be square ..
Here in Asia Thursday will be interesting with many numbers coming out.

The Twitter account will be up and running first week of May hopefully.

Disclosure

Long term trade
Short FB&TWTR stock and options

Trades
None, clean book 

Caution is required

Hi readers

So Morgan Stanley makes double digit profits!
To the contrary of what many people think, when banks make huge profits the public and companies become poorer for it.
It's much better when companies who produce something, whether it be cars or computer components make money as they support the whole economy.
We're as banks strip the economy of funds, has been the case for a number of years in the US then we saw the disaster, and now it's happening again.
In Australia is been happening for a while and that's why the example above is on its way.

Currencies
I hope that those who trade currencies saw the gift on offer and took it..
The euro isn't going anywhere as the ECB need to flood the system with euro's.
Like wise the Australian dollar at 78 like the euro at 108 are easy stress free trades at the present time.

Indexes
At present while there are small positives for the U.S. market there are negatives else where so need to be cautions.
Reason I say that is because engines don't move forward and then jam into reverse without pressing a clutch first.

Commodities
With oil at the present time seems to be a political involvement which has eased the selling for the time being.
Russia's next move will determine how far oil drops.
Astrologically oil at the present time has a number of negative aspects, so I woundnt be brave in buy oil for now.

Quick note
For the amateur astrologers who have asked .
You need to use the chart of the handover of Hong Kong from British rule to Chinese rule.
That's the date that I am using not the Hong Kong inception.

Disclosure
Long term trades short FB&TWTR stock and options
Trades
Short A$
Short EURO
Long Hang Seng 

Can you see the real play NOW.

Hi Readers

If you ever wanted to question financial astrology regarding its acuracy I believe the answer was give to you on Friday.
By now many of you know that China will be the catalysts for the collapse of the financial system.
Not Greece or Europe or even Russia for that matter but CHINA.

The U.S. roosters are calling it a healthy correction at present!
But if the U.S. firms are making record profits can't stocks go higher ?
They might and anything is possible but extremely difficult, as the ladder the market is rising on is seriously decaying.
Japan is now the biggest buy of US debt, not China.
Word has it that the Chinese a liquidating bond holdings... And who's buying it?

Don't get carried away market won't crash but it will devalue in price.
Many expect a crash and I have to say I have never said crash but I have said drop.
Yes markets fall quicker than they rise so be mindful of it.

Stocks
While I'm looking at NFLX short it worries me that CEO is being smart by splitting the stock.

Property
Start to see some difficulties obtaining finance for loans over the next 12 months as of Friday 17/18th April.
Which should see Asian buyers become very selective in there needs to Aquire property.
Which will see properties stay longer on the market and price reductions start (phase 1).

Disclosure
Holding options and shorts in FB&TWTR
Holding shorts in Hang Seng .

NFLX HOW RIDICULOUS

Hi Readers

So it appears that banks are making money while companies that produce are not meeting expectations.
This isn't a good thing people.
As for NFLX well there is a laugh.
Now the stock has a $500 price tag, you have to laugh but now the CEO is doing something smart..
Looking to stock split to expand the register is smart.
Something that just doesn't happen with NFLX.
There is probably a little more excitement on the stock before it comes back down to earth I think.

If results were good people, market would be running, but as stated previously, market looks fully priced.
So next move has to be down is my view.

As for the currency market we once again saw the $A dollar be a nice and easy trade during the week.
Not able to break the 75 level and then running all the way back up to the 78 area.
So where to next ? In that trading range is where the $A is going to sit until the U.S. GETS BACK INTO THE CURRENCY DEVALUATION GAME.

So be smart and take the trade when you see it and let's the analysts spin there crap.
As for the euro at the present time hard to see if the 105 level holds.

Disclosure
Short .......FB,TWTR
Short .......Hang Seng.

Stating what is ....not the illusion authorities what us all to believe.

Hi readers

Last post hit a raw nerve with American readers, but the truth is the federal reserve did it first so it's ok for other to do the same thing.
They just improve it to target what suits.
Had it been left for the market to properly price assets then world markets would be a lot high then was the case back then but not at these ridiculous levels we have today.
As has been from the beginning of time every government worker wants his name in history.
So I state what is not what I'm told to believe.
The cat was almost let out of the bag the other day with (CEO JPM) say another crisis is on the way.
Why is that you should ask?
ANSWER ......Because the system is completely flawed.
Government just don't get it, the market is the best mechanism to price assets not illusionary government assistance, and schemes to propel spending and taxes.
Not just in America but around the world.

No unemployment benefits people should fend for themselves
No Child care assistance
No bullshit schemes to sway people to spend.

In return health care and education should be free
Pension to the elderly should be higher

The human instinct is a wonderful and powerful ability which everyone has let's use it.
Yes it's radical but that's what has to happen if this world is to prosper on solid ground, not illusions.
The Asian model of government is the best way forward, not the west minister model.
That model only worked when the population was 1-2 billion people.
We are at 13 billion now and increasing.
I am still lost to know how a country of America, or Australia and even the UK, run massive deficits yet monthly while Asian countries continue to run surplus accounts month over months.
Yet only produce half to a quarter of what these western economies produce.

Let's look forward.. Monday and Tuesday markets will be choppy to down maybe half to 1 percent.

Cheers